DMMC: 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.
DMMC
Largest movements
- Financial fixed assets +€2.5m
up €2.5m (+160%), from €1.6m to €4.1m
- Tangible fixed assets +€58,870
up €58,870 (+171%), from €34,429 to €93,299
of which Furniture and vehicles: +€54,130
- Cash -€45,059
down €45,059 (-71.1%), from €63,384 to €18,325
mainly Investment in fixed assets (net) (-€2.6m) and Other debts (-€15,000)
- Debts after one year +€1.6m
up €1.6m (+345%), from €467,501 to €2.1m
- Short-term financial debts +€585,833
up €585,833 (+4,135%), from €14,167 to €600,000
- Profit (loss) carried forward +€151,277
up €151,277 (+16.4%), from €922,481 to €1.1m
- Current portion of long-term debt +€122,306
up €122,306 (+56.2%), from €217,440 to €339,746
- Financial income -€301,911
no longer reported in 2025 (was €301,911)
of which Financial income: -€301,911
- Gross operating margin +€211,442
up €211,442 (+160%), from €131,775 to €343,217
- Financial charges +€48,060
up €48,060 (+119%), from €40,414 to €88,474
- Taxes +€33,077
up €33,077 (+229%), from €14,425 to €47,502
- Staff costs +€16,278
up €16,278 (+344%), from €4,738 to €21,016
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 | €1,675,214 | €4,179,450 | +€2.5m | +149% |
| Fixed assets | 21/28 | €1,592,255 | €4,151,125 | +€2.6m | +161% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €34,429 | €93,299 | +€58,870 | +171% |
| Furniture and vehicles | 24 | €34,429 | €88,559 | +€54,130 | +157% |
| Other tangible fixed assets | 26 | - | €4,740 | +€4,740 | |
| Financial fixed assets | 28 | €1,557,826 | €4,057,826 | +€2.5m | +160% |
| Current assets | 29/58 | €82,959 | €28,325 | -€54,634 | -65.9% |
| Amounts receivable within one year | 40/41 | €19,575 | €10,000 | -€9,575 | -48.9% |
| Other amounts receivable | 41 | €19,575 | €10,000 | -€9,575 | -48.9% |
| Cash at bank and in hand | 54/58 | €63,384 | €18,325 | -€45,059 | -71.1% |
| Total equity and liabilities | 10/49 | €1,675,214 | €4,179,450 | +€2.5m | +149% |
| Equity | 10/15 | €942,941 | €1,094,218 | +€151,277 | +16.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €922,481 | €1,073,758 | +€151,277 | +16.4% |
| Amounts payable | 17/49 | €732,273 | €3,085,232 | +€2.4m | +321% |
| Amounts payable after more than one year | 17 | €467,501 | €2,081,188 | +€1.6m | +345% |
| Financial debts | 170/4 | €467,501 | €2,081,188 | +€1.6m | +345% |
| Amounts payable within one year | 42/48 | €263,772 | €974,044 | +€710,272 | +269% |
| Current portion of amounts payable after more than one year | 42 | €217,440 | €339,746 | +€122,306 | +56.2% |
| Financial debts | 43 | €14,167 | €600,000 | +€585,833 | +4,135% |
| Credit institutions | 430/8 | €14,167 | €600,000 | +€585,833 | +4,135% |
| Trade debts | 44 | €5,091 | €4,128 | -€963 | -18.9% |
| Suppliers | 440/4 | €5,091 | €4,128 | -€963 | -18.9% |
| Taxes, remuneration and social security | 45 | €12,074 | €30,170 | +€18,096 | +150% |
| Taxes | 450/3 | €10,780 | €30,170 | +€19,390 | +180% |
| Remuneration and social security | 454/9 | €1,294 | - | -€1,294 | |
| Other amounts payable | 47/48 | €15,000 | - | -€15,000 | |
| Accrued charges and deferred income | 492/3 | €1,000 | €30,000 | +€29,000 | +2,900% |
| Remuneration, social security and pensions | 62 | €4,738 | €21,016 | +€16,278 | +344% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,277 | €33,447 | +€13,170 | +65.0% |
| Other operating charges | 640/8 | €2,501 | €1,501 | -€1,000 | -40.0% |
| Gross operating margin | 9900 | €131,775 | €343,217 | +€211,442 | +160% |
| Operating profit (loss) | 9901 | €104,259 | €287,253 | +€182,994 | +176% |
| Financial income | 75/76B | €301,911 | - | -€301,911 | |
| Recurring financial income | 75 | €301,911 | - | -€301,911 | |
| Non-recurring financial income | 76B | €301,911 | - | -€301,911 | |
| Financial charges | 65/66B | €40,414 | €88,474 | +€48,060 | +119% |
| Recurring financial charges | 65 | €40,414 | €88,474 | +€48,060 | +119% |
| Profit (loss) for the period before taxes | 9903 | €365,756 | €198,779 | -€166,977 | -45.7% |
| Income taxes | 67/77 | €14,425 | €47,502 | +€33,077 | +229% |
| Profit (loss) for the period | 9904 | €351,331 | €151,277 | -€200,054 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €351,331 | €151,277 | -€200,054 | -56.9% |
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 27 October 2026 via checked.be.