Duif is Dood: 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.
Duif is Dood
Largest movements
- Cash +€182,013
up €182,013 (+13,530%), from €1,345 to €183,359
mainly Current investments (+€157,277) and Net result for the year (+€21,553)
- Current investments -€157,277
no longer reported in 2025 (was €157,277)
- Reserves +€21,553
up €21,553 (+15.4%), from €140,379 to €161,932
of which Distributable reserves: +€21,553
- Tax, wage and social debts +€3,064
up €3,064 (+35.0%), from €8,764 to €11,827
- Taxes +€3,289
up €3,289 (+47.1%), from €6,988 to €10,277
- Gross operating margin +€1,460
up €1,460 (+4.7%), from €31,190 to €32,650
- Other operating charges +€347
up €347 (+60.0%), from €578 to €925
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 | €162,111 | €186,159 | +€24,049 | +14.8% |
| Fixed assets | 21/28 | €1,003 | €1,639 | +€635 | +63.3% |
| Tangible fixed assets | 22/27 | €1,003 | €1,639 | +€635 | +63.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €1,003 | €1,639 | +€635 | +63.3% |
| Current assets | 29/58 | €161,107 | €184,521 | +€23,413 | +14.5% |
| Amounts receivable within one year | 40/41 | €1,927 | €593 | -€1,334 | -69.2% |
| Trade receivables | 40 | €1,927 | €547 | -€1,381 | -71.6% |
| Other amounts receivable | 41 | - | €46 | +€46 | |
| Current investments | 50/53 | €157,277 | - | -€157,277 | |
| Cash at bank and in hand | 54/58 | €1,345 | €183,359 | +€182,013 | +13,530% |
| Deferred charges and accrued income | 490/1 | €558 | €570 | +€11 | +2.1% |
| Total equity and liabilities | 10/49 | €162,111 | €186,159 | +€24,049 | +14.8% |
| Equity | 10/15 | €152,779 | €174,332 | +€21,553 | +14.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €140,379 | €161,932 | +€21,553 | +15.4% |
| Tax-exempt reserves | 132 | €63,808 | €63,808 | = | 0.0% |
| Distributable reserves | 133 | €76,571 | €98,124 | +€21,553 | +28.1% |
| Amounts payable | 17/49 | €9,332 | €11,827 | +€2,495 | +26.7% |
| Amounts payable within one year | 42/48 | €9,332 | €11,827 | +€2,495 | +26.7% |
| Trade debts | 44 | €192 | - | -€192 | |
| Suppliers | 440/4 | €192 | - | -€192 | |
| Taxes, remuneration and social security | 45 | €8,764 | €11,827 | +€3,064 | +35.0% |
| Taxes | 450/3 | €8,764 | €11,827 | +€3,064 | +35.0% |
| Other amounts payable | 47/48 | €376 | - | -€376 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €559 | €590 | +€31 | +5.5% |
| Other operating charges | 640/8 | €578 | €925 | +€347 | +60.0% |
| Gross operating margin | 9900 | €31,190 | €32,650 | +€1,460 | +4.7% |
| Operating profit (loss) | 9901 | €30,053 | €31,135 | +€1,083 | +3.6% |
| Financial income | 75/76B | €765 | €960 | +€195 | +25.5% |
| Recurring financial income | 75 | €765 | €960 | +€195 | +25.5% |
| Financial charges | 65/66B | €167 | €264 | +€98 | +58.4% |
| Recurring financial charges | 65 | €167 | €264 | +€98 | +58.4% |
| Profit (loss) for the period before taxes | 9903 | €30,651 | €31,831 | +€1,180 | +3.9% |
| Income taxes | 67/77 | €6,988 | €10,277 | +€3,289 | +47.1% |
| Profit (loss) for the period | 9904 | €23,662 | €21,553 | -€2,109 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,662 | €21,553 | -€2,109 | -8.9% |
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 26 October 2026 via checked.be.