DUBRAY BOIS: 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.
DUBRAY BOIS
Largest movements
- Cash +€15,926
up €15,926 (+47.5%), from €33,548 to €49,475
mainly Trade debts (+€9,678) and Net result for the year (+€3,973)
- Deferred charges and accrued income -€1,867
down €1,867 (-97.7%), from €1,912 to €44
- Profit (loss) carried forward +€68,502
no longer reported in 2025 (was -€68,502)
- Reserves -€64,530
down €64,530 (-69.1%), from €93,351 to €28,821
of which Distributable reserves: -€64,530
- Trade debts +€9,678
up €9,678 (+112%), from €8,641 to €18,319
- Other debts +€3,361
up €3,361 (+1,223%), from €275 to €3,636
- Tax, wage and social debts -€2,915
down €2,915 (-18.3%), from €15,934 to €13,019
of which Remuneration and social security: -€3,073
- Gross operating margin +€18,563
up €18,563 (+34.5%), from €53,822 to €72,385
- Staff costs +€3,358
up €3,358 (+5.3%), from €63,922 to €67,279
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 | €86,898 | €101,007 | +€14,108 | +16.2% |
| Current assets | 29/58 | €86,898 | €101,007 | +€14,108 | +16.2% |
| Amounts receivable within one year | 40/41 | €51,438 | €51,488 | +€50 | +0.1% |
| Trade receivables | 40 | €39,704 | €39,753 | +€50 | +0.1% |
| Other amounts receivable | 41 | €11,735 | €11,735 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €33,548 | €49,475 | +€15,926 | +47.5% |
| Deferred charges and accrued income | 490/1 | €1,912 | €44 | -€1,867 | -97.7% |
| Total equity and liabilities | 10/49 | €86,898 | €101,007 | +€14,108 | +16.2% |
| Equity | 10/15 | €62,049 | €66,021 | +€3,973 | +6.4% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €93,351 | €28,821 | -€64,530 | -69.1% |
| Non-distributable reserves | 130/1 | €3,720 | €3,720 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,720 | €3,720 | = | 0.0% |
| Distributable reserves | 133 | €89,631 | €25,101 | -€64,530 | -72.0% |
| Profit (loss) carried forward | 14 | -€68,502 | - | +€68,502 | |
| Amounts payable | 17/49 | €24,850 | €34,985 | +€10,136 | +40.8% |
| Amounts payable within one year | 42/48 | €24,850 | €34,974 | +€10,124 | +40.7% |
| Trade debts | 44 | €8,641 | €18,319 | +€9,678 | +112% |
| Suppliers | 440/4 | €8,641 | €18,319 | +€9,678 | +112% |
| Taxes, remuneration and social security | 45 | €15,934 | €13,019 | -€2,915 | -18.3% |
| Taxes | 450/3 | €4,873 | €5,032 | +€159 | +3.3% |
| Remuneration and social security | 454/9 | €11,060 | €7,987 | -€3,073 | -27.8% |
| Other amounts payable | 47/48 | €275 | €3,636 | +€3,361 | +1,223% |
| Accrued charges and deferred income | 492/3 | - | €12 | +€12 | |
| Remuneration, social security and pensions | 62 | €63,922 | €67,279 | +€3,358 | +5.3% |
| Other operating charges | 640/8 | €528 | €545 | +€17 | +3.2% |
| Gross operating margin | 9900 | €53,822 | €72,385 | +€18,563 | +34.5% |
| Operating profit (loss) | 9901 | -€10,628 | €4,560 | +€15,188 | |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €78 | €588 | +€510 | +656% |
| Recurring financial charges | 65 | €78 | €588 | +€510 | +656% |
| Profit (loss) for the period before taxes | 9903 | -€10,697 | €3,973 | +€14,669 | |
| Profit (loss) for the period | 9904 | -€10,697 | €3,973 | +€14,669 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,697 | €3,973 | +€14,669 |
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.