DM PRODUCTION: 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 PRODUCTION
Largest movements
- Tangible fixed assets -€45,476
down €45,476 (-41.3%), from €109,986 to €64,509
of which Plant, machinery and equipment: -€29,573
- Receivables within one year +€37,737
up €37,737 (+32.3%), from €116,855 to €154,592
of which Trade receivables: +€39,960
- Deferred charges and accrued income -€17,703
down €17,703 (-99.1%), from €17,871 to €168
- Cash -€5,778
down €5,778 (-58.4%), from €9,891 to €4,113
mainly Debts after one year (-€74,028) and Receivables within one year (-€37,737)
- Debts after one year -€74,028
down €74,028 (-43.3%), from €170,833 to €96,806
- Current portion of long-term debt +€74,028
new in 2025: €74,028
- Profit (loss) carried forward -€24,734
down €24,734 (-49.4%), from -€50,058 to -€74,792
- Trade debts -€5,764
down €5,764 (-5.6%), from €102,624 to €96,860
- Other debts +€3,584
new in 2025: €3,584
- Gross operating margin +€28,946
up €28,946 (+1,617%), from €1,791 to €30,737
- Depreciation +€5,133
up €5,133 (+12.5%), from €41,156 to €46,289
- Financial charges -€1,583
down €1,583 (-14.7%), from €10,768 to €9,184
- Other operating charges -€372
down €372 (-48.2%), from €772 to €400
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 | €257,674 | €225,642 | -€32,032 | -12.4% |
| Fixed assets | 21/28 | €113,057 | €66,768 | -€46,289 | -40.9% |
| Intangible fixed assets | 21 | €1,411 | €599 | -€813 | -57.6% |
| Tangible fixed assets | 22/27 | €109,986 | €64,509 | -€45,476 | -41.3% |
| Plant, machinery and equipment | 23 | €76,484 | €46,911 | -€29,573 | -38.7% |
| Furniture and vehicles | 24 | €33,502 | €17,599 | -€15,903 | -47.5% |
| Financial fixed assets | 28 | €1,660 | €1,660 | = | 0.0% |
| Current assets | 29/58 | €144,617 | €158,874 | +€14,257 | +9.9% |
| Amounts receivable within one year | 40/41 | €116,855 | €154,592 | +€37,737 | +32.3% |
| Trade receivables | 40 | €107,011 | €146,972 | +€39,960 | +37.3% |
| Other amounts receivable | 41 | €9,844 | €7,621 | -€2,223 | -22.6% |
| Cash at bank and in hand | 54/58 | €9,891 | €4,113 | -€5,778 | -58.4% |
| Deferred charges and accrued income | 490/1 | €17,871 | €168 | -€17,703 | -99.1% |
| Total equity and liabilities | 10/49 | €257,674 | €225,642 | -€32,032 | -12.4% |
| Equity | 10/15 | -€25,058 | -€49,792 | -€24,734 | -98.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | - | -€25,000 | |
| Issued capital | 100 | €25,000 | - | -€25,000 | |
| Contributions outside capital | 11 | - | €25,000 | +€25,000 | |
| Other | 1109/19 | - | €25,000 | +€25,000 | |
| Profit (loss) carried forward | 14 | -€50,058 | -€74,792 | -€24,734 | -49.4% |
| Amounts payable | 17/49 | €282,732 | €275,433 | -€7,298 | -2.6% |
| Amounts payable after more than one year | 17 | €170,833 | €96,806 | -€74,028 | -43.3% |
| Financial debts | 170/4 | €170,833 | €96,806 | -€74,028 | -43.3% |
| Amounts payable within one year | 42/48 | €111,775 | €178,628 | +€66,853 | +59.8% |
| Current portion of amounts payable after more than one year | 42 | - | €74,028 | +€74,028 | |
| Financial debts | 43 | €2,029 | - | -€2,029 | |
| Credit institutions | 430/8 | €2,029 | - | -€2,029 | |
| Trade debts | 44 | €102,624 | €96,860 | -€5,764 | -5.6% |
| Suppliers | 440/4 | €102,624 | €96,860 | -€5,764 | -5.6% |
| Taxes, remuneration and social security | 45 | €7,122 | €4,156 | -€2,966 | -41.6% |
| Taxes | 450/3 | €7,122 | €4,156 | -€2,966 | -41.6% |
| Other amounts payable | 47/48 | - | €3,584 | +€3,584 | |
| Accrued charges and deferred income | 492/3 | €124 | - | -€124 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,156 | €46,289 | +€5,133 | +12.5% |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | €1,791 | €30,737 | +€28,946 | +1,617% |
| Operating profit (loss) | 9901 | -€40,137 | -€15,952 | +€24,186 | +60.3% |
| Financial income | 75/76B | €219 | €402 | +€183 | +83.8% |
| Recurring financial income | 75 | €219 | €402 | +€183 | +83.8% |
| Financial charges | 65/66B | €10,768 | €9,184 | -€1,583 | -14.7% |
| Recurring financial charges | 65 | €10,768 | €9,184 | -€1,583 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | -€50,686 | -€24,734 | +€25,952 | +51.2% |
| Profit (loss) for the period | 9904 | -€50,686 | -€24,734 | +€25,952 | +51.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,686 | -€24,734 | +€25,952 | +51.2% |
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 15 October 2026 via checked.be.