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 -€11,599
down €11,599 (-38.4%), from €30,242 to €18,642
mainly Net result for the year (-€10,951) and Tax, wage and social debts (-€5,065)
- Receivables within one year -€3,818
down €3,818 (-7.4%), from €51,867 to €48,049
of which Trade receivables: -€6,317
- Tangible fixed assets -€1,535
down €1,535 (-26.3%), from €5,844 to €4,309
- Reserves -€10,951
down €10,951 (-19.4%), from €56,503 to €45,552
- Tax, wage and social debts -€5,065
down €5,065 (-36.7%), from €13,817 to €8,752
- Trade debts -€1,820
down €1,820 (-11.1%), from €16,406 to €14,586
- Gross operating margin -€31,709
down €31,709, from €22,046 to -€9,663
- Taxes -€5,327
down €5,327 (-97.5%), from €5,466 to €138
- Depreciation +€722
up €722 (+88.9%), from €813 to €1,535
- Financial income +€663
up €663 (+59.8%), from €1,109 to €1,772
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 | €89,226 | €71,390 | -€17,836 | -20.0% |
| Fixed assets | 21/28 | €5,844 | €4,309 | -€1,535 | -26.3% |
| Tangible fixed assets | 22/27 | €5,844 | €4,309 | -€1,535 | -26.3% |
| Plant, machinery and equipment | 23 | €5,844 | €4,309 | -€1,535 | -26.3% |
| Current assets | 29/58 | €83,382 | €67,081 | -€16,301 | -19.5% |
| Amounts receivable within one year | 40/41 | €51,867 | €48,049 | -€3,818 | -7.4% |
| Trade receivables | 40 | €24,286 | €17,969 | -€6,317 | -26.0% |
| Other amounts receivable | 41 | €27,581 | €30,080 | +€2,499 | +9.1% |
| Cash at bank and in hand | 54/58 | €30,242 | €18,642 | -€11,599 | -38.4% |
| Deferred charges and accrued income | 490/1 | €1,274 | €390 | -€884 | -69.4% |
| Total equity and liabilities | 10/49 | €89,226 | €71,390 | -€17,836 | -20.0% |
| Equity | 10/15 | €59,003 | €48,052 | -€10,951 | -18.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €56,503 | €45,552 | -€10,951 | -19.4% |
| Distributable reserves | 133 | €56,503 | €45,552 | -€10,951 | -19.4% |
| Amounts payable | 17/49 | €30,223 | €23,338 | -€6,885 | -22.8% |
| Amounts payable within one year | 42/48 | €30,223 | €23,338 | -€6,885 | -22.8% |
| Trade debts | 44 | €16,406 | €14,586 | -€1,820 | -11.1% |
| Suppliers | 440/4 | €16,406 | €14,586 | -€1,820 | -11.1% |
| Taxes, remuneration and social security | 45 | €13,817 | €8,752 | -€5,065 | -36.7% |
| Taxes | 450/3 | €13,817 | €8,752 | -€5,065 | -36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €813 | €1,535 | +€722 | +88.9% |
| Other operating charges | 640/8 | €1,345 | €1,167 | -€179 | -13.3% |
| Gross operating margin | 9900 | €22,046 | -€9,663 | -€31,709 | |
| Operating profit (loss) | 9901 | €19,888 | -€12,365 | -€32,253 | |
| Financial income | 75/76B | €1,109 | €1,772 | +€663 | +59.8% |
| Recurring financial income | 75 | €1,109 | €1,772 | +€663 | +59.8% |
| Financial charges | 65/66B | €268 | €220 | -€48 | -17.9% |
| Recurring financial charges | 65 | €268 | €220 | -€48 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €20,729 | -€10,813 | -€31,542 | |
| Income taxes | 67/77 | €5,466 | €138 | -€5,327 | -97.5% |
| Profit (loss) for the period | 9904 | €15,263 | -€10,951 | -€26,214 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,263 | -€10,951 | -€26,214 |
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 5 October 2026 via checked.be.