Dubo Pass: 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.
Dubo Pass
Largest movements
- Tangible fixed assets -€33,177
down €33,177 (-15.1%), from €219,356 to €186,179
of which Furniture and vehicles: -€18,454
- Cash -€8,345
down €8,345 (-35.7%), from €23,353 to €15,008
mainly Net result for the year (-€32,551) and Debts after one year (-€12,815)
- Profit (loss) carried forward -€32,551
down €32,551 (-239%), from -€13,617 to -€46,167
- Debts after one year -€12,815
down €12,815 (-64.4%), from €19,898 to €7,083
- Gross operating margin -€15,368
down €15,368 (-79.6%), from €19,312 to €3,944
- Depreciation +€2,685
up €2,685 (+8.5%), from €31,443 to €34,129
- Other operating charges +€1,157
up €1,157 (+1,866%), from €62 to €1,219
- Financial income +€242
up €242 (+55.1%), from €440 to €683
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 | €261,773 | €216,203 | -€45,571 | -17.4% |
| Fixed assets | 21/28 | €219,381 | €186,179 | -€33,202 | -15.1% |
| Intangible fixed assets | 21 | €25 | - | -€25 | |
| Tangible fixed assets | 22/27 | €219,356 | €186,179 | -€33,177 | -15.1% |
| Land and buildings | 22 | €137,822 | €130,312 | -€7,510 | -5.4% |
| Plant, machinery and equipment | 23 | €16,575 | €9,361 | -€7,214 | -43.5% |
| Furniture and vehicles | 24 | €64,960 | €46,506 | -€18,454 | -28.4% |
| Current assets | 29/58 | €42,392 | €30,024 | -€12,368 | -29.2% |
| Amounts receivable within one year | 40/41 | €17,379 | €15,016 | -€2,363 | -13.6% |
| Trade receivables | 40 | €8,037 | €5,787 | -€2,250 | -28.0% |
| Other amounts receivable | 41 | €9,342 | €9,229 | -€113 | -1.2% |
| Cash at bank and in hand | 54/58 | €23,353 | €15,008 | -€8,345 | -35.7% |
| Deferred charges and accrued income | 490/1 | €1,661 | - | -€1,661 | |
| Total equity and liabilities | 10/49 | €261,773 | €216,203 | -€45,571 | -17.4% |
| Equity | 10/15 | €226,618 | €194,067 | -€32,551 | -14.4% |
| Contributions | 10/11 | €44,931 | €44,931 | = | 0.0% |
| Capital | 10 | €44,931 | €44,931 | = | 0.0% |
| Issued capital | 100 | €68,171 | €68,171 | = | 0.0% |
| Uncalled capital | 101 | €23,240 | €23,240 | = | 0.0% |
| Revaluation surpluses | 12 | €157,808 | €157,808 | = | 0.0% |
| Reserves | 13 | €37,496 | €37,496 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,817 | €6,817 | = | 0.0% |
| Legal reserve | 130 | €6,817 | €6,817 | = | 0.0% |
| Distributable reserves | 133 | €30,679 | €30,679 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,617 | -€46,167 | -€32,551 | -239% |
| Amounts payable | 17/49 | €35,155 | €22,135 | -€13,020 | -37.0% |
| Amounts payable after more than one year | 17 | €19,898 | €7,083 | -€12,815 | -64.4% |
| Financial debts | 170/4 | €19,898 | €7,083 | -€12,815 | -64.4% |
| Amounts payable within one year | 42/48 | €15,257 | €15,052 | -€205 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €12,190 | €12,815 | +€625 | +5.1% |
| Trade debts | 44 | - | €1,161 | +€1,161 | |
| Suppliers | 440/4 | - | €1,161 | +€1,161 | |
| Taxes, remuneration and social security | 45 | €3,068 | €1,076 | -€1,991 | -64.9% |
| Taxes | 450/3 | €3,068 | €1,076 | -€1,991 | -64.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,443 | €34,129 | +€2,685 | +8.5% |
| Other operating charges | 640/8 | €62 | €1,219 | +€1,157 | +1,866% |
| Gross operating margin | 9900 | €19,312 | €3,944 | -€15,368 | -79.6% |
| Operating profit (loss) | 9901 | -€12,193 | -€31,403 | -€19,210 | -158% |
| Financial income | 75/76B | €440 | €683 | +€242 | +55.1% |
| Recurring financial income | 75 | €440 | €683 | +€242 | +55.1% |
| Financial charges | 65/66B | €1,647 | €1,517 | -€130 | -7.9% |
| Recurring financial charges | 65 | €1,647 | €1,517 | -€130 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,401 | -€32,238 | -€18,837 | -141% |
| Income taxes | 67/77 | €216 | €313 | +€97 | +44.8% |
| Profit (loss) for the period | 9904 | -€13,617 | -€32,551 | -€18,934 | -139% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,617 | -€32,551 | -€18,934 | -139% |
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 16 October 2026 via checked.be.