Damah: 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.
Damah
Largest movements
- Tangible fixed assets -€131,569
down €131,569 (-6.3%), from €2.1m to €2.0m
of which Land and buildings: -€107,253
- Receivables within one year +€80,926
up €80,926 (+186.7%), from €43,343 to €124,269
of which Trade receivables: +€86,746
- Cash +€50,147
up €50,147 (+26.1%), from €192,464 to €242,610
mainly Depreciation (+€173,785) and Net result for the year (+€108,074)
- Debts after one year -€124,662
down €124,662 (-6.4%), from €1.9m to €1.8m
of which Financial debts: -€124,662
- Reserves +€108,074
up €108,074 (+18.1%), from €595,875 to €703,949
of which Tax-exempt reserves: +€63,150
- Depreciation +€12,977
up €12,977 (+8.1%), from €160,808 to €173,785
- Other operating charges +€7,494
up €7,494 (+272.8%), from €2,747 to €10,241
- Taxes +€6,680
up €6,680 (+23.5%), from €28,453 to €35,133
- Gross operating margin -€6,016
down €6,016 (-1.6%), from €380,318 to €374,302
- Financial income +€5,283
up €5,283 (+1097.9%), from €481 to €5,764
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 | €2,771,679 | €2,790,584 | +€18,905 | +0.7% |
| Fixed assets | 21/28 | €2,382,481 | €2,250,912 | -€131,569 | -5.5% |
| Tangible fixed assets | 22/27 | €2,097,805 | €1,966,236 | -€131,569 | -6.3% |
| Land and buildings | 22 | €1,869,860 | €1,762,607 | -€107,253 | -5.7% |
| Plant, machinery and equipment | 23 | €86,703 | €100,158 | +€13,455 | +15.5% |
| Furniture and vehicles | 24 | €121,096 | €92,925 | -€28,171 | -23.3% |
| Leasing and similar rights | 25 | €20,147 | €10,547 | -€9,600 | -47.7% |
| Financial fixed assets | 28 | €284,676 | €284,676 | = | 0.0% |
| Current assets | 29/58 | €389,198 | €539,672 | +€150,473 | +38.7% |
| Amounts receivable within one year | 40/41 | €43,343 | €124,269 | +€80,926 | +186.7% |
| Trade receivables | 40 | €20,876 | €107,622 | +€86,746 | +415.5% |
| Other amounts receivable | 41 | €22,467 | €16,646 | -€5,820 | -25.9% |
| Current investments | 50/53 | €150,000 | €150,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €192,464 | €242,610 | +€50,147 | +26.1% |
| Deferred charges and accrued income | 490/1 | €3,392 | €22,793 | +€19,401 | +571.9% |
| Total equity and liabilities | 10/49 | €2,771,679 | €2,790,584 | +€18,905 | +0.7% |
| Equity | 10/15 | €620,875 | €728,949 | +€108,074 | +17.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €595,875 | €703,949 | +€108,074 | +18.1% |
| Tax-exempt reserves | 132 | - | €63,150 | +€63,150 | |
| Distributable reserves | 133 | €595,875 | €640,799 | +€44,924 | +7.5% |
| Amounts payable | 17/49 | €2,150,804 | €2,061,635 | -€89,170 | -4.1% |
| Amounts payable after more than one year | 17 | €1,941,296 | €1,816,633 | -€124,662 | -6.4% |
| Financial debts | 170/4 | €1,938,416 | €1,813,753 | -€124,662 | -6.4% |
| Other amounts payable | 178/9 | €2,880 | €2,880 | = | 0.0% |
| Amounts payable within one year | 42/48 | €208,474 | €237,959 | +€29,485 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €155,477 | €167,763 | +€12,286 | +7.9% |
| Trade debts | 44 | €6,470 | €2,220 | -€4,251 | -65.7% |
| Suppliers | 440/4 | €6,470 | €2,220 | -€4,251 | -65.7% |
| Taxes, remuneration and social security | 45 | €46,526 | €52,976 | +€6,450 | +13.9% |
| Taxes | 450/3 | €42,026 | €48,476 | +€6,450 | +15.3% |
| Remuneration and social security | 454/9 | €4,500 | €4,500 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | €15,000 | +€15,000 | |
| Accrued charges and deferred income | 492/3 | €1,035 | €7,043 | +€6,008 | +580.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160,808 | €173,785 | +€12,977 | +8.1% |
| Other operating charges | 640/8 | €2,747 | €10,241 | +€7,494 | +272.8% |
| Gross operating margin | 9900 | €380,318 | €374,302 | -€6,016 | -1.6% |
| Operating profit (loss) | 9901 | €216,763 | €190,276 | -€26,487 | -12.2% |
| Financial income | 75/76B | €481 | €5,764 | +€5,283 | +1097.9% |
| Recurring financial income | 75 | €481 | €5,764 | +€5,283 | +1097.9% |
| Financial charges | 65/66B | €54,699 | €52,833 | -€1,866 | -3.4% |
| Recurring financial charges | 65 | €54,699 | €52,833 | -€1,866 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €162,545 | €143,207 | -€19,338 | -11.9% |
| Income taxes | 67/77 | €28,453 | €35,133 | +€6,680 | +23.5% |
| Profit (loss) for the period | 9904 | €134,092 | €108,074 | -€26,018 | -19.4% |
| Transfer to tax-exempt reserves | 689 | - | €63,150 | +€63,150 | |
| Profit (loss) for the period to be appropriated | 9905 | €134,092 | €44,924 | -€89,168 | -66.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.