DAMIANI: 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.
DAMIANI
Largest movements
- Tangible fixed assets -€25,755
down €25,755 (-27.9%), from €92,274 to €66,519
of which Plant, machinery and equipment: -€17,293
- Cash +€6,850
up €6,850 (+41.4%), from €16,566 to €23,416
mainly Other debts (+€58,844) and Depreciation (+€24,212)
- Receivables within one year -€4,088
down €4,088 (-75.3%), from €5,429 to €1,341
of which Trade receivables: -€4,533
- Other debts +€58,844
up €58,844 (+72.7%), from €80,985 to €139,829
- Debts after one year -€45,919
down €45,919 (-8.8%), from €524,302 to €478,382
- Trade debts -€32,555
down €32,555 (-56.4%), from €57,700 to €25,145
- Profit (loss) carried forward -€19,489
down €19,489 (-2.6%), from -€749,027 to -€768,516
- Tax, wage and social debts +€9,808
up €9,808 (+38.7%), from €25,352 to €35,160
of which Remuneration and social security: +€7,452
- Gross operating margin -€7,622
down €7,622 (-10.2%), from €75,024 to €67,403
- Depreciation +€5,669
up €5,669 (+30.6%), from €18,543 to €24,212
- Other operating charges -€3,533
down €3,533 (-48.6%), from €7,272 to €3,740
- Staff costs +€1,842
up €1,842 (+4.2%), from €43,809 to €45,651
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 | €123,635 | €99,673 | -€23,961 | -19.4% |
| Fixed assets | 21/28 | €92,574 | €66,820 | -€25,755 | -27.8% |
| Tangible fixed assets | 22/27 | €92,274 | €66,519 | -€25,755 | -27.9% |
| Plant, machinery and equipment | 23 | €67,000 | €49,707 | -€17,293 | -25.8% |
| Furniture and vehicles | 24 | €4,730 | €1,658 | -€3,072 | -65.0% |
| Other tangible fixed assets | 26 | €20,544 | €15,155 | -€5,389 | -26.2% |
| Financial fixed assets | 28 | €301 | €301 | = | 0.0% |
| Current assets | 29/58 | €31,061 | €32,854 | +€1,793 | +5.8% |
| Stocks and contracts in progress | 3 | €6,973 | €6,820 | -€153 | -2.2% |
| Stocks | 30/36 | €6,973 | €6,820 | -€153 | -2.2% |
| Amounts receivable within one year | 40/41 | €5,429 | €1,341 | -€4,088 | -75.3% |
| Trade receivables | 40 | €5,309 | €776 | -€4,533 | -85.4% |
| Other amounts receivable | 41 | €121 | €565 | +€445 | +368.0% |
| Cash at bank and in hand | 54/58 | €16,566 | €23,416 | +€6,850 | +41.4% |
| Deferred charges and accrued income | 490/1 | €2,092 | €1,277 | -€816 | -39.0% |
| Total equity and liabilities | 10/49 | €123,635 | €99,673 | -€23,961 | -19.4% |
| Equity | 10/15 | -€612,656 | -€632,145 | -€19,489 | -3.2% |
| Contributions | 10/11 | €130,174 | €130,174 | = | 0.0% |
| Capital | 10 | €130,174 | €130,174 | = | 0.0% |
| Issued capital | 100 | €130,174 | €130,174 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€749,027 | -€768,516 | -€19,489 | -2.6% |
| Amounts payable | 17/49 | €736,291 | €731,819 | -€4,472 | -0.6% |
| Amounts payable after more than one year | 17 | €524,302 | €478,382 | -€45,919 | -8.8% |
| Financial debts | 170/4 | €524,302 | €478,382 | -€45,919 | -8.8% |
| Amounts payable within one year | 42/48 | €211,964 | €253,393 | +€41,429 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €47,926 | €52,982 | +€5,056 | +10.5% |
| Trade debts | 44 | €57,700 | €25,145 | -€32,555 | -56.4% |
| Suppliers | 440/4 | €57,700 | €25,145 | -€32,555 | -56.4% |
| Advances received on contracts in progress | 46 | - | €276 | +€276 | |
| Taxes, remuneration and social security | 45 | €25,352 | €35,160 | +€9,808 | +38.7% |
| Taxes | 450/3 | €1,488 | €3,845 | +€2,356 | +158.3% |
| Remuneration and social security | 454/9 | €23,864 | €31,315 | +€7,452 | +31.2% |
| Other amounts payable | 47/48 | €80,985 | €139,829 | +€58,844 | +72.7% |
| Accrued charges and deferred income | 492/3 | €25 | €44 | +€19 | +73.8% |
| Remuneration, social security and pensions | 62 | €43,809 | €45,651 | +€1,842 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,543 | €24,212 | +€5,669 | +30.6% |
| Other operating charges | 640/8 | €7,272 | €3,740 | -€3,533 | -48.6% |
| Gross operating margin | 9900 | €75,024 | €67,403 | -€7,622 | -10.2% |
| Operating profit (loss) | 9901 | €5,400 | -€6,200 | -€11,600 | |
| Financial income | 75/76B | €37 | €141 | +€105 | +285.8% |
| Recurring financial income | 75 | €37 | €141 | +€105 | +285.8% |
| Financial charges | 65/66B | €13,580 | €13,111 | -€469 | -3.5% |
| Recurring financial charges | 65 | €13,580 | €13,111 | -€469 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,143 | -€19,170 | -€11,026 | -135.4% |
| Income taxes | 67/77 | €547 | €319 | -€228 | -41.6% |
| Profit (loss) for the period | 9904 | -€8,690 | -€19,489 | -€10,799 | -124.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,690 | -€19,489 | -€10,799 | -124.3% |
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 4 October 2026 via checked.be.