DAMFRA: 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.
DAMFRA
Largest movements
- Cash -€42,431
down €42,431 (-27.4%), from €155,035 to €112,604
mainly Contributions, distributions and other (-€65,882) and Debts after one year (-€19,256)
- Tangible fixed assets -€11,114
down €11,114 (-3.3%), from €339,636 to €328,522
of which Land and buildings: -€12,000
- Intangible fixed assets -€8,000
down €8,000 (-19.7%), from €40,590 to €32,590
- Debts after one year -€19,256
down €19,256 (-6.3%), from €306,438 to €287,181
- Tax, wage and social debts -€15,055
down €15,055 (-29.4%), from €51,203 to €36,148
of which Taxes: -€16,316
- Profit (loss) carried forward -€14,138
down €14,138 (-25.4%), from €55,563 to €41,424
- Current portion of long-term debt -€9,956
down €9,956 (-34.1%), from €29,213 to €19,256
- Trade debts -€7,322
down €7,322 (-79.0%), from €9,265 to €1,944
- Gross operating margin -€38,090
down €38,090 (-16.4%), from €232,632 to €194,542
- Taxes -€11,939
down €11,939 (-38.8%), from €30,782 to €18,843
- Staff costs +€6,332
up €6,332 (+8.5%), from €74,710 to €81,042
- Financial charges -€4,008
down €4,008 (-23.9%), from €16,756 to €12,747
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 | €547,634 | €482,086 | -€65,548 | -12.0% |
| Fixed assets | 21/28 | €380,488 | €361,374 | -€19,114 | -5.0% |
| Intangible fixed assets | 21 | €40,590 | €32,590 | -€8,000 | -19.7% |
| Tangible fixed assets | 22/27 | €339,636 | €328,522 | -€11,114 | -3.3% |
| Land and buildings | 22 | €330,579 | €318,579 | -€12,000 | -3.6% |
| Plant, machinery and equipment | 23 | €2,180 | €1,719 | -€461 | -21.1% |
| Furniture and vehicles | 24 | €6,877 | €8,224 | +€1,347 | +19.6% |
| Financial fixed assets | 28 | €262 | €262 | = | 0.0% |
| Current assets | 29/58 | €167,146 | €120,712 | -€46,434 | -27.8% |
| Stocks and contracts in progress | 3 | €8,800 | €5,750 | -€3,050 | -34.7% |
| Stocks | 30/36 | €8,800 | €5,750 | -€3,050 | -34.7% |
| Amounts receivable within one year | 40/41 | €3,311 | €2,359 | -€953 | -28.8% |
| Trade receivables | 40 | €1,052 | €174 | -€878 | -83.5% |
| Other amounts receivable | 41 | €2,259 | €2,185 | -€75 | -3.3% |
| Cash at bank and in hand | 54/58 | €155,035 | €112,604 | -€42,431 | -27.4% |
| Total equity and liabilities | 10/49 | €547,634 | €482,086 | -€65,548 | -12.0% |
| Equity | 10/15 | €85,563 | €71,424 | -€14,138 | -16.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,563 | €41,424 | -€14,138 | -25.4% |
| Amounts payable | 17/49 | €462,071 | €410,662 | -€51,410 | -11.1% |
| Amounts payable after more than one year | 17 | €306,438 | €287,181 | -€19,256 | -6.3% |
| Financial debts | 170/4 | €306,438 | €287,181 | -€19,256 | -6.3% |
| Amounts payable within one year | 42/48 | €155,634 | €123,480 | -€32,153 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | €29,213 | €19,256 | -€9,956 | -34.1% |
| Trade debts | 44 | €9,265 | €1,944 | -€7,322 | -79.0% |
| Suppliers | 440/4 | €9,265 | €1,944 | -€7,322 | -79.0% |
| Advances received on contracts in progress | 46 | - | €180 | +€180 | |
| Taxes, remuneration and social security | 45 | €51,203 | €36,148 | -€15,055 | -29.4% |
| Taxes | 450/3 | €46,540 | €30,224 | -€16,316 | -35.1% |
| Remuneration and social security | 454/9 | €4,663 | €5,924 | +€1,261 | +27.0% |
| Other amounts payable | 47/48 | €65,952 | €65,952 | +€0 | 0.0% |
| Remuneration, social security and pensions | 62 | €74,710 | €81,042 | +€6,332 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,402 | €25,298 | -€103 | -0.4% |
| Other operating charges | 640/8 | €3,936 | €3,644 | -€292 | -7.4% |
| Non-recurring operating charges | 66A | €150 | €1,327 | +€1,177 | +784.4% |
| Gross operating margin | 9900 | €232,632 | €194,542 | -€38,090 | -16.4% |
| Operating profit (loss) | 9901 | €128,434 | €83,231 | -€45,203 | -35.2% |
| Financial income | 75/76B | €667 | €104 | -€564 | -84.5% |
| Recurring financial income | 75 | €667 | €104 | -€564 | -84.5% |
| Financial charges | 65/66B | €16,756 | €12,747 | -€4,008 | -23.9% |
| Recurring financial charges | 65 | €16,756 | €12,747 | -€4,008 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €112,346 | €70,587 | -€41,758 | -37.2% |
| Income taxes | 67/77 | €30,782 | €18,843 | -€11,939 | -38.8% |
| Profit (loss) for the period | 9904 | €81,563 | €51,744 | -€29,819 | -36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €81,563 | €51,744 | -€29,819 | -36.6% |
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 5 October 2026 via checked.be.