DAMSECURITE: 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.
DAMSECURITE
Largest movements
- Cash +€39,527
up €39,527 (+131.1%), from €30,151 to €69,678
mainly Net result for the year (+€49,671) and Debts after one year (+€23,576)
- Tangible fixed assets +€35,534
up €35,534 (+3893.7%), from €913 to €36,447
of which Furniture and vehicles: +€35,138
- Stocks and contracts +€5,138
up €5,138 (+114.6%), from €4,485 to €9,624
- Receivables within one year +€3,679
up €3,679 (+5.1%), from €72,184 to €75,863
of which Other amounts receivable: +€2,464
- Reserves +€49,671
up €49,671 (+91.2%), from €54,449 to €104,120
of which Distributable reserves: +€49,671
- Debts after one year +€23,576
new in 2025: €23,576
- Current portion of long-term debt +€6,883
new in 2025: €6,883
- Tax, wage and social debts +€5,898
up €5,898 (+130.3%), from €4,527 to €10,425
of which Taxes: +€5,898
- Gross operating margin +€45,355
up €45,355 (+129.7%), from €34,972 to €80,327
- Taxes +€10,898
up €10,898 (+122.5%), from €8,899 to €19,797
- Depreciation +€7,841
up €7,841 (+3106.9%), from €252 to €8,094
- Financial income +€905
up €905 (+227.0%), from €399 to €1,304
- Financial charges +€843
up €843 (+104.2%), from €809 to €1,652
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 | €107,733 | €193,045 | +€85,312 | +79.2% |
| Fixed assets | 21/28 | €913 | €37,880 | +€36,968 | +4050.8% |
| Intangible fixed assets | 21 | - | €1,433 | +€1,433 | |
| Tangible fixed assets | 22/27 | €913 | €36,447 | +€35,534 | +3893.7% |
| Plant, machinery and equipment | 23 | €200 | €596 | +€397 | +198.7% |
| Furniture and vehicles | 24 | €713 | €35,851 | +€35,138 | +4928.3% |
| Current assets | 29/58 | €106,820 | €155,165 | +€48,345 | +45.3% |
| Stocks and contracts in progress | 3 | €4,485 | €9,624 | +€5,138 | +114.6% |
| Stocks | 30/36 | €4,485 | €9,624 | +€5,138 | +114.6% |
| Amounts receivable within one year | 40/41 | €72,184 | €75,863 | +€3,679 | +5.1% |
| Trade receivables | 40 | €68,566 | €69,781 | +€1,215 | +1.8% |
| Other amounts receivable | 41 | €3,617 | €6,082 | +€2,464 | +68.1% |
| Cash at bank and in hand | 54/58 | €30,151 | €69,678 | +€39,527 | +131.1% |
| Total equity and liabilities | 10/49 | €107,733 | €193,045 | +€85,312 | +79.2% |
| Equity | 10/15 | €73,049 | €122,720 | +€49,671 | +68.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,449 | €104,120 | +€49,671 | +91.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €52,589 | €102,260 | +€49,671 | +94.5% |
| Amounts payable | 17/49 | €34,684 | €70,325 | +€35,641 | +102.8% |
| Amounts payable after more than one year | 17 | - | €23,576 | +€23,576 | |
| Financial debts | 170/4 | - | €23,576 | +€23,576 | |
| Amounts payable within one year | 42/48 | €34,684 | €46,750 | +€12,066 | +34.8% |
| Current portion of amounts payable after more than one year | 42 | - | €6,883 | +€6,883 | |
| Trade debts | 44 | €2,758 | €3,244 | +€486 | +17.6% |
| Suppliers | 440/4 | €2,758 | €3,244 | +€486 | +17.6% |
| Advances received on contracts in progress | 46 | €21,903 | €20,783 | -€1,120 | -5.1% |
| Taxes, remuneration and social security | 45 | €4,527 | €10,425 | +€5,898 | +130.3% |
| Taxes | 450/3 | €899 | €6,797 | +€5,898 | +656.2% |
| Remuneration and social security | 454/9 | €3,628 | €3,628 | = | 0.0% |
| Other amounts payable | 47/48 | €5,497 | €5,417 | -€81 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €252 | €8,094 | +€7,841 | +3106.9% |
| Other operating charges | 640/8 | €1,820 | €2,417 | +€597 | +32.8% |
| Gross operating margin | 9900 | €34,972 | €80,327 | +€45,355 | +129.7% |
| Operating profit (loss) | 9901 | €32,900 | €69,817 | +€36,916 | +112.2% |
| Financial income | 75/76B | €399 | €1,304 | +€905 | +227.0% |
| Recurring financial income | 75 | €399 | €1,304 | +€905 | +227.0% |
| Financial charges | 65/66B | €809 | €1,652 | +€843 | +104.2% |
| Recurring financial charges | 65 | €809 | €1,652 | +€843 | +104.2% |
| Profit (loss) for the period before taxes | 9903 | €32,490 | €69,468 | +€36,978 | +113.8% |
| Income taxes | 67/77 | €8,899 | €19,797 | +€10,898 | +122.5% |
| Profit (loss) for the period | 9904 | €23,591 | €49,671 | +€26,080 | +110.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,591 | €49,671 | +€26,080 | +110.6% |
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.