DR. DAMEN L.: what changed
Two financial 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.
DR. DAMEN L.
Largest movements
- Cash +€184,644
up €184,644 (+91.5%), from €201,805 to €386,449
mainly Net result for the year (+€124,898) and Receivables within one year (+€53,824)
- Receivables within one year -€53,824
down €53,824 (-97.4%), from €55,284 to €1,460
of which Other amounts receivable: -€53,824
- Reserves +€123,232
up €123,232 (+13.0%), from €950,086 to €1.1m
- Gross operating margin +€26,933
up €26,933 (+16.9%), from €159,471 to €186,404
- Taxes +€7,106
up €7,106 (+13.7%), from €52,016 to €59,122
- Financial income -€2,809
down €2,809 (-18.4%), from €15,250 to €12,441
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.
Derived cash bridge
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 | €1,159,582 | €1,282,107 | +€122,524 | +10.6% |
| Fixed assets | 21/28 | €376,289 | €371,977 | -€4,312 | -1.1% |
| Tangible fixed assets | 22/27 | €376,289 | €371,977 | -€4,312 | -1.1% |
| Land and buildings | 22 | €343,808 | €349,935 | +€6,127 | +1.8% |
| Plant, machinery and equipment | 23 | €1,367 | €909 | -€457 | -33.5% |
| Furniture and vehicles | 24 | €31,114 | €21,133 | -€9,982 | -32.1% |
| Current assets | 29/58 | €783,293 | €910,130 | +€126,837 | +16.2% |
| Amounts receivable within one year | 40/41 | €55,284 | €1,460 | -€53,824 | -97.4% |
| Trade receivables | 40 | €1,460 | €1,460 | = | 0.0% |
| Other amounts receivable | 41 | €53,824 | €0 | -€53,824 | -100% |
| Current investments | 50/53 | €519,716 | €519,237 | -€479 | -0.1% |
| Cash at bank and in hand | 54/58 | €201,805 | €386,449 | +€184,644 | +91.5% |
| Deferred charges and accrued income | 490/1 | €6,488 | €2,984 | -€3,504 | -54.0% |
| Total equity and liabilities | 10/49 | €1,159,582 | €1,282,107 | +€122,524 | +10.6% |
| Equity | 10/15 | €1,119,886 | €1,243,117 | +€123,232 | +11.0% |
| Contributions | 10/11 | €169,800 | €169,800 | = | 0.0% |
| Reserves | 13 | €950,086 | €1,073,317 | +€123,232 | +13.0% |
| Distributable reserves | 133 | €950,086 | €1,073,317 | +€123,232 | +13.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €39,696 | €38,989 | -€707 | -1.8% |
| Amounts payable within one year | 42/48 | €39,696 | €38,989 | -€707 | -1.8% |
| Trade debts | 44 | €67 | €339 | +€272 | +409% |
| Suppliers | 440/4 | €67 | €339 | +€272 | +409% |
| Taxes, remuneration and social security | 45 | €13,908 | €10,812 | -€3,097 | -22.3% |
| Taxes | 450/3 | €13,908 | €10,812 | -€3,097 | -22.3% |
| Other amounts payable | 47/48 | €25,722 | €27,839 | +€2,117 | +8.2% |
| Remuneration, social security and pensions | 62 | €1,059 | €1,135 | +€76 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,782 | €12,787 | +€1,005 | +8.5% |
| Other operating charges | 640/8 | €249 | €275 | +€26 | +10.3% |
| Gross operating margin | 9900 | €159,471 | €186,404 | +€26,933 | +16.9% |
| Operating profit (loss) | 9901 | €146,381 | €172,207 | +€25,826 | +17.6% |
| Financial income | 75/76B | €15,250 | €12,441 | -€2,809 | -18.4% |
| Recurring financial income | 75 | €15,250 | €12,441 | -€2,809 | -18.4% |
| Financial charges | 65/66B | €360 | €629 | +€270 | +75.0% |
| Recurring financial charges | 65 | €360 | €629 | +€270 | +75.0% |
| Profit (loss) for the period before taxes | 9903 | €161,272 | €184,019 | +€22,747 | +14.1% |
| Income taxes | 67/77 | €52,016 | €59,122 | +€7,106 | +13.7% |
| Profit (loss) for the period | 9904 | €109,256 | €124,898 | +€15,641 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €109,256 | €124,898 | +€15,641 | +14.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.