DMC
Annual accounts 2025
abbreviated format, filed on 27-08-2026, 27 days lateTurnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Money flows
no detail for 2025Balance sheet
balance sheet total €4.4m on 31-12-2025in €m
in €m
Position in the sector
31.2%
Higher than 32% of 6,708 companies in 2025.
0.2%
Higher than 22% of 6,673 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
4.4m | 6.9m | 5.3m | 4.9m | 5.0m | 4.6m | 4.5m | 4.6m | 5.1m | 4.9m | 1.2m | 1.1m | 909,520 | 801,911 | 605,365 | |
21/28 |
608,621 | 632,212 | 663,187 | 719,120 | 769,264 | 833,586 | 874,454 | 937,146 | 975,570 | 856,307 | 872,718 | 859,909 | 605,892 | 501,690 | 503,249 | |
22/27 |
608,621 | 632,212 | 663,187 | 719,120 | 769,264 | 833,586 | 874,454 | 937,146 | 975,570 | 856,307 | 872,718 | 859,909 | 605,892 | 501,690 | 503,249 | |
22 |
352,065 | 361,914 | 371,763 | 381,612 | 391,461 | 401,310 | 411,159 | 421,008 | 430,857 | 440,706 | 450,555 | 460,404 | 470,253 | 480,102 | 489,951 | |
23 |
256,556 | 266,573 | 283,505 | 299,720 | 305,011 | 324,480 | 345,191 | 367,225 | 390,665 | 415,601 | 422,163 | 398,167 | 132,961 | 17,572 | 7,943 | |
24 |
0 | 3,725 | 7,919 | 37,788 | 72,792 | 107,796 | 118,104 | 148,913 | 154,048 | - | - | 1,339 | 2,678 | 4,017 | 5,355 | |
29/58 |
3.8m | 6.3m | 4.7m | 4.2m | 4.2m | 3.7m | 3.6m | 3.6m | 4.1m | 4.0m | 317,710 | 258,922 | 303,628 | 300,221 | 102,116 | |
29 |
- | - | - | - | - | - | - | - | - | - | 254,859 | 254,859 | 254,859 | 254,859 | - | |
291 |
- | - | - | - | - | - | - | - | - | - | 254,859 | 254,859 | 254,859 | 254,859 | - | |
40/41 |
251,736 | 1.8m | 1.2m | 625,000 | 519,554 | 305,000 | 94,741 | 75,747 | 16,000 | 531 | - | - | - | 750 | 68,243 | |
40 |
- | - | 0 | 125,000 | - | - | - | - | - | 531 | - | - | - | - | - | |
41 |
251,736 | 1.8m | 1.2m | 500,000 | 519,554 | 305,000 | 94,741 | 75,747 | 16,000 | - | - | - | - | 750 | 68,243 | |
50/53 |
3.4m | 3.4m | 3.4m | 3.4m | 3.4m | 3.4m | 3.4m | 3.4m | 4.0m | 4.0m | - | - | - | - | - | |
54/58 |
186,035 | 1.1m | 54,181 | 178,665 | 280,904 | 7,388 | 128,842 | 155,377 | 69,214 | 616 | 62,851 | 4,063 | 48,769 | 39,443 | 31,079 | |
490/1 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 5,169 | 2,794 | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
4.4m | 6.9m | 5.3m | 4.9m | 5.0m | 4.6m | 4.5m | 4.6m | 5.1m | 4.9m | 1.2m | 1.1m | 909,520 | 801,911 | 605,365 | |
10/15 |
1.4m | 1.4m | 1.4m | 1.3m | 1.3m | 1.3m | 1.2m | 1.2m | 1.2m | 227,161 | 181,612 | 128,751 | 106,448 | 70,205 | 13,273 | |
10/11 |
968,600 | 968,600 | 968,600 | 968,600 | 968,600 | 968,600 | 968,600 | 968,600 | 968,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | |
100 |
- | - | - | - | - | - | 968,600 | 968,600 | 968,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,400 | |
13 |
416,690 | 409,357 | 407,996 | 375,334 | 361,499 | 294,736 | 246,151 | 217,312 | 211,757 | 208,561 | 163,012 | 110,151 | 87,848 | 51,605 | 7,073 | |
130/1 |
8,977 | 8,977 | 8,977 | 8,977 | 8,977 | 8,977 | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 8,977 | 7,415 | 2,020 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 620 | |
1311 |
8,977 | 8,977 | 8,977 | 8,977 | 8,977 | 8,977 | - | - | - | - | - | - | - | - | - | |
133 |
407,712 | 400,379 | 399,019 | 366,357 | 352,522 | 285,758 | 237,173 | 209,897 | 209,737 | 206,701 | 161,152 | 108,291 | 85,988 | 49,745 | 6,453 | |
