DM Arendonk: 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.
DM Arendonk
Largest movements
- Cash +€44,207
up €44,207 (+90.4%), from €48,918 to €93,125
mainly Tax, wage and social debts (+€32,727) and Receivables within one year (+€14,120)
- Receivables within one year -€14,120
down €14,120 (-9.8%), from €144,044 to €129,924
of which Trade receivables: -€21,832
- Tax, wage and social debts +€32,727
up €32,727 (+453%), from €7,218 to €39,945
of which Taxes: +€32,727
- Reserves +€5,853
up €5,853 (+3.6%), from €161,962 to €167,815
of which Distributable reserves: +€5,853
- Current portion of long-term debt -€4,145
down €4,145 (-74.8%), from €5,543 to €1,399
- Gross operating margin -€102,118
down €102,118 (-82.1%), from €124,387 to €22,269
- Taxes -€22,880
down €22,880 (-63.4%), from €36,079 to €13,199
- Staff costs -€7,141
down €7,141 (-100%), from €7,141 to €0
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 | €197,275 | €228,331 | +€31,057 | +15.7% |
| Fixed assets | 21/28 | €3,069 | €4,489 | +€1,420 | +46.3% |
| Tangible fixed assets | 22/27 | €3,069 | €4,489 | +€1,420 | +46.3% |
| Plant, machinery and equipment | 23 | €3,069 | €4,489 | +€1,420 | +46.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €194,206 | €223,842 | +€29,636 | +15.3% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €144,044 | €129,924 | -€14,120 | -9.8% |
| Trade receivables | 40 | €92,714 | €70,882 | -€21,832 | -23.5% |
| Other amounts receivable | 41 | €51,331 | €59,043 | +€7,712 | +15.0% |
| Cash at bank and in hand | 54/58 | €48,918 | €93,125 | +€44,207 | +90.4% |
| Deferred charges and accrued income | 490/1 | €1,244 | €793 | -€451 | -36.2% |
| Total equity and liabilities | 10/49 | €197,275 | €228,331 | +€31,057 | +15.7% |
| Equity | 10/15 | €180,562 | €186,415 | +€5,853 | +3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €161,962 | €167,815 | +€5,853 | +3.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €161,962 | €167,815 | +€5,853 | +3.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €16,713 | €41,916 | +€25,203 | +151% |
| Amounts payable after more than one year | 17 | €1,399 | €0 | -€1,399 | -100% |
| Financial debts | 170/4 | €1,399 | €0 | -€1,399 | -100% |
| Amounts payable within one year | 42/48 | €15,314 | €41,916 | +€26,602 | +174% |
| Current portion of amounts payable after more than one year | 42 | €5,543 | €1,399 | -€4,145 | -74.8% |
| Trade debts | 44 | €2,552 | €572 | -€1,980 | -77.6% |
| Suppliers | 440/4 | €2,552 | €572 | -€1,980 | -77.6% |
| Taxes, remuneration and social security | 45 | €7,218 | €39,945 | +€32,727 | +453% |
| Taxes | 450/3 | €7,218 | €39,945 | +€32,727 | +453% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €72,045 | €0 | -€72,045 | -100% |
| Remuneration, social security and pensions | 62 | €7,141 | €0 | -€7,141 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,547 | €1,380 | -€1,167 | -45.8% |
| Other operating charges | 640/8 | €1,592 | €635 | -€956 | -60.1% |
| Non-recurring operating charges | 66A | - | €901 | +€901 | |
| Gross operating margin | 9900 | €124,387 | €22,269 | -€102,118 | -82.1% |
| Operating profit (loss) | 9901 | €113,106 | €19,352 | -€93,754 | -82.9% |
| Financial income | 75/76B | €520 | €1,047 | +€527 | +101% |
| Recurring financial income | 75 | €520 | €1,047 | +€527 | +101% |
| Financial charges | 65/66B | €1,104 | €1,347 | +€243 | +22.0% |
| Recurring financial charges | 65 | €1,104 | €1,347 | +€243 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €112,523 | €19,052 | -€93,470 | -83.1% |
| Income taxes | 67/77 | €36,079 | €13,199 | -€22,880 | -63.4% |
| Profit (loss) for the period | 9904 | €76,444 | €5,853 | -€70,590 | -92.3% |
| Profit (loss) for the period to be appropriated | 9905 | €76,444 | €5,853 | -€70,590 | -92.3% |
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 27 October 2026 via checked.be.