DATAM: 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.
DATAM
Largest movements
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Cash +€126,057
up €126,057 (+90.6%), from €139,070 to €265,127
mainly Net result for the year (+€250,369) and Current investments (+€150,000)
- Tangible fixed assets +€70,576
up €70,576 (+5.3%), from €1.3m to €1.4m
of which Land and buildings: +€69,714
- Debts after one year -€156,680
down €156,680 (-6.2%), from €2.5m to €2.4m
- Profit (loss) carried forward +€149,889
up €149,889 (+26.8%), from €558,293 to €708,182
- Reserves +€98,620
up €98,620 (+64.4%), from €153,067 to €251,687
of which Distributable reserves: +€100,000
- Financial income -€33,060
down €33,060 (-20.0%), from €165,452 to €132,392
- Depreciation +€11,046
up €11,046 (+17.6%), from €62,822 to €73,868
- Financial charges +€7,515
up €7,515 (+10.8%), from €69,383 to €76,898
- Gross operating margin +€7,319
up €7,319 (+2.2%), from €327,692 to €335,011
- Taxes +€4,390
up €4,390 (+7.9%), from €55,325 to €59,715
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 | €3,619,180 | €3,697,838 | +€78,658 | +2.2% |
| Fixed assets | 21/28 | €3,218,609 | €3,288,565 | +€69,956 | +2.2% |
| Tangible fixed assets | 22/27 | €1,333,063 | €1,403,639 | +€70,576 | +5.3% |
| Land and buildings | 22 | €1,311,355 | €1,381,069 | +€69,714 | +5.3% |
| Furniture and vehicles | 24 | €21,708 | €22,570 | +€862 | +4.0% |
| Financial fixed assets | 28 | €1,885,546 | €1,884,926 | -€620 | 0.0% |
| Current assets | 29/58 | €400,571 | €409,273 | +€8,702 | +2.2% |
| Amounts receivable after more than one year | 29 | €110,000 | €110,000 | = | 0.0% |
| Other amounts receivable | 291 | €110,000 | €110,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €226 | €33,171 | +€32,945 | +14577.4% |
| Trade receivables | 40 | €184 | €33,124 | +€32,940 | +17902.2% |
| Other amounts receivable | 41 | €42 | €47 | +€5 | +11.9% |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €139,070 | €265,127 | +€126,057 | +90.6% |
| Deferred charges and accrued income | 490/1 | €1,275 | €975 | -€300 | -23.5% |
| Total equity and liabilities | 10/49 | €3,619,180 | €3,697,838 | +€78,658 | +2.2% |
| Equity | 10/15 | €717,560 | €967,929 | +€250,369 | +34.9% |
| Contributions | 10/11 | €6,200 | €8,060 | +€1,860 | +30.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €153,067 | €251,687 | +€98,620 | +64.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €1,207 | €1,687 | +€480 | +39.8% |
| Distributable reserves | 133 | €150,000 | €250,000 | +€100,000 | +66.7% |
| Profit (loss) carried forward | 14 | €558,293 | €708,182 | +€149,889 | +26.8% |
| Amounts payable | 17/49 | €2,901,620 | €2,729,909 | -€171,711 | -5.9% |
| Amounts payable after more than one year | 17 | €2,517,899 | €2,361,219 | -€156,680 | -6.2% |
| Financial debts | 170/4 | €2,517,899 | €2,361,219 | -€156,680 | -6.2% |
| Amounts payable within one year | 42/48 | €373,745 | €358,924 | -€14,821 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €266,719 | €283,930 | +€17,211 | +6.5% |
| Financial debts | 43 | €13,527 | €13,457 | -€70 | -0.5% |
| Credit institutions | 430/8 | €13,527 | €13,457 | -€70 | -0.5% |
| Trade debts | 44 | €25,664 | €3,210 | -€22,454 | -87.5% |
| Suppliers | 440/4 | €25,664 | €3,210 | -€22,454 | -87.5% |
| Advances received on contracts in progress | 46 | - | €196 | +€196 | |
| Taxes, remuneration and social security | 45 | €48,780 | €45,482 | -€3,298 | -6.8% |
| Taxes | 450/3 | €48,780 | €45,482 | -€3,298 | -6.8% |
| Other amounts payable | 47/48 | €19,055 | €12,649 | -€6,406 | -33.6% |
| Accrued charges and deferred income | 492/3 | €9,976 | €9,766 | -€210 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,822 | €73,868 | +€11,046 | +17.6% |
| Other operating charges | 640/8 | €10,856 | €6,553 | -€4,303 | -39.6% |
| Gross operating margin | 9900 | €327,692 | €335,011 | +€7,319 | +2.2% |
| Operating profit (loss) | 9901 | €254,014 | €254,590 | +€576 | +0.2% |
| Financial income | 75/76B | €165,452 | €132,392 | -€33,060 | -20.0% |
| Recurring financial income | 75 | €165,452 | €132,392 | -€33,060 | -20.0% |
| Financial charges | 65/66B | €69,383 | €76,898 | +€7,515 | +10.8% |
| Recurring financial charges | 65 | €69,383 | €76,898 | +€7,515 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €350,083 | €310,084 | -€39,999 | -11.4% |
| Income taxes | 67/77 | €55,325 | €59,715 | +€4,390 | +7.9% |
| Profit (loss) for the period | 9904 | €294,758 | €250,369 | -€44,389 | -15.1% |
| Transfer to tax-exempt reserves | 689 | €480 | €480 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €294,278 | €249,889 | -€44,389 | -15.1% |
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 10 October 2026 via checked.be.