D.M.J. Holding: what changed
What changed
D.M.J. Holding
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
€4.1m
2024 · €3.8m+€354,628
Equity
€10.8m
2024 · €6.7m+€4.1m
Cash
€5.0m
2024 · €3.6m+€1.3m
Balance sheet total
€13.3m
2024 · €9.5m+€3.8m
Largest movements
Assets
- Receivables within one year +€2.5m
up €2.5m (+51.2%), from €5.0m to €7.5m
of which Other amounts receivable: +€1.7m
- Cash +€1.3m
up €1.3m (+36.7%), from €3.6m to €5.0m
mainly Net result for the year (+€4.1m) and Accrued charges and deferred income (+€237,000)
Equity and liabilities
- Reserves +€4.1m
up €4.1m (+62.2%), from €6.6m to €10.8m
of which Distributable reserves: +€3.1m
- Tax, wage and social debts -€585,968
down €585,968 (-33.2%), from €1.8m to €1.2m
of which Taxes: -€575,243
- Accrued charges and deferred income +€237,000
new in 2025: €237,000
Income statement
- Gross operating margin +€399,440
up €399,440 (+7.7%), from €5.2m to €5.6m
- Taxes +€121,208
up €121,208 (+9.8%), from €1.2m to €1.4m
- Financial income +€105,000
up €105,000 (+106%), from €98,898 to €203,898
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.
Result 2024
€3.8m
Gross operating margin
+€399,440
Staff costs
-€13,953
Depreciation
-€18,988
Other operating charges
+€5,833
Financial income
+€105,000
Financial charges
-€1,496
Taxes
-€121,208
Result 2025
€4.1m
raises the resultlowers the result
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.
From operations
+€1.4m
Investment
€0
Financing
-€32,656
Cash 2024
€3.6m
From operations (derived)
+€1.4m
Net result for the year
+€4.1m
Depreciation
+€32,627
Receivables within one year
-€2.5m
Smaller working-capital items
-€1,966
Tax, wage and social debts
-€585,968
Other debts
+€89,157
Accrued charges and deferred income
+€237,000
Financing
-€32,656
Debts after one year
-€34,200
Current portion of long-term debt
+€1,752
Short-term financial debts
-€208
Cash 2025
€5.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,476,787 | €13,314,154 | +€3.8m | +40.5% |
| Fixed assets | 21/28 | €886,240 | €853,613 | -€32,627 | -3.7% |
| Tangible fixed assets | 22/27 | €149,494 | €116,867 | -€32,627 | -21.8% |
| Furniture and vehicles | 24 | €149,494 | €116,867 | -€32,627 | -21.8% |
| Financial fixed assets | 28 | €736,746 | €736,746 | = | 0.0% |
| Current assets | 29/58 | €8,590,547 | €12,460,541 | +€3.9m | +45.0% |
| Amounts receivable within one year | 40/41 | €4,952,778 | €7,489,699 | +€2.5m | +51.2% |
| Trade receivables | 40 | €728,180 | €1,606,417 | +€878,237 | +121% |
| Other amounts receivable | 41 | €4,224,598 | €5,883,282 | +€1.7m | +39.3% |
| Cash at bank and in hand | 54/58 | €3,637,179 | €4,970,239 | +€1.3m | +36.7% |
| Deferred charges and accrued income | 490/1 | €590 | €603 | +€13 | +2.2% |
| Total equity and liabilities | 10/49 | €9,476,787 | €13,314,154 | +€3.8m | +40.5% |
| Equity | 10/15 | €6,705,028 | €10,836,815 | +€4.1m | +61.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,642,740 | €10,774,510 | +€4.1m | +62.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,995,540 | €2,993,310 | +€997,770 | +50.0% |
| Distributable reserves | 133 | €4,641,000 | €7,775,000 | +€3.1m | +67.5% |
| Profit (loss) carried forward | 14 | €288 | €305 | +€17 | +5.9% |
| Amounts payable | 17/49 | €2,771,759 | €2,477,339 | -€294,420 | -10.6% |
| Amounts payable after more than one year | 17 | €62,944 | €28,744 | -€34,200 | -54.3% |
| Financial debts | 170/4 | €62,944 | €28,744 | -€34,200 | -54.3% |
| Amounts payable within one year | 42/48 | €2,708,815 | €2,211,595 | -€497,220 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €31,748 | €33,500 | +€1,752 | +5.5% |
| Financial debts | 43 | €208 | - | -€208 | |
| Credit institutions | 430/8 | €208 | - | -€208 | |
| Trade debts | 44 | €11,402 | €9,449 | -€1,953 | -17.1% |
| Suppliers | 440/4 | €11,402 | €9,449 | -€1,953 | -17.1% |
| Taxes, remuneration and social security | 45 | €1,767,343 | €1,181,375 | -€585,968 | -33.2% |
| Taxes | 450/3 | €1,722,419 | €1,147,176 | -€575,243 | -33.4% |
| Remuneration and social security | 454/9 | €44,924 | €34,199 | -€10,725 | -23.9% |
| Other amounts payable | 47/48 | €898,114 | €987,271 | +€89,157 | +9.9% |
| Accrued charges and deferred income | 492/3 | - | €237,000 | +€237,000 | |
| Remuneration, social security and pensions | 62 | €158,025 | €171,978 | +€13,953 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,639 | €32,627 | +€18,988 | +139% |
| Other operating charges | 640/8 | €8,485 | €2,652 | -€5,833 | -68.7% |
| Gross operating margin | 9900 | €5,166,074 | €5,565,514 | +€399,440 | +7.7% |
| Operating profit (loss) | 9901 | €4,985,925 | €5,358,257 | +€372,332 | +7.5% |
| Financial income | 75/76B | €98,898 | €203,898 | +€105,000 | +106% |
| Recurring financial income | 75 | €98,898 | €203,898 | +€105,000 | +106% |
| Financial charges | 65/66B | €75,760 | €77,256 | +€1,496 | +2.0% |
| Recurring financial charges | 65 | €75,760 | €77,256 | +€1,496 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €5,009,063 | €5,484,899 | +€475,836 | +9.5% |
| Income taxes | 67/77 | €1,231,904 | €1,353,112 | +€121,208 | +9.8% |
| Profit (loss) for the period | 9904 | €3,777,159 | €4,131,787 | +€354,628 | +9.4% |
| Transfer to tax-exempt reserves | 689 | €997,770 | €997,770 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,779,389 | €3,134,017 | +€354,628 | +12.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.