DONNAY de VOS: 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 de VOS
Largest movements
- Tangible fixed assets -€179,089
down €179,089 (-2.5%), from €7.2m to €7.0m
of which Land and buildings: -€176,001
- Cash -€98,040
down €98,040 (-83.3%), from €117,737 to €19,697
mainly Debts after one year (-€140,000) and Net result for the year (-€83,188)
- Debts after one year -€140,000
down €140,000 (-20.0%), from €700,000 to €560,000
- Profit (loss) carried forward -€79,629
down €79,629 (-32.9%), from -€242,401 to -€322,030
- Gross operating margin -€185,763
down €185,763 (-46.2%), from €402,380 to €216,616
- Other operating charges +€28,412
up €28,412 (+202%), from €14,048 to €42,460
- Depreciation -€16,640
down €16,640 (-7.1%), from €234,860 to €218,220
- Financial charges -€15,507
down €15,507 (-61.5%), from €25,204 to €9,697
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 | €7,884,864 | €7,611,018 | -€273,845 | -3.5% |
| Fixed assets | 21/28 | €7,700,544 | €7,521,455 | -€179,089 | -2.3% |
| Tangible fixed assets | 22/27 | €7,180,394 | €7,001,305 | -€179,089 | -2.5% |
| Land and buildings | 22 | €7,172,057 | €6,996,056 | -€176,001 | -2.5% |
| Plant, machinery and equipment | 23 | €5,013 | €3,244 | -€1,769 | -35.3% |
| Furniture and vehicles | 24 | €3,324 | €2,005 | -€1,319 | -39.7% |
| Financial fixed assets | 28 | €520,150 | €520,150 | = | 0.0% |
| Current assets | 29/58 | €184,320 | €89,563 | -€94,757 | -51.4% |
| Amounts receivable after more than one year | 29 | €62,257 | €68,363 | +€6,105 | +9.8% |
| Other amounts receivable | 291 | €62,257 | €68,363 | +€6,105 | +9.8% |
| Cash at bank and in hand | 54/58 | €117,737 | €19,697 | -€98,040 | -83.3% |
| Deferred charges and accrued income | 490/1 | €4,326 | €1,504 | -€2,822 | -65.2% |
| Total equity and liabilities | 10/49 | €7,884,864 | €7,611,018 | -€273,845 | -3.5% |
| Equity | 10/15 | €4,684,718 | €4,601,530 | -€83,188 | -1.8% |
| Contributions | 10/11 | €4,822,262 | €4,822,262 | = | 0.0% |
| Reserves | 13 | €104,857 | €101,298 | -€3,559 | -3.4% |
| Tax-exempt reserves | 132 | €104,857 | €101,298 | -€3,559 | -3.4% |
| Profit (loss) carried forward | 14 | -€242,401 | -€322,030 | -€79,629 | -32.9% |
| Provisions and deferred taxes | 16 | €31,721 | €29,889 | -€1,832 | -5.8% |
| Deferred taxes | 168 | €31,721 | €29,889 | -€1,832 | -5.8% |
| Amounts payable | 17/49 | €3,168,425 | €2,979,600 | -€188,825 | -6.0% |
| Amounts payable after more than one year | 17 | €700,000 | €560,000 | -€140,000 | -20.0% |
| Financial debts | 170/4 | €700,000 | €560,000 | -€140,000 | -20.0% |
| Amounts payable within one year | 42/48 | €2,420,479 | €2,419,600 | -€879 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €140,000 | €140,000 | = | 0.0% |
| Financial debts | 43 | - | €61 | +€61 | |
| Credit institutions | 430/8 | - | €61 | +€61 | |
| Trade debts | 44 | €1,059 | €0 | -€1,059 | -100% |
| Suppliers | 440/4 | €1,059 | €0 | -€1,059 | -100% |
| Taxes, remuneration and social security | 45 | €6,584 | €6,821 | +€237 | +3.6% |
| Remuneration and social security | 454/9 | €6,584 | €6,821 | +€237 | +3.6% |
| Other amounts payable | 47/48 | €2,272,836 | €2,272,719 | -€117 | 0.0% |
| Accrued charges and deferred income | 492/3 | €47,946 | €0 | -€47,946 | -100% |
| Remuneration, social security and pensions | 62 | €30,738 | €31,905 | +€1,166 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €234,860 | €218,220 | -€16,640 | -7.1% |
| Other operating charges | 640/8 | €14,048 | €42,460 | +€28,412 | +202% |
| Gross operating margin | 9900 | €402,380 | €216,616 | -€185,763 | -46.2% |
| Operating profit (loss) | 9901 | €122,734 | -€75,968 | -€198,701 | |
| Financial income | 75/76B | €623 | €644 | +€21 | +3.4% |
| Recurring financial income | 75 | €623 | €644 | +€21 | +3.4% |
| Financial charges | 65/66B | €25,204 | €9,697 | -€15,507 | -61.5% |
| Recurring financial charges | 65 | €25,204 | €9,697 | -€15,507 | -61.5% |
| Profit (loss) for the period before taxes | 9903 | €98,152 | -€85,021 | -€183,173 | |
| Transfer from deferred taxes | 780 | €1,832 | €1,832 | = | 0.0% |
| Profit (loss) for the period | 9904 | €99,985 | -€83,188 | -€183,173 | |
| Transfer from tax-exempt reserves | 789 | €3,559 | €3,559 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €103,544 | -€79,629 | -€183,173 |
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 29 October 2026 via checked.be.