DMS ECO: 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 ECO
Largest movements
- Cash -€179,844
down €179,844 (-25.5%), from €703,891 to €524,047
mainly Contributions, distributions and other (-€149,564) and Other debts (-€146,086)
- Receivables within one year +€33,784
up €33,784 (+25.9%), from €130,314 to €164,099
of which Trade receivables: +€32,481
- Deferred charges and accrued income +€16,510
new in 2025: €16,510
- Other debts -€146,086
down €146,086 (-52.4%), from €278,732 to €132,646
- Reserves +€54,942
up €54,942 (+10.7%), from €514,116 to €569,058
- Tax, wage and social debts -€44,073
down €44,073 (-56.6%), from €77,900 to €33,827
- Gross operating margin -€63,694
down €63,694 (-19.1%), from €332,735 to €269,040
- Taxes -€14,508
down €14,508 (-18.6%), from €77,900 to €63,392
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 | €880,267 | €750,210 | -€130,056 | -14.8% |
| Fixed assets | 21/28 | €1,262 | €755 | -€506 | -40.1% |
| Tangible fixed assets | 22/27 | €1,262 | €755 | -€506 | -40.1% |
| Furniture and vehicles | 24 | €1,262 | €755 | -€506 | -40.1% |
| Current assets | 29/58 | €879,005 | €749,455 | -€129,550 | -14.7% |
| Amounts receivable after more than one year | 29 | €44,800 | €44,800 | = | 0.0% |
| Other amounts receivable | 291 | €44,800 | €44,800 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €130,314 | €164,099 | +€33,784 | +25.9% |
| Trade receivables | 40 | €129,199 | €161,680 | +€32,481 | +25.1% |
| Other amounts receivable | 41 | €1,116 | €2,419 | +€1,303 | +116.8% |
| Cash at bank and in hand | 54/58 | €703,891 | €524,047 | -€179,844 | -25.5% |
| Deferred charges and accrued income | 490/1 | - | €16,510 | +€16,510 | |
| Total equity and liabilities | 10/49 | €880,267 | €750,210 | -€130,056 | -14.8% |
| Equity | 10/15 | €517,116 | €572,058 | +€54,942 | +10.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €514,116 | €569,058 | +€54,942 | +10.7% |
| Distributable reserves | 133 | €514,116 | €569,058 | +€54,942 | +10.7% |
| Amounts payable | 17/49 | €363,151 | €178,153 | -€184,998 | -50.9% |
| Amounts payable within one year | 42/48 | €363,151 | €178,153 | -€184,998 | -50.9% |
| Trade debts | 44 | €6,519 | €11,680 | +€5,161 | +79.2% |
| Suppliers | 440/4 | €6,519 | €11,680 | +€5,161 | +79.2% |
| Taxes, remuneration and social security | 45 | €77,900 | €33,827 | -€44,073 | -56.6% |
| Taxes | 450/3 | €77,900 | €33,827 | -€44,073 | -56.6% |
| Other amounts payable | 47/48 | €278,732 | €132,646 | -€146,086 | -52.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €257 | €506 | +€249 | +96.8% |
| Other operating charges | 640/8 | €310 | €128 | -€183 | -58.9% |
| Gross operating margin | 9900 | €332,735 | €269,040 | -€63,694 | -19.1% |
| Operating profit (loss) | 9901 | €332,167 | €268,406 | -€63,761 | -19.2% |
| Financial charges | 65/66B | €886 | €508 | -€378 | -42.7% |
| Recurring financial charges | 65 | €878 | €248 | -€630 | -71.8% |
| Non-recurring financial charges | 66B | €8 | €260 | +€251 | +3013.5% |
| Profit (loss) for the period before taxes | 9903 | €331,281 | €267,899 | -€63,382 | -19.1% |
| Income taxes | 67/77 | €77,900 | €63,392 | -€14,508 | -18.6% |
| Profit (loss) for the period | 9904 | €253,381 | €204,506 | -€48,875 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €253,381 | €204,506 | -€48,875 | -19.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.