DA & DM PROJECTS: 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.
DA & DM PROJECTS
Largest movements
- Tangible fixed assets -€26,275
down €26,275 (-2.2%), from €1.2m to €1.2m
- Debts after one year +€350,000
up €350,000 (+155.6%), from €225,000 to €575,000
of which Financial debts: +€350,000
- Short-term financial debts -€228,710
no longer reported in 2024 (was €228,710)
- Profit (loss) carried forward -€89,747
down €89,747 (-41.6%), from -€215,785 to -€305,532
- Other debts -€68,844
down €68,844 (-10.8%), from €634,961 to €566,117
- Accrued charges and deferred income +€15,893
new in 2024: €15,893
- Financial charges -€33,426
down €33,426 (-54.4%), from €61,442 to €28,017
- Gross operating margin -€8,708
down €8,708 (-702.5%), from -€1,240 to -€9,947
- Other operating charges +€7,083
up €7,083 (+74.2%), from €9,541 to €16,623
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 | €1,204,065 | €1,173,720 | -€30,345 | -2.5% |
| Fixed assets | 21/28 | €1,199,995 | €1,173,720 | -€26,275 | -2.2% |
| Tangible fixed assets | 22/27 | €1,199,995 | €1,173,720 | -€26,275 | -2.2% |
| Land and buildings | 22 | €1,199,995 | €1,173,720 | -€26,275 | -2.2% |
| Current assets | 29/58 | €4,071 | €1 | -€4,070 | -100.0% |
| Amounts receivable within one year | 40/41 | €4,070 | - | -€4,070 | |
| Other amounts receivable | 41 | €4,070 | - | -€4,070 | |
| Cash at bank and in hand | 54/58 | €1 | €1 | -€0 | -8.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,204,065 | €1,173,720 | -€30,345 | -2.5% |
| Equity | 10/15 | €13,802 | -€75,945 | -€89,747 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Revaluation surpluses | 12 | €223,387 | €223,387 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€215,785 | -€305,532 | -€89,747 | -41.6% |
| Amounts payable | 17/49 | €1,190,263 | €1,249,665 | +€59,402 | +5.0% |
| Amounts payable after more than one year | 17 | €225,000 | €575,000 | +€350,000 | +155.6% |
| Financial debts | 170/4 | €225,000 | €575,000 | +€350,000 | +155.6% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €965,263 | €658,772 | -€306,491 | -31.8% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | €54,167 | +€4,167 | +8.3% |
| Financial debts | 43 | €228,710 | - | -€228,710 | |
| Credit institutions | 430/8 | €228,710 | - | -€228,710 | |
| Trade debts | 44 | €51,592 | €38,488 | -€13,104 | -25.4% |
| Suppliers | 440/4 | €51,592 | €38,488 | -€13,104 | -25.4% |
| Other amounts payable | 47/48 | €634,961 | €566,117 | -€68,844 | -10.8% |
| Accrued charges and deferred income | 492/3 | - | €15,893 | +€15,893 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,160 | €35,160 | = | 0.0% |
| Other operating charges | 640/8 | €9,541 | €16,623 | +€7,083 | +74.2% |
| Gross operating margin | 9900 | -€1,240 | -€9,947 | -€8,708 | -702.5% |
| Operating profit (loss) | 9901 | -€45,940 | -€61,730 | -€15,790 | -34.4% |
| Financial charges | 65/66B | €61,442 | €28,017 | -€33,426 | -54.4% |
| Recurring financial charges | 65 | €61,442 | €28,017 | -€33,426 | -54.4% |
| Profit (loss) for the period before taxes | 9903 | -€107,382 | -€89,747 | +€17,635 | +16.4% |
| Profit (loss) for the period | 9904 | -€107,382 | -€89,747 | +€17,635 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€107,382 | -€89,747 | +€17,635 | +16.4% |
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 29 September 2026 via checked.be.