DM GREEN PROJECTS: 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 GREEN PROJECTS
Largest movements
- Tangible fixed assets +€52,531
up €52,531 (+15.1%), from €348,236 to €400,766
of which Furniture and vehicles: +€58,942
- Cash +€39,016
up €39,016 (+75.2%), from €51,901 to €90,917
mainly Debts after one year (+€38,949) and Net result for the year (+€36,707)
- Deferred charges and accrued income -€6,578
down €6,578 (-59.6%), from €11,034 to €4,456
- Debts after one year +€38,949
up €38,949 (+16.2%), from €240,388 to €279,337
- Profit (loss) carried forward +€21,723
up €21,723 (+24.2%), from €89,604 to €111,327
- Reserves +€15,000
up €15,000 (+24.7%), from €60,750 to €75,750
of which Distributable reserves: +€15,000
- Current portion of long-term debt +€13,050
up €13,050 (+84.2%), from €15,496 to €28,546
- Tax, wage and social debts -€10,299
down €10,299 (-54.2%), from €18,991 to €8,692
- Gross operating margin +€10,783
up €10,783 (+14.5%), from €74,354 to €85,137
- Depreciation +€2,916
up €2,916 (+11.9%), from €24,474 to €27,390
- Taxes +€2,379
up €2,379 (+19.0%), from €12,546 to €14,925
- Financial charges +€1,011
up €1,011 (+24.6%), from €4,107 to €5,118
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 | €459,233 | €539,681 | +€80,447 | +17.5% |
| Fixed assets | 21/28 | €348,486 | €401,016 | +€52,531 | +15.1% |
| Tangible fixed assets | 22/27 | €348,236 | €400,766 | +€52,531 | +15.1% |
| Land and buildings | 22 | €311,740 | €307,593 | -€4,147 | -1.3% |
| Plant, machinery and equipment | 23 | €10,373 | €8,108 | -€2,265 | -21.8% |
| Furniture and vehicles | 24 | €26,123 | €85,065 | +€58,942 | +226% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €110,747 | €138,664 | +€27,917 | +25.2% |
| Amounts receivable within one year | 40/41 | €47,812 | €43,290 | -€4,522 | -9.5% |
| Trade receivables | 40 | €43,380 | €40,617 | -€2,763 | -6.4% |
| Other amounts receivable | 41 | €4,432 | €2,673 | -€1,759 | -39.7% |
| Cash at bank and in hand | 54/58 | €51,901 | €90,917 | +€39,016 | +75.2% |
| Deferred charges and accrued income | 490/1 | €11,034 | €4,456 | -€6,578 | -59.6% |
| Total equity and liabilities | 10/49 | €459,233 | €539,681 | +€80,447 | +17.5% |
| Equity | 10/15 | €157,854 | €194,577 | +€36,723 | +23.3% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Capital | 10 | €7,500 | €7,500 | = | 0.0% |
| Issued capital | 100 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €60,750 | €75,750 | +€15,000 | +24.7% |
| Non-distributable reserves | 130/1 | €750 | €750 | = | 0.0% |
| Legal reserve | 130 | €750 | €750 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €75,000 | +€15,000 | +25.0% |
| Profit (loss) carried forward | 14 | €89,604 | €111,327 | +€21,723 | +24.2% |
| Amounts payable | 17/49 | €301,380 | €345,104 | +€43,724 | +14.5% |
| Amounts payable after more than one year | 17 | €240,388 | €279,337 | +€38,949 | +16.2% |
| Financial debts | 170/4 | €240,388 | €279,337 | +€38,949 | +16.2% |
| Amounts payable within one year | 42/48 | €60,975 | €65,766 | +€4,791 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €15,496 | €28,546 | +€13,050 | +84.2% |
| Trade debts | 44 | €6,354 | €6,900 | +€546 | +8.6% |
| Suppliers | 440/4 | €6,354 | €6,900 | +€546 | +8.6% |
| Taxes, remuneration and social security | 45 | €18,991 | €8,692 | -€10,299 | -54.2% |
| Taxes | 450/3 | €18,991 | €8,692 | -€10,299 | -54.2% |
| Other amounts payable | 47/48 | €20,135 | €21,628 | +€1,493 | +7.4% |
| Accrued charges and deferred income | 492/3 | €16 | - | -€16 | |
| Non-recurring operating income | 76A | €3,046 | €24,565 | +€21,519 | +706% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,474 | €27,390 | +€2,916 | +11.9% |
| Other operating charges | 640/8 | €1,674 | €1,944 | +€270 | +16.1% |
| Gross operating margin | 9900 | €74,354 | €85,137 | +€10,783 | +14.5% |
| Operating profit (loss) | 9901 | €48,206 | €55,803 | +€7,598 | +15.8% |
| Financial income | 75/76B | €177 | €947 | +€769 | +433% |
| Recurring financial income | 75 | €177 | €947 | +€769 | +433% |
| Financial charges | 65/66B | €4,107 | €5,118 | +€1,011 | +24.6% |
| Recurring financial charges | 65 | €4,107 | €5,118 | +€1,011 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | €44,276 | €51,632 | +€7,356 | +16.6% |
| Income taxes | 67/77 | €12,546 | €14,925 | +€2,379 | +19.0% |
| Profit (loss) for the period | 9904 | €31,730 | €36,707 | +€4,977 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,730 | €36,707 | +€4,977 | +15.7% |
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 19 October 2026 via checked.be.