DONK 3: 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.
DONK 3
Largest movements
- Tangible fixed assets -€20,701
down €20,701 (-6.3%), from €329,151 to €308,450
of which Land and buildings: -€21,271
- Debts after one year -€29,241
down €29,241 (-9.6%), from €303,551 to €274,310
of which Financial debts: -€29,241
- Other debts +€27,094
up €27,094 (+49.8%), from €54,404 to €81,497
- Profit (loss) carried forward -€23,007
down €23,007 (-29.5%), from -€78,037 to -€101,044
- Gross operating margin -€12,899
down €12,899 (-45.8%), from €28,134 to €15,235
- Financial charges -€1,038
down €1,038 (-7.7%), from €13,549 to €12,511
- Depreciation +€412
up €412 (+1.7%), from €23,790 to €24,202
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 | €334,963 | €312,429 | -€22,534 | -6.7% |
| Fixed assets | 21/28 | €329,151 | €308,450 | -€20,701 | -6.3% |
| Tangible fixed assets | 22/27 | €329,151 | €308,450 | -€20,701 | -6.3% |
| Land and buildings | 22 | €323,440 | €302,168 | -€21,271 | -6.6% |
| Plant, machinery and equipment | 23 | €5,712 | €4,547 | -€1,164 | -20.4% |
| Furniture and vehicles | 24 | - | €1,734 | +€1,734 | |
| Current assets | 29/58 | €5,812 | €3,979 | -€1,833 | -31.5% |
| Amounts receivable within one year | 40/41 | €4,442 | €3,693 | -€749 | -16.9% |
| Trade receivables | 40 | €1,340 | €2,856 | +€1,516 | +113.2% |
| Other amounts receivable | 41 | €3,102 | €837 | -€2,265 | -73.0% |
| Cash at bank and in hand | 54/58 | €1,370 | €286 | -€1,084 | -79.1% |
| Total equity and liabilities | 10/49 | €334,963 | €312,429 | -€22,534 | -6.7% |
| Equity | 10/15 | -€52,744 | -€75,751 | -€23,007 | -43.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €12,893 | €12,893 | = | 0.0% |
| Distributable reserves | 133 | €12,893 | €12,893 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,037 | -€101,044 | -€23,007 | -29.5% |
| Amounts payable | 17/49 | €387,707 | €388,180 | +€473 | +0.1% |
| Amounts payable after more than one year | 17 | €303,551 | €274,310 | -€29,241 | -9.6% |
| Financial debts | 170/4 | €281,051 | €251,810 | -€29,241 | -10.4% |
| Other amounts payable | 178/9 | €22,500 | €22,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €84,156 | €113,869 | +€29,714 | +35.3% |
| Current portion of amounts payable after more than one year | 42 | €28,069 | €29,241 | +€1,172 | +4.2% |
| Trade debts | 44 | €1,656 | €2,829 | +€1,173 | +70.8% |
| Suppliers | 440/4 | €1,656 | €2,829 | +€1,173 | +70.8% |
| Taxes, remuneration and social security | 45 | €26 | €302 | +€275 | +1046.2% |
| Taxes | 450/3 | €26 | €302 | +€275 | +1046.2% |
| Other amounts payable | 47/48 | €54,404 | €81,497 | +€27,094 | +49.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,790 | €24,202 | +€412 | +1.7% |
| Other operating charges | 640/8 | €1,332 | €1,362 | +€30 | +2.3% |
| Gross operating margin | 9900 | €28,134 | €15,235 | -€12,899 | -45.8% |
| Operating profit (loss) | 9901 | €3,012 | -€10,329 | -€13,341 | |
| Financial income | 75/76B | €1 | €2 | +€2 | +382.4% |
| Recurring financial income | 75 | €1 | €2 | +€2 | +382.4% |
| Financial charges | 65/66B | €13,549 | €12,511 | -€1,038 | -7.7% |
| Recurring financial charges | 65 | €13,549 | €12,511 | -€1,038 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,537 | -€22,838 | -€12,301 | -116.7% |
| Income taxes | 67/77 | €202 | €168 | -€33 | -16.5% |
| Profit (loss) for the period | 9904 | -€10,739 | -€23,007 | -€12,268 | -114.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,739 | -€23,007 | -€12,268 | -114.2% |
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 6 October 2026 via checked.be.