DORADA: 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.
DORADA
Largest movements
- Tangible fixed assets -€38,234
down €38,234 (-16.7%), from €229,499 to €191,264
of which Other tangible fixed assets: -€29,012
- Cash +€8,283
up €8,283 (+45.1%), from €18,354 to €26,637
mainly Net result for the year (+€63,316) and Depreciation (+€38,854)
- Stocks and contracts +€4,000
up €4,000 (+66.7%), from €6,000 to €10,000
- Other debts -€78,069
down €78,069 (-33.2%), from €235,135 to €157,066
- Profit (loss) carried forward +€63,316
up €63,316 (+57.2%), from -€110,779 to -€47,463
- Debts after one year -€28,956
down €28,956 (-30.1%), from €96,124 to €67,169
- Tax, wage and social debts +€9,278
up €9,278 (+318.8%), from €2,910 to €12,188
- Trade debts +€6,697
up €6,697 (+115.2%), from €5,814 to €12,511
- Gross operating margin +€139,844
up €139,844 (+629.0%), from €22,234 to €162,077
- Turnover +€132,830
up €132,830 (+62.6%), from €212,290 to €345,119
- Staff costs +€41,578
up €41,578 (+504.6%), from €8,240 to €49,818
- Purchases and services -€7,014
down €7,014 (-3.7%), from €190,056 to €183,042
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €261,122 | €233,926 | -€27,196 | -10.4% |
| Fixed assets | 21/28 | €234,283 | €195,429 | -€38,854 | -16.6% |
| Intangible fixed assets | 21 | €4,381 | €3,761 | -€620 | -14.1% |
| Tangible fixed assets | 22/27 | €229,499 | €191,264 | -€38,234 | -16.7% |
| Plant, machinery and equipment | 23 | €29,295 | €20,073 | -€9,222 | -31.5% |
| Other tangible fixed assets | 26 | €200,204 | €171,191 | -€29,012 | -14.5% |
| Financial fixed assets | 28 | €404 | €404 | = | 0.0% |
| Current assets | 29/58 | €26,839 | €38,497 | +€11,658 | +43.4% |
| Stocks and contracts in progress | 3 | €6,000 | €10,000 | +€4,000 | +66.7% |
| Stocks | 30/36 | €6,000 | €10,000 | +€4,000 | +66.7% |
| Amounts receivable within one year | 40/41 | €934 | €1,646 | +€712 | +76.2% |
| Trade receivables | 40 | €934 | €1,646 | +€712 | +76.2% |
| Cash at bank and in hand | 54/58 | €18,354 | €26,637 | +€8,283 | +45.1% |
| Deferred charges and accrued income | 490/1 | €1,552 | €214 | -€1,337 | -86.2% |
| Total equity and liabilities | 10/49 | €261,122 | €233,926 | -€27,196 | -10.4% |
| Equity | 10/15 | -€107,279 | -€43,963 | +€63,316 | +59.0% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,779 | -€47,463 | +€63,316 | +57.2% |
| Amounts payable | 17/49 | €368,402 | €277,889 | -€90,512 | -24.6% |
| Amounts payable after more than one year | 17 | €96,124 | €67,169 | -€28,956 | -30.1% |
| Financial debts | 170/4 | €96,124 | €67,169 | -€28,956 | -30.1% |
| Amounts payable within one year | 42/48 | €272,278 | €210,721 | -€61,557 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €28,418 | €28,956 | +€538 | +1.9% |
| Trade debts | 44 | €5,814 | €12,511 | +€6,697 | +115.2% |
| Suppliers | 440/4 | €5,814 | €12,511 | +€6,697 | +115.2% |
| Taxes, remuneration and social security | 45 | €2,910 | €12,188 | +€9,278 | +318.8% |
| Taxes | 450/3 | €2,910 | €12,188 | +€9,278 | +318.8% |
| Other amounts payable | 47/48 | €235,135 | €157,066 | -€78,069 | -33.2% |
| Turnover | 70 | €212,290 | €345,119 | +€132,830 | +62.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €190,056 | €183,042 | -€7,014 | -3.7% |
| Remuneration, social security and pensions | 62 | €8,240 | €49,818 | +€41,578 | +504.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,722 | €38,854 | +€133 | +0.3% |
| Other operating charges | 640/8 | €3,852 | €1,328 | -€2,525 | -65.5% |
| Gross operating margin | 9900 | €22,234 | €162,077 | +€139,844 | +629.0% |
| Operating profit (loss) | 9901 | -€28,581 | €72,077 | +€100,658 | |
| Financial income | 75/76B | €222 | €157 | -€66 | -29.6% |
| Recurring financial income | 75 | €222 | €157 | -€66 | -29.6% |
| Financial charges | 65/66B | €6,558 | €8,918 | +€2,359 | +36.0% |
| Recurring financial charges | 65 | €6,558 | €8,918 | +€2,359 | +36.0% |
| Non-recurring financial charges | 66B | €6,558 | €8,918 | +€2,359 | +36.0% |
| Profit (loss) for the period before taxes | 9903 | -€34,917 | €63,316 | +€98,233 | |
| Profit (loss) for the period | 9904 | -€34,917 | €63,316 | +€98,233 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,917 | €63,316 | +€98,233 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.