DI DOLCE: 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.
DI DOLCE
Largest movements
- Cash -€72,748
down €72,748 (-53.1%), from €136,977 to €64,229
mainly Other debts (-€64,064) and Contributions, distributions and other (-€28,439)
- Current investments +€22,936
up €22,936 (+39.9%), from €57,538 to €80,474
- Tangible fixed assets -€7,874
down €7,874 (-33.0%), from €23,864 to €15,990
- Other debts -€64,064
no longer reported in 2025 (was €64,064)
- Accrued charges and deferred income +€5,286
up €5,286 (+161%), from €3,283 to €8,569
- Gross operating margin +€31,204
up €31,204 (+96.0%), from €32,515 to €63,719
- Depreciation +€9,264
up €9,264 (+219%), from €4,232 to €13,497
- Taxes +€7,465
up €7,465 (+116%), from €6,409 to €13,874
- Financial charges +€1,975
up €1,975 (+39.0%), from €5,068 to €7,044
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 | €241,953 | €186,039 | -€55,913 | -23.1% |
| Fixed assets | 21/28 | €28,864 | €20,990 | -€7,874 | -27.3% |
| Tangible fixed assets | 22/27 | €23,864 | €15,990 | -€7,874 | -33.0% |
| Furniture and vehicles | 24 | €23,864 | €15,990 | -€7,874 | -33.0% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €213,088 | €165,049 | -€48,039 | -22.5% |
| Amounts receivable within one year | 40/41 | €16,413 | €17,971 | +€1,558 | +9.5% |
| Trade receivables | 40 | €7,265 | €14,194 | +€6,928 | +95.4% |
| Other amounts receivable | 41 | €9,148 | €3,777 | -€5,371 | -58.7% |
| Current investments | 50/53 | €57,538 | €80,474 | +€22,936 | +39.9% |
| Cash at bank and in hand | 54/58 | €136,977 | €64,229 | -€72,748 | -53.1% |
| Deferred charges and accrued income | 490/1 | €2,160 | €2,375 | +€215 | +10.0% |
| Total equity and liabilities | 10/49 | €241,953 | €186,039 | -€55,913 | -23.1% |
| Equity | 10/15 | €171,049 | €171,584 | +€535 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €152,449 | €152,984 | +€535 | +0.4% |
| Distributable reserves | 133 | €152,449 | €152,984 | +€535 | +0.4% |
| Amounts payable | 17/49 | €70,904 | €14,456 | -€56,449 | -79.6% |
| Amounts payable within one year | 42/48 | €67,621 | €5,886 | -€61,735 | -91.3% |
| Trade debts | 44 | €1,471 | €2,012 | +€541 | +36.8% |
| Suppliers | 440/4 | €1,471 | €2,012 | +€541 | +36.8% |
| Taxes, remuneration and social security | 45 | €2,086 | €3,874 | +€1,788 | +85.7% |
| Taxes | 450/3 | €2,086 | €3,874 | +€1,788 | +85.7% |
| Other amounts payable | 47/48 | €64,064 | - | -€64,064 | |
| Accrued charges and deferred income | 492/3 | €3,283 | €8,569 | +€5,286 | +161% |
| Non-recurring operating income | 76A | - | €19,008 | +€19,008 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,232 | €13,497 | +€9,264 | +219% |
| Other operating charges | 640/8 | €802 | €767 | -€34 | -4.3% |
| Gross operating margin | 9900 | €32,515 | €63,719 | +€31,204 | +96.0% |
| Operating profit (loss) | 9901 | €27,481 | €49,455 | +€21,974 | +80.0% |
| Financial income | 75/76B | €206 | €437 | +€230 | +112% |
| Recurring financial income | 75 | €206 | €437 | +€230 | +112% |
| Financial charges | 65/66B | €5,068 | €7,044 | +€1,975 | +39.0% |
| Recurring financial charges | 65 | €5,068 | €7,044 | +€1,975 | +39.0% |
| Profit (loss) for the period before taxes | 9903 | €22,619 | €42,848 | +€20,229 | +89.4% |
| Income taxes | 67/77 | €6,409 | €13,874 | +€7,465 | +116% |
| Profit (loss) for the period | 9904 | €16,210 | €28,974 | +€12,764 | +78.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,210 | €28,974 | +€12,764 | +78.7% |
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.