DODOMAX: 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.
DODOMAX
Largest movements
- Cash +€86,246
up €86,246 (+163.1%), from €52,884 to €139,130
mainly Depreciation (+€199,144) and Net result for the year (+€195,152)
- Tangible fixed assets -€86,187
down €86,187 (-3.9%), from €2.2m to €2.1m
of which Land and buildings: -€159,224
- Receivables after one year +€52,005
new in 2025: €52,005
- Current investments +€48,849
up €48,849 (+15.8%), from €308,476 to €357,325
- Stocks and contracts +€39,883
up €39,883 (+9.3%), from €430,126 to €470,009
- Reserves +€173,493
up €173,493 (+19.2%), from €903,535 to €1.1m
of which Distributable reserves: +€173,493
- Debts after one year -€121,477
down €121,477 (-7.0%), from €1.7m to €1.6m
of which Financial debts: -€120,655
- Trade debts +€52,130
up €52,130 (+50.2%), from €103,780 to €155,910
- Tax, wage and social debts +€50,146
up €50,146 (+91.8%), from €54,608 to €104,754
of which Taxes: +€49,345
- Other debts -€40,341
down €40,341 (-99.5%), from €40,530 to €188
- Staff costs +€12,242
up €12,242 (+6.7%), from €182,834 to €195,077
- Taxes -€7,282
down €7,282 (-9.0%), from €80,722 to €73,440
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 | €3,046,522 | €3,180,136 | +€133,615 | +4.4% |
| Fixed assets | 21/28 | €2,206,323 | €2,120,136 | -€86,187 | -3.9% |
| Tangible fixed assets | 22/27 | €2,202,853 | €2,116,666 | -€86,187 | -3.9% |
| Land and buildings | 22 | €2,123,208 | €1,963,984 | -€159,224 | -7.5% |
| Plant, machinery and equipment | 23 | €10,762 | €25,097 | +€14,335 | +133.2% |
| Furniture and vehicles | 24 | €62,898 | €122,262 | +€59,364 | +94.4% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €5,985 | €5,323 | -€662 | -11.1% |
| Financial fixed assets | 28 | €3,470 | €3,470 | = | 0.0% |
| Current assets | 29/58 | €840,198 | €1,060,000 | +€219,802 | +26.2% |
| Amounts receivable after more than one year | 29 | - | €52,005 | +€52,005 | |
| Other amounts receivable | 291 | - | €52,005 | +€52,005 | |
| Stocks and contracts in progress | 3 | €430,126 | €470,009 | +€39,883 | +9.3% |
| Stocks | 30/36 | €430,126 | €470,009 | +€39,883 | +9.3% |
| Amounts receivable within one year | 40/41 | €39,794 | €34,146 | -€5,648 | -14.2% |
| Trade receivables | 40 | €20,381 | €31,151 | +€10,770 | +52.8% |
| Other amounts receivable | 41 | €19,413 | €2,995 | -€16,418 | -84.6% |
| Current investments | 50/53 | €308,476 | €357,325 | +€48,849 | +15.8% |
| Cash at bank and in hand | 54/58 | €52,884 | €139,130 | +€86,246 | +163.1% |
| Deferred charges and accrued income | 490/1 | €8,918 | €7,385 | -€1,533 | -17.2% |
| Total equity and liabilities | 10/49 | €3,046,522 | €3,180,136 | +€133,615 | +4.4% |
| Equity | 10/15 | €922,135 | €1,095,628 | +€173,493 | +18.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €903,535 | €1,077,028 | +€173,493 | +19.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €131,344 | €131,344 | = | 0.0% |
| Distributable reserves | 133 | €770,331 | €943,824 | +€173,493 | +22.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,124,386 | €2,084,508 | -€39,878 | -1.9% |
| Amounts payable after more than one year | 17 | €1,726,479 | €1,605,002 | -€121,477 | -7.0% |
| Financial debts | 170/4 | €1,695,680 | €1,575,026 | -€120,655 | -7.1% |
| Other amounts payable | 178/9 | €30,799 | €29,977 | -€822 | -2.7% |
| Amounts payable within one year | 42/48 | €350,664 | €424,521 | +€73,857 | +21.1% |
| Current portion of amounts payable after more than one year | 42 | €151,747 | €163,669 | +€11,922 | +7.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €103,780 | €155,910 | +€52,130 | +50.2% |
| Suppliers | 440/4 | €103,780 | €155,910 | +€52,130 | +50.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €54,608 | €104,754 | +€50,146 | +91.8% |
| Taxes | 450/3 | €20,174 | €69,519 | +€49,345 | +244.6% |
| Remuneration and social security | 454/9 | €34,434 | €35,235 | +€801 | +2.3% |
| Other amounts payable | 47/48 | €40,530 | €188 | -€40,341 | -99.5% |
| Accrued charges and deferred income | 492/3 | €47,243 | €54,984 | +€7,742 | +16.4% |
| Remuneration, social security and pensions | 62 | €182,834 | €195,077 | +€12,242 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €196,199 | €199,144 | +€2,945 | +1.5% |
| Other operating charges | 640/8 | €31,830 | €28,446 | -€3,385 | -10.6% |
| Gross operating margin | 9900 | €710,988 | €708,060 | -€2,928 | -0.4% |
| Operating profit (loss) | 9901 | €300,124 | €285,393 | -€14,731 | -4.9% |
| Financial income | 75/76B | €17,572 | €16,834 | -€738 | -4.2% |
| Recurring financial income | 75 | €17,572 | €16,834 | -€738 | -4.2% |
| Financial charges | 65/66B | €36,096 | €33,636 | -€2,460 | -6.8% |
| Recurring financial charges | 65 | €36,096 | €33,636 | -€2,460 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €281,600 | €268,591 | -€13,009 | -4.6% |
| Income taxes | 67/77 | €80,722 | €73,440 | -€7,282 | -9.0% |
| Profit (loss) for the period | 9904 | €200,878 | €195,152 | -€5,727 | -2.9% |
| Transfer to tax-exempt reserves | 689 | €130,510 | €0 | -€130,510 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €70,368 | €195,152 | +€124,783 | +177.3% |
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 3 October 2026 via checked.be.