DMEATH: 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.
DMEATH
Largest movements
- Cash -€25,713
down €25,713 (-30.3%), from €84,942 to €59,229
mainly Other debts (-€26,205) and Trade debts (-€17,648)
- Receivables within one year +€5,470
up €5,470 (+4.2%), from €130,886 to €136,356
of which Other amounts receivable: +€13,498
- Tangible fixed assets -€3,970
down €3,970 (-11.0%), from €36,242 to €32,272
of which Leasing and similar rights: -€7,485
- Other debts -€26,205
down €26,205 (-35.2%), from €74,357 to €48,152
- Trade debts -€17,648
down €17,648 (-14.3%), from €123,827 to €106,179
- Current portion of long-term debt +€11,785
up €11,785 (+157%), from €7,502 to €19,287
- Tax, wage and social debts +€9,234
up €9,234 (+26.7%), from €34,557 to €43,791
of which Remuneration and social security: +€8,915
- Gross operating margin -€107,657
down €107,657 (-18.9%), from €568,122 to €460,465
- Staff costs -€37,129
down €37,129 (-13.4%), from €276,218 to €239,089
- Taxes -€14,100
down €14,100 (-98.1%), from €14,369 to €269
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.
Derived cash bridge
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 | €292,576 | €267,730 | -€24,846 | -8.5% |
| Fixed assets | 21/28 | €36,242 | €32,272 | -€3,970 | -11.0% |
| Tangible fixed assets | 22/27 | €36,242 | €32,272 | -€3,970 | -11.0% |
| Plant, machinery and equipment | 23 | €26,797 | €30,312 | +€3,515 | +13.1% |
| Leasing and similar rights | 25 | €9,445 | €1,960 | -€7,485 | -79.2% |
| Current assets | 29/58 | €256,334 | €235,458 | -€20,876 | -8.1% |
| Stocks and contracts in progress | 3 | €38,146 | €35,551 | -€2,595 | -6.8% |
| Stocks | 30/36 | €38,146 | €35,551 | -€2,595 | -6.8% |
| Amounts receivable within one year | 40/41 | €130,886 | €136,356 | +€5,470 | +4.2% |
| Trade receivables | 40 | €104,508 | €96,480 | -€8,028 | -7.7% |
| Other amounts receivable | 41 | €26,378 | €39,876 | +€13,498 | +51.2% |
| Cash at bank and in hand | 54/58 | €84,942 | €59,229 | -€25,713 | -30.3% |
| Deferred charges and accrued income | 490/1 | €2,360 | €4,322 | +€1,962 | +83.1% |
| Total equity and liabilities | 10/49 | €292,576 | €267,730 | -€24,846 | -8.5% |
| Equity | 10/15 | €50,655 | €50,321 | -€334 | -0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €30,195 | €29,861 | -€334 | -1.1% |
| Amounts payable | 17/49 | €241,921 | €217,409 | -€24,512 | -10.1% |
| Amounts payable after more than one year | 17 | €1,678 | - | -€1,678 | |
| Financial debts | 170/4 | €1,678 | - | -€1,678 | |
| Amounts payable within one year | 42/48 | €240,243 | €217,409 | -€22,834 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €7,502 | €19,287 | +€11,785 | +157% |
| Trade debts | 44 | €123,827 | €106,179 | -€17,648 | -14.3% |
| Suppliers | 440/4 | €123,827 | €106,179 | -€17,648 | -14.3% |
| Taxes, remuneration and social security | 45 | €34,557 | €43,791 | +€9,234 | +26.7% |
| Taxes | 450/3 | €2,641 | €2,960 | +€319 | +12.1% |
| Remuneration and social security | 454/9 | €31,916 | €40,831 | +€8,915 | +27.9% |
| Other amounts payable | 47/48 | €74,357 | €48,152 | -€26,205 | -35.2% |
| Remuneration, social security and pensions | 62 | €276,218 | €239,089 | -€37,129 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,135 | €15,028 | -€1,107 | -6.9% |
| Other operating charges | 640/8 | €205,398 | €205,783 | +€385 | +0.2% |
| Gross operating margin | 9900 | €568,122 | €460,465 | -€107,657 | -18.9% |
| Operating profit (loss) | 9901 | €70,371 | €565 | -€69,806 | -99.2% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €677 | €639 | -€38 | -5.6% |
| Recurring financial charges | 65 | €677 | €639 | -€38 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €69,694 | -€65 | -€69,759 | |
| Income taxes | 67/77 | €14,369 | €269 | -€14,100 | -98.1% |
| Profit (loss) for the period | 9904 | €55,325 | -€334 | -€55,659 | |
| Profit (loss) for the period to be appropriated | 9905 | €55,325 | -€334 | -€55,659 |
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 23 October 2026 via checked.be.