DUBROVNIX: 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.
DUBROVNIX
Largest movements
- Cash +€35,157
up €35,157 (+4,951%), from €710 to €35,867
mainly Net result for the year (+€55,373) and Other debts (+€17,977)
- Receivables within one year +€13,167
up €13,167 (+578%), from €2,280 to €15,447
of which Trade receivables: +€9,830
- Tangible fixed assets +€5,080
up €5,080 (+5,086%), from €100 to €5,180
of which Other tangible fixed assets: +€2,672
- Profit (loss) carried forward +€20,373
up €20,373, from -€19,928 to €445
- Other debts +€17,977
up €17,977 (+99.7%), from €18,038 to €36,015
- Tax, wage and social debts +€11,942
up €11,942 (+65,833%), from €18 to €11,960
- Trade debts +€2,338
up €2,338 (+198%), from €1,182 to €3,521
- Gross operating margin +€71,332
up €71,332, from -€2,065 to €69,267
- Taxes +€10,612
up €10,612 (+58,501%), from €18 to €10,630
- Other operating charges +€758
up €758 (+114%), from €663 to €1,421
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 | €3,311 | €56,494 | +€53,183 | +1,606% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €321 | €5,180 | +€4,858 | +1,513% |
| Intangible fixed assets | 21 | €221 | €0 | -€221 | -100% |
| Tangible fixed assets | 22/27 | €100 | €5,180 | +€5,080 | +5,086% |
| Plant, machinery and equipment | 23 | - | €1,779 | +€1,779 | |
| Furniture and vehicles | 24 | €100 | €728 | +€629 | +629% |
| Other tangible fixed assets | 26 | - | €2,672 | +€2,672 | |
| Current assets | 29/58 | €2,990 | €51,314 | +€48,324 | +1,616% |
| Amounts receivable within one year | 40/41 | €2,280 | €15,447 | +€13,167 | +578% |
| Trade receivables | 40 | €2,117 | €11,947 | +€9,830 | +464% |
| Other amounts receivable | 41 | €162 | €3,500 | +€3,338 | +2,054% |
| Cash at bank and in hand | 54/58 | €710 | €35,867 | +€35,157 | +4,951% |
| Total equity and liabilities | 10/49 | €3,311 | €56,494 | +€53,183 | +1,606% |
| Equity | 10/15 | -€15,928 | €4,445 | +€20,373 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,928 | €445 | +€20,373 | |
| Amounts payable | 17/49 | €19,239 | €52,049 | +€32,810 | +171% |
| Amounts payable within one year | 42/48 | €19,239 | €51,496 | +€32,257 | +168% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,182 | €3,521 | +€2,338 | +198% |
| Suppliers | 440/4 | €1,182 | €3,521 | +€2,338 | +198% |
| Taxes, remuneration and social security | 45 | €18 | €11,960 | +€11,942 | +65,833% |
| Taxes | 450/3 | €18 | €11,960 | +€11,942 | +65,833% |
| Other amounts payable | 47/48 | €18,038 | €36,015 | +€17,977 | +99.7% |
| Accrued charges and deferred income | 492/3 | - | €553 | +€553 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,695 | €1,167 | -€528 | -31.1% |
| Other operating charges | 640/8 | €663 | €1,421 | +€758 | +114% |
| Gross operating margin | 9900 | -€2,065 | €69,267 | +€71,332 | |
| Operating profit (loss) | 9901 | -€4,423 | €66,679 | +€71,102 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €151 | €679 | +€528 | +349% |
| Recurring financial charges | 65 | €151 | €679 | +€528 | +349% |
| Profit (loss) for the period before taxes | 9903 | -€4,575 | €66,003 | +€70,577 | |
| Income taxes | 67/77 | €18 | €10,630 | +€10,612 | +58,501% |
| Profit (loss) for the period | 9904 | -€4,593 | €55,373 | +€59,965 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,593 | €55,373 | +€59,965 |
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.