MANAGEMENT DOGAN CAM: 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.
MANAGEMENT DOGAN CAM
Largest movements
- Receivables within one year +€15,095
up €15,095 (+38.4%), from €39,355 to €54,450
of which Trade receivables: +€15,095
- Cash +€6,515
up €6,515 (+17.5%), from €37,278 to €43,793
mainly Other debts (+€66,960) and Net result for the year (+€45,674)
- Tangible fixed assets -€1,801
down €1,801 (-54.8%), from €3,284 to €1,483
of which Plant, machinery and equipment: -€1,659
- Other debts +€66,960
new in 2025: €66,960
- Reserves -€50,000
down €50,000 (-100%), from €50,000 to €0
- Tax, wage and social debts +€6,999
up €6,999 (+28.7%), from €24,395 to €31,394
of which Taxes: +€6,999
- Profit (loss) carried forward -€3,700
down €3,700 (-100%), from €3,700 to €0
- Purchases and services +€86,023
new in 2025: €86,023
- Gross operating margin -€10,610
down €10,610 (-15.0%), from €70,603 to €59,993
- Taxes -€2,152
down €2,152 (-14.7%), from €14,649 to €12,497
- Financial charges -€1,428
down €1,428 (-94.4%), from €1,513 to €85
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 | €80,479 | €99,763 | +€19,284 | +24.0% |
| Fixed assets | 21/28 | €3,284 | €1,483 | -€1,801 | -54.8% |
| Tangible fixed assets | 22/27 | €3,284 | €1,483 | -€1,801 | -54.8% |
| Plant, machinery and equipment | 23 | €1,985 | €326 | -€1,659 | -83.6% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Other tangible fixed assets | 26 | €1,299 | €1,158 | -€141 | -10.9% |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €77,195 | €98,280 | +€21,085 | +27.3% |
| Amounts receivable within one year | 40/41 | €39,355 | €54,450 | +€15,095 | +38.4% |
| Trade receivables | 40 | €39,355 | €54,450 | +€15,095 | +38.4% |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €37,278 | €43,793 | +€6,515 | +17.5% |
| Deferred charges and accrued income | 490/1 | €562 | €37 | -€525 | -93.4% |
| Total equity and liabilities | 10/49 | €80,479 | €99,763 | +€19,284 | +24.0% |
| Equity | 10/15 | €54,700 | €1,000 | -€53,700 | -98.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €0 | -€50,000 | -100% |
| Distributable reserves | 133 | €50,000 | €0 | -€50,000 | -100% |
| Profit (loss) carried forward | 14 | €3,700 | €0 | -€3,700 | -100% |
| Amounts payable | 17/49 | €25,779 | €98,763 | +€72,984 | +283% |
| Amounts payable within one year | 42/48 | €25,654 | €98,763 | +€73,109 | +285% |
| Trade debts | 44 | €1,259 | €409 | -€850 | -67.5% |
| Suppliers | 440/4 | €1,259 | €409 | -€850 | -67.5% |
| Taxes, remuneration and social security | 45 | €24,395 | €31,394 | +€6,999 | +28.7% |
| Taxes | 450/3 | €22,395 | €29,394 | +€6,999 | +31.3% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | - | €66,960 | +€66,960 | |
| Accrued charges and deferred income | 492/3 | €125 | €0 | -€125 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €86,023 | +€86,023 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,360 | €1,800 | +€440 | +32.4% |
| Other operating charges | 640/8 | - | €0 | = | |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €70,603 | €59,993 | -€10,610 | -15.0% |
| Operating profit (loss) | 9901 | €69,243 | €58,193 | -€11,050 | -16.0% |
| Financial income | 75/76B | €562 | €63 | -€499 | -88.8% |
| Recurring financial income | 75 | €562 | €63 | -€499 | -88.8% |
| Financial charges | 65/66B | €1,513 | €85 | -€1,428 | -94.4% |
| Recurring financial charges | 65 | €1,513 | €85 | -€1,428 | -94.4% |
| Profit (loss) for the period before taxes | 9903 | €68,292 | €58,171 | -€10,121 | -14.8% |
| Income taxes | 67/77 | €14,649 | €12,497 | -€2,152 | -14.7% |
| Profit (loss) for the period | 9904 | €53,643 | €45,674 | -€7,969 | -14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €53,643 | €45,674 | -€7,969 | -14.9% |
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 25 October 2026 via checked.be.