DONCKERS STABLES: 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 STABLES
Largest movements
- Tangible fixed assets -€6,305
down €6,305 (-30.4%), from €20,749 to €14,444
of which Other tangible fixed assets: -€3,736
- Receivables within one year -€3,615
down €3,615 (-20.8%), from €17,353 to €13,739
of which Other amounts receivable: -€2,104
- Cash -€661
down €661 (-3.8%), from €17,471 to €16,810
mainly Other debts (-€12,338) and Trade debts (-€944)
- Other debts -€12,338
down €12,338 (-44.3%), from €27,872 to €15,534
- Profit (loss) carried forward +€2,494
up €2,494 (+45.8%), from -€5,448 to -€2,955
- Trade debts -€944
down €944 (-21.1%), from €4,471 to €3,528
- Tax, wage and social debts +€760
up €760 (+40.7%), from €1,866 to €2,627
- Gross operating margin +€3,572
up €3,572 (+42.0%), from €8,500 to €12,072
- Financial charges -€819
down €819 (-32.2%), from €2,544 to €1,725
- Depreciation -€619
down €619 (-8.9%), from €6,925 to €6,305
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 | €64,459 | €54,471 | -€9,988 | -15.5% |
| Fixed assets | 21/28 | €20,749 | €14,594 | -€6,155 | -29.7% |
| Tangible fixed assets | 22/27 | €20,749 | €14,444 | -€6,305 | -30.4% |
| Plant, machinery and equipment | 23 | €420 | - | -€420 | |
| Furniture and vehicles | 24 | €2,294 | €144 | -€2,150 | -93.7% |
| Other tangible fixed assets | 26 | €18,035 | €14,299 | -€3,736 | -20.7% |
| Financial fixed assets | 28 | - | €150 | +€150 | |
| Current assets | 29/58 | €43,710 | €39,877 | -€3,832 | -8.8% |
| Stocks and contracts in progress | 3 | €343 | €430 | +€88 | +25.5% |
| Stocks | 30/36 | €343 | €430 | +€88 | +25.5% |
| Amounts receivable within one year | 40/41 | €17,353 | €13,739 | -€3,615 | -20.8% |
| Trade receivables | 40 | €15,201 | €13,690 | -€1,511 | -9.9% |
| Other amounts receivable | 41 | €2,153 | €48 | -€2,104 | -97.8% |
| Cash at bank and in hand | 54/58 | €17,471 | €16,810 | -€661 | -3.8% |
| Deferred charges and accrued income | 490/1 | €8,542 | €8,898 | +€356 | +4.2% |
| Total equity and liabilities | 10/49 | €64,459 | €54,471 | -€9,988 | -15.5% |
| Equity | 10/15 | €25,552 | €28,045 | +€2,494 | +9.8% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,448 | -€2,955 | +€2,494 | +45.8% |
| Amounts payable | 17/49 | €38,907 | €26,426 | -€12,481 | -32.1% |
| Amounts payable within one year | 42/48 | €34,209 | €21,688 | -€12,521 | -36.6% |
| Trade debts | 44 | €4,471 | €3,528 | -€944 | -21.1% |
| Suppliers | 440/4 | €4,471 | €3,528 | -€944 | -21.1% |
| Taxes, remuneration and social security | 45 | €1,866 | €2,627 | +€760 | +40.7% |
| Taxes | 450/3 | €1,866 | €2,627 | +€760 | +40.7% |
| Other amounts payable | 47/48 | €27,872 | €15,534 | -€12,338 | -44.3% |
| Accrued charges and deferred income | 492/3 | €4,698 | €4,738 | +€40 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,925 | €6,305 | -€619 | -8.9% |
| Other operating charges | 640/8 | €1,519 | €1,639 | +€119 | +7.9% |
| Gross operating margin | 9900 | €8,500 | €12,072 | +€3,572 | +42.0% |
| Operating profit (loss) | 9901 | €56 | €4,128 | +€4,072 | +7,304% |
| Financial income | 75/76B | €84 | €91 | +€7 | +8.8% |
| Recurring financial income | 75 | €84 | €91 | +€7 | +8.8% |
| Financial charges | 65/66B | €2,544 | €1,725 | -€819 | -32.2% |
| Recurring financial charges | 65 | €2,544 | €1,725 | -€819 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,404 | €2,494 | +€4,898 | |
| Profit (loss) for the period | 9904 | -€2,404 | €2,494 | +€4,898 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,404 | €2,494 | +€4,898 |
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 30 October 2026 via checked.be.