DONKERWOLKE: 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.
DONKERWOLKE
Largest movements
- Cash +€130,621
up €130,621 (+81.8%), from €159,748 to €290,369
mainly Net result for the year (+€78,179) and Trade debts (+€76,116)
- Stocks and contracts -€74,982
down €74,982 (-7.7%), from €971,273 to €896,291
- Receivables within one year -€23,556
down €23,556 (-7.1%), from €331,382 to €307,826
of which Trade receivables: -€22,783
- Deferred charges and accrued income +€22,490
up €22,490 (+249%), from €9,033 to €31,523
- Tangible fixed assets -€17,775
down €17,775 (-37.5%), from €47,428 to €29,653
of which Furniture and vehicles: -€12,453
- Other debts -€100,638
down €100,638 (-73.6%), from €136,792 to €36,154
- Profit (loss) carried forward +€78,179
up €78,179 (+6.6%), from €1.2m to €1.3m
- Trade debts +€76,116
up €76,116 (+76.6%), from €99,380 to €175,495
- Gross operating margin -€72,412
down €72,412 (-14.2%), from €511,467 to €439,055
- Taxes -€20,349
down €20,349 (-39.1%), from €52,064 to €31,714
- Staff costs +€18,896
up €18,896 (+6.7%), from €282,379 to €301,276
- Depreciation +€11,878
up €11,878 (+65.3%), from €18,202 to €30,080
- Write-downs -€9,692
down €9,692 (-482%), from -€2,011 to -€11,702
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 | €1,566,003 | €1,616,970 | +€50,967 | +3.3% |
| Fixed assets | 21/28 | €94,566 | €90,959 | -€3,606 | -3.8% |
| Intangible fixed assets | 21 | €47,095 | €61,263 | +€14,169 | +30.1% |
| Tangible fixed assets | 22/27 | €47,428 | €29,653 | -€17,775 | -37.5% |
| Land and buildings | 22 | €20,266 | €14,915 | -€5,351 | -26.4% |
| Plant, machinery and equipment | 23 | €10,178 | €10,207 | +€29 | +0.3% |
| Furniture and vehicles | 24 | €16,983 | €4,531 | -€12,453 | -73.3% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €1,471,437 | €1,526,010 | +€54,574 | +3.7% |
| Stocks and contracts in progress | 3 | €971,273 | €896,291 | -€74,982 | -7.7% |
| Stocks | 30/36 | €971,273 | €896,291 | -€74,982 | -7.7% |
| Amounts receivable within one year | 40/41 | €331,382 | €307,826 | -€23,556 | -7.1% |
| Trade receivables | 40 | €296,690 | €273,907 | -€22,783 | -7.7% |
| Other amounts receivable | 41 | €34,693 | €33,920 | -€773 | -2.2% |
| Cash at bank and in hand | 54/58 | €159,748 | €290,369 | +€130,621 | +81.8% |
| Deferred charges and accrued income | 490/1 | €9,033 | €31,523 | +€22,490 | +249% |
| Total equity and liabilities | 10/49 | €1,566,003 | €1,616,970 | +€50,967 | +3.3% |
| Equity | 10/15 | €1,261,903 | €1,340,082 | +€78,179 | +6.2% |
| Contributions | 10/11 | €47,145 | €47,145 | = | 0.0% |
| Reserves | 13 | €22,544 | €22,544 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,830 | €17,830 | = | 0.0% |
| Distributable reserves | 133 | €4,715 | €4,715 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,192,213 | €1,270,393 | +€78,179 | +6.6% |
| Amounts payable | 17/49 | €304,100 | €276,888 | -€27,212 | -8.9% |
| Amounts payable within one year | 42/48 | €300,597 | €273,455 | -€27,142 | -9.0% |
| Trade debts | 44 | €99,380 | €175,495 | +€76,116 | +76.6% |
| Suppliers | 440/4 | €99,380 | €175,495 | +€76,116 | +76.6% |
| Taxes, remuneration and social security | 45 | €64,425 | €61,806 | -€2,619 | -4.1% |
| Taxes | 450/3 | €32,903 | €30,118 | -€2,785 | -8.5% |
| Remuneration and social security | 454/9 | €31,522 | €31,688 | +€166 | +0.5% |
| Other amounts payable | 47/48 | €136,792 | €36,154 | -€100,638 | -73.6% |
| Accrued charges and deferred income | 492/3 | €3,503 | €3,433 | -€70 | -2.0% |
| Remuneration, social security and pensions | 62 | €282,379 | €301,276 | +€18,896 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,202 | €30,080 | +€11,878 | +65.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,011 | -€11,702 | -€9,692 | -482% |
| Other operating charges | 640/8 | €20,270 | €11,358 | -€8,912 | -44.0% |
| Non-recurring operating charges | 66A | €334 | - | -€334 | |
| Gross operating margin | 9900 | €511,467 | €439,055 | -€72,412 | -14.2% |
| Operating profit (loss) | 9901 | €192,293 | €108,044 | -€84,249 | -43.8% |
| Financial income | 75/76B | €3,847 | €4,008 | +€161 | +4.2% |
| Recurring financial income | 75 | €3,847 | €4,008 | +€161 | +4.2% |
| Financial charges | 65/66B | €3,671 | €2,158 | -€1,513 | -41.2% |
| Recurring financial charges | 65 | €3,671 | €2,158 | -€1,513 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €192,468 | €109,894 | -€82,574 | -42.9% |
| Income taxes | 67/77 | €52,064 | €31,714 | -€20,349 | -39.1% |
| Profit (loss) for the period | 9904 | €140,405 | €78,179 | -€62,225 | -44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €140,405 | €78,179 | -€62,225 | -44.3% |
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 25 October 2026 via checked.be.