DOGE: 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.
DOGE
Largest movements
- Receivables within one year -€44,059
down €44,059 (-49.9%), from €88,375 to €44,315
of which Other amounts receivable: -€45,052
- Tangible fixed assets -€17,765
down €17,765 (-7.6%), from €233,066 to €215,300
of which Land and buildings: -€14,822
- Profit (loss) carried forward -€52,302
down €52,302, from €28,368 to -€23,934
- Debts after one year -€19,976
down €19,976 (-32.1%), from €62,188 to €42,212
- Other debts +€13,631
up €13,631 (+10.1%), from €135,342 to €148,973
- Financial charges +€6,076
up €6,076 (+1,277%), from €476 to €6,552
- Gross operating margin +€2,125
up €2,125 (+7.7%), from -€27,425 to -€25,301
- Depreciation -€1,292
down €1,292 (-6.8%), from €19,057 to €17,765
- Other operating charges -€298
down €298 (-10.0%), from €2,982 to €2,685
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 | €323,325 | €262,884 | -€60,442 | -18.7% |
| Fixed assets | 21/28 | €233,066 | €215,300 | -€17,765 | -7.6% |
| Tangible fixed assets | 22/27 | €233,066 | €215,300 | -€17,765 | -7.6% |
| Land and buildings | 22 | €228,778 | €213,957 | -€14,822 | -6.5% |
| Plant, machinery and equipment | 23 | €1,735 | €1,092 | -€644 | -37.1% |
| Furniture and vehicles | 24 | €2,552 | €252 | -€2,300 | -90.1% |
| Current assets | 29/58 | €90,260 | €47,583 | -€42,676 | -47.3% |
| Amounts receivable within one year | 40/41 | €88,375 | €44,315 | -€44,059 | -49.9% |
| Trade receivables | 40 | €0 | €993 | +€993 | |
| Other amounts receivable | 41 | €88,375 | €43,323 | -€45,052 | -51.0% |
| Cash at bank and in hand | 54/58 | €1,620 | €1,690 | +€70 | +4.3% |
| Deferred charges and accrued income | 490/1 | €265 | €1,578 | +€1,313 | +496% |
| Total equity and liabilities | 10/49 | €323,325 | €262,884 | -€60,442 | -18.7% |
| Equity | 10/15 | €92,335 | €40,033 | -€52,302 | -56.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €43,966 | €43,966 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €41,966 | €41,966 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,368 | -€23,934 | -€52,302 | |
| Amounts payable | 17/49 | €230,991 | €222,851 | -€8,140 | -3.5% |
| Amounts payable after more than one year | 17 | €62,188 | €42,212 | -€19,976 | -32.1% |
| Financial debts | 170/4 | €62,188 | €42,212 | -€19,976 | -32.1% |
| Amounts payable within one year | 42/48 | €162,787 | €174,623 | +€11,836 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €21,307 | €19,976 | -€1,332 | -6.3% |
| Trade debts | 44 | €1,990 | €3,574 | +€1,584 | +79.6% |
| Suppliers | 440/4 | €1,990 | €3,574 | +€1,584 | +79.6% |
| Taxes, remuneration and social security | 45 | €4,148 | €2,101 | -€2,047 | -49.4% |
| Taxes | 450/3 | €3,403 | €1,356 | -€2,047 | -60.2% |
| Remuneration and social security | 454/9 | €745 | €745 | = | 0.0% |
| Other amounts payable | 47/48 | €135,342 | €148,973 | +€13,631 | +10.1% |
| Accrued charges and deferred income | 492/3 | €6,016 | €6,016 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,057 | €17,765 | -€1,292 | -6.8% |
| Other operating charges | 640/8 | €2,982 | €2,685 | -€298 | -10.0% |
| Gross operating margin | 9900 | -€27,425 | -€25,301 | +€2,125 | +7.7% |
| Operating profit (loss) | 9901 | -€49,465 | -€45,750 | +€3,715 | +7.5% |
| Financial charges | 65/66B | €476 | €6,552 | +€6,076 | +1,277% |
| Recurring financial charges | 65 | €476 | €6,552 | +€6,076 | +1,277% |
| Profit (loss) for the period before taxes | 9903 | -€49,941 | -€52,302 | -€2,361 | -4.7% |
| Income taxes | 67/77 | €49 | - | -€49 | |
| Profit (loss) for the period | 9904 | -€49,990 | -€52,302 | -€2,312 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,990 | -€52,302 | -€2,312 | -4.6% |
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 15 October 2026 via checked.be.