DUBATEC: what changed
DUBATEC
Largest movements
- Cash +€35,994
up €35,994 (+172%), from €20,928 to €56,923
mainly Net result for the year (+€58,084) and Depreciation (+€48,839)
- Receivables within one year +€22,689
up €22,689 (+30.7%), from €73,811 to €96,500
of which Other amounts receivable: +€16,565
- Tangible fixed assets +€14,724
up €14,724 (+2.2%), from €673,801 to €688,524
of which Leasing and similar rights: +€38,179
- Reserves +€58,084
up €58,084 (+30.1%), from €192,888 to €250,971
- Current portion of long-term debt +€12,860
up €12,860 (+35.0%), from €36,719 to €49,580
- Trade debts +€12,474
up €12,474 (+163%), from €7,637 to €20,111
- Debts after one year -€12,047
down €12,047 (-2.3%), from €516,498 to €504,452
- Gross operating margin +€75,261
up €75,261 (+54.2%), from €138,959 to €214,220
- Staff costs +€11,423
up €11,423 (+18.7%), from €61,195 to €72,618
- Taxes +€10,178
up €10,178 (+193%), from €5,282 to €15,460
- Financial charges +€7,152
up €7,152 (+75.9%), from €9,428 to €16,580
- Depreciation +€4,245
up €4,245 (+9.5%), from €44,594 to €48,839
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €773,809 | €847,824 | +€74,015 | +9.6% |
| Fixed assets | 21/28 | €673,901 | €688,624 | +€14,724 | +2.2% |
| Tangible fixed assets | 22/27 | €673,801 | €688,524 | +€14,724 | +2.2% |
| Land and buildings | 22 | €634,546 | €605,824 | -€28,722 | -4.5% |
| Plant, machinery and equipment | 23 | €3,859 | €6,262 | +€2,403 | +62.3% |
| Furniture and vehicles | 24 | €16,445 | €19,309 | +€2,864 | +17.4% |
| Leasing and similar rights | 25 | €18,950 | €57,129 | +€38,179 | +201% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €99,909 | €159,200 | +€59,291 | +59.3% |
| Stocks and contracts in progress | 3 | €5,170 | €5,778 | +€608 | +11.8% |
| Stocks | 30/36 | €5,170 | €5,778 | +€608 | +11.8% |
| Amounts receivable within one year | 40/41 | €73,811 | €96,500 | +€22,689 | +30.7% |
| Trade receivables | 40 | €48,420 | €54,543 | +€6,124 | +12.6% |
| Other amounts receivable | 41 | €25,391 | €41,957 | +€16,565 | +65.2% |
| Cash at bank and in hand | 54/58 | €20,928 | €56,923 | +€35,994 | +172% |
| Total equity and liabilities | 10/49 | €773,809 | €847,824 | +€74,015 | +9.6% |
| Equity | 10/15 | €207,888 | €265,971 | +€58,084 | +27.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €192,888 | €250,971 | +€58,084 | +30.1% |
| Distributable reserves | 133 | €192,888 | €250,971 | +€58,084 | +30.1% |
| Amounts payable | 17/49 | €565,922 | €581,853 | +€15,931 | +2.8% |
| Amounts payable after more than one year | 17 | €516,498 | €504,452 | -€12,047 | -2.3% |
| Financial debts | 170/4 | €516,498 | €504,452 | -€12,047 | -2.3% |
| Amounts payable within one year | 42/48 | €49,423 | €77,401 | +€27,978 | +56.6% |
| Current portion of amounts payable after more than one year | 42 | €36,719 | €49,580 | +€12,860 | +35.0% |
| Trade debts | 44 | €7,637 | €20,111 | +€12,474 | +163% |
| Suppliers | 440/4 | €7,637 | €20,111 | +€12,474 | +163% |
| Taxes, remuneration and social security | 45 | €5,067 | €7,710 | +€2,643 | +52.2% |
| Taxes | 450/3 | €5,067 | €7,710 | +€2,643 | +52.2% |
| Remuneration, social security and pensions | 62 | €61,195 | €72,618 | +€11,423 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,594 | €48,839 | +€4,245 | +9.5% |
| Other operating charges | 640/8 | €1,670 | €4,567 | +€2,897 | +173% |
| Gross operating margin | 9900 | €138,959 | €214,220 | +€75,261 | +54.2% |
| Operating profit (loss) | 9901 | €31,500 | €88,196 | +€56,696 | +180% |
| Financial income | 75/76B | €1,296 | €1,928 | +€632 | +48.7% |
| Recurring financial income | 75 | €1,296 | €1,928 | +€632 | +48.7% |
| Financial charges | 65/66B | €9,428 | €16,580 | +€7,152 | +75.9% |
| Recurring financial charges | 65 | €9,428 | €16,580 | +€7,152 | +75.9% |
| Profit (loss) for the period before taxes | 9903 | €23,368 | €73,544 | +€50,176 | +215% |
| Income taxes | 67/77 | €5,282 | €15,460 | +€10,178 | +193% |
| Profit (loss) for the period | 9904 | €18,086 | €58,084 | +€39,998 | +221% |
| Profit (loss) for the period to be appropriated | 9905 | €18,086 | €58,084 | +€39,998 | +221% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.