DUMBO & CO: 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.
DUMBO & CO
Largest movements
- Cash -€86,460
down €86,460 (-70.6%), from €122,548 to €36,088
mainly Investment in fixed assets (net) (-€128,210) and Other debts (-€61,061)
- Tangible fixed assets +€76,473
up €76,473 (+1462.9%), from €5,227 to €81,701
of which Plant, machinery and equipment: +€71,972
- Formation expenses +€30,740
new in 2025: €30,740
- Deferred charges and accrued income +€25,376
up €25,376 (+250.4%), from €10,133 to €35,509
- Receivables within one year +€13,190
up €13,190 (+757.1%), from €1,742 to €14,932
of which Trade receivables: +€13,190
- Other debts -€61,061
down €61,061 (-100.0%), from €61,061 to €0
- Profit (loss) carried forward +€45,946
up €45,946, from €0 to €45,946
- Tax, wage and social debts +€45,791
up €45,791 (+166.3%), from €27,527 to €73,318
of which Remuneration and social security: +€28,763
- Accrued charges and deferred income +€25,112
up €25,112 (+813.3%), from €3,088 to €28,200
- Trade debts +€12,530
up €12,530 (+159.6%), from €7,850 to €20,380
- Gross operating margin +€46,251
up €46,251 (+14.5%), from €318,425 to €364,676
- Staff costs +€45,371
up €45,371 (+18.8%), from €241,057 to €286,428
- Depreciation +€10,945
up €10,945 (+1040.5%), from €1,052 to €11,997
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 | €145,525 | €213,844 | +€68,318 | +46.9% |
| Formation expenses | 20 | - | €30,740 | +€30,740 | |
| Fixed assets | 21/28 | €11,102 | €96,576 | +€85,473 | +769.9% |
| Tangible fixed assets | 22/27 | €5,227 | €81,701 | +€76,473 | +1462.9% |
| Land and buildings | 22 | - | €1,209 | +€1,209 | |
| Plant, machinery and equipment | 23 | - | €71,972 | +€71,972 | |
| Furniture and vehicles | 24 | €1,903 | €1,517 | -€385 | -20.3% |
| Other tangible fixed assets | 26 | €3,325 | €7,002 | +€3,677 | +110.6% |
| Financial fixed assets | 28 | €5,875 | €14,875 | +€9,000 | +153.2% |
| Current assets | 29/58 | €134,423 | €86,528 | -€47,894 | -35.6% |
| Amounts receivable within one year | 40/41 | €1,742 | €14,932 | +€13,190 | +757.1% |
| Trade receivables | 40 | €0 | €13,190 | +€13,190 | |
| Other amounts receivable | 41 | €1,742 | €1,742 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €122,548 | €36,088 | -€86,460 | -70.6% |
| Deferred charges and accrued income | 490/1 | €10,133 | €35,509 | +€25,376 | +250.4% |
| Total equity and liabilities | 10/49 | €145,525 | €213,844 | +€68,318 | +46.9% |
| Equity | 10/15 | €6,000 | €51,946 | +€45,946 | +765.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €45,946 | +€45,946 | |
| Amounts payable | 17/49 | €139,525 | €161,898 | +€22,373 | +16.0% |
| Amounts payable after more than one year | 17 | €40,000 | €40,000 | = | 0.0% |
| Other amounts payable | 178/9 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €96,438 | €93,698 | -€2,739 | -2.8% |
| Trade debts | 44 | €7,850 | €20,380 | +€12,530 | +159.6% |
| Suppliers | 440/4 | €7,850 | €20,380 | +€12,530 | +159.6% |
| Taxes, remuneration and social security | 45 | €27,527 | €73,318 | +€45,791 | +166.3% |
| Taxes | 450/3 | €35 | €17,063 | +€17,028 | +48581.3% |
| Remuneration and social security | 454/9 | €27,492 | €56,255 | +€28,763 | +104.6% |
| Other amounts payable | 47/48 | €61,061 | €0 | -€61,061 | -100.0% |
| Accrued charges and deferred income | 492/3 | €3,088 | €28,200 | +€25,112 | +813.3% |
| Remuneration, social security and pensions | 62 | €241,057 | €286,428 | +€45,371 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,052 | €11,997 | +€10,945 | +1040.5% |
| Other operating charges | 640/8 | €4,180 | €1,685 | -€2,495 | -59.7% |
| Gross operating margin | 9900 | €318,425 | €364,676 | +€46,251 | +14.5% |
| Operating profit (loss) | 9901 | €72,137 | €64,566 | -€7,570 | -10.5% |
| Financial income | 75/76B | €56 | €273 | +€217 | +387.7% |
| Recurring financial income | 75 | €56 | €273 | +€217 | +387.7% |
| Financial charges | 65/66B | €1,057 | €97 | -€960 | -90.8% |
| Recurring financial charges | 65 | €1,057 | €97 | -€960 | -90.8% |
| Profit (loss) for the period before taxes | 9903 | €71,135 | €64,742 | -€6,393 | -9.0% |
| Income taxes | 67/77 | €15,548 | €18,797 | +€3,249 | +20.9% |
| Profit (loss) for the period | 9904 | €55,587 | €45,946 | -€9,641 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,587 | €45,946 | -€9,641 | -17.3% |
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 3 October 2026 via checked.be.