DAMIANI: what changed
Two financial 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
- Cash +€19,913
up €19,913 (+32.8%), from €60,742 to €80,655
mainly Net result for the year (+€23,683) and Other debts (+€7,380)
- Receivables within one year +€4,948
up €4,948 (+95.5%), from €5,181 to €10,129
of which Other amounts receivable: +€3,692
- Tangible fixed assets +€1,608
up €1,608 (+18.1%), from €8,872 to €10,479
of which Furniture and vehicles: +€4,977
- Deferred charges and accrued income +€1,433
up €1,433 (+54.6%), from €2,624 to €4,057
- Reserves +€23,683
up €23,683 (+48.4%), from €48,953 to €72,635
of which Distributable reserves: +€23,683
- Other debts +€7,380
new in 2025: €7,380
- Trade debts -€6,104
down €6,104 (-80.2%), from €7,611 to €1,507
- Accrued charges and deferred income +€1,759
up €1,759 (+2205.1%), from €80 to €1,839
- Tax, wage and social debts +€1,304
up €1,304 (+7.0%), from €18,544 to €19,848
of which Taxes: +€3,190
- Gross operating margin +€17,837
up €17,837 (+23.7%), from €75,248 to €93,086
- Staff costs -€10,592
down €10,592 (-15.9%), from €66,733 to €56,141
- Taxes +€3,591
up €3,591 (+4173.3%), from €86 to €3,677
- Depreciation +€983
up €983 (+29.2%), from €3,369 to €4,352
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 | €93,779 | €121,802 | +€28,023 | +29.9% |
| Fixed assets | 21/28 | €8,872 | €10,479 | +€1,608 | +18.1% |
| Tangible fixed assets | 22/27 | €8,872 | €10,479 | +€1,608 | +18.1% |
| Plant, machinery and equipment | 23 | €2,959 | €1,280 | -€1,679 | -56.7% |
| Furniture and vehicles | 24 | - | €4,977 | +€4,977 | |
| Other tangible fixed assets | 26 | €5,912 | €4,222 | -€1,690 | -28.6% |
| Current assets | 29/58 | €84,908 | €111,323 | +€26,415 | +31.1% |
| Amounts receivable after more than one year | 29 | €8,840 | €8,840 | = | 0.0% |
| Other amounts receivable | 291 | €8,840 | €8,840 | = | 0.0% |
| Stocks and contracts in progress | 3 | €7,521 | €7,641 | +€120 | +1.6% |
| Stocks | 30/36 | €7,521 | €7,641 | +€120 | +1.6% |
| Amounts receivable within one year | 40/41 | €5,181 | €10,129 | +€4,948 | +95.5% |
| Trade receivables | 40 | €149 | €1,406 | +€1,257 | +844.9% |
| Other amounts receivable | 41 | €5,032 | €8,723 | +€3,692 | +73.4% |
| Cash at bank and in hand | 54/58 | €60,742 | €80,655 | +€19,913 | +32.8% |
| Deferred charges and accrued income | 490/1 | €2,624 | €4,057 | +€1,433 | +54.6% |
| Total equity and liabilities | 10/49 | €93,779 | €121,802 | +€28,023 | +29.9% |
| Equity | 10/15 | €67,545 | €91,228 | +€23,683 | +35.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €48,953 | €72,635 | +€23,683 | +48.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €47,094 | €70,776 | +€23,683 | +50.3% |
| Amounts payable | 17/49 | €26,234 | €30,575 | +€4,340 | +16.5% |
| Amounts payable within one year | 42/48 | €26,155 | €28,736 | +€2,581 | +9.9% |
| Trade debts | 44 | €7,611 | €1,507 | -€6,104 | -80.2% |
| Suppliers | 440/4 | €7,611 | €1,507 | -€6,104 | -80.2% |
| Taxes, remuneration and social security | 45 | €18,544 | €19,848 | +€1,304 | +7.0% |
| Taxes | 450/3 | €12,635 | €15,825 | +€3,190 | +25.2% |
| Remuneration and social security | 454/9 | €5,909 | €4,023 | -€1,886 | -31.9% |
| Other amounts payable | 47/48 | - | €7,380 | +€7,380 | |
| Accrued charges and deferred income | 492/3 | €80 | €1,839 | +€1,759 | +2205.1% |
| Remuneration, social security and pensions | 62 | €66,733 | €56,141 | -€10,592 | -15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,369 | €4,352 | +€983 | +29.2% |
| Other operating charges | 640/8 | €2,474 | €2,893 | +€419 | +17.0% |
| Gross operating margin | 9900 | €75,248 | €93,086 | +€17,837 | +23.7% |
| Operating profit (loss) | 9901 | €2,673 | €29,700 | +€27,027 | +1011.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,726 | €2,341 | +€614 | +35.6% |
| Recurring financial charges | 65 | €1,726 | €2,341 | +€614 | +35.6% |
| Profit (loss) for the period before taxes | 9903 | €946 | €27,359 | +€26,413 | +2790.8% |
| Income taxes | 67/77 | €86 | €3,677 | +€3,591 | +4173.3% |
| Profit (loss) for the period | 9904 | €860 | €23,683 | +€22,822 | +2652.5% |
| Profit (loss) for the period to be appropriated | 9905 | €860 | €23,683 | +€22,822 | +2652.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.