PM DAK: 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.
PM DAK
Largest movements
- Receivables within one year +€27,475
up €27,475 (+75.1%), from €36,594 to €64,069
of which Trade receivables: +€43,434
- Cash +€13,132
up €13,132 (+192.0%), from €6,841 to €19,973
mainly Net result for the year (+€20,160) and Trade debts (+€19,040)
- Tangible fixed assets +€5,022
up €5,022 (+202.7%), from €2,478 to €7,499
of which Furniture and vehicles: +€4,081
- Profit (loss) carried forward +€20,160
up €20,160 (+183.3%), from €10,999 to €31,159
- Trade debts +€19,040
up €19,040 (+70.4%), from €27,061 to €46,101
- Tax, wage and social debts +€6,429
up €6,429 (+225.4%), from €2,852 to €9,281
- Turnover -€464,511
no longer reported in 2025 (was €464,511)
- Purchases and services -€452,638
no longer reported in 2025 (was €452,638)
- Gross operating margin +€17,159
up €17,159 (+144.5%), from €11,874 to €29,033
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 | €45,912 | €91,541 | +€45,629 | +99.4% |
| Fixed assets | 21/28 | €2,478 | €7,499 | +€5,022 | +202.7% |
| Tangible fixed assets | 22/27 | €2,478 | €7,499 | +€5,022 | +202.7% |
| Plant, machinery and equipment | 23 | €1,364 | €2,304 | +€941 | +69.0% |
| Furniture and vehicles | 24 | €1,114 | €5,195 | +€4,081 | +366.3% |
| Current assets | 29/58 | €43,435 | €84,042 | +€40,607 | +93.5% |
| Amounts receivable within one year | 40/41 | €36,594 | €64,069 | +€27,475 | +75.1% |
| Trade receivables | 40 | €7,339 | €50,773 | +€43,434 | +591.8% |
| Other amounts receivable | 41 | €29,255 | €13,296 | -€15,959 | -54.6% |
| Cash at bank and in hand | 54/58 | €6,841 | €19,973 | +€13,132 | +192.0% |
| Total equity and liabilities | 10/49 | €45,912 | €91,541 | +€45,629 | +99.4% |
| Equity | 10/15 | €15,999 | €36,159 | +€20,160 | +126.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,999 | €31,159 | +€20,160 | +183.3% |
| Amounts payable | 17/49 | €29,913 | €55,382 | +€25,469 | +85.1% |
| Amounts payable within one year | 42/48 | €29,913 | €55,382 | +€25,469 | +85.1% |
| Trade debts | 44 | €27,061 | €46,101 | +€19,040 | +70.4% |
| Suppliers | 440/4 | €27,061 | €46,101 | +€19,040 | +70.4% |
| Taxes, remuneration and social security | 45 | €2,852 | €9,281 | +€6,429 | +225.4% |
| Taxes | 450/3 | €2,852 | €9,281 | +€6,429 | +225.4% |
| Turnover | 70 | €464,511 | - | -€464,511 | |
| Goods, raw materials, services and sundry goods | 60/61 | €452,638 | - | -€452,638 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €429 | €1,533 | +€1,105 | +257.8% |
| Other operating charges | 640/8 | €569 | €578 | +€9 | +1.5% |
| Gross operating margin | 9900 | €11,874 | €29,033 | +€17,159 | +144.5% |
| Operating profit (loss) | 9901 | €10,876 | €26,922 | +€16,046 | +147.5% |
| Financial income | 75/76B | €781 | €530 | -€251 | -32.2% |
| Recurring financial income | 75 | €781 | €530 | -€251 | -32.2% |
| Financial charges | 65/66B | €386 | €506 | +€120 | +31.1% |
| Recurring financial charges | 65 | €386 | €506 | +€120 | +31.1% |
| Profit (loss) for the period before taxes | 9903 | €11,272 | €26,946 | +€15,675 | +139.1% |
| Income taxes | 67/77 | €2,325 | €6,786 | +€4,462 | +191.9% |
| Profit (loss) for the period | 9904 | €8,947 | €20,160 | +€11,213 | +125.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,947 | €20,160 | +€11,213 | +125.3% |
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 4 October 2026 via checked.be.