DONY-PROTECT: what changed
Two fiscal 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.
What changed
DONY-PROTECT
NACE 43.310, Plastering work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€22,546
2024 · €13,056+€9,490
Equity
€243,100
2024 · €220,554+€22,546
Cash
€72,520
2024 · €60,008+€12,512
Balance sheet total
€628,760
2024 · €635,556-€6,796
Largest movements
Assets
- Tangible fixed assets -€22,834
down €22,834 (-4.7%), from €487,394 to €464,560
of which Land and buildings: -€16,558
- Cash +€12,512
up €12,512 (+20.9%), from €60,008 to €72,520
mainly Depreciation (+€30,940) and Net result for the year (+€22,546)
- Receivables within one year +€7,833
up €7,833 (+10.4%), from €75,450 to €83,283
of which Other amounts receivable: +€12,917
Equity and liabilities
- Debts after one year -€28,858
down €28,858 (-8.9%), from €323,142 to €294,284
- Reserves +€22,500
up €22,500 (+18.4%), from €122,190 to €144,690
of which Distributable reserves: +€22,500
Income statement
- Gross operating margin +€13,898
up €13,898 (+9.2%), from €150,937 to €164,835
- Taxes +€7,112
up €7,112 (+97.9%), from €7,266 to €14,378
- Staff costs -€4,670
down €4,670 (-6.0%), from €77,480 to €72,811
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.
Result 2024
€13,056
Gross operating margin
+€13,898
Staff costs
+€4,670
Depreciation
-€1,417
Write-downs
-€440
Other operating charges
-€1,240
Financial income
+€512
Financial charges
+€619
Taxes
-€7,112
Result 2025
€22,546
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.
From operations
+€51,494
Investment
-€8,177
Financing
-€30,804
Cash 2024
€60,008
From operations (derived)
+€51,494
Net result for the year
+€22,546
Depreciation
+€30,940
Stocks and contracts
+€4,350
Receivables within one year
-€7,833
Smaller working-capital items
+€76
Trade debts
-€238
Tax, wage and social debts
+€1,977
Advances received
+€272
Other debts
-€596
Investment (derived)
-€8,177
Investment in fixed assets (net)
-€8,177
Financing
-€30,804
Debts after one year
-€28,858
Current portion of long-term debt
-€1,947
Contributions, distributions and other
+€0
Cash 2025
€72,520
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €635,556 | €628,760 | -€6,796 | -1.1% |
| Fixed assets | 21/28 | €489,796 | €467,034 | -€22,762 | -4.6% |
| Tangible fixed assets | 22/27 | €487,394 | €464,560 | -€22,834 | -4.7% |
| Land and buildings | 22 | €457,934 | €441,376 | -€16,558 | -3.6% |
| Plant, machinery and equipment | 23 | €8,337 | €7,761 | -€576 | -6.9% |
| Furniture and vehicles | 24 | €21,123 | €15,423 | -€5,700 | -27.0% |
| Financial fixed assets | 28 | €2,402 | €2,473 | +€71 | +3.0% |
| Current assets | 29/58 | €145,760 | €161,726 | +€15,966 | +11.0% |
| Stocks and contracts in progress | 3 | €6,100 | €1,750 | -€4,350 | -71.3% |
| Contracts in progress | 37 | €6,100 | €1,750 | -€4,350 | -71.3% |
| Amounts receivable within one year | 40/41 | €75,450 | €83,283 | +€7,833 | +10.4% |
| Trade receivables | 40 | €70,085 | €65,001 | -€5,084 | -7.3% |
| Other amounts receivable | 41 | €5,365 | €18,282 | +€12,917 | +240.8% |
| Cash at bank and in hand | 54/58 | €60,008 | €72,520 | +€12,512 | +20.9% |
| Deferred charges and accrued income | 490/1 | €4,202 | €4,173 | -€29 | -0.7% |
| Total equity and liabilities | 10/49 | €635,556 | €628,760 | -€6,796 | -1.1% |
| Equity | 10/15 | €220,554 | €243,100 | +€22,546 | +10.2% |
| Contributions | 10/11 | €14,300 | €14,300 | = | 0.0% |
| Outside capital | 11 | €14,300 | €14,300 | = | 0.0% |
| Other | 1109/19 | €14,300 | €14,300 | = | 0.0% |
| Reserves | 13 | €122,190 | €144,690 | +€22,500 | +18.4% |
| Tax-exempt reserves | 132 | €32,330 | €32,330 | = | 0.0% |
| Distributable reserves | 133 | €89,860 | €112,360 | +€22,500 | +25.0% |
| Profit (loss) carried forward | 14 | €84,064 | €84,110 | +€46 | +0.1% |
| Provisions and deferred taxes | 16 | €2,500 | €2,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,500 | €2,500 | = | 0.0% |
| Other liabilities and charges | 164/5 | €2,500 | €2,500 | = | 0.0% |
| Amounts payable | 17/49 | €412,502 | €383,160 | -€29,342 | -7.1% |
| Amounts payable after more than one year | 17 | €323,142 | €294,284 | -€28,858 | -8.9% |
| Financial debts | 170/4 | €323,142 | €294,284 | -€28,858 | -8.9% |
| Amounts payable within one year | 42/48 | €87,634 | €87,103 | -€531 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €30,805 | €28,858 | -€1,947 | -6.3% |
| Trade debts | 44 | €28,461 | €28,223 | -€238 | -0.8% |
| Suppliers | 440/4 | €28,461 | €28,223 | -€238 | -0.8% |
| Advances received on contracts in progress | 46 | €5,251 | €5,523 | +€272 | +5.2% |
| Taxes, remuneration and social security | 45 | €22,521 | €24,498 | +€1,977 | +8.8% |
| Taxes | 450/3 | €12,292 | €15,889 | +€3,597 | +29.3% |
| Remuneration and social security | 454/9 | €10,229 | €8,609 | -€1,620 | -15.8% |
| Other amounts payable | 47/48 | €596 | - | -€596 | |
| Accrued charges and deferred income | 492/3 | €1,726 | €1,773 | +€47 | +2.7% |
| Non-recurring operating income | 76A | €3,118 | - | -€3,118 | |
| Remuneration, social security and pensions | 62 | €77,480 | €72,811 | -€4,670 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,523 | €30,940 | +€1,417 | +4.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €440 | +€440 | |
| Other operating charges | 640/8 | €9,688 | €10,928 | +€1,240 | +12.8% |
| Gross operating margin | 9900 | €150,937 | €164,835 | +€13,898 | +9.2% |
| Operating profit (loss) | 9901 | €34,246 | €49,717 | +€15,471 | +45.2% |
| Financial income | 75/76B | €51 | €563 | +€512 | +1003.1% |
| Recurring financial income | 75 | €51 | €563 | +€512 | +1003.1% |
| Financial charges | 65/66B | €13,975 | €13,356 | -€619 | -4.4% |
| Recurring financial charges | 65 | €13,975 | €13,356 | -€619 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €20,322 | €36,923 | +€16,601 | +81.7% |
| Income taxes | 67/77 | €7,266 | €14,378 | +€7,112 | +97.9% |
| Profit (loss) for the period | 9904 | €13,056 | €22,546 | +€9,490 | +72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,056 | €22,546 | +€9,490 | +72.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.