D.M. GROUP: what changed
Two fiscal 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. GROUP
Largest movements
- Tangible fixed assets +€1.8m
up €1.8m (+187.4%), from €969,112 to €2.8m
of which Land and buildings: +€1.8m
- Debts after one year +€2.3m
up €2.3m (+452.2%), from €509,461 to €2.8m
of which Financial debts: +€2.3m
- Short-term financial debts -€503,647
down €503,647 (-97.3%), from €517,598 to €13,952
- Profit (loss) carried forward -€125,698
down €125,698, from €79,897 to -€45,801
- Other debts +€124,621
up €124,621 (+77.0%), from €161,824 to €286,445
- Current portion of long-term debt +€75,308
up €75,308 (+159.0%), from €47,376 to €122,685
- Depreciation +€35,646
up €35,646 (+80.5%), from €44,295 to €79,941
- Financial charges +€34,605
up €34,605 (+154.4%), from €22,411 to €57,016
- Gross operating margin -€10,424
down €10,424 (-37.1%), from €28,107 to €17,683
- Other operating charges +€1,317
up €1,317 (+27.0%), from €4,879 to €6,197
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,379,708 | €3,222,230 | +€1.8m | +133.5% |
| Fixed assets | 21/28 | €969,112 | €2,785,113 | +€1.8m | +187.4% |
| Tangible fixed assets | 22/27 | €969,112 | €2,785,113 | +€1.8m | +187.4% |
| Land and buildings | 22 | €958,192 | €2,774,487 | +€1.8m | +189.6% |
| Plant, machinery and equipment | 23 | €366 | €0 | -€366 | -100.0% |
| Furniture and vehicles | 24 | €10,554 | €10,626 | +€73 | +0.7% |
| Current assets | 29/58 | €410,596 | €437,117 | +€26,521 | +6.5% |
| Stocks and contracts in progress | 3 | €406,080 | €422,824 | +€16,744 | +4.1% |
| Stocks | 30/36 | €406,080 | €422,824 | +€16,744 | +4.1% |
| Amounts receivable within one year | 40/41 | €4,168 | €14,146 | +€9,978 | +239.4% |
| Trade receivables | 40 | €4,168 | €14,146 | +€9,978 | +239.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €348 | €148 | -€200 | -57.5% |
| Total equity and liabilities | 10/49 | €1,379,708 | €3,222,230 | +€1.8m | +133.5% |
| Equity | 10/15 | €102,972 | -€22,727 | -€125,698 | |
| Contributions | 10/11 | €22,335 | €22,335 | = | 0.0% |
| Reserves | 13 | €739 | €739 | = | 0.0% |
| Non-distributable reserves | 130/1 | €739 | €739 | = | 0.0% |
| Reserves not available under the articles | 1311 | €739 | €739 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,897 | -€45,801 | -€125,698 | |
| Amounts payable | 17/49 | €1,276,737 | €3,244,957 | +€2.0m | +154.2% |
| Amounts payable after more than one year | 17 | €509,461 | €2,813,027 | +€2.3m | +452.2% |
| Financial debts | 170/4 | €509,461 | €2,812,277 | +€2.3m | +452.0% |
| Other amounts payable | 178/9 | - | €750 | +€750 | |
| Amounts payable within one year | 42/48 | €760,886 | €431,930 | -€328,955 | -43.2% |
| Current portion of amounts payable after more than one year | 42 | €47,376 | €122,685 | +€75,308 | +159.0% |
| Financial debts | 43 | €517,598 | €13,952 | -€503,647 | -97.3% |
| Credit institutions | 430/8 | €517,598 | €13,952 | -€503,647 | -97.3% |
| Trade debts | 44 | €28,607 | €1,776 | -€26,832 | -93.8% |
| Suppliers | 440/4 | €28,607 | €1,776 | -€26,832 | -93.8% |
| Taxes, remuneration and social security | 45 | €5,480 | €7,073 | +€1,593 | +29.1% |
| Taxes | 450/3 | €3,832 | €4,026 | +€193 | +5.0% |
| Remuneration and social security | 454/9 | €1,647 | €3,047 | +€1,400 | +85.0% |
| Other amounts payable | 47/48 | €161,824 | €286,445 | +€124,621 | +77.0% |
| Accrued charges and deferred income | 492/3 | €6,390 | €0 | -€6,390 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,295 | €79,941 | +€35,646 | +80.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €0 | = | |
| Other operating charges | 640/8 | €4,879 | €6,197 | +€1,317 | +27.0% |
| Gross operating margin | 9900 | €28,107 | €17,683 | -€10,424 | -37.1% |
| Operating profit (loss) | 9901 | -€21,068 | -€68,455 | -€47,387 | -224.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €22,411 | €57,016 | +€34,605 | +154.4% |
| Recurring financial charges | 65 | €22,411 | €57,016 | +€34,605 | +154.4% |
| Profit (loss) for the period before taxes | 9903 | -€43,478 | -€125,471 | -€81,992 | -188.6% |
| Income taxes | 67/77 | €214 | €228 | +€13 | +6.3% |
| Profit (loss) for the period | 9904 | -€43,693 | -€125,698 | -€82,006 | -187.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,693 | -€125,698 | -€82,006 | -187.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.