DES DAMES: 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.
DES DAMES
Largest movements
- Receivables within one year -€64,762
down €64,762 (-100.0%), from €64,772 to €10
of which Trade receivables: -€64,377
- Cash +€45,675
up €45,675 (+50.7%), from €90,166 to €135,841
mainly Receivables within one year (+€64,762) and Depreciation (+€44,260)
- Tangible fixed assets -€24,063
down €24,063 (-4.6%), from €524,124 to €500,062
of which Land and buildings: -€16,273
- Other debts -€60,562
down €60,562 (-98.1%), from €61,763 to €1,201
- Reserves +€39,638
up €39,638 (+9.2%), from €428,919 to €468,557
of which Distributable reserves: +€48,500
- Debts after one year -€10,000
down €10,000 (-12.5%), from €80,000 to €70,000
- Gross operating margin +€60,435
up €60,435 (+133.2%), from €45,367 to €105,802
- Depreciation -€11,944
down €11,944 (-21.3%), from €56,204 to €44,260
- Financial charges +€9,435
up €9,435 (+5472.0%), from €172 to €9,608
- Staff costs -€6,930
no longer reported in 2025 (was €6,930)
- Taxes +€2,850
new in 2025: €2,850
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 | €679,962 | €640,927 | -€39,035 | -5.7% |
| Fixed assets | 21/28 | €524,124 | €500,062 | -€24,063 | -4.6% |
| Tangible fixed assets | 22/27 | €524,124 | €500,062 | -€24,063 | -4.6% |
| Land and buildings | 22 | €515,971 | €499,698 | -€16,273 | -3.2% |
| Plant, machinery and equipment | 23 | €344 | €295 | -€49 | -14.3% |
| Furniture and vehicles | 24 | €7,809 | €68 | -€7,741 | -99.1% |
| Current assets | 29/58 | €155,838 | €140,866 | -€14,972 | -9.6% |
| Amounts receivable within one year | 40/41 | €64,772 | €10 | -€64,762 | -100.0% |
| Trade receivables | 40 | €64,377 | - | -€64,377 | |
| Other amounts receivable | 41 | €395 | €10 | -€385 | -97.4% |
| Cash at bank and in hand | 54/58 | €90,166 | €135,841 | +€45,675 | +50.7% |
| Deferred charges and accrued income | 490/1 | €899 | €5,014 | +€4,115 | +457.8% |
| Total equity and liabilities | 10/49 | €679,962 | €640,927 | -€39,035 | -5.7% |
| Equity | 10/15 | €454,804 | €494,487 | +€39,683 | +8.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €428,919 | €468,557 | +€39,638 | +9.2% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €127,019 | €118,157 | -€8,862 | -7.0% |
| Distributable reserves | 133 | €300,000 | €348,500 | +€48,500 | +16.2% |
| Profit (loss) carried forward | 14 | €6,885 | €6,930 | +€45 | +0.7% |
| Provisions and deferred taxes | 16 | €65,405 | €60,842 | -€4,563 | -7.0% |
| Deferred taxes | 168 | €65,405 | €60,842 | -€4,563 | -7.0% |
| Amounts payable | 17/49 | €159,753 | €85,599 | -€74,155 | -46.4% |
| Amounts payable after more than one year | 17 | €80,000 | €70,000 | -€10,000 | -12.5% |
| Financial debts | 170/4 | €80,000 | €70,000 | -€10,000 | -12.5% |
| Amounts payable within one year | 42/48 | €79,753 | €15,599 | -€64,155 | -80.4% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | €7,990 | €1,547 | -€6,443 | -80.6% |
| Suppliers | 440/4 | €7,990 | €1,547 | -€6,443 | -80.6% |
| Taxes, remuneration and social security | 45 | - | €2,850 | +€2,850 | |
| Taxes | 450/3 | - | €2,850 | +€2,850 | |
| Other amounts payable | 47/48 | €61,763 | €1,201 | -€60,562 | -98.1% |
| Remuneration, social security and pensions | 62 | €6,930 | - | -€6,930 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,204 | €44,260 | -€11,944 | -21.3% |
| Other operating charges | 640/8 | €13,382 | €13,964 | +€583 | +4.4% |
| Gross operating margin | 9900 | €45,367 | €105,802 | +€60,435 | +133.2% |
| Operating profit (loss) | 9901 | -€31,148 | €47,578 | +€78,726 | |
| Financial charges | 65/66B | €172 | €9,608 | +€9,435 | +5472.0% |
| Recurring financial charges | 65 | €172 | €9,608 | +€9,435 | +5472.0% |
| Profit (loss) for the period before taxes | 9903 | -€31,321 | €37,970 | +€69,291 | |
| Transfer from deferred taxes | 780 | €4,563 | €4,563 | = | 0.0% |
| Income taxes | 67/77 | - | €2,850 | +€2,850 | |
| Profit (loss) for the period | 9904 | -€26,758 | €39,683 | +€66,441 | |
| Transfer from tax-exempt reserves | 789 | €8,862 | €8,862 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,896 | €48,545 | +€66,441 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.