DORELLO: 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.
DORELLO
Largest movements
- Receivables within one year -€333,527
down €333,527 (-4.7%), from €7.1m to €6.8m
of which Other amounts receivable: -€333,527
- Deferred charges and accrued income -€309,940
down €309,940 (-34.2%), from €906,604 to €596,664
- Debts after one year -€444,171
down €444,171 (-11.8%), from €3.8m to €3.3m
- Financial charges -€21,547
down €21,547 (-19.6%), from €110,203 to €88,655
- Gross operating margin +€1,861
up €1,861 (+39.4%), from -€4,718 to -€2,857
- Financial income -€802
down €802 (-1.1%), from €70,387 to €69,585
- Other operating charges -€389
down €389 (-21.0%), from €1,850 to €1,460
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 | €21,420,322 | €20,776,966 | -€643,356 | -3.0% |
| Fixed assets | 21/28 | €13,148,340 | €13,148,340 | = | 0.0% |
| Financial fixed assets | 28 | €13,148,340 | €13,148,340 | = | 0.0% |
| Current assets | 29/58 | €8,271,982 | €7,628,626 | -€643,356 | -7.8% |
| Amounts receivable within one year | 40/41 | €7,123,836 | €6,790,310 | -€333,527 | -4.7% |
| Trade receivables | 40 | €16,649 | €16,649 | = | 0.0% |
| Other amounts receivable | 41 | €7,107,188 | €6,773,661 | -€333,527 | -4.7% |
| Current investments | 50/53 | €241,542 | €241,542 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €110 | +€110 | |
| Deferred charges and accrued income | 490/1 | €906,604 | €596,664 | -€309,940 | -34.2% |
| Total equity and liabilities | 10/49 | €21,420,322 | €20,776,966 | -€643,356 | -3.0% |
| Equity | 10/15 | €11,804,439 | €11,781,051 | -€23,388 | -0.2% |
| Contributions | 10/11 | €7,512,400 | €7,512,400 | = | 0.0% |
| Capital | 10 | €7,512,400 | €7,512,400 | = | 0.0% |
| Issued capital | 100 | €7,518,600 | €7,518,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32,279 | €32,279 | = | 0.0% |
| Non-distributable reserves | 130/1 | €32,279 | €32,279 | = | 0.0% |
| Legal reserve | 130 | €32,279 | €32,279 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,259,760 | €4,236,372 | -€23,388 | -0.5% |
| Amounts payable | 17/49 | €9,615,883 | €8,995,915 | -€619,968 | -6.4% |
| Amounts payable after more than one year | 17 | €3,768,141 | €3,323,970 | -€444,171 | -11.8% |
| Financial debts | 170/4 | €3,768,141 | €3,323,970 | -€444,171 | -11.8% |
| Amounts payable within one year | 42/48 | €5,011,032 | €5,020,636 | +€9,604 | +0.2% |
| Financial debts | 43 | €251 | - | -€251 | |
| Credit institutions | 430/8 | €251 | - | -€251 | |
| Trade debts | 44 | €6,491 | €10,809 | +€4,317 | +66.5% |
| Suppliers | 440/4 | €6,491 | €10,809 | +€4,317 | +66.5% |
| Other amounts payable | 47/48 | €5,004,289 | €5,009,827 | +€5,538 | +0.1% |
| Accrued charges and deferred income | 492/3 | €836,710 | €651,309 | -€185,401 | -22.2% |
| Other operating charges | 640/8 | €1,850 | €1,460 | -€389 | -21.0% |
| Gross operating margin | 9900 | -€4,718 | -€2,857 | +€1,861 | +39.4% |
| Operating profit (loss) | 9901 | -€6,567 | -€4,317 | +€2,250 | +34.3% |
| Financial income | 75/76B | €70,387 | €69,585 | -€802 | -1.1% |
| Recurring financial income | 75 | €70,387 | €69,585 | -€802 | -1.1% |
| Financial charges | 65/66B | €110,203 | €88,655 | -€21,547 | -19.6% |
| Recurring financial charges | 65 | €110,203 | €88,655 | -€21,547 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | -€46,383 | -€23,388 | +€22,995 | +49.6% |
| Profit (loss) for the period | 9904 | -€46,383 | -€23,388 | +€22,995 | +49.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,383 | -€23,388 | +€22,995 | +49.6% |
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 6 October 2026 via checked.be.