D.M.S.: 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.S.
Largest movements
- Tangible fixed assets -€16,638
down €16,638 (-15.7%), from €105,770 to €89,132
of which Furniture and vehicles: -€13,102
- Cash -€6,231
down €6,231 (-59.6%), from €10,456 to €4,226
mainly Trade debts (-€42,196) and Other debts (-€15,186)
- Trade debts -€42,196
down €42,196 (-73.2%), from €57,680 to €15,483
- Profit (loss) carried forward +€31,059
up €31,059 (+85.7%), from -€36,225 to -€5,166
- Other debts -€15,186
down €15,186 (-20.6%), from €73,822 to €58,637
- Debts after one year -€8,033
down €8,033 (-29.2%), from €27,488 to €19,455
- Tax, wage and social debts +€4,388
up €4,388 (+44.3%), from €9,910 to €14,298
of which Taxes: +€4,388
- Gross operating margin +€56,458
up €56,458 (+1,853%), from €3,047 to €59,506
- Depreciation +€14,384
up €14,384 (+408%), from €3,523 to €17,907
- Financial income -€2,650
down €2,650 (-83.9%), from €3,159 to €508
of which Non-recurring financial income: -€2,197
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.
Derived cash bridge
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 | €170,269 | €143,674 | -€26,595 | -15.6% |
| Fixed assets | 21/28 | €105,770 | €89,132 | -€16,638 | -15.7% |
| Tangible fixed assets | 22/27 | €105,770 | €89,132 | -€16,638 | -15.7% |
| Land and buildings | 22 | €30,345 | €28,756 | -€1,589 | -5.2% |
| Plant, machinery and equipment | 23 | €7,387 | €5,439 | -€1,948 | -26.4% |
| Furniture and vehicles | 24 | €68,038 | €54,937 | -€13,102 | -19.3% |
| Current assets | 29/58 | €64,499 | €54,542 | -€9,956 | -15.4% |
| Stocks and contracts in progress | 3 | €17,069 | €15,783 | -€1,286 | -7.5% |
| Stocks | 30/36 | €17,069 | €15,783 | -€1,286 | -7.5% |
| Amounts receivable within one year | 40/41 | €36,058 | €34,534 | -€1,525 | -4.2% |
| Trade receivables | 40 | €36,058 | €34,534 | -€1,525 | -4.2% |
| Cash at bank and in hand | 54/58 | €10,456 | €4,226 | -€6,231 | -59.6% |
| Deferred charges and accrued income | 490/1 | €915 | - | -€915 | |
| Total equity and liabilities | 10/49 | €170,269 | €143,674 | -€26,595 | -15.6% |
| Equity | 10/15 | -€10,588 | €20,471 | +€31,059 | |
| Contributions | 10/11 | €20,592 | €20,592 | = | 0.0% |
| Capital | 10 | €20,592 | €20,592 | = | 0.0% |
| Issued capital | 100 | €20,592 | €20,592 | = | 0.0% |
| Reserves | 13 | €5,046 | €5,046 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,086 | €1,086 | = | 0.0% |
| Legal reserve | 130 | €1,086 | €1,086 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,960 | €3,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,225 | -€5,166 | +€31,059 | +85.7% |
| Amounts payable | 17/49 | €180,856 | €123,203 | -€57,654 | -31.9% |
| Amounts payable after more than one year | 17 | €27,488 | €19,455 | -€8,033 | -29.2% |
| Financial debts | 170/4 | €27,488 | €19,455 | -€8,033 | -29.2% |
| Amounts payable within one year | 42/48 | €153,369 | €103,748 | -€49,621 | -32.4% |
| Current portion of amounts payable after more than one year | 42 | €7,051 | €8,259 | +€1,209 | +17.1% |
| Financial debts | 43 | €2,781 | €4,945 | +€2,164 | +77.8% |
| Credit institutions | 430/8 | €2,781 | €4,945 | +€2,164 | +77.8% |
| Trade debts | 44 | €57,680 | €15,483 | -€42,196 | -73.2% |
| Suppliers | 440/4 | €57,680 | €15,483 | -€42,196 | -73.2% |
| Advances received on contracts in progress | 46 | €2,125 | €2,125 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €9,910 | €14,298 | +€4,388 | +44.3% |
| Taxes | 450/3 | €8,028 | €12,417 | +€4,388 | +54.7% |
| Remuneration and social security | 454/9 | €1,882 | €1,882 | = | 0.0% |
| Other amounts payable | 47/48 | €73,822 | €58,637 | -€15,186 | -20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,523 | €17,907 | +€14,384 | +408% |
| Other operating charges | 640/8 | €8,769 | €8,375 | -€394 | -4.5% |
| Gross operating margin | 9900 | €3,047 | €59,506 | +€56,458 | +1,853% |
| Operating profit (loss) | 9901 | -€9,245 | €33,223 | +€42,468 | |
| Financial income | 75/76B | €3,159 | €508 | -€2,650 | -83.9% |
| Recurring financial income | 75 | €962 | €508 | -€453 | -47.1% |
| Non-recurring financial income | 76B | €2,197 | - | -€2,197 | |
| Financial charges | 65/66B | €2,206 | €2,420 | +€214 | +9.7% |
| Recurring financial charges | 65 | €2,206 | €2,420 | +€214 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,292 | €31,312 | +€39,603 | |
| Income taxes | 67/77 | - | €253 | +€253 | |
| Profit (loss) for the period | 9904 | -€8,292 | €31,059 | +€39,351 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,292 | €31,059 | +€39,351 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.