DM&P: 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&P
Largest movements
- Cash +€55,939
up €55,939 (+178%), from €31,510 to €87,449
mainly Net result for the year (+€78,163) and Tax, wage and social debts (+€14,323)
- Tangible fixed assets +€41,033
up €41,033 (+32.0%), from €128,250 to €169,283
of which Furniture and vehicles: +€29,705
- Profit (loss) carried forward +€78,163
up €78,163 (+159%), from €49,028 to €127,190
- Tax, wage and social debts +€14,323
up €14,323 (+76.0%), from €18,841 to €33,164
of which Taxes: +€7,202
- Debts after one year -€5,633
down €5,633 (-6.0%), from €94,516 to €88,883
- Trade debts +€4,405
new in 2025: €4,405
- Other debts +€3,508
up €3,508 (+65.6%), from €5,352 to €8,860
- Other operating charges -€19,253
down €19,253 (-96.7%), from €19,918 to €665
- Gross operating margin +€18,870
up €18,870 (+22.3%), from €84,602 to €103,472
- Taxes +€7,000
up €7,000 (+53.8%), from €13,000 to €20,000
- Financial charges +€2,975
up €2,975 (+256%), from €1,163 to €4,138
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 | €175,420 | €270,336 | +€94,915 | +54.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €129,100 | €170,133 | +€41,033 | +31.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €128,250 | €169,283 | +€41,033 | +32.0% |
| Land and buildings | 22 | €128,250 | €128,250 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €11,328 | +€11,328 | |
| Furniture and vehicles | 24 | - | €29,705 | +€29,705 | |
| Financial fixed assets | 28 | €850 | €850 | = | 0.0% |
| Current assets | 29/58 | €46,320 | €100,202 | +€53,882 | +116% |
| Amounts receivable within one year | 40/41 | €14,810 | €12,753 | -€2,057 | -13.9% |
| Trade receivables | 40 | €14,810 | €12,753 | -€2,057 | -13.9% |
| Cash at bank and in hand | 54/58 | €31,510 | €87,449 | +€55,939 | +178% |
| Total equity and liabilities | 10/49 | €175,420 | €270,336 | +€94,915 | +54.1% |
| Equity | 10/15 | €51,228 | €129,390 | +€78,163 | +153% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | - | €2,000 | +€2,000 | |
| Issued capital | 100 | - | €2,000 | +€2,000 | |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Legal reserve | 130 | - | €200 | +€200 | |
| Reserves not available under the articles | 1311 | €200 | - | -€200 | |
| Profit (loss) carried forward | 14 | €49,028 | €127,190 | +€78,163 | +159% |
| Amounts payable | 17/49 | €124,193 | €140,945 | +€16,752 | +13.5% |
| Amounts payable after more than one year | 17 | €94,516 | €88,883 | -€5,633 | -6.0% |
| Financial debts | 170/4 | €94,516 | €88,883 | -€5,633 | -6.0% |
| Amounts payable within one year | 42/48 | €29,676 | €52,062 | +€22,386 | +75.4% |
| Financial debts | 43 | €5,484 | €5,633 | +€150 | +2.7% |
| Credit institutions | 430/8 | €5,484 | €5,633 | +€150 | +2.7% |
| Trade debts | 44 | - | €4,405 | +€4,405 | |
| Suppliers | 440/4 | - | €4,405 | +€4,405 | |
| Taxes, remuneration and social security | 45 | €18,841 | €33,164 | +€14,323 | +76.0% |
| Taxes | 450/3 | €18,841 | €26,042 | +€7,202 | +38.2% |
| Remuneration and social security | 454/9 | - | €7,121 | +€7,121 | |
| Other amounts payable | 47/48 | €5,352 | €8,860 | +€3,508 | +65.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,294 | €507 | -€788 | -60.8% |
| Other operating charges | 640/8 | €19,918 | €665 | -€19,253 | -96.7% |
| Gross operating margin | 9900 | €84,602 | €103,472 | +€18,870 | +22.3% |
| Operating profit (loss) | 9901 | €63,390 | €102,300 | +€38,910 | +61.4% |
| Financial charges | 65/66B | €1,163 | €4,138 | +€2,975 | +256% |
| Recurring financial charges | 65 | €1,163 | €4,138 | +€2,975 | +256% |
| Profit (loss) for the period before taxes | 9903 | €62,228 | €98,163 | +€35,935 | +57.7% |
| Income taxes | 67/77 | €13,000 | €20,000 | +€7,000 | +53.8% |
| Profit (loss) for the period | 9904 | €49,228 | €78,163 | +€28,935 | +58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €49,228 | €78,163 | +€28,935 | +58.8% |
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 13 October 2026 via checked.be.