D.N.M.C.: 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.N.M.C.
Largest movements
- Receivables within one year -€12,479
down €12,479 (-60.3%), from €20,695 to €8,216
of which Trade receivables: -€12,479
- Stocks and contracts -€10,904
down €10,904 (-18.1%), from €60,377 to €49,473
- Cash -€7,826
down €7,826 (-40.6%), from €19,264 to €11,438
mainly Net result for the year (-€14,756) and Tax, wage and social debts (-€5,149)
- Profit (loss) carried forward -€14,268
down €14,268 (-49.3%), from €28,930 to €14,662
- Tax, wage and social debts -€5,149
down €5,149 (-65.2%), from €7,897 to €2,748
- Trade debts -€4,193
down €4,193 (-33.6%), from €12,479 to €8,287
- Current portion of long-term debt -€4,170
down €4,170 (-48.4%), from €8,610 to €4,440
- Other debts -€3,474
down €3,474 (-23.5%), from €14,757 to €11,284
- Gross operating margin -€32,710
down €32,710, from €21,195 to -€11,515
- Taxes -€5,513
no longer reported in 2025 (was €5,513)
- Write-downs -€1,117
new in 2025: -€1,117
- Other operating charges +€884
up €884 (+407%), from €217 to €1,102
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 | €100,574 | €69,320 | -€31,254 | -31.1% |
| Fixed assets | 21/28 | €194 | €194 | = | 0.0% |
| Financial fixed assets | 28 | €194 | €194 | = | 0.0% |
| Current assets | 29/58 | €100,381 | €69,127 | -€31,254 | -31.1% |
| Stocks and contracts in progress | 3 | €60,377 | €49,473 | -€10,904 | -18.1% |
| Stocks | 30/36 | €60,377 | €49,473 | -€10,904 | -18.1% |
| Amounts receivable within one year | 40/41 | €20,695 | €8,216 | -€12,479 | -60.3% |
| Trade receivables | 40 | €19,010 | €6,531 | -€12,479 | -65.6% |
| Other amounts receivable | 41 | €1,685 | €1,685 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,264 | €11,438 | -€7,826 | -40.6% |
| Deferred charges and accrued income | 490/1 | €44 | - | -€44 | |
| Total equity and liabilities | 10/49 | €100,574 | €69,320 | -€31,254 | -31.1% |
| Equity | 10/15 | €56,830 | €42,562 | -€14,268 | -25.1% |
| Contributions | 10/11 | €27,900 | €27,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,930 | €14,662 | -€14,268 | -49.3% |
| Amounts payable | 17/49 | €43,744 | €26,758 | -€16,986 | -38.8% |
| Amounts payable within one year | 42/48 | €43,744 | €26,758 | -€16,986 | -38.8% |
| Current portion of amounts payable after more than one year | 42 | €8,610 | €4,440 | -€4,170 | -48.4% |
| Trade debts | 44 | €12,479 | €8,287 | -€4,193 | -33.6% |
| Suppliers | 440/4 | €12,479 | €8,287 | -€4,193 | -33.6% |
| Taxes, remuneration and social security | 45 | €7,897 | €2,748 | -€5,149 | -65.2% |
| Taxes | 450/3 | €7,897 | €2,748 | -€5,149 | -65.2% |
| Other amounts payable | 47/48 | €14,757 | €11,284 | -€3,474 | -23.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€1,117 | -€1,117 | |
| Other operating charges | 640/8 | €217 | €1,102 | +€884 | +407% |
| Gross operating margin | 9900 | €21,195 | -€11,515 | -€32,710 | |
| Operating profit (loss) | 9901 | €20,978 | -€11,499 | -€32,477 | |
| Financial income | 75/76B | €199 | €325 | +€126 | +63.7% |
| Recurring financial income | 75 | €199 | €325 | +€126 | +63.7% |
| Financial charges | 65/66B | €3,751 | €3,582 | -€169 | -4.5% |
| Recurring financial charges | 65 | €3,751 | €3,582 | -€169 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €17,426 | -€14,756 | -€32,182 | |
| Income taxes | 67/77 | €5,513 | - | -€5,513 | |
| Profit (loss) for the period | 9904 | €11,913 | -€14,756 | -€26,669 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,913 | -€14,756 | -€26,669 |
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 17 October 2026 via checked.be.