DAMANO: 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.
DAMANO
Largest movements
- Cash +€117,888
up €117,888 (+284.2%), from €41,482 to €159,371
mainly Net result for the year (+€75,658) and Current investments (+€72,836)
- Current investments -€72,836
down €72,836 (-58.9%), from €123,705 to €50,869
- Receivables within one year -€26,148
down €26,148 (-34.2%), from €76,346 to €50,198
of which Other amounts receivable: -€25,179
- Tangible fixed assets +€20,450
up €20,450 (+36.9%), from €55,449 to €75,898
of which Furniture and vehicles: +€17,008
- Debts after one year +€21,806
new in 2025: €21,806
- Current portion of long-term debt +€12,618
new in 2025: €12,618
- Reserves +€8,150
up €8,150 (+4.0%), from €203,200 to €211,350
- Gross operating margin +€43,332
up €43,332 (+39.2%), from €110,492 to €153,824
- Financial income +€36,763
up €36,763 (+219.0%), from €16,788 to €53,550
- Taxes +€20,755
up €20,755 (+206.5%), from €10,049 to €30,804
- Depreciation +€4,877
up €4,877 (+21.9%), from €22,228 to €27,105
- Staff costs +€2,504
up €2,504 (+3.7%), from €68,483 to €70,987
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 | €302,548 | €341,507 | +€38,959 | +12.9% |
| Fixed assets | 21/28 | €55,699 | €76,148 | +€20,450 | +36.7% |
| Tangible fixed assets | 22/27 | €55,449 | €75,898 | +€20,450 | +36.9% |
| Furniture and vehicles | 24 | €50,237 | €67,246 | +€17,008 | +33.9% |
| Other tangible fixed assets | 26 | €5,211 | €8,653 | +€3,442 | +66.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €246,849 | €265,358 | +€18,509 | +7.5% |
| Amounts receivable within one year | 40/41 | €76,346 | €50,198 | -€26,148 | -34.2% |
| Trade receivables | 40 | €46,954 | €45,985 | -€969 | -2.1% |
| Other amounts receivable | 41 | €29,392 | €4,213 | -€25,179 | -85.7% |
| Current investments | 50/53 | €123,705 | €50,869 | -€72,836 | -58.9% |
| Cash at bank and in hand | 54/58 | €41,482 | €159,371 | +€117,888 | +284.2% |
| Deferred charges and accrued income | 490/1 | €5,316 | €4,921 | -€395 | -7.4% |
| Total equity and liabilities | 10/49 | €302,548 | €341,507 | +€38,959 | +12.9% |
| Equity | 10/15 | €251,806 | €259,964 | +€8,158 | +3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €203,200 | €211,350 | +€8,150 | +4.0% |
| Distributable reserves | 133 | €203,200 | €211,350 | +€8,150 | +4.0% |
| Profit (loss) carried forward | 14 | €30,006 | €30,014 | +€8 | 0.0% |
| Amounts payable | 17/49 | €50,742 | €81,543 | +€30,801 | +60.7% |
| Amounts payable after more than one year | 17 | - | €21,806 | +€21,806 | |
| Financial debts | 170/4 | - | €21,806 | +€21,806 | |
| Amounts payable within one year | 42/48 | €45,674 | €55,966 | +€10,292 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | - | €12,618 | +€12,618 | |
| Financial debts | 43 | €199 | €419 | +€220 | +110.3% |
| Credit institutions | 430/8 | €199 | €419 | +€220 | +110.3% |
| Trade debts | 44 | €17,618 | €16,618 | -€1,000 | -5.7% |
| Suppliers | 440/4 | €17,618 | €16,618 | -€1,000 | -5.7% |
| Taxes, remuneration and social security | 45 | €24,274 | €21,838 | -€2,436 | -10.0% |
| Taxes | 450/3 | €11,526 | €8,366 | -€3,160 | -27.4% |
| Remuneration and social security | 454/9 | €12,748 | €13,472 | +€724 | +5.7% |
| Other amounts payable | 47/48 | €3,583 | €4,474 | +€891 | +24.9% |
| Accrued charges and deferred income | 492/3 | €5,068 | €3,771 | -€1,297 | -25.6% |
| Non-recurring operating income | 76A | - | €3,000 | +€3,000 | |
| Remuneration, social security and pensions | 62 | €68,483 | €70,987 | +€2,504 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,228 | €27,105 | +€4,877 | +21.9% |
| Other operating charges | 640/8 | €1,817 | €1,856 | +€40 | +2.2% |
| Gross operating margin | 9900 | €110,492 | €153,824 | +€43,332 | +39.2% |
| Operating profit (loss) | 9901 | €17,964 | €53,876 | +€35,911 | +199.9% |
| Financial income | 75/76B | €16,788 | €53,550 | +€36,763 | +219.0% |
| Recurring financial income | 75 | €16,788 | €53,550 | +€36,763 | +219.0% |
| Financial charges | 65/66B | €478 | €964 | +€486 | +101.8% |
| Recurring financial charges | 65 | €478 | €964 | +€486 | +101.8% |
| Profit (loss) for the period before taxes | 9903 | €34,274 | €106,462 | +€72,188 | +210.6% |
| Income taxes | 67/77 | €10,049 | €30,804 | +€20,755 | +206.5% |
| Profit (loss) for the period | 9904 | €24,225 | €75,658 | +€51,433 | +212.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,225 | €75,658 | +€51,433 | +212.3% |
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 11 October 2026 via checked.be.