DubToGrow: 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.
DubToGrow
Largest movements
- Cash -€48,136
down €48,136 (-31.2%), from €154,516 to €106,379
mainly Contributions, distributions and other (-€119,000) and Net result for the year (-€74,262)
- Receivables within one year -€28,999
down €28,999 (-98.7%), from €29,369 to €370
of which Trade receivables: -€28,918
- Tangible fixed assets -€10,639
down €10,639 (-82.4%), from €12,913 to €2,274
- Reserves -€119,000
down €119,000 (-61.6%), from €193,301 to €74,301
- Other debts +€99,767
up €99,767 (+21,674%), from €460 to €100,227
- Profit (loss) carried forward -€74,262
new in 2025: -€74,262
- Tax, wage and social debts +€5,681
up €5,681 (+486%), from €1,168 to €6,849
of which Remuneration and social security: +€6,600
- Gross operating margin -€163,570
down €163,570, from €100,436 to -€63,134
- Taxes -€33,216
down €33,216, from €33,202 to -€14
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 | €197,929 | €110,115 | -€87,814 | -44.4% |
| Fixed assets | 21/28 | €12,913 | €2,274 | -€10,639 | -82.4% |
| Tangible fixed assets | 22/27 | €12,913 | €2,274 | -€10,639 | -82.4% |
| Furniture and vehicles | 24 | €12,913 | €2,274 | -€10,639 | -82.4% |
| Current assets | 29/58 | €185,016 | €107,841 | -€77,175 | -41.7% |
| Amounts receivable within one year | 40/41 | €29,369 | €370 | -€28,999 | -98.7% |
| Trade receivables | 40 | €28,918 | €0 | -€28,918 | -100% |
| Other amounts receivable | 41 | €451 | €370 | -€82 | -18.1% |
| Cash at bank and in hand | 54/58 | €154,516 | €106,379 | -€48,136 | -31.2% |
| Deferred charges and accrued income | 490/1 | €1,131 | €1,092 | -€39 | -3.5% |
| Total equity and liabilities | 10/49 | €197,929 | €110,115 | -€87,814 | -44.4% |
| Equity | 10/15 | €196,301 | €3,038 | -€193,262 | -98.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €193,301 | €74,301 | -€119,000 | -61.6% |
| Distributable reserves | 133 | €193,301 | €74,301 | -€119,000 | -61.6% |
| Profit (loss) carried forward | 14 | - | -€74,262 | -€74,262 | |
| Amounts payable | 17/49 | €1,628 | €107,076 | +€105,448 | +6,476% |
| Amounts payable within one year | 42/48 | €1,628 | €107,076 | +€105,448 | +6,476% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,168 | €6,849 | +€5,681 | +486% |
| Taxes | 450/3 | €1,168 | €249 | -€919 | -78.7% |
| Remuneration and social security | 454/9 | - | €6,600 | +€6,600 | |
| Other amounts payable | 47/48 | €460 | €100,227 | +€99,767 | +21,674% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,639 | €10,639 | = | 0.0% |
| Other operating charges | 640/8 | €64 | €551 | +€487 | +763% |
| Gross operating margin | 9900 | €100,436 | -€63,134 | -€163,570 | |
| Operating profit (loss) | 9901 | €89,733 | -€74,324 | -€164,057 | |
| Financial income | 75/76B | €986 | €49 | -€936 | -95.0% |
| Recurring financial income | 75 | €986 | €49 | -€936 | -95.0% |
| Financial charges | 65/66B | €0 | €1 | +€1 | |
| Recurring financial charges | 65 | €0 | €1 | +€1 | |
| Profit (loss) for the period before taxes | 9903 | €90,719 | -€74,276 | -€164,994 | |
| Income taxes | 67/77 | €33,202 | -€14 | -€33,216 | |
| Profit (loss) for the period | 9904 | €57,516 | -€74,262 | -€131,778 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,516 | -€74,262 | -€131,778 |
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 22 October 2026 via checked.be.