DOGM: 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.
DOGM
Largest movements
- Cash -€12,356
down €12,356 (-18.4%), from €67,038 to €54,682
mainly Tax, wage and social debts (-€9,863) and Trade debts (-€5,836)
- Tangible fixed assets +€3,134
up €3,134 (+163%), from €1,917 to €5,051
of which Plant, machinery and equipment: +€4,138
- Stocks and contracts -€2,500
down €2,500 (-16.7%), from €15,000 to €12,500
- Tax, wage and social debts -€9,863
down €9,863 (-66.3%), from €14,879 to €5,016
- Trade debts -€5,836
down €5,836 (-33.4%), from €17,491 to €11,656
- Profit (loss) carried forward +€3,578
up €3,578 (+5.8%), from €61,653 to €65,231
- Gross operating margin -€33,518
down €33,518 (-78.3%), from €42,793 to €9,275
- Taxes -€9,741
down €9,741 (-87.0%), from €11,201 to €1,459
- Other operating charges -€1,879
down €1,879 (-34.8%), from €5,403 to €3,524
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 | €100,294 | €88,173 | -€12,121 | -12.1% |
| Fixed assets | 21/28 | €3,141 | €6,275 | +€3,134 | +99.8% |
| Tangible fixed assets | 22/27 | €1,917 | €5,051 | +€3,134 | +163% |
| Plant, machinery and equipment | 23 | - | €4,138 | +€4,138 | |
| Furniture and vehicles | 24 | €1,917 | €913 | -€1,004 | -52.4% |
| Financial fixed assets | 28 | €1,224 | €1,224 | = | 0.0% |
| Current assets | 29/58 | €97,153 | €81,898 | -€15,255 | -15.7% |
| Stocks and contracts in progress | 3 | €15,000 | €12,500 | -€2,500 | -16.7% |
| Stocks | 30/36 | €15,000 | €12,500 | -€2,500 | -16.7% |
| Amounts receivable within one year | 40/41 | €13,082 | €12,610 | -€471 | -3.6% |
| Trade receivables | 40 | €3,090 | €2,062 | -€1,028 | -33.3% |
| Other amounts receivable | 41 | €9,992 | €10,549 | +€557 | +5.6% |
| Cash at bank and in hand | 54/58 | €67,038 | €54,682 | -€12,356 | -18.4% |
| Deferred charges and accrued income | 490/1 | €2,033 | €2,105 | +€72 | +3.5% |
| Total equity and liabilities | 10/49 | €100,294 | €88,173 | -€12,121 | -12.1% |
| Equity | 10/15 | €67,924 | €71,502 | +€3,578 | +5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €70 | €70 | = | 0.0% |
| Non-distributable reserves | 130/1 | €70 | €70 | = | 0.0% |
| Reserves not available under the articles | 1311 | €70 | €70 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,653 | €65,231 | +€3,578 | +5.8% |
| Amounts payable | 17/49 | €32,370 | €16,671 | -€15,699 | -48.5% |
| Amounts payable within one year | 42/48 | €32,370 | €16,671 | -€15,699 | -48.5% |
| Trade debts | 44 | €17,491 | €11,656 | -€5,836 | -33.4% |
| Suppliers | 440/4 | €17,491 | €11,656 | -€5,836 | -33.4% |
| Taxes, remuneration and social security | 45 | €14,879 | €5,016 | -€9,863 | -66.3% |
| Taxes | 450/3 | €14,879 | €5,016 | -€9,863 | -66.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,004 | €1,004 | = | 0.0% |
| Other operating charges | 640/8 | €5,403 | €3,524 | -€1,879 | -34.8% |
| Gross operating margin | 9900 | €42,793 | €9,275 | -€33,518 | -78.3% |
| Operating profit (loss) | 9901 | €36,386 | €4,747 | -€31,639 | -87.0% |
| Financial income | 75/76B | €592 | €557 | -€35 | -5.9% |
| Recurring financial income | 75 | €592 | €557 | -€35 | -5.9% |
| Financial charges | 65/66B | €314 | €266 | -€48 | -15.2% |
| Recurring financial charges | 65 | €314 | €266 | -€48 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €36,664 | €5,037 | -€31,626 | -86.3% |
| Income taxes | 67/77 | €11,201 | €1,459 | -€9,741 | -87.0% |
| Profit (loss) for the period | 9904 | €25,463 | €3,578 | -€21,885 | -85.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,463 | €3,578 | -€21,885 | -85.9% |
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 14 October 2026 via checked.be.