DOGM: what changed
DOGM
Largest movements
- Cash -€12,356
down €12,356 (-18.4%), from €67,038 to €54,682
mainly Tax, wage and social debts (-€9,863) and Trade debts (-€5,836)
- Tangible fixed assets +€3,134
up €3,134 (+163%), from €1,917 to €5,051
of which Plant, machinery and equipment: +€4,138
- Stocks and contracts -€2,500
down €2,500 (-16.7%), from €15,000 to €12,500
- Tax, wage and social debts -€9,863
down €9,863 (-66.3%), from €14,879 to €5,016
- Trade debts -€5,836
down €5,836 (-33.4%), from €17,491 to €11,656
- Profit (loss) carried forward +€3,578
up €3,578 (+5.8%), from €61,653 to €65,231
- Gross operating margin -€33,518
down €33,518 (-78.3%), from €42,793 to €9,275
- Taxes -€9,741
down €9,741 (-87.0%), from €11,201 to €1,459
- Other operating charges -€1,879
down €1,879 (-34.8%), from €5,403 to €3,524
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €100,294 | €88,173 | -€12,121 | -12.1% |
| Fixed assets | 21/28 | €3,141 | €6,275 | +€3,134 | +99.8% |
| Tangible fixed assets | 22/27 | €1,917 | €5,051 | +€3,134 | +163% |
| Plant, machinery and equipment | 23 | - | €4,138 | +€4,138 | |
| Furniture and vehicles | 24 | €1,917 | €913 | -€1,004 | -52.4% |
| Financial fixed assets | 28 | €1,224 | €1,224 | = | 0.0% |
| Current assets | 29/58 | €97,153 | €81,898 | -€15,255 | -15.7% |
| Stocks and contracts in progress | 3 | €15,000 | €12,500 | -€2,500 | -16.7% |
| Stocks | 30/36 | €15,000 | €12,500 | -€2,500 | -16.7% |
| Amounts receivable within one year | 40/41 | €13,082 | €12,610 | -€471 | -3.6% |
| Trade receivables | 40 | €3,090 | €2,062 | -€1,028 | -33.3% |
| Other amounts receivable | 41 | €9,992 | €10,549 | +€557 | +5.6% |
| Cash at bank and in hand | 54/58 | €67,038 | €54,682 | -€12,356 | -18.4% |
| Deferred charges and accrued income | 490/1 | €2,033 | €2,105 | +€72 | +3.5% |
| Total equity and liabilities | 10/49 | €100,294 | €88,173 | -€12,121 | -12.1% |
| Equity | 10/15 | €67,924 | €71,502 | +€3,578 | +5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €70 | €70 | = | 0.0% |
| Non-distributable reserves | 130/1 | €70 | €70 | = | 0.0% |
| Reserves not available under the articles | 1311 | €70 | €70 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,653 | €65,231 | +€3,578 | +5.8% |
| Amounts payable | 17/49 | €32,370 | €16,671 | -€15,699 | -48.5% |
| Amounts payable within one year | 42/48 | €32,370 | €16,671 | -€15,699 | -48.5% |
| Trade debts | 44 | €17,491 | €11,656 | -€5,836 | -33.4% |
| Suppliers | 440/4 | €17,491 | €11,656 | -€5,836 | -33.4% |
| Taxes, remuneration and social security | 45 | €14,879 | €5,016 | -€9,863 | -66.3% |
| Taxes | 450/3 | €14,879 | €5,016 | -€9,863 | -66.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,004 | €1,004 | = | 0.0% |
| Other operating charges | 640/8 | €5,403 | €3,524 | -€1,879 | -34.8% |
| Gross operating margin | 9900 | €42,793 | €9,275 | -€33,518 | -78.3% |
| Operating profit (loss) | 9901 | €36,386 | €4,747 | -€31,639 | -87.0% |
| Financial income | 75/76B | €592 | €557 | -€35 | -5.9% |
| Recurring financial income | 75 | €592 | €557 | -€35 | -5.9% |
| Financial charges | 65/66B | €314 | €266 | -€48 | -15.2% |
| Recurring financial charges | 65 | €314 | €266 | -€48 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €36,664 | €5,037 | -€31,626 | -86.3% |
| Income taxes | 67/77 | €11,201 | €1,459 | -€9,741 | -87.0% |
| Profit (loss) for the period | 9904 | €25,463 | €3,578 | -€21,885 | -85.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,463 | €3,578 | -€21,885 | -85.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.