DORTANT BVBA: 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.
DORTANT BVBA
Largest movements
- Stocks and contracts -€161,349
down €161,349 (-26.1%), from €618,965 to €457,617
- Cash +€150,120
up €150,120 (+84.5%), from €177,704 to €327,824
mainly Stocks and contracts (+€161,349) and Net result for the year (+€94,927)
- Tangible fixed assets -€52,787
down €52,787 (-13.2%), from €400,072 to €347,285
of which Furniture and vehicles: -€33,677
- Reserves -€77,257
down €77,257 (-7.5%), from €1.0m to €958,579
of which Distributable reserves: -€77,257
- Short-term financial debts -€47,800
down €47,800 (-91.4%), from €52,300 to €4,500
- Debts after one year +€40,442
up €40,442 (+48.4%), from €83,609 to €124,051
- Current portion of long-term debt +€20,968
up €20,968 (+28.2%), from €74,388 to €95,356
- Tax, wage and social debts +€18,490
up €18,490 (+37.7%), from €49,013 to €67,503
of which Taxes: +€16,520
- Gross operating margin -€16,195
down €16,195 (-3.1%), from €518,162 to €501,967
- Staff costs +€13,005
up €13,005 (+4.9%), from €267,268 to €280,272
- Taxes -€5,287
down €5,287 (-11.0%), from €48,144 to €42,858
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 | €1,503,923 | €1,438,148 | -€65,775 | -4.4% |
| Fixed assets | 21/28 | €400,307 | €348,020 | -€52,287 | -13.1% |
| Tangible fixed assets | 22/27 | €400,072 | €347,285 | -€52,787 | -13.2% |
| Land and buildings | 22 | €279,165 | €265,573 | -€13,592 | -4.9% |
| Plant, machinery and equipment | 23 | €16,833 | €11,316 | -€5,517 | -32.8% |
| Furniture and vehicles | 24 | €104,074 | €70,396 | -€33,677 | -32.4% |
| Financial fixed assets | 28 | €235 | €735 | +€500 | +213% |
| Current assets | 29/58 | €1,103,617 | €1,090,128 | -€13,488 | -1.2% |
| Stocks and contracts in progress | 3 | €618,965 | €457,617 | -€161,349 | -26.1% |
| Stocks | 30/36 | €618,965 | €457,617 | -€161,349 | -26.1% |
| Amounts receivable within one year | 40/41 | €304,979 | €302,495 | -€2,484 | -0.8% |
| Trade receivables | 40 | €303,123 | €300,639 | -€2,484 | -0.8% |
| Other amounts receivable | 41 | €1,856 | €1,856 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €177,704 | €327,824 | +€150,120 | +84.5% |
| Deferred charges and accrued income | 490/1 | €1,969 | €2,192 | +€224 | +11.4% |
| Total equity and liabilities | 10/49 | €1,503,923 | €1,438,148 | -€65,775 | -4.4% |
| Equity | 10/15 | €1,042,159 | €964,903 | -€77,257 | -7.4% |
| Contributions | 10/11 | €6,324 | €6,324 | = | 0.0% |
| Reserves | 13 | €1,035,835 | €958,579 | -€77,257 | -7.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €75,461 | €75,461 | = | 0.0% |
| Distributable reserves | 133 | €958,515 | €881,258 | -€77,257 | -8.1% |
| Amounts payable | 17/49 | €461,764 | €473,246 | +€11,482 | +2.5% |
| Amounts payable after more than one year | 17 | €83,609 | €124,051 | +€40,442 | +48.4% |
| Financial debts | 170/4 | €83,609 | €124,051 | +€40,442 | +48.4% |
| Amounts payable within one year | 42/48 | €361,097 | €331,529 | -€29,568 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €74,388 | €95,356 | +€20,968 | +28.2% |
| Financial debts | 43 | €52,300 | €4,500 | -€47,800 | -91.4% |
| Other loans | 439 | €52,300 | €4,500 | -€47,800 | -91.4% |
| Trade debts | 44 | €181,447 | €164,170 | -€17,277 | -9.5% |
| Suppliers | 440/4 | €181,447 | €164,170 | -€17,277 | -9.5% |
| Taxes, remuneration and social security | 45 | €49,013 | €67,503 | +€18,490 | +37.7% |
| Taxes | 450/3 | €18,550 | €35,070 | +€16,520 | +89.1% |
| Remuneration and social security | 454/9 | €30,463 | €32,433 | +€1,970 | +6.5% |
| Other amounts payable | 47/48 | €3,950 | - | -€3,950 | |
| Accrued charges and deferred income | 492/3 | €17,058 | €17,665 | +€607 | +3.6% |
| Remuneration, social security and pensions | 62 | €267,268 | €280,272 | +€13,005 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,391 | €73,996 | -€2,395 | -3.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€527 | -€527 | |
| Other operating charges | 640/8 | €5,221 | €6,462 | +€1,242 | +23.8% |
| Gross operating margin | 9900 | €518,162 | €501,967 | -€16,195 | -3.1% |
| Operating profit (loss) | 9901 | €169,282 | €141,764 | -€27,518 | -16.3% |
| Financial income | 75/76B | €15,575 | €14,709 | -€866 | -5.6% |
| Recurring financial income | 75 | €15,575 | €14,709 | -€866 | -5.6% |
| Financial charges | 65/66B | €20,588 | €18,688 | -€1,900 | -9.2% |
| Recurring financial charges | 65 | €20,588 | €18,688 | -€1,900 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €164,269 | €137,785 | -€26,484 | -16.1% |
| Income taxes | 67/77 | €48,144 | €42,858 | -€5,287 | -11.0% |
| Profit (loss) for the period | 9904 | €116,125 | €94,927 | -€21,198 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €116,125 | €94,927 | -€21,198 | -18.3% |
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 19 October 2026 via checked.be.