Doga: 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.
Doga
Largest movements
- Receivables within one year -€24,316
down €24,316 (-31.0%), from €78,553 to €54,237
of which Trade receivables: -€75,112
- Cash -€6,300
down €6,300 (-90.1%), from €6,989 to €689
mainly Other debts (-€66,128) and Tax, wage and social debts (-€32,120)
- Other debts -€66,128
down €66,128 (-21.2%), from €312,459 to €246,331
- Reserves +€36,716
up €36,716 (+24.3%), from €150,880 to €187,596
of which Distributable reserves: +€36,716
- Tax, wage and social debts -€32,120
down €32,120 (-75.2%), from €42,719 to €10,600
- Short-term financial debts +€16,718
new in 2025: €16,718
- Trade debts +€14,211
up €14,211, from €0 to €14,211
- Gross operating margin -€43,591
down €43,591 (-42.4%), from €102,835 to €59,243
- Taxes -€14,621
down €14,621 (-43.8%), from €33,391 to €18,770
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 | €535,968 | €505,365 | -€30,603 | -5.7% |
| Fixed assets | 21/28 | €449,625 | €449,625 | = | 0.0% |
| Financial fixed assets | 28 | €449,625 | €449,625 | = | 0.0% |
| Current assets | 29/58 | €86,343 | €55,740 | -€30,603 | -35.4% |
| Amounts receivable within one year | 40/41 | €78,553 | €54,237 | -€24,316 | -31.0% |
| Trade receivables | 40 | €75,112 | €0 | -€75,112 | -100% |
| Other amounts receivable | 41 | €3,441 | €54,237 | +€50,796 | +1,476% |
| Cash at bank and in hand | 54/58 | €6,989 | €689 | -€6,300 | -90.1% |
| Deferred charges and accrued income | 490/1 | €800 | €814 | +€14 | +1.7% |
| Total equity and liabilities | 10/49 | €535,968 | €505,365 | -€30,603 | -5.7% |
| Equity | 10/15 | €180,789 | €217,505 | +€36,716 | +20.3% |
| Contributions | 10/11 | €81,355 | €81,355 | = | 0.0% |
| Capital | 10 | €80,720 | €80,720 | = | 0.0% |
| Issued capital | 100 | €80,720 | €80,720 | = | 0.0% |
| Contributions outside capital | 11 | €635 | €635 | = | 0.0% |
| Share premium | 1100/10 | €635 | €635 | = | 0.0% |
| Reserves | 13 | €150,880 | €187,596 | +€36,716 | +24.3% |
| Non-distributable reserves | 130/1 | €8,072 | €8,072 | = | 0.0% |
| Legal reserve | 130 | €8,072 | €8,072 | = | 0.0% |
| Distributable reserves | 133 | €142,808 | €179,524 | +€36,716 | +25.7% |
| Profit (loss) carried forward | 14 | -€51,446 | -€51,446 | = | 0.0% |
| Amounts payable | 17/49 | €355,179 | €287,860 | -€67,318 | -19.0% |
| Amounts payable within one year | 42/48 | €355,179 | €287,860 | -€67,318 | -19.0% |
| Financial debts | 43 | - | €16,718 | +€16,718 | |
| Credit institutions | 430/8 | - | €16,718 | +€16,718 | |
| Trade debts | 44 | €0 | €14,211 | +€14,211 | |
| Suppliers | 440/4 | €0 | €14,211 | +€14,211 | |
| Taxes, remuneration and social security | 45 | €42,719 | €10,600 | -€32,120 | -75.2% |
| Taxes | 450/3 | €42,719 | €10,600 | -€32,120 | -75.2% |
| Other amounts payable | 47/48 | €312,459 | €246,331 | -€66,128 | -21.2% |
| Other operating charges | 640/8 | €772 | €751 | -€21 | -2.7% |
| Gross operating margin | 9900 | €102,835 | €59,243 | -€43,591 | -42.4% |
| Operating profit (loss) | 9901 | €102,063 | €58,492 | -€43,570 | -42.7% |
| Financial charges | 65/66B | €3,727 | €3,006 | -€721 | -19.3% |
| Recurring financial charges | 65 | €3,727 | €3,006 | -€721 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €98,335 | €55,486 | -€42,849 | -43.6% |
| Income taxes | 67/77 | €33,391 | €18,770 | -€14,621 | -43.8% |
| Profit (loss) for the period | 9904 | €64,944 | €36,716 | -€28,229 | -43.5% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €64,944 | €36,716 | -€28,229 | -43.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.