DAMAG: 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.
DAMAG
Largest movements
- Receivables within one year -€22,955
down €22,955 (-69.1%), from €33,242 to €10,287
of which Trade receivables: -€22,048
- Tangible fixed assets -€10,712
down €10,712 (-40.9%), from €26,201 to €15,489
of which Plant, machinery and equipment: -€8,007
- Cash -€6,786
down €6,786 (-78.5%), from €8,647 to €1,861
mainly Net result for the year (-€51,148) and Stocks and contracts (-€3,230)
- Stocks and contracts +€3,230
new in 2025: €3,230
- Profit (loss) carried forward -€51,148
down €51,148 (-37.4%), from -€136,698 to -€187,846
- Other debts +€12,096
up €12,096 (+20.4%), from €59,156 to €71,252
- Trade debts +€3,423
up €3,423 (+65.4%), from €5,231 to €8,654
- Gross operating margin -€33,433
down €33,433 (-3336.6%), from -€1,002 to -€34,435
- Depreciation -€6,533
down €6,533 (-34.9%), from €18,734 to €12,201
- Other operating charges +€3,356
up €3,356 (+583.7%), from €575 to €3,931
- Staff costs -€735
no longer reported in 2025 (was €735)
- Financial charges -€414
down €414 (-39.7%), from €1,044 to €630
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.
Cash bridge derived
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 | €68,368 | €31,821 | -€36,547 | -53.5% |
| Fixed assets | 21/28 | €26,351 | €15,639 | -€10,712 | -40.7% |
| Tangible fixed assets | 22/27 | €26,201 | €15,489 | -€10,712 | -40.9% |
| Plant, machinery and equipment | 23 | €22,256 | €14,249 | -€8,007 | -36.0% |
| Furniture and vehicles | 24 | €3,945 | €1,240 | -€2,705 | -68.6% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €42,017 | €16,182 | -€25,835 | -61.5% |
| Stocks and contracts in progress | 3 | - | €3,230 | +€3,230 | |
| Stocks | 30/36 | - | €3,230 | +€3,230 | |
| Amounts receivable within one year | 40/41 | €33,242 | €10,287 | -€22,955 | -69.1% |
| Trade receivables | 40 | €25,426 | €3,378 | -€22,048 | -86.7% |
| Other amounts receivable | 41 | €7,816 | €6,909 | -€907 | -11.6% |
| Cash at bank and in hand | 54/58 | €8,647 | €1,861 | -€6,786 | -78.5% |
| Deferred charges and accrued income | 490/1 | €128 | €804 | +€676 | +528.1% |
| Total equity and liabilities | 10/49 | €68,368 | €31,821 | -€36,547 | -53.5% |
| Equity | 10/15 | -€118,098 | -€169,246 | -€51,148 | -43.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€136,698 | -€187,846 | -€51,148 | -37.4% |
| Amounts payable | 17/49 | €186,466 | €201,067 | +€14,601 | +7.8% |
| Amounts payable after more than one year | 17 | €120,000 | €120,000 | = | 0.0% |
| Other amounts payable | 178/9 | €120,000 | €120,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €65,694 | €80,680 | +€14,986 | +22.8% |
| Trade debts | 44 | €5,231 | €8,654 | +€3,423 | +65.4% |
| Suppliers | 440/4 | €5,231 | €8,654 | +€3,423 | +65.4% |
| Taxes, remuneration and social security | 45 | €1,307 | €774 | -€533 | -40.8% |
| Taxes | 450/3 | €1,307 | €774 | -€533 | -40.8% |
| Other amounts payable | 47/48 | €59,156 | €71,252 | +€12,096 | +20.4% |
| Accrued charges and deferred income | 492/3 | €772 | €387 | -€385 | -49.9% |
| Remuneration, social security and pensions | 62 | €735 | - | -€735 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,734 | €12,201 | -€6,533 | -34.9% |
| Other operating charges | 640/8 | €575 | €3,931 | +€3,356 | +583.7% |
| Gross operating margin | 9900 | -€1,002 | -€34,435 | -€33,433 | -3336.6% |
| Operating profit (loss) | 9901 | -€21,046 | -€50,567 | -€29,521 | -140.3% |
| Financial income | 75/76B | €79 | €49 | -€30 | -38.0% |
| Recurring financial income | 75 | €79 | €49 | -€30 | -38.0% |
| Financial charges | 65/66B | €1,044 | €630 | -€414 | -39.7% |
| Recurring financial charges | 65 | €1,044 | €630 | -€414 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | -€22,011 | -€51,148 | -€29,137 | -132.4% |
| Profit (loss) for the period | 9904 | -€22,011 | -€51,148 | -€29,137 | -132.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,011 | -€51,148 | -€29,137 | -132.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.