DUBOIS Luc: 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 Luc
Largest movements
- Receivables within one year +€3,485
up €3,485 (+358%), from €972 to €4,457
- Tangible fixed assets +€1,595
new in 2025: €1,595
- Cash -€561
down €561 (-95.9%), from €585 to €24
mainly Net result for the year (-€24,403) and Receivables within one year (-€3,485)
- Other debts +€30,267
up €30,267 (+37.2%), from €81,413 to €111,679
- Profit (loss) carried forward -€24,403
down €24,403 (-23.2%), from -€105,242 to -€129,645
- Trade debts -€1,335
down €1,335 (-56.8%), from €2,350 to €1,015
- Gross operating margin -€9,966
down €9,966 (-74.2%), from -€13,440 to -€23,406
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 | €2,194 | €6,723 | +€4,529 | +206% |
| Fixed assets | 21/28 | - | €1,595 | +€1,595 | |
| Tangible fixed assets | 22/27 | - | €1,595 | +€1,595 | |
| Plant, machinery and equipment | 23 | - | €1,595 | +€1,595 | |
| Current assets | 29/58 | €2,194 | €5,129 | +€2,934 | +134% |
| Amounts receivable within one year | 40/41 | €972 | €4,457 | +€3,485 | +358% |
| Other amounts receivable | 41 | €972 | €4,457 | +€3,485 | +358% |
| Cash at bank and in hand | 54/58 | €585 | €24 | -€561 | -95.9% |
| Deferred charges and accrued income | 490/1 | €637 | €648 | +€11 | +1.7% |
| Total equity and liabilities | 10/49 | €2,194 | €6,723 | +€4,529 | +206% |
| Equity | 10/15 | -€81,568 | -€105,971 | -€24,403 | -29.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3,674 | €3,674 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €1,674 | €1,674 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,242 | -€129,645 | -€24,403 | -23.2% |
| Amounts payable | 17/49 | €83,763 | €112,695 | +€28,932 | +34.5% |
| Amounts payable within one year | 42/48 | €83,763 | €112,695 | +€28,932 | +34.5% |
| Trade debts | 44 | €2,350 | €1,015 | -€1,335 | -56.8% |
| Suppliers | 440/4 | €2,350 | €1,015 | -€1,335 | -56.8% |
| Other amounts payable | 47/48 | €81,413 | €111,679 | +€30,267 | +37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €292 | €188 | -€104 | -35.6% |
| Other operating charges | 640/8 | €592 | €810 | +€218 | +36.8% |
| Gross operating margin | 9900 | -€13,440 | -€23,406 | -€9,966 | -74.2% |
| Operating profit (loss) | 9901 | -€14,323 | -€24,403 | -€10,080 | -70.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | - | €0 | +€0 | |
| Recurring financial charges | 65 | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | -€14,323 | -€24,403 | -€10,080 | -70.4% |
| Profit (loss) for the period | 9904 | -€14,323 | -€24,403 | -€10,080 | -70.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,323 | -€24,403 | -€10,080 | -70.4% |
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 20 October 2026 via checked.be.