DAMAC: 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.
DAMAC
Largest movements
- Tangible fixed assets +€787,750
new in 2025: €787,750
of which Land and buildings: +€691,086
- Financial fixed assets +€506,197
new in 2025: €506,197
- Receivables within one year +€367,144
new in 2025: €367,144
of which Other amounts receivable: +€301,796
- Stocks and contracts +€29,455
new in 2025: €29,455
- Trade debts +€1.5m
new in 2025: €1.5m
- Tax, wage and social debts +€305,321
new in 2025: €305,321
of which Remuneration and social security: +€298,691
- Other debts -€139,520
no longer reported in 2025 (was €139,520)
- Advances received +€24,982
new in 2025: €24,982
- Gross operating margin +€2.3m
up €2.3m, from -€644 to €2.3m
- Staff costs +€2.2m
new in 2025: €2.2m
- Depreciation +€88,424
new in 2025: €88,424
- Financial charges +€32,491
new in 2025: €32,491
From the 2023 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.
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | - | €1,702,509 | +€1.7m | |
| Fixed assets | 21/28 | - | €1,293,947 | +€1.3m | |
| Tangible fixed assets | 22/27 | - | €787,750 | +€787,750 | |
| Land and buildings | 22 | - | €691,086 | +€691,086 | |
| Plant, machinery and equipment | 23 | - | €842 | +€842 | |
| Furniture and vehicles | 24 | - | €95,822 | +€95,822 | |
| Financial fixed assets | 28 | - | €506,197 | +€506,197 | |
| Current assets | 29/58 | - | €408,562 | +€408,562 | |
| Stocks and contracts in progress | 3 | - | €29,455 | +€29,455 | |
| Stocks | 30/36 | - | €29,455 | +€29,455 | |
| Amounts receivable within one year | 40/41 | - | €367,144 | +€367,144 | |
| Trade receivables | 40 | - | €65,348 | +€65,348 | |
| Other amounts receivable | 41 | - | €301,796 | +€301,796 | |
| Cash at bank and in hand | 54/58 | - | €7,414 | +€7,414 | |
| Deferred charges and accrued income | 490/1 | - | €4,549 | +€4,549 | |
| Total equity and liabilities | 10/49 | - | €1,702,509 | +€1.7m | |
| Equity | 10/15 | -€139,520 | -€122,626 | +€16,894 | +12.1% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €45,747 | €45,747 | = | 0.0% |
| Distributable reserves | 133 | €45,747 | €45,747 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€216,254 | -€199,360 | +€16,894 | +7.8% |
| Amounts payable | 17/49 | €139,520 | €1,825,135 | +€1.7m | +1208.1% |
| Amounts payable within one year | 42/48 | €139,520 | €1,825,135 | +€1.7m | +1208.1% |
| Trade debts | 44 | - | €1,494,832 | +€1.5m | |
| Suppliers | 440/4 | - | €1,494,832 | +€1.5m | |
| Advances received on contracts in progress | 46 | - | €24,982 | +€24,982 | |
| Taxes, remuneration and social security | 45 | - | €305,321 | +€305,321 | |
| Taxes | 450/3 | - | €6,630 | +€6,630 | |
| Remuneration and social security | 454/9 | - | €298,691 | +€298,691 | |
| Other amounts payable | 47/48 | €139,520 | - | -€139,520 | |
| Remuneration, social security and pensions | 62 | - | €2,193,488 | +€2.2m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €88,424 | +€88,424 | |
| Other operating charges | 640/8 | €50 | €13,286 | +€13,236 | +26471.9% |
| Gross operating margin | 9900 | -€644 | €2,333,696 | +€2.3m | |
| Operating profit (loss) | 9901 | -€694 | €38,498 | +€39,192 | |
| Financial income | 75/76B | - | €17,517 | +€17,517 | |
| Recurring financial income | 75 | - | €17,517 | +€17,517 | |
| Financial charges | 65/66B | - | €32,491 | +€32,491 | |
| Recurring financial charges | 65 | - | €32,491 | +€32,491 | |
| Profit (loss) for the period before taxes | 9903 | -€694 | €23,524 | +€24,218 | |
| Income taxes | 67/77 | - | €6,630 | +€6,630 | |
| Profit (loss) for the period | 9904 | -€694 | €16,894 | +€17,588 | |
| Profit (loss) for the period to be appropriated | 9905 | -€694 | €16,894 | +€17,588 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.