DMC: 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.
DMC
Largest movements
- Cash +€32,160
up €32,160 (+22.5%), from €142,782 to €174,942
mainly Other debts (+€58,409) and Trade debts (+€49,137)
- Tangible fixed assets +€26,536
up €26,536 (+4.2%), from €629,086 to €655,622
of which Furniture and vehicles: +€42,088
- Other debts +€58,409
up €58,409 (+823.3%), from €7,094 to €65,504
- Trade debts +€49,137
new in 2025: €49,137
- Debts after one year -€45,898
down €45,898 (-21.8%), from €210,211 to €164,312
of which Financial debts: -€45,898
- Tax, wage and social debts +€26,295
up €26,295 (+1632.3%), from €1,611 to €27,906
- Profit (loss) carried forward -€20,498
down €20,498 (-21.3%), from €96,352 to €75,854
- Depreciation +€11,438
up €11,438 (+46.0%), from €24,869 to €36,308
- Other operating charges +€3,561
up €3,561 (+123.4%), from €2,886 to €6,448
- Taxes +€2,957
up €2,957 (+16.4%), from €18,043 to €21,000
- Gross operating margin +€1,288
up €1,288 (+1.2%), from €112,000 to €113,288
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 | €825,674 | €887,243 | +€61,569 | +7.5% |
| Fixed assets | 21/28 | €629,111 | €655,647 | +€26,536 | +4.2% |
| Tangible fixed assets | 22/27 | €629,086 | €655,622 | +€26,536 | +4.2% |
| Land and buildings | 22 | €614,401 | €599,320 | -€15,081 | -2.5% |
| Plant, machinery and equipment | 23 | €3,575 | €3,242 | -€333 | -9.3% |
| Furniture and vehicles | 24 | €10,557 | €52,645 | +€42,088 | +398.7% |
| Other tangible fixed assets | 26 | €553 | €415 | -€138 | -25.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €196,562 | €231,596 | +€35,034 | +17.8% |
| Amounts receivable within one year | 40/41 | €51,820 | €55,104 | +€3,284 | +6.3% |
| Trade receivables | 40 | €51,820 | €49,104 | -€2,716 | -5.2% |
| Other amounts receivable | 41 | - | €6,000 | +€6,000 | |
| Cash at bank and in hand | 54/58 | €142,782 | €174,942 | +€32,160 | +22.5% |
| Deferred charges and accrued income | 490/1 | €1,961 | €1,551 | -€410 | -20.9% |
| Total equity and liabilities | 10/49 | €825,674 | €887,243 | +€61,569 | +7.5% |
| Equity | 10/15 | €554,634 | €534,136 | -€20,498 | -3.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €445,882 | €445,882 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €44,022 | €44,022 | = | 0.0% |
| Distributable reserves | 133 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,352 | €75,854 | -€20,498 | -21.3% |
| Amounts payable | 17/49 | €271,040 | €353,108 | +€82,067 | +30.3% |
| Amounts payable after more than one year | 17 | €210,211 | €164,312 | -€45,898 | -21.8% |
| Financial debts | 170/4 | €208,571 | €162,672 | -€45,898 | -22.0% |
| Other amounts payable | 178/9 | €1,640 | €1,640 | = | 0.0% |
| Amounts payable within one year | 42/48 | €60,829 | €188,795 | +€127,966 | +210.4% |
| Current portion of amounts payable after more than one year | 42 | €50,230 | €45,898 | -€4,332 | -8.6% |
| Financial debts | 43 | €1,894 | €350 | -€1,544 | -81.5% |
| Credit institutions | 430/8 | €1,894 | €350 | -€1,544 | -81.5% |
| Trade debts | 44 | - | €49,137 | +€49,137 | |
| Suppliers | 440/4 | - | €49,137 | +€49,137 | |
| Taxes, remuneration and social security | 45 | €1,611 | €27,906 | +€26,295 | +1632.3% |
| Taxes | 450/3 | €1,611 | €27,906 | +€26,295 | +1632.3% |
| Other amounts payable | 47/48 | €7,094 | €65,504 | +€58,409 | +823.3% |
| Non-recurring operating income | 76A | - | €31,040 | +€31,040 | |
| Remuneration, social security and pensions | 62 | €250 | €706 | +€456 | +182.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,869 | €36,308 | +€11,438 | +46.0% |
| Other operating charges | 640/8 | €2,886 | €6,448 | +€3,561 | +123.4% |
| Gross operating margin | 9900 | €112,000 | €113,288 | +€1,288 | +1.2% |
| Operating profit (loss) | 9901 | €83,994 | €69,827 | -€14,167 | -16.9% |
| Financial income | 75/76B | €1,223 | €401 | -€821 | -67.2% |
| Recurring financial income | 75 | €1,223 | €401 | -€821 | -67.2% |
| Financial charges | 65/66B | €5,791 | €4,726 | -€1,065 | -18.4% |
| Recurring financial charges | 65 | €5,791 | €4,726 | -€1,065 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €79,426 | €65,502 | -€13,924 | -17.5% |
| Income taxes | 67/77 | €18,043 | €21,000 | +€2,957 | +16.4% |
| Profit (loss) for the period | 9904 | €61,383 | €44,502 | -€16,881 | -27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €61,383 | €44,502 | -€16,881 | -27.5% |
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 7 October 2026 via checked.be.