DAMARE: 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.
DAMARE
Largest movements
- Cash -€161,614
down €161,614 (-84.8%), from €190,552 to €28,938
mainly Trade debts (-€126,487) and Debts after one year (-€75,663)
- Tangible fixed assets -€91,421
down €91,421 (-2.7%), from €3.4m to €3.3m
of which Land and buildings: -€89,586
- Trade debts -€126,487
down €126,487 (-87.9%), from €143,868 to €17,381
- Debts after one year -€75,663
down €75,663 (-1.9%), from €4.0m to €3.9m
- Profit (loss) carried forward +€61,707
up €61,707 (+6.5%), from -€947,118 to -€885,411
- Reserves -€55,932
down €55,932 (-4.4%), from €1.3m to €1.2m
of which Tax-exempt reserves: -€55,932
- Gross operating margin -€271,737
down €271,737 (-60.8%), from €447,062 to €175,325
- Depreciation -€49,040
down €49,040 (-31.4%), from €156,330 to €107,290
- Financial income -€29,280
no longer reported in 2025 (was €29,280)
- Financial charges +€24,892
up €24,892 (+81.9%), from €30,378 to €55,270
- Other operating charges +€8,411
up €8,411 (+80.2%), from €10,489 to €18,900
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 | €4,954,877 | €4,729,452 | -€225,425 | -4.5% |
| Fixed assets | 21/28 | €4,741,330 | €4,649,910 | -€91,421 | -1.9% |
| Tangible fixed assets | 22/27 | €3,367,244 | €3,275,823 | -€91,421 | -2.7% |
| Land and buildings | 22 | €3,365,409 | €3,275,823 | -€89,586 | -2.7% |
| Furniture and vehicles | 24 | €1,835 | - | -€1,835 | |
| Financial fixed assets | 28 | €1,374,086 | €1,374,086 | = | 0.0% |
| Current assets | 29/58 | €213,547 | €79,543 | -€134,004 | -62.8% |
| Amounts receivable within one year | 40/41 | €19,527 | €49,453 | +€29,926 | +153% |
| Trade receivables | 40 | €10,900 | €34,000 | +€23,100 | +212% |
| Other amounts receivable | 41 | €8,627 | €15,453 | +€6,826 | +79.1% |
| Cash at bank and in hand | 54/58 | €190,552 | €28,938 | -€161,614 | -84.8% |
| Deferred charges and accrued income | 490/1 | €3,467 | €1,151 | -€2,316 | -66.8% |
| Total equity and liabilities | 10/49 | €4,954,877 | €4,729,452 | -€225,425 | -4.5% |
| Equity | 10/15 | €330,542 | €336,317 | +€5,775 | +1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,259,059 | €1,203,128 | -€55,932 | -4.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,257,199 | €1,201,268 | -€55,932 | -4.4% |
| Profit (loss) carried forward | 14 | -€947,118 | -€885,411 | +€61,707 | +6.5% |
| Provisions and deferred taxes | 16 | €419,037 | €400,393 | -€18,644 | -4.4% |
| Deferred taxes | 168 | €419,037 | €400,393 | -€18,644 | -4.4% |
| Amounts payable | 17/49 | €4,205,298 | €3,992,742 | -€212,556 | -5.1% |
| Amounts payable after more than one year | 17 | €3,952,708 | €3,877,044 | -€75,663 | -1.9% |
| Financial debts | 170/4 | €3,952,708 | €3,877,044 | -€75,663 | -1.9% |
| Amounts payable within one year | 42/48 | €252,591 | €115,698 | -€136,893 | -54.2% |
| Current portion of amounts payable after more than one year | 42 | €48,040 | €58,691 | +€10,651 | +22.2% |
| Trade debts | 44 | €143,868 | €17,381 | -€126,487 | -87.9% |
| Suppliers | 440/4 | €143,868 | €17,381 | -€126,487 | -87.9% |
| Taxes, remuneration and social security | 45 | €1,768 | €8,234 | +€6,466 | +366% |
| Taxes | 450/3 | €1,768 | €8,234 | +€6,466 | +366% |
| Other amounts payable | 47/48 | €58,915 | €31,392 | -€27,523 | -46.7% |
| Non-recurring operating income | 76A | €304,143 | - | -€304,143 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156,330 | €107,290 | -€49,040 | -31.4% |
| Other operating charges | 640/8 | €10,489 | €18,900 | +€8,411 | +80.2% |
| Gross operating margin | 9900 | €447,062 | €175,325 | -€271,737 | -60.8% |
| Operating profit (loss) | 9901 | €280,243 | €49,135 | -€231,109 | -82.5% |
| Financial income | 75/76B | €29,280 | - | -€29,280 | |
| Recurring financial income | 75 | €29,280 | - | -€29,280 | |
| Financial charges | 65/66B | €30,378 | €55,270 | +€24,892 | +81.9% |
| Recurring financial charges | 65 | €30,378 | €55,270 | +€24,892 | +81.9% |
| Profit (loss) for the period before taxes | 9903 | €279,146 | -€6,135 | -€285,280 | |
| Transfer from deferred taxes | 780 | - | €18,644 | +€18,644 | |
| Transfer to deferred taxes | 680 | €76,036 | - | -€76,036 | |
| Income taxes | 67/77 | €157 | €6,734 | +€6,577 | +4,190% |
| Profit (loss) for the period | 9904 | €202,953 | €5,775 | -€197,178 | -97.2% |
| Transfer from tax-exempt reserves | 789 | - | €55,932 | +€55,932 | |
| Transfer to tax-exempt reserves | 689 | €228,107 | - | -€228,107 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,154 | €61,707 | +€86,861 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.