DOMINO: 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.
What changed
DOMINO
NACE 16.210, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€206,104
2024 · €5,480-€211,584
Equity
€618,592
2024 · €824,696-€206,104
Cash
€33,135
2024 · €65,188-€32,053
Balance sheet total
€2.8m
2024 · €2.5m+€314,501
Largest movements
Assets
- Tangible fixed assets +€238,578
up €238,578 (+19.0%), from €1.3m to €1.5m
of which Plant, machinery and equipment: +€341,679
- Stocks and contracts +€125,384
up €125,384 (+16.2%), from €772,746 to €898,130
of which Stocks: +€92,438
- Cash -€32,053
down €32,053 (-49.2%), from €65,188 to €33,135
mainly Investment in fixed assets (net) (-€399,792) and Net result for the year (-€206,104)
Equity and liabilities
- Debts after one year +€181,980
up €181,980 (+37.1%), from €491,051 to €673,031
- Reserves -€151,408
down €151,408 (-26.6%), from €570,000 to €418,592
of which Distributable reserves: -€151,408
- Short-term financial debts +€150,938
up €150,938 (+49.2%), from €306,939 to €457,878
- Trade debts +€109,675
up €109,675 (+32.9%), from €333,584 to €443,259
- Current portion of long-term debt +€61,707
up €61,707 (+42.4%), from €145,401 to €207,109
Income statement
- Gross operating margin -€318,355
down €318,355 (-16.7%), from €1.9m to €1.6m
- Staff costs -€149,528
down €149,528 (-9.1%), from €1.6m to €1.5m
- Financial charges +€36,977
up €36,977 (+87.3%), from €42,366 to €79,343
- Write-downs +€20,273
up €20,273, from -€9,296 to €10,977
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.
Result 2024
€5,480
Gross operating margin
-€318,355
Staff costs
+€149,528
Depreciation
+€14,538
Write-downs
-€20,273
Other operating charges
-€2,307
Other operating items
+€111
Financial income
+€2,112
Financial charges
-€36,977
Taxes
+€39
Result 2025
-€206,104
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€26,886
Investment
-€399,792
Financing
+€394,626
Cash 2024
€65,188
From operations (derived)
-€26,886
Net result for the year
-€206,104
Depreciation
+€161,214
Stocks and contracts
-€125,384
Receivables within one year
+€14,369
Deferred charges and accrued income
+€3,038
Trade debts
+€109,675
Tax, wage and social debts
-€21,685
Advances received
+€22,952
Other debts
+€9,710
Accrued charges and deferred income
+€5,327
Investment (derived)
-€399,792
Investment in fixed assets (net)
-€399,792
Financing
+€394,626
Debts after one year
+€181,980
Current portion of long-term debt
+€61,707
Short-term financial debts
+€150,938
Cash 2025
€33,135
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,473,667 | €2,788,168 | +€314,501 | +12.7% |
| Fixed assets | 21/28 | €1,274,474 | €1,513,052 | +€238,578 | +18.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €1,256,728 | €1,495,306 | +€238,578 | +19.0% |
| Land and buildings | 22 | €339,771 | €304,511 | -€35,260 | -10.4% |
| Plant, machinery and equipment | 23 | €525,532 | €867,211 | +€341,679 | +65.0% |
| Furniture and vehicles | 24 | €276,740 | €227,349 | -€49,392 | -17.8% |
| Leasing and similar rights | 25 | €114,685 | €96,236 | -€18,450 | -16.1% |
| Financial fixed assets | 28 | €17,745 | €17,745 | = | 0.0% |
| Current assets | 29/58 | €1,199,193 | €1,275,117 | +€75,923 | +6.3% |
| Stocks and contracts in progress | 3 | €772,746 | €898,130 | +€125,384 | +16.2% |
| Stocks | 30/36 | €632,813 | €725,252 | +€92,438 | +14.6% |
