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DFAM: 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

DFAM

BE 0671.851.890
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€5,702
2024 · €232,725-€238,426
Equity
€340,073
2024 · €345,775-€5,702
Cash
€339,627
2024 · €345,115-€5,488
Balance sheet total
€340,073
2024 · €346,350-€6,277

Largest movements

2024 to 2025
Assets
  • Cash -€5,488

    down €5,488 (-1.6%), from €345,115 to €339,627

    mainly Net result for the year (-€5,702) and Tax, wage and social debts (-€575)

Equity and liabilities
  • Reserves -€5,702

    down €5,702 (-1.7%), from €327,175 to €321,473

Income statement
  • Financial income -€318,146

    down €318,146 (-100.0%), from €318,168 to €22

  • Taxes -€77,575

    no longer reported in 2025 (was €77,575)

  • Gross operating margin +€2,159

    up €2,159 (+29.5%), from -€7,318 to -€5,159

From the 2024 result to the 2025 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 2024 €232,725
Gross operating margin +€2,159
Other operating charges -€14
Financial income -€318,146
Taxes +€77,575
Result 2025 -€5,702

Cash bridge derived

cash 2024 to 2025

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.

From operations -€5,488
Investment €0
Financing €0
Cash 2024 €345,115
Net result for the year -€5,702
Receivables within one year +€789
Tax, wage and social debts -€575
Cash 2025 €339,627
Every line side by side 25 lines
Line Code 2024 2025 Change %
Total assets 20/58 €346,350 €340,073 -€6,277 -1.8%
Current assets 29/58 €346,350 €340,073 -€6,277 -1.8%
Amounts receivable within one year 40/41 €1,235 €446 -€789 -63.9%
Other amounts receivable 41 €1,235 €446 -€789 -63.9%
Cash at bank and in hand 54/58 €345,115 €339,627 -€5,488 -1.6%
Total equity and liabilities 10/49 €346,350 €340,073 -€6,277 -1.8%
Equity 10/15 €345,775 €340,073 -€5,702 -1.6%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €327,175 €321,473 -€5,702 -1.7%
Distributable reserves 133 €327,175 €321,473 -€5,702 -1.7%
Amounts payable 17/49 €575 - -€575
Amounts payable within one year 42/48 €575 - -€575
Taxes, remuneration and social security 45 €575 - -€575
Taxes 450/3 €575 - -€575
Other operating charges 640/8 €505 €520 +€14 +2.8%
Gross operating margin 9900 -€7,318 -€5,159 +€2,159 +29.5%
Operating profit (loss) 9901 -€7,824 -€5,679 +€2,145 +27.4%
Financial income 75/76B €318,168 €22 -€318,146 -100.0%
Recurring financial income 75 €318,168 €22 -€318,146 -100.0%
Financial charges 65/66B €45 €45 = 0.0%
Recurring financial charges 65 €45 €45 = 0.0%
Profit (loss) for the period before taxes 9903 €310,300 -€5,702 -€316,001
Income taxes 67/77 €77,575 - -€77,575
Profit (loss) for the period 9904 €232,725 -€5,702 -€238,426
Profit (loss) for the period to be appropriated 9905 €232,725 -€5,702 -€238,426

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.