DAMEN EIGEN DAK: 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.
What changed
DAMEN EIGEN DAK
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€52,219
2024 · €81,490-€133,709
Equity
€992,103
2024 · €1.0m-€52,219
Cash
€3,210
2024 · €9,365-€6,155
Balance sheet total
€2.3m
2024 · €2.1m+€196,033
Largest movements
Assets
- Tangible fixed assets +€208,264
up €208,264 (+9.9%), from €2.1m to €2.3m
Equity and liabilities
- Debts after one year +€186,970
up €186,970 (+61.6%), from €303,489 to €490,459
- Other debts +€52,959
up €52,959 (+7.4%), from €715,868 to €768,827
- Reserves -€52,219
down €52,219 (-13.3%), from €393,274 to €341,055
of which Distributable reserves: -€46,595
Income statement
- Gross operating margin -€158,870
down €158,870 (-75.0%), from €211,860 to €52,990
- Other operating charges -€13,416
down €13,416 (-26.5%), from €50,590 to €37,174
- Financial charges -€10,237
down €10,237 (-24.7%), from €41,497 to €31,259
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.
Result 2024
€81,490
Gross operating margin
-€158,870
Staff costs
+€1,399
Other operating charges
+€13,416
Other operating items
+€109
Financial charges
+€10,237
Result 2025
-€52,219
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.
From operations
+€54,875
Investment
-€248,000
Financing
+€186,970
Cash 2024
€9,365
From operations (derived)
+€54,875
Net result for the year
-€52,219
Depreciation
+€39,736
Receivables within one year
+€3,232
Deferred charges and accrued income
+€2,844
Provisions
-€2,896
Trade debts
+€9,832
Tax, wage and social debts
-€3,300
Other debts
+€52,959
Accrued charges and deferred income
+€4,686
Investment (derived)
-€248,000
Investment in fixed assets (net)
-€248,000
Financing
+€186,970
Debts after one year
+€186,970
Cash 2025
€3,210
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,127,419 | €2,323,452 | +€196,033 | +9.2% |
| Fixed assets | 21/28 | €2,105,633 | €2,313,897 | +€208,264 | +9.9% |
| Tangible fixed assets | 22/27 | €2,105,633 | €2,313,897 | +€208,264 | +9.9% |
| Land and buildings | 22 | €2,105,633 | €2,313,897 | +€208,264 | +9.9% |
| Current assets | 29/58 | €21,785 | €9,554 | -€12,231 | -56.1% |
| Amounts receivable within one year | 40/41 | €3,232 | €0 | -€3,232 | -100.0% |
| Other amounts receivable | 41 | €3,232 | €0 | -€3,232 | -100.0% |
| Cash at bank and in hand | 54/58 | €9,365 | €3,210 | -€6,155 | -65.7% |
| Deferred charges and accrued income | 490/1 | €9,188 | €6,344 | -€2,844 | -31.0% |
| Total equity and liabilities | 10/49 | €2,127,419 | €2,323,452 | +€196,033 | +9.2% |
| Equity | 10/15 | €1,044,322 | €992,103 | -€52,219 | -5.0% |
| Contributions | 10/11 | €177,797 | €177,797 | = | 0.0% |
| Capital | 10 | €177,797 | €177,797 | = | 0.0% |
| Issued capital | 100 | €177,797 | €177,797 | = | 0.0% |
| Revaluation surpluses | 12 | €473,250 | €473,250 | = | 0.0% |
| Reserves | 13 | €393,274 | €341,055 | -€52,219 | -13.3% |
| Non-distributable reserves | 130/1 | €10,922 | €10,922 | = | 0.0% |
| Legal reserve | 130 | €10,922 | €10,922 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,957 | €21,333 | -€5,624 | -20.9% |
| Distributable reserves | 133 | €355,395 | €308,801 | -€46,595 | -13.1% |
| Provisions and deferred taxes | 16 | €13,880 | €10,984 | -€2,896 | -20.9% |
| Deferred taxes | 168 | €13,880 | €10,984 | -€2,896 | -20.9% |
| Amounts payable | 17/49 | €1,069,217 | €1,320,364 | +€251,147 | +23.5% |
| Amounts payable after more than one year | 17 | €303,489 | €490,459 | +€186,970 | +61.6% |
| Financial debts | 170/4 | €303,489 | €490,459 | +€186,970 | +61.6% |
| Amounts payable within one year | 42/48 | €763,830 | €823,321 | +€59,491 | +7.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €18,422 | €28,254 | +€9,832 | +53.4% |
| Suppliers | 440/4 | €18,422 | €28,254 | +€9,832 | +53.4% |
| Advances received on contracts in progress | 46 | €26,240 | €26,240 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,300 | €0 | -€3,300 | -100.0% |
| Taxes | 450/3 | €3,300 | €0 | -€3,300 | -100.0% |
| Other amounts payable | 47/48 | €715,868 | €768,827 | +€52,959 | +7.4% |
| Accrued charges and deferred income | 492/3 | €1,898 | €6,584 | +€4,686 | +246.9% |
| Non-recurring operating income | 76A | €150,491 | €0 | -€150,491 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,335 | -€64 | -€1,399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,736 | €39,736 | = | 0.0% |
| Other operating charges | 640/8 | €50,590 | €37,174 | -€13,416 | -26.5% |
| Non-recurring operating charges | 66A | €109 | €0 | -€109 | -100.0% |
| Gross operating margin | 9900 | €211,860 | €52,990 | -€158,870 | -75.0% |
| Operating profit (loss) | 9901 | €120,091 | -€23,855 | -€143,946 | |
| Financial charges | 65/66B | €41,497 | €31,259 | -€10,237 | -24.7% |
| Recurring financial charges | 65 | €41,497 | €31,259 | -€10,237 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €78,595 | -€55,115 | -€133,709 | |
| Transfer from deferred taxes | 780 | €2,896 | €2,896 | = | 0.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €81,490 | -€52,219 | -€133,709 | |
| Transfer from tax-exempt reserves | 789 | €5,624 | €5,624 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €87,114 | -€46,595 | -€133,709 |
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 3 October 2026 via checked.be.