Dams: 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
Dams
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€62,023
2024 · -€246,215+€184,192
Equity
€1.8m
2024 · €1.8m-€62,023
Cash
€78,312
2024 · €211,901-€133,590
Balance sheet total
€17.7m
2024 · €12.4m+€5.3m
Largest movements
Assets
- Tangible fixed assets +€5.2m
up €5.2m (+48.7%), from €10.8m to €16.0m
of which Land and buildings: +€5.4m
Equity and liabilities
- Debts after one year +€5.0m
up €5.0m (+68.3%), from €7.3m to €12.2m
- Current portion of long-term debt +€318,671
up €318,671 (+51.9%), from €613,439 to €932,110
Income statement
- Gross operating margin +€347,655
up €347,655 (+27.5%), from €1.3m to €1.6m
- Other operating charges +€235,845
up €235,845 (+101%), from €234,444 to €470,289
- Financial charges -€138,130
down €138,130 (-29.6%), from €466,690 to €328,561
of which Non-recurring financial charges: -€281,432
- Depreciation +€82,842
up €82,842 (+10.3%), from €803,959 to €886,801
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
-€246,215
Gross operating margin
+€347,655
Staff costs
+€335
Depreciation
-€82,842
Other operating charges
-€235,845
Other operating items
+€8,534
Financial income
+€8,225
Financial charges
+€138,130
Result 2025
-€62,023
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
+€703,585
Investment
-€6.1m
Financing
+€5.3m
Cash 2024
€211,901
From operations (derived)
+€703,585
Net result for the year
-€62,023
Depreciation
+€886,801
Smaller working-capital items
-€10,422
Receivables within one year
-€161,191
Other debts
+€50,421
Investment (derived)
-€6.1m
Investment in fixed assets (net)
-€6.1m
Financing
+€5.3m
Debts after one year
+€5.0m
Current portion of long-term debt
+€318,671
Cash 2025
€78,312
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,444,593 | €17,712,700 | +€5.3m | +42.3% |
| Fixed assets | 21/28 | €11,799,532 | €17,040,317 | +€5.2m | +44.4% |
| Tangible fixed assets | 22/27 | €10,762,551 | €16,003,336 | +€5.2m | +48.7% |
| Land and buildings | 22 | €10,156,567 | €15,527,290 | +€5.4m | +52.9% |
| Plant, machinery and equipment | 23 | €197,173 | €164,566 | -€32,607 | -16.5% |
| Furniture and vehicles | 24 | €408,812 | €311,480 | -€97,332 | -23.8% |
| Financial fixed assets | 28 | €1,036,981 | €1,036,981 | = | 0.0% |
| Current assets | 29/58 | €645,061 | €672,383 | +€27,322 | +4.2% |
| Amounts receivable after more than one year | 29 | €43,076 | €44,153 | +€1,077 | +2.5% |
| Other amounts receivable | 291 | €43,076 | €44,153 | +€1,077 | +2.5% |
| Amounts receivable within one year | 40/41 | €352,428 | €513,619 | +€161,191 | +45.7% |
| Trade receivables | 40 | €352,428 | €513,619 | +€161,191 | +45.7% |
| Cash at bank and in hand | 54/58 | €211,901 | €78,312 | -€133,590 | -63.0% |
| Deferred charges and accrued income | 490/1 | €37,656 | €36,300 | -€1,356 | -3.6% |
| Total equity and liabilities | 10/49 | €12,444,593 | €17,712,700 | +€5.3m | +42.3% |
| Equity | 10/15 | €1,835,459 | €1,773,436 | -€62,023 | -3.4% |
| Contributions | 10/11 | €1,450,000 | €1,450,000 | = | 0.0% |
| Reserves | 13 | €60,271 | €58,511 | -€1,761 | -2.9% |
| Tax-exempt reserves | 132 | €3,521 | €1,761 | -€1,761 | -50.0% |
| Distributable reserves | 133 | €56,750 | €56,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €325,188 | €264,926 | -€60,263 | -18.5% |
| Provisions and deferred taxes | 16 | €1,479 | €740 | -€740 | -50.0% |
| Deferred taxes | 168 | €1,479 | €740 | -€740 | -50.0% |
| Amounts payable | 17/49 | €10,607,655 | €15,938,524 | +€5.3m | +50.3% |
| Amounts payable after more than one year | 17 | €7,276,814 | €12,248,554 | +€5.0m | +68.3% |
| Financial debts | 170/4 | €7,276,814 | €12,248,554 | +€5.0m | +68.3% |
| Amounts payable within one year | 42/48 | €3,273,525 | €3,644,830 | +€371,305 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €613,439 | €932,110 | +€318,671 | +51.9% |
| Trade debts | 44 | - | €1,404 | +€1,404 | |
| Suppliers | 440/4 | - | €1,404 | +€1,404 | |
| Taxes, remuneration and social security | 45 | €2,287 | €3,097 | +€810 | +35.4% |
| Taxes | 450/3 | €2,287 | €3,097 | +€810 | +35.4% |
| Other amounts payable | 47/48 | €2,657,799 | €2,708,219 | +€50,421 | +1.9% |
| Accrued charges and deferred income | 492/3 | €57,316 | €45,140 | -€12,176 | -21.2% |
| Non-recurring operating income | 76A | €42,737 | - | -€42,737 | |
| Remuneration, social security and pensions | 62 | €714 | €380 | -€335 | -46.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €803,959 | €886,801 | +€82,842 | +10.3% |
| Other operating charges | 640/8 | €234,444 | €470,289 | +€235,845 | +101% |
| Non-recurring operating charges | 66A | €8,534 | - | -€8,534 | |
| Gross operating margin | 9900 | €1,265,533 | €1,613,188 | +€347,655 | +27.5% |
| Operating profit (loss) | 9901 | €217,882 | €255,719 | +€37,837 | +17.4% |
| Financial income | 75/76B | €1,854 | €10,079 | +€8,225 | +444% |
| Recurring financial income | 75 | €1,854 | €2,079 | +€225 | +12.1% |
| Non-recurring financial income | 76B | - | €8,000 | +€8,000 | |
| Financial charges | 65/66B | €466,690 | €328,561 | -€138,130 | -29.6% |
| Recurring financial charges | 65 | €184,866 | €328,169 | +€143,303 | +77.5% |
| Non-recurring financial charges | 66B | €281,824 | €392 | -€281,432 | -99.9% |
| Profit (loss) for the period before taxes | 9903 | -€246,954 | -€62,763 | +€184,192 | +74.6% |
| Transfer from deferred taxes | 780 | €740 | €740 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€246,215 | -€62,023 | +€184,192 | +74.8% |
| Transfer from tax-exempt reserves | 789 | €1,761 | €1,761 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€244,454 | -€60,263 | +€184,192 | +75.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.