DAMEN TECHNICS: 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.
DAMEN TECHNICS
Largest movements
- Receivables within one year +€67,178
up €67,178 (+52.0%), from €129,193 to €196,371
- Cash -€50,703
down €50,703 (-64.8%), from €78,259 to €27,557
mainly Receivables within one year (-€67,178) and Debts after one year (-€58,193)
- Tangible fixed assets -€30,307
down €30,307 (-8.0%), from €380,529 to €350,222
of which Land and buildings: -€16,619
- Stocks and contracts +€20,914
up €20,914 (+33.7%), from €62,000 to €82,914
- Profit (loss) carried forward +€85,952
up €85,952 (+50.0%), from €171,820 to €257,772
- Debts after one year -€58,193
down €58,193 (-23.3%), from €249,937 to €191,744
- Other debts -€27,268
down €27,268 (-33.6%), from €81,222 to €53,955
- Tax, wage and social debts +€21,834
up €21,834 (+97.4%), from €22,406 to €44,240
of which Taxes: +€21,884
- Trade debts -€13,166
down €13,166 (-28.7%), from €45,839 to €32,672
- Gross operating margin +€51,594
up €51,594 (+52.0%), from €99,160 to €150,754
- Taxes +€11,284
up €11,284 (+87.2%), from €12,933 to €24,217
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 | €652,737 | €658,576 | +€5,839 | +0.9% |
| Fixed assets | 21/28 | €380,729 | €350,422 | -€30,307 | -8.0% |
| Tangible fixed assets | 22/27 | €380,529 | €350,222 | -€30,307 | -8.0% |
| Land and buildings | 22 | €344,544 | €327,925 | -€16,619 | -4.8% |
| Plant, machinery and equipment | 23 | €7,380 | €3,529 | -€3,851 | -52.2% |
| Furniture and vehicles | 24 | €28,605 | €18,768 | -€9,837 | -34.4% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €272,009 | €308,154 | +€36,146 | +13.3% |
| Stocks and contracts in progress | 3 | €62,000 | €82,914 | +€20,914 | +33.7% |
| Stocks | 30/36 | €62,000 | €82,914 | +€20,914 | +33.7% |
| Amounts receivable within one year | 40/41 | €129,193 | €196,371 | +€67,178 | +52.0% |
| Trade receivables | 40 | €129,193 | €196,371 | +€67,178 | +52.0% |
| Cash at bank and in hand | 54/58 | €78,259 | €27,557 | -€50,703 | -64.8% |
| Deferred charges and accrued income | 490/1 | €2,556 | €1,312 | -€1,244 | -48.7% |
| Total equity and liabilities | 10/49 | €652,737 | €658,576 | +€5,839 | +0.9% |
| Equity | 10/15 | €231,820 | €317,772 | +€85,952 | +37.1% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €171,820 | €257,772 | +€85,952 | +50.0% |
| Amounts payable | 17/49 | €420,918 | €340,804 | -€80,114 | -19.0% |
| Amounts payable after more than one year | 17 | €249,937 | €191,744 | -€58,193 | -23.3% |
| Financial debts | 170/4 | €249,937 | €191,744 | -€58,193 | -23.3% |
| Amounts payable within one year | 42/48 | €170,981 | €149,060 | -€21,921 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €21,513 | €18,193 | -€3,321 | -15.4% |
| Trade debts | 44 | €45,839 | €32,672 | -€13,166 | -28.7% |
| Suppliers | 440/4 | €45,839 | €32,672 | -€13,166 | -28.7% |
| Taxes, remuneration and social security | 45 | €22,406 | €44,240 | +€21,834 | +97.4% |
| Taxes | 450/3 | €20,156 | €42,040 | +€21,884 | +108.6% |
| Remuneration and social security | 454/9 | €2,250 | €2,200 | -€50 | -2.2% |
| Other amounts payable | 47/48 | €81,222 | €53,955 | -€27,268 | -33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,077 | €32,538 | +€462 | +1.4% |
| Other operating charges | 640/8 | €2,582 | €2,966 | +€384 | +14.9% |
| Gross operating margin | 9900 | €99,160 | €150,754 | +€51,594 | +52.0% |
| Operating profit (loss) | 9901 | €64,502 | €115,250 | +€50,748 | +78.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €4,506 | €5,080 | +€574 | +12.7% |
| Recurring financial charges | 65 | €4,506 | €5,080 | +€574 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €59,996 | €110,170 | +€50,174 | +83.6% |
| Income taxes | 67/77 | €12,933 | €24,217 | +€11,284 | +87.2% |
| Profit (loss) for the period | 9904 | €47,063 | €85,952 | +€38,890 | +82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €47,063 | €85,952 | +€38,890 | +82.6% |
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.