DORSIA: 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.
DORSIA
Largest movements
- Receivables within one year -€5,213
no longer reported in 2025 (was €5,213)
- Tangible fixed assets -€1,428
no longer reported in 2025 (was €1,428)
- Cash -€309
down €309 (-12.1%), from €2,552 to €2,244
mainly Contributions, distributions and other (-€2,799) and Net result for the year (-€2,510)
- Profit (loss) carried forward -€5,309
down €5,309 (-19.6%), from -€27,104 to -€32,413
- Tax, wage and social debts -€2,246
no longer reported in 2025 (was €2,246)
- Other debts +€605
up €605 (+5.0%), from €12,052 to €12,657
- Gross operating margin +€11,935
up €11,935 (+92.1%), from -€12,962 to -€1,028
- Write-downs -€4,947
no longer reported in 2025 (was €4,947)
- Depreciation -€1,275
down €1,275 (-47.2%), from €2,704 to €1,428
- Taxes +€650
no longer reported in 2025 (was -€650)
- Staff costs -€531
no longer reported in 2025 (was €531)
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 | €9,193 | €2,244 | -€6,950 | -75.6% |
| Fixed assets | 21/28 | €1,428 | - | -€1,428 | |
| Tangible fixed assets | 22/27 | €1,428 | - | -€1,428 | |
| Plant, machinery and equipment | 23 | €1,428 | - | -€1,428 | |
| Current assets | 29/58 | €7,765 | €2,244 | -€5,521 | -71.1% |
| Amounts receivable within one year | 40/41 | €5,213 | - | -€5,213 | |
| Other amounts receivable | 41 | €5,213 | - | -€5,213 | |
| Cash at bank and in hand | 54/58 | €2,552 | €2,244 | -€309 | -12.1% |
| Total equity and liabilities | 10/49 | €9,193 | €2,244 | -€6,950 | -75.6% |
| Equity | 10/15 | -€5,104 | -€10,413 | -€5,309 | -104.0% |
| Reserves | 13 | €22,000 | €22,000 | = | 0.0% |
| Distributable reserves | 133 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,104 | -€32,413 | -€5,309 | -19.6% |
| Amounts payable | 17/49 | €14,298 | €12,657 | -€1,641 | -11.5% |
| Amounts payable within one year | 42/48 | €14,298 | €12,657 | -€1,641 | -11.5% |
| Taxes, remuneration and social security | 45 | €2,246 | - | -€2,246 | |
| Remuneration and social security | 454/9 | €2,246 | - | -€2,246 | |
| Other amounts payable | 47/48 | €12,052 | €12,657 | +€605 | +5.0% |
| Remuneration, social security and pensions | 62 | €531 | - | -€531 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,704 | €1,428 | -€1,275 | -47.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,947 | - | -€4,947 | |
| Gross operating margin | 9900 | -€12,962 | -€1,028 | +€11,935 | +92.1% |
| Operating profit (loss) | 9901 | -€21,145 | -€2,456 | +€18,689 | +88.4% |
| Financial income | 75/76B | €51 | - | -€51 | |
| Recurring financial income | 75 | €51 | - | -€51 | |
| Financial charges | 65/66B | €50 | €54 | +€4 | +8.0% |
| Recurring financial charges | 65 | €50 | €54 | +€4 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,143 | -€2,510 | +€18,634 | +88.1% |
| Income taxes | 67/77 | -€650 | - | +€650 | |
| Profit (loss) for the period | 9904 | -€20,493 | -€2,510 | +€17,984 | +87.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,493 | -€2,510 | +€17,984 | +87.8% |
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 12 October 2026 via checked.be.