DUMASY: 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.
DUMASY
Largest movements
- Current investments +€60,000
up €60,000 (+24.0%), from €250,000 to €310,000
- Tangible fixed assets -€21,396
down €21,396 (-42.2%), from €50,673 to €29,277
of which Furniture and vehicles: -€21,037
- Cash +€20,369
up €20,369 (+12.0%), from €169,264 to €189,633
mainly Net result for the year (+€112,605) and Tax, wage and social debts (+€22,914)
- Reserves +€49,339
up €49,339 (+13.6%), from €363,701 to €413,041
- Tax, wage and social debts +€22,914
up €22,914 (+141.6%), from €16,182 to €39,096
- Other debts -€8,310
down €8,310 (-11.6%), from €71,576 to €63,266
- Financial income +€12,363
up €12,363 (+1947.2%), from €635 to €12,998
- Taxes +€4,771
up €4,771 (+11.1%), from €42,916 to €47,687
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 | €498,531 | €554,804 | +€56,273 | +11.3% |
| Fixed assets | 21/28 | €50,673 | €29,277 | -€21,396 | -42.2% |
| Tangible fixed assets | 22/27 | €50,673 | €29,277 | -€21,396 | -42.2% |
| Plant, machinery and equipment | 23 | €2,947 | €2,588 | -€359 | -12.2% |
| Furniture and vehicles | 24 | €47,726 | €26,689 | -€21,037 | -44.1% |
| Current assets | 29/58 | €447,858 | €525,527 | +€77,668 | +17.3% |
| Amounts receivable within one year | 40/41 | €127 | €180 | +€52 | +41.0% |
| Other amounts receivable | 41 | €127 | €180 | +€52 | +41.0% |
| Current investments | 50/53 | €250,000 | €310,000 | +€60,000 | +24.0% |
| Cash at bank and in hand | 54/58 | €169,264 | €189,633 | +€20,369 | +12.0% |
| Deferred charges and accrued income | 490/1 | €28,467 | €25,714 | -€2,753 | -9.7% |
| Total equity and liabilities | 10/49 | €498,531 | €554,804 | +€56,273 | +11.3% |
| Equity | 10/15 | €376,301 | €425,641 | +€49,339 | +13.1% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €363,701 | €413,041 | +€49,339 | +13.6% |
| Distributable reserves | 133 | €363,701 | €413,041 | +€49,339 | +13.6% |
| Amounts payable | 17/49 | €122,230 | €129,163 | +€6,933 | +5.7% |
| Amounts payable after more than one year | 17 | €26,741 | €21,461 | -€5,280 | -19.7% |
| Financial debts | 170/4 | €26,741 | €21,461 | -€5,280 | -19.7% |
| Amounts payable within one year | 42/48 | €95,489 | €107,702 | +€12,213 | +12.8% |
| Current portion of amounts payable after more than one year | 42 | €7,716 | €5,280 | -€2,437 | -31.6% |
| Trade debts | 44 | €14 | €61 | +€47 | +333.2% |
| Suppliers | 440/4 | €14 | €61 | +€47 | +333.2% |
| Taxes, remuneration and social security | 45 | €16,182 | €39,096 | +€22,914 | +141.6% |
| Taxes | 450/3 | €16,182 | €39,096 | +€22,914 | +141.6% |
| Other amounts payable | 47/48 | €71,576 | €63,266 | -€8,310 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,656 | €21,396 | -€260 | -1.2% |
| Other operating charges | 640/8 | €628 | €654 | +€26 | +4.2% |
| Gross operating margin | 9900 | €170,440 | €169,945 | -€495 | -0.3% |
| Operating profit (loss) | 9901 | €148,157 | €147,895 | -€262 | -0.2% |
| Financial income | 75/76B | €635 | €12,998 | +€12,363 | +1947.2% |
| Recurring financial income | 75 | €635 | €12,998 | +€12,363 | +1947.2% |
| Financial charges | 65/66B | €707 | €601 | -€106 | -15.0% |
| Recurring financial charges | 65 | €707 | €601 | -€106 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €148,084 | €160,292 | +€12,208 | +8.2% |
| Income taxes | 67/77 | €42,916 | €47,687 | +€4,771 | +11.1% |
| Profit (loss) for the period | 9904 | €105,168 | €112,605 | +€7,437 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €105,168 | €112,605 | +€7,437 | +7.1% |
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.