DM13: what changed
Two fiscal 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.
DM13
Largest movements
- Receivables within one year +€29,933
up €29,933 (+71.3%), from €41,953 to €71,886
of which Trade receivables: +€30,281
- Cash +€13,814
up €13,814 (+41.2%), from €33,501 to €47,315
mainly Other debts (+€39,086) and Net result for the year (+€20,304)
- Tangible fixed assets -€13,710
down €13,710 (-29.5%), from €46,438 to €32,728
of which Furniture and vehicles: -€12,548
- Other debts +€39,086
up €39,086 (+1929.9%), from €2,025 to €41,112
- Reserves -€13,824
down €13,824 (-21.7%), from €63,824 to €50,000
- Debts after one year -€10,600
down €10,600 (-33.3%), from €31,800 to €21,200
- Tax, wage and social debts +€8,763
up €8,763 (+179.2%), from €4,891 to €13,654
- Trade debts +€7,043
up €7,043 (+200.6%), from €3,511 to €10,554
- Gross operating margin +€23,590
up €23,590 (+121.2%), from €19,457 to €43,047
- Taxes +€5,202
up €5,202 (+463.7%), from €1,122 to €6,324
- Depreciation +€616
up €616 (+4.7%), from €13,094 to €13,710
- Financial charges -€610
down €610 (-22.4%), from €2,728 to €2,118
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 | €122,415 | €152,480 | +€30,066 | +24.6% |
| Fixed assets | 21/28 | €46,438 | €32,728 | -€13,710 | -29.5% |
| Tangible fixed assets | 22/27 | €46,438 | €32,728 | -€13,710 | -29.5% |
| Plant, machinery and equipment | 23 | €1,091 | €869 | -€222 | -20.4% |
| Furniture and vehicles | 24 | €41,775 | €29,226 | -€12,548 | -30.0% |
| Other tangible fixed assets | 26 | €3,572 | €2,633 | -€939 | -26.3% |
| Current assets | 29/58 | €75,977 | €119,752 | +€43,775 | +57.6% |
| Amounts receivable within one year | 40/41 | €41,953 | €71,886 | +€29,933 | +71.3% |
| Trade receivables | 40 | €41,605 | €71,886 | +€30,281 | +72.8% |
| Other amounts receivable | 41 | €348 | €0 | -€348 | -100.0% |
| Cash at bank and in hand | 54/58 | €33,501 | €47,315 | +€13,814 | +41.2% |
| Deferred charges and accrued income | 490/1 | €522 | €551 | +€28 | +5.4% |
| Total equity and liabilities | 10/49 | €122,415 | €152,480 | +€30,066 | +24.6% |
| Equity | 10/15 | €67,824 | €54,000 | -€13,824 | -20.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €63,824 | €50,000 | -€13,824 | -21.7% |
| Distributable reserves | 133 | €63,824 | €50,000 | -€13,824 | -21.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €54,591 | €98,480 | +€43,889 | +80.4% |
| Amounts payable after more than one year | 17 | €31,800 | €21,200 | -€10,600 | -33.3% |
| Financial debts | 170/4 | €31,800 | €21,200 | -€10,600 | -33.3% |
| Amounts payable within one year | 42/48 | €21,096 | €76,009 | +€54,913 | +260.3% |
| Current portion of amounts payable after more than one year | 42 | €10,600 | €10,600 | = | 0.0% |
| Financial debts | 43 | €69 | €89 | +€20 | +29.6% |
| Credit institutions | 430/8 | €69 | €89 | +€20 | +29.6% |
| Trade debts | 44 | €3,511 | €10,554 | +€7,043 | +200.6% |
| Suppliers | 440/4 | €3,511 | €10,554 | +€7,043 | +200.6% |
| Taxes, remuneration and social security | 45 | €4,891 | €13,654 | +€8,763 | +179.2% |
| Taxes | 450/3 | €4,891 | €13,654 | +€8,763 | +179.2% |
| Other amounts payable | 47/48 | €2,025 | €41,112 | +€39,086 | +1929.9% |
| Accrued charges and deferred income | 492/3 | €1,695 | €1,271 | -€424 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,094 | €13,710 | +€616 | +4.7% |
| Other operating charges | 640/8 | €640 | €591 | -€48 | -7.6% |
| Gross operating margin | 9900 | €19,457 | €43,047 | +€23,590 | +121.2% |
| Operating profit (loss) | 9901 | €5,723 | €28,746 | +€23,023 | +402.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -25.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -25.0% |
| Financial charges | 65/66B | €2,728 | €2,118 | -€610 | -22.4% |
| Recurring financial charges | 65 | €2,728 | €2,118 | -€610 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €2,996 | €26,629 | +€23,633 | +788.9% |
| Income taxes | 67/77 | €1,122 | €6,324 | +€5,202 | +463.7% |
| Profit (loss) for the period | 9904 | €1,874 | €20,304 | +€18,431 | +983.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,874 | €20,304 | +€18,431 | +983.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.