DOGILAND: what changed
DOGILAND
Largest movements
- Receivables within one year +€128,611
up €128,611 (+37.4%), from €343,625 to €472,236
of which Trade receivables: +€109,445
- Tangible fixed assets -€90,351
down €90,351 (-13.6%), from €664,312 to €573,961
- Stocks and contracts +€66,797
up €66,797 (+22.8%), from €293,184 to €359,980
- Cash -€55,158
down €55,158 (-95.6%), from €57,717 to €2,558
mainly Trade debts (-€541,035) and Receivables within one year (-€128,611)
- Other debts +€573,773
up €573,773 (+23,070%), from €2,487 to €576,260
- Trade debts -€541,035
down €541,035 (-65.7%), from €823,984 to €282,949
- Short-term financial debts +€71,026
new in 2025: €71,026
- Tax, wage and social debts -€45,589
down €45,589 (-80.5%), from €56,599 to €11,009
of which Taxes: -€45,920
- Gross operating margin -€24,320
down €24,320 (-11.6%), from €209,392 to €185,072
- Taxes -€11,989
down €11,989 (-72.2%), from €16,594 to €4,605
- Depreciation +€4,395
up €4,395 (+4.1%), from €105,956 to €110,351
- Staff costs +€3,640
up €3,640 (+8.5%), from €42,659 to €46,300
- Financial charges +€2,893
up €2,893 (+44.0%), from €6,582 to €9,475
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,375,090 | €1,434,659 | +€59,570 | +4.3% |
| Fixed assets | 21/28 | €676,083 | €585,732 | -€90,351 | -13.4% |
| Tangible fixed assets | 22/27 | €664,312 | €573,961 | -€90,351 | -13.6% |
| Land and buildings | 22 | €220,574 | €191,180 | -€29,394 | -13.3% |
| Plant, machinery and equipment | 23 | €226,533 | €198,387 | -€28,146 | -12.4% |
| Furniture and vehicles | 24 | €217,206 | €184,395 | -€32,811 | -15.1% |
| Financial fixed assets | 28 | €11,770 | €11,770 | = | 0.0% |
| Current assets | 29/58 | €699,007 | €848,928 | +€149,921 | +21.4% |
| Stocks and contracts in progress | 3 | €293,184 | €359,980 | +€66,797 | +22.8% |
| Stocks | 30/36 | €293,184 | €359,980 | +€66,797 | +22.8% |
| Amounts receivable within one year | 40/41 | €343,625 | €472,236 | +€128,611 | +37.4% |
| Trade receivables | 40 | €328,486 | €437,930 | +€109,445 | +33.3% |
| Other amounts receivable | 41 | €15,139 | €34,306 | +€19,166 | +127% |
| Cash at bank and in hand | 54/58 | €57,717 | €2,558 | -€55,158 | -95.6% |
| Deferred charges and accrued income | 490/1 | €4,482 | €14,153 | +€9,672 | +216% |
| Total equity and liabilities | 10/49 | €1,375,090 | €1,434,659 | +€59,570 | +4.3% |
| Equity | 10/15 | €403,772 | €415,776 | +€12,004 | +3.0% |
| Contributions | 10/11 | €18,700 | €18,700 | = | 0.0% |
| Reserves | 13 | €301,219 | €312,719 | +€11,500 | +3.8% |
| Distributable reserves | 133 | €301,219 | €312,719 | +€11,500 | +3.8% |
| Profit (loss) carried forward | 14 | €83,853 | €84,358 | +€504 | +0.6% |
| Amounts payable | 17/49 | €971,318 | €1,018,883 | +€47,565 | +4.9% |
| Amounts payable after more than one year | 17 | €34,286 | €25,714 | -€8,571 | -25.0% |
| Financial debts | 170/4 | €34,286 | €25,714 | -€8,571 | -25.0% |
| Amounts payable within one year | 42/48 | €891,642 | €949,815 | +€58,174 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €8,571 | €8,571 | = | 0.0% |
| Financial debts | 43 | - | €71,026 | +€71,026 | |
| Credit institutions | 430/8 | - | €71,026 | +€71,026 | |
| Trade debts | 44 | €823,984 | €282,949 | -€541,035 | -65.7% |
| Suppliers | 440/4 | €823,984 | €282,949 | -€541,035 | -65.7% |
| Taxes, remuneration and social security | 45 | €56,599 | €11,009 | -€45,589 | -80.5% |
| Taxes | 450/3 | €51,470 | €5,550 | -€45,920 | -89.2% |
| Remuneration and social security | 454/9 | €5,129 | €5,459 | +€330 | +6.4% |
| Other amounts payable | 47/48 | €2,487 | €576,260 | +€573,773 | +23,070% |
| Accrued charges and deferred income | 492/3 | €45,391 | €43,353 | -€2,037 | -4.5% |
| Remuneration, social security and pensions | 62 | €42,659 | €46,300 | +€3,640 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,956 | €110,351 | +€4,395 | +4.1% |
| Other operating charges | 640/8 | €3,241 | €2,623 | -€619 | -19.1% |
| Gross operating margin | 9900 | €209,392 | €185,072 | -€24,320 | -11.6% |
| Operating profit (loss) | 9901 | €57,536 | €25,799 | -€31,737 | -55.2% |
| Financial income | 75/76B | €1,421 | €286 | -€1,135 | -79.9% |
| Recurring financial income | 75 | €1,421 | €286 | -€1,135 | -79.9% |
| Financial charges | 65/66B | €6,582 | €9,475 | +€2,893 | +44.0% |
| Recurring financial charges | 65 | €6,582 | €9,475 | +€2,893 | +44.0% |
| Profit (loss) for the period before taxes | 9903 | €52,375 | €16,610 | -€35,765 | -68.3% |
| Income taxes | 67/77 | €16,594 | €4,605 | -€11,989 | -72.2% |
| Profit (loss) for the period | 9904 | €35,781 | €12,004 | -€23,777 | -66.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,781 | €12,004 | -€23,777 | -66.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.