DSM Médical: what changed
DSM Médical
Largest movements
- Cash +€55,244
up €55,244 (+91.8%), from €60,189 to €115,434
mainly Net result for the year (+€76,640) and Depreciation (+€11,528)
- Deferred charges and accrued income +€4,203
new in 2025: €4,203
- Profit (loss) carried forward +€76,640
up €76,640 (+184%), from €41,668 to €118,308
- Tax, wage and social debts -€10,819
down €10,819 (-88.5%), from €12,219 to €1,400
of which Taxes: -€10,817
- Debts after one year -€10,417
down €10,417 (-5.7%), from €181,694 to €171,276
- Other debts +€4,451
up €4,451 (+13.7%), from €32,558 to €37,008
- Gross operating margin +€49,149
up €49,149 (+79.4%), from €61,913 to €111,062
- Depreciation +€7,312
up €7,312 (+173%), from €4,217 to €11,528
- Taxes +€4,756
up €4,756 (+44.0%), from €10,817 to €15,573
- Financial charges +€3,721
up €3,721 (+116%), from €3,221 to €6,941
- Other operating charges -€1,612
down €1,612 (-81.0%), from €1,991 to €379
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €285,244 | €342,964 | +€57,721 | +20.2% |
| Fixed assets | 21/28 | €223,954 | €221,900 | -€2,054 | -0.9% |
| Tangible fixed assets | 22/27 | €223,954 | €221,900 | -€2,054 | -0.9% |
| Land and buildings | 22 | €223,954 | €221,900 | -€2,054 | -0.9% |
| Current assets | 29/58 | €61,289 | €121,064 | +€59,775 | +97.5% |
| Amounts receivable within one year | 40/41 | €1,100 | €1,427 | +€327 | +29.7% |
| Trade receivables | 40 | €1,100 | - | -€1,100 | |
| Other amounts receivable | 41 | - | €1,427 | +€1,427 | |
| Cash at bank and in hand | 54/58 | €60,189 | €115,434 | +€55,244 | +91.8% |
| Deferred charges and accrued income | 490/1 | - | €4,203 | +€4,203 | |
| Total equity and liabilities | 10/49 | €285,244 | €342,964 | +€57,721 | +20.2% |
| Equity | 10/15 | €44,668 | €121,308 | +€76,640 | +172% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,668 | €118,308 | +€76,640 | +184% |
| Amounts payable | 17/49 | €240,575 | €221,656 | -€18,920 | -7.9% |
| Amounts payable after more than one year | 17 | €181,694 | €171,276 | -€10,417 | -5.7% |
| Financial debts | 170/4 | €181,694 | €171,276 | -€10,417 | -5.7% |
| Amounts payable within one year | 42/48 | €56,338 | €50,380 | -€5,959 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €10,041 | €10,418 | +€377 | +3.8% |
| Trade debts | 44 | €1,521 | €1,554 | +€33 | +2.2% |
| Suppliers | 440/4 | €1,521 | €1,554 | +€33 | +2.2% |
| Taxes, remuneration and social security | 45 | €12,219 | €1,400 | -€10,819 | -88.5% |
| Taxes | 450/3 | €10,817 | - | -€10,817 | |
| Remuneration and social security | 454/9 | €1,402 | €1,400 | -€2 | -0.2% |
| Other amounts payable | 47/48 | €32,558 | €37,008 | +€4,451 | +13.7% |
| Accrued charges and deferred income | 492/3 | €2,544 | - | -€2,544 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,217 | €11,528 | +€7,312 | +173% |
| Other operating charges | 640/8 | €1,991 | €379 | -€1,612 | -81.0% |
| Gross operating margin | 9900 | €61,913 | €111,062 | +€49,149 | +79.4% |
| Operating profit (loss) | 9901 | €55,705 | €99,155 | +€43,449 | +78.0% |
| Financial charges | 65/66B | €3,221 | €6,941 | +€3,721 | +116% |
| Recurring financial charges | 65 | €3,221 | €6,941 | +€3,721 | +116% |
| Profit (loss) for the period before taxes | 9903 | €52,485 | €92,213 | +€39,728 | +75.7% |
| Income taxes | 67/77 | €10,817 | €15,573 | +€4,756 | +44.0% |
| Profit (loss) for the period | 9904 | €41,668 | €76,640 | +€34,972 | +83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,668 | €76,640 | +€34,972 | +83.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.