DMD: 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.
DMD
Largest movements
- Receivables within one year +€310,301
up €310,301 (+112%), from €276,937 to €587,238
of which Trade receivables: +€263,708
- Cash -€98,079
down €98,079 (-91.4%), from €107,335 to €9,256
mainly Receivables within one year (-€310,301) and Tax, wage and social debts (-€21,424)
- Tangible fixed assets -€15,697
down €15,697 (-26.5%), from €59,324 to €43,627
- Trade debts +€90,042
up €90,042 (+253%), from €35,581 to €125,623
- Profit (loss) carried forward +€67,826
up €67,826 (+45.0%), from €150,805 to €218,631
- Other debts +€60,000
new in 2024: €60,000
- Tax, wage and social debts -€21,424
down €21,424 (-8.3%), from €256,610 to €235,186
of which Remuneration and social security: -€31,838
- Gross operating margin +€395,875
up €395,875 (+25.9%), from €1.5m to €1.9m
- Staff costs +€331,510
up €331,510 (+22.8%), from €1.5m to €1.8m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €445,996 | €642,521 | +€196,526 | +44.1% |
| Fixed assets | 21/28 | €61,724 | €46,027 | -€15,697 | -25.4% |
| Tangible fixed assets | 22/27 | €59,324 | €43,627 | -€15,697 | -26.5% |
| Furniture and vehicles | 24 | €59,324 | €43,627 | -€15,697 | -26.5% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €384,272 | €596,494 | +€212,223 | +55.2% |
| Amounts receivable within one year | 40/41 | €276,937 | €587,238 | +€310,301 | +112% |
| Trade receivables | 40 | €208,513 | €472,221 | +€263,708 | +126% |
| Other amounts receivable | 41 | €68,424 | €115,017 | +€46,593 | +68.1% |
| Cash at bank and in hand | 54/58 | €107,335 | €9,256 | -€98,079 | -91.4% |
| Total equity and liabilities | 10/49 | €445,996 | €642,521 | +€196,526 | +44.1% |
| Equity | 10/15 | €153,805 | €221,631 | +€67,826 | +44.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €150,805 | €218,631 | +€67,826 | +45.0% |
| Amounts payable | 17/49 | €292,191 | €420,890 | +€128,700 | +44.0% |
| Amounts payable within one year | 42/48 | €292,191 | €420,809 | +€128,618 | +44.0% |
| Trade debts | 44 | €35,581 | €125,623 | +€90,042 | +253% |
| Suppliers | 440/4 | €35,581 | €125,623 | +€90,042 | +253% |
| Taxes, remuneration and social security | 45 | €256,610 | €235,186 | -€21,424 | -8.3% |
| Taxes | 450/3 | €77,624 | €88,038 | +€10,414 | +13.4% |
| Remuneration and social security | 454/9 | €178,986 | €147,148 | -€31,838 | -17.8% |
| Other amounts payable | 47/48 | - | €60,000 | +€60,000 | |
| Accrued charges and deferred income | 492/3 | - | €82 | +€82 | |
| Remuneration, social security and pensions | 62 | €1,454,745 | €1,786,255 | +€331,510 | +22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,615 | €24,958 | +€12,343 | +97.8% |
| Other operating charges | 640/8 | €6,529 | €13,544 | +€7,015 | +107% |
| Gross operating margin | 9900 | €1,528,544 | €1,924,419 | +€395,875 | +25.9% |
| Operating profit (loss) | 9901 | €54,656 | €99,662 | +€45,006 | +82.3% |
| Financial income | 75/76B | €1,815 | - | -€1,815 | |
| Recurring financial income | 75 | €1,815 | - | -€1,815 | |
| Financial charges | 65/66B | €673 | €733 | +€61 | +9.0% |
| Recurring financial charges | 65 | €673 | €733 | +€61 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €55,798 | €98,929 | +€43,131 | +77.3% |
| Income taxes | 67/77 | €14,566 | €31,103 | +€16,536 | +114% |
| Profit (loss) for the period | 9904 | €41,232 | €67,826 | +€26,594 | +64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,232 | €67,826 | +€26,594 | +64.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.