DONNAY ASSURANCES: 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.
DONNAY ASSURANCES
Largest movements
- Cash -€12,838
down €12,838 (-63.0%), from €20,373 to €7,535
mainly Other debts (-€10,529) and Tax, wage and social debts (-€6,462)
- Tangible fixed assets -€4,929
down €4,929 (-28.4%), from €17,362 to €12,433
of which Furniture and vehicles: -€4,765
- Receivables within one year +€2,084
up €2,084 (+190%), from €1,098 to €3,182
- Deferred charges and accrued income -€525
no longer reported in 2023 (was €525)
- Other debts -€10,529
down €10,529 (-23.1%), from €45,514 to €34,985
- Tax, wage and social debts -€6,462
down €6,462 (-54.8%), from €11,795 to €5,333
of which Remuneration and social security: -€4,734
- Profit (loss) carried forward +€3,809
up €3,809 (+4.2%), from -€90,662 to -€86,853
- Short-term financial debts -€1,735
no longer reported in 2023 (was €1,735)
- Trade debts -€713
down €713 (-13.5%), from €5,268 to €4,555
- Gross operating margin -€39,824
down €39,824 (-65.0%), from €61,246 to €21,422
- Staff costs -€35,686
down €35,686 (-81.7%), from €43,685 to €7,999
- Depreciation +€892
up €892 (+12.7%), from €7,012 to €7,904
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,478 | €23,270 | -€16,208 | -41.1% |
| Fixed assets | 21/28 | €17,482 | €12,553 | -€4,929 | -28.2% |
| Tangible fixed assets | 22/27 | €17,362 | €12,433 | -€4,929 | -28.4% |
| Land and buildings | 22 | €1,580 | €1,416 | -€164 | -10.4% |
| Furniture and vehicles | 24 | €15,782 | €11,017 | -€4,765 | -30.2% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €21,996 | €10,717 | -€11,279 | -51.3% |
| Amounts receivable within one year | 40/41 | €1,098 | €3,182 | +€2,084 | +190% |
| Trade receivables | 40 | €1,098 | €3,182 | +€2,084 | +190% |
| Cash at bank and in hand | 54/58 | €20,373 | €7,535 | -€12,838 | -63.0% |
| Deferred charges and accrued income | 490/1 | €525 | - | -€525 | |
| Total equity and liabilities | 10/49 | €39,478 | €23,270 | -€16,208 | -41.1% |
| Equity | 10/15 | -€25,563 | -€21,754 | +€3,809 | +14.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,662 | -€86,853 | +€3,809 | +4.2% |
| Amounts payable | 17/49 | €65,041 | €45,024 | -€20,017 | -30.8% |
| Amounts payable within one year | 42/48 | €64,312 | €44,873 | -€19,439 | -30.2% |
| Financial debts | 43 | €1,735 | - | -€1,735 | |
| Credit institutions | 430/8 | €1,735 | - | -€1,735 | |
| Trade debts | 44 | €5,268 | €4,555 | -€713 | -13.5% |
| Suppliers | 440/4 | €5,268 | €4,555 | -€713 | -13.5% |
| Taxes, remuneration and social security | 45 | €11,795 | €5,333 | -€6,462 | -54.8% |
| Taxes | 450/3 | €2,080 | €352 | -€1,728 | -83.1% |
| Remuneration and social security | 454/9 | €9,715 | €4,981 | -€4,734 | -48.7% |
| Other amounts payable | 47/48 | €45,514 | €34,985 | -€10,529 | -23.1% |
| Accrued charges and deferred income | 492/3 | €729 | €151 | -€578 | -79.3% |
| Non-recurring operating income | 76A | €4,648 | - | -€4,648 | |
| Remuneration, social security and pensions | 62 | €43,685 | €7,999 | -€35,686 | -81.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,012 | €7,904 | +€892 | +12.7% |
| Other operating charges | 640/8 | €760 | €828 | +€68 | +8.9% |
| Non-recurring operating charges | 66A | €110 | - | -€110 | |
| Gross operating margin | 9900 | €61,246 | €21,422 | -€39,824 | -65.0% |
| Operating profit (loss) | 9901 | €9,679 | €4,691 | -€4,988 | -51.5% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €792 | €701 | -€91 | -11.5% |
| Recurring financial charges | 65 | €792 | €701 | -€91 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €8,892 | €3,990 | -€4,902 | -55.1% |
| Income taxes | 67/77 | €171 | €181 | +€10 | +5.8% |
| Profit (loss) for the period | 9904 | €8,721 | €3,809 | -€4,912 | -56.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,721 | €3,809 | -€4,912 | -56.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.