D-Mine: 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-Mine
Largest movements
- Cash -€62,792
down €62,792 (-68.4%), from €91,784 to €28,992
mainly Contributions, distributions and other (-€78,139) and Receivables within one year (-€19,480)
- Current investments -€19,792
down €19,792 (-22.9%), from €86,440 to €66,648
- Receivables within one year +€19,480
up €19,480 (+82.1%), from €23,723 to €43,204
of which Other amounts receivable: +€35,936
- Tangible fixed assets -€4,945
down €4,945 (-44.5%), from €11,120 to €6,175
of which Other tangible fixed assets: -€3,570
- Reserves -€78,139
down €78,139 (-32.2%), from €242,707 to €164,567
- Profit (loss) carried forward +€19,101
up €19,101 (+12,060%), from €158 to €19,259
- Tax, wage and social debts -€10,262
down €10,262 (-100%), from €10,262 to €0
- Gross operating margin -€64,849
down €64,849 (-69.7%), from €93,105 to €28,256
- Taxes -€19,467
down €19,467 (-80.1%), from €24,314 to €4,847
- Depreciation -€1,014
down €1,014 (-17.0%), from €5,959 to €4,945
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 | €261,432 | €191,569 | -€69,864 | -26.7% |
| Fixed assets | 21/28 | €11,120 | €6,175 | -€4,945 | -44.5% |
| Tangible fixed assets | 22/27 | €11,120 | €6,175 | -€4,945 | -44.5% |
| Plant, machinery and equipment | 23 | €29 | €0 | -€29 | -100% |
| Furniture and vehicles | 24 | €1,765 | €419 | -€1,346 | -76.2% |
| Other tangible fixed assets | 26 | €9,325 | €5,756 | -€3,570 | -38.3% |
| Current assets | 29/58 | €250,312 | €185,393 | -€64,919 | -25.9% |
| Amounts receivable after more than one year | 29 | €46,538 | €44,225 | -€2,313 | -5.0% |
| Other amounts receivable | 291 | €46,538 | €44,225 | -€2,313 | -5.0% |
| Amounts receivable within one year | 40/41 | €23,723 | €43,204 | +€19,480 | +82.1% |
| Trade receivables | 40 | €16,456 | €0 | -€16,456 | -100% |
| Other amounts receivable | 41 | €7,267 | €43,204 | +€35,936 | +494% |
| Current investments | 50/53 | €86,440 | €66,648 | -€19,792 | -22.9% |
| Cash at bank and in hand | 54/58 | €91,784 | €28,992 | -€62,792 | -68.4% |
| Deferred charges and accrued income | 490/1 | €1,827 | €2,325 | +€497 | +27.2% |
| Total equity and liabilities | 10/49 | €261,432 | €191,569 | -€69,864 | -26.7% |
| Equity | 10/15 | €249,065 | €190,026 | -€59,039 | -23.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €242,707 | €164,567 | -€78,139 | -32.2% |
| Distributable reserves | 133 | €242,707 | €164,567 | -€78,139 | -32.2% |
| Profit (loss) carried forward | 14 | €158 | €19,259 | +€19,101 | +12,060% |
| Amounts payable | 17/49 | €12,367 | €1,542 | -€10,825 | -87.5% |
| Amounts payable within one year | 42/48 | €12,367 | €1,542 | -€10,825 | -87.5% |
| Trade debts | 44 | €2,054 | €1,493 | -€561 | -27.3% |
| Suppliers | 440/4 | €2,054 | €1,493 | -€561 | -27.3% |
| Taxes, remuneration and social security | 45 | €10,262 | €0 | -€10,262 | -100% |
| Taxes | 450/3 | €10,262 | €0 | -€10,262 | -100% |
| Other amounts payable | 47/48 | €52 | €49 | -€3 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,959 | €4,945 | -€1,014 | -17.0% |
| Other operating charges | 640/8 | €581 | €550 | -€32 | -5.4% |
| Gross operating margin | 9900 | €93,105 | €28,256 | -€64,849 | -69.7% |
| Operating profit (loss) | 9901 | €86,565 | €22,761 | -€63,804 | -73.7% |
| Financial income | 75/76B | €1,802 | €1,367 | -€436 | -24.2% |
| Recurring financial income | 75 | €1,802 | €1,367 | -€436 | -24.2% |
| Financial charges | 65/66B | €67 | €180 | +€113 | +167% |
| Recurring financial charges | 65 | €67 | €180 | +€113 | +167% |
| Profit (loss) for the period before taxes | 9903 | €88,300 | €23,948 | -€64,352 | -72.9% |
| Income taxes | 67/77 | €24,314 | €4,847 | -€19,467 | -80.1% |
| Profit (loss) for the period | 9904 | €63,986 | €19,101 | -€44,886 | -70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €63,986 | €19,101 | -€44,886 | -70.1% |
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 27 October 2026 via checked.be.