DONATANGELO: 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.
DONATANGELO
Largest movements
- Receivables within one year +€37,840
up €37,840 (+45.6%), from €83,007 to €120,847
of which Trade receivables: +€23,876
- Tangible fixed assets -€6,685
down €6,685 (-12.5%), from €53,415 to €46,730
of which Land and buildings: -€7,481
- Profit (loss) carried forward +€39,200
up €39,200 (+603.8%), from €6,492 to €45,692
- Short-term financial debts -€12,832
down €12,832 (-38.7%), from €33,152 to €20,320
- Tax, wage and social debts +€7,966
up €7,966 (+27.7%), from €28,807 to €36,773
of which Taxes: +€15,369
- Debts after one year -€7,896
down €7,896 (-18.9%), from €41,868 to €33,973
- Trade debts +€5,057
up €5,057 (+61.4%), from €8,239 to €13,295
- Gross operating margin +€41,904
up €41,904 (+49.8%), from €84,081 to €125,985
- Taxes +€8,955
up €8,955 (+237.1%), from €3,777 to €12,733
- Staff costs +€2,307
up €2,307 (+3.8%), from €60,332 to €62,639
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 | €140,489 | €172,209 | +€31,720 | +22.6% |
| Fixed assets | 21/28 | €53,415 | €46,730 | -€6,685 | -12.5% |
| Tangible fixed assets | 22/27 | €53,415 | €46,730 | -€6,685 | -12.5% |
| Land and buildings | 22 | €47,753 | €40,271 | -€7,481 | -15.7% |
| Plant, machinery and equipment | 23 | €389 | €276 | -€113 | -29.1% |
| Furniture and vehicles | 24 | €3,190 | €4,364 | +€1,173 | +36.8% |
| Other tangible fixed assets | 26 | €2,083 | €1,819 | -€264 | -12.7% |
| Current assets | 29/58 | €87,074 | €125,479 | +€38,405 | +44.1% |
| Amounts receivable within one year | 40/41 | €83,007 | €120,847 | +€37,840 | +45.6% |
| Trade receivables | 40 | €16,147 | €40,022 | +€23,876 | +147.9% |
| Other amounts receivable | 41 | €66,861 | €80,825 | +€13,964 | +20.9% |
| Cash at bank and in hand | 54/58 | €4,066 | €4,632 | +€565 | +13.9% |
| Total equity and liabilities | 10/49 | €140,489 | €172,209 | +€31,720 | +22.6% |
| Equity | 10/15 | €20,752 | €59,952 | +€39,200 | +188.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,492 | €45,692 | +€39,200 | +603.8% |
| Amounts payable | 17/49 | €119,736 | €112,257 | -€7,480 | -6.2% |
| Amounts payable after more than one year | 17 | €41,868 | €33,973 | -€7,896 | -18.9% |
| Financial debts | 170/4 | €41,868 | €33,973 | -€7,896 | -18.9% |
| Amounts payable within one year | 42/48 | €77,868 | €78,284 | +€416 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €7,670 | €7,896 | +€225 | +2.9% |
| Financial debts | 43 | €33,152 | €20,320 | -€12,832 | -38.7% |
| Credit institutions | 430/8 | €33,152 | €20,320 | -€12,832 | -38.7% |
| Trade debts | 44 | €8,239 | €13,295 | +€5,057 | +61.4% |
| Suppliers | 440/4 | €8,239 | €13,295 | +€5,057 | +61.4% |
| Taxes, remuneration and social security | 45 | €28,807 | €36,773 | +€7,966 | +27.7% |
| Taxes | 450/3 | €7,285 | €22,653 | +€15,369 | +211.0% |
| Remuneration and social security | 454/9 | €21,522 | €14,120 | -€7,402 | -34.4% |
| Remuneration, social security and pensions | 62 | €60,332 | €62,639 | +€2,307 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,296 | €10,271 | -€26 | -0.2% |
| Other operating charges | 640/8 | €842 | €568 | -€274 | -32.5% |
| Non-recurring operating charges | 66A | €3,274 | - | -€3,274 | |
| Gross operating margin | 9900 | €84,081 | €125,985 | +€41,904 | +49.8% |
| Operating profit (loss) | 9901 | €9,337 | €52,507 | +€43,170 | +462.4% |
| Financial income | 75/76B | €5,937 | €5,052 | -€885 | -14.9% |
| Recurring financial income | 75 | €5,937 | €5,052 | -€885 | -14.9% |
| Financial charges | 65/66B | €5,003 | €5,626 | +€623 | +12.4% |
| Recurring financial charges | 65 | €5,003 | €5,626 | +€623 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | €10,270 | €51,932 | +€41,663 | +405.7% |
| Income taxes | 67/77 | €3,777 | €12,733 | +€8,955 | +237.1% |
| Profit (loss) for the period | 9904 | €6,492 | €39,200 | +€32,707 | +503.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,492 | €39,200 | +€32,707 | +503.8% |
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.