D-MET: 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-MET
Largest movements
- Financial fixed assets -€1.0m
no longer reported in 2024 (was €1.0m)
- Receivables within one year +€306,881
up €306,881 (+52761.4%), from €582 to €307,463
of which Other amounts receivable: +€182,463
- Cash +€121,813
up €121,813 (+56.0%), from €217,601 to €339,415
mainly Investment in fixed assets (net) (+€959,044) and Net result for the year (+€215,607)
- Tangible fixed assets +€47,255
up €47,255 (+86.8%), from €54,453 to €101,708
of which Furniture and vehicles: +€40,638
- Debts after one year -€489,682
down €489,682 (-94.6%), from €517,449 to €27,767
- Reserves +€215,607
up €215,607 (+48.3%), from €446,501 to €662,109
of which Distributable reserves: +€232,638
- Advances received -€125,000
no longer reported in 2024 (was €125,000)
- Other debts -€119,534
no longer reported in 2024 (was €119,534)
- Current portion of long-term debt -€62,935
down €62,935 (-91.5%), from €68,790 to €5,856
- Financial income +€207,022
up €207,022 (+227.0%), from €91,180 to €298,203
of which Non-recurring financial income: +€275,000
- Gross operating margin -€100,866
down €100,866, from €74,720 to -€26,146
- Taxes +€14,310
up €14,310 (+103.4%), from €13,843 to €28,153
- Depreciation +€5,528
up €5,528 (+67.6%), from €8,173 to €13,701
- Financial charges -€4,147
down €4,147 (-29.2%), from €14,187 to €10,041
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 | €1,292,801 | €748,693 | -€544,109 | -42.1% |
| Fixed assets | 21/28 | €1,074,453 | €101,708 | -€972,745 | -90.5% |
| Tangible fixed assets | 22/27 | €54,453 | €101,708 | +€47,255 | +86.8% |
| Land and buildings | 22 | €40,545 | €34,662 | -€5,883 | -14.5% |
| Plant, machinery and equipment | 23 | €13,908 | €26,409 | +€12,500 | +89.9% |
| Furniture and vehicles | 24 | - | €40,638 | +€40,638 | |
| Financial fixed assets | 28 | €1,020,000 | - | -€1.0m | |
| Current assets | 29/58 | €218,348 | €646,985 | +€428,636 | +196.3% |
| Amounts receivable after more than one year | 29 | €107 | €107 | = | 0.0% |
| Other amounts receivable | 291 | €107 | €107 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €582 | €307,463 | +€306,881 | +52761.4% |
| Trade receivables | 40 | €582 | €125,000 | +€124,418 | +21391.0% |
| Other amounts receivable | 41 | - | €182,463 | +€182,463 | |
| Cash at bank and in hand | 54/58 | €217,601 | €339,415 | +€121,813 | +56.0% |
| Deferred charges and accrued income | 490/1 | €58 | - | -€58 | |
| Total equity and liabilities | 10/49 | €1,292,801 | €748,693 | -€544,109 | -42.1% |
| Equity | 10/15 | €446,501 | €662,109 | +€215,607 | +48.3% |
| Reserves | 13 | €446,501 | €662,109 | +€215,607 | +48.3% |
| Tax-exempt reserves | 132 | €17,031 | - | -€17,031 | |
| Distributable reserves | 133 | €429,471 | €662,109 | +€232,638 | +54.2% |
| Amounts payable | 17/49 | €846,300 | €86,584 | -€759,716 | -89.8% |
| Amounts payable after more than one year | 17 | €517,449 | €27,767 | -€489,682 | -94.6% |
| Financial debts | 170/4 | €517,449 | €27,767 | -€489,682 | -94.6% |
| Amounts payable within one year | 42/48 | €328,851 | €56,317 | -€272,533 | -82.9% |
| Current portion of amounts payable after more than one year | 42 | €68,790 | €5,856 | -€62,935 | -91.5% |
| Trade debts | 44 | €1,840 | €9,715 | +€7,875 | +428.0% |
| Suppliers | 440/4 | €1,840 | €9,715 | +€7,875 | +428.0% |
| Advances received on contracts in progress | 46 | €125,000 | - | -€125,000 | |
| Taxes, remuneration and social security | 45 | €13,686 | €40,747 | +€27,061 | +197.7% |
| Taxes | 450/3 | €13,686 | €40,747 | +€27,061 | +197.7% |
| Other amounts payable | 47/48 | €119,534 | - | -€119,534 | |
| Accrued charges and deferred income | 492/3 | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,173 | €13,701 | +€5,528 | +67.6% |
| Other operating charges | 640/8 | €7,823 | €4,555 | -€3,268 | -41.8% |
| Non-recurring operating charges | 66A | €140,228 | - | -€140,228 | |
| Gross operating margin | 9900 | €74,720 | -€26,146 | -€100,866 | |
| Operating profit (loss) | 9901 | -€81,503 | -€44,402 | +€37,102 | +45.5% |
| Financial income | 75/76B | €91,180 | €298,203 | +€207,022 | +227.0% |
| Recurring financial income | 75 | €91,180 | €23,203 | -€67,978 | -74.6% |
| Non-recurring financial income | 76B | - | €275,000 | +€275,000 | |
| Financial charges | 65/66B | €14,187 | €10,041 | -€4,147 | -29.2% |
| Recurring financial charges | 65 | €14,187 | €10,041 | -€4,147 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,510 | €243,760 | +€248,271 | |
| Income taxes | 67/77 | €13,843 | €28,153 | +€14,310 | +103.4% |
| Profit (loss) for the period | 9904 | -€18,353 | €215,607 | +€233,961 | |
| Transfer from tax-exempt reserves | 789 | - | €17,031 | +€17,031 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,353 | €232,638 | +€250,992 |
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 3 October 2026 via checked.be.