DORGE: 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.
DORGE
Largest movements
- Tangible fixed assets -€14,546
down €14,546 (-51.5%), from €28,222 to €13,676
of which Furniture and vehicles: -€14,046
- Cash -€3,635
down €3,635 (-44.1%), from €8,238 to €4,603
mainly Net result for the year (-€14,854) and Current portion of long-term debt (-€8,450)
- Profit (loss) carried forward -€14,854
down €14,854 (-85.0%), from -€17,473 to -€32,327
- Other debts +€10,704
up €10,704 (+34.7%), from €30,819 to €41,523
- Current portion of long-term debt -€8,450
no longer reported in 2025 (was €8,450)
- Debts after one year -€5,889
no longer reported in 2025 (was €5,889)
- Gross operating margin -€11,351
down €11,351, from €11,171 to -€180
- Depreciation -€5,082
down €5,082 (-25.9%), from €19,628 to €14,546
- Other operating charges -€3,769
no longer reported in 2025 (was €3,769)
- Taxes -€2,944
down €2,944 (-95.8%), from €3,073 to €129
- Financial charges -€2,179
no longer reported in 2025 (was €2,179)
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.
Derived cash bridge
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 | €36,460 | €18,295 | -€18,165 | -49.8% |
| Fixed assets | 21/28 | €28,222 | €13,676 | -€14,546 | -51.5% |
| Tangible fixed assets | 22/27 | €28,222 | €13,676 | -€14,546 | -51.5% |
| Plant, machinery and equipment | 23 | €619 | €119 | -€500 | -80.8% |
| Furniture and vehicles | 24 | €27,603 | €13,557 | -€14,046 | -50.9% |
| Current assets | 29/58 | €8,238 | €4,619 | -€3,619 | -43.9% |
| Cash at bank and in hand | 54/58 | €8,238 | €4,603 | -€3,635 | -44.1% |
| Deferred charges and accrued income | 490/1 | - | €17 | +€17 | |
| Total equity and liabilities | 10/49 | €36,460 | €18,295 | -€18,165 | -49.8% |
| Equity | 10/15 | -€14,473 | -€29,327 | -€14,854 | -103% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,473 | -€32,327 | -€14,854 | -85.0% |
| Amounts payable | 17/49 | €50,933 | €47,623 | -€3,310 | -6.5% |
| Amounts payable after more than one year | 17 | €5,889 | - | -€5,889 | |
| Financial debts | 170/4 | €5,889 | - | -€5,889 | |
| Amounts payable within one year | 42/48 | €45,044 | €47,623 | +€2,578 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €8,450 | - | -€8,450 | |
| Trade debts | 44 | €706 | €902 | +€197 | +27.8% |
| Suppliers | 440/4 | €706 | €902 | +€197 | +27.8% |
| Taxes, remuneration and social security | 45 | €5,069 | €5,198 | +€129 | +2.5% |
| Taxes | 450/3 | €5,069 | €5,198 | +€129 | +2.5% |
| Other amounts payable | 47/48 | €30,819 | €41,523 | +€10,704 | +34.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,628 | €14,546 | -€5,082 | -25.9% |
| Other operating charges | 640/8 | €3,769 | - | -€3,769 | |
| Gross operating margin | 9900 | €11,171 | -€180 | -€11,351 | |
| Operating profit (loss) | 9901 | -€12,227 | -€14,726 | -€2,499 | -20.4% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €2,179 | - | -€2,179 | |
| Recurring financial charges | 65 | €2,179 | - | -€2,179 | |
| Profit (loss) for the period before taxes | 9903 | -€14,400 | -€14,726 | -€325 | -2.3% |
| Income taxes | 67/77 | €3,073 | €129 | -€2,944 | -95.8% |
| Profit (loss) for the period | 9904 | -€17,473 | -€14,854 | +€2,619 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,473 | -€14,854 | +€2,619 | +15.0% |
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 18 October 2026 via checked.be.