DONNET: 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.
DONNET
Largest movements
- Tangible fixed assets -€6,774
down €6,774 (-36.1%), from €18,773 to €11,999
of which Furniture and vehicles: -€5,510
- Receivables within one year +€5,065
up €5,065 (+225%), from €2,250 to €7,315
of which Other amounts receivable: +€2,930
- Deferred charges and accrued income -€1,851
down €1,851 (-68.5%), from €2,703 to €852
- Stocks and contracts -€1,250
down €1,250 (-9.4%), from €13,250 to €12,000
- Cash +€1,010
new in 2025: €1,010
mainly Depreciation (+€6,934) and Net result for the year (+€5,926)
- Short-term financial debts -€7,299
no longer reported in 2025 (was €7,299)
- Reserves +€5,405
up €5,405 (+291%), from €1,860 to €7,265
of which Distributable reserves: +€5,405
- Trade debts -€3,116
down €3,116 (-38.6%), from €8,076 to €4,960
- Tax, wage and social debts +€1,621
up €1,621 (+126%), from €1,283 to €2,904
- Profit (loss) carried forward +€522
no longer reported in 2025 (was -€522)
- Gross operating margin +€5,834
up €5,834 (+48.7%), from €11,969 to €17,803
- Taxes +€2,118
up €2,118 (+361%), from €586 to €2,704
- Other operating charges +€607
up €607 (+73.8%), from €823 to €1,430
- Financial charges -€426
down €426 (-33.4%), from €1,276 to €850
- Depreciation +€192
up €192 (+2.8%), from €6,742 to €6,934
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 | €37,689 | €33,729 | -€3,960 | -10.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €19,487 | €12,553 | -€6,934 | -35.6% |
| Intangible fixed assets | 21 | €714 | €554 | -€160 | -22.4% |
| Tangible fixed assets | 22/27 | €18,773 | €11,999 | -€6,774 | -36.1% |
| Land and buildings | 22 | €6,557 | €5,754 | -€803 | -12.2% |
| Plant, machinery and equipment | 23 | €862 | €401 | -€461 | -53.5% |
| Furniture and vehicles | 24 | €11,353 | €5,844 | -€5,510 | -48.5% |
| Current assets | 29/58 | €18,203 | €21,176 | +€2,973 | +16.3% |
| Stocks and contracts in progress | 3 | €13,250 | €12,000 | -€1,250 | -9.4% |
| Stocks | 30/36 | €13,250 | €12,000 | -€1,250 | -9.4% |
| Amounts receivable within one year | 40/41 | €2,250 | €7,315 | +€5,065 | +225% |
| Trade receivables | 40 | €2,250 | €4,384 | +€2,134 | +94.9% |
| Other amounts receivable | 41 | - | €2,930 | +€2,930 | |
| Cash at bank and in hand | 54/58 | - | €1,010 | +€1,010 | |
| Deferred charges and accrued income | 490/1 | €2,703 | €852 | -€1,851 | -68.5% |
| Total equity and liabilities | 10/49 | €37,689 | €33,729 | -€3,960 | -10.5% |
| Equity | 10/15 | €19,938 | €25,865 | +€5,926 | +29.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €7,265 | +€5,405 | +291% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €5,405 | +€5,405 | |
| Profit (loss) carried forward | 14 | -€522 | - | +€522 | |
| Amounts payable | 17/49 | €17,751 | €7,864 | -€9,887 | -55.7% |
| Amounts payable within one year | 42/48 | €17,494 | €7,864 | -€9,629 | -55.0% |
| Current portion of amounts payable after more than one year | 42 | €431 | - | -€431 | |
| Financial debts | 43 | €7,299 | - | -€7,299 | |
| Credit institutions | 430/8 | €7,299 | - | -€7,299 | |
| Trade debts | 44 | €8,076 | €4,960 | -€3,116 | -38.6% |
| Suppliers | 440/4 | €8,076 | €4,960 | -€3,116 | -38.6% |
| Taxes, remuneration and social security | 45 | €1,283 | €2,904 | +€1,621 | +126% |
| Taxes | 450/3 | €1,283 | €2,904 | +€1,621 | +126% |
| Other amounts payable | 47/48 | €404 | €0 | -€404 | -100% |
| Accrued charges and deferred income | 492/3 | €258 | - | -€258 | |
| Non-recurring operating income | 76A | - | €242 | +€242 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,742 | €6,934 | +€192 | +2.8% |
| Other operating charges | 640/8 | €823 | €1,430 | +€607 | +73.8% |
| Gross operating margin | 9900 | €11,969 | €17,803 | +€5,834 | +48.7% |
| Operating profit (loss) | 9901 | €4,404 | €9,439 | +€5,035 | +114% |
| Financial income | 75/76B | €91 | €41 | -€50 | -55.2% |
| Recurring financial income | 75 | €91 | €41 | -€50 | -55.2% |
| Financial charges | 65/66B | €1,276 | €850 | -€426 | -33.4% |
| Recurring financial charges | 65 | €1,276 | €850 | -€426 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €3,219 | €8,631 | +€5,411 | +168% |
| Income taxes | 67/77 | €586 | €2,704 | +€2,118 | +361% |
| Profit (loss) for the period | 9904 | €2,633 | €5,926 | +€3,293 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €2,633 | €5,926 | +€3,293 | +125% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.