DODONA: 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.
DODONA
Largest movements
- Tangible fixed assets +€236,386
up €236,386 (+33.3%), from €709,774 to €946,160
of which Land and buildings: +€242,169
- Other debts +€326,967
up €326,967 (+186%), from €176,024 to €502,991
- Profit (loss) carried forward -€99,605
down €99,605 (-62.4%), from -€159,641 to -€259,246
- Depreciation +€16,844
up €16,844 (+52.9%), from €31,837 to €48,681
- Financial charges +€13,498
up €13,498 (+84.0%), from €16,074 to €29,571
- Gross operating margin +€1,026
up €1,026 (+6.1%), from -€16,832 to -€15,805
- Other operating charges +€868
up €868 (+18.6%), from €4,679 to €5,547
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €716,724 | €949,003 | +€232,279 | +32.4% |
| Fixed assets | 21/28 | €709,774 | €946,160 | +€236,386 | +33.3% |
| Tangible fixed assets | 22/27 | €709,774 | €946,160 | +€236,386 | +33.3% |
| Land and buildings | 22 | €682,470 | €924,639 | +€242,169 | +35.5% |
| Furniture and vehicles | 24 | €27,304 | €21,522 | -€5,783 | -21.2% |
| Current assets | 29/58 | €6,950 | €2,843 | -€4,107 | -59.1% |
| Cash at bank and in hand | 54/58 | €5,004 | €2,843 | -€2,161 | -43.2% |
| Deferred charges and accrued income | 490/1 | €1,946 | €0 | -€1,946 | -100% |
| Total equity and liabilities | 10/49 | €716,724 | €949,003 | +€232,279 | +32.4% |
| Equity | 10/15 | €88,754 | -€10,851 | -€99,605 | |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Reserves | 13 | €502 | €502 | = | 0.0% |
| Non-distributable reserves | 130/1 | €502 | €502 | = | 0.0% |
| Legal reserve | 130 | €502 | €502 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€159,641 | -€259,246 | -€99,605 | -62.4% |
| Amounts payable | 17/49 | €627,970 | €959,854 | +€331,885 | +52.9% |
| Amounts payable within one year | 42/48 | €627,970 | €959,854 | +€331,885 | +52.9% |
| Financial debts | 43 | €450,000 | €450,000 | = | 0.0% |
| Credit institutions | 430/8 | €450,000 | €450,000 | = | 0.0% |
| Trade debts | 44 | €1,946 | €6,864 | +€4,918 | +253% |
| Suppliers | 440/4 | €1,946 | €6,864 | +€4,918 | +253% |
| Other amounts payable | 47/48 | €176,024 | €502,991 | +€326,967 | +186% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,837 | €48,681 | +€16,844 | +52.9% |
| Other operating charges | 640/8 | €4,679 | €5,547 | +€868 | +18.6% |
| Gross operating margin | 9900 | -€16,832 | -€15,805 | +€1,026 | +6.1% |
| Operating profit (loss) | 9901 | -€53,348 | -€70,034 | -€16,686 | -31.3% |
| Financial charges | 65/66B | €16,074 | €29,571 | +€13,498 | +84.0% |
| Recurring financial charges | 65 | €16,074 | €29,571 | +€13,498 | +84.0% |
| Profit (loss) for the period before taxes | 9903 | -€69,421 | -€99,605 | -€30,184 | -43.5% |
| Profit (loss) for the period | 9904 | -€69,421 | -€99,605 | -€30,184 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,421 | -€99,605 | -€30,184 | -43.5% |
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.