Skip to content

DAMMED: 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.

What changed

DAMMED

BE 0879.502.067
NACE 72.200, Scientific research and development
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€10,257
2024 · -€1,891+€12,148
Equity
€840,316
2024 · €830,059+€10,257
Cash
€16,138
2024 · €108,067-€91,929
Balance sheet total
€1.0m
2024 · €1.1m-€80,327

Largest movements

2024 to 2025
Assets
  • Cash -€91,929

    down €91,929 (-85.1%), from €108,067 to €16,138

    mainly Debts after one year (-€61,706) and Investment in fixed assets (net) (-€53,714)

Equity and liabilities
  • Debts after one year -€61,706

    down €61,706 (-67.5%), from €91,463 to €29,756

  • Other debts -€23,580

    down €23,580 (-89.7%), from €26,280 to €2,700

Income statement
  • Gross operating margin +€10,053

    up €10,053 (+13.7%), from €73,626 to €83,680

  • Taxes +€3,159

    up €3,159 (+50.6%), from €6,240 to €9,399

  • Financial charges -€2,735

    down €2,735 (-29.1%), from €9,388 to €6,653

  • Depreciation -€1,407

    down €1,407 (-2.8%), from €49,883 to €48,476

  • Other operating charges -€1,111

    down €1,111 (-11.1%), from €10,006 to €8,895

From the 2024 result to the 2025 result

effect on the 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 -€1,891
Gross operating margin +€10,053
Depreciation +€1,407
Other operating charges +€1,111
Financial charges +€2,735
Taxes -€3,159
Result 2025 €10,257

Cash bridge derived

cash 2024 to 2025

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 +€26,737
Investment -€53,714
Financing -€64,952
Cash 2024 €108,067
Net result for the year +€10,257
Depreciation +€48,476
Receivables within one year -€6,364
Trade debts -€3,056
Tax, wage and social debts +€1,004
Other debts -€23,580
Investment in fixed assets (net) -€53,714
Debts after one year -€61,706
Current portion of long-term debt -€3,246
Cash 2025 €16,138
Every line side by side 47 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,111,530 €1,031,202 -€80,327 -7.2%
Formation expenses 20 €0 €0 =
Fixed assets 21/28 €992,288 €997,526 +€5,238 +0.5%
Tangible fixed assets 22/27 €989,064 €994,302 +€5,238 +0.5%
Land and buildings 22 €916,619 €924,779 +€8,160 +0.9%
Plant, machinery and equipment 23 €24,339 €22,243 -€2,096 -8.6%
Furniture and vehicles 24 €40,946 €40,120 -€826 -2.0%
Other tangible fixed assets 26 €7,160 €7,160 = 0.0%
Financial fixed assets 28 €3,224 €3,224 = 0.0%
Current assets 29/58 €119,241 €33,676 -€85,565 -71.8%
Amounts receivable within one year 40/41 €11,006 €17,370 +€6,364 +57.8%
Trade receivables 40 €11,006 €8,205 -€2,801 -25.5%
Other amounts receivable 41 - €9,165 +€9,165
Cash at bank and in hand 54/58 €108,067 €16,138 -€91,929 -85.1%
Deferred charges and accrued income 490/1 €169 €169 = 0.0%
Total equity and liabilities 10/49 €1,111,530 €1,031,202 -€80,327 -7.2%
Equity 10/15 €830,059 €840,316 +€10,257 +1.2%
Contributions 10/11 €201,400 €201,400 = 0.0%
Reserves 13 €628,659 €638,916 +€10,257 +1.6%
Non-distributable reserves 130/1 €20,760 €20,760 = 0.0%
Reserves not available under the articles 1311 €20,760 €20,760 = 0.0%
Tax-exempt reserves 132 €12,437 €12,437 = 0.0%
Distributable reserves 133 €595,462 €605,719 +€10,257 +1.7%
Provisions and deferred taxes 16 €72,498 €72,498 = 0.0%
Provisions for liabilities and charges 160/5 €72,498 €72,498 = 0.0%
Pensions and similar obligations 160 €72,498 €72,498 = 0.0%
Amounts payable 17/49 €208,973 €118,389 -€90,584 -43.3%
Amounts payable after more than one year 17 €91,463 €29,756 -€61,706 -67.5%
Financial debts 170/4 €91,463 €29,756 -€61,706 -67.5%
Amounts payable within one year 42/48 €116,010 €87,133 -€28,878 -24.9%
Current portion of amounts payable after more than one year 42 €64,952 €61,706 -€3,246 -5.0%
Trade debts 44 €14,026 €10,970 -€3,056 -21.8%
Suppliers 440/4 €14,026 €10,970 -€3,056 -21.8%
Taxes, remuneration and social security 45 €10,752 €11,757 +€1,004 +9.3%
Taxes 450/3 €10,752 €11,757 +€1,004 +9.3%
Other amounts payable 47/48 €26,280 €2,700 -€23,580 -89.7%
Accrued charges and deferred income 492/3 €1,500 €1,500 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €49,883 €48,476 -€1,407 -2.8%
Other operating charges 640/8 €10,006 €8,895 -€1,111 -11.1%
Gross operating margin 9900 €73,626 €83,680 +€10,053 +13.7%
Operating profit (loss) 9901 €13,737 €26,308 +€12,572 +91.5%
Financial charges 65/66B €9,388 €6,653 -€2,735 -29.1%
Recurring financial charges 65 €9,388 €6,653 -€2,735 -29.1%
Profit (loss) for the period before taxes 9903 €4,348 €19,655 +€15,307 +352.0%
Income taxes 67/77 €6,240 €9,399 +€3,159 +50.6%
Profit (loss) for the period 9904 -€1,891 €10,257 +€12,148
Profit (loss) for the period to be appropriated 9905 -€1,891 €10,257 +€12,148

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 29 September 2026 via checked.be.