DOLCE ROMANO: 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.
DOLCE ROMANO
Largest movements
- Tangible fixed assets +€50,576
up €50,576 (+490%), from €10,327 to €60,904
of which Other tangible fixed assets: +€44,923
- Receivables within one year -€24,278
down €24,278 (-57.2%), from €42,446 to €18,168
- Receivables after one year -€20,500
down €20,500 (-23.6%), from €87,000 to €66,500
- Cash -€16,864
down €16,864 (-97.6%), from €17,276 to €412
mainly Investment in fixed assets (net) (-€52,425) and Net result for the year (-€13,518)
- Financial fixed assets -€2,904
no longer reported in 2025 (was €2,904)
- Profit (loss) carried forward -€13,518
down €13,518 (-22.7%), from €59,679 to €46,161
- Trade debts +€2,599
up €2,599 (+25.0%), from €10,403 to €13,002
- Tax, wage and social debts -€2,536
down €2,536 (-20.5%), from €12,350 to €9,814
of which Remuneration and social security: -€2,072
- Gross operating margin -€40,615
down €40,615 (-44.0%), from €92,232 to €51,618
- Staff costs -€11,114
down €11,114 (-15.6%), from €71,239 to €60,126
- Taxes -€7,006
no longer reported in 2025 (was €7,006)
- Depreciation +€2,481
up €2,481 (+109%), from €2,271 to €4,752
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 | €163,538 | €150,083 | -€13,455 | -8.2% |
| Fixed assets | 21/28 | €13,231 | €60,904 | +€47,673 | +360% |
| Tangible fixed assets | 22/27 | €10,327 | €60,904 | +€50,576 | +490% |
| Plant, machinery and equipment | 23 | €4,165 | €3,319 | -€847 | -20.3% |
| Furniture and vehicles | 24 | €791 | €7,291 | +€6,500 | +822% |
| Other tangible fixed assets | 26 | €5,371 | €50,294 | +€44,923 | +836% |
| Financial fixed assets | 28 | €2,904 | - | -€2,904 | |
| Current assets | 29/58 | €150,307 | €89,179 | -€61,128 | -40.7% |
| Amounts receivable after more than one year | 29 | €87,000 | €66,500 | -€20,500 | -23.6% |
| Other amounts receivable | 291 | €87,000 | €66,500 | -€20,500 | -23.6% |
| Stocks and contracts in progress | 3 | €2,823 | €2,823 | = | 0.0% |
| Stocks | 30/36 | €2,823 | €2,823 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €42,446 | €18,168 | -€24,278 | -57.2% |
| Other amounts receivable | 41 | €42,446 | €18,168 | -€24,278 | -57.2% |
| Cash at bank and in hand | 54/58 | €17,276 | €412 | -€16,864 | -97.6% |
| Deferred charges and accrued income | 490/1 | €762 | €1,276 | +€515 | +67.6% |
| Total equity and liabilities | 10/49 | €163,538 | €150,083 | -€13,455 | -8.2% |
| Equity | 10/15 | €140,785 | €127,267 | -€13,518 | -9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €62,506 | €62,506 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €60,646 | €60,646 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,679 | €46,161 | -€13,518 | -22.7% |
| Amounts payable | 17/49 | €22,753 | €22,816 | +€63 | +0.3% |
| Amounts payable within one year | 42/48 | €22,753 | €22,816 | +€63 | +0.3% |
| Trade debts | 44 | €10,403 | €13,002 | +€2,599 | +25.0% |
| Suppliers | 440/4 | €10,403 | €13,002 | +€2,599 | +25.0% |
| Taxes, remuneration and social security | 45 | €12,350 | €9,814 | -€2,536 | -20.5% |
| Taxes | 450/3 | €4,059 | €3,595 | -€464 | -11.4% |
| Remuneration and social security | 454/9 | €8,291 | €6,219 | -€2,072 | -25.0% |
| Remuneration, social security and pensions | 62 | €71,239 | €60,126 | -€11,114 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,271 | €4,752 | +€2,481 | +109% |
| Other operating charges | 640/8 | €2,474 | €2,063 | -€411 | -16.6% |
| Gross operating margin | 9900 | €92,232 | €51,618 | -€40,615 | -44.0% |
| Operating profit (loss) | 9901 | €16,248 | -€15,323 | -€31,571 | |
| Financial income | 75/76B | €4,176 | €3,511 | -€665 | -15.9% |
| Recurring financial income | 75 | €4,176 | €3,511 | -€665 | -15.9% |
| Financial charges | 65/66B | €1,664 | €1,705 | +€42 | +2.5% |
| Recurring financial charges | 65 | €1,664 | €1,705 | +€42 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €18,760 | -€13,518 | -€32,278 | |
| Income taxes | 67/77 | €7,006 | - | -€7,006 | |
| Profit (loss) for the period | 9904 | €11,755 | -€13,518 | -€25,273 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,755 | -€13,518 | -€25,273 |
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 22 October 2026 via checked.be.