DIMARS: 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.
DIMARS
Largest movements
- Tangible fixed assets -€33,867
down €33,867 (-15.7%), from €216,392 to €182,525
of which Plant, machinery and equipment: -€27,100
- Stocks and contracts -€32,657
down €32,657 (-33.2%), from €98,248 to €65,591
- Receivables within one year -€8,972
down €8,972 (-73.4%), from €12,219 to €3,247
of which Trade receivables: -€9,678
- Cash +€3,646
up €3,646 (+111.4%), from €3,272 to €6,918
mainly Depreciation (+€48,950) and Stocks and contracts (+€32,657)
- Debts after one year -€32,423
down €32,423 (-28.6%), from €113,417 to €80,994
- Reserves -€23,787
down €23,787 (-71.7%), from €33,155 to €9,368
of which Distributable reserves: -€22,953
- Short-term financial debts -€12,419
no longer reported in 2025 (was €12,419)
- Current portion of long-term debt -€10,000
down €10,000 (-23.6%), from €42,423 to €32,423
- Trade debts +€6,428
up €6,428 (+41.7%), from €15,430 to €21,858
- Gross operating margin -€22,036
down €22,036 (-41.6%), from €52,973 to €30,937
- Depreciation -€5,096
down €5,096 (-9.4%), from €54,046 to €48,950
- Financial charges +€2,581
up €2,581 (+78.7%), from €3,281 to €5,862
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 | €332,761 | €259,368 | -€73,393 | -22.1% |
| Fixed assets | 21/28 | €216,517 | €182,650 | -€33,867 | -15.6% |
| Tangible fixed assets | 22/27 | €216,392 | €182,525 | -€33,867 | -15.7% |
| Land and buildings | 22 | €89,433 | €82,840 | -€6,593 | -7.4% |
| Plant, machinery and equipment | 23 | €126,785 | €99,685 | -€27,100 | -21.4% |
| Furniture and vehicles | 24 | €174 | - | -€174 | |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €116,244 | €76,718 | -€39,527 | -34.0% |
| Stocks and contracts in progress | 3 | €98,248 | €65,591 | -€32,657 | -33.2% |
| Stocks | 30/36 | €98,248 | €65,591 | -€32,657 | -33.2% |
| Amounts receivable within one year | 40/41 | €12,219 | €3,247 | -€8,972 | -73.4% |
| Trade receivables | 40 | €10,296 | €618 | -€9,678 | -94.0% |
| Other amounts receivable | 41 | €1,923 | €2,629 | +€706 | +36.7% |
| Cash at bank and in hand | 54/58 | €3,272 | €6,918 | +€3,646 | +111.4% |
| Deferred charges and accrued income | 490/1 | €2,505 | €962 | -€1,544 | -61.6% |
| Total equity and liabilities | 10/49 | €332,761 | €259,368 | -€73,393 | -22.1% |
| Equity | 10/15 | €97,275 | €73,214 | -€24,061 | -24.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €33,155 | €9,368 | -€23,787 | -71.7% |
| Non-distributable reserves | 130/1 | €3,825 | €3,825 | = | 0.0% |
| Legal reserve | 130 | €3,825 | €3,825 | = | 0.0% |
| Tax-exempt reserves | 132 | €833 | - | -€833 | |
| Distributable reserves | 133 | €28,496 | €5,543 | -€22,953 | -80.5% |
| Investment grants | 15 | €2,120 | €1,846 | -€274 | -12.9% |
| Provisions and deferred taxes | 16 | €429 | - | -€429 | |
| Deferred taxes | 168 | €429 | - | -€429 | |
| Amounts payable | 17/49 | €235,057 | €186,153 | -€48,903 | -20.8% |
| Amounts payable after more than one year | 17 | €113,417 | €80,994 | -€32,423 | -28.6% |
| Financial debts | 170/4 | €113,417 | €80,994 | -€32,423 | -28.6% |
| Amounts payable within one year | 42/48 | €121,640 | €105,159 | -€16,481 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €42,423 | €32,423 | -€10,000 | -23.6% |
| Financial debts | 43 | €12,419 | - | -€12,419 | |
| Credit institutions | 430/8 | €12,419 | - | -€12,419 | |
| Trade debts | 44 | €15,430 | €21,858 | +€6,428 | +41.7% |
| Suppliers | 440/4 | €15,430 | €21,858 | +€6,428 | +41.7% |
| Taxes, remuneration and social security | 45 | €58 | - | -€58 | |
| Taxes | 450/3 | €58 | - | -€58 | |
| Other amounts payable | 47/48 | €51,311 | €50,879 | -€432 | -0.8% |
| Non-recurring operating income | 76A | €1,326 | €14,051 | +€12,725 | +959.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,046 | €48,950 | -€5,096 | -9.4% |
| Other operating charges | 640/8 | €1,000 | €616 | -€384 | -38.4% |
| Gross operating margin | 9900 | €52,973 | €30,937 | -€22,036 | -41.6% |
| Operating profit (loss) | 9901 | -€2,073 | -€18,629 | -€16,556 | -798.7% |
| Financial income | 75/76B | €279 | €275 | -€4 | -1.3% |
| Recurring financial income | 75 | €279 | €275 | -€4 | -1.3% |
| Financial charges | 65/66B | €3,281 | €5,862 | +€2,581 | +78.7% |
| Recurring financial charges | 65 | €3,281 | €5,862 | +€2,581 | +78.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,075 | -€24,216 | -€19,141 | -377.2% |
| Transfer from deferred taxes | 780 | €1,806 | €429 | -€1,377 | -76.3% |
| Income taxes | 67/77 | €58 | - | -€58 | |
| Profit (loss) for the period | 9904 | -€3,327 | -€23,787 | -€20,460 | -615.1% |
| Transfer from tax-exempt reserves | 789 | €3,506 | €833 | -€2,673 | -76.2% |
| Profit (loss) for the period to be appropriated | 9905 | €180 | -€22,953 | -€23,133 |
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 11 October 2026 via checked.be.