DONCK: 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.
DONCK
Largest movements
- Tangible fixed assets -€86,702
down €86,702 (-11.4%), from €760,904 to €674,202
of which Furniture and vehicles: -€57,781
- Cash +€49,263
up €49,263 (+44.9%), from €109,837 to €159,100
mainly Depreciation (+€86,702) and Receivables within one year (+€38,010)
- Receivables within one year -€38,010
down €38,010 (-41.5%), from €91,683 to €53,673
of which Other amounts receivable: -€26,518
- Debts after one year -€66,813
down €66,813 (-15.2%), from €439,785 to €372,973
- Tax, wage and social debts +€10,764
up €10,764 (+69.9%), from €15,408 to €26,172
of which Taxes: +€10,764
- Depreciation +€30,041
up €30,041 (+53.0%), from €56,660 to €86,702
- Gross operating margin -€23,891
down €23,891 (-16.7%), from €143,040 to €119,149
- Taxes -€4,620
down €4,620 (-79.5%), from €5,812 to €1,193
- Financial charges +€2,319
up €2,319 (+13.5%), from €17,117 to €19,436
- Other operating charges -€1,589
down €1,589 (-9.6%), from €16,555 to €14,966
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 | €969,223 | €902,036 | -€67,187 | -6.9% |
| Fixed assets | 21/28 | €760,904 | €674,202 | -€86,702 | -11.4% |
| Tangible fixed assets | 22/27 | €760,904 | €674,202 | -€86,702 | -11.4% |
| Land and buildings | 22 | €360,985 | €344,196 | -€16,789 | -4.7% |
| Plant, machinery and equipment | 23 | €5,782 | €2,949 | -€2,832 | -49.0% |
| Furniture and vehicles | 24 | €234,225 | €176,444 | -€57,781 | -24.7% |
| Other tangible fixed assets | 26 | €159,912 | €150,613 | -€9,299 | -5.8% |
| Current assets | 29/58 | €208,319 | €227,834 | +€19,515 | +9.4% |
| Amounts receivable within one year | 40/41 | €91,683 | €53,673 | -€38,010 | -41.5% |
| Trade receivables | 40 | €62,610 | €51,118 | -€11,492 | -18.4% |
| Other amounts receivable | 41 | €29,073 | €2,555 | -€26,518 | -91.2% |
| Cash at bank and in hand | 54/58 | €109,837 | €159,100 | +€49,263 | +44.9% |
| Deferred charges and accrued income | 490/1 | €6,799 | €15,061 | +€8,263 | +121.5% |
| Total equity and liabilities | 10/49 | €969,223 | €902,036 | -€67,187 | -6.9% |
| Equity | 10/15 | €335,969 | €331,988 | -€3,981 | -1.2% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €317,219 | €312,952 | -€4,267 | -1.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €138,320 | €133,804 | -€4,515 | -3.3% |
| Distributable reserves | 133 | €178,899 | €179,148 | +€249 | +0.1% |
| Profit (loss) carried forward | 14 | €0 | €286 | +€286 | |
| Amounts payable | 17/49 | €633,254 | €570,048 | -€63,206 | -10.0% |
| Amounts payable after more than one year | 17 | €439,785 | €372,973 | -€66,813 | -15.2% |
| Financial debts | 170/4 | €439,785 | €372,973 | -€66,813 | -15.2% |
| Amounts payable within one year | 42/48 | €189,076 | €192,706 | +€3,630 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €75,143 | €66,813 | -€8,330 | -11.1% |
| Trade debts | 44 | €37,093 | €36,022 | -€1,071 | -2.9% |
| Suppliers | 440/4 | €37,093 | €36,022 | -€1,071 | -2.9% |
| Taxes, remuneration and social security | 45 | €15,408 | €26,172 | +€10,764 | +69.9% |
| Taxes | 450/3 | €15,408 | €26,172 | +€10,764 | +69.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €61,433 | €63,700 | +€2,267 | +3.7% |
| Accrued charges and deferred income | 492/3 | €4,393 | €4,370 | -€23 | -0.5% |
| Non-recurring operating income | 76A | €27,117 | €0 | -€27,117 | -100.0% |
| Remuneration, social security and pensions | 62 | €761 | €0 | -€761 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,660 | €86,702 | +€30,041 | +53.0% |
| Other operating charges | 640/8 | €16,555 | €14,966 | -€1,589 | -9.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €143,040 | €119,149 | -€23,891 | -16.7% |
| Operating profit (loss) | 9901 | €69,062 | €17,481 | -€51,582 | -74.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €17,117 | €19,436 | +€2,319 | +13.5% |
| Recurring financial charges | 65 | €17,117 | €19,436 | +€2,319 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | €51,945 | -€1,955 | -€53,900 | |
| Income taxes | 67/77 | €5,812 | €1,193 | -€4,620 | -79.5% |
| Profit (loss) for the period | 9904 | €46,133 | -€3,148 | -€49,281 | |
| Transfer from tax-exempt reserves | 789 | - | €4,515 | +€4,515 | |
| Transfer to tax-exempt reserves | 689 | €21,000 | €0 | -€21,000 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,133 | €1,367 | -€23,765 | -94.6% |
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.