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DANMAR: 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

DANMAR

BE 0465.969.489
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€20,649
2023 · -€22,374+€1,725
Equity
-€72,621
2023 · -€51,971-€20,649
Cash
€4,137
2023 · €1,378+€2,759
Balance sheet total
€539,533
2023 · €547,125-€7,593

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€10,370

    down €10,370 (-1.9%), from €545,322 to €534,952

    of which Land and buildings: -€10,170

Equity and liabilities
  • Other debts +€31,362

    up €31,362 (+9.5%), from €329,080 to €360,442

  • Debts after one year -€21,938

    down €21,938 (-8.9%), from €247,074 to €225,136

  • Profit (loss) carried forward -€20,649

    down €20,649 (-3.6%), from -€566,971 to -€587,621

Income statement
  • Gross operating margin +€1,320

    up €1,320 (+8.9%), from €14,881 to €16,201

  • Financial charges -€318

    down €318 (-6.8%), from €4,703 to €4,385

  • Depreciation -€266

    down €266 (-1.0%), from €27,988 to €27,722

  • Other operating charges +€178

    up €178 (+3.9%), from €4,567 to €4,745

From the 2023 result to the 2024 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 2023 -€22,374
Gross operating margin +€1,320
Depreciation +€266
Other operating charges -€178
Financial income -€1
Financial charges +€318
Result 2024 -€20,649

Cash bridge derived

cash 2023 to 2024

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.

From operations +€41,710
Investment -€17,352
Financing -€21,599
Cash 2023 €1,378
Net result for the year -€20,649
Depreciation +€27,722
Deferred charges and accrued income -€18
Trade debts +€3,293
Other debts +€31,362
Investment in fixed assets (net) -€17,352
Debts after one year -€21,938
Current portion of long-term debt +€340
Cash 2024 €4,137
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €547,125 €539,533 -€7,593 -1.4%
Fixed assets 21/28 €545,322 €534,952 -€10,370 -1.9%
Tangible fixed assets 22/27 €545,322 €534,952 -€10,370 -1.9%
Land and buildings 22 €543,857 €533,687 -€10,170 -1.9%
Furniture and vehicles 24 €1,465 €1,265 -€200 -13.6%
Financial fixed assets 28 €0 - =
Current assets 29/58 €1,803 €4,580 +€2,777 +154.0%
Cash at bank and in hand 54/58 €1,378 €4,137 +€2,759 +200.2%
Deferred charges and accrued income 490/1 €425 €443 +€18 +4.3%
Total equity and liabilities 10/49 €547,125 €539,533 -€7,593 -1.4%
Equity 10/15 -€51,971 -€72,621 -€20,649 -39.7%
Contributions 10/11 €515,000 €515,000 = 0.0%
Capital 10 €515,000 €515,000 = 0.0%
Issued capital 100 €515,000 €515,000 = 0.0%
Profit (loss) carried forward 14 -€566,971 -€587,621 -€20,649 -3.6%
Amounts payable 17/49 €599,097 €612,153 +€13,057 +2.2%
Amounts payable after more than one year 17 €247,074 €225,136 -€21,938 -8.9%
Financial debts 170/4 €247,074 €225,136 -€21,938 -8.9%
Amounts payable within one year 42/48 €351,315 €386,310 +€34,995 +10.0%
Current portion of amounts payable after more than one year 42 €21,599 €21,938 +€340 +1.6%
Trade debts 44 €637 €3,930 +€3,293 +517.1%
Suppliers 440/4 €637 €3,930 +€3,293 +517.1%
Other amounts payable 47/48 €329,080 €360,442 +€31,362 +9.5%
Accrued charges and deferred income 492/3 €707 €707 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €27,988 €27,722 -€266 -1.0%
Other operating charges 640/8 €4,567 €4,745 +€178 +3.9%
Gross operating margin 9900 €14,881 €16,201 +€1,320 +8.9%
Operating profit (loss) 9901 -€17,675 -€16,266 +€1,408 +8.0%
Financial income 75/76B €3 €2 -€1 -31.1%
Recurring financial income 75 €3 €2 -€1 -31.1%
Financial charges 65/66B €4,703 €4,385 -€318 -6.8%
Recurring financial charges 65 €4,703 €4,385 -€318 -6.8%
Profit (loss) for the period before taxes 9903 -€22,374 -€20,649 +€1,725 +7.7%
Profit (loss) for the period 9904 -€22,374 -€20,649 +€1,725 +7.7%
Profit (loss) for the period to be appropriated 9905 -€22,374 -€20,649 +€1,725 +7.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.