DAMORIN: 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.
DAMORIN
Largest movements
- Current investments -€306,839
down €306,839 (-100.0%), from €306,839 to €0
- Cash +€228,112
up €228,112 (+2178.2%), from €10,473 to €238,585
mainly Current investments (+€306,839) and Net result for the year (+€69,851)
- Receivables within one year +€106,811
up €106,811 (+124.0%), from €86,110 to €192,921
of which Other amounts receivable: +€130,695
- Deferred charges and accrued income +€7,814
up €7,814 (+62.2%), from €12,556 to €20,370
- Reserves +€69,851
up €69,851 (+13.7%), from €508,425 to €578,276
of which Distributable reserves: +€69,851
- Trade debts -€16,602
down €16,602 (-40.7%), from €40,826 to €24,224
- Other debts -€12,750
down €12,750 (-100.0%), from €12,750 to €0
- Accrued charges and deferred income -€6,976
down €6,976 (-100.0%), from €6,976 to €0
- Gross operating margin -€61,942
down €61,942 (-28.5%), from €217,028 to €155,086
- Other operating charges +€60,137
up €60,137 (+15619.9%), from €385 to €60,522
- Taxes -€41,351
down €41,351 (-54.7%), from €75,575 to €34,224
- Financial income +€10,475
up €10,475 (+143.1%), from €7,321 to €17,796
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 | €647,956 | €682,735 | +€34,778 | +5.4% |
| Fixed assets | 21/28 | €26,979 | €25,859 | -€1,120 | -4.2% |
| Tangible fixed assets | 22/27 | €26,879 | €25,759 | -€1,120 | -4.2% |
| Land and buildings | 22 | €2,557 | €1,901 | -€657 | -25.7% |
| Plant, machinery and equipment | 23 | €667 | €384 | -€283 | -42.4% |
| Furniture and vehicles | 24 | €3,975 | €1,396 | -€2,580 | -64.9% |
| Other tangible fixed assets | 26 | €19,680 | €22,078 | +€2,398 | +12.2% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €620,977 | €656,876 | +€35,898 | +5.8% |
| Amounts receivable after more than one year | 29 | €205,000 | €205,000 | = | 0.0% |
| Other amounts receivable | 291 | €205,000 | €205,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €86,110 | €192,921 | +€106,811 | +124.0% |
| Trade receivables | 40 | €52,718 | €28,835 | -€23,884 | -45.3% |
| Other amounts receivable | 41 | €33,391 | €164,087 | +€130,695 | +391.4% |
| Current investments | 50/53 | €306,839 | €0 | -€306,839 | -100.0% |
| Cash at bank and in hand | 54/58 | €10,473 | €238,585 | +€228,112 | +2178.2% |
| Deferred charges and accrued income | 490/1 | €12,556 | €20,370 | +€7,814 | +62.2% |
| Total equity and liabilities | 10/49 | €647,956 | €682,735 | +€34,778 | +5.4% |
| Equity | 10/15 | €569,925 | €639,776 | +€69,851 | +12.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €508,425 | €578,276 | +€69,851 | +13.7% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €502,275 | €572,126 | +€69,851 | +13.9% |
| Amounts payable | 17/49 | €78,032 | €42,959 | -€35,072 | -44.9% |
| Amounts payable within one year | 42/48 | €71,055 | €42,959 | -€28,096 | -39.5% |
| Trade debts | 44 | €40,826 | €24,224 | -€16,602 | -40.7% |
| Suppliers | 440/4 | €40,826 | €24,224 | -€16,602 | -40.7% |
| Taxes, remuneration and social security | 45 | €17,479 | €18,735 | +€1,256 | +7.2% |
| Taxes | 450/3 | €17,479 | €18,735 | +€1,256 | +7.2% |
| Other amounts payable | 47/48 | €12,750 | €0 | -€12,750 | -100.0% |
| Accrued charges and deferred income | 492/3 | €6,976 | €0 | -€6,976 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,108 | €8,039 | -€2,069 | -20.5% |
| Other operating charges | 640/8 | €385 | €60,522 | +€60,137 | +15619.9% |
| Gross operating margin | 9900 | €217,028 | €155,086 | -€61,942 | -28.5% |
| Operating profit (loss) | 9901 | €206,535 | €86,525 | -€120,010 | -58.1% |
| Financial income | 75/76B | €7,321 | €17,796 | +€10,475 | +143.1% |
| Recurring financial income | 75 | €7,321 | €17,796 | +€10,475 | +143.1% |
| Financial charges | 65/66B | €90 | €246 | +€156 | +173.0% |
| Recurring financial charges | 65 | €90 | €246 | +€156 | +173.0% |
| Profit (loss) for the period before taxes | 9903 | €213,765 | €104,075 | -€109,691 | -51.3% |
| Income taxes | 67/77 | €75,575 | €34,224 | -€41,351 | -54.7% |
| Profit (loss) for the period | 9904 | €138,190 | €69,851 | -€68,340 | -49.5% |
| Profit (loss) for the period to be appropriated | 9905 | €138,190 | €69,851 | -€68,340 | -49.5% |
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.