DONNET: what changed
DONNET
Largest movements
- Tangible fixed assets -€6,774
down €6,774 (-36.1%), from €18,773 to €11,999
of which Furniture and vehicles: -€5,510
- Receivables within one year +€5,065
up €5,065 (+225%), from €2,250 to €7,315
of which Other amounts receivable: +€2,930
- Deferred charges and accrued income -€1,851
down €1,851 (-68.5%), from €2,703 to €852
- Stocks and contracts -€1,250
down €1,250 (-9.4%), from €13,250 to €12,000
- Cash +€1,010
new in 2025: €1,010
mainly Depreciation (+€6,934) and Net result for the year (+€5,926)
- Short-term financial debts -€7,299
no longer reported in 2025 (was €7,299)
- Reserves +€5,405
up €5,405 (+291%), from €1,860 to €7,265
of which Distributable reserves: +€5,405
- Trade debts -€3,116
down €3,116 (-38.6%), from €8,076 to €4,960
- Tax, wage and social debts +€1,621
up €1,621 (+126%), from €1,283 to €2,904
- Profit (loss) carried forward +€522
no longer reported in 2025 (was -€522)
- Gross operating margin +€5,834
up €5,834 (+48.7%), from €11,969 to €17,803
- Taxes +€2,118
up €2,118 (+361%), from €586 to €2,704
- Other operating charges +€607
up €607 (+73.8%), from €823 to €1,430
- Financial charges -€426
down €426 (-33.4%), from €1,276 to €850
- Depreciation +€192
up €192 (+2.8%), from €6,742 to €6,934
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 | €37,689 | €33,729 | -€3,960 | -10.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €19,487 | €12,553 | -€6,934 | -35.6% |
| Intangible fixed assets | 21 | €714 | €554 | -€160 | -22.4% |
| Tangible fixed assets | 22/27 | €18,773 | €11,999 | -€6,774 | -36.1% |
| Land and buildings | 22 | €6,557 | €5,754 | -€803 | -12.2% |
| Plant, machinery and equipment | 23 | €862 | €401 | -€461 | -53.5% |
| Furniture and vehicles | 24 | €11,353 | €5,844 | -€5,510 | -48.5% |
| Current assets | 29/58 | €18,203 | €21,176 | +€2,973 | +16.3% |
| Stocks and contracts in progress | 3 | €13,250 | €12,000 | -€1,250 | -9.4% |
| Stocks | 30/36 | €13,250 | €12,000 | -€1,250 | -9.4% |
| Amounts receivable within one year | 40/41 | €2,250 | €7,315 | +€5,065 | +225% |
| Trade receivables | 40 | €2,250 | €4,384 | +€2,134 | +94.9% |
| Other amounts receivable | 41 | - | €2,930 | +€2,930 | |
| Cash at bank and in hand | 54/58 | - | €1,010 | +€1,010 | |
| Deferred charges and accrued income | 490/1 | €2,703 | €852 | -€1,851 | -68.5% |
| Total equity and liabilities | 10/49 | €37,689 | €33,729 | -€3,960 | -10.5% |
| Equity | 10/15 | €19,938 | €25,865 | +€5,926 | +29.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €7,265 | +€5,405 | +291% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €5,405 | +€5,405 | |
| Profit (loss) carried forward | 14 | -€522 | - | +€522 | |
| Amounts payable | 17/49 | €17,751 | €7,864 | -€9,887 | -55.7% |
| Amounts payable within one year | 42/48 | €17,494 | €7,864 | -€9,629 | -55.0% |
| Current portion of amounts payable after more than one year | 42 | €431 | - | -€431 | |
| Financial debts | 43 | €7,299 | - | -€7,299 | |
| Credit institutions | 430/8 | €7,299 | - | -€7,299 | |
| Trade debts | 44 | €8,076 | €4,960 | -€3,116 | -38.6% |
| Suppliers | 440/4 | €8,076 | €4,960 | -€3,116 | -38.6% |
| Taxes, remuneration and social security | 45 | €1,283 | €2,904 | +€1,621 | +126% |
| Taxes | 450/3 | €1,283 | €2,904 | +€1,621 | +126% |
| Other amounts payable | 47/48 | €404 | €0 | -€404 | -100% |
| Accrued charges and deferred income | 492/3 | €258 | - | -€258 | |
| Non-recurring operating income | 76A | - | €242 | +€242 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,742 | €6,934 | +€192 | +2.8% |
| Other operating charges | 640/8 | €823 | €1,430 | +€607 | +73.8% |
| Gross operating margin | 9900 | €11,969 | €17,803 | +€5,834 | +48.7% |
| Operating profit (loss) | 9901 | €4,404 | €9,439 | +€5,035 | +114% |
| Financial income | 75/76B | €91 | €41 | -€50 | -55.2% |
| Recurring financial income | 75 | €91 | €41 | -€50 | -55.2% |
| Financial charges | 65/66B | €1,276 | €850 | -€426 | -33.4% |
| Recurring financial charges | 65 | €1,276 | €850 | -€426 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €3,219 | €8,631 | +€5,411 | +168% |
| Income taxes | 67/77 | €586 | €2,704 | +€2,118 | +361% |
| Profit (loss) for the period | 9904 | €2,633 | €5,926 | +€3,293 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €2,633 | €5,926 | +€3,293 | +125% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.