D.M.D.A.: 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.
D.M.D.A.
Largest movements
- Cash +€16,159
up €16,159 (+30.8%), from €52,527 to €68,686
mainly Other debts (+€45,431) and Depreciation (+€15,159)
- Tangible fixed assets -€15,159
down €15,159 (-25.9%), from €58,539 to €43,380
of which Furniture and vehicles: -€10,082
- Receivables within one year +€3,935
up €3,935 (+215%), from €1,826 to €5,761
of which Trade receivables: +€2,981
- Other debts +€45,431
up €45,431 (+1,064%), from €4,272 to €49,702
- Reserves -€43,074
down €43,074 (-65.1%), from €66,173 to €23,099
- Trade debts +€4,787
up €4,787 (+347%), from €1,378 to €6,165
- Debts after one year -€3,467
down €3,467 (-40.6%), from €8,545 to €5,078
- Tax, wage and social debts +€1,627
up €1,627 (+2,900%), from €56 to €1,683
- Depreciation -€2,094
down €2,094 (-12.1%), from €17,254 to €15,159
- Other operating charges +€1,410
up €1,410 (+347%), from €406 to €1,816
- Gross operating margin -€993
down €993 (-3.4%), from €28,838 to €27,844
- Taxes +€916
up €916 (+28.0%), from €3,268 to €4,184
- Financial income +€462
up €462 (+924,880%), from €0 to €462
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 | €113,667 | €118,324 | +€4,657 | +4.1% |
| Fixed assets | 21/28 | €58,539 | €43,380 | -€15,159 | -25.9% |
| Tangible fixed assets | 22/27 | €58,539 | €43,380 | -€15,159 | -25.9% |
| Plant, machinery and equipment | 23 | €33,641 | €28,564 | -€5,077 | -15.1% |
| Furniture and vehicles | 24 | €24,898 | €14,816 | -€10,082 | -40.5% |
| Current assets | 29/58 | €55,128 | €74,944 | +€19,816 | +35.9% |
| Amounts receivable within one year | 40/41 | €1,826 | €5,761 | +€3,935 | +215% |
| Trade receivables | 40 | €94 | €3,075 | +€2,981 | +3,160% |
| Other amounts receivable | 41 | €1,732 | €2,686 | +€955 | +55.1% |
| Cash at bank and in hand | 54/58 | €52,527 | €68,686 | +€16,159 | +30.8% |
| Deferred charges and accrued income | 490/1 | €776 | €497 | -€278 | -35.9% |
| Total equity and liabilities | 10/49 | €113,667 | €118,324 | +€4,657 | +4.1% |
| Equity | 10/15 | €94,626 | €51,552 | -€43,074 | -45.5% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €66,173 | €23,099 | -€43,074 | -65.1% |
| Distributable reserves | 133 | €66,173 | €23,099 | -€43,074 | -65.1% |
| Profit (loss) carried forward | 14 | €20,453 | €20,453 | = | 0.0% |
| Amounts payable | 17/49 | €19,041 | €66,773 | +€47,731 | +251% |
| Amounts payable after more than one year | 17 | €8,545 | €5,078 | -€3,467 | -40.6% |
| Financial debts | 170/4 | €8,545 | €5,078 | -€3,467 | -40.6% |
| Amounts payable within one year | 42/48 | €10,467 | €61,695 | +€51,228 | +489% |
| Current portion of amounts payable after more than one year | 42 | €4,640 | €4,145 | -€495 | -10.7% |
| Trade debts | 44 | €1,378 | €6,165 | +€4,787 | +347% |
| Suppliers | 440/4 | €1,378 | €6,165 | +€4,787 | +347% |
| Advances received on contracts in progress | 46 | €121 | - | -€121 | |
| Taxes, remuneration and social security | 45 | €56 | €1,683 | +€1,627 | +2,900% |
| Taxes | 450/3 | €56 | €1,683 | +€1,627 | +2,900% |
| Other amounts payable | 47/48 | €4,272 | €49,702 | +€45,431 | +1,064% |
| Accrued charges and deferred income | 492/3 | €30 | - | -€30 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,254 | €15,159 | -€2,094 | -12.1% |
| Other operating charges | 640/8 | €406 | €1,816 | +€1,410 | +347% |
| Gross operating margin | 9900 | €28,838 | €27,844 | -€993 | -3.4% |
| Operating profit (loss) | 9901 | €11,178 | €10,869 | -€309 | -2.8% |
| Financial income | 75/76B | €0 | €462 | +€462 | +924,880% |
| Recurring financial income | 75 | €0 | €462 | +€462 | +924,880% |
| Financial charges | 65/66B | €745 | €596 | -€149 | -20.0% |
| Recurring financial charges | 65 | €745 | €596 | -€149 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €10,433 | €10,735 | +€303 | +2.9% |
| Income taxes | 67/77 | €3,268 | €4,184 | +€916 | +28.0% |
| Profit (loss) for the period | 9904 | €7,164 | €6,551 | -€613 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,164 | €6,551 | -€613 | -8.6% |
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 13 October 2026 via checked.be.