O-DONTO: 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.
O-DONTO
Largest movements
- Cash -€106,487
down €106,487 (-51.5%), from €206,811 to €100,324
mainly Contributions, distributions and other (-€235,760) and Debts after one year (-€82,253)
- Receivables after one year -€31,757
down €31,757 (-6.5%), from €487,375 to €455,618
- Receivables within one year +€11,668
up €11,668 (+48.2%), from €24,198 to €35,866
- Reserves -€179,533
down €179,533 (-45.9%), from €391,008 to €211,475
- Other debts +€123,813
up €123,813 (+522.4%), from €23,700 to €147,513
- Debts after one year -€82,253
down €82,253 (-21.6%), from €380,966 to €298,713
- Staff costs +€67,531
up €67,531 (+18.9%), from €357,839 to €425,370
- Gross operating margin +€25,185
up €25,185 (+4.3%), from €579,200 to €604,384
- Taxes -€14,106
down €14,106 (-33.5%), from €42,161 to €28,055
- Financial charges -€7,357
down €7,357 (-23.6%), from €31,195 to €23,839
of which Financial charges: -€8,174
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 | €1,101,946 | €976,022 | -€125,924 | -11.4% |
| Fixed assets | 21/28 | €373,710 | €366,162 | -€7,548 | -2.0% |
| Tangible fixed assets | 22/27 | €373,710 | €366,162 | -€7,548 | -2.0% |
| Plant, machinery and equipment | 23 | €12,048 | €56,957 | +€44,909 | +372.7% |
| Furniture and vehicles | 24 | €1,416 | €6,289 | +€4,873 | +344.2% |
| Other tangible fixed assets | 26 | €360,246 | €302,915 | -€57,331 | -15.9% |
| Current assets | 29/58 | €728,236 | €609,860 | -€118,376 | -16.3% |
| Amounts receivable after more than one year | 29 | €487,375 | €455,618 | -€31,757 | -6.5% |
| Other amounts receivable | 291 | €487,375 | €455,618 | -€31,757 | -6.5% |
| Amounts receivable within one year | 40/41 | €24,198 | €35,866 | +€11,668 | +48.2% |
| Other amounts receivable | 41 | €24,198 | €35,866 | +€11,668 | +48.2% |
| Cash at bank and in hand | 54/58 | €206,811 | €100,324 | -€106,487 | -51.5% |
| Deferred charges and accrued income | 490/1 | €9,852 | €18,053 | +€8,200 | +83.2% |
| Total equity and liabilities | 10/49 | €1,101,946 | €976,022 | -€125,924 | -11.4% |
| Equity | 10/15 | €416,008 | €236,475 | -€179,533 | -43.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €391,008 | €211,475 | -€179,533 | -45.9% |
| Distributable reserves | 133 | €391,008 | €211,475 | -€179,533 | -45.9% |
| Amounts payable | 17/49 | €685,938 | €739,547 | +€53,609 | +7.8% |
| Amounts payable after more than one year | 17 | €380,966 | €298,713 | -€82,253 | -21.6% |
| Financial debts | 170/4 | €380,966 | €298,713 | -€82,253 | -21.6% |
| Amounts payable within one year | 42/48 | €304,972 | €440,834 | +€135,862 | +44.5% |
| Current portion of amounts payable after more than one year | 42 | €112,457 | €112,827 | +€371 | +0.3% |
| Trade debts | 44 | €96,773 | €101,837 | +€5,065 | +5.2% |
| Suppliers | 440/4 | €96,773 | €101,837 | +€5,065 | +5.2% |
| Taxes, remuneration and social security | 45 | €72,043 | €78,657 | +€6,614 | +9.2% |
| Taxes | 450/3 | €18,437 | €19,788 | +€1,351 | +7.3% |
| Remuneration and social security | 454/9 | €53,605 | €58,869 | +€5,263 | +9.8% |
| Other amounts payable | 47/48 | €23,700 | €147,513 | +€123,813 | +522.4% |
| Remuneration, social security and pensions | 62 | €357,839 | €425,370 | +€67,531 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,873 | €81,010 | +€4,137 | +5.4% |
| Other operating charges | 640/8 | €2,976 | €1,660 | -€1,315 | -44.2% |
| Non-recurring operating charges | 66A | - | €1,725 | +€1,725 | |
| Gross operating margin | 9900 | €579,200 | €604,384 | +€25,185 | +4.3% |
| Operating profit (loss) | 9901 | €141,513 | €94,620 | -€46,893 | -33.1% |
| Financial income | 75/76B | €12,649 | €13,501 | +€852 | +6.7% |
| Recurring financial income | 75 | €12,649 | €13,501 | +€852 | +6.7% |
| Financial charges | 65/66B | €31,195 | €23,839 | -€7,357 | -23.6% |
| Recurring financial charges | 65 | €30,362 | €22,188 | -€8,174 | -26.9% |
| Non-recurring financial charges | 66B | €833 | €1,651 | +€818 | +98.1% |
| Profit (loss) for the period before taxes | 9903 | €122,967 | €84,282 | -€38,685 | -31.5% |
| Income taxes | 67/77 | €42,161 | €28,055 | -€14,106 | -33.5% |
| Profit (loss) for the period | 9904 | €80,806 | €56,227 | -€24,579 | -30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €80,806 | €56,227 | -€24,579 | -30.4% |
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 12 October 2026 via checked.be.