Dolders: what changed
Two fiscal 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.
Dolders
Largest movements
- Receivables within one year -€183,136
down €183,136 (-63.6%), from €288,003 to €104,867
of which Trade receivables: -€195,820
- Cash +€158,611
up €158,611 (+101.8%), from €155,769 to €314,380
mainly Net result for the year (+€403,710) and Receivables within one year (+€183,136)
- Tangible fixed assets +€15,066
up €15,066 (+16.6%), from €90,798 to €105,863
of which Furniture and vehicles: +€15,484
- Deferred charges and accrued income +€5,545
up €5,545 (+84.6%), from €6,558 to €12,104
- Debts after one year -€17,620
down €17,620 (-100.0%), from €17,620 to €0
- Trade debts +€12,008
up €12,008 (+171.1%), from €7,017 to €19,025
- Gross operating margin -€51,093
down €51,093 (-6.8%), from €748,283 to €697,190
- Staff costs -€37,091
down €37,091 (-27.2%), from €136,500 to €99,409
- Taxes -€12,276
down €12,276 (-8.1%), from €151,282 to €139,006
- Financial income -€11,779
down €11,779 (-99.3%), from €11,864 to €85
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.
Cash bridge derived
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 | €547,116 | €543,202 | -€3,914 | -0.7% |
| Fixed assets | 21/28 | €96,785 | €111,851 | +€15,066 | +15.6% |
| Tangible fixed assets | 22/27 | €90,798 | €105,863 | +€15,066 | +16.6% |
| Plant, machinery and equipment | 23 | €419 | €0 | -€419 | -100.0% |
| Furniture and vehicles | 24 | €90,379 | €105,863 | +€15,484 | +17.1% |
| Financial fixed assets | 28 | €5,988 | €5,988 | = | 0.0% |
| Current assets | 29/58 | €450,330 | €431,351 | -€18,980 | -4.2% |
| Amounts receivable within one year | 40/41 | €288,003 | €104,867 | -€183,136 | -63.6% |
| Trade receivables | 40 | €285,594 | €89,774 | -€195,820 | -68.6% |
| Other amounts receivable | 41 | €2,409 | €15,093 | +€12,683 | +526.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €155,769 | €314,380 | +€158,611 | +101.8% |
| Deferred charges and accrued income | 490/1 | €6,558 | €12,104 | +€5,545 | +84.6% |
| Total equity and liabilities | 10/49 | €547,116 | €543,202 | -€3,914 | -0.7% |
| Equity | 10/15 | €66,601 | €70,312 | +€3,710 | +5.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €64,000 | €68,000 | +€4,000 | +6.3% |
| Distributable reserves | 133 | €64,000 | €68,000 | +€4,000 | +6.3% |
| Profit (loss) carried forward | 14 | €601 | €312 | -€290 | -48.2% |
| Amounts payable | 17/49 | €480,514 | €472,890 | -€7,624 | -1.6% |
| Amounts payable after more than one year | 17 | €17,620 | €0 | -€17,620 | -100.0% |
| Financial debts | 170/4 | €17,620 | €0 | -€17,620 | -100.0% |
| Amounts payable within one year | 42/48 | €462,895 | €472,890 | +€9,995 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €21,161 | €17,620 | -€3,542 | -16.7% |
| Trade debts | 44 | €7,017 | €19,025 | +€12,008 | +171.1% |
| Suppliers | 440/4 | €7,017 | €19,025 | +€12,008 | +171.1% |
| Taxes, remuneration and social security | 45 | €34,716 | €36,245 | +€1,529 | +4.4% |
| Taxes | 450/3 | €23,975 | €24,059 | +€84 | +0.4% |
| Remuneration and social security | 454/9 | €10,740 | €12,186 | +€1,445 | +13.5% |
| Other amounts payable | 47/48 | €400,000 | €400,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €6,683 | +€6,683 | |
| Remuneration, social security and pensions | 62 | €136,500 | €99,409 | -€37,091 | -27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,020 | €48,900 | +€3,880 | +8.6% |
| Other operating charges | 640/8 | €1,773 | €5,775 | +€4,002 | +225.7% |
| Gross operating margin | 9900 | €748,283 | €697,190 | -€51,093 | -6.8% |
| Operating profit (loss) | 9901 | €564,990 | €543,106 | -€21,884 | -3.9% |
| Financial income | 75/76B | €11,864 | €85 | -€11,779 | -99.3% |
| Recurring financial income | 75 | €11,864 | €85 | -€11,779 | -99.3% |
| Financial charges | 65/66B | €759 | €475 | -€284 | -37.4% |
| Recurring financial charges | 65 | €759 | €475 | -€284 | -37.4% |
| Profit (loss) for the period before taxes | 9903 | €576,095 | €542,716 | -€33,379 | -5.8% |
| Income taxes | 67/77 | €151,282 | €139,006 | -€12,276 | -8.1% |
| Profit (loss) for the period | 9904 | €424,813 | €403,710 | -€21,102 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €424,813 | €403,710 | -€21,102 | -5.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.