DMD: 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.
DMD
Largest movements
- Cash +€3,987
up €3,987 (+902.0%), from €442 to €4,429
mainly Net result for the year (+€2,517) and Stocks and contracts (+€1,418)
- Stocks and contracts -€1,418
down €1,418 (-26.6%), from €5,323 to €3,905
- Deferred charges and accrued income -€798
down €798 (-96.7%), from €825 to €27
- Profit (loss) carried forward +€2,517
up €2,517, from -€1,993 to €524
- Other debts -€997
down €997 (-82.9%), from €1,202 to €205
- Trade debts +€239
up €239 (+24.4%), from €980 to €1,219
- Gross operating margin +€2,012
up €2,012 (+46.1%), from €4,368 to €6,380
- Other operating charges +€715
up €715 (+57.9%), from €1,235 to €1,950
- Taxes +€445
up €445 (+63.1%), from €705 to €1,150
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 | €7,919 | €9,697 | +€1,778 | +22.5% |
| Fixed assets | 21/28 | €29 | €0 | -€29 | -100.0% |
| Tangible fixed assets | 22/27 | €29 | €0 | -€29 | -100.0% |
| Plant, machinery and equipment | 23 | €29 | - | -€29 | |
| Current assets | 29/58 | €7,890 | €9,697 | +€1,807 | +22.9% |
| Stocks and contracts in progress | 3 | €5,323 | €3,905 | -€1,418 | -26.6% |
| Stocks | 30/36 | €5,323 | €3,905 | -€1,418 | -26.6% |
| Amounts receivable within one year | 40/41 | €1,300 | €1,336 | +€36 | +2.8% |
| Trade receivables | 40 | €196 | €191 | -€5 | -2.6% |
| Other amounts receivable | 41 | €1,104 | €1,145 | +€41 | +3.7% |
| Cash at bank and in hand | 54/58 | €442 | €4,429 | +€3,987 | +902.0% |
| Deferred charges and accrued income | 490/1 | €825 | €27 | -€798 | -96.7% |
| Total equity and liabilities | 10/49 | €7,919 | €9,697 | +€1,778 | +22.5% |
| Equity | 10/15 | €5,737 | €8,254 | +€2,517 | +43.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,530 | €1,530 | = | 0.0% |
| Distributable reserves | 133 | €1,530 | €1,530 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,993 | €524 | +€2,517 | |
| Amounts payable | 17/49 | €2,182 | €1,443 | -€739 | -33.9% |
| Amounts payable within one year | 42/48 | €2,182 | €1,443 | -€739 | -33.9% |
| Trade debts | 44 | €980 | €1,219 | +€239 | +24.4% |
| Suppliers | 440/4 | €980 | €1,219 | +€239 | +24.4% |
| Taxes, remuneration and social security | 45 | - | €19 | +€19 | |
| Taxes | 450/3 | - | €19 | +€19 | |
| Other amounts payable | 47/48 | €1,202 | €205 | -€997 | -82.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43 | €29 | -€14 | -32.6% |
| Other operating charges | 640/8 | €1,235 | €1,950 | +€715 | +57.9% |
| Non-recurring operating charges | 66A | - | €300 | +€300 | |
| Gross operating margin | 9900 | €4,368 | €6,380 | +€2,012 | +46.1% |
| Operating profit (loss) | 9901 | €3,090 | €4,101 | +€1,011 | +32.7% |
| Financial income | 75/76B | €12 | €4 | -€8 | -66.7% |
| Recurring financial income | 75 | €12 | €4 | -€8 | -66.7% |
| Financial charges | 65/66B | €493 | €438 | -€55 | -11.2% |
| Recurring financial charges | 65 | €493 | €438 | -€55 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €2,609 | €3,667 | +€1,058 | +40.6% |
| Income taxes | 67/77 | €705 | €1,150 | +€445 | +63.1% |
| Profit (loss) for the period | 9904 | €1,904 | €2,517 | +€613 | +32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,904 | €2,517 | +€613 | +32.2% |
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 3 October 2026 via checked.be.