D.M. FINANCES: 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. FINANCES
Largest movements
- Deferred charges and accrued income +€498,081
up €498,081 (+22,305%), from €2,233 to €500,314
- Tangible fixed assets -€17,855
down €17,855 (-10.0%), from €179,408 to €161,553
of which Land and buildings: -€10,342
- Reserves +€320,662
up €320,662 (+3,374%), from €9,505 to €330,167
of which Distributable reserves: +€320,662
- Tax, wage and social debts +€165,503
up €165,503 (+4,198%), from €3,942 to €169,445
- Debts after one year -€105,274
down €105,274 (-100%), from €105,274 to €0
- Current portion of long-term debt +€102,657
up €102,657 (+205%), from €50,000 to €152,657
- Trade debts -€14,635
down €14,635 (-76.9%), from €19,031 to €4,396
- Gross operating margin +€489,175
up €489,175 (+3,687%), from €13,269 to €502,444
- Taxes +€161,811
up €161,811 (+63,338%), from €255 to €162,066
- Purchases and services -€24,774
down €24,774 (-57.8%), from €42,889 to €18,116
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 | €298,965 | €779,918 | +€480,952 | +161% |
| Fixed assets | 21/28 | €179,732 | €161,553 | -€18,179 | -10.1% |
| Intangible fixed assets | 21 | €324 | €0 | -€324 | -100% |
| Tangible fixed assets | 22/27 | €179,408 | €161,553 | -€17,855 | -10.0% |
| Land and buildings | 22 | €171,861 | €161,519 | -€10,342 | -6.0% |
| Plant, machinery and equipment | 23 | €458 | €0 | -€458 | -100% |
| Furniture and vehicles | 24 | €7,090 | €34 | -€7,055 | -99.5% |
| Current assets | 29/58 | €119,233 | €618,365 | +€499,132 | +419% |
| Amounts receivable within one year | 40/41 | €115,496 | €117,863 | +€2,367 | +2.0% |
| Trade receivables | 40 | €1,165 | €4,961 | +€3,796 | +326% |
| Other amounts receivable | 41 | €114,331 | €112,902 | -€1,429 | -1.2% |
| Cash at bank and in hand | 54/58 | €1,504 | €187 | -€1,317 | -87.6% |
| Deferred charges and accrued income | 490/1 | €2,233 | €500,314 | +€498,081 | +22,305% |
| Total equity and liabilities | 10/49 | €298,965 | €779,918 | +€480,952 | +161% |
| Equity | 10/15 | €116,581 | €437,243 | +€320,662 | +275% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €9,505 | €330,167 | +€320,662 | +3,374% |
| Non-distributable reserves | 130/1 | €9,505 | €9,505 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,505 | €9,505 | = | 0.0% |
| Distributable reserves | 133 | - | €320,662 | +€320,662 | |
| Profit (loss) carried forward | 14 | €100,876 | €100,876 | = | 0.0% |
| Amounts payable | 17/49 | €182,384 | €342,675 | +€160,290 | +87.9% |
| Amounts payable after more than one year | 17 | €105,274 | €0 | -€105,274 | -100% |
| Financial debts | 170/4 | €105,274 | €0 | -€105,274 | -100% |
| Amounts payable within one year | 42/48 | €76,610 | €337,175 | +€260,565 | +340% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | €152,657 | +€102,657 | +205% |
| Financial debts | 43 | €233 | €944 | +€711 | +305% |
| Credit institutions | 430/8 | €233 | €944 | +€711 | +305% |
| Trade debts | 44 | €19,031 | €4,396 | -€14,635 | -76.9% |
| Suppliers | 440/4 | €19,031 | €4,396 | -€14,635 | -76.9% |
| Taxes, remuneration and social security | 45 | €3,942 | €169,445 | +€165,503 | +4,198% |
| Taxes | 450/3 | €3,942 | €169,445 | +€165,503 | +4,198% |
| Other amounts payable | 47/48 | €3,404 | €9,732 | +€6,329 | +186% |
| Accrued charges and deferred income | 492/3 | €500 | €5,500 | +€5,000 | +1,000% |
| Turnover | 70 | €0 | €0 | = | |
| Non-recurring operating income | 76A | - | €4,000 | +€4,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €42,889 | €18,116 | -€24,774 | -57.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,327 | €15,254 | -€3,073 | -16.8% |
| Other operating charges | 640/8 | €2,431 | €1,586 | -€845 | -34.8% |
| Non-recurring operating charges | 66A | - | €2,925 | +€2,925 | |
| Gross operating margin | 9900 | €13,269 | €502,444 | +€489,175 | +3,687% |
| Operating profit (loss) | 9901 | -€7,489 | €482,678 | +€490,167 | |
| Financial income | 75/76B | €6,820 | €6,153 | -€667 | -9.8% |
| Recurring financial income | 75 | €6,820 | €6,153 | -€667 | -9.8% |
| Financial charges | 65/66B | €6,125 | €6,103 | -€22 | -0.4% |
| Recurring financial charges | 65 | €6,125 | €6,103 | -€22 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,795 | €482,728 | +€489,523 | |
| Income taxes | 67/77 | €255 | €162,066 | +€161,811 | +63,338% |
| Profit (loss) for the period | 9904 | -€7,050 | €320,662 | +€327,712 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,050 | €320,662 | +€327,712 |
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 22 October 2026 via checked.be.