DONKERSTEEG: 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.
DONKERSTEEG
Largest movements
- Tangible fixed assets +€145,970
up €145,970 (+7.2%), from €2.0m to €2.2m
- Cash -€23,633
down €23,633 (-85.7%), from €27,564 to €3,931
mainly Investment in fixed assets (net) (-€233,433) and Debts after one year (-€70,226)
- Other debts +€152,031
up €152,031 (+18.4%), from €827,409 to €979,440
- Profit (loss) carried forward +€73,340
up €73,340 (+75.6%), from -€96,977 to -€23,637
- Debts after one year -€70,226
down €70,226 (-9.5%), from €739,000 to €668,775
- Current portion of long-term debt -€28,682
down €28,682 (-28.8%), from €99,427 to €70,745
- Gross operating margin +€184,543
up €184,543 (+153.8%), from €120,014 to €304,556
- Taxes +€45,790
new in 2025: €45,790
- Depreciation +€11,262
up €11,262 (+14.8%), from €76,201 to €87,462
- Financial charges +€4,940
up €4,940 (+6.5%), from €76,280 to €81,220
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 | €2,062,237 | €2,185,877 | +€123,641 | +6.0% |
| Fixed assets | 21/28 | €2,033,038 | €2,179,009 | +€145,970 | +7.2% |
| Tangible fixed assets | 22/27 | €2,033,038 | €2,179,009 | +€145,970 | +7.2% |
| Land and buildings | 22 | €2,033,038 | €2,179,009 | +€145,970 | +7.2% |
| Current assets | 29/58 | €29,199 | €6,869 | -€22,330 | -76.5% |
| Amounts receivable within one year | 40/41 | €539 | €1,902 | +€1,363 | +252.8% |
| Trade receivables | 40 | €539 | €1,823 | +€1,284 | +238.3% |
| Other amounts receivable | 41 | - | €78 | +€78 | |
| Cash at bank and in hand | 54/58 | €27,564 | €3,931 | -€23,633 | -85.7% |
| Deferred charges and accrued income | 490/1 | €1,096 | €1,036 | -€60 | -5.4% |
| Total equity and liabilities | 10/49 | €2,062,237 | €2,185,877 | +€123,641 | +6.0% |
| Equity | 10/15 | €371,107 | €444,446 | +€73,340 | +19.8% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €341,935 | €341,935 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €329,540 | €329,540 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,977 | -€23,637 | +€73,340 | +75.6% |
| Investment grants | 15 | €2,201 | €2,201 | = | 0.0% |
| Amounts payable | 17/49 | €1,691,130 | €1,741,431 | +€50,301 | +3.0% |
| Amounts payable after more than one year | 17 | €739,000 | €668,775 | -€70,226 | -9.5% |
| Financial debts | 170/4 | €739,000 | €668,775 | -€70,226 | -9.5% |
| Amounts payable within one year | 42/48 | €946,605 | €1,072,656 | +€126,051 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €99,427 | €70,745 | -€28,682 | -28.8% |
| Trade debts | 44 | €121 | €307 | +€186 | +153.5% |
| Suppliers | 440/4 | €121 | €307 | +€186 | +153.5% |
| Taxes, remuneration and social security | 45 | €19,647 | €22,164 | +€2,517 | +12.8% |
| Taxes | 450/3 | €19,647 | €22,164 | +€2,517 | +12.8% |
| Other amounts payable | 47/48 | €827,409 | €979,440 | +€152,031 | +18.4% |
| Accrued charges and deferred income | 492/3 | €5,525 | - | -€5,525 | |
| Non-recurring operating income | 76A | - | €172,733 | +€172,733 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,201 | €87,462 | +€11,262 | +14.8% |
| Other operating charges | 640/8 | €16,412 | €16,745 | +€333 | +2.0% |
| Gross operating margin | 9900 | €120,014 | €304,556 | +€184,543 | +153.8% |
| Operating profit (loss) | 9901 | €27,401 | €200,349 | +€172,948 | +631.2% |
| Financial charges | 65/66B | €76,280 | €81,220 | +€4,940 | +6.5% |
| Recurring financial charges | 65 | €76,280 | €81,220 | +€4,940 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | -€48,879 | €119,130 | +€168,008 | |
| Transfer from deferred taxes | 780 | €38,390 | - | -€38,390 | |
| Income taxes | 67/77 | - | €45,790 | +€45,790 | |
| Profit (loss) for the period | 9904 | -€10,489 | €73,340 | +€83,828 | |
| Transfer from tax-exempt reserves | 789 | €115,170 | - | -€115,170 | |
| Profit (loss) for the period to be appropriated | 9905 | €104,681 | €73,340 | -€31,341 | -29.9% |
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 10 October 2026 via checked.be.