DMG: 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.
DMG
Largest movements
- Current investments +€22,000
up €22,000 (+57.9%), from €38,000 to €60,000
- Receivables within one year -€16,287
down €16,287 (-28.1%), from €58,018 to €41,731
of which Trade receivables: -€20,961
- Reserves +€16,618
up €16,618 (+13.5%), from €123,013 to €139,631
- Other debts -€10,179
down €10,179 (-100.0%), from €10,179 to €0
- Tax, wage and social debts -€2,232
down €2,232 (-23.6%), from €9,476 to €7,244
- Gross operating margin -€12,728
down €12,728 (-35.9%), from €35,458 to €22,730
- Taxes -€1,974
down €1,974 (-26.0%), from €7,597 to €5,622
- Financial income +€988
up €988, from €0 to €988
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 | €164,584 | €168,976 | +€4,392 | +2.7% |
| Fixed assets | 21/28 | €1,458 | €1,108 | -€350 | -24.0% |
| Tangible fixed assets | 22/27 | €1,458 | €1,108 | -€350 | -24.0% |
| Furniture and vehicles | 24 | €1,458 | €1,108 | -€350 | -24.0% |
| Current assets | 29/58 | €163,126 | €167,867 | +€4,742 | +2.9% |
| Amounts receivable within one year | 40/41 | €58,018 | €41,731 | -€16,287 | -28.1% |
| Trade receivables | 40 | €55,615 | €34,654 | -€20,961 | -37.7% |
| Other amounts receivable | 41 | €2,403 | €7,077 | +€4,674 | +194.5% |
| Current investments | 50/53 | €38,000 | €60,000 | +€22,000 | +57.9% |
| Cash at bank and in hand | 54/58 | €63,716 | €62,449 | -€1,267 | -2.0% |
| Deferred charges and accrued income | 490/1 | €3,392 | €3,687 | +€296 | +8.7% |
| Total equity and liabilities | 10/49 | €164,584 | €168,976 | +€4,392 | +2.7% |
| Equity | 10/15 | €141,613 | €158,231 | +€16,618 | +11.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €123,013 | €139,631 | +€16,618 | +13.5% |
| Distributable reserves | 133 | €123,013 | €139,631 | +€16,618 | +13.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €22,972 | €10,745 | -€12,226 | -53.2% |
| Amounts payable within one year | 42/48 | €22,972 | €10,745 | -€12,226 | -53.2% |
| Trade debts | 44 | €3,317 | €3,501 | +€184 | +5.5% |
| Suppliers | 440/4 | €3,317 | €3,501 | +€184 | +5.5% |
| Taxes, remuneration and social security | 45 | €9,476 | €7,244 | -€2,232 | -23.6% |
| Taxes | 450/3 | €9,476 | €7,244 | -€2,232 | -23.6% |
| Other amounts payable | 47/48 | €10,179 | €0 | -€10,179 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €292 | €350 | +€58 | +20.0% |
| Other operating charges | 640/8 | €628 | €772 | +€144 | +22.9% |
| Gross operating margin | 9900 | €35,458 | €22,730 | -€12,728 | -35.9% |
| Operating profit (loss) | 9901 | €34,539 | €21,608 | -€12,930 | -37.4% |
| Financial income | 75/76B | €0 | €988 | +€988 | |
| Recurring financial income | 75 | €0 | €988 | +€988 | |
| Financial charges | 65/66B | €442 | €355 | -€87 | -19.6% |
| Recurring financial charges | 65 | €442 | €355 | -€87 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €34,096 | €22,241 | -€11,856 | -34.8% |
| Income taxes | 67/77 | €7,597 | €5,622 | -€1,974 | -26.0% |
| Profit (loss) for the period | 9904 | €26,499 | €16,618 | -€9,881 | -37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,499 | €16,618 | -€9,881 | -37.3% |
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 28 September 2026 via checked.be.