DORO: 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.
DORO
Largest movements
- Cash +€463,266
up €463,266 (+218.8%), from €211,769 to €675,035
mainly Net result for the year (+€398,501) and Receivables within one year (+€88,538)
- Receivables within one year -€88,538
down €88,538 (-12.2%), from €727,032 to €638,494
of which Trade receivables: -€95,203
- Current investments -€84,368
down €84,368 (-77.4%), from €109,000 to €24,632
- Reserves +€302,250
up €302,250 (+34.9%), from €865,275 to €1.2m
of which Distributable reserves: +€302,250
- Other debts -€29,285
down €29,285 (-81.9%), from €35,759 to €6,474
- Trade debts +€19,006
up €19,006 (+13.2%), from €143,536 to €162,542
- Gross operating margin +€362,025
up €362,025 (+29.8%), from €1.2m to €1.6m
- Staff costs +€165,340
up €165,340 (+20.2%), from €818,680 to €984,021
- Taxes +€44,146
up €44,146 (+42.8%), from €103,259 to €147,405
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 | €1,272,845 | €1,571,478 | +€298,633 | +23.5% |
| Fixed assets | 21/28 | €54,898 | €56,428 | +€1,530 | +2.8% |
| Intangible fixed assets | 21 | €3,063 | €1,716 | -€1,347 | -44.0% |
| Tangible fixed assets | 22/27 | €51,834 | €54,712 | +€2,878 | +5.6% |
| Land and buildings | 22 | €0 | €0 | -€0 | -100.0% |
| Plant, machinery and equipment | 23 | €30,132 | €29,309 | -€823 | -2.7% |
| Furniture and vehicles | 24 | €21,702 | €19,078 | -€2,624 | -12.1% |
| Other tangible fixed assets | 26 | - | €6,324 | +€6,324 | |
| Current assets | 29/58 | €1,217,947 | €1,515,050 | +€297,103 | +24.4% |
| Amounts receivable after more than one year | 29 | €144,400 | €144,400 | = | 0.0% |
| Other amounts receivable | 291 | €144,400 | €144,400 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €727,032 | €638,494 | -€88,538 | -12.2% |
| Trade receivables | 40 | €726,091 | €630,888 | -€95,203 | -13.1% |
| Other amounts receivable | 41 | €941 | €7,606 | +€6,666 | +708.6% |
| Current investments | 50/53 | €109,000 | €24,632 | -€84,368 | -77.4% |
| Cash at bank and in hand | 54/58 | €211,769 | €675,035 | +€463,266 | +218.8% |
| Deferred charges and accrued income | 490/1 | €25,747 | €32,490 | +€6,743 | +26.2% |
| Total equity and liabilities | 10/49 | €1,272,845 | €1,571,478 | +€298,633 | +23.5% |
| Equity | 10/15 | €883,875 | €1,186,125 | +€302,250 | +34.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €865,275 | €1,167,525 | +€302,250 | +34.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €865,275 | €1,167,525 | +€302,250 | +34.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €388,970 | €385,353 | -€3,617 | -0.9% |
| Amounts payable within one year | 42/48 | €387,660 | €385,353 | -€2,307 | -0.6% |
| Trade debts | 44 | €143,536 | €162,542 | +€19,006 | +13.2% |
| Suppliers | 440/4 | €143,536 | €162,542 | +€19,006 | +13.2% |
| Taxes, remuneration and social security | 45 | €208,366 | €216,337 | +€7,972 | +3.8% |
| Taxes | 450/3 | €70,062 | €76,626 | +€6,564 | +9.4% |
| Remuneration and social security | 454/9 | €138,304 | €139,711 | +€1,407 | +1.0% |
| Other amounts payable | 47/48 | €35,759 | €6,474 | -€29,285 | -81.9% |
| Accrued charges and deferred income | 492/3 | €1,310 | €0 | -€1,310 | -100.0% |
| Non-recurring operating income | 76A | - | €3,291 | +€3,291 | |
| Remuneration, social security and pensions | 62 | €818,680 | €984,021 | +€165,340 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,730 | €26,579 | +€4,849 | +22.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,220 | €2,543 | +€3,763 | |
| Other operating charges | 640/8 | €5,073 | €6,990 | +€1,917 | +37.8% |
| Gross operating margin | 9900 | €1,215,099 | €1,577,123 | +€362,025 | +29.8% |
| Operating profit (loss) | 9901 | €370,836 | €556,990 | +€186,155 | +50.2% |
| Financial income | 75/76B | €4,532 | €5,333 | +€801 | +17.7% |
| Recurring financial income | 75 | €4,532 | €5,333 | +€801 | +17.7% |
| Financial charges | 65/66B | €6,337 | €16,417 | +€10,080 | +159.1% |
| Recurring financial charges | 65 | €6,337 | €16,417 | +€10,080 | +159.1% |
| Profit (loss) for the period before taxes | 9903 | €369,030 | €545,906 | +€176,876 | +47.9% |
| Income taxes | 67/77 | €103,259 | €147,405 | +€44,146 | +42.8% |
| Profit (loss) for the period | 9904 | €265,772 | €398,501 | +€132,729 | +49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €265,772 | €398,501 | +€132,729 | +49.9% |
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 10 October 2026 via checked.be.