DUMOULIN ROBRECHT: 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.
DUMOULIN ROBRECHT
Largest movements
- Current investments +€58,794
new in 2025: €58,794
- Stocks and contracts +€38,645
up €38,645 (+448%), from €8,623 to €47,268
of which Contracts in progress: +€37,577
- Tangible fixed assets -€12,468
down €12,468 (-11.4%), from €109,264 to €96,796
of which Land and buildings: -€8,975
- Cash -€8,300
down €8,300 (-12.7%), from €65,287 to €56,987
mainly Current investments (-€58,794) and Stocks and contracts (-€38,645)
- Trade debts +€33,931
up €33,931 (+72.0%), from €47,114 to €81,045
- Tax, wage and social debts +€24,544
up €24,544 (+107%), from €22,864 to €47,408
of which Taxes: +€24,537
- Reserves +€24,500
up €24,500 (+13.4%), from €183,000 to €207,500
- Other debts -€3,852
down €3,852 (-18.3%), from €21,068 to €17,216
- Gross operating margin -€22,495
down €22,495 (-30.9%), from €72,742 to €50,247
- Taxes -€6,245
down €6,245 (-38.6%), from €16,157 to €9,913
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 | €283,142 | €362,307 | +€79,165 | +28.0% |
| Fixed assets | 21/28 | €109,264 | €96,796 | -€12,468 | -11.4% |
| Tangible fixed assets | 22/27 | €109,264 | €96,796 | -€12,468 | -11.4% |
| Land and buildings | 22 | €92,927 | €83,952 | -€8,975 | -9.7% |
| Plant, machinery and equipment | 23 | €10,204 | €8,723 | -€1,481 | -14.5% |
| Furniture and vehicles | 24 | €6,133 | €4,121 | -€2,013 | -32.8% |
| Current assets | 29/58 | €173,878 | €265,511 | +€91,634 | +52.7% |
| Stocks and contracts in progress | 3 | €8,623 | €47,268 | +€38,645 | +448% |
| Stocks | 30/36 | €3,776 | €4,844 | +€1,068 | +28.3% |
| Contracts in progress | 37 | €4,847 | €42,424 | +€37,577 | +775% |
| Amounts receivable within one year | 40/41 | €96,798 | €99,248 | +€2,450 | +2.5% |
| Trade receivables | 40 | €96,005 | €99,006 | +€3,001 | +3.1% |
| Other amounts receivable | 41 | €793 | €243 | -€551 | -69.4% |
| Current investments | 50/53 | - | €58,794 | +€58,794 | |
| Cash at bank and in hand | 54/58 | €65,287 | €56,987 | -€8,300 | -12.7% |
| Deferred charges and accrued income | 490/1 | €3,170 | €3,214 | +€44 | +1.4% |
| Total equity and liabilities | 10/49 | €283,142 | €362,307 | +€79,165 | +28.0% |
| Equity | 10/15 | €192,095 | €216,638 | +€24,543 | +12.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €183,000 | €207,500 | +€24,500 | +13.4% |
| Distributable reserves | 133 | €183,000 | €207,500 | +€24,500 | +13.4% |
| Profit (loss) carried forward | 14 | €2,895 | €2,938 | +€43 | +1.5% |
| Amounts payable | 17/49 | €91,047 | €145,669 | +€54,622 | +60.0% |
| Amounts payable within one year | 42/48 | €91,047 | €145,669 | +€54,622 | +60.0% |
| Trade debts | 44 | €47,114 | €81,045 | +€33,931 | +72.0% |
| Suppliers | 440/4 | €47,114 | €81,045 | +€33,931 | +72.0% |
| Taxes, remuneration and social security | 45 | €22,864 | €47,408 | +€24,544 | +107% |
| Taxes | 450/3 | €20,032 | €44,568 | +€24,537 | +122% |
| Remuneration and social security | 454/9 | €2,833 | €2,840 | +€7 | +0.2% |
| Other amounts payable | 47/48 | €21,068 | €17,216 | -€3,852 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,079 | €13,738 | +€659 | +5.0% |
| Other operating charges | 640/8 | €1,237 | €1,295 | +€58 | +4.7% |
| Gross operating margin | 9900 | €72,742 | €50,247 | -€22,495 | -30.9% |
| Operating profit (loss) | 9901 | €58,426 | €35,214 | -€23,212 | -39.7% |
| Financial income | 75/76B | €1,361 | €938 | -€423 | -31.1% |
| Recurring financial income | 75 | €1,361 | €938 | -€423 | -31.1% |
| Financial charges | 65/66B | €1,640 | €1,696 | +€56 | +3.4% |
| Recurring financial charges | 65 | €1,640 | €1,696 | +€56 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €58,147 | €34,456 | -€23,691 | -40.7% |
| Income taxes | 67/77 | €16,157 | €9,913 | -€6,245 | -38.6% |
| Profit (loss) for the period | 9904 | €41,990 | €24,543 | -€17,447 | -41.6% |
| Profit (loss) for the period to be appropriated | 9905 | €41,990 | €24,543 | -€17,447 | -41.6% |
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.