DAMASE: 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.
DAMASE
Largest movements
- Cash -€13,284
down €13,284 (-32.6%), from €40,760 to €27,476
mainly Debts after one year (-€39,815) and Contributions, distributions and other (-€30,181)
- Deferred charges and accrued income -€9,504
down €9,504 (-73.0%), from €13,024 to €3,520
- Receivables within one year +€6,752
up €6,752 (+21.6%), from €31,213 to €37,965
of which Trade receivables: +€8,413
- Debts after one year -€39,815
down €39,815 (-13.1%), from €303,367 to €263,552
- Reserves +€23,157
up €23,157 (+12.8%), from €180,214 to €203,371
- Tax, wage and social debts -€8,130
down €8,130 (-26.1%), from €31,124 to €22,994
of which Taxes: -€9,630
- Depreciation -€33,999
down €33,999 (-56.9%), from €59,729 to €25,730
- Taxes +€11,120
up €11,120 (+106.0%), from €10,495 to €21,615
- Gross operating margin +€5,160
up €5,160 (+4.7%), from €110,614 to €115,774
- Financial charges -€2,200
down €2,200 (-16.7%), from €13,195 to €10,995
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 | €567,256 | €546,744 | -€20,512 | -3.6% |
| Fixed assets | 21/28 | €482,259 | €477,783 | -€4,477 | -0.9% |
| Tangible fixed assets | 22/27 | €482,259 | €477,783 | -€4,477 | -0.9% |
| Land and buildings | 22 | €464,969 | €456,478 | -€8,492 | -1.8% |
| Plant, machinery and equipment | 23 | €10,272 | €7,953 | -€2,319 | -22.6% |
| Furniture and vehicles | 24 | €7,018 | €13,352 | +€6,334 | +90.3% |
| Current assets | 29/58 | €84,997 | €68,961 | -€16,036 | -18.9% |
| Amounts receivable within one year | 40/41 | €31,213 | €37,965 | +€6,752 | +21.6% |
| Trade receivables | 40 | €28,758 | €37,171 | +€8,413 | +29.3% |
| Other amounts receivable | 41 | €2,455 | €794 | -€1,661 | -67.7% |
| Cash at bank and in hand | 54/58 | €40,760 | €27,476 | -€13,284 | -32.6% |
| Deferred charges and accrued income | 490/1 | €13,024 | €3,520 | -€9,504 | -73.0% |
| Total equity and liabilities | 10/49 | €567,256 | €546,744 | -€20,512 | -3.6% |
| Equity | 10/15 | €180,214 | €203,371 | +€23,157 | +12.8% |
| Reserves | 13 | €180,214 | €203,371 | +€23,157 | +12.8% |
| Distributable reserves | 133 | €180,214 | €203,371 | +€23,157 | +12.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €387,042 | €343,373 | -€43,669 | -11.3% |
| Amounts payable after more than one year | 17 | €303,367 | €263,552 | -€39,815 | -13.1% |
| Financial debts | 170/4 | €303,367 | €263,552 | -€39,815 | -13.1% |
| Amounts payable within one year | 42/48 | €83,675 | €79,821 | -€3,854 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €38,740 | €43,157 | +€4,417 | +11.4% |
| Financial debts | 43 | €4 | €0 | -€4 | -100.0% |
| Credit institutions | 430/8 | €4 | €0 | -€4 | -100.0% |
| Trade debts | 44 | €6,912 | €5,611 | -€1,301 | -18.8% |
| Suppliers | 440/4 | €6,912 | €5,611 | -€1,301 | -18.8% |
| Taxes, remuneration and social security | 45 | €31,124 | €22,994 | -€8,130 | -26.1% |
| Taxes | 450/3 | €28,624 | €18,994 | -€9,630 | -33.6% |
| Remuneration and social security | 454/9 | €2,500 | €4,000 | +€1,500 | +60.0% |
| Other amounts payable | 47/48 | €6,894 | €8,059 | +€1,164 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,729 | €25,730 | -€33,999 | -56.9% |
| Other operating charges | 640/8 | €4,000 | €4,179 | +€179 | +4.5% |
| Gross operating margin | 9900 | €110,614 | €115,774 | +€5,160 | +4.7% |
| Operating profit (loss) | 9901 | €46,885 | €85,866 | +€38,980 | +83.1% |
| Financial income | 75/76B | €379 | €82 | -€297 | -78.3% |
| Recurring financial income | 75 | €379 | €82 | -€297 | -78.3% |
| Financial charges | 65/66B | €13,195 | €10,995 | -€2,200 | -16.7% |
| Recurring financial charges | 65 | €13,195 | €10,995 | -€2,200 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €34,070 | €74,953 | +€40,883 | +120.0% |
| Income taxes | 67/77 | €10,495 | €21,615 | +€11,120 | +106.0% |
| Profit (loss) for the period | 9904 | €23,574 | €53,338 | +€29,763 | +126.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,574 | €53,338 | +€29,763 | +126.3% |
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 30 September 2026 via checked.be.