DONAK: 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.
DONAK
Largest movements
- Cash +€165,805
up €165,805 (+36.4%), from €455,274 to €621,079
mainly Net result for the year (+€250,023) and Tax, wage and social debts (+€61,331)
- Receivables within one year -€27,553
down €27,553 (-61.5%), from €44,789 to €17,236
of which Other amounts receivable: -€27,553
- Reserves +€250,023
up €250,023 (+36.0%), from €693,793 to €943,816
of which Distributable reserves: +€250,023
- Other debts -€128,592
down €128,592 (-90.5%), from €142,063 to €13,471
- Tax, wage and social debts +€61,331
up €61,331 (+465.2%), from €13,184 to €74,515
- Debts after one year -€34,757
down €34,757 (-36.4%), from €95,575 to €60,818
- Current portion of long-term debt +€34,757
new in 2025: €34,757
- Financial income +€201,685
new in 2025: €201,685
- Gross operating margin +€93,742
up €93,742 (+168.2%), from €55,742 to €149,484
- Taxes +€39,175
up €39,175 (+314.7%), from €12,447 to €51,622
- Depreciation +€20,274
up €20,274 (+155.0%), from €13,079 to €33,352
- Other operating charges +€9,005
up €9,005 (+319.9%), from €2,815 to €11,820
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 | €1,054,075 | €1,194,446 | +€140,371 | +13.3% |
| Fixed assets | 21/28 | €541,612 | €549,631 | +€8,019 | +1.5% |
| Tangible fixed assets | 22/27 | €142,311 | €150,330 | +€8,019 | +5.6% |
| Furniture and vehicles | 24 | €142,311 | €150,330 | +€8,019 | +5.6% |
| Financial fixed assets | 28 | €399,302 | €399,302 | = | 0.0% |
| Current assets | 29/58 | €512,462 | €644,815 | +€132,352 | +25.8% |
| Amounts receivable within one year | 40/41 | €44,789 | €17,236 | -€27,553 | -61.5% |
| Trade receivables | 40 | €17,236 | €17,236 | = | 0.0% |
| Other amounts receivable | 41 | €27,553 | - | -€27,553 | |
| Cash at bank and in hand | 54/58 | €455,274 | €621,079 | +€165,805 | +36.4% |
| Deferred charges and accrued income | 490/1 | €12,400 | €6,500 | -€5,900 | -47.6% |
| Total equity and liabilities | 10/49 | €1,054,075 | €1,194,446 | +€140,371 | +13.3% |
| Equity | 10/15 | €755,793 | €1,005,816 | +€250,023 | +33.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €693,793 | €943,816 | +€250,023 | +36.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €687,593 | €937,616 | +€250,023 | +36.4% |
| Amounts payable | 17/49 | €298,282 | €188,630 | -€109,652 | -36.8% |
| Amounts payable after more than one year | 17 | €95,575 | €60,818 | -€34,757 | -36.4% |
| Financial debts | 170/4 | €95,575 | €60,818 | -€34,757 | -36.4% |
| Amounts payable within one year | 42/48 | €202,320 | €127,812 | -€74,507 | -36.8% |
| Current portion of amounts payable after more than one year | 42 | - | €34,757 | +€34,757 | |
| Financial debts | 43 | €33,513 | - | -€33,513 | |
| Credit institutions | 430/8 | €33,513 | - | -€33,513 | |
| Trade debts | 44 | €13,560 | €5,070 | -€8,490 | -62.6% |
| Suppliers | 440/4 | €13,560 | €5,070 | -€8,490 | -62.6% |
| Taxes, remuneration and social security | 45 | €13,184 | €74,515 | +€61,331 | +465.2% |
| Taxes | 450/3 | €13,184 | €74,515 | +€61,331 | +465.2% |
| Other amounts payable | 47/48 | €142,063 | €13,471 | -€128,592 | -90.5% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,079 | €33,352 | +€20,274 | +155.0% |
| Other operating charges | 640/8 | €2,815 | €11,820 | +€9,005 | +319.9% |
| Gross operating margin | 9900 | €55,742 | €149,484 | +€93,742 | +168.2% |
| Operating profit (loss) | 9901 | €39,849 | €104,312 | +€64,464 | +161.8% |
| Financial income | 75/76B | - | €201,685 | +€201,685 | |
| Recurring financial income | 75 | - | €201,685 | +€201,685 | |
| Financial charges | 65/66B | €1,793 | €4,352 | +€2,559 | +142.7% |
| Recurring financial charges | 65 | €1,793 | €4,352 | +€2,559 | +142.7% |
| Profit (loss) for the period before taxes | 9903 | €38,055 | €301,645 | +€263,590 | +692.7% |
| Income taxes | 67/77 | €12,447 | €51,622 | +€39,175 | +314.7% |
| Profit (loss) for the period | 9904 | €25,608 | €250,023 | +€224,415 | +876.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,608 | €250,023 | +€224,415 | +876.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.