DUBBLE: what changed
Two financial 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.
DUBBLE
Largest movements
- Receivables within one year -€140,763
down €140,763 (-35.1%), from €400,947 to €260,184
of which Other amounts receivable: -€163,933
- Tangible fixed assets -€49,132
down €49,132 (-100%), from €49,132 to €0
of which Furniture and vehicles: -€49,132
- Cash +€18,372
up €18,372 (+53.6%), from €34,293 to €52,665
mainly Receivables within one year (+€140,763) and Investment in fixed assets (net) (+€30,790)
- Deferred charges and accrued income -€15,831
down €15,831 (-60.3%), from €26,237 to €10,407
- Trade debts -€75,453
down €75,453 (-83.3%), from €90,537 to €15,084
- Reserves -€63,916
down €63,916 (-21.6%), from €295,588 to €231,672
- Tax, wage and social debts -€53,123
down €53,123 (-42.1%), from €126,285 to €73,161
of which Taxes: -€52,775
- Other debts +€7,139
new in 2025: €7,139
- Gross operating margin -€101,735
down €101,735 (-18.3%), from €554,480 to €452,745
- Taxes -€43,271
down €43,271 (-84.1%), from €51,426 to €8,155
- Financial income -€24,600
no longer reported in 2025 (was €24,600)
From the 2024 result to the 2025 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.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €512,410 | €327,057 | -€185,353 | -36.2% |
| Fixed assets | 21/28 | €50,932 | €3,800 | -€47,132 | -92.5% |
| Tangible fixed assets | 22/27 | €49,132 | €0 | -€49,132 | -100% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €49,132 | €0 | -€49,132 | -100% |
| Financial fixed assets | 28 | €1,800 | €3,800 | +€2,000 | +111% |
| Current assets | 29/58 | €461,478 | €323,257 | -€138,221 | -30.0% |
| Amounts receivable within one year | 40/41 | €400,947 | €260,184 | -€140,763 | -35.1% |
| Trade receivables | 40 | €14,697 | €37,867 | +€23,170 | +158% |
| Other amounts receivable | 41 | €386,250 | €222,318 | -€163,933 | -42.4% |
| Cash at bank and in hand | 54/58 | €34,293 | €52,665 | +€18,372 | +53.6% |
| Deferred charges and accrued income | 490/1 | €26,237 | €10,407 | -€15,831 | -60.3% |
| Total equity and liabilities | 10/49 | €512,410 | €327,057 | -€185,353 | -36.2% |
| Equity | 10/15 | €295,588 | €231,672 | -€63,916 | -21.6% |
| Reserves | 13 | €295,588 | €231,672 | -€63,916 | -21.6% |
| Distributable reserves | 133 | €295,588 | €231,672 | -€63,916 | -21.6% |
| Amounts payable | 17/49 | €216,822 | €95,384 | -€121,438 | -56.0% |
| Amounts payable within one year | 42/48 | €216,822 | €95,384 | -€121,438 | -56.0% |
| Trade debts | 44 | €90,537 | €15,084 | -€75,453 | -83.3% |
| Suppliers | 440/4 | €90,537 | €15,084 | -€75,453 | -83.3% |
| Taxes, remuneration and social security | 45 | €126,285 | €73,161 | -€53,123 | -42.1% |
| Taxes | 450/3 | €81,256 | €28,482 | -€52,775 | -64.9% |
| Remuneration and social security | 454/9 | €45,029 | €44,680 | -€349 | -0.8% |
| Other amounts payable | 47/48 | - | €7,139 | +€7,139 | |
| Non-recurring operating income | 76A | €661 | - | -€661 | |
| Remuneration, social security and pensions | 62 | €387,794 | €383,542 | -€4,252 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,239 | €16,343 | +€104 | +0.6% |
| Other operating charges | 640/8 | €387 | €722 | +€334 | +86.3% |
| Non-recurring operating charges | 66A | - | €12,310 | +€12,310 | |
| Gross operating margin | 9900 | €554,480 | €452,745 | -€101,735 | -18.3% |
| Operating profit (loss) | 9901 | €150,060 | €39,829 | -€110,231 | -73.5% |
| Financial income | 75/76B | €24,600 | - | -€24,600 | |
| Recurring financial income | 75 | €24,600 | - | -€24,600 | |
| Financial charges | 65/66B | €19,397 | €17,181 | -€2,216 | -11.4% |
| Recurring financial charges | 65 | €19,397 | €17,181 | -€2,216 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €155,263 | €22,647 | -€132,616 | -85.4% |
| Income taxes | 67/77 | €51,426 | €8,155 | -€43,271 | -84.1% |
| Profit (loss) for the period | 9904 | €103,837 | €14,492 | -€89,345 | -86.0% |
| Profit (loss) for the period to be appropriated | 9905 | €103,837 | €14,492 | -€89,345 | -86.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.