DAMHER: 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.
DAMHER
Largest movements
- Cash +€10,563
up €10,563 (+39.4%), from €26,823 to €37,386
mainly Other debts (+€28,304) and Net result for the year (+€10,116)
- Tangible fixed assets -€2,863
down €2,863 (-2.8%), from €103,130 to €100,268
of which Land and buildings: -€2,939
- Other debts +€28,304
up €28,304 (+420.3%), from €6,734 to €35,037
- Reserves -€26,488
down €26,488 (-25.6%), from €103,520 to €77,032
of which Distributable reserves: -€24,488
- Profit (loss) carried forward +€6,604
up €6,604, from -€6,604 to €0
- Trade debts +€4,190
up €4,190 (+151.2%), from €2,771 to €6,960
- Tax, wage and social debts +€2,997
up €2,997 (+21.4%), from €14,014 to €17,011
of which Taxes: +€2,268
- Staff costs +€13,314
up €13,314 (+23.2%), from €57,327 to €70,642
- Gross operating margin +€5,445
up €5,445 (+6.1%), from €89,542 to €94,987
- Taxes -€2,601
down €2,601 (-37.1%), from €7,012 to €4,411
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 | €144,826 | €156,040 | +€11,214 | +7.7% |
| Fixed assets | 21/28 | €103,131 | €100,269 | -€2,863 | -2.8% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €103,130 | €100,268 | -€2,863 | -2.8% |
| Land and buildings | 22 | €101,973 | €99,034 | -€2,939 | -2.9% |
| Plant, machinery and equipment | 23 | - | €821 | +€821 | |
| Furniture and vehicles | 24 | €1,158 | €413 | -€745 | -64.4% |
| Current assets | 29/58 | €41,695 | €55,771 | +€14,077 | +33.8% |
| Stocks and contracts in progress | 3 | €13,803 | €14,528 | +€724 | +5.2% |
| Stocks | 30/36 | €13,803 | €14,528 | +€724 | +5.2% |
| Amounts receivable within one year | 40/41 | €0 | €1,559 | +€1,559 | |
| Trade receivables | 40 | €0 | €59 | +€59 | |
| Other amounts receivable | 41 | - | €1,500 | +€1,500 | |
| Cash at bank and in hand | 54/58 | €26,823 | €37,386 | +€10,563 | +39.4% |
| Deferred charges and accrued income | 490/1 | €1,068 | €2,299 | +€1,230 | +115.2% |
| Total equity and liabilities | 10/49 | €144,826 | €156,040 | +€11,214 | +7.7% |
| Equity | 10/15 | €116,915 | €97,032 | -€19,884 | -17.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €103,520 | €77,032 | -€26,488 | -25.6% |
| Non-distributable reserves | 130/1 | €2,000 | €0 | -€2,000 | -100.0% |
| Reserves not available under the articles | 1311 | €2,000 | €0 | -€2,000 | -100.0% |
| Distributable reserves | 133 | €101,520 | €77,032 | -€24,488 | -24.1% |
| Profit (loss) carried forward | 14 | -€6,604 | €0 | +€6,604 | |
| Amounts payable | 17/49 | €27,911 | €59,009 | +€31,097 | +111.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €27,894 | €59,009 | +€31,114 | +111.5% |
| Current portion of amounts payable after more than one year | 42 | €1,820 | €0 | -€1,820 | -100.0% |
| Financial debts | 43 | €2,556 | €0 | -€2,556 | -100.0% |
| Credit institutions | 430/8 | €2,556 | €0 | -€2,556 | -100.0% |
| Trade debts | 44 | €2,771 | €6,960 | +€4,190 | +151.2% |
| Suppliers | 440/4 | €2,771 | €6,960 | +€4,190 | +151.2% |
| Taxes, remuneration and social security | 45 | €14,014 | €17,011 | +€2,997 | +21.4% |
| Taxes | 450/3 | €10,917 | €13,186 | +€2,268 | +20.8% |
| Remuneration and social security | 454/9 | €3,097 | €3,825 | +€729 | +23.5% |
| Other amounts payable | 47/48 | €6,734 | €35,037 | +€28,304 | +420.3% |
| Accrued charges and deferred income | 492/3 | €17 | €0 | -€17 | -100.0% |
| Remuneration, social security and pensions | 62 | €57,327 | €70,642 | +€13,314 | +23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,716 | €6,941 | +€225 | +3.4% |
| Other operating charges | 640/8 | €1,572 | €1,591 | +€19 | +1.2% |
| Gross operating margin | 9900 | €89,542 | €94,987 | +€5,445 | +6.1% |
| Operating profit (loss) | 9901 | €23,927 | €15,814 | -€8,113 | -33.9% |
| Financial income | 75/76B | €31 | €348 | +€317 | +1029.2% |
| Recurring financial income | 75 | €31 | €348 | +€317 | +1029.2% |
| Financial charges | 65/66B | €1,866 | €1,635 | -€232 | -12.4% |
| Recurring financial charges | 65 | €1,866 | €1,635 | -€232 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €22,091 | €14,527 | -€7,564 | -34.2% |
| Income taxes | 67/77 | €7,012 | €4,411 | -€2,601 | -37.1% |
| Profit (loss) for the period | 9904 | €15,080 | €10,116 | -€4,963 | -32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,080 | €10,116 | -€4,963 | -32.9% |
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 2 October 2026 via checked.be.