DMD CONSULTING: 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 CONSULTING
Largest movements
- Stocks and contracts +€16,388
up €16,388 (+8.2%), from €199,683 to €216,071
- Tangible fixed assets -€11,690
down €11,690 (-25.2%), from €46,327 to €34,637
of which Furniture and vehicles: -€11,032
- Reserves +€13,900
up €13,900 (+7.4%), from €187,680 to €201,580
of which Distributable reserves: +€13,900
- Debts after one year -€11,351
down €11,351 (-41.4%), from €27,431 to €16,080
- Other debts +€10,385
up €10,385 (+29.3%), from €35,489 to €45,874
- Tax, wage and social debts -€5,342
down €5,342 (-21.7%), from €24,575 to €19,233
of which Taxes: -€5,342
- Gross operating margin -€18,716
down €18,716 (-21.0%), from €88,943 to €70,228
- Taxes -€5,775
down €5,775 (-28.5%), from €20,282 to €14,507
- Depreciation +€1,487
up €1,487 (+11.5%), from €12,877 to €14,364
- Other operating charges +€1,431
up €1,431 (+139.9%), from €1,023 to €2,454
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 | €327,531 | €336,844 | +€9,313 | +2.8% |
| Fixed assets | 21/28 | €46,327 | €34,637 | -€11,690 | -25.2% |
| Tangible fixed assets | 22/27 | €46,327 | €34,637 | -€11,690 | -25.2% |
| Plant, machinery and equipment | 23 | €1,373 | €1,079 | -€294 | -21.4% |
| Furniture and vehicles | 24 | €42,062 | €31,030 | -€11,032 | -26.2% |
| Other tangible fixed assets | 26 | €2,893 | €2,529 | -€364 | -12.6% |
| Current assets | 29/58 | €281,204 | €302,207 | +€21,003 | +7.5% |
| Stocks and contracts in progress | 3 | €199,683 | €216,071 | +€16,388 | +8.2% |
| Stocks | 30/36 | €199,683 | €216,071 | +€16,388 | +8.2% |
| Amounts receivable within one year | 40/41 | €18,493 | €20,082 | +€1,589 | +8.6% |
| Trade receivables | 40 | €18,394 | €19,984 | +€1,590 | +8.6% |
| Other amounts receivable | 41 | €99 | €98 | -€1 | -1.1% |
| Current investments | 50/53 | €1,951 | €1,961 | +€10 | +0.5% |
| Cash at bank and in hand | 54/58 | €56,162 | €58,142 | +€1,980 | +3.5% |
| Deferred charges and accrued income | 490/1 | €4,915 | €5,950 | +€1,035 | +21.1% |
| Total equity and liabilities | 10/49 | €327,531 | €336,844 | +€9,313 | +2.8% |
| Equity | 10/15 | €220,749 | €234,744 | +€13,994 | +6.3% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €187,680 | €201,580 | +€13,900 | +7.4% |
| Tax-exempt reserves | 132 | €3,500 | €3,500 | = | 0.0% |
| Distributable reserves | 133 | €184,180 | €198,080 | +€13,900 | +7.5% |
| Profit (loss) carried forward | 14 | €26,569 | €26,664 | +€94 | +0.4% |
| Amounts payable | 17/49 | €106,782 | €102,101 | -€4,681 | -4.4% |
| Amounts payable after more than one year | 17 | €27,431 | €16,080 | -€11,351 | -41.4% |
| Financial debts | 170/4 | €27,431 | €16,080 | -€11,351 | -41.4% |
| Amounts payable within one year | 42/48 | €77,450 | €85,350 | +€7,900 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €11,351 | €11,351 | = | 0.0% |
| Financial debts | 43 | €3,000 | €3,000 | = | 0.0% |
| Credit institutions | 430/8 | €3,000 | €3,000 | = | 0.0% |
| Trade debts | 44 | €3,035 | €5,892 | +€2,856 | +94.1% |
| Suppliers | 440/4 | €3,035 | €5,892 | +€2,856 | +94.1% |
| Taxes, remuneration and social security | 45 | €24,575 | €19,233 | -€5,342 | -21.7% |
| Taxes | 450/3 | €17,975 | €12,633 | -€5,342 | -29.7% |
| Remuneration and social security | 454/9 | €6,600 | €6,600 | = | 0.0% |
| Other amounts payable | 47/48 | €35,489 | €45,874 | +€10,385 | +29.3% |
| Accrued charges and deferred income | 492/3 | €1,900 | €670 | -€1,230 | -64.7% |
| Non-recurring operating income | 76A | €470 | - | -€470 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,877 | €14,364 | +€1,487 | +11.5% |
| Other operating charges | 640/8 | €1,023 | €2,454 | +€1,431 | +139.9% |
| Non-recurring operating charges | 66A | €641 | - | -€641 | |
| Gross operating margin | 9900 | €88,943 | €70,228 | -€18,716 | -21.0% |
| Operating profit (loss) | 9901 | €74,402 | €53,410 | -€20,992 | -28.2% |
| Financial income | 75/76B | €1,011 | €1,298 | +€286 | +28.3% |
| Recurring financial income | 75 | €1,011 | €1,298 | +€286 | +28.3% |
| Financial charges | 65/66B | €3,892 | €4,206 | +€315 | +8.1% |
| Recurring financial charges | 65 | €3,892 | €4,206 | +€315 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €71,522 | €50,501 | -€21,021 | -29.4% |
| Income taxes | 67/77 | €20,282 | €14,507 | -€5,775 | -28.5% |
| Profit (loss) for the period | 9904 | €51,240 | €35,994 | -€15,246 | -29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €51,240 | €35,994 | -€15,246 | -29.8% |
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 10 October 2026 via checked.be.