La Donna: 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.
La Donna
Largest movements
- Stocks and contracts -€14,079
down €14,079 (-16.3%), from €86,552 to €72,473
- Tangible fixed assets -€4,494
down €4,494 (-7.3%), from €61,946 to €57,451
of which Land and buildings: -€2,613
- Trade debts -€17,330
down €17,330 (-35.8%), from €48,419 to €31,089
- Debts after one year -€4,596
no longer reported in 2025 (was €4,596)
- Profit (loss) carried forward +€3,685
up €3,685 (+5.9%), from -€62,775 to -€59,090
- Tax, wage and social debts +€1,593
up €1,593 (+153.2%), from €1,040 to €2,633
of which Taxes: +€1,709
- Short-term financial debts -€1,511
no longer reported in 2025 (was €1,511)
- Gross operating margin -€1,814
down €1,814 (-11.4%), from €15,963 to €14,149
- Staff costs -€959
down €959 (-43.9%), from €2,183 to €1,224
- Financial charges -€451
down €451 (-14.8%), from €3,041 to €2,590
- Other operating charges -€186
down €186 (-8.7%), from €2,135 to €1,949
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 | €150,469 | €131,768 | -€18,701 | -12.4% |
| Fixed assets | 21/28 | €62,237 | €57,742 | -€4,494 | -7.2% |
| Tangible fixed assets | 22/27 | €61,946 | €57,451 | -€4,494 | -7.3% |
| Land and buildings | 22 | €53,068 | €50,455 | -€2,613 | -4.9% |
| Plant, machinery and equipment | 23 | €8,264 | €6,729 | -€1,535 | -18.6% |
| Furniture and vehicles | 24 | €613 | €268 | -€346 | -56.4% |
| Financial fixed assets | 28 | €291 | €291 | = | 0.0% |
| Current assets | 29/58 | €88,233 | €74,026 | -€14,207 | -16.1% |
| Stocks and contracts in progress | 3 | €86,552 | €72,473 | -€14,079 | -16.3% |
| Stocks | 30/36 | €86,552 | €72,473 | -€14,079 | -16.3% |
| Amounts receivable within one year | 40/41 | €697 | €309 | -€389 | -55.7% |
| Trade receivables | 40 | €25 | - | -€25 | |
| Other amounts receivable | 41 | €672 | €309 | -€364 | -54.1% |
| Cash at bank and in hand | 54/58 | €520 | €1,081 | +€562 | +108.1% |
| Deferred charges and accrued income | 490/1 | €464 | €163 | -€301 | -64.8% |
| Total equity and liabilities | 10/49 | €150,469 | €131,768 | -€18,701 | -12.4% |
| Equity | 10/15 | €65,524 | €69,208 | +€3,685 | +5.6% |
| Contributions | 10/11 | €56,100 | €56,100 | = | 0.0% |
| Revaluation surpluses | 12 | €72,199 | €72,199 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,775 | -€59,090 | +€3,685 | +5.9% |
| Amounts payable | 17/49 | €84,946 | €62,560 | -€22,386 | -26.4% |
| Amounts payable after more than one year | 17 | €4,596 | - | -€4,596 | |
| Financial debts | 170/4 | €4,596 | - | -€4,596 | |
| Amounts payable within one year | 42/48 | €80,350 | €62,560 | -€17,790 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €5,808 | €4,596 | -€1,212 | -20.9% |
| Financial debts | 43 | €1,511 | - | -€1,511 | |
| Credit institutions | 430/8 | €1,511 | - | -€1,511 | |
| Trade debts | 44 | €48,419 | €31,089 | -€17,330 | -35.8% |
| Suppliers | 440/4 | €48,419 | €31,089 | -€17,330 | -35.8% |
| Taxes, remuneration and social security | 45 | €1,040 | €2,633 | +€1,593 | +153.2% |
| Taxes | 450/3 | €877 | €2,586 | +€1,709 | +194.9% |
| Remuneration and social security | 454/9 | €163 | €47 | -€116 | -71.0% |
| Other amounts payable | 47/48 | €23,571 | €24,241 | +€670 | +2.8% |
| Non-recurring operating income | 76A | - | €1,653 | +€1,653 | |
| Remuneration, social security and pensions | 62 | €2,183 | €1,224 | -€959 | -43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,598 | €4,494 | -€104 | -2.3% |
| Other operating charges | 640/8 | €2,135 | €1,949 | -€186 | -8.7% |
| Gross operating margin | 9900 | €15,963 | €14,149 | -€1,814 | -11.4% |
| Operating profit (loss) | 9901 | €7,047 | €6,482 | -€565 | -8.0% |
| Financial income | 75/76B | €136 | €249 | +€113 | +82.7% |
| Recurring financial income | 75 | €136 | €249 | +€113 | +82.7% |
| Financial charges | 65/66B | €3,041 | €2,590 | -€451 | -14.8% |
| Recurring financial charges | 65 | €3,041 | €2,590 | -€451 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €4,142 | €4,141 | -€2 | 0.0% |
| Income taxes | 67/77 | €564 | €456 | -€108 | -19.2% |
| Profit (loss) for the period | 9904 | €3,578 | €3,685 | +€107 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,578 | €3,685 | +€107 | +3.0% |
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 11 October 2026 via checked.be.