DharmIC: 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.
DharmIC
Largest movements
- Receivables within one year +€15,169
up €15,169 (+137.1%), from €11,063 to €26,232
of which Trade receivables: +€13,362
- Tangible fixed assets -€5,301
down €5,301 (-44.7%), from €11,867 to €6,566
of which Leasing and similar rights: -€4,341
- Cash -€5,214
down €5,214 (-11.0%), from €47,196 to €41,983
mainly Contributions, distributions and other (-€19,985) and Receivables within one year (-€15,169)
- Other debts +€9,654
up €9,654 (+88.9%), from €10,861 to €20,514
- Current portion of long-term debt -€4,611
down €4,611 (-100.0%), from €4,611 to €0
- Trade debts -€1,485
down €1,485 (-68.3%), from €2,175 to €691
- Tax, wage and social debts +€1,133
up €1,133 (+27.7%), from €4,097 to €5,230
- Gross operating margin +€4,959
up €4,959 (+17.4%), from €28,570 to €33,529
- Taxes +€610
up €610 (+10.9%), from €5,596 to €6,206
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 | €70,345 | €75,035 | +€4,691 | +6.7% |
| Fixed assets | 21/28 | €11,867 | €6,566 | -€5,301 | -44.7% |
| Tangible fixed assets | 22/27 | €11,867 | €6,566 | -€5,301 | -44.7% |
| Land and buildings | 22 | €6,257 | €5,691 | -€566 | -9.0% |
| Furniture and vehicles | 24 | €1,268 | €874 | -€394 | -31.1% |
| Leasing and similar rights | 25 | €4,341 | €0 | -€4,341 | -100.0% |
| Current assets | 29/58 | €58,478 | €68,470 | +€9,992 | +17.1% |
| Amounts receivable within one year | 40/41 | €11,063 | €26,232 | +€15,169 | +137.1% |
| Trade receivables | 40 | €9,075 | €22,437 | +€13,362 | +147.2% |
| Other amounts receivable | 41 | €1,988 | €3,794 | +€1,806 | +90.9% |
| Cash at bank and in hand | 54/58 | €47,196 | €41,983 | -€5,214 | -11.0% |
| Deferred charges and accrued income | 490/1 | €219 | €255 | +€37 | +16.7% |
| Total equity and liabilities | 10/49 | €70,345 | €75,035 | +€4,691 | +6.7% |
| Equity | 10/15 | €48,600 | €48,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €28,140 | €28,140 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €21,745 | €26,435 | +€4,691 | +21.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €21,745 | €26,435 | +€4,691 | +21.6% |
| Current portion of amounts payable after more than one year | 42 | €4,611 | €0 | -€4,611 | -100.0% |
| Trade debts | 44 | €2,175 | €691 | -€1,485 | -68.3% |
| Suppliers | 440/4 | €2,175 | €691 | -€1,485 | -68.3% |
| Taxes, remuneration and social security | 45 | €4,097 | €5,230 | +€1,133 | +27.7% |
| Taxes | 450/3 | €4,097 | €5,230 | +€1,133 | +27.7% |
| Other amounts payable | 47/48 | €10,861 | €20,514 | +€9,654 | +88.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,498 | €5,680 | +€182 | +3.3% |
| Other operating charges | 640/8 | €1,114 | €1,253 | +€139 | +12.5% |
| Gross operating margin | 9900 | €28,570 | €33,529 | +€4,959 | +17.4% |
| Operating profit (loss) | 9901 | €21,958 | €26,596 | +€4,638 | +21.1% |
| Financial income | 75/76B | €24 | €0 | -€24 | -100.0% |
| Recurring financial income | 75 | €24 | €0 | -€24 | -100.0% |
| Financial charges | 65/66B | €525 | €405 | -€120 | -22.8% |
| Recurring financial charges | 65 | €525 | €405 | -€120 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €21,457 | €26,191 | +€4,734 | +22.1% |
| Income taxes | 67/77 | €5,596 | €6,206 | +€610 | +10.9% |
| Profit (loss) for the period | 9904 | €15,861 | €19,985 | +€4,125 | +26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,861 | €19,985 | +€4,125 | +26.0% |
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 6 October 2026 via checked.be.