DM LUX: 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 LUX
Largest movements
- Receivables within one year +€16,798
up €16,798 (+383%), from €4,381 to €21,178
of which Other amounts receivable: +€9,601
- Tangible fixed assets +€3,752
up €3,752 (+8.7%), from €42,887 to €46,639
- Cash -€1,737
down €1,737 (-25.5%), from €6,819 to €5,082
mainly Net result for the year (-€37,466) and Receivables within one year (-€16,798)
- Profit (loss) carried forward -€37,466
down €37,466 (-102%), from -€36,768 to -€74,234
- Other debts +€24,681
up €24,681 (+50.7%), from €48,728 to €73,409
- Trade debts +€23,031
up €23,031 (+196%), from €11,732 to €34,763
- Tax, wage and social debts +€8,567
up €8,567 (+267%), from €3,208 to €11,775
of which Remuneration and social security: +€7,919
- Gross operating margin -€28,860
down €28,860 (-83.4%), from €34,584 to €5,724
- Other operating charges +€12,894
up €12,894 (+405%), from €3,187 to €16,082
- Depreciation -€6,460
down €6,460 (-88.8%), from €7,277 to €817
- Staff costs +€2,451
up €2,451 (+38.5%), from €6,368 to €8,820
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 | €54,086 | €72,900 | +€18,813 | +34.8% |
| Fixed assets | 21/28 | €42,887 | €46,639 | +€3,752 | +8.7% |
| Tangible fixed assets | 22/27 | €42,887 | €46,639 | +€3,752 | +8.7% |
| Furniture and vehicles | 24 | €42,887 | €46,639 | +€3,752 | +8.7% |
| Current assets | 29/58 | €11,200 | €26,261 | +€15,061 | +134% |
| Amounts receivable within one year | 40/41 | €4,381 | €21,178 | +€16,798 | +383% |
| Trade receivables | 40 | - | €7,197 | +€7,197 | |
| Other amounts receivable | 41 | €4,381 | €13,982 | +€9,601 | +219% |
| Cash at bank and in hand | 54/58 | €6,819 | €5,082 | -€1,737 | -25.5% |
| Total equity and liabilities | 10/49 | €54,086 | €72,900 | +€18,813 | +34.8% |
| Equity | 10/15 | -€9,582 | -€47,048 | -€37,466 | -391% |
| Contributions | 10/11 | €13,854 | €13,854 | = | 0.0% |
| Reserves | 13 | €13,333 | €13,333 | = | 0.0% |
| Distributable reserves | 133 | €13,333 | €13,333 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,768 | -€74,234 | -€37,466 | -102% |
| Amounts payable | 17/49 | €63,668 | €119,947 | +€56,279 | +88.4% |
| Amounts payable within one year | 42/48 | €63,668 | €119,947 | +€56,279 | +88.4% |
| Trade debts | 44 | €11,732 | €34,763 | +€23,031 | +196% |
| Suppliers | 440/4 | €11,732 | €34,763 | +€23,031 | +196% |
| Taxes, remuneration and social security | 45 | €3,208 | €11,775 | +€8,567 | +267% |
| Taxes | 450/3 | €1,833 | €2,481 | +€648 | +35.4% |
| Remuneration and social security | 454/9 | €1,375 | €9,294 | +€7,919 | +576% |
| Other amounts payable | 47/48 | €48,728 | €73,409 | +€24,681 | +50.7% |
| Remuneration, social security and pensions | 62 | €6,368 | €8,820 | +€2,451 | +38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,277 | €817 | -€6,460 | -88.8% |
| Other operating charges | 640/8 | €3,187 | €16,082 | +€12,894 | +405% |
| Non-recurring operating charges | 66A | €5,263 | €17,113 | +€11,850 | +225% |
| Gross operating margin | 9900 | €34,584 | €5,724 | -€28,860 | -83.4% |
| Operating profit (loss) | 9901 | €12,489 | -€37,107 | -€49,596 | |
| Financial charges | 65/66B | €437 | €359 | -€77 | -17.7% |
| Recurring financial charges | 65 | €437 | €359 | -€77 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €12,052 | -€37,466 | -€49,518 | |
| Profit (loss) for the period | 9904 | €12,052 | -€37,466 | -€49,518 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,052 | -€37,466 | -€49,518 |
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 18 October 2026 via checked.be.