DUBOIS TRC: 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 TRC
Largest movements
- Cash +€300,650
up €300,650 (+22.5%), from €1.3m to €1.6m
mainly Net result for the year (+€112,754) and Depreciation (+€83,721)
- Tangible fixed assets -€83,721
down €83,721 (-5.0%), from €1.7m to €1.6m
of which Land and buildings: -€82,061
- Reserves +€112,754
up €112,754 (+9.4%), from €1.2m to €1.3m
of which Distributable reserves: +€112,135
- Tax, wage and social debts +€47,093
up €47,093 (+3,638%), from €1,295 to €48,388
- Other debts +€42,666
up €42,666 (+7.3%), from €587,742 to €630,408
- Financial income +€121,338
up €121,338 (+123%), from €98,324 to €219,662
- Taxes +€52,562
up €52,562 (+1,301%), from €4,041 to €56,603
- Financial charges -€10,190
down €10,190 (-10.8%), from €94,150 to €83,960
- Gross operating margin +€4,302
up €4,302 (+3.4%), from €127,141 to €131,443
- Other operating charges +€2,939
up €2,939 (+21.2%), from €13,848 to €16,787
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 | €3,066,567 | €3,257,985 | +€191,417 | +6.2% |
| Fixed assets | 21/28 | €1,691,168 | €1,607,447 | -€83,721 | -5.0% |
| Tangible fixed assets | 22/27 | €1,691,143 | €1,607,423 | -€83,721 | -5.0% |
| Land and buildings | 22 | €1,684,402 | €1,602,342 | -€82,061 | -4.9% |
| Plant, machinery and equipment | 23 | €5,605 | €4,405 | -€1,199 | -21.4% |
| Furniture and vehicles | 24 | €1,136 | €676 | -€461 | -40.5% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €1,375,399 | €1,650,537 | +€275,138 | +20.0% |
| Amounts receivable within one year | 40/41 | €28,767 | €14,739 | -€14,027 | -48.8% |
| Trade receivables | 40 | €6,201 | €4,036 | -€2,165 | -34.9% |
| Other amounts receivable | 41 | €22,565 | €10,703 | -€11,862 | -52.6% |
| Cash at bank and in hand | 54/58 | €1,335,148 | €1,635,798 | +€300,650 | +22.5% |
| Deferred charges and accrued income | 490/1 | €11,485 | - | -€11,485 | |
| Total equity and liabilities | 10/49 | €3,066,567 | €3,257,985 | +€191,417 | +6.2% |
| Equity | 10/15 | €1,670,591 | €1,783,345 | +€112,754 | +6.7% |
| Contributions | 10/11 | €465,000 | €465,000 | = | 0.0% |
| Capital | 10 | €465,000 | €465,000 | = | 0.0% |
| Issued capital | 100 | €465,000 | €465,000 | = | 0.0% |
| Reserves | 13 | €1,205,591 | €1,318,345 | +€112,754 | +9.4% |
| Non-distributable reserves | 130/1 | €40,331 | €46,232 | +€5,902 | +14.6% |
| Legal reserve | 130 | €17,099 | €23,000 | +€5,902 | +34.5% |
| Reserves not available under the articles | 1311 | €23,232 | €23,232 | = | 0.0% |
| Tax-exempt reserves | 132 | €147,113 | €141,831 | -€5,283 | -3.6% |
| Distributable reserves | 133 | €1,018,147 | €1,130,282 | +€112,135 | +11.0% |
| Provisions and deferred taxes | 16 | €36,721 | €34,001 | -€2,720 | -7.4% |
| Deferred taxes | 168 | €36,721 | €34,001 | -€2,720 | -7.4% |
| Amounts payable | 17/49 | €1,359,255 | €1,440,638 | +€81,383 | +6.0% |
| Amounts payable after more than one year | 17 | €702,631 | €702,631 | = | 0.0% |
| Other amounts payable | 178/9 | €702,631 | €702,631 | = | 0.0% |
| Amounts payable within one year | 42/48 | €598,401 | €688,261 | +€89,860 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €9,365 | €9,465 | +€100 | +1.1% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €1,295 | €48,388 | +€47,093 | +3,638% |
| Taxes | 450/3 | €1,295 | €48,388 | +€47,093 | +3,638% |
| Other amounts payable | 47/48 | €587,742 | €630,408 | +€42,666 | +7.3% |
| Accrued charges and deferred income | 492/3 | €58,223 | €49,746 | -€8,476 | -14.6% |
| Remuneration, social security and pensions | 62 | €130 | €0 | -€130 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,607 | €83,721 | +€1,114 | +1.3% |
| Other operating charges | 640/8 | €13,848 | €16,787 | +€2,939 | +21.2% |
| Gross operating margin | 9900 | €127,141 | €131,443 | +€4,302 | +3.4% |
| Operating profit (loss) | 9901 | €30,556 | €30,935 | +€379 | +1.2% |
| Financial income | 75/76B | €98,324 | €219,662 | +€121,338 | +123% |
| Recurring financial income | 75 | €98,324 | €219,662 | +€121,338 | +123% |
| Financial charges | 65/66B | €94,150 | €83,960 | -€10,190 | -10.8% |
| Recurring financial charges | 65 | €94,150 | €83,960 | -€10,190 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €34,731 | €166,637 | +€131,907 | +380% |
| Transfer from deferred taxes | 780 | €2,586 | €2,720 | +€135 | +5.2% |
| Income taxes | 67/77 | €4,041 | €56,603 | +€52,562 | +1,301% |
| Profit (loss) for the period | 9904 | €33,276 | €112,754 | +€79,479 | +239% |
| Transfer from tax-exempt reserves | 789 | €5,021 | €5,283 | +€261 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,297 | €118,037 | +€79,740 | +208% |
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 30 October 2026 via checked.be.