Ets DOYEN V.: 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.
Ets DOYEN V.
Largest movements
- Tangible fixed assets -€93,283
down €93,283 (-18.6%), from €500,360 to €407,077
of which Plant, machinery and equipment: -€118,224
- Cash -€11,706
down €11,706 (-4.2%), from €280,657 to €268,951
mainly Debts after one year (-€113,815) and Investment in fixed assets (net) (-€30,382)
- Debts after one year -€113,815
down €113,815 (-27.1%), from €419,766 to €305,951
- Profit (loss) carried forward +€37,449
up €37,449 (+24.6%), from €152,238 to €189,687
- Tax, wage and social debts -€29,344
down €29,344 (-65.9%), from €44,519 to €15,175
- Turnover +€320,899
new in 2025: €320,899
- Purchases and services +€132,029
new in 2025: €132,029
- Gross operating margin -€93,103
down €93,103 (-33.0%), from €281,972 to €188,869
- Depreciation +€34,177
up €34,177 (+38.2%), from €89,488 to €123,665
- Taxes -€19,288
down €19,288 (-67.8%), from €28,433 to €9,145
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 | €781,610 | €676,045 | -€105,565 | -13.5% |
| Fixed assets | 21/28 | €500,360 | €407,077 | -€93,283 | -18.6% |
| Tangible fixed assets | 22/27 | €500,360 | €407,077 | -€93,283 | -18.6% |
| Plant, machinery and equipment | 23 | €498,283 | €380,060 | -€118,224 | -23.7% |
| Furniture and vehicles | 24 | €2,077 | €27,017 | +€24,941 | +1,201% |
| Current assets | 29/58 | €281,250 | €268,968 | -€12,282 | -4.4% |
| Amounts receivable within one year | 40/41 | €3 | €17 | +€14 | +471% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €3 | €17 | +€14 | +471% |
| Cash at bank and in hand | 54/58 | €280,657 | €268,951 | -€11,706 | -4.2% |
| Deferred charges and accrued income | 490/1 | €590 | €0 | -€590 | -100% |
| Total equity and liabilities | 10/49 | €781,610 | €676,045 | -€105,565 | -13.5% |
| Equity | 10/15 | €157,238 | €194,687 | +€37,449 | +23.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,238 | €189,687 | +€37,449 | +24.6% |
| Amounts payable | 17/49 | €624,371 | €481,358 | -€143,014 | -22.9% |
| Amounts payable after more than one year | 17 | €419,766 | €305,951 | -€113,815 | -27.1% |
| Financial debts | 170/4 | €419,766 | €305,951 | -€113,815 | -27.1% |
| Amounts payable within one year | 42/48 | €204,606 | €175,407 | -€29,199 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €109,663 | €113,815 | +€4,152 | +3.8% |
| Trade debts | 44 | €22,747 | €18,740 | -€4,007 | -17.6% |
| Suppliers | 440/4 | €22,747 | €18,740 | -€4,007 | -17.6% |
| Taxes, remuneration and social security | 45 | €44,519 | €15,175 | -€29,344 | -65.9% |
| Taxes | 450/3 | €44,519 | €15,175 | -€29,344 | -65.9% |
| Other amounts payable | 47/48 | €27,676 | €27,676 | = | 0.0% |
| Turnover | 70 | - | €320,899 | +€320,899 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €132,029 | +€132,029 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,488 | €123,665 | +€34,177 | +38.2% |
| Other operating charges | 640/8 | €521 | €620 | +€99 | +18.9% |
| Gross operating margin | 9900 | €281,972 | €188,869 | -€93,103 | -33.0% |
| Operating profit (loss) | 9901 | €191,963 | €64,584 | -€127,379 | -66.4% |
| Financial income | 75/76B | €0 | €1,686 | +€1,686 | |
| Recurring financial income | 75 | €0 | €1,686 | +€1,686 | |
| Financial charges | 65/66B | €11,292 | €19,676 | +€8,384 | +74.2% |
| Recurring financial charges | 65 | €11,292 | €19,676 | +€8,384 | +74.2% |
| Profit (loss) for the period before taxes | 9903 | €180,671 | €46,594 | -€134,077 | -74.2% |
| Income taxes | 67/77 | €28,433 | €9,145 | -€19,288 | -67.8% |
| Profit (loss) for the period | 9904 | €152,238 | €37,449 | -€114,789 | -75.4% |
| Profit (loss) for the period to be appropriated | 9905 | €152,238 | €37,449 | -€114,789 | -75.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.