DAMEN: what changed
What changed
DAMEN
NACE 66.191, Agents and brokers in banking services
filed annual accounts (NBB)
Net result for the year
€86,080
2024 · €121,907-€35,827
Equity
€771,351
2024 · €959,108-€187,756
Cash
€554,837
2024 · €416,739+€138,098
Balance sheet total
€1.1m
2024 · €1.0m+€85,703
Largest movements
Assets
- Cash +€138,098
up €138,098 (+33.1%), from €416,739 to €554,837
mainly Other debts (+€273,571) and Net result for the year (+€86,080)
- Tangible fixed assets -€47,957
down €47,957 (-77.9%), from €61,559 to €13,603
of which Other tangible fixed assets: -€34,302
Equity and liabilities
- Other debts +€273,571
up €273,571 (+5,949%), from €4,598 to €278,170
- Reserves -€187,756
down €187,756 (-20.0%), from €940,108 to €752,351
Income statement
- Staff costs +€24,550
up €24,550 (+8.8%), from €279,180 to €303,730
- Gross operating margin -€19,449
down €19,449 (-3.8%), from €505,953 to €486,504
- Taxes -€15,015
down €15,015 (-27.3%), from €54,922 to €39,907
- Financial charges +€5,622
up €5,622, from -€5,410 to €212
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.
Result 2024
€121,907
Gross operating margin
-€19,449
Staff costs
-€24,550
Depreciation
+€1,941
Other operating charges
-€4,372
Financial income
+€1,209
Financial charges
-€5,622
Taxes
+€15,015
Result 2025
€86,080
raises the resultlowers the result
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.
From operations
+€420,229
Investment
-€3,699
Financing
-€278,432
Cash 2024
€416,739
From operations (derived)
+€420,229
Net result for the year
+€86,080
Depreciation
+€61,856
Receivables after one year
+€8,946
Receivables within one year
-€6,015
Deferred charges and accrued income
-€8,692
Trade debts
+€828
Tax, wage and social debts
+€3,655
Other debts
+€273,571
Investment (derived)
-€3,699
Investment in fixed assets (net)
-€3,699
Financing
-€278,432
Current portion of long-term debt
-€4,596
Contributions, distributions and other
-€273,836
Cash 2025
€554,837
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,023,621 | €1,109,324 | +€85,703 | +8.4% |
| Fixed assets | 21/28 | €92,409 | €34,253 | -€58,157 | -62.9% |
| Intangible fixed assets | 21 | €30,600 | €20,400 | -€10,200 | -33.3% |
| Tangible fixed assets | 22/27 | €61,559 | €13,603 | -€47,957 | -77.9% |
| Plant, machinery and equipment | 23 | €752 | €911 | +€160 | +21.2% |
| Furniture and vehicles | 24 | €21,277 | €7,463 | -€13,814 | -64.9% |
| Other tangible fixed assets | 26 | €39,530 | €5,228 | -€34,302 | -86.8% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €931,212 | €1,075,071 | +€143,860 | +15.4% |
| Amounts receivable after more than one year | 29 | €299,530 | €290,585 | -€8,946 | -3.0% |
| Other amounts receivable | 291 | €299,530 | €290,585 | -€8,946 | -3.0% |
| Amounts receivable within one year | 40/41 | €9,580 | €15,595 | +€6,015 | +62.8% |
| Other amounts receivable | 41 | €9,580 | €15,595 | +€6,015 | +62.8% |
| Current investments | 50/53 | €144,279 | €144,279 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €416,739 | €554,837 | +€138,098 | +33.1% |
| Deferred charges and accrued income | 490/1 | €61,083 | €69,775 | +€8,692 | +14.2% |
| Total equity and liabilities | 10/49 | €1,023,621 | €1,109,324 | +€85,703 | +8.4% |
| Equity | 10/15 | €959,108 | €771,351 | -€187,756 | -19.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €940,108 | €752,351 | -€187,756 | -20.0% |
| Distributable reserves | 133 | €940,108 | €752,351 | -€187,756 | -20.0% |
| Amounts payable | 17/49 | €64,513 | €337,972 | +€273,459 | +424% |
| Amounts payable within one year | 42/48 | €64,513 | €337,972 | +€273,459 | +424% |
| Current portion of amounts payable after more than one year | 42 | €4,596 | - | -€4,596 | |
| Trade debts | 44 | €6,776 | €7,604 | +€828 | +12.2% |
| Suppliers | 440/4 | €6,776 | €7,604 | +€828 | +12.2% |
| Taxes, remuneration and social security | 45 | €48,544 | €52,199 | +€3,655 | +7.5% |
| Taxes | 450/3 | €10,634 | €10,826 | +€192 | +1.8% |
| Remuneration and social security | 454/9 | €37,909 | €41,373 | +€3,463 | +9.1% |
| Other amounts payable | 47/48 | €4,598 | €278,170 | +€273,571 | +5,949% |
| Remuneration, social security and pensions | 62 | €279,180 | €303,730 | +€24,550 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,796 | €61,856 | -€1,941 | -3.0% |
| Other operating charges | 640/8 | €2,606 | €6,978 | +€4,372 | +168% |
| Non-recurring operating charges | 66A | €20 | €20 | = | 0.0% |
| Gross operating margin | 9900 | €505,953 | €486,504 | -€19,449 | -3.8% |
| Operating profit (loss) | 9901 | €160,351 | €113,921 | -€46,430 | -29.0% |
| Financial income | 75/76B | €11,068 | €12,278 | +€1,209 | +10.9% |
| Recurring financial income | 75 | €11,068 | €12,278 | +€1,209 | +10.9% |
| Financial charges | 65/66B | -€5,410 | €212 | +€5,622 | |
| Recurring financial charges | 65 | -€5,410 | €212 | +€5,622 | |
| Profit (loss) for the period before taxes | 9903 | €176,829 | €125,987 | -€50,842 | -28.8% |
| Income taxes | 67/77 | €54,922 | €39,907 | -€15,015 | -27.3% |
| Profit (loss) for the period | 9904 | €121,907 | €86,080 | -€35,827 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €121,907 | €86,080 | -€35,827 | -29.4% |
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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 5 November 2026 via checked.be.