DONCHE: 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.
DONCHE
Largest movements
- Stocks and contracts -€1,511
down €1,511 (-24.2%), from €6,250 to €4,739
- Cash +€1,329
up €1,329 (+8.8%), from €15,130 to €16,459
mainly Net result for the year (+€18,507) and Stocks and contracts (+€1,511)
- Tangible fixed assets -€1,038
down €1,038 (-39.0%), from €2,665 to €1,627
of which Plant, machinery and equipment: -€909
- Deferred charges and accrued income +€974
up €974 (+173.8%), from €561 to €1,535
- Profit (loss) carried forward +€18,507
up €18,507 (+44.1%), from -€41,986 to -€23,479
- Debts after one year -€7,597
no longer reported in 2025 (was €7,597)
- Trade debts -€4,631
down €4,631 (-28.6%), from €16,211 to €11,581
- Tax, wage and social debts -€3,307
down €3,307 (-23.4%), from €14,104 to €10,797
of which Taxes: -€3,635
- Current portion of long-term debt -€1,993
down €1,993 (-20.8%), from €9,590 to €7,597
- Gross operating margin +€9,284
up €9,284 (+37.0%), from €25,111 to €34,395
- Taxes +€2,008
up €2,008 (+54.4%), from €3,694 to €5,702
- Depreciation -€1,666
no longer reported in 2025 (was €1,666)
- Write-downs +€1,038
new in 2025: €1,038
- Financial charges -€850
down €850 (-24.3%), from €3,494 to €2,644
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 | €30,720 | €30,447 | -€273 | -0.9% |
| Fixed assets | 21/28 | €5,954 | €4,916 | -€1,038 | -17.4% |
| Tangible fixed assets | 22/27 | €2,665 | €1,627 | -€1,038 | -39.0% |
| Plant, machinery and equipment | 23 | €2,536 | €1,627 | -€909 | -35.9% |
| Furniture and vehicles | 24 | €129 | €0 | -€129 | -100.0% |
| Financial fixed assets | 28 | €3,289 | €3,289 | = | 0.0% |
| Current assets | 29/58 | €24,766 | €25,532 | +€766 | +3.1% |
| Stocks and contracts in progress | 3 | €6,250 | €4,739 | -€1,511 | -24.2% |
| Stocks | 30/36 | €6,250 | €4,739 | -€1,511 | -24.2% |
| Amounts receivable within one year | 40/41 | €2,826 | €2,799 | -€27 | -1.0% |
| Trade receivables | 40 | €2,287 | €2,237 | -€50 | -2.2% |
| Other amounts receivable | 41 | €539 | €562 | +€23 | +4.3% |
| Cash at bank and in hand | 54/58 | €15,130 | €16,459 | +€1,329 | +8.8% |
| Deferred charges and accrued income | 490/1 | €561 | €1,535 | +€974 | +173.8% |
| Total equity and liabilities | 10/49 | €30,720 | €30,447 | -€273 | -0.9% |
| Equity | 10/15 | -€23,394 | -€4,887 | +€18,507 | +79.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,986 | -€23,479 | +€18,507 | +44.1% |
| Amounts payable | 17/49 | €54,114 | €35,335 | -€18,780 | -34.7% |
| Amounts payable after more than one year | 17 | €7,597 | - | -€7,597 | |
| Financial debts | 170/4 | €7,597 | - | -€7,597 | |
| Amounts payable within one year | 42/48 | €46,517 | €35,335 | -€11,183 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €9,590 | €7,597 | -€1,993 | -20.8% |
| Trade debts | 44 | €16,211 | €11,581 | -€4,631 | -28.6% |
| Suppliers | 440/4 | €16,211 | €11,581 | -€4,631 | -28.6% |
| Taxes, remuneration and social security | 45 | €14,104 | €10,797 | -€3,307 | -23.4% |
| Taxes | 450/3 | €13,916 | €10,281 | -€3,635 | -26.1% |
| Remuneration and social security | 454/9 | €188 | €516 | +€328 | +174.3% |
| Other amounts payable | 47/48 | €6,612 | €5,360 | -€1,252 | -18.9% |
| Remuneration, social security and pensions | 62 | €4,699 | €5,176 | +€477 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,666 | - | -€1,666 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,038 | +€1,038 | |
| Other operating charges | 640/8 | €1,725 | €1,336 | -€389 | -22.5% |
| Gross operating margin | 9900 | €25,111 | €34,395 | +€9,284 | +37.0% |
| Operating profit (loss) | 9901 | €17,020 | €26,844 | +€9,824 | +57.7% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €3,494 | €2,644 | -€850 | -24.3% |
| Recurring financial charges | 65 | €3,494 | €2,644 | -€850 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €13,526 | €24,209 | +€10,683 | +79.0% |
| Income taxes | 67/77 | €3,694 | €5,702 | +€2,008 | +54.4% |
| Profit (loss) for the period | 9904 | €9,832 | €18,507 | +€8,675 | +88.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,832 | €18,507 | +€8,675 | +88.2% |
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 8 October 2026 via checked.be.