DMB 1: 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.
DMB 1
Largest movements
- Stocks and contracts -€26,335
down €26,335 (-17.5%), from €150,840 to €124,506
- Cash +€7,332
up €7,332 (+51.3%), from €14,289 to €21,621
mainly Stocks and contracts (+€26,335) and Debts after one year (+€8,980)
- Tangible fixed assets -€2,834
down €2,834 (-18.8%), from €15,104 to €12,269
of which Plant, machinery and equipment: -€2,204
- Deferred charges and accrued income -€2,071
down €2,071 (-13.5%), from €15,297 to €13,227
- Profit (loss) carried forward -€32,646
down €32,646 (-98.8%), from -€33,034 to -€65,680
- Debts after one year +€8,980
new in 2025: €8,980
- Current portion of long-term debt +€7,491
up €7,491 (+100%), from €7,460 to €14,951
- Trade debts -€7,478
down €7,478 (-21.0%), from €35,558 to €28,081
- Other operating charges -€4,893
down €4,893 (-42.6%), from €11,478 to €6,585
- Staff costs +€3,058
up €3,058 (+9.6%), from €31,947 to €35,005
- Financial income -€2,812
down €2,812 (-41.4%), from €6,785 to €3,974
- Gross operating margin +€1,974
up €1,974 (+16.8%), from €11,742 to €13,716
- Depreciation +€338
up €338 (+8.8%), from €3,852 to €4,190
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 | €199,368 | €174,982 | -€24,385 | -12.2% |
| Fixed assets | 21/28 | €17,062 | €13,728 | -€3,334 | -19.5% |
| Intangible fixed assets | 21 | €1,958 | €1,458 | -€500 | -25.5% |
| Tangible fixed assets | 22/27 | €15,104 | €12,269 | -€2,834 | -18.8% |
| Plant, machinery and equipment | 23 | €10,376 | €8,172 | -€2,204 | -21.2% |
| Furniture and vehicles | 24 | €4,727 | €4,097 | -€630 | -13.3% |
| Current assets | 29/58 | €182,306 | €161,255 | -€21,051 | -11.5% |
| Stocks and contracts in progress | 3 | €150,840 | €124,506 | -€26,335 | -17.5% |
| Stocks | 30/36 | €150,840 | €124,506 | -€26,335 | -17.5% |
| Amounts receivable within one year | 40/41 | €1,880 | €1,902 | +€22 | +1.2% |
| Trade receivables | 40 | €28 | - | -€28 | |
| Other amounts receivable | 41 | €1,852 | €1,902 | +€49 | +2.7% |
| Cash at bank and in hand | 54/58 | €14,289 | €21,621 | +€7,332 | +51.3% |
| Deferred charges and accrued income | 490/1 | €15,297 | €13,227 | -€2,071 | -13.5% |
| Total equity and liabilities | 10/49 | €199,368 | €174,982 | -€24,385 | -12.2% |
| Equity | 10/15 | €113,738 | €81,092 | -€32,646 | -28.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €128,172 | €128,172 | = | 0.0% |
| Distributable reserves | 133 | €128,172 | €128,172 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,034 | -€65,680 | -€32,646 | -98.8% |
| Amounts payable | 17/49 | €85,629 | €93,890 | +€8,261 | +9.6% |
| Amounts payable after more than one year | 17 | - | €8,980 | +€8,980 | |
| Financial debts | 170/4 | - | €8,980 | +€8,980 | |
| Amounts payable within one year | 42/48 | €85,411 | €84,910 | -€500 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €7,460 | €14,951 | +€7,491 | +100% |
| Trade debts | 44 | €35,558 | €28,081 | -€7,478 | -21.0% |
| Suppliers | 440/4 | €35,558 | €28,081 | -€7,478 | -21.0% |
| Taxes, remuneration and social security | 45 | €20,213 | €19,496 | -€717 | -3.5% |
| Taxes | 450/3 | €14,328 | €15,673 | +€1,346 | +9.4% |
| Remuneration and social security | 454/9 | €5,885 | €3,822 | -€2,062 | -35.0% |
| Other amounts payable | 47/48 | €22,179 | €22,382 | +€203 | +0.9% |
| Accrued charges and deferred income | 492/3 | €219 | - | -€219 | |
| Remuneration, social security and pensions | 62 | €31,947 | €35,005 | +€3,058 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,852 | €4,190 | +€338 | +8.8% |
| Other operating charges | 640/8 | €11,478 | €6,585 | -€4,893 | -42.6% |
| Gross operating margin | 9900 | €11,742 | €13,716 | +€1,974 | +16.8% |
| Operating profit (loss) | 9901 | -€35,535 | -€32,064 | +€3,471 | +9.8% |
| Financial income | 75/76B | €6,785 | €3,974 | -€2,812 | -41.4% |
| Recurring financial income | 75 | €6,785 | €3,974 | -€2,812 | -41.4% |
| Financial charges | 65/66B | €4,111 | €4,378 | +€267 | +6.5% |
| Recurring financial charges | 65 | €4,111 | €4,378 | +€267 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | -€32,861 | -€32,468 | +€393 | +1.2% |
| Income taxes | 67/77 | €172 | €178 | +€6 | +3.3% |
| Profit (loss) for the period | 9904 | -€33,034 | -€32,646 | +€387 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,034 | -€32,646 | +€387 | +1.2% |
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 16 October 2026 via checked.be.