DI-MASSA: 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.
DI-MASSA
Largest movements
- Current investments -€21,622
no longer reported in 2025 (was €21,622)
- Cash +€18,738
up €18,738 (+398%), from €4,710 to €23,448
mainly Current investments (+€21,622) and Depreciation (+€16,853)
- Tangible fixed assets -€16,853
down €16,853 (-33.3%), from €50,559 to €33,706
- Receivables within one year +€7,260
new in 2025: €7,260
- Other debts -€22,800
down €22,800 (-27.3%), from €83,574 to €60,774
- Profit (loss) carried forward +€9,063
up €9,063 (+1.9%), from -€479,386 to -€470,323
- Tax, wage and social debts +€1,260
new in 2025: €1,260
- Gross operating margin +€5,289
up €5,289 (+20.8%), from €25,388 to €30,677
- Depreciation -€370
down €370 (-2.2%), from €17,224 to €16,853
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 | €76,891 | €64,414 | -€12,477 | -16.2% |
| Fixed assets | 21/28 | €50,559 | €33,706 | -€16,853 | -33.3% |
| Tangible fixed assets | 22/27 | €50,559 | €33,706 | -€16,853 | -33.3% |
| Other tangible fixed assets | 26 | €50,559 | €33,706 | -€16,853 | -33.3% |
| Current assets | 29/58 | €26,332 | €30,708 | +€4,376 | +16.6% |
| Amounts receivable within one year | 40/41 | - | €7,260 | +€7,260 | |
| Trade receivables | 40 | - | €7,260 | +€7,260 | |
| Current investments | 50/53 | €21,622 | - | -€21,622 | |
| Cash at bank and in hand | 54/58 | €4,710 | €23,448 | +€18,738 | +398% |
| Total equity and liabilities | 10/49 | €76,891 | €64,414 | -€12,477 | -16.2% |
| Equity | 10/15 | -€6,682 | €2,381 | +€9,063 | |
| Contributions | 10/11 | €463,003 | €463,003 | = | 0.0% |
| Reserves | 13 | €9,701 | €9,701 | = | 0.0% |
| Distributable reserves | 133 | €9,701 | €9,701 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€479,386 | -€470,323 | +€9,063 | +1.9% |
| Amounts payable | 17/49 | €83,574 | €62,034 | -€21,540 | -25.8% |
| Amounts payable within one year | 42/48 | €83,574 | €62,034 | -€21,540 | -25.8% |
| Taxes, remuneration and social security | 45 | - | €1,260 | +€1,260 | |
| Taxes | 450/3 | - | €1,260 | +€1,260 | |
| Other amounts payable | 47/48 | €83,574 | €60,774 | -€22,800 | -27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,224 | €16,853 | -€370 | -2.2% |
| Other operating charges | 640/8 | €4,609 | €4,774 | +€165 | +3.6% |
| Gross operating margin | 9900 | €25,388 | €30,677 | +€5,289 | +20.8% |
| Operating profit (loss) | 9901 | €3,555 | €9,050 | +€5,494 | +155% |
| Financial income | 75/76B | €117 | €53 | -€64 | -54.6% |
| Recurring financial income | 75 | €117 | €53 | -€64 | -54.6% |
| Financial charges | 65/66B | €26 | €24 | -€2 | -8.3% |
| Recurring financial charges | 65 | €26 | €24 | -€2 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €3,646 | €9,079 | +€5,433 | +149% |
| Income taxes | 67/77 | €35 | €16 | -€19 | -54.4% |
| Profit (loss) for the period | 9904 | €3,611 | €9,063 | +€5,452 | +151% |
| Profit (loss) for the period to be appropriated | 9905 | €3,611 | €9,063 | +€5,452 | +151% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.