Dodi: 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.
Dodi
Largest movements
- Cash +€324,637
up €324,637 (+86.4%), from €375,580 to €700,217
mainly Net result for the year (+€413,079) and Short-term financial debts (+€383,700)
- Current investments +€300,000
new in 2025: €300,000
- Receivables within one year -€92,516
down €92,516 (-6.9%), from €1.3m to €1.3m
of which Trade receivables: -€267,626
- Stocks and contracts -€41,895
down €41,895 (-10.6%), from €395,691 to €353,796
- Profit (loss) carried forward +€413,079
up €413,079 (+73.1%), from €564,731 to €977,810
- Short-term financial debts +€383,700
up €383,700 (+55.6%), from €689,522 to €1.1m
of which Credit institutions: +€411,125
- Trade debts -€240,928
down €240,928 (-33.0%), from €730,789 to €489,861
- Tax, wage and social debts -€43,460
down €43,460 (-16.6%), from €262,440 to €218,981
of which Taxes: -€65,769
- Write-downs -€306,012
down €306,012, from €281,227 to -€24,784
- Financial income +€56,788
up €56,788 (+174.9%), from €32,474 to €89,262
- Depreciation +€51,318
up €51,318 (+47.8%), from €107,280 to €158,598
- Taxes +€45,692
up €45,692 (+61.3%), from €74,548 to €120,240
- Staff costs +€45,349
up €45,349 (+6.1%), from €737,596 to €782,945
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 | €2,520,520 | €3,037,360 | +€516,840 | +20.5% |
| Fixed assets | 21/28 | €380,369 | €405,181 | +€24,812 | +6.5% |
| Intangible fixed assets | 21 | €7,512 | €3,996 | -€3,516 | -46.8% |
| Tangible fixed assets | 22/27 | €365,415 | €393,780 | +€28,365 | +7.8% |
| Furniture and vehicles | 24 | €334,217 | €351,597 | +€17,380 | +5.2% |
| Other tangible fixed assets | 26 | €31,198 | €42,183 | +€10,985 | +35.2% |
| Financial fixed assets | 28 | €7,442 | €7,405 | -€37 | -0.5% |
| Current assets | 29/58 | €2,140,151 | €2,632,179 | +€492,028 | +23.0% |
| Stocks and contracts in progress | 3 | €395,691 | €353,796 | -€41,895 | -10.6% |
| Stocks | 30/36 | €395,691 | €353,796 | -€41,895 | -10.6% |
| Amounts receivable within one year | 40/41 | €1,348,049 | €1,255,533 | -€92,516 | -6.9% |
| Trade receivables | 40 | €1,292,592 | €1,024,966 | -€267,626 | -20.7% |
| Other amounts receivable | 41 | €55,458 | €230,567 | +€175,109 | +315.8% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €375,580 | €700,217 | +€324,637 | +86.4% |
| Deferred charges and accrued income | 490/1 | €20,831 | €22,633 | +€1,802 | +8.6% |
| Total equity and liabilities | 10/49 | €2,520,520 | €3,037,360 | +€516,840 | +20.5% |
| Equity | 10/15 | €783,910 | €1,196,988 | +€413,079 | +52.7% |
| Contributions | 10/11 | €126,426 | €126,426 | = | 0.0% |
| Capital | 10 | €126,426 | €126,426 | = | 0.0% |
| Issued capital | 100 | €126,426 | €126,426 | = | 0.0% |
| Reserves | 13 | €92,753 | €92,753 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,643 | €12,643 | = | 0.0% |
| Legal reserve | 130 | €12,643 | €12,643 | = | 0.0% |
| Distributable reserves | 133 | €80,110 | €80,110 | = | 0.0% |
| Profit (loss) carried forward | 14 | €564,731 | €977,810 | +€413,079 | +73.1% |
| Amounts payable | 17/49 | €1,736,611 | €1,840,372 | +€103,761 | +6.0% |
| Amounts payable within one year | 42/48 | €1,732,538 | €1,836,764 | +€104,227 | +6.0% |
| Financial debts | 43 | €689,522 | €1,073,221 | +€383,700 | +55.6% |
| Credit institutions | 430/8 | €181,579 | €592,704 | +€411,125 | +226.4% |
| Other loans | 439 | €507,942 | €480,517 | -€27,425 | -5.4% |
| Trade debts | 44 | €730,789 | €489,861 | -€240,928 | -33.0% |
| Suppliers | 440/4 | €730,789 | €489,861 | -€240,928 | -33.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €262,440 | €218,981 | -€43,460 | -16.6% |
| Taxes | 450/3 | €164,172 | €98,403 | -€65,769 | -40.1% |
| Remuneration and social security | 454/9 | €98,268 | €120,577 | +€22,309 | +22.7% |
| Other amounts payable | 47/48 | €49,787 | €54,701 | +€4,914 | +9.9% |
| Accrued charges and deferred income | 492/3 | €4,073 | €3,607 | -€465 | -11.4% |
| Non-recurring operating income | 76A | €7,604 | €1,615 | -€5,989 | -78.8% |
| Remuneration, social security and pensions | 62 | €737,596 | €782,945 | +€45,349 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,280 | €158,598 | +€51,318 | +47.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €281,227 | -€24,784 | -€306,012 | |
| Other operating charges | 640/8 | €6,889 | €9,443 | +€2,554 | +37.1% |
| Non-recurring operating charges | 66A | €2,361 | €759 | -€1,602 | -67.8% |
| Gross operating margin | 9900 | €1,432,163 | €1,457,736 | +€25,573 | +1.8% |
| Operating profit (loss) | 9901 | €296,810 | €530,775 | +€233,965 | +78.8% |
| Financial income | 75/76B | €32,474 | €89,262 | +€56,788 | +174.9% |
| Recurring financial income | 75 | €32,474 | €89,262 | +€56,788 | +174.9% |
| Financial charges | 65/66B | €63,034 | €86,719 | +€23,685 | +37.6% |
| Recurring financial charges | 65 | €63,034 | €86,719 | +€23,685 | +37.6% |
| Profit (loss) for the period before taxes | 9903 | €266,250 | €533,319 | +€267,068 | +100.3% |
| Income taxes | 67/77 | €74,548 | €120,240 | +€45,692 | +61.3% |
| Profit (loss) for the period | 9904 | €191,702 | €413,079 | +€221,376 | +115.5% |
| Profit (loss) for the period to be appropriated | 9905 | €191,702 | €413,079 | +€221,376 | +115.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.