DM TRADING: 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 TRADING
Largest movements
- Receivables within one year -€37,556
down €37,556 (-74.1%), from €50,684 to €13,128
of which Other amounts receivable: -€43,727
- Tangible fixed assets -€22,054
down €22,054 (-24.3%), from €90,935 to €68,881
- Cash +€9,736
up €9,736 (+807.7%), from €1,205 to €10,942
mainly Receivables within one year (+€37,556) and Depreciation (+€22,054)
- Profit (loss) carried forward -€49,090
down €49,090, from €20,015 to -€29,074
- Gross operating margin -€51,221
down €51,221, from €23,856 to -€27,366
- Depreciation +€2,719
up €2,719 (+14.1%), from €19,335 to €22,054
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 | €193,578 | €145,356 | -€48,222 | -24.9% |
| Fixed assets | 21/28 | €90,935 | €68,881 | -€22,054 | -24.3% |
| Tangible fixed assets | 22/27 | €90,935 | €68,881 | -€22,054 | -24.3% |
| Furniture and vehicles | 24 | €90,935 | €68,881 | -€22,054 | -24.3% |
| Current assets | 29/58 | €102,642 | €76,475 | -€26,168 | -25.5% |
| Amounts receivable after more than one year | 29 | €47,092 | €47,101 | +€10 | 0.0% |
| Other amounts receivable | 291 | €47,092 | €47,101 | +€10 | 0.0% |
| Amounts receivable within one year | 40/41 | €50,684 | €13,128 | -€37,556 | -74.1% |
| Trade receivables | 40 | - | €6,171 | +€6,171 | |
| Other amounts receivable | 41 | €50,684 | €6,957 | -€43,727 | -86.3% |
| Cash at bank and in hand | 54/58 | €1,205 | €10,942 | +€9,736 | +807.7% |
| Deferred charges and accrued income | 490/1 | €3,661 | €5,304 | +€1,643 | +44.9% |
| Total equity and liabilities | 10/49 | €193,578 | €145,356 | -€48,222 | -24.9% |
| Equity | 10/15 | €88,215 | €39,126 | -€49,090 | -55.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,015 | -€29,074 | -€49,090 | |
| Amounts payable | 17/49 | €105,362 | €106,230 | +€868 | +0.8% |
| Amounts payable within one year | 42/48 | €105,362 | €106,230 | +€868 | +0.8% |
| Trade debts | 44 | €307 | €1,175 | +€868 | +282.7% |
| Suppliers | 440/4 | €307 | €1,175 | +€868 | +282.7% |
| Other amounts payable | 47/48 | €105,055 | €105,055 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,335 | €22,054 | +€2,719 | +14.1% |
| Other operating charges | 640/8 | €863 | €924 | +€61 | +7.1% |
| Gross operating margin | 9900 | €23,856 | -€27,366 | -€51,221 | |
| Operating profit (loss) | 9901 | €3,658 | -€50,344 | -€54,001 | |
| Financial income | 75/76B | €1,334 | €1,334 | = | 0.0% |
| Recurring financial income | 75 | €1,334 | €1,334 | = | 0.0% |
| Financial charges | 65/66B | €79 | €80 | +€1 | +1.4% |
| Recurring financial charges | 65 | €79 | €80 | +€1 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €4,913 | -€49,090 | -€54,003 | |
| Profit (loss) for the period | 9904 | €4,913 | -€49,090 | -€54,003 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,913 | -€49,090 | -€54,003 |
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 10 October 2026 via checked.be.