DAMEN: what changed
DAMEN
Largest movements
- Cash +€32,381
up €32,381 (+21.3%), from €152,023 to €184,405
mainly Receivables within one year (+€18,112) and Net result for the year (+€17,597)
- Receivables within one year -€18,112
down €18,112 (-11.2%), from €161,430 to €143,318
of which Trade receivables: -€19,986
- Reserves +€17,597
up €17,597 (+7.7%), from €229,220 to €246,817
- Tax, wage and social debts -€4,523
down €4,523 (-85.6%), from €5,284 to €761
- Other operating charges +€8,943
up €8,943 (+1,413%), from €633 to €9,576
- Taxes -€5,738
down €5,738 (-40.2%), from €14,284 to €8,545
- Staff costs +€3,972
no longer reported in 2025 (was -€3,972)
- Gross operating margin -€3,220
down €3,220 (-7.6%), from €42,119 to €38,899
- Financial charges +€2,529
up €2,529 (+4,097%), from €62 to €2,591
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €315,446 | €329,467 | +€14,020 | +4.4% |
| Fixed assets | 21/28 | €249 | €1,409 | +€1,160 | +466% |
| Tangible fixed assets | 22/27 | €249 | €1,409 | +€1,160 | +466% |
| Plant, machinery and equipment | 23 | - | €1,409 | +€1,409 | |
| Furniture and vehicles | 24 | €249 | €0 | -€249 | -100% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Current assets | 29/58 | €315,197 | €328,058 | +€12,861 | +4.1% |
| Stocks and contracts in progress | 3 | €1,207 | - | -€1,207 | |
| Stocks | 30/36 | €1,207 | - | -€1,207 | |
| Amounts receivable within one year | 40/41 | €161,430 | €143,318 | -€18,112 | -11.2% |
| Trade receivables | 40 | €161,151 | €141,165 | -€19,986 | -12.4% |
| Other amounts receivable | 41 | €279 | €2,153 | +€1,874 | +672% |
| Cash at bank and in hand | 54/58 | €152,023 | €184,405 | +€32,381 | +21.3% |
| Deferred charges and accrued income | 490/1 | €537 | €336 | -€201 | -37.5% |
| Total equity and liabilities | 10/49 | €315,446 | €329,467 | +€14,020 | +4.4% |
| Equity | 10/15 | €247,820 | €265,417 | +€17,597 | +7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €229,220 | €246,817 | +€17,597 | +7.7% |
| Distributable reserves | 133 | €229,220 | €246,817 | +€17,597 | +7.7% |
| Amounts payable | 17/49 | €67,626 | €64,049 | -€3,577 | -5.3% |
| Amounts payable within one year | 42/48 | €67,626 | €64,049 | -€3,577 | -5.3% |
| Trade debts | 44 | €1,601 | €1,146 | -€454 | -28.4% |
| Suppliers | 440/4 | €1,601 | €1,146 | -€454 | -28.4% |
| Taxes, remuneration and social security | 45 | €5,284 | €761 | -€4,523 | -85.6% |
| Taxes | 450/3 | €5,284 | €761 | -€4,523 | -85.6% |
| Other amounts payable | 47/48 | €60,741 | €62,142 | +€1,401 | +2.3% |
| Remuneration, social security and pensions | 62 | -€3,972 | - | +€3,972 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €505 | €590 | +€85 | +16.9% |
| Other operating charges | 640/8 | €633 | €9,576 | +€8,943 | +1,413% |
| Gross operating margin | 9900 | €42,119 | €38,899 | -€3,220 | -7.6% |
| Operating profit (loss) | 9901 | €44,954 | €28,733 | -€16,220 | -36.1% |
| Financial charges | 65/66B | €62 | €2,591 | +€2,529 | +4,097% |
| Recurring financial charges | 65 | €62 | €2,591 | +€2,529 | +4,097% |
| Profit (loss) for the period before taxes | 9903 | €44,892 | €26,143 | -€18,749 | -41.8% |
| Income taxes | 67/77 | €14,284 | €8,545 | -€5,738 | -40.2% |
| Profit (loss) for the period | 9904 | €30,608 | €17,597 | -€13,011 | -42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,608 | €17,597 | -€13,011 | -42.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.