17/49 |
3.1m | 5.5m | 3.9m | 3.6m | 3.6m | 3.3m | 3.3m | 3.4m | 3.9m | 4.6m | 1.0m | 990,081 | 803,072 | 731,706 | 592,092 | |
17 |
2.8m | 3.2m | 3.3m | 3.1m | 3.3m | 1.9m | 2.0m | 2.2m | 1.5m | 3.3m | 388,875 | 414,375 | 439,875 | 465,375 | - | |
170/4 |
2.8m | 3.2m | 3.3m | 3.1m | 3.3m | 1.9m | 2.0m | 2.2m | 1.5m | 3.3m | 388,875 | 414,375 | 439,875 | 465,375 | - | |
42/48 |
283,076 | 2.3m | 565,017 | 451,825 | 302,942 | 1.3m | 1.1m | 1.1m | 2.3m | 1.3m | 605,258 | 575,706 | 353,759 | 263,423 | 576,290 | |
42 |
25,500 | 84,423 | 145,139 | 175,414 | 173,987 | 160,585 | 171,174 | 167,284 | 25,500 | 25,500 | 25,500 | 25,500 | 25,500 | 25,500 | - | |
44 |
48,200 | 65,551 | 129,113 | 44,284 | 69,933 | 44,628 | 39,321 | 78,952 | 183,721 | 44,820 | 17,546 | 31,090 | 1,331 | 1,862 | 2,971 | |
440/4 |
48,200 | 65,551 | 129,113 | 44,284 | 69,933 | 44,628 | 39,321 | 78,952 | 183,721 | 44,820 | 17,546 | 31,090 | 1,331 | 1,862 | 2,971 | |
45 |
9,600 | 11,509 | 43,055 | 12,127 | 2,700 | 23,597 | 12,015 | 5,000 | 21,045 | 59,885 | 36,586 | 31,467 | 40,630 | 18,400 | 2,300 | |
450/3 |
6,900 | 8,809 | 40,355 | 9,427 | - | 20,897 | 9,315 | 2,300 | 18,345 | 57,185 | 36,586 | 28,767 | 35,230 | 18,400 | 2,300 | |
454/9 |
2,700 | 2,700 | 2,700 | 2,700 | 2,700 | 2,700 | 2,700 | 2,700 | 2,700 | 2,700 | - | 2,700 | 5,400 | - | - | |
47/48 |
199,776 | 2.2m | 247,709 | 220,000 | 56,322 | 1.1m | 911,322 | 809,960 | 2.1m | 1.2m | 525,627 | 487,649 | 286,298 | 217,662 | 571,019 | |
492/3 |
- | 0 | 97,810 | 46,565 | 83,410 | 108,326 | 120,254 | 110,916 | 75,511 | 15,977 | 14,683 | - | 9,438 | 2,908 | 15,802 | |
| Income statement | ||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 180,000 | |
76A |
- | - | - | - | - | - | - | - | - | - | 1,690 | - | - | - | - | |
9900 |
209,310 | 187,230 | 239,150 | 176,649 | 263,126 | 232,963 | 193,621 | 172,824 | 136,830 | 124,929 | 142,209 | 86,608 | 84,420 | 89,910 | 92,885 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 87,115 | |
630 |
29,885 | 30,975 | 57,664 | 63,392 | 64,322 | 61,840 | 62,692 | 38,424 | 34,785 | 36,377 | 39,993 | 38,512 | 21,455 | 13,960 | 67,953 | |
640/8 |
3,646 | 2,720 | 8,378 | 2,633 | 3,194 | 3,811 | 2,980 | 3,116 | 2,595 | 2,548 | 2,334 | 2,430 | 1,731 | 1,665 | 2,420 | |
9901 |
175,779 | 153,535 | 173,108 | 110,624 | 195,610 | 167,312 | 127,949 | 131,284 | 99,450 | 86,004 | 99,881 | 45,666 | 61,234 | 74,284 | 22,512 | |
75/76B |
- | - | - | 0 | 30 | - | - | 5 | - | 6,796 | 10,198 | 10,402 | 10,234 | 6,642 | 2,794 | |
75 |
- | - | - | 0 | 30 | - | - | 5 | - | 6,796 | 10,198 | 10,402 | 10,234 | 6,642 | 2,794 | |
65/66B |
163,792 | 150,265 | 120,960 | 87,355 | 92,764 | 87,798 | 85,744 | 122,505 | 95,833 | 26,651 | 27,212 | 21,894 | 20,686 | 17,968 | 15,933 | |
65 |
163,792 | 150,265 | 120,960 | 87,355 | 92,764 | 87,798 | 85,744 | 122,505 | 95,833 | 26,651 | 27,212 | 21,894 | 20,686 | 17,968 | 15,933 | |
9903 |
11,986 | 3,270 | 52,147 | 23,269 | 102,876 | 79,514 | 42,205 | 8,784 | 3,617 | 66,149 | 84,557 | 34,174 | 50,782 | 62,959 | 9,373 | |
67/77 |
4,653 | 1,909 | 19,485 | 9,434 | 36,112 | 30,929 | 13,366 | 3,229 | 421 | 20,599 | 31,696 | 11,871 | 14,540 | 18,427 | 2,300 | |
9904 |
