Donati: 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.
Donati
Largest movements
- Cash +€9,041
up €9,041 (+21.9%), from €41,296 to €50,337
mainly Net result for the year (+€18,929) and Depreciation (+€5,008)
- Tangible fixed assets -€5,008
down €5,008 (-54.1%), from €9,261 to €4,253
- Receivables within one year +€1,686
up €1,686 (+31.1%), from €5,426 to €7,112
of which Other amounts receivable: +€7,112
- Reserves +€18,929
up €18,929 (+26.0%), from €72,803 to €91,732
of which Distributable reserves: +€18,929
- Tax, wage and social debts -€10,427
down €10,427 (-62.0%), from €16,807 to €6,380
- Trade debts -€2,552
down €2,552 (-27.5%), from €9,296 to €6,743
- Gross operating margin -€9,967
down €9,967 (-24.4%), from €40,839 to €30,873
- Taxes -€5,435
down €5,435 (-40.8%), from €13,329 to €7,895
- Financial income -€1,248
down €1,248 (-43.6%), from €2,861 to €1,613
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,021 | €104,856 | +€5,835 | +5.9% |
| Fixed assets | 21/28 | €9,425 | €4,416 | -€5,008 | -53.1% |
| Tangible fixed assets | 22/27 | €9,261 | €4,253 | -€5,008 | -54.1% |
| Furniture and vehicles | 24 | €9,261 | €4,253 | -€5,008 | -54.1% |
| Financial fixed assets | 28 | €164 | €164 | = | 0.0% |
| Current assets | 29/58 | €89,597 | €100,439 | +€10,843 | +12.1% |
| Amounts receivable after more than one year | 29 | €42,000 | €42,000 | = | 0.0% |
| Other amounts receivable | 291 | €42,000 | €42,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,426 | €7,112 | +€1,686 | +31.1% |
| Trade receivables | 40 | €5,426 | €0 | -€5,426 | -100% |
| Other amounts receivable | 41 | €0 | €7,112 | +€7,112 | |
| Cash at bank and in hand | 54/58 | €41,296 | €50,337 | +€9,041 | +21.9% |
| Deferred charges and accrued income | 490/1 | €875 | €991 | +€115 | +13.2% |
| Total equity and liabilities | 10/49 | €99,021 | €104,856 | +€5,835 | +5.9% |
| Equity | 10/15 | €72,803 | €91,732 | +€18,929 | +26.0% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €72,803 | €91,732 | +€18,929 | +26.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €72,803 | €91,732 | +€18,929 | +26.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,218 | €13,123 | -€13,094 | -49.9% |
| Amounts payable within one year | 42/48 | €26,218 | €13,123 | -€13,094 | -49.9% |
| Trade debts | 44 | €9,296 | €6,743 | -€2,552 | -27.5% |
| Suppliers | 440/4 | €9,296 | €6,743 | -€2,552 | -27.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €16,807 | €6,380 | -€10,427 | -62.0% |
| Taxes | 450/3 | €16,807 | €6,380 | -€10,427 | -62.0% |
| Other amounts payable | 47/48 | €115 | €0 | -€115 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,193 | €5,008 | -€185 | -3.6% |
| Other operating charges | 640/8 | €502 | €507 | +€5 | +1.0% |
| Gross operating margin | 9900 | €40,839 | €30,873 | -€9,967 | -24.4% |
| Operating profit (loss) | 9901 | €35,144 | €25,357 | -€9,787 | -27.8% |
| Financial income | 75/76B | €2,861 | €1,613 | -€1,248 | -43.6% |
| Recurring financial income | 75 | €2,861 | €1,613 | -€1,248 | -43.6% |
| Financial charges | 65/66B | €144 | €147 | +€3 | +2.1% |
| Recurring financial charges | 65 | €144 | €147 | +€3 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €37,862 | €26,824 | -€11,038 | -29.2% |
| Income taxes | 67/77 | €13,329 | €7,895 | -€5,435 | -40.8% |
| Profit (loss) for the period | 9904 | €24,532 | €18,929 | -€5,603 | -22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,532 | €18,929 | -€5,603 | -22.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.