DOR AIRLINES: 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.
DOR AIRLINES
Largest movements
- Tangible fixed assets +€54,664
up €54,664 (+503%), from €10,868 to €65,532
of which Furniture and vehicles: +€56,131
- Deferred charges and accrued income -€4,069
down €4,069 (-74.1%), from €5,488 to €1,419
- Revaluation surpluses +€60,000
new in 2026: €60,000
- Debts after one year -€40,000
down €40,000 (-100%), from €40,000 to €0
- Profit (loss) carried forward +€33,341
up €33,341 (+72.6%), from -€45,948 to -€12,607
- Trade debts -€3,726
down €3,726 (-69.2%), from €5,388 to €1,662
- Advances received +€934
new in 2026: €934
- Gross operating margin +€38,260
up €38,260 (+4,458%), from €858 to €39,118
- Depreciation -€5,349
down €5,349 (-50.9%), from €10,503 to €5,155
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,206 | €68,756 | +€50,551 | +278% |
| Fixed assets | 21/28 | €11,173 | €65,732 | +€54,559 | +488% |
| Tangible fixed assets | 22/27 | €10,868 | €65,532 | +€54,664 | +503% |
| Plant, machinery and equipment | 23 | €2,233 | €765 | -€1,467 | -65.7% |
| Furniture and vehicles | 24 | €8,636 | €64,767 | +€56,131 | +650% |
| Financial fixed assets | 28 | €305 | €200 | -€105 | -34.4% |
| Current assets | 29/58 | €7,032 | €3,024 | -€4,008 | -57.0% |
| Amounts receivable within one year | 40/41 | €1,111 | €1,491 | +€380 | +34.2% |
| Trade receivables | 40 | €0 | €359 | +€359 | |
| Other amounts receivable | 41 | €1,111 | €1,132 | +€21 | +1.9% |
| Cash at bank and in hand | 54/58 | €433 | €113 | -€320 | -73.9% |
| Deferred charges and accrued income | 490/1 | €5,488 | €1,419 | -€4,069 | -74.1% |
| Total equity and liabilities | 10/49 | €18,206 | €68,756 | +€50,551 | +278% |
| Equity | 10/15 | -€27,348 | €65,993 | +€93,341 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | - | €60,000 | +€60,000 | |
| Profit (loss) carried forward | 14 | -€45,948 | -€12,607 | +€33,341 | +72.6% |
| Amounts payable | 17/49 | €45,553 | €2,763 | -€42,790 | -93.9% |
| Amounts payable after more than one year | 17 | €40,000 | €0 | -€40,000 | -100% |
| Other amounts payable | 178/9 | €40,000 | €0 | -€40,000 | -100% |
| Amounts payable within one year | 42/48 | €5,388 | €2,596 | -€2,792 | -51.8% |
| Trade debts | 44 | €5,388 | €1,662 | -€3,726 | -69.2% |
| Suppliers | 440/4 | €5,388 | €1,662 | -€3,726 | -69.2% |
| Advances received on contracts in progress | 46 | - | €934 | +€934 | |
| Accrued charges and deferred income | 492/3 | €166 | €168 | +€2 | +1.4% |
| Non-recurring operating income | 76A | - | €25 | +€25 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,503 | €5,155 | -€5,349 | -50.9% |
| Other operating charges | 640/8 | €457 | €468 | +€11 | +2.4% |
| Gross operating margin | 9900 | €858 | €39,118 | +€38,260 | +4,458% |
| Operating profit (loss) | 9901 | -€10,102 | €33,495 | +€43,597 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -90.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -90.9% |
| Financial charges | 65/66B | €10 | €155 | +€145 | +1,472% |
| Recurring financial charges | 65 | €10 | €50 | +€40 | +407% |
| Non-recurring financial charges | 66B | - | €105 | +€105 | |
| Profit (loss) for the period before taxes | 9903 | -€10,111 | €33,341 | +€43,452 | |
| Profit (loss) for the period | 9904 | -€10,111 | €33,341 | +€43,452 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,111 | €33,341 | +€43,452 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.