De Ma Dent: 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 Ma Dent
Largest movements
- Receivables within one year +€64,830
up €64,830 (+24.4%), from €265,487 to €330,317
of which Other amounts receivable: +€64,627
- Reserves +€61,962
up €61,962 (+29.3%), from €211,635 to €273,597
of which Distributable reserves: +€61,962
- Other debts -€31,523
down €31,523 (-100%), from €31,523 to €0
- Tax, wage and social debts +€28,000
up €28,000 (+400%), from €7,000 to €35,000
- Gross operating margin +€24,491
up €24,491 (+37.2%), from €65,868 to €90,359
- Taxes +€13,459
up €13,459 (+61.3%), from €21,971 to €35,430
- Depreciation -€7,328
down €7,328 (-70.4%), from €10,407 to €3,079
- Financial income +€2,772
up €2,772 (+20.3%), from €13,688 to €16,459
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €282,731 | €344,061 | +€61,330 | +21.7% |
| Fixed assets | 21/28 | €4,583 | €1,504 | -€3,079 | -67.2% |
| Tangible fixed assets | 22/27 | €4,583 | €1,504 | -€3,079 | -67.2% |
| Plant, machinery and equipment | 23 | €953 | €221 | -€732 | -76.8% |
| Furniture and vehicles | 24 | €1,003 | €0 | -€1,003 | -100% |
| Other tangible fixed assets | 26 | €2,628 | €1,284 | -€1,344 | -51.2% |
| Current assets | 29/58 | €278,148 | €342,557 | +€64,409 | +23.2% |
| Amounts receivable within one year | 40/41 | €265,487 | €330,317 | +€64,830 | +24.4% |
| Trade receivables | 40 | - | €204 | +€204 | |
| Other amounts receivable | 41 | €265,487 | €330,114 | +€64,627 | +24.3% |
| Cash at bank and in hand | 54/58 | €12,508 | €12,068 | -€440 | -3.5% |
| Deferred charges and accrued income | 490/1 | €153 | €172 | +€18 | +12.1% |
| Total equity and liabilities | 10/49 | €282,731 | €344,061 | +€61,330 | +21.7% |
| Equity | 10/15 | €242,622 | €304,584 | +€61,962 | +25.5% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €211,635 | €273,597 | +€61,962 | +29.3% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €208,537 | €270,499 | +€61,962 | +29.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €40,109 | €39,477 | -€632 | -1.6% |
| Amounts payable within one year | 42/48 | €40,109 | €39,477 | -€632 | -1.6% |
| Trade debts | 44 | €1,586 | €4,477 | +€2,891 | +182% |
| Suppliers | 440/4 | €1,586 | €4,477 | +€2,891 | +182% |
| Taxes, remuneration and social security | 45 | €7,000 | €35,000 | +€28,000 | +400% |
| Taxes | 450/3 | €7,000 | €35,000 | +€28,000 | +400% |
| Other amounts payable | 47/48 | €31,523 | €0 | -€31,523 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,407 | €3,079 | -€7,328 | -70.4% |
| Other operating charges | 640/8 | €939 | €867 | -€72 | -7.7% |
| Non-recurring operating charges | 66A | - | €5,200 | +€5,200 | |
| Gross operating margin | 9900 | €65,868 | €90,359 | +€24,491 | +37.2% |
| Operating profit (loss) | 9901 | €54,522 | €81,213 | +€26,692 | +49.0% |
| Financial income | 75/76B | €13,688 | €16,459 | +€2,772 | +20.3% |
| Recurring financial income | 75 | €13,688 | €16,459 | +€2,772 | +20.3% |
| Financial charges | 65/66B | €260 | €281 | +€22 | +8.3% |
| Recurring financial charges | 65 | €260 | €281 | +€22 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €67,950 | €97,391 | +€29,442 | +43.3% |
| Income taxes | 67/77 | €21,971 | €35,430 | +€13,459 | +61.3% |
| Profit (loss) for the period | 9904 | €45,979 | €61,962 | +€15,983 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,979 | €61,962 | +€15,983 | +34.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.