DE DAMWEG: 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.
DE DAMWEG
Largest movements
- Financial fixed assets +€27,000
up €27,000 (+21.8%), from €124,000 to €151,000
- Tangible fixed assets -€13,774
down €13,774 (-4.3%), from €321,388 to €307,614
of which Land and buildings: -€14,866
- Cash +€5,332
up €5,332 (+84.3%), from €6,327 to €11,659
mainly Net result for the year (+€131,043) and Depreciation (+€26,489)
- Reserves +€129,377
up €129,377 (+62.3%), from €207,712 to €337,089
- Other debts -€117,405
down €117,405 (-55.7%), from €210,751 to €93,346
- Accrued charges and deferred income +€5,009
new in 2025: €5,009
- Gross operating margin +€60,928
up €60,928 (+42.1%), from €144,733 to €205,661
- Taxes +€6,079
up €6,079 (+16.0%), from €37,941 to €44,020
- Depreciation +€5,947
up €5,947 (+29.0%), from €20,541 to €26,489
- Financial charges +€5,010
up €5,010 (+9264.1%), from €54 to €5,064
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 | €452,038 | €474,093 | +€22,056 | +4.9% |
| Fixed assets | 21/28 | €445,388 | €458,614 | +€13,226 | +3.0% |
| Tangible fixed assets | 22/27 | €321,388 | €307,614 | -€13,774 | -4.3% |
| Land and buildings | 22 | €287,688 | €272,822 | -€14,866 | -5.2% |
| Plant, machinery and equipment | 23 | €11,116 | €9,047 | -€2,069 | -18.6% |
| Furniture and vehicles | 24 | €22,584 | €25,744 | +€3,161 | +14.0% |
| Financial fixed assets | 28 | €124,000 | €151,000 | +€27,000 | +21.8% |
| Current assets | 29/58 | €6,650 | €15,480 | +€8,830 | +132.8% |
| Amounts receivable within one year | 40/41 | - | €3,515 | +€3,515 | |
| Trade receivables | 40 | - | €1,483 | +€1,483 | |
| Other amounts receivable | 41 | - | €2,032 | +€2,032 | |
| Cash at bank and in hand | 54/58 | €6,327 | €11,659 | +€5,332 | +84.3% |
| Deferred charges and accrued income | 490/1 | €323 | €306 | -€17 | -5.3% |
| Total equity and liabilities | 10/49 | €452,038 | €474,093 | +€22,056 | +4.9% |
| Equity | 10/15 | €227,712 | €357,089 | +€129,377 | +56.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €207,712 | €337,089 | +€129,377 | +62.3% |
| Distributable reserves | 133 | €207,712 | €337,089 | +€129,377 | +62.3% |
| Amounts payable | 17/49 | €224,326 | €117,005 | -€107,321 | -47.8% |
| Amounts payable within one year | 42/48 | €224,326 | €111,995 | -€112,331 | -50.1% |
| Trade debts | 44 | €149 | €797 | +€648 | +434.7% |
| Suppliers | 440/4 | €149 | €797 | +€648 | +434.7% |
| Taxes, remuneration and social security | 45 | €13,425 | €17,852 | +€4,427 | +33.0% |
| Taxes | 450/3 | €13,425 | €17,852 | +€4,427 | +33.0% |
| Other amounts payable | 47/48 | €210,751 | €93,346 | -€117,405 | -55.7% |
| Accrued charges and deferred income | 492/3 | - | €5,009 | +€5,009 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,541 | €26,489 | +€5,947 | +29.0% |
| Other operating charges | 640/8 | €513 | €1,078 | +€564 | +109.9% |
| Gross operating margin | 9900 | €144,733 | €205,661 | +€60,928 | +42.1% |
| Operating profit (loss) | 9901 | €123,678 | €178,095 | +€54,417 | +44.0% |
| Financial income | 75/76B | €10 | €2,032 | +€2,022 | +20184.3% |
| Recurring financial income | 75 | €10 | €2,032 | +€2,022 | +20184.3% |
| Financial charges | 65/66B | €54 | €5,064 | +€5,010 | +9264.1% |
| Recurring financial charges | 65 | €54 | €5,064 | +€5,010 | +9264.1% |
| Profit (loss) for the period before taxes | 9903 | €123,634 | €175,063 | +€51,429 | +41.6% |
| Income taxes | 67/77 | €37,941 | €44,020 | +€6,079 | +16.0% |
| Profit (loss) for the period | 9904 | €85,693 | €131,043 | +€45,350 | +52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €85,693 | €131,043 | +€45,350 | +52.9% |
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.