DAEMS: 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.
DAEMS
Largest movements
- Cash -€184,376
down €184,376 (-55.2%), from €333,804 to €149,428
mainly Receivables after one year (-€125,000) and Receivables within one year (-€34,854)
- Receivables after one year +€125,000
new in 2024: €125,000
- Receivables within one year +€34,854
up €34,854 (+790.0%), from €4,412 to €39,266
of which Trade receivables: +€32,993
- Deferred charges and accrued income +€18,000
new in 2024: €18,000
- Tangible fixed assets -€16,182
down €16,182 (-6.1%), from €266,096 to €249,914
of which Furniture and vehicles: -€13,825
- Profit (loss) carried forward -€442,684
no longer reported in 2024 (was €442,684)
- Reserves +€418,388
up €418,388 (+100.1%), from €417,968 to €836,356
of which Distributable reserves: +€418,388
- Debts after one year -€21,150
down €21,150 (-27.3%), from €77,547 to €56,396
- Trade debts +€15,870
up €15,870 (+132.2%), from €12,005 to €27,875
- Accrued charges and deferred income +€12,148
up €12,148 (+100.0%), from €12,152 to €24,299
- Staff costs -€42,168
down €42,168 (-21.3%), from €198,069 to €155,902
- Gross operating margin -€21,652
down €21,652 (-9.1%), from €237,464 to €215,811
- Financial income -€7,163
down €7,163 (-74.3%), from €9,636 to €2,473
- Taxes +€3,749
up €3,749 (+152.5%), from €2,458 to €6,207
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 | €1,008,374 | €986,131 | -€22,243 | -2.2% |
| Fixed assets | 21/28 | €266,221 | €249,914 | -€16,307 | -6.1% |
| Tangible fixed assets | 22/27 | €266,096 | €249,914 | -€16,182 | -6.1% |
| Land and buildings | 22 | €161,164 | €150,970 | -€10,194 | -6.3% |
| Plant, machinery and equipment | 23 | €41,390 | €28,336 | -€13,053 | -31.5% |
| Furniture and vehicles | 24 | €58,549 | €44,724 | -€13,825 | -23.6% |
| Other tangible fixed assets | 26 | €4,994 | €25,884 | +€20,890 | +418.3% |
| Financial fixed assets | 28 | €125 | - | -€125 | |
| Current assets | 29/58 | €742,152 | €736,217 | -€5,936 | -0.8% |
| Amounts receivable after more than one year | 29 | - | €125,000 | +€125,000 | |
| Other amounts receivable | 291 | - | €125,000 | +€125,000 | |
| Stocks and contracts in progress | 3 | €138,866 | €139,452 | +€586 | +0.4% |
| Stocks | 30/36 | €138,866 | €139,452 | +€586 | +0.4% |
| Amounts receivable within one year | 40/41 | €4,412 | €39,266 | +€34,854 | +790.0% |
| Trade receivables | 40 | €857 | €33,850 | +€32,993 | +3852.0% |
| Other amounts receivable | 41 | €3,555 | €5,417 | +€1,861 | +52.3% |
| Current investments | 50/53 | €265,071 | €265,071 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €333,804 | €149,428 | -€184,376 | -55.2% |
| Deferred charges and accrued income | 490/1 | - | €18,000 | +€18,000 | |
| Total equity and liabilities | 10/49 | €1,008,374 | €986,131 | -€22,243 | -2.2% |
| Equity | 10/15 | €866,858 | €842,561 | -€24,297 | -2.8% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €417,968 | €836,356 | +€418,388 | +100.1% |
| Non-distributable reserves | 130/1 | €11,860 | €11,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,860 | €11,860 | = | 0.0% |
| Distributable reserves | 133 | €406,108 | €824,496 | +€418,388 | +103.0% |
| Profit (loss) carried forward | 14 | €442,684 | - | -€442,684 | |
| Amounts payable | 17/49 | €141,516 | €143,570 | +€2,054 | +1.5% |
| Amounts payable after more than one year | 17 | €77,547 | €56,396 | -€21,150 | -27.3% |
| Financial debts | 170/4 | €77,547 | €56,396 | -€21,150 | -27.3% |
| Amounts payable within one year | 42/48 | €51,818 | €62,875 | +€11,057 | +21.3% |
| Current portion of amounts payable after more than one year | 42 | €20,814 | €21,150 | +€336 | +1.6% |
| Trade debts | 44 | €12,005 | €27,875 | +€15,870 | +132.2% |
| Suppliers | 440/4 | €12,005 | €27,875 | +€15,870 | +132.2% |
| Advances received on contracts in progress | 46 | - | €3,370 | +€3,370 | |
| Taxes, remuneration and social security | 45 | €18,720 | €10,195 | -€8,524 | -45.5% |
| Taxes | 450/3 | €178 | - | -€178 | |
| Remuneration and social security | 454/9 | €18,542 | €10,195 | -€8,347 | -45.0% |
| Other amounts payable | 47/48 | €279 | €284 | +€5 | +1.9% |
| Accrued charges and deferred income | 492/3 | €12,152 | €24,299 | +€12,148 | +100.0% |
| Remuneration, social security and pensions | 62 | €198,069 | €155,902 | -€42,168 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,168 | €42,504 | -€664 | -1.5% |
| Other operating charges | 640/8 | €4,814 | €4,984 | +€170 | +3.5% |
| Gross operating margin | 9900 | €237,464 | €215,811 | -€21,652 | -9.1% |
| Operating profit (loss) | 9901 | -€8,587 | €12,422 | +€21,010 | |
| Financial income | 75/76B | €9,636 | €2,473 | -€7,163 | -74.3% |
| Recurring financial income | 75 | €9,636 | €2,473 | -€7,163 | -74.3% |
| Financial charges | 65/66B | €2,291 | €2,735 | +€444 | +19.4% |
| Recurring financial charges | 65 | €2,291 | €2,735 | +€444 | +19.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,243 | €12,160 | +€13,403 | |
| Income taxes | 67/77 | €2,458 | €6,207 | +€3,749 | +152.5% |
| Profit (loss) for the period | 9904 | -€3,701 | €5,952 | +€9,653 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,701 | €5,952 | +€9,653 |
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.