DUBAXIS: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DUBAXIS
Largest movements
- Tangible fixed assets -€25,124
down €25,124 (-12.1%), from €207,094 to €181,970
of which Land and buildings: -€24,704
- Profit (loss) carried forward -€35,571
down €35,571 (-43.5%), from €81,808 to €46,236
- Trade debts +€6,429
up €6,429 (+109.6%), from €5,864 to €12,293
- Tax, wage and social debts +€5,719
up €5,719 (+54.7%), from €10,461 to €16,179
- Gross operating margin -€16,712
down €16,712 (-45.5%), from €36,723 to €20,011
- Depreciation -€2,379
down €2,379 (-8.7%), from €27,503 to €25,124
- Taxes -€1,229
down €1,229, from €1,149 to -€80
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €230,825 | €206,605 | -€24,220 | -10.5% |
| Fixed assets | 21/28 | €207,168 | €181,970 | -€25,198 | -12.2% |
| Tangible fixed assets | 22/27 | €207,094 | €181,970 | -€25,124 | -12.1% |
| Land and buildings | 22 | €206,618 | €181,914 | -€24,704 | -12.0% |
| Furniture and vehicles | 24 | €476 | €56 | -€420 | -88.1% |
| Financial fixed assets | 28 | €74 | - | -€74 | |
| Current assets | 29/58 | €23,657 | €24,635 | +€978 | +4.1% |
| Cash at bank and in hand | 54/58 | €23,657 | €24,635 | +€978 | +4.1% |
| Total equity and liabilities | 10/49 | €230,825 | €206,605 | -€24,220 | -10.5% |
| Equity | 10/15 | €213,540 | €177,969 | -€35,571 | -16.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €69,733 | €69,733 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €41,869 | - | -€41,869 | |
| Distributable reserves | 133 | €21,664 | €63,533 | +€41,869 | +193.3% |
| Profit (loss) carried forward | 14 | €81,808 | €46,236 | -€35,571 | -43.5% |
| Amounts payable | 17/49 | €17,285 | €28,636 | +€11,351 | +65.7% |
| Amounts payable within one year | 42/48 | €16,325 | €28,472 | +€12,147 | +74.4% |
| Trade debts | 44 | €5,864 | €12,293 | +€6,429 | +109.6% |
| Suppliers | 440/4 | €5,864 | €12,293 | +€6,429 | +109.6% |
| Taxes, remuneration and social security | 45 | €10,461 | €16,179 | +€5,719 | +54.7% |
| Taxes | 450/3 | €10,461 | €16,179 | +€5,719 | +54.7% |
| Accrued charges and deferred income | 492/3 | €960 | €164 | -€796 | -83.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,503 | €25,124 | -€2,379 | -8.7% |
| Other operating charges | 640/8 | €3,855 | €4,012 | +€157 | +4.1% |
| Gross operating margin | 9900 | €36,723 | €20,011 | -€16,712 | -45.5% |
| Operating profit (loss) | 9901 | €5,364 | -€9,125 | -€14,489 | |
| Financial charges | 65/66B | €1,476 | €1,523 | +€47 | +3.2% |
| Recurring financial charges | 65 | €1,476 | €1,523 | +€47 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €3,888 | -€10,648 | -€14,536 | |
| Income taxes | 67/77 | €1,149 | -€80 | -€1,229 | |
| Profit (loss) for the period | 9904 | €2,739 | -€10,568 | -€13,307 | |
| Transfer from tax-exempt reserves | 789 | - | €41,869 | +€41,869 | |
| Transfer to tax-exempt reserves | 689 | - | €41,869 | +€41,869 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,739 | -€10,568 | -€13,307 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.