DAMNO SOLUTIONS: 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.
DAMNO SOLUTIONS
Largest movements
- Tangible fixed assets +€21,714
up €21,714 (+291%), from €7,474 to €29,188
of which Furniture and vehicles: +€21,336
- Cash -€12,411
down €12,411 (-62.5%), from €19,867 to €7,456
mainly Investment in fixed assets (net) (-€26,342) and Net result for the year (-€14,370)
- Receivables within one year +€1,405
up €1,405 (+6.6%), from €21,372 to €22,777
of which Trade receivables: +€1,405
- Other debts +€24,357
up €24,357 (+1,336%), from €1,824 to €26,180
- Profit (loss) carried forward -€14,370
down €14,370 (-341%), from -€4,217 to -€18,587
- Advances received +€6,000
up €6,000 (+95.9%), from €6,258 to €12,258
- Tax, wage and social debts -€4,895
down €4,895 (-77.9%), from €6,282 to €1,388
- Gross operating margin -€10,848
down €10,848, from €1,956 to -€8,892
- Depreciation +€1,550
up €1,550 (+50.4%), from €3,078 to €4,628
- Staff costs -€1,003
no longer reported in 2024 (was €1,003)
- Other operating charges -€586
down €586 (-48.5%), from €1,207 to €621
- Financial charges -€502
down €502 (-92.7%), from €542 to €40
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,713 | €59,421 | +€10,708 | +22.0% |
| Fixed assets | 21/28 | €7,474 | €29,188 | +€21,714 | +291% |
| Tangible fixed assets | 22/27 | €7,474 | €29,188 | +€21,714 | +291% |
| Plant, machinery and equipment | 23 | €2,878 | €3,256 | +€378 | +13.1% |
| Furniture and vehicles | 24 | €4,596 | €25,932 | +€21,336 | +464% |
| Current assets | 29/58 | €41,239 | €30,233 | -€11,006 | -26.7% |
| Amounts receivable within one year | 40/41 | €21,372 | €22,777 | +€1,405 | +6.6% |
| Trade receivables | 40 | €5,172 | €6,577 | +€1,405 | +27.2% |
| Other amounts receivable | 41 | €16,200 | €16,200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,867 | €7,456 | -€12,411 | -62.5% |
| Total equity and liabilities | 10/49 | €48,713 | €59,421 | +€10,708 | +22.0% |
| Equity | 10/15 | €33,965 | €19,595 | -€14,370 | -42.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €18,182 | €18,182 | = | 0.0% |
| Distributable reserves | 133 | €18,182 | €18,182 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,217 | -€18,587 | -€14,370 | -341% |
| Amounts payable | 17/49 | €14,748 | €39,826 | +€25,078 | +170% |
| Amounts payable within one year | 42/48 | €14,748 | €39,826 | +€25,078 | +170% |
| Trade debts | 44 | €384 | - | -€384 | |
| Suppliers | 440/4 | €384 | - | -€384 | |
| Advances received on contracts in progress | 46 | €6,258 | €12,258 | +€6,000 | +95.9% |
| Taxes, remuneration and social security | 45 | €6,282 | €1,388 | -€4,895 | -77.9% |
| Taxes | 450/3 | €6,282 | €1,388 | -€4,895 | -77.9% |
| Other amounts payable | 47/48 | €1,824 | €26,180 | +€24,357 | +1,336% |
| Remuneration, social security and pensions | 62 | €1,003 | - | -€1,003 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,078 | €4,628 | +€1,550 | +50.4% |
| Other operating charges | 640/8 | €1,207 | €621 | -€586 | -48.5% |
| Gross operating margin | 9900 | €1,956 | -€8,892 | -€10,848 | |
| Operating profit (loss) | 9901 | -€3,333 | -€14,141 | -€10,809 | -324% |
| Financial income | 75/76B | €2 | €0 | -€1 | -76.6% |
| Recurring financial income | 75 | €2 | €0 | -€1 | -76.6% |
| Financial charges | 65/66B | €542 | €40 | -€502 | -92.7% |
| Recurring financial charges | 65 | €542 | €40 | -€502 | -92.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,873 | -€14,181 | -€10,308 | -266% |
| Income taxes | 67/77 | €344 | €189 | -€155 | -45.0% |
| Profit (loss) for the period | 9904 | -€4,217 | -€14,370 | -€10,153 | -241% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,217 | -€14,370 | -€10,153 | -241% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.