DUBOIS 43: 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.
DUBOIS 43
Largest movements
- Tangible fixed assets +€34,876
up €34,876 (+468%), from €7,458 to €42,334
of which Furniture and vehicles: +€36,645
- Cash -€19,257
down €19,257 (-61.3%), from €31,403 to €12,146
mainly Investment in fixed assets (net) (-€41,636) and Receivables within one year (-€7,244)
- Receivables within one year +€7,244
up €7,244 (+75.6%), from €9,576 to €16,820
of which Trade receivables: +€7,190
- Deferred charges and accrued income +€838
up €838 (+81.4%), from €1,030 to €1,868
- Reserves +€16,079
up €16,079 (+190%), from €8,462 to €24,541
- Tax, wage and social debts +€4,996
up €4,996 (+129%), from €3,883 to €8,879
of which Taxes: +€4,208
- Other debts +€3,163
up €3,163 (+12.2%), from €26,003 to €29,166
- Gross operating margin +€31,509
up €31,509 (+114%), from €27,542 to €59,051
- Staff costs +€11,401
up €11,401 (+79.2%), from €14,392 to €25,793
- Taxes +€5,844
up €5,844 (+459%), from €1,274 to €7,118
- Depreciation +€2,839
up €2,839 (+72.4%), from €3,921 to €6,760
- Other operating charges -€2,730
down €2,730 (-60.1%), from €4,543 to €1,814
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 | €49,467 | €73,167 | +€23,701 | +47.9% |
| Fixed assets | 21/28 | €7,458 | €42,334 | +€34,876 | +468% |
| Tangible fixed assets | 22/27 | €7,458 | €42,334 | +€34,876 | +468% |
| Plant, machinery and equipment | 23 | €1,551 | €2,514 | +€962 | +62.0% |
| Furniture and vehicles | 24 | €38 | €36,683 | +€36,645 | +97,254% |
| Other tangible fixed assets | 26 | €5,869 | €3,137 | -€2,732 | -46.6% |
| Current assets | 29/58 | €42,009 | €30,833 | -€11,175 | -26.6% |
| Amounts receivable within one year | 40/41 | €9,576 | €16,820 | +€7,244 | +75.6% |
| Trade receivables | 40 | €9,576 | €16,766 | +€7,190 | +75.1% |
| Other amounts receivable | 41 | - | €54 | +€54 | |
| Cash at bank and in hand | 54/58 | €31,403 | €12,146 | -€19,257 | -61.3% |
| Deferred charges and accrued income | 490/1 | €1,030 | €1,868 | +€838 | +81.4% |
| Total equity and liabilities | 10/49 | €49,467 | €73,167 | +€23,701 | +47.9% |
| Equity | 10/15 | €18,462 | €34,541 | +€16,079 | +87.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €8,462 | €24,541 | +€16,079 | +190% |
| Distributable reserves | 133 | €8,462 | €24,541 | +€16,079 | +190% |
| Amounts payable | 17/49 | €31,005 | €38,627 | +€7,622 | +24.6% |
| Amounts payable within one year | 42/48 | €31,005 | €38,627 | +€7,622 | +24.6% |
| Trade debts | 44 | €1,019 | €581 | -€438 | -43.0% |
| Suppliers | 440/4 | €1,019 | €581 | -€438 | -43.0% |
| Advances received on contracts in progress | 46 | €100 | €0 | -€100 | -100% |
| Taxes, remuneration and social security | 45 | €3,883 | €8,879 | +€4,996 | +129% |
| Taxes | 450/3 | €3,883 | €8,091 | +€4,208 | +108% |
| Remuneration and social security | 454/9 | - | €788 | +€788 | |
| Other amounts payable | 47/48 | €26,003 | €29,166 | +€3,163 | +12.2% |
| Remuneration, social security and pensions | 62 | €14,392 | €25,793 | +€11,401 | +79.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,921 | €6,760 | +€2,839 | +72.4% |
| Other operating charges | 640/8 | €4,543 | €1,814 | -€2,730 | -60.1% |
| Gross operating margin | 9900 | €27,542 | €59,051 | +€31,509 | +114% |
| Operating profit (loss) | 9901 | €4,685 | €24,684 | +€19,999 | +427% |
| Financial income | 75/76B | €25 | €158 | +€132 | +524% |
| Recurring financial income | 75 | €25 | €158 | +€132 | +524% |
| Financial charges | 65/66B | €2,698 | €1,644 | -€1,053 | -39.0% |
| Recurring financial charges | 65 | €2,698 | €1,644 | -€1,053 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €2,013 | €23,197 | +€21,185 | +1,052% |
| Income taxes | 67/77 | €1,274 | €7,118 | +€5,844 | +459% |
| Profit (loss) for the period | 9904 | €738 | €16,079 | +€15,341 | +2,078% |
| Profit (loss) for the period to be appropriated | 9905 | €738 | €16,079 | +€15,341 | +2,078% |
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 28 October 2026 via checked.be.