DAMACHRISTINE: 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.
DAMACHRISTINE
Largest movements
- Receivables within one year +€1.2m
up €1.2m (+2,048%), from €57,337 to €1.2m
of which Other amounts receivable: +€1.2m
- Current investments -€635,000
down €635,000 (-47.0%), from €1.4m to €715,000
- Tangible fixed assets -€163,325
down €163,325 (-7.4%), from €2.2m to €2.0m
of which Land and buildings: -€223,039
- Other debts +€240,113
up €240,113 (+17.9%), from €1.3m to €1.6m
- Accrued charges and deferred income +€178,235
new in 2025: €178,235
- Reserves +€126,240
up €126,240 (+7.4%), from €1.7m to €1.8m
of which Distributable reserves: +€126,240
- Debts after one year -€119,917
down €119,917 (-27.4%), from €438,251 to €318,334
- Financial charges +€134,586
up €134,586 (+162%), from €83,213 to €217,799
- Gross operating margin -€76,932
down €76,932 (-8.8%), from €873,309 to €796,377
- Taxes -€74,551
down €74,551 (-59.2%), from €125,917 to €51,366
- Staff costs -€38,132
down €38,132 (-13.5%), from €281,758 to €243,626
- Other operating charges +€34,357
new in 2025: €34,357
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 | €3,781,539 | €4,200,867 | +€419,328 | +11.1% |
| Fixed assets | 21/28 | €2,305,775 | €2,142,450 | -€163,325 | -7.1% |
| Tangible fixed assets | 22/27 | €2,205,756 | €2,042,431 | -€163,325 | -7.4% |
| Land and buildings | 22 | €2,020,567 | €1,797,528 | -€223,039 | -11.0% |
| Plant, machinery and equipment | 23 | €41,045 | €26,206 | -€14,839 | -36.2% |
| Furniture and vehicles | 24 | €144,144 | €104,772 | -€39,372 | -27.3% |
| Other tangible fixed assets | 26 | - | €113,925 | +€113,925 | |
| Financial fixed assets | 28 | €100,019 | €100,019 | -€0 | 0.0% |
| Current assets | 29/58 | €1,475,764 | €2,058,417 | +€582,653 | +39.5% |
| Stocks and contracts in progress | 3 | €7,890 | €7,576 | -€314 | -4.0% |
| Stocks | 30/36 | €7,890 | €7,576 | -€314 | -4.0% |
| Amounts receivable within one year | 40/41 | €57,337 | €1,231,641 | +€1.2m | +2,048% |
| Trade receivables | 40 | €13,984 | €9,203 | -€4,781 | -34.2% |
| Other amounts receivable | 41 | €43,353 | €1,222,439 | +€1.2m | +2,720% |
| Current investments | 50/53 | €1,350,000 | €715,000 | -€635,000 | -47.0% |
| Cash at bank and in hand | 54/58 | €55,886 | €92,098 | +€36,212 | +64.8% |
| Deferred charges and accrued income | 490/1 | €4,651 | €12,102 | +€7,451 | +160% |
| Total equity and liabilities | 10/49 | €3,781,539 | €4,200,867 | +€419,328 | +11.1% |
| Equity | 10/15 | €1,773,819 | €1,900,059 | +€126,240 | +7.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,711,819 | €1,838,059 | +€126,240 | +7.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,705,619 | €1,831,859 | +€126,240 | +7.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €2,007,720 | €2,300,808 | +€293,088 | +14.6% |
| Amounts payable after more than one year | 17 | €438,251 | €318,334 | -€119,917 | -27.4% |
| Financial debts | 170/4 | €438,251 | €318,334 | -€119,917 | -27.4% |
| Amounts payable within one year | 42/48 | €1,569,469 | €1,804,239 | +€234,770 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €124,332 | €119,917 | -€4,415 | -3.6% |
| Trade debts | 44 | €42,974 | €32,531 | -€10,443 | -24.3% |
| Suppliers | 440/4 | €42,974 | €32,531 | -€10,443 | -24.3% |
| Taxes, remuneration and social security | 45 | €59,276 | €68,791 | +€9,515 | +16.1% |
| Taxes | 450/3 | €30,098 | €39,215 | +€9,117 | +30.3% |
| Remuneration and social security | 454/9 | €29,178 | €29,576 | +€398 | +1.4% |
| Other amounts payable | 47/48 | €1,342,887 | €1,583,000 | +€240,113 | +17.9% |
| Accrued charges and deferred income | 492/3 | - | €178,235 | +€178,235 | |
| Remuneration, social security and pensions | 62 | €281,758 | €243,626 | -€38,132 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161,989 | €177,376 | +€15,387 | +9.5% |
| Other operating charges | 640/8 | - | €34,357 | +€34,357 | |
| Gross operating margin | 9900 | €873,309 | €796,377 | -€76,932 | -8.8% |
| Operating profit (loss) | 9901 | €429,562 | €341,019 | -€88,543 | -20.6% |
| Financial income | 75/76B | €49,338 | €54,386 | +€5,048 | +10.2% |
| Recurring financial income | 75 | €49,338 | €54,386 | +€5,048 | +10.2% |
| Financial charges | 65/66B | €83,213 | €217,799 | +€134,586 | +162% |
| Recurring financial charges | 65 | €83,213 | €217,799 | +€134,586 | +162% |
| Profit (loss) for the period before taxes | 9903 | €395,687 | €177,606 | -€218,081 | -55.1% |
| Income taxes | 67/77 | €125,917 | €51,366 | -€74,551 | -59.2% |
| Profit (loss) for the period | 9904 | €269,770 | €126,240 | -€143,530 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €269,770 | €126,240 | -€143,530 | -53.2% |
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 26 October 2026 via checked.be.