DORNWALD: 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.
DORNWALD
Largest movements
- Receivables within one year +€231,584
up €231,584 (+1,506%), from €15,381 to €246,964
of which Trade receivables: +€231,569
- Cash +€34,250
up €34,250 (+130%), from €26,438 to €60,687
mainly Other debts (+€133,000) and Net result for the year (+€93,888)
- Financial fixed assets +€12,100
new in 2025: €12,100
- Tangible fixed assets -€8,067
down €8,067 (-20.1%), from €40,178 to €32,112
- Other debts +€133,000
up €133,000 (+757%), from €17,564 to €150,564
- Reserves +€93,055
up €93,055 (+467%), from €19,912 to €112,967
- Tax, wage and social debts +€42,936
up €42,936 (+428%), from €10,022 to €52,958
- Gross operating margin +€103,665
up €103,665 (+362%), from €28,602 to €132,267
- Taxes +€20,832
up €20,832 (+409%), from €5,094 to €25,927
- Depreciation +€7,912
up €7,912 (+5,128%), from €154 to €8,067
- Financial charges +€2,673
up €2,673 (+295%), from €906 to €3,579
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 | €81,996 | €351,864 | +€269,867 | +329% |
| Fixed assets | 21/28 | €40,178 | €44,212 | +€4,034 | +10.0% |
| Tangible fixed assets | 22/27 | €40,178 | €32,112 | -€8,067 | -20.1% |
| Furniture and vehicles | 24 | €40,178 | €32,112 | -€8,067 | -20.1% |
| Financial fixed assets | 28 | - | €12,100 | +€12,100 | |
| Current assets | 29/58 | €41,818 | €307,652 | +€265,834 | +636% |
| Amounts receivable within one year | 40/41 | €15,381 | €246,964 | +€231,584 | +1,506% |
| Trade receivables | 40 | €15,381 | €246,949 | +€231,569 | +1,506% |
| Other amounts receivable | 41 | - | €15 | +€15 | |
| Cash at bank and in hand | 54/58 | €26,438 | €60,687 | +€34,250 | +130% |
| Total equity and liabilities | 10/49 | €81,996 | €351,864 | +€269,867 | +329% |
| Equity | 10/15 | €29,912 | €122,967 | +€93,055 | +311% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €19,912 | €112,967 | +€93,055 | +467% |
| Distributable reserves | 133 | €19,912 | €112,967 | +€93,055 | +467% |
| Amounts payable | 17/49 | €52,084 | €228,896 | +€176,812 | +339% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €31,172 | €205,559 | +€174,387 | +559% |
| Trade debts | 44 | €3,586 | €2,037 | -€1,549 | -43.2% |
| Suppliers | 440/4 | €3,586 | €2,037 | -€1,549 | -43.2% |
| Taxes, remuneration and social security | 45 | €10,022 | €52,958 | +€42,936 | +428% |
| Taxes | 450/3 | €10,022 | €52,958 | +€42,936 | +428% |
| Other amounts payable | 47/48 | €17,564 | €150,564 | +€133,000 | +757% |
| Accrued charges and deferred income | 492/3 | €912 | €3,337 | +€2,425 | +266% |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154 | €8,067 | +€7,912 | +5,128% |
| Other operating charges | 640/8 | €585 | €807 | +€221 | +37.8% |
| Gross operating margin | 9900 | €28,602 | €132,267 | +€103,665 | +362% |
| Operating profit (loss) | 9901 | €27,863 | €123,394 | +€95,531 | +343% |
| Financial income | 75/76B | €7 | €0 | -€7 | -99.0% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -99.0% |
| Financial charges | 65/66B | €906 | €3,579 | +€2,673 | +295% |
| Recurring financial charges | 65 | €906 | €3,579 | +€2,673 | +295% |
| Profit (loss) for the period before taxes | 9903 | €26,964 | €119,815 | +€92,851 | +344% |
| Income taxes | 67/77 | €5,094 | €25,927 | +€20,832 | +409% |
| Profit (loss) for the period | 9904 | €21,870 | €93,888 | +€72,019 | +329% |
| Profit (loss) for the period to be appropriated | 9905 | €21,870 | €93,888 | +€72,019 | +329% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.