K DUBBEL A: 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.
K DUBBEL A
Largest movements
- Cash -€86,990
down €86,990 (-66.0%), from €131,845 to €44,854
mainly Other debts (-€96,682) and Trade debts (-€14,040)
- Receivables within one year -€17,348
down €17,348 (-23.4%), from €74,292 to €56,945
of which Trade receivables: -€17,341
- Other debts -€96,682
down €96,682 (-69.5%), from €139,088 to €42,407
- Trade debts -€14,040
down €14,040 (-27.8%), from €50,542 to €36,502
- Tax, wage and social debts +€4,493
up €4,493 (+37.3%), from €12,040 to €16,533
of which Taxes: +€4,139
- Turnover -€140,128
down €140,128 (-24.8%), from €564,990 to €424,862
- Purchases and services -€134,028
down €134,028 (-28.1%), from €476,483 to €342,455
- Gross operating margin -€6,115
down €6,115 (-6.9%), from €88,869 to €82,753
- Staff costs -€5,726
down €5,726 (-6.7%), from €85,652 to €79,927
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 | €325,915 | €219,621 | -€106,294 | -32.6% |
| Fixed assets | 21/28 | €6,676 | €5,297 | -€1,380 | -20.7% |
| Tangible fixed assets | 22/27 | €6,676 | €5,297 | -€1,380 | -20.7% |
| Furniture and vehicles | 24 | €6,676 | €5,297 | -€1,380 | -20.7% |
| Current assets | 29/58 | €319,239 | €214,325 | -€104,914 | -32.9% |
| Stocks and contracts in progress | 3 | €111,918 | €111,216 | -€702 | -0.6% |
| Stocks | 30/36 | €111,918 | €111,216 | -€702 | -0.6% |
| Amounts receivable within one year | 40/41 | €74,292 | €56,945 | -€17,348 | -23.4% |
| Trade receivables | 40 | €74,285 | €56,945 | -€17,341 | -23.3% |
| Other amounts receivable | 41 | €7 | €0 | -€7 | -100% |
| Cash at bank and in hand | 54/58 | €131,845 | €44,854 | -€86,990 | -66.0% |
| Deferred charges and accrued income | 490/1 | €1,184 | €1,310 | +€126 | +10.6% |
| Total equity and liabilities | 10/49 | €325,915 | €219,621 | -€106,294 | -32.6% |
| Equity | 10/15 | €124,244 | €124,179 | -€65 | -0.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €50,625 | €50,625 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,731 | €9,731 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Other | 1319 | €2,231 | €2,231 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,883 | €1,883 | = | 0.0% |
| Distributable reserves | 133 | €39,012 | €39,012 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,381 | -€1,446 | -€65 | -4.7% |
| Amounts payable | 17/49 | €201,671 | €95,442 | -€106,229 | -52.7% |
| Amounts payable within one year | 42/48 | €201,671 | €95,442 | -€106,229 | -52.7% |
| Trade debts | 44 | €50,542 | €36,502 | -€14,040 | -27.8% |
| Suppliers | 440/4 | €50,542 | €36,502 | -€14,040 | -27.8% |
| Taxes, remuneration and social security | 45 | €12,040 | €16,533 | +€4,493 | +37.3% |
| Taxes | 450/3 | €4,169 | €8,308 | +€4,139 | +99.3% |
| Remuneration and social security | 454/9 | €7,871 | €8,225 | +€354 | +4.5% |
| Other amounts payable | 47/48 | €139,088 | €42,407 | -€96,682 | -69.5% |
| Turnover | 70 | €564,990 | €424,862 | -€140,128 | -24.8% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €476,483 | €342,455 | -€134,028 | -28.1% |
| Remuneration, social security and pensions | 62 | €85,652 | €79,927 | -€5,726 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,463 | €1,380 | -€1,083 | -44.0% |
| Other operating charges | 640/8 | €791 | €885 | +€95 | +12.0% |
| Gross operating margin | 9900 | €88,869 | €82,753 | -€6,115 | -6.9% |
| Operating profit (loss) | 9901 | -€37 | €562 | +€599 | |
| Financial income | 75/76B | €438 | €877 | +€439 | +100% |
| Recurring financial income | 75 | €438 | €877 | +€439 | +100% |
| Financial charges | 65/66B | €3,970 | €1,504 | -€2,465 | -62.1% |
| Recurring financial charges | 65 | €3,970 | €1,504 | -€2,465 | -62.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,569 | -€65 | +€3,503 | +98.2% |
| Income taxes | 67/77 | €10 | €0 | -€10 | -100% |
| Profit (loss) for the period | 9904 | -€3,578 | -€65 | +€3,513 | +98.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,578 | -€65 | +€3,513 | +98.2% |
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 16 October 2026 via checked.be.