DM-Home: 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-Home
Largest movements
- Stocks and contracts +€184,189
new in 2025: €184,189
- Cash +€21,039
up €21,039 (+107%), from €19,638 to €40,677
mainly Debts after one year (+€137,026) and Other debts (+€62,271)
- Receivables within one year +€11,779
up €11,779 (+153%), from €7,715 to €19,495
of which Trade receivables: +€10,650
- Tangible fixed assets -€7,925
down €7,925 (-11.1%), from €71,102 to €63,177
of which Furniture and vehicles: -€7,569
- Debts after one year +€137,026
up €137,026 (+697%), from €19,650 to €156,675
- Other debts +€62,271
up €62,271 (+307%), from €20,281 to €82,552
- Reserves +€5,298
up €5,298 (+29.0%), from €18,261 to €23,559
- Tax, wage and social debts +€3,792
up €3,792 (+59.9%), from €6,333 to €10,125
- Gross operating margin +€15,630
up €15,630 (+278%), from €5,621 to €21,251
- Depreciation +€6,606
up €6,606 (+501%), from €1,319 to €7,925
- Taxes -€660
down €660 (-15.3%), from €4,316 to €3,655
- Financial charges +€637
up €637 (+28.9%), from €2,201 to €2,838
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 | €98,597 | €307,720 | +€209,123 | +212% |
| Fixed assets | 21/28 | €71,103 | €63,177 | -€7,925 | -11.1% |
| Intangible fixed assets | 21 | €1 | €1 | -€0 | -14.9% |
| Tangible fixed assets | 22/27 | €71,102 | €63,177 | -€7,925 | -11.1% |
| Plant, machinery and equipment | 23 | €164 | €0 | -€164 | -100% |
| Furniture and vehicles | 24 | €69,208 | €61,638 | -€7,569 | -10.9% |
| Other tangible fixed assets | 26 | €1,730 | €1,539 | -€192 | -11.1% |
| Current assets | 29/58 | €27,495 | €244,543 | +€217,048 | +789% |
| Stocks and contracts in progress | 3 | - | €184,189 | +€184,189 | |
| Stocks | 30/36 | - | €184,189 | +€184,189 | |
| Amounts receivable within one year | 40/41 | €7,715 | €19,495 | +€11,779 | +153% |
| Trade receivables | 40 | €7,500 | €18,150 | +€10,650 | +142% |
| Other amounts receivable | 41 | €215 | €1,345 | +€1,129 | +524% |
| Cash at bank and in hand | 54/58 | €19,638 | €40,677 | +€21,039 | +107% |
| Deferred charges and accrued income | 490/1 | €141 | €182 | +€40 | +28.6% |
| Total equity and liabilities | 10/49 | €98,597 | €307,720 | +€209,123 | +212% |
| Equity | 10/15 | €38,261 | €43,559 | +€5,298 | +13.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €18,261 | €23,559 | +€5,298 | +29.0% |
| Distributable reserves | 133 | €18,261 | €23,559 | +€5,298 | +29.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €60,336 | €264,161 | +€203,825 | +338% |
| Amounts payable after more than one year | 17 | €19,650 | €156,675 | +€137,026 | +697% |
| Financial debts | 170/4 | €19,650 | €156,675 | +€137,026 | +697% |
| Amounts payable within one year | 42/48 | €40,085 | €106,634 | +€66,549 | +166% |
| Current portion of amounts payable after more than one year | 42 | €12,489 | €12,974 | +€486 | +3.9% |
| Trade debts | 44 | €982 | €983 | +€1 | +0.1% |
| Suppliers | 440/4 | €982 | €983 | +€1 | +0.1% |
| Taxes, remuneration and social security | 45 | €6,333 | €10,125 | +€3,792 | +59.9% |
| Taxes | 450/3 | €6,333 | €10,125 | +€3,792 | +59.9% |
| Other amounts payable | 47/48 | €20,281 | €82,552 | +€62,271 | +307% |
| Accrued charges and deferred income | 492/3 | €602 | €852 | +€250 | +41.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,319 | €7,925 | +€6,606 | +501% |
| Other operating charges | 640/8 | €1,611 | €1,534 | -€77 | -4.8% |
| Gross operating margin | 9900 | €5,621 | €21,251 | +€15,630 | +278% |
| Operating profit (loss) | 9901 | €2,691 | €11,791 | +€9,100 | +338% |
| Financial income | 75/76B | €25 | €0 | -€25 | -100% |
| Recurring financial income | 75 | €25 | €0 | -€25 | -100% |
| Financial charges | 65/66B | €2,201 | €2,838 | +€637 | +28.9% |
| Recurring financial charges | 65 | €2,201 | €2,838 | +€637 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €515 | €8,953 | +€8,439 | +1,640% |
| Income taxes | 67/77 | €4,316 | €3,655 | -€660 | -15.3% |
| Profit (loss) for the period | 9904 | -€3,801 | €5,298 | +€9,099 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,801 | €5,298 | +€9,099 |
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.