DM RENOV: 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 RENOV
Largest movements
- Receivables within one year +€6,121
up €6,121 (+25.7%), from €23,795 to €29,916
of which Other amounts receivable: +€12,823
- Tangible fixed assets -€2,666
down €2,666 (-83.7%), from €3,185 to €519
- Cash +€1,532
up €1,532 (+48.9%), from €3,131 to €4,663
mainly Net result for the year (+€6,405) and Tax, wage and social debts (+€4,556)
- Profit (loss) carried forward +€6,405
up €6,405 (+45.2%), from €14,168 to €20,573
- Advances received -€6,200
no longer reported in 2025 (was €6,200)
- Tax, wage and social debts +€4,556
up €4,556 (+160%), from €2,849 to €7,406
- Gross operating margin +€5,432
up €5,432 (+109%), from €4,997 to €10,430
- Other operating charges -€1,011
down €1,011 (-90.8%), from €1,113 to €102
- Taxes +€1,007
new in 2025: €1,007
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 | €30,112 | €35,098 | +€4,987 | +16.6% |
| Fixed assets | 21/28 | €3,185 | €519 | -€2,666 | -83.7% |
| Tangible fixed assets | 22/27 | €3,185 | €519 | -€2,666 | -83.7% |
| Furniture and vehicles | 24 | €3,185 | €519 | -€2,666 | -83.7% |
| Current assets | 29/58 | €26,926 | €34,579 | +€7,653 | +28.4% |
| Amounts receivable within one year | 40/41 | €23,795 | €29,916 | +€6,121 | +25.7% |
| Trade receivables | 40 | €12,104 | €5,401 | -€6,702 | -55.4% |
| Other amounts receivable | 41 | €11,692 | €24,515 | +€12,823 | +110% |
| Cash at bank and in hand | 54/58 | €3,131 | €4,663 | +€1,532 | +48.9% |
| Total equity and liabilities | 10/49 | €30,112 | €35,098 | +€4,987 | +16.6% |
| Equity | 10/15 | €16,168 | €22,573 | +€6,405 | +39.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,168 | €20,573 | +€6,405 | +45.2% |
| Amounts payable | 17/49 | €13,944 | €12,525 | -€1,418 | -10.2% |
| Amounts payable within one year | 42/48 | €13,944 | €12,525 | -€1,418 | -10.2% |
| Trade debts | 44 | €4,895 | €5,120 | +€225 | +4.6% |
| Suppliers | 440/4 | €4,895 | €5,120 | +€225 | +4.6% |
| Advances received on contracts in progress | 46 | €6,200 | - | -€6,200 | |
| Taxes, remuneration and social security | 45 | €2,849 | €7,406 | +€4,556 | +160% |
| Taxes | 450/3 | €2,849 | €7,406 | +€4,556 | +160% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,667 | €2,666 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,113 | €102 | -€1,011 | -90.8% |
| Gross operating margin | 9900 | €4,997 | €10,430 | +€5,432 | +109% |
| Operating profit (loss) | 9901 | €1,218 | €7,662 | +€6,443 | +529% |
| Financial charges | 65/66B | €225 | €249 | +€25 | +11.0% |
| Recurring financial charges | 65 | €225 | €249 | +€25 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €994 | €7,412 | +€6,419 | +646% |
| Income taxes | 67/77 | - | €1,007 | +€1,007 | |
| Profit (loss) for the period | 9904 | €994 | €6,405 | +€5,412 | +545% |
| Profit (loss) for the period to be appropriated | 9905 | €994 | €6,405 | +€5,412 | +545% |
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 23 October 2026 via checked.be.