DUBOTA: what changed
Two fiscal 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.
DUBOTA
Largest movements
- Cash +€39,343
up €39,343 (+21.5%), from €183,276 to €222,619
mainly Net result for the year (+€23,200) and Receivables within one year (+€20,756)
- Receivables within one year -€20,756
down €20,756 (-26.7%), from €77,673 to €56,917
of which Trade receivables: -€19,999
- Profit (loss) carried forward +€26,291
up €26,291 (+3.5%), from €751,993 to €778,284
- Other debts -€14,599
down €14,599 (-12.5%), from €116,743 to €102,144
- Gross operating margin +€16,766
up €16,766 (+17.4%), from €96,534 to €113,300
- Other operating charges +€5,943
up €5,943 (+10.0%), from €59,451 to €65,395
- Write-downs +€2,933
up €2,933, from -€2,933 to €0
- Taxes +€2,155
up €2,155 (+31.2%), from €6,903 to €9,058
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.
Cash bridge derived
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 | €1,189,833 | €1,200,789 | +€10,956 | +0.9% |
| Fixed assets | 21/28 | €925,776 | €919,095 | -€6,681 | -0.7% |
| Tangible fixed assets | 22/27 | €925,776 | €919,095 | -€6,681 | -0.7% |
| Land and buildings | 22 | €925,776 | €919,095 | -€6,681 | -0.7% |
| Current assets | 29/58 | €264,057 | €281,694 | +€17,637 | +6.7% |
| Amounts receivable within one year | 40/41 | €77,673 | €56,917 | -€20,756 | -26.7% |
| Trade receivables | 40 | €70,703 | €50,704 | -€19,999 | -28.3% |
| Other amounts receivable | 41 | €6,970 | €6,213 | -€758 | -10.9% |
| Cash at bank and in hand | 54/58 | €183,276 | €222,619 | +€39,343 | +21.5% |
| Deferred charges and accrued income | 490/1 | €3,108 | €2,159 | -€950 | -30.6% |
| Total equity and liabilities | 10/49 | €1,189,833 | €1,200,789 | +€10,956 | +0.9% |
| Equity | 10/15 | €1,058,668 | €1,081,868 | +€23,200 | +2.2% |
| Contributions | 10/11 | €275,000 | €275,000 | = | 0.0% |
| Capital | 10 | €275,000 | €275,000 | = | 0.0% |
| Issued capital | 100 | €275,000 | €275,000 | = | 0.0% |
| Reserves | 13 | €31,675 | €28,585 | -€3,090 | -9.8% |
| Non-distributable reserves | 130/1 | €27,500 | €27,500 | = | 0.0% |
| Legal reserve | 130 | €27,500 | €27,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,175 | €1,085 | -€3,090 | -74.0% |
| Profit (loss) carried forward | 14 | €751,993 | €778,284 | +€26,291 | +3.5% |
| Provisions and deferred taxes | 16 | €1,392 | €362 | -€1,030 | -74.0% |
| Deferred taxes | 168 | €1,392 | €362 | -€1,030 | -74.0% |
| Amounts payable | 17/49 | €129,773 | €118,559 | -€11,214 | -8.6% |
| Amounts payable within one year | 42/48 | €121,852 | €111,459 | -€10,393 | -8.5% |
| Trade debts | 44 | €5,109 | €9,315 | +€4,206 | +82.3% |
| Suppliers | 440/4 | €5,109 | €9,315 | +€4,206 | +82.3% |
| Other amounts payable | 47/48 | €116,743 | €102,144 | -€14,599 | -12.5% |
| Accrued charges and deferred income | 492/3 | €7,921 | €7,100 | -€821 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,185 | €9,233 | +€1,049 | +12.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,933 | €0 | +€2,933 | |
| Other operating charges | 640/8 | €59,451 | €65,395 | +€5,943 | +10.0% |
| Gross operating margin | 9900 | €96,534 | €113,300 | +€16,766 | +17.4% |
| Operating profit (loss) | 9901 | €31,831 | €38,672 | +€6,841 | +21.5% |
| Financial income | 75/76B | €243 | €50 | -€193 | -79.5% |
| Recurring financial income | 75 | €243 | €50 | -€193 | -79.5% |
| Financial charges | 65/66B | €8,385 | €7,493 | -€892 | -10.6% |
| Recurring financial charges | 65 | €8,385 | €7,493 | -€892 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €23,689 | €31,229 | +€7,539 | +31.8% |
| Transfer from deferred taxes | 780 | €1,030 | €1,030 | = | 0.0% |
| Income taxes | 67/77 | €6,903 | €9,058 | +€2,155 | +31.2% |
| Profit (loss) for the period | 9904 | €17,816 | €23,200 | +€5,384 | +30.2% |
| Transfer from tax-exempt reserves | 789 | €3,090 | €3,090 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,907 | €26,291 | +€5,384 | +25.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.