DMAX: 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.
DMAX
Largest movements
- Receivables within one year -€4,312
down €4,312 (-22.7%), from €19,029 to €14,717
of which Trade receivables: -€15,862
- Cash +€1,769
up €1,769 (+7.2%), from €24,466 to €26,235
mainly Other debts (+€8,000) and Receivables within one year (+€4,312)
- Other debts +€8,000
new in 2025: €8,000
- Profit (loss) carried forward -€6,842
down €6,842 (-33.2%), from €20,628 to €13,786
- Tax, wage and social debts -€3,569
down €3,569 (-22.6%), from €15,798 to €12,228
- Financial charges -€1,712
down €1,712 (-88.3%), from €1,940 to €227
- Gross operating margin +€768
up €768 (+9.6%), from €8,029 to €8,796
- Taxes +€620
up €620 (+19.5%), from €3,183 to €3,803
- Other operating charges +€319
up €319 (+24.8%), from €1,289 to €1,608
- Financial income -€95
down €95 (-100.0%), from €95 to €0
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 | €43,495 | €40,952 | -€2,543 | -5.8% |
| Current assets | 29/58 | €43,495 | €40,952 | -€2,543 | -5.8% |
| Amounts receivable within one year | 40/41 | €19,029 | €14,717 | -€4,312 | -22.7% |
| Trade receivables | 40 | €15,862 | - | -€15,862 | |
| Other amounts receivable | 41 | €3,167 | €14,717 | +€11,550 | +365% |
| Cash at bank and in hand | 54/58 | €24,466 | €26,235 | +€1,769 | +7.2% |
| Total equity and liabilities | 10/49 | €43,495 | €40,952 | -€2,543 | -5.8% |
| Equity | 10/15 | €25,628 | €18,786 | -€6,842 | -26.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,628 | €13,786 | -€6,842 | -33.2% |
| Amounts payable | 17/49 | €17,867 | €22,166 | +€4,299 | +24.1% |
| Amounts payable within one year | 42/48 | €17,867 | €22,166 | +€4,299 | +24.1% |
| Trade debts | 44 | €2,070 | €1,938 | -€132 | -6.4% |
| Suppliers | 440/4 | €2,070 | €1,938 | -€132 | -6.4% |
| Taxes, remuneration and social security | 45 | €15,798 | €12,228 | -€3,569 | -22.6% |
| Taxes | 450/3 | €15,798 | €12,228 | -€3,569 | -22.6% |
| Other amounts payable | 47/48 | - | €8,000 | +€8,000 | |
| Other operating charges | 640/8 | €1,289 | €1,608 | +€319 | +24.8% |
| Gross operating margin | 9900 | €8,029 | €8,796 | +€768 | +9.6% |
| Operating profit (loss) | 9901 | €6,740 | €7,188 | +€448 | +6.6% |
| Financial income | 75/76B | €95 | €0 | -€95 | -100.0% |
| Recurring financial income | 75 | €95 | €0 | -€95 | -100.0% |
| Financial charges | 65/66B | €1,940 | €227 | -€1,712 | -88.3% |
| Recurring financial charges | 65 | €1,940 | €227 | -€1,712 | -88.3% |
| Profit (loss) for the period before taxes | 9903 | €4,896 | €6,961 | +€2,065 | +42.2% |
| Income taxes | 67/77 | €3,183 | €3,803 | +€620 | +19.5% |
| Profit (loss) for the period | 9904 | €1,713 | €3,158 | +€1,445 | +84.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,713 | €3,158 | +€1,445 | +84.3% |
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 13 October 2026 via checked.be.