DR DOAN: 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.
DR DOAN
Largest movements
- Cash -€282,191
down €282,191 (-78.8%), from €358,230 to €76,039
mainly Other debts (-€267,001) and Receivables within one year (-€21,340)
- Receivables within one year +€21,340
up €21,340 (+191.8%), from €11,129 to €32,469
of which Other amounts receivable: +€17,699
- Intangible fixed assets -€18,000
down €18,000 (-16.7%), from €108,000 to €90,000
- Tangible fixed assets -€6,569
down €6,569 (-46.6%), from €14,105 to €7,536
- Other debts -€267,001
down €267,001 (-90.5%), from €295,106 to €28,105
- Debts after one year -€13,465
down €13,465 (-92.2%), from €14,599 to €1,133
- Gross operating margin -€38,774
down €38,774 (-60.7%), from €63,926 to €25,151
- Taxes -€6,570
down €6,570 (-95.6%), from €6,871 to €301
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 | €492,293 | €206,712 | -€285,580 | -58.0% |
| Fixed assets | 21/28 | €122,149 | €97,580 | -€24,569 | -20.1% |
| Intangible fixed assets | 21 | €108,000 | €90,000 | -€18,000 | -16.7% |
| Tangible fixed assets | 22/27 | €14,105 | €7,536 | -€6,569 | -46.6% |
| Furniture and vehicles | 24 | €14,105 | €7,536 | -€6,569 | -46.6% |
| Financial fixed assets | 28 | €44 | €44 | = | 0.0% |
| Current assets | 29/58 | €370,144 | €109,132 | -€261,011 | -70.5% |
| Amounts receivable within one year | 40/41 | €11,129 | €32,469 | +€21,340 | +191.8% |
| Trade receivables | 40 | - | €3,641 | +€3,641 | |
| Other amounts receivable | 41 | €11,129 | €28,828 | +€17,699 | +159.0% |
| Cash at bank and in hand | 54/58 | €358,230 | €76,039 | -€282,191 | -78.8% |
| Deferred charges and accrued income | 490/1 | €785 | €624 | -€160 | -20.4% |
| Total equity and liabilities | 10/49 | €492,293 | €206,712 | -€285,580 | -58.0% |
| Equity | 10/15 | €157,933 | €156,514 | -€1,419 | -0.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €151,933 | €150,514 | -€1,419 | -0.9% |
| Amounts payable | 17/49 | €334,360 | €50,199 | -€284,161 | -85.0% |
| Amounts payable after more than one year | 17 | €14,599 | €1,133 | -€13,465 | -92.2% |
| Financial debts | 170/4 | €14,599 | €1,133 | -€13,465 | -92.2% |
| Amounts payable within one year | 42/48 | €319,761 | €49,065 | -€270,696 | -84.7% |
| Current portion of amounts payable after more than one year | 42 | €22,635 | €19,523 | -€3,112 | -13.7% |
| Trade debts | 44 | €2,019 | €1,437 | -€582 | -28.8% |
| Suppliers | 440/4 | €2,019 | €1,437 | -€582 | -28.8% |
| Other amounts payable | 47/48 | €295,106 | €28,105 | -€267,001 | -90.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,865 | €24,569 | -€296 | -1.2% |
| Other operating charges | 640/8 | €687 | €699 | +€12 | +1.8% |
| Gross operating margin | 9900 | €63,926 | €25,151 | -€38,774 | -60.7% |
| Operating profit (loss) | 9901 | €38,374 | -€117 | -€38,491 | |
| Financial charges | 65/66B | €1,476 | €1,001 | -€474 | -32.1% |
| Recurring financial charges | 65 | €1,476 | €1,001 | -€474 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €36,898 | -€1,118 | -€38,017 | |
| Income taxes | 67/77 | €6,871 | €301 | -€6,570 | -95.6% |
| Profit (loss) for the period | 9904 | €30,028 | -€1,419 | -€31,447 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,028 | -€1,419 | -€31,447 |
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 10 October 2026 via checked.be.