DM SHAPE: 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 SHAPE
Largest movements
- Cash -€10,432
down €10,432 (-100.0%), from €10,432 to €0
mainly Investment in fixed assets (net) (-€11,232) and Net result for the year (-€10,550)
- Tangible fixed assets +€4,672
up €4,672 (+18.5%), from €25,230 to €29,901
- Receivables within one year +€2,545
up €2,545 (+36.2%), from €7,038 to €9,583
- Other debts +€17,128
up €17,128 (+30.7%), from €55,748 to €72,876
- Profit (loss) carried forward -€10,550
down €10,550 (-46.2%), from -€22,854 to -€33,403
- Trade debts -€9,560
down €9,560 (-100.0%), from €9,560 to €0
- Depreciation +€5,531
up €5,531 (+537.4%), from €1,029 to €6,561
- Gross operating margin -€2,503
down €2,503 (-251.9%), from -€994 to -€3,497
- Other operating charges -€82
down €82 (-16.4%), from €499 to €417
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.
Cash bridge derived
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 | €43,699 | €40,484 | -€3,215 | -7.4% |
| Fixed assets | 21/28 | €26,230 | €30,901 | +€4,672 | +17.8% |
| Tangible fixed assets | 22/27 | €25,230 | €29,901 | +€4,672 | +18.5% |
| Furniture and vehicles | 24 | €25,230 | €29,901 | +€4,672 | +18.5% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €17,470 | €9,583 | -€7,887 | -45.1% |
| Amounts receivable within one year | 40/41 | €7,038 | €9,583 | +€2,545 | +36.2% |
| Other amounts receivable | 41 | €7,038 | €9,583 | +€2,545 | +36.2% |
| Cash at bank and in hand | 54/58 | €10,432 | €0 | -€10,432 | -100.0% |
| Total equity and liabilities | 10/49 | €43,699 | €40,484 | -€3,215 | -7.4% |
| Equity | 10/15 | -€21,854 | -€32,403 | -€10,550 | -48.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,854 | -€33,403 | -€10,550 | -46.2% |
| Amounts payable | 17/49 | €65,553 | €72,887 | +€7,334 | +11.2% |
| Amounts payable within one year | 42/48 | €65,553 | €72,887 | +€7,334 | +11.2% |
| Financial debts | 43 | - | €11 | +€11 | |
| Credit institutions | 430/8 | - | €11 | +€11 | |
| Trade debts | 44 | €9,560 | €0 | -€9,560 | -100.0% |
| Suppliers | 440/4 | €9,560 | €0 | -€9,560 | -100.0% |
| Taxes, remuneration and social security | 45 | €245 | €0 | -€245 | -100.0% |
| Taxes | 450/3 | €245 | €0 | -€245 | -100.0% |
| Other amounts payable | 47/48 | €55,748 | €72,876 | +€17,128 | +30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,029 | €6,561 | +€5,531 | +537.4% |
| Other operating charges | 640/8 | €499 | €417 | -€82 | -16.4% |
| Gross operating margin | 9900 | -€994 | -€3,497 | -€2,503 | -251.9% |
| Operating profit (loss) | 9901 | -€2,522 | -€10,475 | -€7,952 | -315.3% |
| Financial charges | 65/66B | €52 | €75 | +€23 | +44.8% |
| Recurring financial charges | 65 | €52 | €75 | +€23 | +44.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,574 | -€10,550 | -€7,976 | -309.9% |
| Profit (loss) for the period | 9904 | -€2,574 | -€10,550 | -€7,976 | -309.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,574 | -€10,550 | -€7,976 | -309.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.