DMO CONCEPT: 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.
DMO CONCEPT
Largest movements
- Receivables within one year -€2,241
down €2,241 (-20.3%), from €11,022 to €8,781
- Cash +€1,265
up €1,265 (+42.8%), from €2,955 to €4,220
mainly Net result for the year (+€24,515) and Receivables within one year (+€2,241)
- Profit (loss) carried forward +€24,515
up €24,515 (+13.6%), from -€179,858 to -€155,343
- Tax, wage and social debts -€11,196
down €11,196 (-95.2%), from €11,757 to €561
- Other debts -€9,311
down €9,311 (-6.0%), from €153,925 to €144,614
- Trade debts -€4,955
down €4,955 (-96.7%), from €5,123 to €168
- Gross operating margin -€9,651
down €9,651 (-22.3%), from €43,192 to €33,540
- Taxes -€3,155
down €3,155 (-26.9%), from €11,735 to €8,580
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 | €13,977 | €13,001 | -€976 | -7.0% |
| Current assets | 29/58 | €13,977 | €13,001 | -€976 | -7.0% |
| Amounts receivable within one year | 40/41 | €11,022 | €8,781 | -€2,241 | -20.3% |
| Trade receivables | 40 | €11,022 | €8,781 | -€2,241 | -20.3% |
| Cash at bank and in hand | 54/58 | €2,955 | €4,220 | +€1,265 | +42.8% |
| Total equity and liabilities | 10/49 | €13,977 | €13,001 | -€976 | -7.0% |
| Equity | 10/15 | -€156,858 | -€132,343 | +€24,515 | +15.6% |
| Contributions | 10/11 | €23,000 | €23,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€179,858 | -€155,343 | +€24,515 | +13.6% |
| Amounts payable | 17/49 | €170,835 | €145,344 | -€25,491 | -14.9% |
| Amounts payable within one year | 42/48 | €170,805 | €145,344 | -€25,461 | -14.9% |
| Trade debts | 44 | €5,123 | €168 | -€4,955 | -96.7% |
| Suppliers | 440/4 | €5,123 | €168 | -€4,955 | -96.7% |
| Taxes, remuneration and social security | 45 | €11,757 | €561 | -€11,196 | -95.2% |
| Taxes | 450/3 | €11,757 | €561 | -€11,196 | -95.2% |
| Other amounts payable | 47/48 | €153,925 | €144,614 | -€9,311 | -6.0% |
| Accrued charges and deferred income | 492/3 | €30 | - | -€30 | |
| Other operating charges | 640/8 | €408 | €400 | -€8 | -2.0% |
| Gross operating margin | 9900 | €43,192 | €33,540 | -€9,651 | -22.3% |
| Operating profit (loss) | 9901 | €42,784 | €33,141 | -€9,643 | -22.5% |
| Financial charges | 65/66B | €42 | €45 | +€3 | +6.1% |
| Recurring financial charges | 65 | €42 | €45 | +€3 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €42,742 | €33,096 | -€9,646 | -22.6% |
| Income taxes | 67/77 | €11,735 | €8,580 | -€3,155 | -26.9% |
| Profit (loss) for the period | 9904 | €31,006 | €24,515 | -€6,491 | -20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,006 | €24,515 | -€6,491 | -20.9% |
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 2 October 2026 via checked.be.