D&M RENOVATION: 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 RENOVATION
Largest movements
- Cash +€53,033
up €53,033 (+68.6%), from €77,296 to €130,329
mainly Trade debts (+€121,745) and Depreciation (+€4,699)
- Receivables within one year +€20,558
up €20,558 (+16.8%), from €122,422 to €142,979
of which Trade receivables: +€56,174
- Stocks and contracts -€4,100
down €4,100 (-58.1%), from €7,055 to €2,954
- Trade debts +€121,745
up €121,745 (+139%), from €87,787 to €209,532
- Profit (loss) carried forward -€45,254
down €45,254 (-51.0%), from €88,717 to €43,464
- Other debts -€8,205
down €8,205 (-40.9%), from €20,078 to €11,873
- Gross operating margin -€27,920
down €27,920 (-88.1%), from €31,702 to €3,781
- Financial income -€11,933
down €11,933 (-100%), from €11,933 to €0
- Staff costs +€7,478
up €7,478 (+31.1%), from €24,050 to €31,528
- Financial charges -€6,103
down €6,103 (-81.1%), from €7,529 to €1,426
- Taxes -€1,714
no longer reported in 2025 (was €1,714)
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 | €216,835 | €284,009 | +€67,174 | +31.0% |
| Fixed assets | 21/28 | €8,795 | €7,126 | -€1,669 | -19.0% |
| Tangible fixed assets | 22/27 | €8,745 | €7,076 | -€1,669 | -19.1% |
| Plant, machinery and equipment | 23 | €963 | €612 | -€351 | -36.4% |
| Furniture and vehicles | 24 | €7,783 | €6,464 | -€1,319 | -16.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €208,040 | €276,883 | +€68,843 | +33.1% |
| Stocks and contracts in progress | 3 | €7,055 | €2,954 | -€4,100 | -58.1% |
| Stocks | 30/36 | €7,055 | €2,954 | -€4,100 | -58.1% |
| Amounts receivable within one year | 40/41 | €122,422 | €142,979 | +€20,558 | +16.8% |
| Trade receivables | 40 | €85,549 | €141,723 | +€56,174 | +65.7% |
| Other amounts receivable | 41 | €36,873 | €1,256 | -€35,617 | -96.6% |
| Cash at bank and in hand | 54/58 | €77,296 | €130,329 | +€53,033 | +68.6% |
| Deferred charges and accrued income | 490/1 | €1,267 | €620 | -€647 | -51.0% |
| Total equity and liabilities | 10/49 | €216,835 | €284,009 | +€67,174 | +31.0% |
| Equity | 10/15 | €96,777 | €51,524 | -€45,254 | -46.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,717 | €43,464 | -€45,254 | -51.0% |
| Amounts payable | 17/49 | €120,058 | €232,485 | +€112,428 | +93.6% |
| Amounts payable within one year | 42/48 | €120,058 | €231,285 | +€111,228 | +92.6% |
| Trade debts | 44 | €87,787 | €209,532 | +€121,745 | +139% |
| Suppliers | 440/4 | €87,787 | €209,532 | +€121,745 | +139% |
| Taxes, remuneration and social security | 45 | €12,192 | €9,880 | -€2,313 | -19.0% |
| Taxes | 450/3 | €2,682 | €3,118 | +€436 | +16.3% |
| Remuneration and social security | 454/9 | €9,510 | €6,761 | -€2,749 | -28.9% |
| Other amounts payable | 47/48 | €20,078 | €11,873 | -€8,205 | -40.9% |
| Accrued charges and deferred income | 492/3 | - | €1,200 | +€1,200 | |
| Remuneration, social security and pensions | 62 | €24,050 | €31,528 | +€7,478 | +31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,254 | €4,699 | +€445 | +10.5% |
| Other operating charges | 640/8 | €1,085 | €583 | -€502 | -46.3% |
| Non-recurring operating charges | 66A | - | €10,800 | +€10,800 | |
| Gross operating margin | 9900 | €31,702 | €3,781 | -€27,920 | -88.1% |
| Operating profit (loss) | 9901 | €2,313 | -€43,828 | -€46,141 | |
| Financial income | 75/76B | €11,933 | €0 | -€11,933 | -100% |
| Recurring financial income | 75 | €11,933 | €0 | -€11,933 | -100% |
| Financial charges | 65/66B | €7,529 | €1,426 | -€6,103 | -81.1% |
| Recurring financial charges | 65 | €7,529 | €1,426 | -€6,103 | -81.1% |
| Profit (loss) for the period before taxes | 9903 | €6,717 | -€45,254 | -€51,971 | |
| Income taxes | 67/77 | €1,714 | - | -€1,714 | |
| Profit (loss) for the period | 9904 | €5,003 | -€45,254 | -€50,257 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,003 | -€45,254 | -€50,257 |
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 20 October 2026 via checked.be.