DM Houtprojecten: 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 Houtprojecten
Largest movements
- Stocks and contracts +€45,724
up €45,724 (+551%), from €8,297 to €54,022
of which Contracts in progress: +€25,000
- Cash +€16,870
up €16,870 (+13.7%), from €123,406 to €140,276
mainly Net result for the year (+€33,962) and Depreciation (+€13,450)
- Tangible fixed assets -€10,841
down €10,841 (-24.1%), from €44,950 to €34,109
of which Furniture and vehicles: -€6,371
- Receivables within one year -€10,767
down €10,767 (-91.3%), from €11,786 to €1,020
of which Trade receivables: -€10,205
- Reserves +€33,962
up €33,962 (+41.6%), from €81,588 to €115,550
- Debts after one year -€13,720
down €13,720 (-42.6%), from €32,211 to €18,491
- Accrued charges and deferred income +€13,132
up €13,132 (+1,359%), from €966 to €14,098
- Tax, wage and social debts -€10,609
down €10,609 (-77.8%), from €13,640 to €3,030
- Trade debts +€7,925
up €7,925 (+1,886%), from €420 to €8,345
- Depreciation +€2,313
up €2,313 (+20.8%), from €11,137 to €13,450
- Gross operating margin +€2,084
up €2,084 (+3.7%), from €56,544 to €58,628
- Financial charges +€624
up €624 (+23.0%), from €2,714 to €3,339
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 | €188,439 | €229,427 | +€40,987 | +21.8% |
| Fixed assets | 21/28 | €44,950 | €34,109 | -€10,841 | -24.1% |
| Tangible fixed assets | 22/27 | €44,950 | €34,109 | -€10,841 | -24.1% |
| Plant, machinery and equipment | 23 | €29,144 | €24,674 | -€4,470 | -15.3% |
| Furniture and vehicles | 24 | €15,806 | €9,436 | -€6,371 | -40.3% |
| Current assets | 29/58 | €143,489 | €195,317 | +€51,828 | +36.1% |
| Stocks and contracts in progress | 3 | €8,297 | €54,022 | +€45,724 | +551% |
| Stocks | 30/36 | €8,297 | €29,022 | +€20,724 | +250% |
| Contracts in progress | 37 | - | €25,000 | +€25,000 | |
| Amounts receivable within one year | 40/41 | €11,786 | €1,020 | -€10,767 | -91.3% |
| Trade receivables | 40 | €11,090 | €885 | -€10,205 | -92.0% |
| Other amounts receivable | 41 | €697 | €135 | -€562 | -80.6% |
| Cash at bank and in hand | 54/58 | €123,406 | €140,276 | +€16,870 | +13.7% |
| Total equity and liabilities | 10/49 | €188,439 | €229,427 | +€40,987 | +21.8% |
| Equity | 10/15 | €82,588 | €116,550 | +€33,962 | +41.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €81,588 | €115,550 | +€33,962 | +41.6% |
| Distributable reserves | 133 | €81,588 | €115,550 | +€33,962 | +41.6% |
| Amounts payable | 17/49 | €105,852 | €112,877 | +€7,025 | +6.6% |
| Amounts payable after more than one year | 17 | €32,211 | €18,491 | -€13,720 | -42.6% |
| Financial debts | 170/4 | €32,211 | €18,491 | -€13,720 | -42.6% |
| Amounts payable within one year | 42/48 | €72,674 | €80,287 | +€7,613 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €13,229 | €17,300 | +€4,071 | +30.8% |
| Trade debts | 44 | €420 | €8,345 | +€7,925 | +1,886% |
| Suppliers | 440/4 | €420 | €8,345 | +€7,925 | +1,886% |
| Taxes, remuneration and social security | 45 | €13,640 | €3,030 | -€10,609 | -77.8% |
| Taxes | 450/3 | €13,640 | €3,030 | -€10,609 | -77.8% |
| Other amounts payable | 47/48 | €45,386 | €51,611 | +€6,226 | +13.7% |
| Accrued charges and deferred income | 492/3 | €966 | €14,098 | +€13,132 | +1,359% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,137 | €13,450 | +€2,313 | +20.8% |
| Other operating charges | 640/8 | €226 | €232 | +€6 | +2.7% |
| Gross operating margin | 9900 | €56,544 | €58,628 | +€2,084 | +3.7% |
| Operating profit (loss) | 9901 | €45,181 | €44,946 | -€235 | -0.5% |
| Financial income | 75/76B | €220 | €803 | +€583 | +264% |
| Recurring financial income | 75 | €220 | €803 | +€583 | +264% |
| Financial charges | 65/66B | €2,714 | €3,339 | +€624 | +23.0% |
| Recurring financial charges | 65 | €2,714 | €3,339 | +€624 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | €42,687 | €42,410 | -€277 | -0.6% |
| Income taxes | 67/77 | €8,338 | €8,449 | +€110 | +1.3% |
| Profit (loss) for the period | 9904 | €34,349 | €33,962 | -€387 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,349 | €33,962 | -€387 | -1.1% |
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 21 October 2026 via checked.be.