DAMAVANDE: 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.
DAMAVANDE
Largest movements
- Tangible fixed assets +€12,075
up €12,075 (+68.2%), from €17,699 to €29,774
- Other debts +€11,739
up €11,739 (+46.7%), from €25,137 to €36,877
- Profit (loss) carried forward +€662
up €662 (+9.8%), from -€6,776 to -€6,114
- Turnover +€36,626
new in 2024: €36,626
- Purchases and services +€30,944
new in 2024: €30,944
- Staff costs -€14,876
no longer reported in 2024 (was €14,876)
- Gross operating margin -€10,632
down €10,632 (-65.2%), from €16,313 to €5,681
- Depreciation +€4,425
new in 2024: €4,425
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,725 | €32,126 | +€12,401 | +62.9% |
| Fixed assets | 21/28 | €17,994 | €30,189 | +€12,195 | +67.8% |
| Tangible fixed assets | 22/27 | €17,699 | €29,774 | +€12,075 | +68.2% |
| Furniture and vehicles | 24 | €17,699 | €29,774 | +€12,075 | +68.2% |
| Financial fixed assets | 28 | €295 | €415 | +€120 | +40.7% |
| Current assets | 29/58 | €1,730 | €1,937 | +€206 | +11.9% |
| Amounts receivable within one year | 40/41 | €1,730 | €1,909 | +€179 | +10.4% |
| Other amounts receivable | 41 | €1,730 | €1,909 | +€179 | +10.4% |
| Cash at bank and in hand | 54/58 | €0 | €27 | +€27 | +6,908% |
| Total equity and liabilities | 10/49 | €19,725 | €32,126 | +€12,401 | +62.9% |
| Equity | 10/15 | -€5,413 | -€4,750 | +€662 | +12.2% |
| Contributions | 10/11 | €1,239 | €1,239 | = | 0.0% |
| Reserves | 13 | €124 | €124 | = | 0.0% |
| Non-distributable reserves | 130/1 | €124 | €124 | = | 0.0% |
| Reserves not available under the articles | 1311 | €124 | €124 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,776 | -€6,114 | +€662 | +9.8% |
| Amounts payable | 17/49 | €25,137 | €36,877 | +€11,739 | +46.7% |
| Amounts payable within one year | 42/48 | €25,137 | €36,877 | +€11,739 | +46.7% |
| Other amounts payable | 47/48 | €25,137 | €36,877 | +€11,739 | +46.7% |
| Turnover | 70 | - | €36,626 | +€36,626 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €30,944 | +€30,944 | |
| Remuneration, social security and pensions | 62 | €14,876 | - | -€14,876 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,425 | +€4,425 | |
| Other operating charges | 640/8 | €890 | €437 | -€453 | -50.9% |
| Gross operating margin | 9900 | €16,313 | €5,681 | -€10,632 | -65.2% |
| Operating profit (loss) | 9901 | €547 | €819 | +€272 | +49.8% |
| Financial charges | 65/66B | €130 | €157 | +€27 | +20.6% |
| Recurring financial charges | 65 | €130 | €157 | +€27 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | €417 | €662 | +€245 | +58.9% |
| Profit (loss) for the period | 9904 | €417 | €662 | +€245 | +58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €417 | €662 | +€245 | +58.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.