Ets DUBOIS: 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 DUBOIS
Largest movements
- Receivables within one year -€24,340
down €24,340 (-18.4%), from €132,338 to €107,998
of which Other amounts receivable: -€15,452
- Tangible fixed assets -€18,848
down €18,848 (-8.5%), from €220,665 to €201,818
of which Land and buildings: -€12,160
- Cash +€11,769
up €11,769 (+128%), from €9,203 to €20,971
mainly Receivables within one year (+€24,340) and Depreciation (+€18,868)
- Debts after one year -€24,262
down €24,262 (-12.1%), from €201,313 to €177,051
- Trade debts +€13,545
up €13,545 (+114%), from €11,889 to €25,434
- Short-term financial debts -€12,249
down €12,249 (-24.7%), from €49,675 to €37,426
- Current portion of long-term debt -€7,119
down €7,119 (-23.4%), from €30,374 to €23,255
- Profit (loss) carried forward +€6,062
up €6,062 (+24.7%), from €24,563 to €30,625
- Depreciation +€3,465
up €3,465 (+22.5%), from €15,403 to €18,868
- Staff costs -€3,040
down €3,040 (-7.7%), from €39,501 to €36,461
- Financial charges +€2,051
up €2,051 (+18.2%), from €11,240 to €13,291
- Other operating charges -€974
down €974 (-30.9%), from €3,147 to €2,173
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 | €368,906 | €336,604 | -€32,302 | -8.8% |
| Fixed assets | 21/28 | €220,725 | €201,878 | -€18,848 | -8.5% |
| Tangible fixed assets | 22/27 | €220,665 | €201,818 | -€18,848 | -8.5% |
| Land and buildings | 22 | €196,720 | €184,560 | -€12,160 | -6.2% |
| Plant, machinery and equipment | 23 | €5,360 | €2,453 | -€2,908 | -54.2% |
| Other tangible fixed assets | 26 | €18,585 | €14,805 | -€3,780 | -20.3% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €148,180 | €134,726 | -€13,454 | -9.1% |
| Stocks and contracts in progress | 3 | €5,457 | €4,786 | -€671 | -12.3% |
| Stocks | 30/36 | €5,457 | €4,786 | -€671 | -12.3% |
| Amounts receivable within one year | 40/41 | €132,338 | €107,998 | -€24,340 | -18.4% |
| Trade receivables | 40 | €24,944 | €16,056 | -€8,888 | -35.6% |
| Other amounts receivable | 41 | €107,394 | €91,941 | -€15,452 | -14.4% |
| Cash at bank and in hand | 54/58 | €9,203 | €20,971 | +€11,769 | +128% |
| Deferred charges and accrued income | 490/1 | €1,183 | €972 | -€211 | -17.9% |
| Total equity and liabilities | 10/49 | €368,906 | €336,604 | -€32,302 | -8.8% |
| Equity | 10/15 | €49,131 | €55,193 | +€6,062 | +12.3% |
| Contributions | 10/11 | €22,592 | €22,592 | = | 0.0% |
| Capital | 10 | €22,592 | €22,592 | = | 0.0% |
| Issued capital | 100 | €22,592 | €22,592 | = | 0.0% |
| Reserves | 13 | €1,976 | €1,976 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,976 | €1,976 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,976 | €1,976 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,563 | €30,625 | +€6,062 | +24.7% |
| Amounts payable | 17/49 | €319,775 | €281,412 | -€38,364 | -12.0% |
| Amounts payable after more than one year | 17 | €201,313 | €177,051 | -€24,262 | -12.1% |
| Financial debts | 170/4 | €201,313 | €177,051 | -€24,262 | -12.1% |
| Amounts payable within one year | 42/48 | €118,462 | €104,361 | -€14,102 | -11.9% |
| Current portion of amounts payable after more than one year | 42 | €30,374 | €23,255 | -€7,119 | -23.4% |
| Financial debts | 43 | €49,675 | €37,426 | -€12,249 | -24.7% |
| Credit institutions | 430/8 | €49,675 | €37,426 | -€12,249 | -24.7% |
| Trade debts | 44 | €11,889 | €25,434 | +€13,545 | +114% |
| Suppliers | 440/4 | €11,889 | €25,434 | +€13,545 | +114% |
| Taxes, remuneration and social security | 45 | €20,238 | €15,099 | -€5,139 | -25.4% |
| Taxes | 450/3 | €7,523 | €6,926 | -€597 | -7.9% |
| Remuneration and social security | 454/9 | €12,715 | €8,174 | -€4,542 | -35.7% |
| Other amounts payable | 47/48 | €6,286 | €3,146 | -€3,139 | -49.9% |
| Remuneration, social security and pensions | 62 | €39,501 | €36,461 | -€3,040 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,403 | €18,868 | +€3,465 | +22.5% |
| Other operating charges | 640/8 | €3,147 | €2,173 | -€974 | -30.9% |
| Gross operating margin | 9900 | €77,001 | €77,432 | +€431 | +0.6% |
| Operating profit (loss) | 9901 | €18,950 | €19,930 | +€980 | +5.2% |
| Financial income | 75/76B | €1,985 | €1,229 | -€756 | -38.1% |
| Recurring financial income | 75 | €1,985 | €1,229 | -€756 | -38.1% |
| Financial charges | 65/66B | €11,240 | €13,291 | +€2,051 | +18.2% |
| Recurring financial charges | 65 | €11,240 | €13,291 | +€2,051 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | €9,695 | €7,868 | -€1,827 | -18.8% |
| Income taxes | 67/77 | €1,680 | €1,806 | +€126 | +7.5% |
| Profit (loss) for the period | 9904 | €8,015 | €6,062 | -€1,953 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,015 | €6,062 | -€1,953 | -24.4% |
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.