DMD FRERES: what changed
DMD FRERES
Largest movements
- Cash +€136,999
up €136,999 (+439%), from €31,231 to €168,230
mainly Trade debts (+€78,233) and Net result for the year (+€40,051)
- Tangible fixed assets -€26,932
down €26,932 (-58.5%), from €46,067 to €19,135
of which Plant, machinery and equipment: -€21,854
- Receivables within one year +€22,438
up €22,438 (+8.3%), from €271,253 to €293,691
of which Trade receivables: +€34,737
- Deferred charges and accrued income +€8,538
up €8,538 (+201%), from €4,249 to €12,787
- Trade debts +€78,233
up €78,233 (+100%), from €78,152 to €156,385
- Reserves +€40,050
up €40,050 (+18.2%), from €220,000 to €260,050
of which Distributable reserves: +€40,050
- Tax, wage and social debts +€23,652
up €23,652 (+48.1%), from €49,181 to €72,833
of which Taxes: +€13,128
- Gross operating margin +€103,269
up €103,269 (+22.8%), from €453,460 to €556,729
- Staff costs +€95,977
up €95,977 (+25.8%), from €372,170 to €468,147
- Depreciation -€14,254
down €14,254 (-34.6%), from €41,186 to €26,932
- Taxes +€6,736
up €6,736 (+68.9%), from €9,779 to €16,515
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €353,587 | €496,637 | +€143,050 | +40.5% |
| Fixed assets | 21/28 | €46,854 | €21,928 | -€24,926 | -53.2% |
| Tangible fixed assets | 22/27 | €46,067 | €19,135 | -€26,932 | -58.5% |
| Plant, machinery and equipment | 23 | €39,953 | €18,100 | -€21,854 | -54.7% |
| Furniture and vehicles | 24 | €6,114 | €1,036 | -€5,079 | -83.1% |
| Financial fixed assets | 28 | €787 | €2,793 | +€2,006 | +255% |
| Current assets | 29/58 | €306,732 | €474,708 | +€167,976 | +54.8% |
| Amounts receivable within one year | 40/41 | €271,253 | €293,691 | +€22,438 | +8.3% |
| Trade receivables | 40 | €242,038 | €276,775 | +€34,737 | +14.4% |
| Other amounts receivable | 41 | €29,215 | €16,916 | -€12,299 | -42.1% |
| Cash at bank and in hand | 54/58 | €31,231 | €168,230 | +€136,999 | +439% |
| Deferred charges and accrued income | 490/1 | €4,249 | €12,787 | +€8,538 | +201% |
| Total equity and liabilities | 10/49 | €353,587 | €496,637 | +€143,050 | +40.5% |
| Equity | 10/15 | €226,253 | €266,304 | +€40,051 | +17.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €220,000 | €260,050 | +€40,050 | +18.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €220,000 | €260,050 | +€40,050 | +18.2% |
| Profit (loss) carried forward | 14 | €53 | €54 | +€1 | +1.8% |
| Amounts payable | 17/49 | €127,333 | €230,332 | +€102,999 | +80.9% |
| Amounts payable within one year | 42/48 | €127,333 | €230,332 | +€102,999 | +80.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €78,152 | €156,385 | +€78,233 | +100% |
| Suppliers | 440/4 | €78,152 | €156,385 | +€78,233 | +100% |
| Taxes, remuneration and social security | 45 | €49,181 | €72,833 | +€23,652 | +48.1% |
| Taxes | 450/3 | €9,779 | €22,908 | +€13,128 | +134% |
| Remuneration and social security | 454/9 | €39,402 | €49,926 | +€10,524 | +26.7% |
| Other amounts payable | 47/48 | - | €1,114 | +€1,114 | |
| Non-recurring operating income | 76A | €10,360 | €10,500 | +€140 | +1.4% |
| Remuneration, social security and pensions | 62 | €372,170 | €468,147 | +€95,977 | +25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,186 | €26,932 | -€14,254 | -34.6% |
| Other operating charges | 640/8 | €911 | €956 | +€45 | +4.9% |
| Non-recurring operating charges | 66A | €3,884 | €1,746 | -€2,138 | -55.1% |
| Gross operating margin | 9900 | €453,460 | €556,729 | +€103,269 | +22.8% |
| Operating profit (loss) | 9901 | €35,309 | €58,948 | +€23,639 | +67.0% |
| Financial income | 75/76B | €0 | €214 | +€214 | |
| Recurring financial income | 75 | €0 | €214 | +€214 | |
| Financial charges | 65/66B | €3,407 | €2,596 | -€811 | -23.8% |
| Recurring financial charges | 65 | €3,407 | €2,596 | -€811 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €31,902 | €56,566 | +€24,664 | +77.3% |
| Income taxes | 67/77 | €9,779 | €16,515 | +€6,736 | +68.9% |
| Profit (loss) for the period | 9904 | €22,122 | €40,051 | +€17,929 | +81.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,122 | €40,051 | +€17,929 | +81.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.