Dr DONY: 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.
Dr DONY
Largest movements
- Receivables within one year +€187,685
up €187,685 (+86.6%), from €216,756 to €404,442
of which Other amounts receivable: +€166,168
- Cash -€79,863
down €79,863 (-72.7%), from €109,821 to €29,959
mainly Receivables within one year (-€187,685) and Current portion of long-term debt (-€46,217)
- Tangible fixed assets -€32,075
down €32,075 (-17.6%), from €182,526 to €150,451
of which Furniture and vehicles: -€31,451
- Reserves +€162,004
up €162,004 (+49.6%), from €326,694 to €488,698
of which Distributable reserves: +€162,004
- Current portion of long-term debt -€46,217
down €46,217 (-74.7%), from €61,832 to €15,615
- Tax, wage and social debts -€33,086
down €33,086 (-62.3%), from €53,137 to €20,051
- Debts after one year -€15,615
down €15,615 (-26.0%), from €60,000 to €44,385
- Other debts +€6,007
new in 2025: €6,007
- Depreciation +€16,493
up €16,493 (+56.3%), from €29,288 to €45,781
- Gross operating margin +€12,183
up €12,183 (+4.4%), from €276,201 to €288,384
- Financial income +€6,562
up €6,562 (+376.8%), from €1,742 to €8,304
- Taxes -€6,528
down €6,528 (-8.1%), from €81,040 to €74,512
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 | €514,062 | €592,205 | +€78,143 | +15.2% |
| Fixed assets | 21/28 | €182,526 | €150,451 | -€32,075 | -17.6% |
| Tangible fixed assets | 22/27 | €182,526 | €150,451 | -€32,075 | -17.6% |
| Furniture and vehicles | 24 | €177,537 | €146,085 | -€31,451 | -17.7% |
| Other tangible fixed assets | 26 | €4,989 | €4,366 | -€624 | -12.5% |
| Current assets | 29/58 | €331,536 | €441,754 | +€110,218 | +33.2% |
| Amounts receivable within one year | 40/41 | €216,756 | €404,442 | +€187,685 | +86.6% |
| Trade receivables | 40 | €15,083 | €36,600 | +€21,517 | +142.7% |
| Other amounts receivable | 41 | €201,674 | €367,842 | +€166,168 | +82.4% |
| Cash at bank and in hand | 54/58 | €109,821 | €29,959 | -€79,863 | -72.7% |
| Deferred charges and accrued income | 490/1 | €4,959 | €7,353 | +€2,395 | +48.3% |
| Total equity and liabilities | 10/49 | €514,062 | €592,205 | +€78,143 | +15.2% |
| Equity | 10/15 | €339,094 | €501,098 | +€162,004 | +47.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €326,694 | €488,698 | +€162,004 | +49.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €324,834 | €486,838 | +€162,004 | +49.9% |
| Amounts payable | 17/49 | €174,968 | €91,107 | -€83,861 | -47.9% |
| Amounts payable after more than one year | 17 | €60,000 | €44,385 | -€15,615 | -26.0% |
| Financial debts | 170/4 | €60,000 | €44,385 | -€15,615 | -26.0% |
| Amounts payable within one year | 42/48 | €114,968 | €46,722 | -€68,246 | -59.4% |
| Current portion of amounts payable after more than one year | 42 | €61,832 | €15,615 | -€46,217 | -74.7% |
| Trade debts | 44 | - | €5,049 | +€5,049 | |
| Suppliers | 440/4 | - | €5,049 | +€5,049 | |
| Taxes, remuneration and social security | 45 | €53,137 | €20,051 | -€33,086 | -62.3% |
| Taxes | 450/3 | €53,137 | €20,051 | -€33,086 | -62.3% |
| Other amounts payable | 47/48 | - | €6,007 | +€6,007 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,288 | €45,781 | +€16,493 | +56.3% |
| Other operating charges | 640/8 | €6,818 | €4,900 | -€1,918 | -28.1% |
| Gross operating margin | 9900 | €276,201 | €288,384 | +€12,183 | +4.4% |
| Operating profit (loss) | 9901 | €240,095 | €237,702 | -€2,393 | -1.0% |
| Financial income | 75/76B | €1,742 | €8,304 | +€6,562 | +376.8% |
| Recurring financial income | 75 | €1,742 | €8,304 | +€6,562 | +376.8% |
| Financial charges | 65/66B | €2,455 | €3,483 | +€1,028 | +41.9% |
| Recurring financial charges | 65 | €2,455 | €3,483 | +€1,028 | +41.9% |
| Profit (loss) for the period before taxes | 9903 | €239,381 | €242,523 | +€3,142 | +1.3% |
| Income taxes | 67/77 | €81,040 | €74,512 | -€6,528 | -8.1% |
| Profit (loss) for the period | 9904 | €158,341 | €168,011 | +€9,670 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €158,341 | €168,011 | +€9,670 | +6.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.