TEAM DOREL: 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.
TEAM DOREL
Largest movements
- Cash -€185,336
down €185,336 (-97.3%), from €190,543 to €5,206
mainly Receivables within one year (-€172,855) and Tax, wage and social debts (-€26,429)
- Receivables within one year +€172,855
up €172,855 (+425%), from €40,684 to €213,539
of which Other amounts receivable: +€125,405
- Tangible fixed assets -€7,091
down €7,091 (-26.5%), from €26,708 to €19,617
of which Furniture and vehicles: -€6,734
- Profit (loss) carried forward +€41,413
up €41,413 (+28.0%), from €148,028 to €189,441
- Tax, wage and social debts -€26,429
down €26,429 (-45.7%), from €57,848 to €31,419
- Other debts -€19,947
down €19,947 (-97.1%), from €20,538 to €591
- Trade debts -€16,215
down €16,215 (-49.6%), from €32,709 to €16,494
- Turnover -€1.0m
no longer reported in 2025 (was €1.0m)
- Purchases and services -€928,469
no longer reported in 2025 (was €928,469)
- Gross operating margin -€41,055
down €41,055 (-39.9%), from €102,842 to €61,787
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 | €264,123 | €242,945 | -€21,178 | -8.0% |
| Fixed assets | 21/28 | €26,708 | €19,617 | -€7,091 | -26.5% |
| Tangible fixed assets | 22/27 | €26,708 | €19,617 | -€7,091 | -26.5% |
| Plant, machinery and equipment | 23 | €606 | €249 | -€356 | -58.8% |
| Furniture and vehicles | 24 | €26,102 | €19,368 | -€6,734 | -25.8% |
| Current assets | 29/58 | €237,415 | €223,327 | -€14,087 | -5.9% |
| Amounts receivable within one year | 40/41 | €40,684 | €213,539 | +€172,855 | +425% |
| Trade receivables | 40 | - | €47,450 | +€47,450 | |
| Other amounts receivable | 41 | €40,684 | €166,089 | +€125,405 | +308% |
| Cash at bank and in hand | 54/58 | €190,543 | €5,206 | -€185,336 | -97.3% |
| Deferred charges and accrued income | 490/1 | €6,188 | €4,582 | -€1,606 | -25.9% |
| Total equity and liabilities | 10/49 | €264,123 | €242,945 | -€21,178 | -8.0% |
| Equity | 10/15 | €153,028 | €194,441 | +€41,413 | +27.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,028 | €189,441 | +€41,413 | +28.0% |
| Amounts payable | 17/49 | €111,095 | €48,504 | -€62,591 | -56.3% |
| Amounts payable within one year | 42/48 | €111,095 | €48,504 | -€62,591 | -56.3% |
| Trade debts | 44 | €32,709 | €16,494 | -€16,215 | -49.6% |
| Suppliers | 440/4 | €32,709 | €16,494 | -€16,215 | -49.6% |
| Taxes, remuneration and social security | 45 | €57,848 | €31,419 | -€26,429 | -45.7% |
| Taxes | 450/3 | €57,848 | €31,419 | -€26,429 | -45.7% |
| Other amounts payable | 47/48 | €20,538 | €591 | -€19,947 | -97.1% |
| Turnover | 70 | €1,030,987 | - | -€1.0m | |
| Goods, raw materials, services and sundry goods | 60/61 | €928,469 | - | -€928,469 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,318 | €7,091 | -€227 | -3.1% |
| Other operating charges | 640/8 | €910 | €1,534 | +€624 | +68.6% |
| Gross operating margin | 9900 | €102,842 | €61,787 | -€41,055 | -39.9% |
| Operating profit (loss) | 9901 | €94,614 | €53,162 | -€41,452 | -43.8% |
| Financial income | 75/76B | €1 | €65 | +€65 | +12,737% |
| Recurring financial income | 75 | €1 | €65 | +€65 | +12,737% |
| Financial charges | 65/66B | €1,016 | €116 | -€900 | -88.6% |
| Recurring financial charges | 65 | €1,016 | €116 | -€900 | -88.6% |
| Profit (loss) for the period before taxes | 9903 | €93,599 | €53,112 | -€40,487 | -43.3% |
| Income taxes | 67/77 | €18,820 | €11,699 | -€7,122 | -37.8% |
| Profit (loss) for the period | 9904 | €74,779 | €41,413 | -€33,366 | -44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €74,779 | €41,413 | -€33,366 | -44.6% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.