DOLÉART: 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.
DOLÉART
Largest movements
- Tangible fixed assets +€19,234
up €19,234 (+596.2%), from €3,226 to €22,461
- Receivables within one year +€11,733
up €11,733 (+49.2%), from €23,843 to €35,577
of which Other amounts receivable: +€18,558
- Cash -€10,104
down €10,104 (-6.8%), from €147,737 to €137,633
mainly Investment in fixed assets (net) (-€26,520) and Receivables within one year (-€11,733)
- Profit (loss) carried forward +€35,651
up €35,651 (+24.9%), from €142,949 to €178,600
- Trade debts -€6,339
down €6,339 (-97.5%), from €6,504 to €165
- Tax, wage and social debts -€5,620
down €5,620 (-42.2%), from €13,310 to €7,691
of which Taxes: -€5,616
- Accrued charges and deferred income -€4,252
no longer reported in 2025 (was €4,252)
- Gross operating margin -€77,325
down €77,325 (-59.0%), from €130,986 to €53,661
- Taxes -€22,558
down €22,558 (-67.9%), from €33,224 to €10,667
- Depreciation +€6,952
up €6,952 (+2086.3%), from €333 to €7,286
- Financial charges -€1,930
down €1,930 (-97.0%), from €1,989 to €59
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 | €323,321 | €344,185 | +€20,864 | +6.5% |
| Fixed assets | 21/28 | €3,226 | €22,461 | +€19,234 | +596.2% |
| Tangible fixed assets | 22/27 | €3,226 | €22,461 | +€19,234 | +596.2% |
| Furniture and vehicles | 24 | €3,226 | €22,461 | +€19,234 | +596.2% |
| Current assets | 29/58 | €320,095 | €321,724 | +€1,629 | +0.5% |
| Amounts receivable within one year | 40/41 | €23,843 | €35,577 | +€11,733 | +49.2% |
| Trade receivables | 40 | €23,068 | €16,243 | -€6,824 | -29.6% |
| Other amounts receivable | 41 | €776 | €19,333 | +€18,558 | +2392.6% |
| Current investments | 50/53 | €148,515 | €148,515 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €147,737 | €137,633 | -€10,104 | -6.8% |
| Total equity and liabilities | 10/49 | €323,321 | €344,185 | +€20,864 | +6.5% |
| Equity | 10/15 | €296,677 | €332,328 | +€35,651 | +12.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €148,728 | €148,728 | = | 0.0% |
| Distributable reserves | 133 | €148,728 | €148,728 | = | 0.0% |
| Profit (loss) carried forward | 14 | €142,949 | €178,600 | +€35,651 | +24.9% |
| Amounts payable | 17/49 | €26,645 | €11,857 | -€14,787 | -55.5% |
| Amounts payable within one year | 42/48 | €22,393 | €11,857 | -€10,535 | -47.0% |
| Financial debts | 43 | - | €1,549 | +€1,549 | |
| Credit institutions | 430/8 | - | €1,549 | +€1,549 | |
| Trade debts | 44 | €6,504 | €165 | -€6,339 | -97.5% |
| Suppliers | 440/4 | €6,504 | €165 | -€6,339 | -97.5% |
| Taxes, remuneration and social security | 45 | €13,310 | €7,691 | -€5,620 | -42.2% |
| Taxes | 450/3 | €11,127 | €5,511 | -€5,616 | -50.5% |
| Remuneration and social security | 454/9 | €2,183 | €2,180 | -€3 | -0.2% |
| Other amounts payable | 47/48 | €2,579 | €2,453 | -€126 | -4.9% |
| Accrued charges and deferred income | 492/3 | €4,252 | - | -€4,252 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €333 | €7,286 | +€6,952 | +2086.3% |
| Gross operating margin | 9900 | €130,986 | €53,661 | -€77,325 | -59.0% |
| Operating profit (loss) | 9901 | €130,653 | €46,376 | -€84,278 | -64.5% |
| Financial income | 75/76B | €48 | €1 | -€47 | -97.8% |
| Recurring financial income | 75 | €48 | €1 | -€47 | -97.8% |
| Financial charges | 65/66B | €1,989 | €59 | -€1,930 | -97.0% |
| Recurring financial charges | 65 | €1,989 | €59 | -€1,930 | -97.0% |
| Profit (loss) for the period before taxes | 9903 | €128,712 | €46,318 | -€82,394 | -64.0% |
| Income taxes | 67/77 | €33,224 | €10,667 | -€22,558 | -67.9% |
| Profit (loss) for the period | 9904 | €95,487 | €35,651 | -€59,836 | -62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €95,487 | €35,651 | -€59,836 | -62.7% |
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 7 October 2026 via checked.be.