DOUL: 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.
DOUL
Largest movements
- Current investments +€10,000
up €10,000 (+12.5%), from €80,000 to €90,000
- Receivables within one year +€3,547
up €3,547 (+24.3%), from €14,595 to €18,142
of which Other amounts receivable: +€2,367
- Reserves +€24,340
up €24,340 (+12.0%), from €202,245 to €226,585
of which Distributable reserves: +€24,340
- Debts after one year -€13,448
down €13,448 (-92.2%), from €14,579 to €1,131
- Gross operating margin +€1,535
up €1,535 (+3.4%), from €44,798 to €46,333
- Depreciation +€1,357
up €1,357 (+14.8%), from €9,162 to €10,520
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 | €306,431 | €320,421 | +€13,990 | +4.6% |
| Fixed assets | 21/28 | €134,847 | €134,197 | -€649 | -0.5% |
| Tangible fixed assets | 22/27 | €134,847 | €134,197 | -€649 | -0.5% |
| Land and buildings | 22 | €118,032 | €114,036 | -€3,996 | -3.4% |
| Furniture and vehicles | 24 | €4,008 | €3,839 | -€169 | -4.2% |
| Other tangible fixed assets | 26 | €12,807 | €16,322 | +€3,515 | +27.4% |
| Current assets | 29/58 | €171,584 | €186,223 | +€14,639 | +8.5% |
| Amounts receivable within one year | 40/41 | €14,595 | €18,142 | +€3,547 | +24.3% |
| Trade receivables | 40 | €13,371 | €14,550 | +€1,180 | +8.8% |
| Other amounts receivable | 41 | €1,225 | €3,592 | +€2,367 | +193% |
| Current investments | 50/53 | €80,000 | €90,000 | +€10,000 | +12.5% |
| Cash at bank and in hand | 54/58 | €76,117 | €76,918 | +€801 | +1.1% |
| Deferred charges and accrued income | 490/1 | €871 | €1,163 | +€291 | +33.4% |
| Total equity and liabilities | 10/49 | €306,431 | €320,421 | +€13,990 | +4.6% |
| Equity | 10/15 | €220,845 | €245,185 | +€24,340 | +11.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €202,245 | €226,585 | +€24,340 | +12.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €200,385 | €224,725 | +€24,340 | +12.1% |
| Amounts payable | 17/49 | €85,586 | €75,236 | -€10,350 | -12.1% |
| Amounts payable after more than one year | 17 | €14,579 | €1,131 | -€13,448 | -92.2% |
| Financial debts | 170/4 | €14,579 | €1,131 | -€13,448 | -92.2% |
| Amounts payable within one year | 42/48 | €71,007 | €74,105 | +€3,098 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €13,224 | €13,448 | +€224 | +1.7% |
| Trade debts | 44 | €38 | €139 | +€101 | +265% |
| Suppliers | 440/4 | €38 | €139 | +€101 | +265% |
| Taxes, remuneration and social security | 45 | €9,421 | €12,094 | +€2,673 | +28.4% |
| Taxes | 450/3 | €9,421 | €12,094 | +€2,673 | +28.4% |
| Other amounts payable | 47/48 | €48,324 | €48,424 | +€100 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,162 | €10,520 | +€1,357 | +14.8% |
| Other operating charges | 640/8 | €1,396 | €1,225 | -€171 | -12.2% |
| Gross operating margin | 9900 | €44,798 | €46,333 | +€1,535 | +3.4% |
| Operating profit (loss) | 9901 | €34,240 | €34,589 | +€349 | +1.0% |
| Financial charges | 65/66B | €827 | €507 | -€321 | -38.8% |
| Recurring financial charges | 65 | €827 | €507 | -€321 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €33,413 | €34,082 | +€669 | +2.0% |
| Income taxes | 67/77 | €9,432 | €9,742 | +€310 | +3.3% |
| Profit (loss) for the period | 9904 | €23,981 | €24,340 | +€359 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,981 | €24,340 | +€359 | +1.5% |
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 17 October 2026 via checked.be.