DM PROJET: 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 PROJET
Largest movements
- Stocks and contracts -€475,399
down €475,399 (-60.9%), from €780,924 to €305,525
- Cash +€194,873
up €194,873 (+3675.0%), from €5,303 to €200,176
mainly Stocks and contracts (+€475,399) and Trade debts (+€211,636)
- Tangible fixed assets -€52,180
down €52,180 (-2.8%), from €1.8m to €1.8m
- Other debts -€450,000
down €450,000 (-10.8%), from €4.2m to €3.7m
- Short-term financial debts -€257,122
down €257,122 (-100.0%), from €257,122 to €0
- Trade debts +€211,636
up €211,636 (+1336.1%), from €15,840 to €227,475
- Accrued charges and deferred income +€91,624
up €91,624 (+73.4%), from €124,898 to €216,522
- Profit (loss) carried forward +€65,692
up €65,692, from -€44,496 to €21,196
- Gross operating margin +€134,971
up €134,971 (+123.3%), from €109,427 to €244,398
- Financial income -€34,457
down €34,457 (-96.1%), from €35,861 to €1,404
- Financial charges -€22,680
down €22,680 (-18.1%), from €124,998 to €102,318
- Other operating charges +€18,232
up €18,232 (+18071.5%), from €101 to €18,333
- Taxes +€7,279
new in 2024: €7,279
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,542,195 | €4,211,303 | -€330,892 | -7.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €3,445,356 | €3,393,176 | -€52,180 | -1.5% |
| Tangible fixed assets | 22/27 | €1,849,968 | €1,797,788 | -€52,180 | -2.8% |
| Land and buildings | 22 | €1,849,968 | €1,797,788 | -€52,180 | -2.8% |
| Financial fixed assets | 28 | €1,595,387 | €1,595,387 | = | 0.0% |
| Current assets | 29/58 | €1,096,840 | €818,128 | -€278,712 | -25.4% |
| Amounts receivable after more than one year | 29 | €265,270 | €265,270 | = | 0.0% |
| Trade receivables | 290 | €265,270 | €265,270 | = | 0.0% |
| Stocks and contracts in progress | 3 | €780,924 | €305,525 | -€475,399 | -60.9% |
| Stocks | 30/36 | €780,924 | €305,525 | -€475,399 | -60.9% |
| Amounts receivable within one year | 40/41 | €43,964 | €46,143 | +€2,179 | +5.0% |
| Trade receivables | 40 | €2,140 | €0 | -€2,140 | -100.0% |
| Other amounts receivable | 41 | €41,824 | €46,143 | +€4,319 | +10.3% |
| Cash at bank and in hand | 54/58 | €5,303 | €200,176 | +€194,873 | +3675.0% |
| Deferred charges and accrued income | 490/1 | €1,380 | €1,015 | -€365 | -26.5% |
| Total equity and liabilities | 10/49 | €4,542,195 | €4,211,303 | -€330,892 | -7.3% |
| Equity | 10/15 | -€24,496 | €41,196 | +€65,692 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,496 | €21,196 | +€65,692 | |
| Amounts payable | 17/49 | €4,566,691 | €4,170,107 | -€396,584 | -8.7% |
| Amounts payable after more than one year | 17 | €4,500 | €4,500 | = | 0.0% |
| Other amounts payable | 178/9 | €4,500 | €4,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,437,293 | €3,949,085 | -€488,208 | -11.0% |
| Financial debts | 43 | €257,122 | €0 | -€257,122 | -100.0% |
| Credit institutions | 430/8 | €257,122 | €0 | -€257,122 | -100.0% |
| Trade debts | 44 | €15,840 | €227,475 | +€211,636 | +1336.1% |
| Suppliers | 440/4 | €15,840 | €227,475 | +€211,636 | +1336.1% |
| Taxes, remuneration and social security | 45 | - | €7,279 | +€7,279 | |
| Taxes | 450/3 | - | €7,279 | +€7,279 | |
| Other amounts payable | 47/48 | €4,164,331 | €3,714,331 | -€450,000 | -10.8% |
| Accrued charges and deferred income | 492/3 | €124,898 | €216,522 | +€91,624 | +73.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,939 | €52,180 | +€1,241 | +2.4% |
| Other operating charges | 640/8 | €101 | €18,333 | +€18,232 | +18071.5% |
| Gross operating margin | 9900 | €109,427 | €244,398 | +€134,971 | +123.3% |
| Operating profit (loss) | 9901 | €58,387 | €173,885 | +€115,497 | +197.8% |
| Financial income | 75/76B | €35,861 | €1,404 | -€34,457 | -96.1% |
| Recurring financial income | 75 | €35,861 | €1,404 | -€34,457 | -96.1% |
| Financial charges | 65/66B | €124,998 | €102,318 | -€22,680 | -18.1% |
| Recurring financial charges | 65 | €124,998 | €102,318 | -€22,680 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | -€30,750 | €72,971 | +€103,720 | |
| Income taxes | 67/77 | - | €7,279 | +€7,279 | |
| Profit (loss) for the period | 9904 | -€30,750 | €65,692 | +€96,441 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,750 | €65,692 | +€96,441 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.