WHO'S DOYLE: 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.
WHO'S DOYLE
Largest movements
- Receivables within one year +€2,937
up €2,937 (+16.4%), from €17,879 to €20,816
of which Trade receivables: +€2,224
- Tangible fixed assets -€2,359
down €2,359 (-8.7%), from €27,244 to €24,885
of which Land and buildings: -€1,390
- Cash -€910
down €910 (-8.3%), from €10,964 to €10,054
mainly Contributions, distributions and other (-€51,600) and Receivables within one year (-€2,937)
- Other debts +€34,670
up €34,670 (+100%), from €34,579 to €69,249
- Profit (loss) carried forward -€32,653
down €32,653 (-89.0%), from €36,689 to €4,036
- Tax, wage and social debts -€1,604
down €1,604 (-24.8%), from €6,468 to €4,864
- Gross operating margin +€2,479
up €2,479 (+9.2%), from €26,952 to €29,431
- Other operating charges +€541
up €541 (+101%), from €535 to €1,076
- Taxes +€420
up €420 (+6.4%), from €6,590 to €7,009
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 | €81,079 | €81,209 | +€130 | +0.2% |
| Fixed assets | 21/28 | €51,555 | €49,196 | -€2,359 | -4.6% |
| Tangible fixed assets | 22/27 | €27,244 | €24,885 | -€2,359 | -8.7% |
| Land and buildings | 22 | €23,929 | €22,538 | -€1,390 | -5.8% |
| Furniture and vehicles | 24 | €3,315 | €2,347 | -€969 | -29.2% |
| Financial fixed assets | 28 | €24,311 | €24,311 | = | 0.0% |
| Current assets | 29/58 | €29,524 | €32,014 | +€2,489 | +8.4% |
| Amounts receivable within one year | 40/41 | €17,879 | €20,816 | +€2,937 | +16.4% |
| Trade receivables | 40 | €17,468 | €19,693 | +€2,224 | +12.7% |
| Other amounts receivable | 41 | €410 | €1,123 | +€713 | +174% |
| Cash at bank and in hand | 54/58 | €10,964 | €10,054 | -€910 | -8.3% |
| Deferred charges and accrued income | 490/1 | €682 | €1,144 | +€462 | +67.8% |
| Total equity and liabilities | 10/49 | €81,079 | €81,209 | +€130 | +0.2% |
| Equity | 10/15 | €39,699 | €7,046 | -€32,653 | -82.3% |
| Contributions | 10/11 | €3,010 | €3,010 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,689 | €4,036 | -€32,653 | -89.0% |
| Amounts payable | 17/49 | €41,380 | €74,164 | +€32,784 | +79.2% |
| Amounts payable within one year | 42/48 | €41,380 | €74,164 | +€32,784 | +79.2% |
| Trade debts | 44 | €332 | €50 | -€282 | -84.8% |
| Suppliers | 440/4 | €332 | €50 | -€282 | -84.8% |
| Taxes, remuneration and social security | 45 | €6,468 | €4,864 | -€1,604 | -24.8% |
| Taxes | 450/3 | €6,468 | €4,864 | -€1,604 | -24.8% |
| Other amounts payable | 47/48 | €34,579 | €69,249 | +€34,670 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,078 | €2,359 | +€282 | +13.5% |
| Other operating charges | 640/8 | €535 | €1,076 | +€541 | +101% |
| Gross operating margin | 9900 | €26,952 | €29,431 | +€2,479 | +9.2% |
| Operating profit (loss) | 9901 | €24,340 | €25,996 | +€1,657 | +6.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.1% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €24,296 | €25,956 | +€1,660 | +6.8% |
| Income taxes | 67/77 | €6,590 | €7,009 | +€420 | +6.4% |
| Profit (loss) for the period | 9904 | €17,707 | €18,947 | +€1,240 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,707 | €18,947 | +€1,240 | +7.0% |
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 31 October 2026 via checked.be.