DM-Skills: 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-Skills
Largest movements
- Cash +€11,927
up €11,927 (+31.2%), from €38,173 to €50,100
mainly Net result for the year (+€50,306) and Other debts (+€10,950)
- Deferred charges and accrued income +€4,515
up €4,515 (+287%), from €1,575 to €6,090
- Tangible fixed assets -€2,479
down €2,479 (-25.5%), from €9,725 to €7,246
of which Land and buildings: -€1,243
- Other debts +€10,950
up €10,950 (+29.9%), from €36,641 to €47,591
- Profit (loss) carried forward +€10,306
up €10,306 (+9,511%), from €108 to €10,414
- Trade debts -€9,956
down €9,956 (-88.8%), from €11,213 to €1,257
- Short-term financial debts +€1,752
up €1,752 (+59.0%), from €2,971 to €4,723
- Accrued charges and deferred income +€1,026
up €1,026 (+131%), from €785 to €1,811
- Gross operating margin +€38,232
up €38,232 (+105%), from €36,387 to €74,619
- Taxes +€7,960
up €7,960 (+116%), from €6,855 to €14,816
- Financial charges -€882
down €882 (-22.7%), from €3,889 to €3,007
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 | €81,476 | €95,838 | +€14,362 | +17.6% |
| Fixed assets | 21/28 | €9,725 | €7,246 | -€2,479 | -25.5% |
| Tangible fixed assets | 22/27 | €9,725 | €7,246 | -€2,479 | -25.5% |
| Land and buildings | 22 | €6,142 | €4,899 | -€1,243 | -20.2% |
| Furniture and vehicles | 24 | €3,583 | €2,347 | -€1,236 | -34.5% |
| Current assets | 29/58 | €71,751 | €88,592 | +€16,842 | +23.5% |
| Amounts receivable within one year | 40/41 | €32,002 | €32,401 | +€399 | +1.2% |
| Trade receivables | 40 | €30,108 | €30,323 | +€215 | +0.7% |
| Other amounts receivable | 41 | €1,895 | €2,079 | +€184 | +9.7% |
| Cash at bank and in hand | 54/58 | €38,173 | €50,100 | +€11,927 | +31.2% |
| Deferred charges and accrued income | 490/1 | €1,575 | €6,090 | +€4,515 | +287% |
| Total equity and liabilities | 10/49 | €81,476 | €95,838 | +€14,362 | +17.6% |
| Equity | 10/15 | €18,658 | €28,964 | +€10,306 | +55.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108 | €10,414 | +€10,306 | +9,511% |
| Amounts payable | 17/49 | €62,817 | €66,874 | +€4,056 | +6.5% |
| Amounts payable within one year | 42/48 | €62,032 | €65,063 | +€3,030 | +4.9% |
| Financial debts | 43 | €2,971 | €4,723 | +€1,752 | +59.0% |
| Credit institutions | 430/8 | €2,971 | €4,723 | +€1,752 | +59.0% |
| Trade debts | 44 | €11,213 | €1,257 | -€9,956 | -88.8% |
| Suppliers | 440/4 | €11,213 | €1,257 | -€9,956 | -88.8% |
| Taxes, remuneration and social security | 45 | €11,207 | €11,492 | +€285 | +2.5% |
| Taxes | 450/3 | €6,257 | €7,192 | +€935 | +14.9% |
| Remuneration and social security | 454/9 | €4,950 | €4,300 | -€650 | -13.1% |
| Other amounts payable | 47/48 | €36,641 | €47,591 | +€10,950 | +29.9% |
| Accrued charges and deferred income | 492/3 | €785 | €1,811 | +€1,026 | +131% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,195 | €4,286 | +€91 | +2.2% |
| Other operating charges | 640/8 | €2,340 | €2,204 | -€135 | -5.8% |
| Gross operating margin | 9900 | €36,387 | €74,619 | +€38,232 | +105% |
| Operating profit (loss) | 9901 | €29,852 | €68,129 | +€38,277 | +128% |
| Financial income | 75/76B | €6 | €0 | -€6 | -100% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -100% |
| Financial charges | 65/66B | €3,889 | €3,007 | -€882 | -22.7% |
| Recurring financial charges | 65 | €3,889 | €3,007 | -€882 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €25,969 | €65,122 | +€39,153 | +151% |
| Income taxes | 67/77 | €6,855 | €14,816 | +€7,960 | +116% |
| Profit (loss) for the period | 9904 | €19,114 | €50,306 | +€31,192 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €19,114 | €50,306 | +€31,192 | +163% |
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 30 October 2026 via checked.be.