DAMDEL: 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.
DAMDEL
Largest movements
- Receivables within one year +€32,164
up €32,164 (+69.6%), from €46,205 to €78,369
of which Other amounts receivable: +€57,906
- Cash -€30,247
down €30,247 (-32.4%), from €93,306 to €63,059
mainly Receivables within one year (-€32,164) and Debts after one year (-€27,342)
- Tangible fixed assets -€14,840
down €14,840 (-2.8%), from €531,594 to €516,754
of which Land and buildings: -€14,080
- Profit (loss) carried forward +€29,891
up €29,891 (+18.2%), from €164,417 to €194,308
- Debts after one year -€27,342
down €27,342 (-6.6%), from €416,627 to €389,285
of which Financial debts: -€27,342
- Other debts -€12,164
down €12,164 (-58.8%), from €20,691 to €8,528
- Gross operating margin -€25,171
down €25,171 (-20.1%), from €125,190 to €100,019
- Taxes -€4,658
down €4,658 (-33.9%), from €13,752 to €9,094
- Financial charges -€3,306
down €3,306 (-7.3%), from €45,458 to €42,152
- Other operating charges +€1,740
up €1,740 (+338.8%), from €514 to €2,253
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 | €672,916 | €658,182 | -€14,734 | -2.2% |
| Fixed assets | 21/28 | €531,594 | €516,754 | -€14,840 | -2.8% |
| Tangible fixed assets | 22/27 | €531,594 | €516,754 | -€14,840 | -2.8% |
| Land and buildings | 22 | €527,818 | €513,738 | -€14,080 | -2.7% |
| Plant, machinery and equipment | 23 | €2,304 | €1,963 | -€342 | -14.8% |
| Furniture and vehicles | 24 | €1,472 | €1,053 | -€419 | -28.4% |
| Current assets | 29/58 | €141,322 | €141,428 | +€106 | +0.1% |
| Amounts receivable within one year | 40/41 | €46,205 | €78,369 | +€32,164 | +69.6% |
| Trade receivables | 40 | €46,205 | €20,463 | -€25,743 | -55.7% |
| Other amounts receivable | 41 | - | €57,906 | +€57,906 | |
| Cash at bank and in hand | 54/58 | €93,306 | €63,059 | -€30,247 | -32.4% |
| Deferred charges and accrued income | 490/1 | €1,811 | - | -€1,811 | |
| Total equity and liabilities | 10/49 | €672,916 | €658,182 | -€14,734 | -2.2% |
| Equity | 10/15 | €170,617 | €200,508 | +€29,891 | +17.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,417 | €194,308 | +€29,891 | +18.2% |
| Provisions and deferred taxes | 16 | €27,224 | €28,181 | +€956 | +3.5% |
| Provisions for liabilities and charges | 160/5 | €27,224 | €28,181 | +€956 | +3.5% |
| Other liabilities and charges | 164/5 | €27,224 | €28,181 | +€956 | +3.5% |
| Amounts payable | 17/49 | €475,075 | €429,493 | -€45,582 | -9.6% |
| Amounts payable after more than one year | 17 | €416,627 | €389,285 | -€27,342 | -6.6% |
| Financial debts | 170/4 | €408,627 | €381,285 | -€27,342 | -6.7% |
| Other amounts payable | 178/9 | €8,000 | €8,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €55,073 | €39,231 | -€15,842 | -28.8% |
| Current portion of amounts payable after more than one year | 42 | €26,393 | €26,184 | -€209 | -0.8% |
| Trade debts | 44 | €998 | - | -€998 | |
| Suppliers | 440/4 | €998 | - | -€998 | |
| Taxes, remuneration and social security | 45 | €6,991 | €4,519 | -€2,471 | -35.4% |
| Taxes | 450/3 | €6,991 | €4,519 | -€2,471 | -35.4% |
| Other amounts payable | 47/48 | €20,691 | €8,528 | -€12,164 | -58.8% |
| Accrued charges and deferred income | 492/3 | €3,375 | €977 | -€2,398 | -71.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,840 | €14,840 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €224 | €956 | +€732 | +326.6% |
| Other operating charges | 640/8 | €514 | €2,253 | +€1,740 | +338.8% |
| Gross operating margin | 9900 | €125,190 | €100,019 | -€25,171 | -20.1% |
| Operating profit (loss) | 9901 | €109,612 | €81,970 | -€27,642 | -25.2% |
| Financial charges | 65/66B | €45,458 | €42,152 | -€3,306 | -7.3% |
| Recurring financial charges | 65 | €45,458 | €42,152 | -€3,306 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €64,154 | €39,818 | -€24,336 | -37.9% |
| Income taxes | 67/77 | €13,752 | €9,094 | -€4,658 | -33.9% |
| Profit (loss) for the period | 9904 | €50,403 | €30,724 | -€19,678 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,403 | €30,724 | -€19,678 | -39.0% |
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.