DAMASKINOS: 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.
DAMASKINOS
Largest movements
- Receivables within one year +€11,664
up €11,664 (+75.2%), from €15,517 to €27,182
of which Trade receivables: +€11,018
- Tangible fixed assets -€9,811
down €9,811 (-53.4%), from €18,360 to €8,548
- Cash +€4,676
up €4,676 (+19.1%), from €24,426 to €29,102
mainly Depreciation (+€9,811) and Net result for the year (+€6,108)
- Debts after one year -€6,746
down €6,746 (-67.4%), from €10,005 to €3,258
- Reserves +€6,000
up €6,000 (+33.7%), from €17,800 to €23,800
- Trade debts +€4,788
up €4,788 (+946.5%), from €506 to €5,294
- Tax, wage and social debts +€2,274
up €2,274 (+206.2%), from €1,103 to €3,377
- Depreciation +€3,149
up €3,149 (+47.3%), from €6,662 to €9,811
- Gross operating margin +€2,789
up €2,789 (+15.6%), from €17,896 to €20,686
- Financial charges -€438
down €438 (-38.0%), from €1,152 to €714
- Other operating charges -€221
down €221 (-19.9%), from €1,111 to €890
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 | €58,303 | €64,832 | +€6,529 | +11.2% |
| Fixed assets | 21/28 | €18,360 | €8,548 | -€9,811 | -53.4% |
| Tangible fixed assets | 22/27 | €18,360 | €8,548 | -€9,811 | -53.4% |
| Furniture and vehicles | 24 | €18,360 | €8,548 | -€9,811 | -53.4% |
| Current assets | 29/58 | €39,943 | €56,283 | +€16,340 | +40.9% |
| Amounts receivable within one year | 40/41 | €15,517 | €27,182 | +€11,664 | +75.2% |
| Trade receivables | 40 | €15,026 | €26,044 | +€11,018 | +73.3% |
| Other amounts receivable | 41 | €491 | €1,137 | +€646 | +131.6% |
| Cash at bank and in hand | 54/58 | €24,426 | €29,102 | +€4,676 | +19.1% |
| Total equity and liabilities | 10/49 | €58,303 | €64,832 | +€6,529 | +11.2% |
| Equity | 10/15 | €39,866 | €45,974 | +€6,108 | +15.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €17,800 | €23,800 | +€6,000 | +33.7% |
| Distributable reserves | 133 | €17,800 | €23,800 | +€6,000 | +33.7% |
| Profit (loss) carried forward | 14 | €17,066 | €17,174 | +€108 | +0.6% |
| Amounts payable | 17/49 | €18,437 | €18,858 | +€420 | +2.3% |
| Amounts payable after more than one year | 17 | €10,005 | €3,258 | -€6,746 | -67.4% |
| Financial debts | 170/4 | €10,005 | €3,258 | -€6,746 | -67.4% |
| Amounts payable within one year | 42/48 | €8,433 | €15,599 | +€7,167 | +85.0% |
| Current portion of amounts payable after more than one year | 42 | €6,746 | €6,746 | = | 0.0% |
| Trade debts | 44 | €506 | €5,294 | +€4,788 | +946.5% |
| Suppliers | 440/4 | €506 | €5,294 | +€4,788 | +946.5% |
| Taxes, remuneration and social security | 45 | €1,103 | €3,377 | +€2,274 | +206.2% |
| Taxes | 450/3 | €1,103 | €3,377 | +€2,274 | +206.2% |
| Other amounts payable | 47/48 | €77 | €182 | +€104 | +134.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,662 | €9,811 | +€3,149 | +47.3% |
| Other operating charges | 640/8 | €1,111 | €890 | -€221 | -19.9% |
| Gross operating margin | 9900 | €17,896 | €20,686 | +€2,789 | +15.6% |
| Operating profit (loss) | 9901 | €10,124 | €9,985 | -€139 | -1.4% |
| Financial charges | 65/66B | €1,152 | €714 | -€438 | -38.0% |
| Recurring financial charges | 65 | €1,152 | €714 | -€438 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €8,972 | €9,271 | +€299 | +3.3% |
| Income taxes | 67/77 | €3,168 | €3,163 | -€6 | -0.2% |
| Profit (loss) for the period | 9904 | €5,804 | €6,108 | +€304 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,804 | €6,108 | +€304 | +5.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.