DMF ISOLATION: 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.
DMF ISOLATION
Largest movements
- Receivables within one year +€300,139
up €300,139 (+134.5%), from €223,220 to €523,358
of which Trade receivables: +€290,221
- Cash +€279,555
up €279,555 (+304.4%), from €91,842 to €371,398
mainly Net result for the year (+€319,215) and Trade debts (+€206,067)
- Tangible fixed assets +€54,467
up €54,467 (+63.4%), from €85,868 to €140,334
of which Furniture and vehicles: +€45,290
- Reserves +€319,200
up €319,200 (+238.7%), from €133,700 to €452,900
- Trade debts +€206,067
up €206,067 (+139.8%), from €147,427 to €353,494
- Tax, wage and social debts +€83,351
up €83,351 (+261.6%), from €31,865 to €115,215
of which Taxes: +€80,278
- Short-term financial debts +€25,000
new in 2024: €25,000
- Debts after one year +€19,048
up €19,048 (+75.6%), from €25,204 to €44,253
- Gross operating margin +€326,084
up €326,084 (+158.7%), from €205,440 to €531,524
- Taxes +€48,513
up €48,513 (+86.2%), from €56,265 to €104,778
- Staff costs +€32,582
new in 2024: €32,582
- Depreciation +€28,919
up €28,919 (+231.0%), from €12,518 to €41,436
- Write-downs +€22,606
new in 2024: €22,606
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.
Cash bridge derived
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 | €402,130 | €1,040,386 | +€638,256 | +158.7% |
| Fixed assets | 21/28 | €87,068 | €141,834 | +€54,767 | +62.9% |
| Tangible fixed assets | 22/27 | €85,868 | €140,334 | +€54,467 | +63.4% |
| Plant, machinery and equipment | 23 | €12,453 | €21,629 | +€9,176 | +73.7% |
| Furniture and vehicles | 24 | €73,415 | €118,705 | +€45,290 | +61.7% |
| Financial fixed assets | 28 | €1,200 | €1,500 | +€300 | +25.0% |
| Current assets | 29/58 | €315,062 | €898,552 | +€583,490 | +185.2% |
| Amounts receivable within one year | 40/41 | €223,220 | €523,358 | +€300,139 | +134.5% |
| Trade receivables | 40 | €219,193 | €509,414 | +€290,221 | +132.4% |
| Other amounts receivable | 41 | €4,026 | €13,944 | +€9,918 | +246.3% |
| Cash at bank and in hand | 54/58 | €91,842 | €371,398 | +€279,555 | +304.4% |
| Deferred charges and accrued income | 490/1 | - | €3,796 | +€3,796 | |
| Total equity and liabilities | 10/49 | €402,130 | €1,040,386 | +€638,256 | +158.7% |
| Equity | 10/15 | €138,771 | €457,986 | +€319,215 | +230.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €133,700 | €452,900 | +€319,200 | +238.7% |
| Distributable reserves | 133 | €133,700 | €452,900 | +€319,200 | +238.7% |
| Profit (loss) carried forward | 14 | €71 | €86 | +€15 | +20.7% |
| Amounts payable | 17/49 | €263,358 | €582,400 | +€319,042 | +121.1% |
| Amounts payable after more than one year | 17 | €25,204 | €44,253 | +€19,048 | +75.6% |
| Financial debts | 170/4 | €25,204 | €44,253 | +€19,048 | +75.6% |
| Amounts payable within one year | 42/48 | €238,154 | €538,147 | +€299,993 | +126.0% |
| Current portion of amounts payable after more than one year | 42 | €38,469 | €32,223 | -€6,246 | -16.2% |
| Financial debts | 43 | - | €25,000 | +€25,000 | |
| Credit institutions | 430/8 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €147,427 | €353,494 | +€206,067 | +139.8% |
| Suppliers | 440/4 | €147,427 | €353,494 | +€206,067 | +139.8% |
| Advances received on contracts in progress | 46 | €18,984 | €12,215 | -€6,769 | -35.7% |
| Taxes, remuneration and social security | 45 | €31,865 | €115,215 | +€83,351 | +261.6% |
| Taxes | 450/3 | €31,865 | €112,143 | +€80,278 | +251.9% |
| Remuneration and social security | 454/9 | - | €3,072 | +€3,072 | |
| Other amounts payable | 47/48 | €1,409 | - | -€1,409 | |
| Remuneration, social security and pensions | 62 | - | €32,582 | +€32,582 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,518 | €41,436 | +€28,919 | +231.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €22,606 | +€22,606 | |
| Other operating charges | 640/8 | €1,300 | €38 | -€1,262 | -97.1% |
| Gross operating margin | 9900 | €205,440 | €531,524 | +€326,084 | +158.7% |
| Operating profit (loss) | 9901 | €191,623 | €434,862 | +€243,239 | +126.9% |
| Financial charges | 65/66B | €1,587 | €10,869 | +€9,282 | +585.0% |
| Recurring financial charges | 65 | €1,587 | €4,147 | +€2,561 | +161.4% |
| Non-recurring financial charges | 66B | - | €6,722 | +€6,722 | |
| Profit (loss) for the period before taxes | 9903 | €190,036 | €423,993 | +€233,957 | +123.1% |
| Income taxes | 67/77 | €56,265 | €104,778 | +€48,513 | +86.2% |
| Profit (loss) for the period | 9904 | €133,771 | €319,215 | +€185,444 | +138.6% |
| Profit (loss) for the period to be appropriated | 9905 | €133,771 | €319,215 | +€185,444 | +138.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.