DONNA: 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.
DONNA
Largest movements
- Current investments +€16,794
new in 2025: €16,794
- Tangible fixed assets -€13,837
down €13,837 (-12.8%), from €108,022 to €94,185
of which Furniture and vehicles: -€9,773
- Receivables within one year +€7,148
new in 2025: €7,148
of which Trade receivables: +€5,552
- Deferred charges and accrued income +€4,292
up €4,292 (+382.2%), from €1,123 to €5,415
- Other debts +€184,321
up €184,321 (+15.4%), from €1.2m to €1.4m
- Profit (loss) carried forward -€142,771
down €142,771 (-11.8%), from -€1.2m to -€1.4m
- Current portion of long-term debt -€20,934
down €20,934 (-63.7%), from €32,840 to €11,907
- Trade debts +€16,102
up €16,102 (+91.1%), from €17,674 to €33,776
- Tax, wage and social debts -€14,286
down €14,286 (-36.5%), from €39,182 to €24,895
of which Taxes: -€17,955
- Gross operating margin +€33,220
up €33,220, from -€20,748 to €12,472
- Financial charges -€12,141
down €12,141 (-55.2%), from €22,010 to €9,869
of which Non-recurring financial charges: -€13,781
- Depreciation -€9,772
down €9,772 (-39.6%), from €24,689 to €14,917
- Staff costs +€4,532
up €4,532 (+3.7%), from €122,071 to €126,603
- Other operating charges -€3,644
down €3,644 (-60.4%), from €6,038 to €2,394
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 | €246,978 | €261,837 | +€14,860 | +6.0% |
| Fixed assets | 21/28 | €108,072 | €94,185 | -€13,887 | -12.8% |
| Tangible fixed assets | 22/27 | €108,022 | €94,185 | -€13,837 | -12.8% |
| Land and buildings | 22 | €54,832 | €52,362 | -€2,469 | -4.5% |
| Furniture and vehicles | 24 | €44,884 | €35,111 | -€9,773 | -21.8% |
| Other tangible fixed assets | 26 | €8,305 | €6,711 | -€1,594 | -19.2% |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €138,906 | €167,652 | +€28,746 | +20.7% |
| Stocks and contracts in progress | 3 | €112,142 | €113,279 | +€1,136 | +1.0% |
| Stocks | 30/36 | €112,142 | €113,279 | +€1,136 | +1.0% |
| Amounts receivable within one year | 40/41 | - | €7,148 | +€7,148 | |
| Trade receivables | 40 | - | €5,552 | +€5,552 | |
| Other amounts receivable | 41 | - | €1,596 | +€1,596 | |
| Current investments | 50/53 | - | €16,794 | +€16,794 | |
| Cash at bank and in hand | 54/58 | €25,641 | €25,016 | -€624 | -2.4% |
| Deferred charges and accrued income | 490/1 | €1,123 | €5,415 | +€4,292 | +382.2% |
| Total equity and liabilities | 10/49 | €246,978 | €261,837 | +€14,860 | +6.0% |
| Equity | 10/15 | -€1,185,312 | -€1,328,083 | -€142,771 | -12.0% |
| Contributions | 10/11 | €20,452 | €20,452 | = | 0.0% |
| Reserves | 13 | €3,100 | €3,100 | = | 0.0% |
| Distributable reserves | 133 | €3,100 | €3,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,208,864 | -€1,351,635 | -€142,771 | -11.8% |
| Amounts payable | 17/49 | €1,432,289 | €1,589,920 | +€157,631 | +11.0% |
| Amounts payable after more than one year | 17 | €130,079 | €134,077 | +€3,997 | +3.1% |
| Financial debts | 170/4 | €130,079 | €134,077 | +€3,997 | +3.1% |
| Amounts payable within one year | 42/48 | €1,289,867 | €1,455,843 | +€165,976 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €32,840 | €11,907 | -€20,934 | -63.7% |
| Trade debts | 44 | €17,674 | €33,776 | +€16,102 | +91.1% |
| Suppliers | 440/4 | €17,674 | €33,776 | +€16,102 | +91.1% |
| Advances received on contracts in progress | 46 | - | €773 | +€773 | |
| Taxes, remuneration and social security | 45 | €39,182 | €24,895 | -€14,286 | -36.5% |
| Taxes | 450/3 | €24,502 | €6,547 | -€17,955 | -73.3% |
| Remuneration and social security | 454/9 | €14,680 | €18,348 | +€3,668 | +25.0% |
| Other amounts payable | 47/48 | €1,200,171 | €1,384,493 | +€184,321 | +15.4% |
| Accrued charges and deferred income | 492/3 | €12,343 | - | -€12,343 | |
| Non-recurring operating income | 76A | €9,132 | - | -€9,132 | |
| Remuneration, social security and pensions | 62 | €122,071 | €126,603 | +€4,532 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,689 | €14,917 | -€9,772 | -39.6% |
| Other operating charges | 640/8 | €6,038 | €2,394 | -€3,644 | -60.4% |
| Non-recurring operating charges | 66A | - | €1,276 | +€1,276 | |
| Gross operating margin | 9900 | -€20,748 | €12,472 | +€33,220 | |
| Operating profit (loss) | 9901 | -€173,545 | -€132,717 | +€40,828 | +23.5% |
| Financial income | 75/76B | €372 | €14 | -€358 | -96.2% |
| Recurring financial income | 75 | €372 | €14 | -€358 | -96.2% |
| Financial charges | 65/66B | €22,010 | €9,869 | -€12,141 | -55.2% |
| Recurring financial charges | 65 | €8,229 | €9,869 | +€1,640 | +19.9% |
| Non-recurring financial charges | 66B | €13,781 | - | -€13,781 | |
| Profit (loss) for the period before taxes | 9903 | -€195,183 | -€142,572 | +€52,611 | +27.0% |
| Income taxes | 67/77 | €191 | €200 | +€8 | +4.4% |
| Profit (loss) for the period | 9904 | -€195,374 | -€142,771 | +€52,603 | +26.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€195,374 | -€142,771 | +€52,603 | +26.9% |
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 9 October 2026 via checked.be.