Dolitherm: 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.
Dolitherm
Largest movements
- Tangible fixed assets -€30,419
down €30,419 (-5.2%), from €589,088 to €558,669
of which Land and buildings: -€23,229
- Cash +€22,014
up €22,014 (+29.9%), from €73,557 to €95,572
mainly Net result for the year (+€90,227) and Other debts (+€45,021)
- Other debts +€45,021
up €45,021 (+111%), from €40,561 to €85,582
- Reserves +€44,695
up €44,695 (+15.6%), from €286,077 to €330,772
- Debts after one year -€40,750
down €40,750 (-12.7%), from €320,700 to €279,950
- Tax, wage and social debts -€23,927
down €23,927 (-52.5%), from €45,585 to €21,658
of which Taxes: -€17,942
- Current portion of long-term debt -€20,522
down €20,522 (-27.5%), from €74,753 to €54,232
- Gross operating margin -€10,002
down €10,002 (-5.3%), from €187,309 to €177,307
- Taxes -€4,912
down €4,912 (-11.8%), from €41,753 to €36,840
- Depreciation +€4,052
up €4,052 (+11.1%), from €36,500 to €40,552
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 | €800,507 | €796,338 | -€4,169 | -0.5% |
| Fixed assets | 21/28 | €589,088 | €558,669 | -€30,419 | -5.2% |
| Tangible fixed assets | 22/27 | €589,088 | €558,669 | -€30,419 | -5.2% |
| Land and buildings | 22 | €523,494 | €500,265 | -€23,229 | -4.4% |
| Plant, machinery and equipment | 23 | €11,506 | €11,463 | -€43 | -0.4% |
| Furniture and vehicles | 24 | €54,088 | €46,941 | -€7,148 | -13.2% |
| Current assets | 29/58 | €211,419 | €237,669 | +€26,250 | +12.4% |
| Amounts receivable within one year | 40/41 | €134,989 | €139,467 | +€4,478 | +3.3% |
| Trade receivables | 40 | €123,179 | €124,746 | +€1,567 | +1.3% |
| Other amounts receivable | 41 | €11,810 | €14,721 | +€2,911 | +24.6% |
| Cash at bank and in hand | 54/58 | €73,557 | €95,572 | +€22,014 | +29.9% |
| Deferred charges and accrued income | 490/1 | €2,872 | €2,630 | -€242 | -8.4% |
| Total equity and liabilities | 10/49 | €800,507 | €796,338 | -€4,169 | -0.5% |
| Equity | 10/15 | €304,677 | €349,372 | +€44,695 | +14.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €286,077 | €330,772 | +€44,695 | +15.6% |
| Distributable reserves | 133 | €286,077 | €330,772 | +€44,695 | +15.6% |
| Amounts payable | 17/49 | €495,829 | €446,966 | -€48,864 | -9.9% |
| Amounts payable after more than one year | 17 | €320,700 | €279,950 | -€40,750 | -12.7% |
| Financial debts | 170/4 | €320,700 | €279,950 | -€40,750 | -12.7% |
| Amounts payable within one year | 42/48 | €175,129 | €166,950 | -€8,179 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €74,753 | €54,232 | -€20,522 | -27.5% |
| Trade debts | 44 | €14,230 | €5,479 | -€8,751 | -61.5% |
| Suppliers | 440/4 | €14,230 | €5,479 | -€8,751 | -61.5% |
| Taxes, remuneration and social security | 45 | €45,585 | €21,658 | -€23,927 | -52.5% |
| Taxes | 450/3 | €39,600 | €21,658 | -€17,942 | -45.3% |
| Remuneration and social security | 454/9 | €5,985 | - | -€5,985 | |
| Other amounts payable | 47/48 | €40,561 | €85,582 | +€45,021 | +111% |
| Accrued charges and deferred income | 492/3 | - | €65 | +€65 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,500 | €40,552 | +€4,052 | +11.1% |
| Other operating charges | 640/8 | €1,855 | €1,897 | +€42 | +2.2% |
| Gross operating margin | 9900 | €187,309 | €177,307 | -€10,002 | -5.3% |
| Operating profit (loss) | 9901 | €148,954 | €134,858 | -€14,095 | -9.5% |
| Financial income | 75/76B | €693 | €372 | -€322 | -46.4% |
| Recurring financial income | 75 | €693 | €372 | -€322 | -46.4% |
| Financial charges | 65/66B | €6,588 | €8,163 | +€1,575 | +23.9% |
| Recurring financial charges | 65 | €6,588 | €8,163 | +€1,575 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €143,060 | €127,067 | -€15,992 | -11.2% |
| Income taxes | 67/77 | €41,753 | €36,840 | -€4,912 | -11.8% |
| Profit (loss) for the period | 9904 | €101,307 | €90,227 | -€11,080 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €101,307 | €90,227 | -€11,080 | -10.9% |
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 26 October 2026 via checked.be.