DM PRODUCTS: 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 PRODUCTS
Largest movements
- Receivables within one year -€4,444
down €4,444 (-46.1%), from €9,631 to €5,187
of which Other amounts receivable: -€4,656
- Cash -€3,319
down €3,319 (-48.0%), from €6,921 to €3,602
- Deferred charges and accrued income -€941
no longer reported in 2025 (was €941)
- Other debts +€42,102
up €42,102 (+10.0%), from €420,471 to €462,573
- Profit (loss) carried forward -€26,040
down €26,040 (-6.8%), from -€383,068 to -€409,108
- Trade debts -€24,941
down €24,941 (-84.3%), from €29,590 to €4,649
- Gross operating margin +€108,012
up €108,012 (+90.3%), from -€119,647 to -€11,635
- Other operating charges +€3,172
up €3,172 (+575%), from €551 to €3,723
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,593 | €76,890 | -€8,703 | -10.2% |
| Current assets | 29/58 | €85,593 | €76,890 | -€8,703 | -10.2% |
| Stocks and contracts in progress | 3 | €68,100 | €68,100 | = | 0.0% |
| Stocks | 30/36 | €68,100 | €68,100 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,631 | €5,187 | -€4,444 | -46.1% |
| Trade receivables | 40 | €4,975 | €5,187 | +€212 | +4.3% |
| Other amounts receivable | 41 | €4,656 | - | -€4,656 | |
| Cash at bank and in hand | 54/58 | €6,921 | €3,602 | -€3,319 | -48.0% |
| Deferred charges and accrued income | 490/1 | €941 | - | -€941 | |
| Total equity and liabilities | 10/49 | €85,593 | €76,890 | -€8,703 | -10.2% |
| Equity | 10/15 | -€364,468 | -€390,508 | -€26,040 | -7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€383,068 | -€409,108 | -€26,040 | -6.8% |
| Amounts payable | 17/49 | €450,061 | €467,397 | +€17,337 | +3.9% |
| Amounts payable within one year | 42/48 | €450,061 | €467,397 | +€17,337 | +3.9% |
| Trade debts | 44 | €29,590 | €4,649 | -€24,941 | -84.3% |
| Suppliers | 440/4 | €29,590 | €4,649 | -€24,941 | -84.3% |
| Taxes, remuneration and social security | 45 | - | €176 | +€176 | |
| Taxes | 450/3 | - | €176 | +€176 | |
| Other amounts payable | 47/48 | €420,471 | €462,573 | +€42,102 | +10.0% |
| Non-recurring operating income | 76A | - | €2,715 | +€2,715 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €551 | €3,723 | +€3,172 | +575% |
| Gross operating margin | 9900 | -€119,647 | -€11,635 | +€108,012 | +90.3% |
| Operating profit (loss) | 9901 | -€120,198 | -€15,358 | +€104,840 | +87.2% |
| Financial income | 75/76B | - | €447 | +€447 | |
| Recurring financial income | 75 | - | €447 | +€447 | |
| Financial charges | 65/66B | €102 | €987 | +€885 | +868% |
| Recurring financial charges | 65 | €102 | €987 | +€885 | +868% |
| Profit (loss) for the period before taxes | 9903 | -€120,300 | -€15,899 | +€104,402 | +86.8% |
| Income taxes | 67/77 | - | €176 | +€176 | |
| Profit (loss) for the period | 9904 | -€120,300 | -€16,075 | +€104,226 | +86.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€120,300 | -€16,075 | +€104,226 | +86.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 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.