DAMIEN G.: 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.
DAMIEN G.
Largest movements
- Receivables within one year -€42,389
down €42,389 (-11.8%), from €357,962 to €315,573
of which Other amounts receivable: -€32,305
- Cash +€15,976
up €15,976 (+52.5%), from €30,404 to €46,381
mainly Receivables within one year (+€42,389) and Net result for the year (+€29,762)
- Tangible fixed assets -€6,352
down €6,352 (-13.6%), from €46,630 to €40,278
of which Other tangible fixed assets: -€10,868
- Other debts -€65,000
down €65,000 (-48.0%), from €135,557 to €70,557
- Reserves +€29,762
up €29,762 (+10.6%), from €280,326 to €310,088
- Trade debts +€6,566
up €6,566 (+1474.5%), from €445 to €7,011
- Financial charges -€10,381
down €10,381 (-97.2%), from €10,683 to €302
of which Non-recurring financial charges: -€9,696
- Gross operating margin +€7,926
up €7,926 (+13.1%), from €60,652 to €68,578
- Depreciation +€5,530
up €5,530 (+33.7%), from €16,415 to €21,945
- Taxes +€4,319
up €4,319 (+39.9%), from €10,819 to €15,138
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 | €436,314 | €407,007 | -€29,307 | -6.7% |
| Fixed assets | 21/28 | €46,630 | €40,278 | -€6,352 | -13.6% |
| Tangible fixed assets | 22/27 | €46,630 | €40,278 | -€6,352 | -13.6% |
| Furniture and vehicles | 24 | €3,601 | €8,116 | +€4,515 | +125.4% |
| Other tangible fixed assets | 26 | €43,029 | €32,162 | -€10,868 | -25.3% |
| Current assets | 29/58 | €389,684 | €366,729 | -€22,955 | -5.9% |
| Amounts receivable within one year | 40/41 | €357,962 | €315,573 | -€42,389 | -11.8% |
| Trade receivables | 40 | €10,600 | €516 | -€10,084 | -95.1% |
| Other amounts receivable | 41 | €347,362 | €315,057 | -€32,305 | -9.3% |
| Cash at bank and in hand | 54/58 | €30,404 | €46,381 | +€15,976 | +52.5% |
| Deferred charges and accrued income | 490/1 | €1,317 | €4,776 | +€3,458 | +262.6% |
| Total equity and liabilities | 10/49 | €436,314 | €407,007 | -€29,307 | -6.7% |
| Equity | 10/15 | €294,586 | €324,348 | +€29,762 | +10.1% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €280,326 | €310,088 | +€29,762 | +10.6% |
| Distributable reserves | 133 | €280,326 | €310,088 | +€29,762 | +10.6% |
| Amounts payable | 17/49 | €141,728 | €82,659 | -€59,069 | -41.7% |
| Amounts payable within one year | 42/48 | €141,728 | €82,659 | -€59,069 | -41.7% |
| Trade debts | 44 | €445 | €7,011 | +€6,566 | +1474.5% |
| Suppliers | 440/4 | €445 | €7,011 | +€6,566 | +1474.5% |
| Taxes, remuneration and social security | 45 | €5,725 | €5,091 | -€634 | -11.1% |
| Taxes | 450/3 | €5,725 | €5,091 | -€634 | -11.1% |
| Other amounts payable | 47/48 | €135,557 | €70,557 | -€65,000 | -48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,415 | €21,945 | +€5,530 | +33.7% |
| Other operating charges | 640/8 | €1,230 | €967 | -€264 | -21.4% |
| Non-recurring operating charges | 66A | €353 | €465 | +€112 | +31.7% |
| Gross operating margin | 9900 | €60,652 | €68,578 | +€7,926 | +13.1% |
| Operating profit (loss) | 9901 | €42,653 | €45,201 | +€2,548 | +6.0% |
| Financial charges | 65/66B | €10,683 | €302 | -€10,381 | -97.2% |
| Recurring financial charges | 65 | €784 | €99 | -€686 | -87.4% |
| Non-recurring financial charges | 66B | €9,899 | €203 | -€9,696 | -97.9% |
| Profit (loss) for the period before taxes | 9903 | €31,970 | €44,899 | +€12,930 | +40.4% |
| Income taxes | 67/77 | €10,819 | €15,138 | +€4,319 | +39.9% |
| Profit (loss) for the period | 9904 | €21,150 | €29,762 | +€8,611 | +40.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,150 | €29,762 | +€8,611 | +40.7% |
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 8 October 2026 via checked.be.