D.M. TRADE: 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. TRADE
Largest movements
- Cash +€584,149
up €584,149 (+270%), from €216,745 to €800,894
mainly Current investments (+€430,000) and Net result for the year (+€135,410)
- Current investments -€430,000
down €430,000 (-100%), from €430,000 to €0
- Tangible fixed assets -€23,649
down €23,649 (-25.9%), from €91,185 to €67,536
of which Furniture and vehicles: -€21,820
- Reserves +€135,410
up €135,410 (+19.2%), from €706,868 to €842,278
- Gross operating margin -€21,373
down €21,373 (-9.4%), from €227,184 to €205,811
- Depreciation +€17,807
up €17,807 (+305%), from €5,842 to €23,649
- Taxes -€13,162
down €13,162 (-18.6%), from €70,746 to €57,583
- Financial income -€4,832
down €4,832 (-28.8%), from €16,794 to €11,961
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 | €830,475 | €967,788 | +€137,312 | +16.5% |
| Fixed assets | 21/28 | €91,185 | €67,536 | -€23,649 | -25.9% |
| Tangible fixed assets | 22/27 | €91,185 | €67,536 | -€23,649 | -25.9% |
| Furniture and vehicles | 24 | €82,860 | €61,041 | -€21,820 | -26.3% |
| Other tangible fixed assets | 26 | €8,325 | €6,495 | -€1,830 | -22.0% |
| Current assets | 29/58 | €739,290 | €900,252 | +€160,962 | +21.8% |
| Amounts receivable within one year | 40/41 | €92,545 | €98,839 | +€6,294 | +6.8% |
| Trade receivables | 40 | €88,387 | €87,834 | -€552 | -0.6% |
| Other amounts receivable | 41 | €4,159 | €11,005 | +€6,846 | +165% |
| Current investments | 50/53 | €430,000 | €0 | -€430,000 | -100% |
| Cash at bank and in hand | 54/58 | €216,745 | €800,894 | +€584,149 | +270% |
| Deferred charges and accrued income | 490/1 | - | €519 | +€519 | |
| Total equity and liabilities | 10/49 | €830,475 | €967,788 | +€137,312 | +16.5% |
| Equity | 10/15 | €725,468 | €860,878 | +€135,410 | +18.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €706,868 | €842,278 | +€135,410 | +19.2% |
| Distributable reserves | 133 | €706,868 | €842,278 | +€135,410 | +19.2% |
| Amounts payable | 17/49 | €105,007 | €106,910 | +€1,903 | +1.8% |
| Amounts payable within one year | 42/48 | €105,007 | €106,910 | +€1,903 | +1.8% |
| Trade debts | 44 | €1,949 | €267 | -€1,682 | -86.3% |
| Suppliers | 440/4 | €1,949 | €267 | -€1,682 | -86.3% |
| Taxes, remuneration and social security | 45 | €26,074 | €26,674 | +€601 | +2.3% |
| Taxes | 450/3 | €21,199 | €21,799 | +€601 | +2.8% |
| Remuneration and social security | 454/9 | €4,875 | €4,875 | = | 0.0% |
| Other amounts payable | 47/48 | €76,984 | €79,968 | +€2,984 | +3.9% |
| Non-recurring operating income | 76A | €28,926 | €0 | -€28,926 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,842 | €23,649 | +€17,807 | +305% |
| Other operating charges | 640/8 | €801 | €752 | -€49 | -6.1% |
| Gross operating margin | 9900 | €227,184 | €205,811 | -€21,373 | -9.4% |
| Operating profit (loss) | 9901 | €220,541 | €181,410 | -€39,131 | -17.7% |
| Financial income | 75/76B | €16,794 | €11,961 | -€4,832 | -28.8% |
| Recurring financial income | 75 | €16,794 | €11,961 | -€4,832 | -28.8% |
| Financial charges | 65/66B | €244 | €378 | +€134 | +55.2% |
| Recurring financial charges | 65 | €244 | €378 | +€134 | +55.2% |
| Profit (loss) for the period before taxes | 9903 | €237,091 | €192,993 | -€44,098 | -18.6% |
| Income taxes | 67/77 | €70,746 | €57,583 | -€13,162 | -18.6% |
| Profit (loss) for the period | 9904 | €166,345 | €135,410 | -€30,935 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €166,345 | €135,410 | -€30,935 | -18.6% |
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 15 October 2026 via checked.be.