DMG Vastgoed: 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.
DMG Vastgoed
Largest movements
- Receivables within one year -€111,690
down €111,690 (-35.1%), from €317,764 to €206,073
of which Trade receivables: -€116,057
- Cash -€80,923
down €80,923 (-14.5%), from €557,380 to €476,457
mainly Other debts (-€93,621) and Trade debts (-€90,844)
- Other debts -€93,621
down €93,621 (-18.6%), from €504,526 to €410,904
- Trade debts -€90,844
down €90,844 (-29.1%), from €312,704 to €221,861
- Debts after one year -€11,710
down €11,710 (-14.5%), from €80,915 to €69,205
- Tax, wage and social debts -€11,049
down €11,049 (-70.2%), from €15,740 to €4,691
- Staff costs +€7,089
new in 2025: €7,089
- Gross operating margin -€4,907
down €4,907 (-13.5%), from €36,247 to €31,339
- Other operating charges -€3,189
down €3,189 (-59.4%), from €5,365 to €2,176
- Taxes -€2,026
down €2,026 (-43.2%), from €4,691 to €2,665
- Financial charges +€1,063
up €1,063 (+41.5%), from €2,561 to €3,625
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 | €1,021,116 | €820,042 | -€201,074 | -19.7% |
| Fixed assets | 21/28 | €145,271 | €135,342 | -€9,928 | -6.8% |
| Tangible fixed assets | 22/27 | €143,271 | €133,342 | -€9,928 | -6.9% |
| Land and buildings | 22 | €131,719 | €125,649 | -€6,069 | -4.6% |
| Furniture and vehicles | 24 | €11,552 | €7,693 | -€3,859 | -33.4% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €875,845 | €684,700 | -€191,145 | -21.8% |
| Amounts receivable within one year | 40/41 | €317,764 | €206,073 | -€111,690 | -35.1% |
| Trade receivables | 40 | €305,463 | €189,406 | -€116,057 | -38.0% |
| Other amounts receivable | 41 | €12,300 | €16,667 | +€4,366 | +35.5% |
| Cash at bank and in hand | 54/58 | €557,380 | €476,457 | -€80,923 | -14.5% |
| Deferred charges and accrued income | 490/1 | €702 | €2,170 | +€1,468 | +209% |
| Total equity and liabilities | 10/49 | €1,021,116 | €820,042 | -€201,074 | -19.7% |
| Equity | 10/15 | €95,815 | €101,671 | +€5,856 | +6.1% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €83,000 | €89,500 | +€6,500 | +7.8% |
| Distributable reserves | 133 | €83,000 | €89,500 | +€6,500 | +7.8% |
| Profit (loss) carried forward | 14 | €815 | €171 | -€644 | -79.0% |
| Amounts payable | 17/49 | €925,300 | €718,371 | -€206,930 | -22.4% |
| Amounts payable after more than one year | 17 | €80,915 | €69,205 | -€11,710 | -14.5% |
| Financial debts | 170/4 | €80,915 | €69,205 | -€11,710 | -14.5% |
| Amounts payable within one year | 42/48 | €844,386 | €649,166 | -€195,220 | -23.1% |
| Current portion of amounts payable after more than one year | 42 | €11,416 | €11,710 | +€293 | +2.6% |
| Trade debts | 44 | €312,704 | €221,861 | -€90,844 | -29.1% |
| Suppliers | 440/4 | €312,704 | €221,861 | -€90,844 | -29.1% |
| Taxes, remuneration and social security | 45 | €15,740 | €4,691 | -€11,049 | -70.2% |
| Taxes | 450/3 | €15,740 | €4,691 | -€11,049 | -70.2% |
| Other amounts payable | 47/48 | €504,526 | €410,904 | -€93,621 | -18.6% |
| Remuneration, social security and pensions | 62 | - | €7,089 | +€7,089 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,928 | €9,928 | = | 0.0% |
| Other operating charges | 640/8 | €5,365 | €2,176 | -€3,189 | -59.4% |
| Gross operating margin | 9900 | €36,247 | €31,339 | -€4,907 | -13.5% |
| Operating profit (loss) | 9901 | €20,954 | €12,146 | -€8,808 | -42.0% |
| Financial income | 75/76B | €184 | €0 | -€184 | -100.0% |
| Recurring financial income | 75 | €184 | €0 | -€184 | -100.0% |
| Financial charges | 65/66B | €2,561 | €3,625 | +€1,063 | +41.5% |
| Recurring financial charges | 65 | €2,561 | €3,625 | +€1,063 | +41.5% |
| Profit (loss) for the period before taxes | 9903 | €18,576 | €8,521 | -€10,055 | -54.1% |
| Income taxes | 67/77 | €4,691 | €2,665 | -€2,026 | -43.2% |
| Profit (loss) for the period | 9904 | €13,885 | €5,856 | -€8,029 | -57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,885 | €5,856 | -€8,029 | -57.8% |
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 21 October 2026 via checked.be.