DONATH: 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.
DONATH
Largest movements
- Cash +€12,125
up €12,125 (+34.6%), from €35,047 to €47,172
mainly Other debts (+€29,855) and Net result for the year (+€19,068)
- Receivables within one year +€5,737
up €5,737 (+47.4%), from €12,097 to €17,835
of which Trade receivables: +€6,186
- Tangible fixed assets -€2,085
down €2,085 (-21.6%), from €9,654 to €7,569
of which Furniture and vehicles: -€1,509
- Other debts +€29,855
up €29,855 (+478.1%), from €6,245 to €36,100
- Reserves -€17,032
down €17,032 (-20.8%), from €81,717 to €64,685
of which Distributable reserves: -€17,032
- Tax, wage and social debts +€2,460
up €2,460 (+74.1%), from €3,322 to €5,783
- Gross operating margin +€2,617
up €2,617 (+9.4%), from €27,976 to €30,593
- Taxes +€333
up €333 (+4.7%), from €7,107 to €7,440
- Financial income -€327
down €327 (-46.7%), from €700 to €373
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 | €97,741 | €113,766 | +€16,025 | +16.4% |
| Fixed assets | 21/28 | €9,654 | €7,569 | -€2,085 | -21.6% |
| Tangible fixed assets | 22/27 | €9,654 | €7,569 | -€2,085 | -21.6% |
| Land and buildings | 22 | €2,796 | €2,402 | -€394 | -14.1% |
| Plant, machinery and equipment | 23 | €2,633 | €2,452 | -€181 | -6.9% |
| Furniture and vehicles | 24 | €4,225 | €2,715 | -€1,509 | -35.7% |
| Current assets | 29/58 | €88,087 | €106,197 | +€18,110 | +20.6% |
| Amounts receivable after more than one year | 29 | €24,722 | €24,722 | = | 0.0% |
| Other amounts receivable | 291 | €24,722 | €24,722 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,097 | €17,835 | +€5,737 | +47.4% |
| Trade receivables | 40 | €11,616 | €17,802 | +€6,186 | +53.3% |
| Other amounts receivable | 41 | €482 | €33 | -€448 | -93.1% |
| Current investments | 50/53 | €13,900 | €13,900 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €35,047 | €47,172 | +€12,125 | +34.6% |
| Deferred charges and accrued income | 490/1 | €2,322 | €2,568 | +€247 | +10.6% |
| Total equity and liabilities | 10/49 | €97,741 | €113,766 | +€16,025 | +16.4% |
| Equity | 10/15 | €87,919 | €70,887 | -€17,032 | -19.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €81,717 | €64,685 | -€17,032 | -20.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €79,857 | €62,825 | -€17,032 | -21.3% |
| Profit (loss) carried forward | 14 | €2 | €2 | = | 0.0% |
| Amounts payable | 17/49 | €9,822 | €42,879 | +€33,057 | +336.6% |
| Amounts payable within one year | 42/48 | €9,822 | €42,879 | +€33,057 | +336.6% |
| Trade debts | 44 | €255 | €996 | +€741 | +290.9% |
| Suppliers | 440/4 | €255 | €996 | +€741 | +290.9% |
| Taxes, remuneration and social security | 45 | €3,322 | €5,783 | +€2,460 | +74.1% |
| Taxes | 450/3 | €3,322 | €5,783 | +€2,460 | +74.1% |
| Other amounts payable | 47/48 | €6,245 | €36,100 | +€29,855 | +478.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,648 | €3,660 | +€12 | +0.3% |
| Other operating charges | 640/8 | €568 | €647 | +€78 | +13.7% |
| Gross operating margin | 9900 | €27,976 | €30,593 | +€2,617 | +9.4% |
| Operating profit (loss) | 9901 | €23,760 | €26,286 | +€2,526 | +10.6% |
| Financial income | 75/76B | €700 | €373 | -€327 | -46.7% |
| Recurring financial income | 75 | €700 | €373 | -€327 | -46.7% |
| Financial charges | 65/66B | €81 | €152 | +€71 | +88.1% |
| Recurring financial charges | 65 | €81 | €152 | +€71 | +88.1% |
| Profit (loss) for the period before taxes | 9903 | €24,380 | €26,508 | +€2,128 | +8.7% |
| Income taxes | 67/77 | €7,107 | €7,440 | +€333 | +4.7% |
| Profit (loss) for the period | 9904 | €17,273 | €19,068 | +€1,795 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,273 | €19,068 | +€1,795 | +10.4% |
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 29 September 2026 via checked.be.