DKM: 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.
DKM
Largest movements
- Receivables within one year +€1.5m
up €1.5m (+42.6%), from €3.6m to €5.2m
of which Other amounts receivable: +€1.5m
- Cash -€1.4m
down €1.4m (-65.2%), from €2.1m to €728,092
mainly Contributions, distributions and other (-€1.9m) and Receivables within one year (-€1.5m)
- Other debts +€1.1m
up €1.1m (+52.5%), from €2.0m to €3.1m
- Advances received -€252,430
down €252,430 (-17.1%), from €1.5m to €1.2m
- Profit (loss) carried forward -€250,195
down €250,195 (-15.9%), from €1.6m to €1.3m
- Trade debts -€231,316
down €231,316 (-55.9%), from €413,637 to €182,321
- Current portion of long-term debt -€200,000
down €200,000 (-100.0%), from €200,000 to €0
- Staff costs +€307,067
up €307,067 (+32.9%), from €933,387 to €1.2m
- Write-downs -€232,881
down €232,881, from €96,131 to -€136,750
- Taxes -€157,223
down €157,223 (-27.0%), from €581,603 to €424,380
- Other operating charges +€136,654
up €136,654 (+3110.2%), from €4,394 to €141,048
- Financial charges +€54,061
up €54,061 (+51.4%), from €105,130 to €159,191
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 | €5,939,405 | €6,116,678 | +€177,272 | +3.0% |
| Fixed assets | 21/28 | €9,529 | €2,164 | -€7,365 | -77.3% |
| Tangible fixed assets | 22/27 | €8,393 | €1,028 | -€7,365 | -87.8% |
| Plant, machinery and equipment | 23 | €8,393 | €1,028 | -€7,365 | -87.8% |
| Financial fixed assets | 28 | €1,136 | €1,136 | = | 0.0% |
| Current assets | 29/58 | €5,929,877 | €6,114,514 | +€184,637 | +3.1% |
| Amounts receivable within one year | 40/41 | €3,636,187 | €5,184,610 | +€1.5m | +42.6% |
| Trade receivables | 40 | €2,449,211 | €2,517,418 | +€68,207 | +2.8% |
| Other amounts receivable | 41 | €1,186,976 | €2,667,191 | +€1.5m | +124.7% |
| Cash at bank and in hand | 54/58 | €2,093,822 | €728,092 | -€1.4m | -65.2% |
| Deferred charges and accrued income | 490/1 | €199,868 | €201,812 | +€1,945 | +1.0% |
| Total equity and liabilities | 10/49 | €5,939,405 | €6,116,678 | +€177,272 | +3.0% |
| Equity | 10/15 | €1,743,299 | €1,493,104 | -€250,195 | -14.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €146,370 | €146,370 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,370 | €23,370 | = | 0.0% |
| Reserves not available under the articles | 1311 | €23,370 | €23,370 | = | 0.0% |
| Distributable reserves | 133 | €123,000 | €123,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,578,329 | €1,328,134 | -€250,195 | -15.9% |
| Amounts payable | 17/49 | €4,196,106 | €4,623,573 | +€427,467 | +10.2% |
| Amounts payable within one year | 42/48 | €4,193,356 | €4,610,061 | +€416,705 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €200,000 | €0 | -€200,000 | -100.0% |
| Trade debts | 44 | €413,637 | €182,321 | -€231,316 | -55.9% |
| Suppliers | 440/4 | €413,637 | €182,321 | -€231,316 | -55.9% |
| Advances received on contracts in progress | 46 | €1,479,097 | €1,226,667 | -€252,430 | -17.1% |
| Taxes, remuneration and social security | 45 | €100,621 | €150,216 | +€49,595 | +49.3% |
| Taxes | 450/3 | €0 | €19,269 | +€19,269 | |
| Remuneration and social security | 454/9 | €100,621 | €130,947 | +€30,326 | +30.1% |
| Other amounts payable | 47/48 | €2,000,000 | €3,050,856 | +€1.1m | +52.5% |
| Accrued charges and deferred income | 492/3 | €2,750 | €13,513 | +€10,763 | +391.4% |
| Non-recurring operating income | 76A | €163 | €0 | -€163 | -100.0% |
| Remuneration, social security and pensions | 62 | €933,387 | €1,240,454 | +€307,067 | +32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,389 | €7,365 | -€24 | -0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €96,131 | -€136,750 | -€232,881 | |
| Other operating charges | 640/8 | €4,394 | €141,048 | +€136,654 | +3110.2% |
| Gross operating margin | 9900 | €3,406,422 | €3,374,424 | -€31,998 | -0.9% |
| Operating profit (loss) | 9901 | €2,365,121 | €2,122,307 | -€242,814 | -10.3% |
| Financial income | 75/76B | €25,274 | €61,069 | +€35,795 | +141.6% |
| Recurring financial income | 75 | €25,274 | €61,069 | +€35,795 | +141.6% |
| Financial charges | 65/66B | €105,130 | €159,191 | +€54,061 | +51.4% |
| Recurring financial charges | 65 | €105,130 | €159,191 | +€54,061 | +51.4% |
| Profit (loss) for the period before taxes | 9903 | €2,285,265 | €2,024,185 | -€261,080 | -11.4% |
| Income taxes | 67/77 | €581,603 | €424,380 | -€157,223 | -27.0% |
| Profit (loss) for the period | 9904 | €1,703,663 | €1,599,805 | -€103,858 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,703,663 | €1,599,805 | -€103,858 | -6.1% |
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 4 October 2026 via checked.be.