DODGE: 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.
DODGE
Largest movements
- Receivables within one year +€20,008
up €20,008 (+271%), from €7,374 to €27,382
of which Trade receivables: +€12,632
- Tangible fixed assets -€4,635
down €4,635 (-34.0%), from €13,635 to €9,000
- Cash -€1,718
down €1,718 (-70.1%), from €2,452 to €734
mainly Receivables within one year (-€20,008) and Debts after one year (-€4,920)
- Stocks and contracts +€1,551
up €1,551 (+152%), from €1,020 to €2,571
- Profit (loss) carried forward +€14,308
up €14,308 (+38.4%), from -€37,267 to -€22,959
- Debts after one year -€4,920
down €4,920 (-48.0%), from €10,251 to €5,331
- Trade debts +€2,480
up €2,480 (+30.1%), from €8,239 to €10,719
- Accrued charges and deferred income +€2,129
up €2,129 (+78.1%), from €2,727 to €4,856
- Tax, wage and social debts +€775
up €775 (+389%), from €199 to €974
- Gross operating margin +€18,516
up €18,516 (+755%), from €2,453 to €20,969
- Other operating charges +€514
up €514 (+51.9%), from €990 to €1,504
- Financial charges -€312
down €312 (-37.4%), from €834 to €522
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 | €25,955 | €40,886 | +€14,931 | +57.5% |
| Fixed assets | 21/28 | €13,635 | €9,000 | -€4,635 | -34.0% |
| Tangible fixed assets | 22/27 | €13,635 | €9,000 | -€4,635 | -34.0% |
| Furniture and vehicles | 24 | €13,635 | €9,000 | -€4,635 | -34.0% |
| Current assets | 29/58 | €12,320 | €31,886 | +€19,566 | +159% |
| Stocks and contracts in progress | 3 | €1,020 | €2,571 | +€1,551 | +152% |
| Stocks | 30/36 | €1,020 | €2,571 | +€1,551 | +152% |
| Amounts receivable within one year | 40/41 | €7,374 | €27,382 | +€20,008 | +271% |
| Trade receivables | 40 | €2,503 | €15,135 | +€12,632 | +505% |
| Other amounts receivable | 41 | €4,871 | €12,247 | +€7,376 | +151% |
| Cash at bank and in hand | 54/58 | €2,452 | €734 | -€1,718 | -70.1% |
| Deferred charges and accrued income | 490/1 | €1,474 | €1,199 | -€275 | -18.7% |
| Total equity and liabilities | 10/49 | €25,955 | €40,886 | +€14,931 | +57.5% |
| Equity | 10/15 | -€1,046 | €13,262 | +€14,308 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €17,629 | €17,629 | = | 0.0% |
| Distributable reserves | 133 | €17,629 | €17,629 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,267 | -€22,959 | +€14,308 | +38.4% |
| Amounts payable | 17/49 | €27,001 | €27,624 | +€623 | +2.3% |
| Amounts payable after more than one year | 17 | €10,251 | €5,331 | -€4,920 | -48.0% |
| Financial debts | 170/4 | €10,251 | €5,331 | -€4,920 | -48.0% |
| Amounts payable within one year | 42/48 | €14,023 | €17,437 | +€3,414 | +24.3% |
| Current portion of amounts payable after more than one year | 42 | €4,921 | €4,921 | = | 0.0% |
| Trade debts | 44 | €8,239 | €10,719 | +€2,480 | +30.1% |
| Suppliers | 440/4 | €8,239 | €10,719 | +€2,480 | +30.1% |
| Taxes, remuneration and social security | 45 | €199 | €974 | +€775 | +389% |
| Taxes | 450/3 | €199 | €974 | +€775 | +389% |
| Other amounts payable | 47/48 | €664 | €823 | +€159 | +23.9% |
| Accrued charges and deferred income | 492/3 | €2,727 | €4,856 | +€2,129 | +78.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,635 | €4,635 | = | 0.0% |
| Other operating charges | 640/8 | €990 | €1,504 | +€514 | +51.9% |
| Non-recurring operating charges | 66A | €4,628 | - | -€4,628 | |
| Gross operating margin | 9900 | €2,453 | €20,969 | +€18,516 | +755% |
| Operating profit (loss) | 9901 | -€7,800 | €14,830 | +€22,630 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €834 | €522 | -€312 | -37.4% |
| Recurring financial charges | 65 | €834 | €522 | -€312 | -37.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,630 | €14,308 | +€22,938 | |
| Income taxes | 67/77 | €68 | - | -€68 | |
| Profit (loss) for the period | 9904 | -€8,698 | €14,308 | +€23,006 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,698 | €14,308 | +€23,006 |
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 18 October 2026 via checked.be.