DMVets: 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.
DMVets
Largest movements
- Tangible fixed assets -€16,700
down €16,700 (-11.7%), from €142,365 to €125,666
of which Other tangible fixed assets: -€14,874
- Stocks and contracts -€1,941
down €1,941 (-6.2%), from €31,214 to €29,274
- Debts after one year -€25,249
down €25,249 (-55.1%), from €45,836 to €20,586
- Tax, wage and social debts +€11,424
up €11,424 (+73.5%), from €15,544 to €26,969
of which Remuneration and social security: +€7,208
- Trade debts -€11,229
down €11,229 (-13.0%), from €86,503 to €75,274
- Profit (loss) carried forward +€8,379
up €8,379 (+597.8%), from €1,402 to €9,781
- Short-term financial debts -€5,296
down €5,296 (-85.9%), from €6,162 to €866
- Staff costs +€11,886
up €11,886 (+14.8%), from €80,160 to €92,045
- Gross operating margin +€11,349
up €11,349 (+9.8%), from €116,138 to €127,488
- Depreciation -€3,381
down €3,381 (-16.5%), from €20,535 to €17,153
- Financial charges +€2,758
up €2,758 (+65.2%), from €4,232 to €6,990
- Taxes +€2,154
new in 2025: €2,154
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €187,192 | €168,524 | -€18,668 | -10.0% |
| Fixed assets | 21/28 | €142,365 | €125,666 | -€16,700 | -11.7% |
| Tangible fixed assets | 22/27 | €142,365 | €125,666 | -€16,700 | -11.7% |
| Plant, machinery and equipment | 23 | €2,564 | €1,855 | -€709 | -27.6% |
| Furniture and vehicles | 24 | €1,242 | €125 | -€1,117 | -89.9% |
| Other tangible fixed assets | 26 | €138,560 | €123,686 | -€14,874 | -10.7% |
| Current assets | 29/58 | €44,826 | €42,858 | -€1,968 | -4.4% |
| Stocks and contracts in progress | 3 | €31,214 | €29,274 | -€1,941 | -6.2% |
| Stocks | 30/36 | €31,214 | €29,274 | -€1,941 | -6.2% |
| Amounts receivable within one year | 40/41 | €13,612 | €13,584 | -€28 | -0.2% |
| Trade receivables | 40 | €2,428 | - | -€2,428 | |
| Other amounts receivable | 41 | €11,184 | €13,584 | +€2,400 | +21.5% |
| Total equity and liabilities | 10/49 | €187,192 | €168,524 | -€18,668 | -10.0% |
| Equity | 10/15 | €7,602 | €15,981 | +€8,379 | +110.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,402 | €9,781 | +€8,379 | +597.8% |
| Amounts payable | 17/49 | €179,590 | €152,543 | -€27,047 | -15.1% |
| Amounts payable after more than one year | 17 | €45,836 | €20,586 | -€25,249 | -55.1% |
| Financial debts | 170/4 | €45,836 | €20,586 | -€25,249 | -55.1% |
| Amounts payable within one year | 42/48 | €133,755 | €131,956 | -€1,798 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €24,795 | €25,249 | +€454 | +1.8% |
| Financial debts | 43 | €6,162 | €866 | -€5,296 | -85.9% |
| Credit institutions | 430/8 | €6,162 | €866 | -€5,296 | -85.9% |
| Trade debts | 44 | €86,503 | €75,274 | -€11,229 | -13.0% |
| Suppliers | 440/4 | €86,503 | €75,274 | -€11,229 | -13.0% |
| Taxes, remuneration and social security | 45 | €15,544 | €26,969 | +€11,424 | +73.5% |
| Taxes | 450/3 | €6,370 | €10,587 | +€4,216 | +66.2% |
| Remuneration and social security | 454/9 | €9,174 | €16,382 | +€7,208 | +78.6% |
| Other amounts payable | 47/48 | €750 | €3,599 | +€2,849 | +380.0% |
| Remuneration, social security and pensions | 62 | €80,160 | €92,045 | +€11,886 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,535 | €17,153 | -€3,381 | -16.5% |
| Other operating charges | 640/8 | €1,080 | €773 | -€307 | -28.4% |
| Gross operating margin | 9900 | €116,138 | €127,488 | +€11,349 | +9.8% |
| Operating profit (loss) | 9901 | €14,364 | €17,516 | +€3,152 | +21.9% |
| Financial income | 75/76B | €4 | €8 | +€4 | +99.5% |
| Recurring financial income | 75 | €4 | €8 | +€4 | +99.5% |
| Financial charges | 65/66B | €4,232 | €6,990 | +€2,758 | +65.2% |
| Recurring financial charges | 65 | €4,232 | €6,990 | +€2,758 | +65.2% |
| Profit (loss) for the period before taxes | 9903 | €10,136 | €10,534 | +€398 | +3.9% |
| Income taxes | 67/77 | - | €2,154 | +€2,154 | |
| Profit (loss) for the period | 9904 | €10,136 | €8,379 | -€1,756 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,136 | €8,379 | -€1,756 | -17.3% |
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.