DUMCO: 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.
DUMCO
Largest movements
- Stocks and contracts +€22,691
up €22,691 (+38.5%), from €58,984 to €81,674
- Receivables within one year +€22,378
up €22,378 (+148%), from €15,128 to €37,506
of which Trade receivables: +€17,004
- Cash +€12,853
up €12,853 (+19.4%), from €66,272 to €79,125
mainly Trade debts (+€43,991) and Depreciation (+€14,326)
- Tangible fixed assets -€9,467
down €9,467 (-15.4%), from €61,594 to €52,126
of which Furniture and vehicles: -€9,346
- Trade debts +€43,991
up €43,991 (+141%), from €31,225 to €75,215
- Reserves +€5,067
up €5,067 (+7.8%), from €65,351 to €70,418
of which Distributable reserves: +€5,067
- Debts after one year -€4,436
down €4,436 (-20.1%), from €22,078 to €17,642
- Other debts +€4,127
up €4,127 (+84.1%), from €4,908 to €9,035
- Gross operating margin -€18,924
down €18,924 (-40.1%), from €47,194 to €28,271
- Taxes -€4,185
down €4,185 (-58.4%), from €7,168 to €2,983
- Write-downs -€1,516
down €1,516 (-100%), from €1,516 to €0
- Depreciation +€659
up €659 (+4.8%), from €13,667 to €14,326
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 | €206,753 | €254,016 | +€47,263 | +22.9% |
| Fixed assets | 21/28 | €61,744 | €52,276 | -€9,467 | -15.3% |
| Tangible fixed assets | 22/27 | €61,594 | €52,126 | -€9,467 | -15.4% |
| Plant, machinery and equipment | 23 | €2,083 | €1,627 | -€456 | -21.9% |
| Furniture and vehicles | 24 | €37,460 | €28,114 | -€9,346 | -24.9% |
| Other tangible fixed assets | 26 | €22,051 | €22,385 | +€334 | +1.5% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €145,009 | €201,740 | +€56,731 | +39.1% |
| Stocks and contracts in progress | 3 | €58,984 | €81,674 | +€22,691 | +38.5% |
| Stocks | 30/36 | €58,984 | €81,674 | +€22,691 | +38.5% |
| Amounts receivable within one year | 40/41 | €15,128 | €37,506 | +€22,378 | +148% |
| Trade receivables | 40 | €1,635 | €18,639 | +€17,004 | +1,040% |
| Other amounts receivable | 41 | €13,493 | €18,867 | +€5,374 | +39.8% |
| Cash at bank and in hand | 54/58 | €66,272 | €79,125 | +€12,853 | +19.4% |
| Deferred charges and accrued income | 490/1 | €4,626 | €3,435 | -€1,191 | -25.7% |
| Total equity and liabilities | 10/49 | €206,753 | €254,016 | +€47,263 | +22.9% |
| Equity | 10/15 | €85,351 | €90,418 | +€5,067 | +5.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €65,351 | €70,418 | +€5,067 | +7.8% |
| Tax-exempt reserves | 132 | €3,839 | €3,839 | = | 0.0% |
| Distributable reserves | 133 | €61,512 | €66,580 | +€5,067 | +8.2% |
| Amounts payable | 17/49 | €121,402 | €163,598 | +€42,196 | +34.8% |
| Amounts payable after more than one year | 17 | €22,078 | €17,642 | -€4,436 | -20.1% |
| Financial debts | 170/4 | €22,078 | €17,642 | -€4,436 | -20.1% |
| Amounts payable within one year | 42/48 | €98,329 | €144,919 | +€46,589 | +47.4% |
| Current portion of amounts payable after more than one year | 42 | €6,493 | €4,436 | -€2,057 | -31.7% |
| Trade debts | 44 | €31,225 | €75,215 | +€43,991 | +141% |
| Suppliers | 440/4 | €31,225 | €75,215 | +€43,991 | +141% |
| Taxes, remuneration and social security | 45 | €55,704 | €56,232 | +€528 | +0.9% |
| Taxes | 450/3 | €8,542 | €10,621 | +€2,079 | +24.3% |
| Remuneration and social security | 454/9 | €47,161 | €45,611 | -€1,550 | -3.3% |
| Other amounts payable | 47/48 | €4,908 | €9,035 | +€4,127 | +84.1% |
| Accrued charges and deferred income | 492/3 | €995 | €1,038 | +€43 | +4.3% |
| Non-recurring operating income | 76A | €11,600 | €0 | -€11,600 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,667 | €14,326 | +€659 | +4.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,516 | €0 | -€1,516 | -100% |
| Other operating charges | 640/8 | €1,314 | €1,281 | -€33 | -2.5% |
| Gross operating margin | 9900 | €47,194 | €28,271 | -€18,924 | -40.1% |
| Operating profit (loss) | 9901 | €30,697 | €12,664 | -€18,033 | -58.7% |
| Financial income | 75/76B | €314 | €239 | -€75 | -24.0% |
| Recurring financial income | 75 | €314 | €239 | -€75 | -24.0% |
| Financial charges | 65/66B | €5,300 | €4,852 | -€448 | -8.5% |
| Recurring financial charges | 65 | €5,300 | €4,852 | -€448 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €25,710 | €8,051 | -€17,660 | -68.7% |
| Income taxes | 67/77 | €7,168 | €2,983 | -€4,185 | -58.4% |
| Profit (loss) for the period | 9904 | €18,542 | €5,067 | -€13,475 | -72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,542 | €5,067 | -€13,475 | -72.7% |
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 14 October 2026 via checked.be.