DAMIER: 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.
What changed
DAMIER
NACE 55.100, Hotels and similar accommodation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3.1m
2024 · €20.4m-€17.3m
Equity
€194.7m
2024 · €197.7m-€3.0m
Cash
€1.3m
2024 · €8.2m-€6.8m
Balance sheet total
€209.0m
2024 · €204.0m+€5.0m
Largest movements
Assets
- Financial fixed assets +€10.2m
up €10.2m (+9.3%), from €109.7m to €119.9m
of which Affiliated companies: +€10.1m
- Cash -€6.8m
down €6.8m (-83.8%), from €8.2m to €1.3m
mainly Investment in fixed assets (net) (-€10.5m) and Contributions, distributions and other (-€6.1m)
- Receivables within one year +€4.0m
up €4.0m (+15.5%), from €25.5m to €29.5m
of which Other amounts receivable: +€3.8m
- Receivables after one year -€2.2m
down €2.2m (-51.3%), from €4.2m to €2.1m
Equity and liabilities
- Short-term financial debts +€5.0m
up €5.0m, from €0 to €5.0m
- Profit (loss) carried forward -€3.0m
down €3.0m (-1.5%), from €197.6m to €194.6m
- Other debts +€2.7m
up €2.7m (+72.3%), from €3.7m to €6.4m
Income statement
- Financial income -€18.8m
down €18.8m (-87.6%), from €21.5m to €2.7m
of which Non-recurring financial income: -€19.7m
- Turnover +€6.2m
up €6.2m (+152%), from €4.1m to €10.3m
- Services and other goods +€1.3m
up €1.3m (+34.1%), from €3.9m to €5.2m
- Financial charges -€1.2m
down €1.2m (-66.7%), from €1.8m to €583,385
of which Financial charges: -€701,100
- Other operating charges +€632,247
up €632,247 (+600%), from €105,406 to €737,653
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.
Result 2024
€20.4m
Turnover
+€6.2m
Other operating income
-€92,291
Goods and materials
-€34,280
Services and other goods
-€1.3m
Staff costs
-€17,959
Depreciation
+€9,967
Write-downs
+€3,407
Other operating charges
-€632,247
Other operating items
-€3.6m
Financial income
-€18.8m
Financial charges
+€1.2m
Taxes
-€146,484
Result 2025
€3.1m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€5.2m
Investment
-€10.9m
Financing
-€1.1m
Cash 2024
€8.2m
From operations (derived)
+€5.2m
Net result for the year
+€3.1m
Depreciation
+€869,657
Receivables after one year
+€2.2m
Smaller working-capital items
+€23,253
Receivables within one year
-€4.0m
Deferred charges and accrued income
+€53,275
Trade debts
+€289,600
Tax, wage and social debts
-€57,397
Other debts
+€2.7m
Investment (derived)
-€10.9m
Investment in fixed assets (net)
-€10.5m
Current investments
-€421,216
Financing
-€1.1m
Short-term financial debts
+€5.0m
Contributions, distributions and other
-€6.1m
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €203,991,150 | €208,969,290 | +€5.0m | +2.4% |
| Fixed assets | 21/28 | €145,569,031 | €155,220,423 | +€9.7m | +6.6% |
| Tangible fixed assets | 22/27 | €35,844,209 | €35,292,381 | -€551,828 | -1.5% |
| Land and buildings | 22 | €34,500,989 | €33,917,510 | -€583,478 | -1.7% |
| Plant, machinery and equipment | 23 | €1,072,055 | €1,007,249 | -€64,806 | -6.0% |
| Furniture and vehicles | 24 | €271,166 | €367,622 | +€96,456 | +35.6% |
| Financial fixed assets | 28 | €109,724,821 | €119,928,042 | +€10.2m | +9.3% |
| Affiliated companies | 280/1 | €14,400,240 | €24,500,240 | +€10.1m | +70.1% |
| Participating interests | 280 | €14,400,240 | €24,500,240 | +€10.1m | +70.1% |
| Companies linked by participating interests | 282/3 | €91,528,315 | €91,528,715 | +€400 | 0.0% |
| Participating interests | 282 | €91,393,663 | €91,393,663 | = | 0.0% |
| Amounts receivable | 283 | €134,651 | €135,051 | +€400 | +0.3% |
| Other financial fixed assets | 284/8 | €3,796,267 | €3,899,088 | +€102,821 | +2.7% |
| Shares | 284 | €3,796,042 | €3,898,863 | +€102,821 | +2.7% |
| Amounts receivable and cash guarantees | 285/8 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €58,422,119 | €53,748,867 | -€4.7m | -8.0% |
| Amounts receivable after more than one year | 29 | €4,217,219 | €2,055,784 | -€2.2m | -51.3% |
| Other amounts receivable | 291 | €4,217,219 | €2,055,784 | -€2.2m | -51.3% |
| Stocks and contracts in progress | 3 | €55,040 | €57,425 | +€2,385 | +4.3% |
| Stocks | 30/36 | €55,040 | €57,425 | +€2,385 | +4.3% |
| Goods purchased for resale | 34 | €55,040 | €57,425 | +€2,385 | +4.3% |
| Amounts receivable within one year | 40/41 | €25,497,642 | €29,461,604 | +€4.0m | +15.5% |
| Trade receivables | 40 | €223,719 | €359,274 | +€135,555 | +60.6% |
