DOVANI: 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.
DOVANI
Largest movements
- Tangible fixed assets +€197,050
up €197,050 (+55.6%), from €354,444 to €551,494
of which Land and buildings: +€194,960
- Cash -€25,733
down €25,733 (-67.2%), from €38,293 to €12,560
mainly Investment in fixed assets (net) (-€216,193) and Net result for the year (-€19,602)
- Receivables within one year +€17,575
up €17,575 (+99.1%), from €17,739 to €35,314
of which Other amounts receivable: +€33,109
- Trade debts +€235,286
up €235,286 (+391%), from €60,129 to €295,415
- Reserves -€19,602
down €19,602 (-37.7%), from €51,957 to €32,355
- Debts after one year -€18,962
down €18,962 (-6.8%), from €278,385 to €259,423
- Tax, wage and social debts -€11,326
down €11,326 (-69.5%), from €16,303 to €4,977
of which Taxes: -€11,150
- Gross operating margin -€7,845
down €7,845 (-27.5%), from €28,571 to €20,727
- Depreciation +€3,693
up €3,693 (+23.9%), from €15,450 to €19,143
- Other operating charges +€1,473
up €1,473 (+33.1%), from €4,446 to €5,919
- Financial charges +€862
up €862 (+6.0%), from €14,425 to €15,287
- Taxes -€567
no longer reported in 2025 (was €567)
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 | €430,618 | €619,474 | +€188,856 | +43.9% |
| Fixed assets | 21/28 | €354,562 | €551,612 | +€197,050 | +55.6% |
| Tangible fixed assets | 22/27 | €354,444 | €551,494 | +€197,050 | +55.6% |
| Land and buildings | 22 | €209,264 | €404,224 | +€194,960 | +93.2% |
| Plant, machinery and equipment | 23 | €24,467 | €29,334 | +€4,867 | +19.9% |
| Furniture and vehicles | 24 | €16,428 | €19,148 | +€2,720 | +16.6% |
| Other tangible fixed assets | 26 | €104,284 | €98,787 | -€5,497 | -5.3% |
| Financial fixed assets | 28 | €118 | €118 | = | 0.0% |
| Current assets | 29/58 | €76,056 | €67,862 | -€8,194 | -10.8% |
| Stocks and contracts in progress | 3 | €19,585 | €19,988 | +€404 | +2.1% |
| Stocks | 30/36 | €19,585 | €19,988 | +€404 | +2.1% |
| Amounts receivable within one year | 40/41 | €17,739 | €35,314 | +€17,575 | +99.1% |
| Trade receivables | 40 | €16,513 | €980 | -€15,534 | -94.1% |
| Other amounts receivable | 41 | €1,225 | €34,334 | +€33,109 | +2,702% |
| Cash at bank and in hand | 54/58 | €38,293 | €12,560 | -€25,733 | -67.2% |
| Deferred charges and accrued income | 490/1 | €440 | - | -€440 | |
| Total equity and liabilities | 10/49 | €430,618 | €619,474 | +€188,856 | +43.9% |
| Equity | 10/15 | €54,957 | €35,355 | -€19,602 | -35.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €51,957 | €32,355 | -€19,602 | -37.7% |
| Distributable reserves | 133 | €51,957 | €32,355 | -€19,602 | -37.7% |
| Amounts payable | 17/49 | €375,661 | €584,119 | +€208,458 | +55.5% |
| Amounts payable after more than one year | 17 | €278,385 | €259,423 | -€18,962 | -6.8% |
| Financial debts | 170/4 | €278,385 | €259,423 | -€18,962 | -6.8% |
| Amounts payable within one year | 42/48 | €97,276 | €324,696 | +€227,420 | +234% |
| Current portion of amounts payable after more than one year | 42 | €11,126 | €11,457 | +€332 | +3.0% |
| Trade debts | 44 | €60,129 | €295,415 | +€235,286 | +391% |
| Suppliers | 440/4 | €60,129 | €295,415 | +€235,286 | +391% |
| Taxes, remuneration and social security | 45 | €16,303 | €4,977 | -€11,326 | -69.5% |
| Taxes | 450/3 | €11,338 | €187 | -€11,150 | -98.3% |
| Remuneration and social security | 454/9 | €4,965 | €4,789 | -€176 | -3.5% |
| Other amounts payable | 47/48 | €9,718 | €12,847 | +€3,128 | +32.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,450 | €19,143 | +€3,693 | +23.9% |
| Other operating charges | 640/8 | €4,446 | €5,919 | +€1,473 | +33.1% |
| Gross operating margin | 9900 | €28,571 | €20,727 | -€7,845 | -27.5% |
| Operating profit (loss) | 9901 | €8,676 | -€4,335 | -€13,011 | |
| Financial income | 75/76B | €37 | €20 | -€17 | -45.2% |
| Recurring financial income | 75 | €37 | €20 | -€17 | -45.2% |
| Financial charges | 65/66B | €14,425 | €15,287 | +€862 | +6.0% |
| Recurring financial charges | 65 | €14,425 | €15,287 | +€862 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,713 | -€19,602 | -€13,889 | -243% |
| Income taxes | 67/77 | €567 | - | -€567 | |
| Profit (loss) for the period | 9904 | -€6,280 | -€19,602 | -€13,322 | -212% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,280 | -€19,602 | -€13,322 | -212% |
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 14 October 2026 via checked.be.