DMLC: 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.
DMLC
Largest movements
- Receivables within one year -€76,101
down €76,101 (-45.9%), from €165,772 to €89,671
of which Trade receivables: -€79,756
- Stocks and contracts +€17,707
up €17,707 (+61.1%), from €28,969 to €46,676
- Deferred charges and accrued income +€8,530
up €8,530 (+40696.9%), from €21 to €8,551
- Tangible fixed assets -€7,812
down €7,812 (-41.1%), from €18,996 to €11,184
of which Plant, machinery and equipment: -€10,478
- Intangible fixed assets +€5,730
new in 2025: €5,730
- Other debts +€71,504
up €71,504 (+185.3%), from €38,587 to €110,091
- Trade debts -€61,032
down €61,032 (-58.2%), from €104,812 to €43,780
- Advances received -€50,750
no longer reported in 2025 (was €50,750)
- Profit (loss) carried forward +€18,156
no longer reported in 2025 (was -€18,156)
- Tax, wage and social debts -€12,704
down €12,704 (-80.7%), from €15,746 to €3,042
of which Taxes: -€10,621
- Gross operating margin +€35,113
up €35,113 (+320.5%), from €10,956 to €46,069
- Staff costs +€8,718
up €8,718 (+441.7%), from €1,974 to €10,692
- Other operating charges -€2,730
down €2,730 (-24.8%), from €11,010 to €8,281
- Taxes +€1,163
new in 2025: €1,163
- Financial charges +€1,084
up €1,084 (+58.3%), from €1,860 to €2,943
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 | €218,907 | €170,354 | -€48,553 | -22.2% |
| Fixed assets | 21/28 | €19,633 | €17,550 | -€2,083 | -10.6% |
| Intangible fixed assets | 21 | - | €5,730 | +€5,730 | |
| Tangible fixed assets | 22/27 | €18,996 | €11,184 | -€7,812 | -41.1% |
| Plant, machinery and equipment | 23 | €18,996 | €8,518 | -€10,478 | -55.2% |
| Furniture and vehicles | 24 | - | €2,666 | +€2,666 | |
| Financial fixed assets | 28 | €637 | €637 | = | 0.0% |
| Current assets | 29/58 | €199,274 | €152,804 | -€46,470 | -23.3% |
| Stocks and contracts in progress | 3 | €28,969 | €46,676 | +€17,707 | +61.1% |
| Stocks | 30/36 | €28,969 | €46,676 | +€17,707 | +61.1% |
| Amounts receivable within one year | 40/41 | €165,772 | €89,671 | -€76,101 | -45.9% |
| Trade receivables | 40 | €162,659 | €82,903 | -€79,756 | -49.0% |
| Other amounts receivable | 41 | €3,113 | €6,768 | +€3,655 | +117.4% |
| Cash at bank and in hand | 54/58 | €4,511 | €7,906 | +€3,394 | +75.2% |
| Deferred charges and accrued income | 490/1 | €21 | €8,551 | +€8,530 | +40696.9% |
| Total equity and liabilities | 10/49 | €218,907 | €170,354 | -€48,553 | -22.2% |
| Equity | 10/15 | €3,517 | €13,441 | +€9,924 | +282.2% |
| Contributions | 10/11 | €2,300 | €2,300 | = | 0.0% |
| Reserves | 13 | €19,373 | €11,141 | -€8,232 | -42.5% |
| Distributable reserves | 133 | €19,373 | €11,141 | -€8,232 | -42.5% |
| Profit (loss) carried forward | 14 | -€18,156 | - | +€18,156 | |
| Amounts payable | 17/49 | €215,390 | €156,913 | -€58,477 | -27.1% |
| Amounts payable within one year | 42/48 | €215,390 | €156,913 | -€58,477 | -27.1% |
| Current portion of amounts payable after more than one year | 42 | €5,494 | - | -€5,494 | |
| Trade debts | 44 | €104,812 | €43,780 | -€61,032 | -58.2% |
| Suppliers | 440/4 | €104,812 | €43,780 | -€61,032 | -58.2% |
| Advances received on contracts in progress | 46 | €50,750 | - | -€50,750 | |
| Taxes, remuneration and social security | 45 | €15,746 | €3,042 | -€12,704 | -80.7% |
| Taxes | 450/3 | €11,784 | €1,163 | -€10,621 | -90.1% |
| Remuneration and social security | 454/9 | €3,962 | €1,879 | -€2,083 | -52.6% |
| Other amounts payable | 47/48 | €38,587 | €110,091 | +€71,504 | +185.3% |
| Remuneration, social security and pensions | 62 | €1,974 | €10,692 | +€8,718 | +441.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,692 | €13,115 | +€423 | +3.3% |
| Other operating charges | 640/8 | €11,010 | €8,281 | -€2,730 | -24.8% |
| Gross operating margin | 9900 | €10,956 | €46,069 | +€35,113 | +320.5% |
| Operating profit (loss) | 9901 | -€14,720 | €13,982 | +€28,701 | |
| Financial income | 75/76B | €454 | €49 | -€405 | -89.3% |
| Recurring financial income | 75 | €454 | €49 | -€405 | -89.3% |
| Financial charges | 65/66B | €1,860 | €2,943 | +€1,084 | +58.3% |
| Recurring financial charges | 65 | €1,860 | €2,943 | +€1,084 | +58.3% |
| Profit (loss) for the period before taxes | 9903 | -€16,126 | €11,087 | +€27,213 | |
| Income taxes | 67/77 | - | €1,163 | +€1,163 | |
| Profit (loss) for the period | 9904 | -€16,126 | €9,924 | +€26,050 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,126 | €9,924 | +€26,050 |
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 7 October 2026 via checked.be.