DONCKERS MANAGEMENT: 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.
DONCKERS MANAGEMENT
Largest movements
- Cash -€10,299
down €10,299 (-99.9%), from €10,310 to €11
mainly Debts after one year (-€38,715) and Investment in fixed assets (net) (-€36,009)
- Tangible fixed assets -€9,376
down €9,376 (-1.6%), from €575,172 to €565,797
of which Furniture and vehicles: -€19,844
- Receivables within one year -€6,467
down €6,467 (-37.0%), from €17,467 to €11,000
- Debts after one year -€38,715
down €38,715 (-10.4%), from €372,228 to €333,513
- Other debts +€12,970
up €12,970 (+53.5%), from €24,261 to €37,231
- Gross operating margin -€4,864
down €4,864 (-8.2%), from €59,460 to €54,596
- Depreciation +€2,450
up €2,450 (+5.7%), from €42,935 to €45,385
- Taxes -€1,839
down €1,839 (-58.4%), from €3,151 to €1,312
- Other operating charges +€613
up €613 (+14.7%), from €4,179 to €4,791
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 | €611,178 | €582,740 | -€28,438 | -4.7% |
| Fixed assets | 21/28 | €575,172 | €565,797 | -€9,376 | -1.6% |
| Tangible fixed assets | 22/27 | €575,172 | €565,797 | -€9,376 | -1.6% |
| Land and buildings | 22 | €477,393 | €489,441 | +€12,048 | +2.5% |
| Plant, machinery and equipment | 23 | €399 | €0 | -€399 | -100% |
| Furniture and vehicles | 24 | €78,262 | €58,418 | -€19,844 | -25.4% |
| Other tangible fixed assets | 26 | €19,118 | €17,937 | -€1,180 | -6.2% |
| Current assets | 29/58 | €36,006 | €16,943 | -€19,063 | -52.9% |
| Amounts receivable within one year | 40/41 | €17,467 | €11,000 | -€6,467 | -37.0% |
| Other amounts receivable | 41 | €17,467 | €11,000 | -€6,467 | -37.0% |
| Cash at bank and in hand | 54/58 | €10,310 | €11 | -€10,299 | -99.9% |
| Deferred charges and accrued income | 490/1 | €8,229 | €5,932 | -€2,297 | -27.9% |
| Total equity and liabilities | 10/49 | €611,178 | €582,740 | -€28,438 | -4.7% |
| Equity | 10/15 | €172,232 | €167,969 | -€4,264 | -2.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €153,682 | €149,419 | -€4,264 | -2.8% |
| Distributable reserves | 133 | €153,682 | €149,419 | -€4,264 | -2.8% |
| Amounts payable | 17/49 | €438,946 | €414,771 | -€24,175 | -5.5% |
| Amounts payable after more than one year | 17 | €372,228 | €333,513 | -€38,715 | -10.4% |
| Financial debts | 170/4 | €372,228 | €333,513 | -€38,715 | -10.4% |
| Amounts payable within one year | 42/48 | €66,718 | €81,258 | +€14,540 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | €37,751 | €38,715 | +€964 | +2.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €4,705 | €979 | -€3,727 | -79.2% |
| Suppliers | 440/4 | €4,705 | €979 | -€3,727 | -79.2% |
| Taxes, remuneration and social security | 45 | €0 | €4,333 | +€4,333 | |
| Taxes | 450/3 | €0 | €4,333 | +€4,333 | |
| Other amounts payable | 47/48 | €24,261 | €37,231 | +€12,970 | +53.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,935 | €45,385 | +€2,450 | +5.7% |
| Other operating charges | 640/8 | €4,179 | €4,791 | +€613 | +14.7% |
| Gross operating margin | 9900 | €59,460 | €54,596 | -€4,864 | -8.2% |
| Operating profit (loss) | 9901 | €12,346 | €4,420 | -€7,927 | -64.2% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €7,947 | €7,371 | -€576 | -7.2% |
| Recurring financial charges | 65 | €7,947 | €7,371 | -€576 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €4,401 | -€2,952 | -€7,353 | |
| Income taxes | 67/77 | €3,151 | €1,312 | -€1,839 | -58.4% |
| Profit (loss) for the period | 9904 | €1,250 | -€4,264 | -€5,513 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,250 | -€4,264 | -€5,513 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.