DMBA: 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.
DMBA
Largest movements
- Tangible fixed assets +€342,008
up €342,008 (+8,832%), from €3,872 to €345,880
of which Land and buildings: +€342,024
- Cash -€101,320
down €101,320 (-73.3%), from €138,163 to €36,843
mainly Investment in fixed assets (net) (-€345,960) and Contributions, distributions and other (-€125,484)
- Deferred charges and accrued income +€20,446
up €20,446 (+48.9%), from €41,821 to €62,267
- Receivables within one year +€13,443
up €13,443 (+49.3%), from €27,290 to €40,733
of which Other amounts receivable: +€15,000
- Debts after one year +€253,730
new in 2025: €253,730
- Other debts -€17,869
down €17,869 (-10.4%), from €171,392 to €153,523
- Accrued charges and deferred income +€15,218
up €15,218 (+122%), from €12,489 to €27,708
- Current portion of long-term debt +€13,990
new in 2025: €13,990
- Tax, wage and social debts +€12,072
up €12,072 (+74.7%), from €16,162 to €28,234
- Other operating charges +€3,600
up €3,600 (+29.8%), from €12,091 to €15,691
- Gross operating margin -€3,147
down €3,147 (-1.6%), from €201,273 to €198,126
- Taxes +€2,965
up €2,965 (+6.6%), from €44,597 to €47,562
- Depreciation +€2,910
up €2,910 (+279%), from €1,042 to €3,952
- Financial charges +€2,766
up €2,766 (+82.1%), from €3,370 to €6,136
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 | €211,146 | €485,723 | +€274,577 | +130% |
| Fixed assets | 21/28 | €3,872 | €345,880 | +€342,008 | +8,832% |
| Tangible fixed assets | 22/27 | €3,872 | €345,880 | +€342,008 | +8,832% |
| Land and buildings | 22 | - | €342,024 | +€342,024 | |
| Furniture and vehicles | 24 | €3,872 | €3,856 | -€16 | -0.4% |
| Current assets | 29/58 | €207,274 | €139,843 | -€67,431 | -32.5% |
| Amounts receivable within one year | 40/41 | €27,290 | €40,733 | +€13,443 | +49.3% |
| Trade receivables | 40 | €27,290 | €25,733 | -€1,558 | -5.7% |
| Other amounts receivable | 41 | €0 | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €138,163 | €36,843 | -€101,320 | -73.3% |
| Deferred charges and accrued income | 490/1 | €41,821 | €62,267 | +€20,446 | +48.9% |
| Total equity and liabilities | 10/49 | €211,146 | €485,723 | +€274,577 | +130% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €206,146 | €480,723 | +€274,577 | +133% |
| Amounts payable after more than one year | 17 | - | €253,730 | +€253,730 | |
| Financial debts | 170/4 | - | €253,730 | +€253,730 | |
| Amounts payable within one year | 42/48 | €193,657 | €199,285 | +€5,628 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | - | €13,990 | +€13,990 | |
| Trade debts | 44 | €6,102 | €3,538 | -€2,565 | -42.0% |
| Suppliers | 440/4 | €6,102 | €3,538 | -€2,565 | -42.0% |
| Taxes, remuneration and social security | 45 | €16,162 | €28,234 | +€12,072 | +74.7% |
| Taxes | 450/3 | €16,162 | €28,234 | +€12,072 | +74.7% |
| Other amounts payable | 47/48 | €171,392 | €153,523 | -€17,869 | -10.4% |
| Accrued charges and deferred income | 492/3 | €12,489 | €27,708 | +€15,218 | +122% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,042 | €3,952 | +€2,910 | +279% |
| Other operating charges | 640/8 | €12,091 | €15,691 | +€3,600 | +29.8% |
| Gross operating margin | 9900 | €201,273 | €198,126 | -€3,147 | -1.6% |
| Operating profit (loss) | 9901 | €188,141 | €178,483 | -€9,657 | -5.1% |
| Financial income | 75/76B | €1,789 | €699 | -€1,091 | -61.0% |
| Recurring financial income | 75 | €1,789 | €699 | -€1,091 | -61.0% |
| Financial charges | 65/66B | €3,370 | €6,136 | +€2,766 | +82.1% |
| Recurring financial charges | 65 | €3,370 | €6,136 | +€2,766 | +82.1% |
| Profit (loss) for the period before taxes | 9903 | €186,560 | €173,046 | -€13,515 | -7.2% |
| Income taxes | 67/77 | €44,597 | €47,562 | +€2,965 | +6.6% |
| Profit (loss) for the period | 9904 | €141,963 | €125,484 | -€16,479 | -11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €141,963 | €125,484 | -€16,479 | -11.6% |
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 20 October 2026 via checked.be.