Dorenberg: 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.
Dorenberg
Largest movements
- Tangible fixed assets -€24,927
down €24,927 (-37.2%), from €66,994 to €42,067
of which Furniture and vehicles: -€23,821
- Cash +€23,437
up €23,437 (+30.0%), from €78,058 to €101,495
mainly Tax, wage and social debts (+€32,141) and Net result for the year (+€27,648)
- Receivables within one year +€15,216
up €15,216 (+10.3%), from €147,925 to €163,141
of which Trade receivables: +€15,558
- Stocks and contracts -€13,903
down €13,903 (-7.2%), from €192,000 to €178,098
- Trade debts -€38,340
down €38,340 (-53.8%), from €71,236 to €32,896
- Tax, wage and social debts +€32,141
up €32,141 (+219.0%), from €14,674 to €46,816
of which Remuneration and social security: +€21,291
- Debts after one year -€21,777
down €21,777 (-48.6%), from €44,805 to €23,027
- Reserves +€20,000
up €20,000 (+22.8%), from €87,766 to €107,766
- Profit (loss) carried forward +€7,648
up €7,648 (+3.2%), from €235,644 to €243,292
- Staff costs +€32,740
up €32,740 (+28.7%), from €114,156 to €146,896
- Gross operating margin -€14,849
down €14,849 (-6.4%), from €233,396 to €218,547
- Taxes -€10,068
down €10,068 (-43.5%), from €23,133 to €13,065
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 | €494,761 | €495,372 | +€611 | +0.1% |
| Fixed assets | 21/28 | €66,994 | €42,067 | -€24,927 | -37.2% |
| Tangible fixed assets | 22/27 | €66,994 | €42,067 | -€24,927 | -37.2% |
| Plant, machinery and equipment | 23 | €3,893 | €2,787 | -€1,106 | -28.4% |
| Furniture and vehicles | 24 | €63,101 | €39,281 | -€23,821 | -37.7% |
| Current assets | 29/58 | €427,766 | €453,305 | +€25,538 | +6.0% |
| Stocks and contracts in progress | 3 | €192,000 | €178,098 | -€13,903 | -7.2% |
| Stocks | 30/36 | €192,000 | €178,098 | -€13,903 | -7.2% |
| Amounts receivable within one year | 40/41 | €147,925 | €163,141 | +€15,216 | +10.3% |
| Trade receivables | 40 | €145,164 | €160,722 | +€15,558 | +10.7% |
| Other amounts receivable | 41 | €2,760 | €2,419 | -€342 | -12.4% |
| Cash at bank and in hand | 54/58 | €78,058 | €101,495 | +€23,437 | +30.0% |
| Deferred charges and accrued income | 490/1 | €9,784 | €10,571 | +€787 | +8.0% |
| Total equity and liabilities | 10/49 | €494,761 | €495,372 | +€611 | +0.1% |
| Equity | 10/15 | €342,010 | €369,658 | +€27,648 | +8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87,766 | €107,766 | +€20,000 | +22.8% |
| Distributable reserves | 133 | €87,766 | €107,766 | +€20,000 | +22.8% |
| Profit (loss) carried forward | 14 | €235,644 | €243,292 | +€7,648 | +3.2% |
| Amounts payable | 17/49 | €152,751 | €125,714 | -€27,037 | -17.7% |
| Amounts payable after more than one year | 17 | €44,805 | €23,027 | -€21,777 | -48.6% |
| Financial debts | 170/4 | €44,805 | €23,027 | -€21,777 | -48.6% |
| Amounts payable within one year | 42/48 | €107,946 | €102,477 | -€5,470 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €20,999 | €21,777 | +€778 | +3.7% |
| Trade debts | 44 | €71,236 | €32,896 | -€38,340 | -53.8% |
| Suppliers | 440/4 | €71,236 | €32,896 | -€38,340 | -53.8% |
| Taxes, remuneration and social security | 45 | €14,674 | €46,816 | +€32,141 | +219.0% |
| Taxes | 450/3 | €14,674 | €25,525 | +€10,851 | +73.9% |
| Remuneration and social security | 454/9 | - | €21,291 | +€21,291 | |
| Other amounts payable | 47/48 | €1,038 | €988 | -€50 | -4.8% |
| Accrued charges and deferred income | 492/3 | - | €210 | +€210 | |
| Non-recurring operating income | 76A | - | €768 | +€768 | |
| Remuneration, social security and pensions | 62 | €114,156 | €146,896 | +€32,740 | +28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,511 | €23,395 | -€115 | -0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €540 | €2,485 | +€1,945 | +360.2% |
| Other operating charges | 640/8 | €5,383 | €4,903 | -€480 | -8.9% |
| Gross operating margin | 9900 | €233,396 | €218,547 | -€14,849 | -6.4% |
| Operating profit (loss) | 9901 | €89,806 | €40,867 | -€48,939 | -54.5% |
| Financial income | 75/76B | €2,199 | €2,062 | -€137 | -6.2% |
| Recurring financial income | 75 | €2,199 | €2,062 | -€137 | -6.2% |
| Financial charges | 65/66B | €3,361 | €2,217 | -€1,145 | -34.1% |
| Recurring financial charges | 65 | €3,361 | €2,217 | -€1,145 | -34.1% |
| Profit (loss) for the period before taxes | 9903 | €88,643 | €40,712 | -€47,931 | -54.1% |
| Income taxes | 67/77 | €23,133 | €13,065 | -€10,068 | -43.5% |
| Profit (loss) for the period | 9904 | €65,511 | €27,648 | -€37,863 | -57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €65,511 | €27,648 | -€37,863 | -57.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.