DOGMA 10: 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.
DOGMA 10
Largest movements
- Tangible fixed assets -€6,953
down €6,953 (-27.9%), from €24,924 to €17,971
of which Furniture and vehicles: -€6,391
- Advances received -€43,956
no longer reported in 2025 (was €43,956)
- Trade debts +€41,755
up €41,755 (+118%), from €35,308 to €77,063
- Tax, wage and social debts -€6,467
down €6,467 (-99.0%), from €6,531 to €64
of which Remuneration and social security: -€3,740
- Reserves +€3,322
up €3,322 (+2.0%), from €166,351 to €169,673
of which Distributable reserves: +€3,322
- Gross operating margin -€53,889
down €53,889 (-73.2%), from €73,593 to €19,704
- Taxes -€16,528
down €16,528 (-74.4%), from €22,213 to €5,685
- Financial charges -€2,978
down €2,978 (-92.9%), from €3,207 to €229
- Depreciation +€2,128
up €2,128 (+44.1%), from €4,825 to €6,953
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 | €267,146 | €261,375 | -€5,771 | -2.2% |
| Fixed assets | 21/28 | €24,924 | €17,971 | -€6,953 | -27.9% |
| Tangible fixed assets | 22/27 | €24,924 | €17,971 | -€6,953 | -27.9% |
| Furniture and vehicles | 24 | €24,362 | €17,971 | -€6,391 | -26.2% |
| Other tangible fixed assets | 26 | €562 | - | -€562 | |
| Current assets | 29/58 | €242,221 | €243,403 | +€1,182 | +0.5% |
| Amounts receivable within one year | 40/41 | €220,156 | €222,105 | +€1,949 | +0.9% |
| Trade receivables | 40 | €200,637 | €199,698 | -€939 | -0.5% |
| Other amounts receivable | 41 | €19,519 | €22,406 | +€2,888 | +14.8% |
| Cash at bank and in hand | 54/58 | €20,565 | €20,573 | +€8 | 0.0% |
| Deferred charges and accrued income | 490/1 | €1,501 | €726 | -€775 | -51.7% |
| Total equity and liabilities | 10/49 | €267,146 | €261,375 | -€5,771 | -2.2% |
| Equity | 10/15 | €178,751 | €182,073 | +€3,322 | +1.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €166,351 | €169,673 | +€3,322 | +2.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €164,491 | €167,813 | +€3,322 | +2.0% |
| Amounts payable | 17/49 | €88,395 | €79,302 | -€9,093 | -10.3% |
| Amounts payable within one year | 42/48 | €88,395 | €79,302 | -€9,093 | -10.3% |
| Trade debts | 44 | €35,308 | €77,063 | +€41,755 | +118% |
| Suppliers | 440/4 | €35,308 | €77,063 | +€41,755 | +118% |
| Advances received on contracts in progress | 46 | €43,956 | - | -€43,956 | |
| Taxes, remuneration and social security | 45 | €6,531 | €64 | -€6,467 | -99.0% |
| Taxes | 450/3 | €2,791 | €64 | -€2,727 | -97.7% |
| Remuneration and social security | 454/9 | €3,740 | - | -€3,740 | |
| Other amounts payable | 47/48 | €2,601 | €2,176 | -€425 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,825 | €6,953 | +€2,128 | +44.1% |
| Other operating charges | 640/8 | €2,341 | €2,014 | -€327 | -14.0% |
| Gross operating margin | 9900 | €73,593 | €19,704 | -€53,889 | -73.2% |
| Operating profit (loss) | 9901 | €66,427 | €10,737 | -€55,690 | -83.8% |
| Financial income | 75/76B | - | €165 | +€165 | |
| Recurring financial income | 75 | - | €165 | +€165 | |
| Financial charges | 65/66B | €3,207 | €229 | -€2,978 | -92.9% |
| Recurring financial charges | 65 | €3,207 | €229 | -€2,978 | -92.9% |
| Profit (loss) for the period before taxes | 9903 | €63,220 | €10,673 | -€52,547 | -83.1% |
| Income taxes | 67/77 | €22,213 | €5,685 | -€16,528 | -74.4% |
| Profit (loss) for the period | 9904 | €41,007 | €4,988 | -€36,019 | -87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,007 | €4,988 | -€36,019 | -87.8% |
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 26 October 2026 via checked.be.