DMRE: 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.
DMRE
Largest movements
- Tangible fixed assets -€12,480
down €12,480 (-2.0%), from €628,056 to €615,576
- Debts after one year -€33,298
down €33,298 (-7.3%), from €455,297 to €421,999
of which Financial debts: -€33,298
- Profit (loss) carried forward +€31,646
up €31,646 (+26.9%), from €117,839 to €149,485
- Short-term financial debts -€8,000
down €8,000 (-44.4%), from €18,000 to €10,000
- Taxes +€2,145
up €2,145 (+46.5%), from €4,613 to €6,758
- Gross operating margin +€1,706
up €1,706 (+2.8%), from €60,505 to €62,211
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 | €629,017 | €619,782 | -€9,235 | -1.5% |
| Fixed assets | 21/28 | €628,056 | €615,576 | -€12,480 | -2.0% |
| Tangible fixed assets | 22/27 | €628,056 | €615,576 | -€12,480 | -2.0% |
| Land and buildings | 22 | €628,056 | €615,576 | -€12,480 | -2.0% |
| Current assets | 29/58 | €961 | €4,206 | +€3,245 | +337.7% |
| Amounts receivable within one year | 40/41 | - | €1,819 | +€1,819 | |
| Other amounts receivable | 41 | - | €1,819 | +€1,819 | |
| Cash at bank and in hand | 54/58 | €961 | €2,387 | +€1,426 | +148.4% |
| Total equity and liabilities | 10/49 | €629,017 | €619,782 | -€9,235 | -1.5% |
| Equity | 10/15 | €122,839 | €154,485 | +€31,646 | +25.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,839 | €149,485 | +€31,646 | +26.9% |
| Amounts payable | 17/49 | €506,178 | €465,297 | -€40,881 | -8.1% |
| Amounts payable after more than one year | 17 | €455,297 | €421,999 | -€33,298 | -7.3% |
| Financial debts | 170/4 | €443,297 | €409,999 | -€33,298 | -7.5% |
| Other amounts payable | 178/9 | €12,000 | €12,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €50,881 | €43,298 | -€7,583 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €32,769 | €33,298 | +€529 | +1.6% |
| Financial debts | 43 | €18,000 | €10,000 | -€8,000 | -44.4% |
| Other loans | 439 | €18,000 | €10,000 | -€8,000 | -44.4% |
| Taxes, remuneration and social security | 45 | €112 | - | -€112 | |
| Taxes | 450/3 | €112 | - | -€112 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,480 | €12,480 | = | 0.0% |
| Other operating charges | 640/8 | €4,334 | €4,469 | +€135 | +3.1% |
| Gross operating margin | 9900 | €60,505 | €62,211 | +€1,706 | +2.8% |
| Operating profit (loss) | 9901 | €43,691 | €45,262 | +€1,571 | +3.6% |
| Financial charges | 65/66B | €7,378 | €6,858 | -€520 | -7.0% |
| Recurring financial charges | 65 | €7,378 | €6,858 | -€520 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €36,313 | €38,404 | +€2,091 | +5.8% |
| Income taxes | 67/77 | €4,613 | €6,758 | +€2,145 | +46.5% |
| Profit (loss) for the period | 9904 | €31,700 | €31,646 | -€54 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,700 | €31,646 | -€54 | -0.2% |
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.