Doron: 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.
Doron
Largest movements
- Tangible fixed assets -€7,819
down €7,819 (-6.8%), from €115,782 to €107,963
of which Land and buildings: -€6,729
- Debts after one year -€7,732
down €7,732 (-7.2%), from €108,123 to €100,392
- Gross operating margin -€5,979
down €5,979 (-32.9%), from €18,162 to €12,183
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 | €116,841 | €109,194 | -€7,648 | -6.5% |
| Fixed assets | 21/28 | €115,782 | €107,963 | -€7,819 | -6.8% |
| Tangible fixed assets | 22/27 | €115,782 | €107,963 | -€7,819 | -6.8% |
| Land and buildings | 22 | €114,368 | €107,639 | -€6,729 | -5.9% |
| Plant, machinery and equipment | 23 | €1,413 | €324 | -€1,089 | -77.1% |
| Current assets | 29/58 | €1,060 | €1,230 | +€171 | +16.1% |
| Cash at bank and in hand | 54/58 | €1,019 | €1,186 | +€167 | +16.4% |
| Deferred charges and accrued income | 490/1 | €40 | €44 | +€4 | +10.2% |
| Total equity and liabilities | 10/49 | €116,841 | €109,194 | -€7,648 | -6.5% |
| Equity | 10/15 | -€9,674 | -€9,323 | +€351 | +3.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,774 | -€9,423 | +€351 | +3.6% |
| Amounts payable | 17/49 | €126,515 | €118,517 | -€7,998 | -6.3% |
| Amounts payable after more than one year | 17 | €108,123 | €100,392 | -€7,732 | -7.2% |
| Financial debts | 170/4 | €108,123 | €100,392 | -€7,732 | -7.2% |
| Amounts payable within one year | 42/48 | €18,392 | €18,125 | -€266 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €7,616 | €7,732 | +€116 | +1.5% |
| Trade debts | 44 | - | €592 | +€592 | |
| Suppliers | 440/4 | - | €592 | +€592 | |
| Other amounts payable | 47/48 | €10,776 | €9,801 | -€975 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,819 | €7,819 | = | 0.0% |
| Other operating charges | 640/8 | €1,949 | €2,009 | +€60 | +3.1% |
| Gross operating margin | 9900 | €18,162 | €12,183 | -€5,979 | -32.9% |
| Operating profit (loss) | 9901 | €8,394 | €2,355 | -€6,039 | -71.9% |
| Financial charges | 65/66B | €2,127 | €2,004 | -€123 | -5.8% |
| Recurring financial charges | 65 | €2,127 | €2,004 | -€123 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €6,267 | €351 | -€5,916 | -94.4% |
| Profit (loss) for the period | 9904 | €6,267 | €351 | -€5,916 | -94.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,267 | €351 | -€5,916 | -94.4% |
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.