DMS: 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.
DMS
Largest movements
- Cash -€16,482
down €16,482 (-32.3%), from €51,023 to €34,541
mainly Contributions, distributions and other (-€27,947) and Debts after one year (-€9,589)
- Tangible fixed assets -€8,082
down €8,082 (-26.6%), from €30,385 to €22,303
of which Furniture and vehicles: -€7,558
- Receivables within one year +€3,313
up €3,313 (+7.0%), from €47,123 to €50,436
of which Other amounts receivable: +€1,709
- Debts after one year -€9,589
down €9,589 (-66.5%), from €14,429 to €4,840
- Tax, wage and social debts -€8,123
down €8,123 (-24.1%), from €33,745 to €25,623
of which Taxes: -€8,123
- Other debts -€3,374
down €3,374 (-12.4%), from €27,128 to €23,755
- Gross operating margin -€4,446
down €4,446 (-9.2%), from €48,405 to €43,959
- Taxes -€531
down €531 (-6.1%), from €8,642 to €8,111
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 | €129,108 | €108,522 | -€20,585 | -15.9% |
| Fixed assets | 21/28 | €30,385 | €22,303 | -€8,082 | -26.6% |
| Tangible fixed assets | 22/27 | €30,385 | €22,303 | -€8,082 | -26.6% |
| Plant, machinery and equipment | 23 | €1,637 | €1,113 | -€524 | -32.0% |
| Furniture and vehicles | 24 | €28,749 | €21,190 | -€7,558 | -26.3% |
| Current assets | 29/58 | €98,722 | €86,219 | -€12,503 | -12.7% |
| Amounts receivable within one year | 40/41 | €47,123 | €50,436 | +€3,313 | +7.0% |
| Trade receivables | 40 | €10,411 | €12,016 | +€1,604 | +15.4% |
| Other amounts receivable | 41 | €36,711 | €38,420 | +€1,709 | +4.7% |
| Cash at bank and in hand | 54/58 | €51,023 | €34,541 | -€16,482 | -32.3% |
| Deferred charges and accrued income | 490/1 | €577 | €1,242 | +€666 | +115.4% |
| Total equity and liabilities | 10/49 | €129,108 | €108,522 | -€20,585 | -15.9% |
| Equity | 10/15 | €44,336 | €44,336 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €41,336 | €41,336 | = | 0.0% |
| Distributable reserves | 133 | €41,336 | €41,336 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €84,771 | €64,186 | -€20,585 | -24.3% |
| Amounts payable after more than one year | 17 | €14,429 | €4,840 | -€9,589 | -66.5% |
| Financial debts | 170/4 | €14,429 | €4,840 | -€9,589 | -66.5% |
| Amounts payable within one year | 42/48 | €70,342 | €59,346 | -€10,996 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €9,469 | €9,589 | +€120 | +1.3% |
| Trade debts | 44 | €0 | €380 | +€380 | |
| Suppliers | 440/4 | €0 | €380 | +€380 | |
| Taxes, remuneration and social security | 45 | €33,745 | €25,623 | -€8,123 | -24.1% |
| Taxes | 450/3 | €31,495 | €23,373 | -€8,123 | -25.8% |
| Remuneration and social security | 454/9 | €2,250 | €2,250 | = | 0.0% |
| Other amounts payable | 47/48 | €27,128 | €23,755 | -€3,374 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,078 | €9,239 | +€161 | +1.8% |
| Other operating charges | 640/8 | €231 | €611 | +€380 | +164.3% |
| Gross operating margin | 9900 | €48,405 | €43,959 | -€4,446 | -9.2% |
| Operating profit (loss) | 9901 | €39,096 | €34,109 | -€4,987 | -12.8% |
| Financial income | 75/76B | €1,950 | €2,310 | +€360 | +18.5% |
| Recurring financial income | 75 | €1,950 | €2,310 | +€360 | +18.5% |
| Financial charges | 65/66B | €488 | €361 | -€127 | -26.0% |
| Recurring financial charges | 65 | €488 | €361 | -€127 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €40,558 | €36,058 | -€4,500 | -11.1% |
| Income taxes | 67/77 | €8,642 | €8,111 | -€531 | -6.1% |
| Profit (loss) for the period | 9904 | €31,916 | €27,947 | -€3,969 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,916 | €27,947 | -€3,969 | -12.4% |
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 28 September 2026 via checked.be.