| Contracts in progress | 37 | €139,933 | €172,878 | +€32,945 | +23.5% |
| Amounts receivable within one year | 40/41 | €354,027 | €339,657 | -€14,369 | -4.1% |
| Trade receivables | 40 | €267,140 | €242,361 | -€24,779 | -9.3% |
| Other amounts receivable | 41 | €86,886 | €97,296 | +€10,410 | +12.0% |
| Cash at bank and in hand | 54/58 | €65,188 | €33,135 | -€32,053 | -49.2% |
| Deferred charges and accrued income | 490/1 | €7,233 | €4,195 | -€3,038 | -42.0% |
| Total equity and liabilities | 10/49 | €2,473,667 | €2,788,168 | +€314,501 | +12.7% |
| Equity | 10/15 | €824,696 | €618,592 | -€206,104 | -25.0% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €570,000 | €418,592 | -€151,408 | -26.6% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €550,000 | €398,592 | -€151,408 | -27.5% |
| Profit (loss) carried forward | 14 | €54,696 | - | -€54,696 | |
| Amounts payable | 17/49 | €1,648,971 | €2,169,576 | +€520,605 | +31.6% |
| Amounts payable after more than one year | 17 | €491,051 | €673,031 | +€181,980 | +37.1% |
| Financial debts | 170/4 | €491,051 | €673,031 | +€181,980 | +37.1% |
| Amounts payable within one year | 42/48 | €1,152,157 | €1,485,456 | +€333,298 | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €145,401 | €207,109 | +€61,707 | +42.4% |
| Financial debts | 43 | €306,939 | €457,878 | +€150,938 | +49.2% |
| Credit institutions | 430/8 | €306,939 | €457,878 | +€150,938 | +49.2% |
| Trade debts | 44 | €333,584 | €443,259 | +€109,675 | +32.9% |
| Suppliers | 440/4 | €333,584 | €443,259 | +€109,675 | +32.9% |
| Advances received on contracts in progress | 46 | €137,830 | €160,782 | +€22,952 | +16.7% |
| Taxes, remuneration and social security | 45 | €212,402 | €190,718 | -€21,685 | -10.2% |
| Taxes | 450/3 | €19,449 | €3,127 | -€16,322 | -83.9% |
| Remuneration and social security | 454/9 | €192,954 | €187,591 | -€5,363 | -2.8% |
| Other amounts payable | 47/48 | €16,000 | €25,710 | +€9,710 | +60.7% |
| Accrued charges and deferred income | 492/3 | €5,762 | €11,089 | +€5,327 | +92.4% |
| Non-recurring operating income | 76A | €14,308 | €242,156 | +€227,848 | +1,592% |
| Remuneration, social security and pensions | 62 | €1,645,522 | €1,495,994 | -€149,528 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175,752 | €161,214 | -€14,538 | -8.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€9,296 | €10,977 | +€20,273 | |
| Other operating charges | 640/8 | €55,581 | €57,888 | +€2,307 | +4.2% |
| Non-recurring operating charges | 66A | €111 | - | -€111 | |
| Gross operating margin | 9900 | €1,910,473 | €1,592,118 | -€318,355 | -16.7% |
| Operating profit (loss) | 9901 | €42,803 | -€133,955 | -€176,757 | |
| Financial income | 75/76B | €6,090 | €8,202 | +€2,112 | +34.7% |
| Recurring financial income | 75 | €6,090 | €8,202 | +€2,112 | +34.7% |
| Financial charges | 65/66B | €42,366 | €79,343 | +€36,977 | +87.3% |
| Recurring financial charges | 65 | €42,366 | €79,343 | +€36,977 | +87.3% |
| Profit (loss) for the period before taxes | 9903 | €6,526 | -€205,096 | -€211,622 | |
| Income taxes | 67/77 | €1,047 | €1,008 | -€39 | -3.7% |
| Profit (loss) for the period | 9904 | €5,480 | -€206,104 | -€211,584 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,480 | -€206,104 | -€211,584 |
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 15 October 2026 via checked.be.