Dolci Angeli: what changed
Dolci Angeli
Largest movements
- Receivables within one year +€5,900
up €5,900 (+30.8%), from €19,162 to €25,062
of which Trade receivables: +€16,190
- Cash +€3,791
up €3,791 (+59.5%), from €6,368 to €10,160
mainly Trade debts (+€22,160) and Depreciation (+€16,000)
- Tangible fixed assets -€1,350
down €1,350 (-2.8%), from €48,000 to €46,650
- Trade debts +€22,160
up €22,160 (+2,336%), from €948 to €23,108
- Other debts -€12,059
down €12,059 (-92.3%), from €13,060 to €1,001
- Tax, wage and social debts -€3,973
down €3,973 (-35.4%), from €11,217 to €7,244
- Profit (loss) carried forward +€2,214
new in 2025: €2,214
- Gross operating margin -€9,141
down €9,141 (-26.6%), from €34,404 to €25,263
- Taxes -€3,566
down €3,566 (-46.7%), from €7,638 to €4,071
- Other operating charges +€2,264
up €2,264 (+4,271%), from €53 to €2,317
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 | €73,530 | €81,871 | +€8,342 | +11.3% |
| Fixed assets | 21/28 | €48,000 | €46,650 | -€1,350 | -2.8% |
| Tangible fixed assets | 22/27 | €48,000 | €46,650 | -€1,350 | -2.8% |
| Plant, machinery and equipment | 23 | €48,000 | €46,650 | -€1,350 | -2.8% |
| Current assets | 29/58 | €25,530 | €35,221 | +€9,692 | +38.0% |
| Amounts receivable within one year | 40/41 | €19,162 | €25,062 | +€5,900 | +30.8% |
| Trade receivables | 40 | €581 | €16,771 | +€16,190 | +2,786% |
| Other amounts receivable | 41 | €18,581 | €8,291 | -€10,290 | -55.4% |
| Cash at bank and in hand | 54/58 | €6,368 | €10,160 | +€3,791 | +59.5% |
| Total equity and liabilities | 10/49 | €73,530 | €81,871 | +€8,342 | +11.3% |
| Equity | 10/15 | €48,304 | €50,518 | +€2,214 | +4.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €43,304 | €43,304 | = | 0.0% |
| Distributable reserves | 133 | €43,304 | €43,304 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €2,214 | +€2,214 | |
| Amounts payable | 17/49 | €25,226 | €31,353 | +€6,127 | +24.3% |
| Amounts payable within one year | 42/48 | €25,226 | €31,353 | +€6,127 | +24.3% |
| Trade debts | 44 | €948 | €23,108 | +€22,160 | +2,336% |
| Suppliers | 440/4 | €948 | €23,108 | +€22,160 | +2,336% |
| Taxes, remuneration and social security | 45 | €11,217 | €7,244 | -€3,973 | -35.4% |
| Taxes | 450/3 | €11,217 | €7,244 | -€3,973 | -35.4% |
| Other amounts payable | 47/48 | €13,060 | €1,001 | -€12,059 | -92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,000 | €16,000 | = | 0.0% |
| Other operating charges | 640/8 | €53 | €2,317 | +€2,264 | +4,271% |
| Non-recurring operating charges | 66A | - | €326 | +€326 | |
| Gross operating margin | 9900 | €34,404 | €25,263 | -€9,141 | -26.6% |
| Operating profit (loss) | 9901 | €18,351 | €6,621 | -€11,731 | -63.9% |
| Financial charges | 65/66B | €346 | €335 | -€11 | -3.1% |
| Recurring financial charges | 65 | €346 | €335 | -€11 | -3.1% |
| Non-recurring financial charges | 66B | €346 | - | -€346 | |
| Profit (loss) for the period before taxes | 9903 | €18,005 | €6,285 | -€11,720 | -65.1% |
| Income taxes | 67/77 | €7,638 | €4,071 | -€3,566 | -46.7% |
| Profit (loss) for the period | 9904 | €10,367 | €2,214 | -€8,153 | -78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,367 | €2,214 | -€8,153 | -78.6% |
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 7 November 2026 via checked.be.