DAMAX CONCEPT: 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.
DAMAX CONCEPT
Largest movements
- Deferred charges and accrued income -€19,413
down €19,413 (-85.4%), from €22,737 to €3,324
- Receivables within one year +€11,229
up €11,229 (+7.8%), from €144,842 to €156,071
of which Trade receivables: +€7,079
- Cash +€8,957
up €8,957 (+44.3%), from €20,241 to €29,198
mainly Deferred charges and accrued income (+€19,413) and Accrued charges and deferred income (+€13,232)
- Tangible fixed assets -€7,784
down €7,784 (-32.9%), from €23,655 to €15,871
of which Other tangible fixed assets: -€4,635
- Accrued charges and deferred income +€13,232
up €13,232 (+111.7%), from €11,850 to €25,082
- Trade debts -€11,580
down €11,580 (-9.6%), from €120,944 to €109,363
- Debts after one year -€4,815
down €4,815 (-100.0%), from €4,815 to €0
- Tax, wage and social debts -€4,319
down €4,319 (-8.2%), from €52,567 to €48,249
of which Remuneration and social security: -€3,467
- Gross operating margin -€50,263
down €50,263 (-12.8%), from €391,402 to €341,139
- Staff costs -€41,938
down €41,938 (-11.4%), from €367,082 to €325,144
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 | €250,194 | €243,183 | -€7,010 | -2.8% |
| Fixed assets | 21/28 | €24,655 | €16,871 | -€7,784 | -31.6% |
| Tangible fixed assets | 22/27 | €23,655 | €15,871 | -€7,784 | -32.9% |
| Plant, machinery and equipment | 23 | €2,500 | €1,660 | -€840 | -33.6% |
| Furniture and vehicles | 24 | €4,629 | €2,319 | -€2,310 | -49.9% |
| Other tangible fixed assets | 26 | €16,526 | €11,891 | -€4,635 | -28.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €225,539 | €226,313 | +€774 | +0.3% |
| Stocks and contracts in progress | 3 | €37,720 | €37,720 | = | 0.0% |
| Stocks | 30/36 | €37,720 | €37,720 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €144,842 | €156,071 | +€11,229 | +7.8% |
| Trade receivables | 40 | €136,248 | €143,327 | +€7,079 | +5.2% |
| Other amounts receivable | 41 | €8,594 | €12,743 | +€4,150 | +48.3% |
| Cash at bank and in hand | 54/58 | €20,241 | €29,198 | +€8,957 | +44.3% |
| Deferred charges and accrued income | 490/1 | €22,737 | €3,324 | -€19,413 | -85.4% |
| Total equity and liabilities | 10/49 | €250,194 | €243,183 | -€7,010 | -2.8% |
| Equity | 10/15 | €44,557 | €45,975 | +€1,418 | +3.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €32,729 | €34,147 | +€1,418 | +4.3% |
| Distributable reserves | 133 | €32,729 | €34,147 | +€1,418 | +4.3% |
| Profit (loss) carried forward | 14 | €1,828 | €1,828 | = | 0.0% |
| Amounts payable | 17/49 | €205,637 | €197,209 | -€8,428 | -4.1% |
| Amounts payable after more than one year | 17 | €4,815 | €0 | -€4,815 | -100.0% |
| Financial debts | 170/4 | €4,815 | €0 | -€4,815 | -100.0% |
| Amounts payable within one year | 42/48 | €188,973 | €172,127 | -€16,846 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €14,447 | €13,501 | -€947 | -6.6% |
| Trade debts | 44 | €120,944 | €109,363 | -€11,580 | -9.6% |
| Suppliers | 440/4 | €120,944 | €109,363 | -€11,580 | -9.6% |
| Taxes, remuneration and social security | 45 | €52,567 | €48,249 | -€4,319 | -8.2% |
| Taxes | 450/3 | €2,962 | €2,110 | -€852 | -28.8% |
| Remuneration and social security | 454/9 | €49,606 | €46,139 | -€3,467 | -7.0% |
| Other amounts payable | 47/48 | €1,014 | €1,014 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €11,850 | €25,082 | +€13,232 | +111.7% |
| Remuneration, social security and pensions | 62 | €367,082 | €325,144 | -€41,938 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,731 | €7,784 | -€946 | -10.8% |
| Other operating charges | 640/8 | €2,790 | €2,737 | -€52 | -1.9% |
| Non-recurring operating charges | 66A | €7,000 | €2,500 | -€4,500 | -64.3% |
| Gross operating margin | 9900 | €391,402 | €341,139 | -€50,263 | -12.8% |
| Operating profit (loss) | 9901 | €5,800 | €2,974 | -€2,826 | -48.7% |
| Financial income | 75/76B | €0 | €18 | +€18 | +180300.0% |
| Recurring financial income | 75 | €0 | €18 | +€18 | +180300.0% |
| Financial charges | 65/66B | €2,936 | €1,242 | -€1,694 | -57.7% |
| Recurring financial charges | 65 | €2,936 | €1,242 | -€1,694 | -57.7% |
| Profit (loss) for the period before taxes | 9903 | €2,865 | €1,750 | -€1,115 | -38.9% |
| Income taxes | 67/77 | €415 | €332 | -€83 | -20.0% |
| Profit (loss) for the period | 9904 | €2,449 | €1,418 | -€1,032 | -42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,449 | €1,418 | -€1,032 | -42.1% |
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 10 October 2026 via checked.be.