DOLFIJNTJE: 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.
DOLFIJNTJE
Largest movements
- Cash +€54,815
up €54,815 (+30.1%), from €181,991 to €236,806
mainly Net result for the year (+€35,917) and Depreciation (+€23,903)
- Tangible fixed assets -€23,263
down €23,263 (-34.1%), from €68,305 to €45,042
of which Furniture and vehicles: -€17,902
- Reserves +€20,917
up €20,917 (+14.8%), from €141,472 to €162,389
- Other debts +€15,262
up €15,262 (+1602.6%), from €952 to €16,214
- Tax, wage and social debts -€2,983
down €2,983 (-99.3%), from €3,004 to €20
- Depreciation -€4,523
down €4,523 (-15.9%), from €28,426 to €23,903
- Taxes +€1,976
up €1,976 (+12.6%), from €15,695 to €17,671
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 | €256,375 | €289,695 | +€33,320 | +13.0% |
| Fixed assets | 21/28 | €68,305 | €45,042 | -€23,263 | -34.1% |
| Tangible fixed assets | 22/27 | €68,305 | €45,042 | -€23,263 | -34.1% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €19,096 | €13,840 | -€5,257 | -27.5% |
| Furniture and vehicles | 24 | €48,896 | €30,994 | -€17,902 | -36.6% |
| Other tangible fixed assets | 26 | €313 | €209 | -€104 | -33.3% |
| Current assets | 29/58 | €188,070 | €244,653 | +€56,583 | +30.1% |
| Stocks and contracts in progress | 3 | €5,107 | €3,961 | -€1,146 | -22.4% |
| Stocks | 30/36 | €5,107 | €3,961 | -€1,146 | -22.4% |
| Amounts receivable within one year | 40/41 | €155 | €3,031 | +€2,876 | +1849.4% |
| Other amounts receivable | 41 | €155 | €3,031 | +€2,876 | +1849.4% |
| Cash at bank and in hand | 54/58 | €181,991 | €236,806 | +€54,815 | +30.1% |
| Deferred charges and accrued income | 490/1 | €817 | €855 | +€38 | +4.7% |
| Total equity and liabilities | 10/49 | €256,375 | €289,695 | +€33,320 | +13.0% |
| Equity | 10/15 | €151,733 | €172,650 | +€20,917 | +13.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €141,472 | €162,389 | +€20,917 | +14.8% |
| Distributable reserves | 133 | €141,472 | €162,389 | +€20,917 | +14.8% |
| Profit (loss) carried forward | 14 | €261 | €261 | = | 0.0% |
| Amounts payable | 17/49 | €104,642 | €117,045 | +€12,403 | +11.9% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,622 | €17,045 | +€12,423 | +268.8% |
| Trade debts | 44 | €666 | €810 | +€144 | +21.6% |
| Suppliers | 440/4 | €666 | €810 | +€144 | +21.6% |
| Taxes, remuneration and social security | 45 | €3,004 | €20 | -€2,983 | -99.3% |
| Taxes | 450/3 | €3,004 | €20 | -€2,983 | -99.3% |
| Other amounts payable | 47/48 | €952 | €16,214 | +€15,262 | +1602.6% |
| Accrued charges and deferred income | 492/3 | €20 | €0 | -€20 | -100.0% |
| Non-recurring operating income | 76A | €10,031 | €0 | -€10,031 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,426 | €23,903 | -€4,523 | -15.9% |
| Other operating charges | 640/8 | €2,335 | €1,736 | -€598 | -25.6% |
| Gross operating margin | 9900 | €86,790 | €86,775 | -€15 | 0.0% |
| Operating profit (loss) | 9901 | €56,030 | €61,136 | +€5,106 | +9.1% |
| Financial income | 75/76B | €0 | €15 | +€15 | +150000.0% |
| Recurring financial income | 75 | €0 | €15 | +€15 | +150000.0% |
| Financial charges | 65/66B | €7,441 | €7,562 | +€121 | +1.6% |
| Recurring financial charges | 65 | €7,441 | €7,562 | +€121 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €48,589 | €53,589 | +€5,000 | +10.3% |
| Income taxes | 67/77 | €15,695 | €17,671 | +€1,976 | +12.6% |
| Profit (loss) for the period | 9904 | €32,894 | €35,917 | +€3,024 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,894 | €35,917 | +€3,024 | +9.2% |
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 6 October 2026 via checked.be.