De Doncker Projects: 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.
De Doncker Projects
Largest movements
- Cash -€118,745
down €118,745 (-100.0%), from €118,795 to €51
mainly Other debts (-€126,596) and Trade debts (-€50,046)
- Stocks and contracts -€51,667
down €51,667 (-100.0%), from €51,667 to €0
- Receivables within one year -€4,869
down €4,869 (-26.2%), from €18,592 to €13,723
of which Trade receivables: -€3,297
- Financial fixed assets -€2,500
down €2,500 (-100.0%), from €2,500 to €0
- Other debts -€126,596
down €126,596 (-96.6%), from €131,047 to €4,451
- Trade debts -€50,046
down €50,046 (-94.2%), from €53,107 to €3,061
- Other operating charges -€384
down €384 (-100.0%), from €384 to €0
- Gross operating margin -€330
down €330 (-17.3%), from €1,906 to €1,575
- Depreciation -€47
down €47 (-5.2%), from €907 to €860
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 | €192,565 | €15,321 | -€177,244 | -92.0% |
| Fixed assets | 21/28 | €3,446 | €1,465 | -€1,981 | -57.5% |
| Tangible fixed assets | 22/27 | €946 | €1,465 | +€519 | +54.9% |
| Plant, machinery and equipment | 23 | €435 | €303 | -€132 | -30.4% |
| Furniture and vehicles | 24 | €511 | €1,163 | +€651 | +127.3% |
| Financial fixed assets | 28 | €2,500 | €0 | -€2,500 | -100.0% |
| Current assets | 29/58 | €189,119 | €13,856 | -€175,263 | -92.7% |
| Stocks and contracts in progress | 3 | €51,667 | €0 | -€51,667 | -100.0% |
| Stocks | 30/36 | €51,667 | €0 | -€51,667 | -100.0% |
| Amounts receivable within one year | 40/41 | €18,592 | €13,723 | -€4,869 | -26.2% |
| Trade receivables | 40 | €16,893 | €13,597 | -€3,297 | -19.5% |
| Other amounts receivable | 41 | €1,699 | €126 | -€1,573 | -92.6% |
| Cash at bank and in hand | 54/58 | €118,795 | €51 | -€118,745 | -100.0% |
| Deferred charges and accrued income | 490/1 | €65 | €83 | +€18 | +27.0% |
| Total equity and liabilities | 10/49 | €192,565 | €15,321 | -€177,244 | -92.0% |
| Equity | 10/15 | €6,350 | €6,803 | +€453 | +7.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,650 | -€13,197 | +€453 | +3.3% |
| Amounts payable | 17/49 | €186,216 | €8,518 | -€177,697 | -95.4% |
| Amounts payable within one year | 42/48 | €186,216 | €8,518 | -€177,697 | -95.4% |
| Trade debts | 44 | €53,107 | €3,061 | -€50,046 | -94.2% |
| Suppliers | 440/4 | €53,107 | €3,061 | -€50,046 | -94.2% |
| Taxes, remuneration and social security | 45 | €2,062 | €1,006 | -€1,056 | -51.2% |
| Taxes | 450/3 | €2,062 | €1,006 | -€1,056 | -51.2% |
| Other amounts payable | 47/48 | €131,047 | €4,451 | -€126,596 | -96.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €907 | €860 | -€47 | -5.2% |
| Other operating charges | 640/8 | €384 | €0 | -€384 | -100.0% |
| Gross operating margin | 9900 | €1,906 | €1,575 | -€330 | -17.3% |
| Operating profit (loss) | 9901 | €614 | €715 | +€101 | +16.5% |
| Financial charges | 65/66B | €98 | €86 | -€12 | -12.5% |
| Recurring financial charges | 65 | €98 | €86 | -€12 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €515 | €629 | +€114 | +22.1% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | €341 | €453 | +€112 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €341 | €453 | +€112 | +32.9% |
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 4 October 2026 via checked.be.