7,333 | 1,360 | 32,662 | 13,835 | 66,764 | 48,585 | 28,839 | 5,555 | 3,196 | 45,549 | 52,861 | 22,303 | 36,242 | 44,532 | 7,073 | |
9905 |
7,333 | 1,360 | 32,662 | 13,835 | 66,764 | 48,585 | 28,839 | 5,555 | 3,196 | 45,549 | 52,861 | 22,303 | 36,242 | 44,532 | 7,073 | |
| Appropriation of the result | ||||||||||||||||
9906 |
7,333 | 1,360 | 32,662 | 13,835 | 66,764 | 48,585 | 28,839 | 5,555 | 3,196 | 45,549 | 52,861 | 22,303 | 36,242 | 44,532 | 7,073 | |
691/2 |
7,333 | 1,360 | 32,662 | 13,835 | 66,764 | 48,585 | 28,839 | 5,555 | 3,196 | 45,549 | 52,861 | 22,303 | 36,242 | 44,532 | 7,073 | |
6920 |
- | - | - | - | - | - | 1,563 | 5,555 | 160 | - | - | - | - | 1,240 | 620 | |
6921 |
7,333 | 1,360 | 32,662 | 13,835 | 66,764 | 48,585 | 27,276 | - | 3,036 | 45,549 | 52,861 | 22,303 | 36,242 | 43,292 | 6,453 | |
| Document | ||||||||||||||||
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00435646.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 27-08-2026 | 2026-00435646 | |
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00482549 | |
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00444116 | |
| 31-12-2022 | abbreviated format | 11-09-2023 | 2023-00446308 | |
| 31-12-2021 | abbreviated format | 28-11-2022 | 2022-20530582 | |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-64300008 | |
| 31-12-2019 | abbreviated format | 30-10-2020 | 2020-67300577 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-62900121 | |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-58600069 | |
| 31-12-2016 | abbreviated format | 30-08-2017 | 2017-52100143 | |
| 31-12-2015 | abbreviated format | 30-08-2016 | 2016-52600463 | |
| 31-12-2014 | abbreviated format | 30-09-2015 | 2015-62300053 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-53500096 | |
| 31-12-2012 | abbreviated format | 30-08-2013 | 2013-57200309 | |
| 31-12-2011 | abbreviated format | 25-07-2012 | 2012-34000133 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6,295 | 0 | 1,732 | 13,248 | 0 | 20,972 | 0 | 0 | 154,048 | 19,965 | 51,112 | 292,529 | 125,656 | 12,401 | 571,202 | ||
| -908,854 | 1.0m | -124,484 | -102,239 | 273,516 | -121,454 | -26,535 | 86,164 | 68,598 | -62,235 | 58,788 | -44,706 | 9,326 | 8,363 | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12.5% | ||
| 31.2% | 20.0% | 25.9% | 27.3% | 26.8% | 27.7% | 26.9% | 25.9% | 23.3% | 4.7% | 15.3% | 11.5% | 11.7% | 8.8% | 2.2% | ||
| 0.5% | 0.1% | 2.4% | 1.0% | 5.0% | 3.8% | 2.4% | 0.5% | 0.3% | 20.1% | 29.1% | 17.3% | 34.0% | 63.4% | 53.3% | ||
| 0.2% | 0.0% | 0.6% | 0.3% | 1.3% | 1.1% | 0.6% | 0.1% | 0.1% | 0.9% | 4.4% | 2.0% | 4.0% | 5.6% | 1.2% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €159,375 | €213,004 | €213,004 | €326,459 | €326,459 |
| Mortgages, amount registered | - | - | - | €510,000 | €510,000 |
| €510,000 | €510,000 | €510,000 | - | - | |
| Carrying value of the mortgaged assets | €352,065 | €361,914 | €371,763 | €381,612 | €391,461 |
| Carrying value of the other pledged assets | - | - | - | €25,675 | €56,484 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €6,295 | - | €1,732 | €13,248 | - |
| €29,885 | €30,975 | €57,664 | €63,392 | €64,322 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on DMC
The operating result for 2025 is 14% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 80.0% to 68.8%. Equity is higher and debt is lower.