D'Or Group: what changed
Two fiscal 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.
D'Or Group
Largest movements
- Financial fixed assets +€300,000
new in 2025: €300,000
- Receivables within one year +€8,086
up €8,086 (+196.5%), from €4,114 to €12,201
of which Trade receivables: +€5,257
- Debts after one year +€212,457
up €212,457 (+148.7%), from €142,867 to €355,324
- Other debts +€107,790
up €107,790 (+124.7%), from €86,463 to €194,253
- Tax, wage and social debts -€12,797
down €12,797 (-56.9%), from €22,493 to €9,697
of which Taxes: -€12,612
- Gross operating margin -€12,175
down €12,175 (-62.8%), from €19,401 to €7,226
- Financial charges +€5,171
up €5,171 (+87.1%), from €5,935 to €11,106
- Taxes -€2,620
no longer reported in 2025 (was €2,620)
- Other operating charges +€607
up €607 (+181.1%), from €335 to €941
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.
Cash bridge derived
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 | €344,991 | €652,464 | +€307,472 | +89.1% |
| Fixed assets | 21/28 | - | €300,000 | +€300,000 | |
| Financial fixed assets | 28 | - | €300,000 | +€300,000 | |
| Current assets | 29/58 | €344,991 | €352,464 | +€7,472 | +2.2% |
| Amounts receivable within one year | 40/41 | €4,114 | €12,201 | +€8,086 | +196.5% |
| Trade receivables | 40 | €2,003 | €7,260 | +€5,257 | +262.5% |
| Other amounts receivable | 41 | €2,112 | €4,941 | +€2,829 | +134.0% |
| Current investments | 50/53 | €335,838 | €335,838 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,039 | €4,425 | -€614 | -12.2% |
| Total equity and liabilities | 10/49 | €344,991 | €652,464 | +€307,472 | +89.1% |
| Equity | 10/15 | €51,565 | €46,744 | -€4,822 | -9.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,565 | €40,744 | -€4,822 | -10.6% |
| Amounts payable | 17/49 | €293,426 | €605,720 | +€312,294 | +106.4% |
| Amounts payable after more than one year | 17 | €142,867 | €355,324 | +€212,457 | +148.7% |
| Financial debts | 170/4 | €142,867 | €355,324 | +€212,457 | +148.7% |
| Amounts payable within one year | 42/48 | €149,834 | €250,396 | +€100,562 | +67.1% |
| Current portion of amounts payable after more than one year | 42 | €39,530 | €40,237 | +€707 | +1.8% |
| Trade debts | 44 | €1,349 | €6,210 | +€4,861 | +360.3% |
| Suppliers | 440/4 | €1,349 | €6,210 | +€4,861 | +360.3% |
| Taxes, remuneration and social security | 45 | €22,493 | €9,697 | -€12,797 | -56.9% |
| Taxes | 450/3 | €22,309 | €9,697 | -€12,612 | -56.5% |
| Remuneration and social security | 454/9 | €184 | - | -€184 | |
| Other amounts payable | 47/48 | €86,463 | €194,253 | +€107,790 | +124.7% |
| Accrued charges and deferred income | 492/3 | €725 | - | -€725 | |
| Remuneration, social security and pensions | 62 | €31 | - | -€31 | |
| Other operating charges | 640/8 | €335 | €941 | +€607 | +181.1% |
| Gross operating margin | 9900 | €19,401 | €7,226 | -€12,175 | -62.8% |
| Operating profit (loss) | 9901 | €19,035 | €6,284 | -€12,751 | -67.0% |
| Financial charges | 65/66B | €5,935 | €11,106 | +€5,171 | +87.1% |
| Recurring financial charges | 65 | €5,935 | €11,106 | +€5,171 | +87.1% |
| Profit (loss) for the period before taxes | 9903 | €13,100 | -€4,822 | -€17,922 | |
| Income taxes | 67/77 | €2,620 | - | -€2,620 | |
| Profit (loss) for the period | 9904 | €10,480 | -€4,822 | -€15,302 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,480 | -€4,822 | -€15,302 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.