| Other amounts receivable | 41 | €25,273,924 | €29,102,330 | +€3.8m | +15.1% |
| Current investments | 50/53 | €20,243,428 | €20,664,644 | +€421,216 | +2.1% |
| Other investments | 51/53 | €20,243,428 | €20,664,644 | +€421,216 | +2.1% |
| Cash at bank and in hand | 54/58 | €8,171,257 | €1,325,151 | -€6.8m | -83.8% |
| Deferred charges and accrued income | 490/1 | €237,533 | €184,258 | -€53,275 | -22.4% |
| Total equity and liabilities | 10/49 | €203,991,150 | €208,969,290 | +€5.0m | +2.4% |
| Equity | 10/15 | €197,660,601 | €194,688,482 | -€3.0m | -1.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €26,733 | €26,733 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €20,533 | €20,533 | = | 0.0% |
| Profit (loss) carried forward | 14 | €197,571,869 | €194,599,750 | -€3.0m | -1.5% |
| Amounts payable | 17/49 | €6,330,548 | €14,280,808 | +€8.0m | +126% |
| Amounts payable within one year | 42/48 | €6,314,736 | €14,239,358 | +€7.9m | +125% |
| Current portion of amounts payable after more than one year | 42 | €1,874,460 | €1,874,460 | = | 0.0% |
| Financial debts | 43 | €0 | €5,012,205 | +€5.0m | |
| Credit institutions | 430/8 | €0 | €5,012,205 | +€5.0m | |
| Trade debts | 44 | €604,360 | €893,960 | +€289,600 | +47.9% |
| Suppliers | 440/4 | €604,360 | €893,960 | +€289,600 | +47.9% |
| Taxes, remuneration and social security | 45 | €130,308 | €72,912 | -€57,397 | -44.0% |
| Taxes | 450/3 | €5,798 | €0 | -€5,798 | -100% |
| Remuneration and social security | 454/9 | €124,510 | €72,912 | -€51,598 | -41.4% |
| Other amounts payable | 47/48 | €3,705,608 | €6,385,821 | +€2.7m | +72.3% |
| Accrued charges and deferred income | 492/3 | €15,812 | €41,450 | +€25,638 | +162% |
| Operating income | 70/76A | €7,202,157 | €10,350,282 | +€3.1m | +43.7% |
| Turnover | 70 | €4,079,517 | €10,263,885 | +€6.2m | +152% |
| Other operating income | 74 | €176,043 | €83,753 | -€92,291 | -52.4% |
| Non-recurring operating income | 76A | €2,946,596 | €2,645 | -€2.9m | -99.9% |
| Operating charges | 60/66A | €6,469,452 | €9,077,132 | +€2.6m | +40.3% |
| Goods for resale, raw materials and consumables | 60 | €532,373 | €566,652 | +€34,280 | +6.4% |
| Purchases | 600/8 | €526,359 | €569,037 | +€42,679 | +8.1% |
| Change in stocks: decrease (increase) | 609 | €6,014 | -€2,385 | -€8,399 | |
| Services and other goods | 61 | €3,856,777 | €5,172,153 | +€1.3m | +34.1% |
| Remuneration, social security and pensions | 62 | €1,094,272 | €1,112,231 | +€17,959 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €879,624 | €869,657 | -€9,967 | -1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,000 | -€2,407 | -€3,407 | |
| Other operating charges | 640/8 | €105,406 | €737,653 | +€632,247 | +600% |
| Non-recurring operating charges | 66A | €0 | €621,192 | +€621,192 | |
| Operating profit (loss) | 9901 | €732,705 | €1,273,150 | +€540,445 | +73.8% |
| Financial income | 75/76B | €21,501,748 | €2,667,329 | -€18.8m | -87.6% |
| Recurring financial income | 75 | €1,507,013 | €2,384,569 | +€877,556 | +58.2% |
| Income from financial fixed assets | 750 | €45,690 | €9,660 | -€36,030 | -78.9% |
| Income from current assets | 751 | €1,364,565 | €1,832,321 | +€467,756 | +34.3% |
| Other financial income | 752/9 | €96,757 | €542,588 | +€445,830 | +461% |
| Non-recurring financial income | 76B | €19,994,736 | €282,760 | -€19.7m | -98.6% |
| Financial charges | 65/66B | €1,754,164 | €583,385 | -€1.2m | -66.7% |
| Recurring financial charges | 65 | €1,184,485 | €483,385 | -€701,100 | -59.2% |
| Debt charges | 650 | €507,254 | €41,278 | -€465,977 | -91.9% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €292,019 | -€442,105 | -€734,124 | |
| Other financial charges | 652/9 | €385,211 | €884,213 | +€499,001 | +130% |
| Non-recurring financial charges | 66B | €569,679 | €100,000 | -€469,679 | -82.4% |
| Profit (loss) for the period before taxes | 9903 | €20,480,290 | €3,357,093 | -€17.1m | -83.6% |
| Income taxes | 67/77 | €82,729 | €229,212 | +€146,484 | +177% |
| Taxes | 670/3 | €82,729 | €242,497 | +€159,769 | +193% |
| Tax adjustments and reversals of tax provisions | 77 | - | €13,285 | +€13,285 | |
| Profit (loss) for the period | 9904 | €20,397,561 | €3,127,881 | -€17.3m | -84.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,397,561 | €3,127,881 | -€17.3m | -84.7% |
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 17 October 2026 via checked.be.