DHAMAN: 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.
DHAMAN
Largest movements
- Receivables within one year +€22,789
up €22,789 (+2.3%), from €995,687 to €1.0m
of which Trade receivables: +€23,322
- Cash -€22,156
down €22,156 (-31.5%), from €70,409 to €48,252
mainly Receivables within one year (-€22,789) and Other debts (-€9,373)
- Tangible fixed assets -€13,729
down €13,729 (-15.4%), from €88,884 to €75,155
No liability line moved by more than 1% of the balance sheet total.
- Depreciation -€5,011
down €5,011 (-26.7%), from €18,740 to €13,729
- Gross operating margin +€2,315
up €2,315 (+13.7%), from €16,947 to €19,262
- Other operating charges -€526
down €526 (-16.1%), from €3,270 to €2,744
- Financial charges -€272
down €272 (-67.9%), from €400 to €128
- Taxes -€203
down €203 (-9.8%), from €2,066 to €1,864
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 | €1,160,615 | €1,147,519 | -€13,096 | -1.1% |
| Fixed assets | 21/28 | €88,884 | €75,155 | -€13,729 | -15.4% |
| Tangible fixed assets | 22/27 | €88,884 | €75,155 | -€13,729 | -15.4% |
| Land and buildings | 22 | €70,137 | €63,388 | -€6,749 | -9.6% |
| Plant, machinery and equipment | 23 | €16,101 | €11,767 | -€4,334 | -26.9% |
| Furniture and vehicles | 24 | €2,646 | €0 | -€2,646 | -100% |
| Current assets | 29/58 | €1,071,731 | €1,072,364 | +€633 | +0.1% |
| Amounts receivable within one year | 40/41 | €995,687 | €1,018,476 | +€22,789 | +2.3% |
| Trade receivables | 40 | €983,803 | €1,007,125 | +€23,322 | +2.4% |
| Other amounts receivable | 41 | €11,884 | €11,352 | -€533 | -4.5% |
| Current investments | 50/53 | €5,635 | €5,635 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €70,409 | €48,252 | -€22,156 | -31.5% |
| Total equity and liabilities | 10/49 | €1,160,615 | €1,147,519 | -€13,096 | -1.1% |
| Equity | 10/15 | €1,136,714 | €1,137,510 | +€797 | +0.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €12,395 | €12,395 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,062,819 | €1,063,616 | +€797 | +0.1% |
| Amounts payable | 17/49 | €23,901 | €10,008 | -€13,893 | -58.1% |
| Amounts payable within one year | 42/48 | €23,901 | €10,008 | -€13,893 | -58.1% |
| Trade debts | 44 | €4,520 | - | -€4,520 | |
| Suppliers | 440/4 | €4,520 | - | -€4,520 | |
| Other amounts payable | 47/48 | €19,381 | €10,008 | -€9,373 | -48.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,740 | €13,729 | -€5,011 | -26.7% |
| Other operating charges | 640/8 | €3,270 | €2,744 | -€526 | -16.1% |
| Gross operating margin | 9900 | €16,947 | €19,262 | +€2,315 | +13.7% |
| Operating profit (loss) | 9901 | -€5,063 | €2,788 | +€7,852 | |
| Financial income | 75/76B | €100 | €1 | -€99 | -99.4% |
| Recurring financial income | 75 | €100 | €1 | -€99 | -99.4% |
| Financial charges | 65/66B | €400 | €128 | -€272 | -67.9% |
| Recurring financial charges | 65 | €400 | €128 | -€272 | -67.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,364 | €2,661 | +€8,024 | |
| Income taxes | 67/77 | €2,066 | €1,864 | -€203 | -9.8% |
| Profit (loss) for the period | 9904 | -€7,430 | €797 | +€8,227 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,430 | €797 | +€8,227 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.