DMDN: 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.
DMDN
Largest movements
- Intangible fixed assets -€93,253
down €93,253 (-29.3%), from €318,338 to €225,085
- Tangible fixed assets -€42,135
down €42,135 (-10.9%), from €386,240 to €344,105
- Debts after one year -€122,187
down €122,187 (-20.2%), from €605,038 to €482,851
of which Financial debts: -€116,947
- Tax, wage and social debts -€25,295
down €25,295 (-61.7%), from €40,982 to €15,687
of which Taxes: -€18,584
- Current portion of long-term debt -€25,244
down €25,244 (-17.7%), from €142,242 to €116,997
- Profit (loss) carried forward +€19,024
up €19,024 (+8.3%), from €228,514 to €247,538
- Trade debts +€13,056
up €13,056 (+245%), from €5,319 to €18,374
- Staff costs +€14,697
up €14,697 (+14.9%), from €98,355 to €113,052
- Gross operating margin +€10,543
up €10,543 (+3.6%), from €291,036 to €301,578
- Depreciation +€7,061
up €7,061 (+5.5%), from €128,328 to €135,388
- Other operating charges -€4,484
down €4,484 (-33.4%), from €13,412 to €8,928
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 | €1,045,752 | €917,710 | -€128,042 | -12.2% |
| Fixed assets | 21/28 | €1,004,739 | €869,350 | -€135,388 | -13.5% |
| Intangible fixed assets | 21 | €318,338 | €225,085 | -€93,253 | -29.3% |
| Tangible fixed assets | 22/27 | €386,240 | €344,105 | -€42,135 | -10.9% |
| Land and buildings | 22 | €254,604 | €244,188 | -€10,416 | -4.1% |
| Plant, machinery and equipment | 23 | €1,656 | €1,274 | -€382 | -23.1% |
| Furniture and vehicles | 24 | €51,981 | €38,792 | -€13,188 | -25.4% |
| Leasing and similar rights | 25 | €78,000 | €59,851 | -€18,149 | -23.3% |
| Financial fixed assets | 28 | €300,160 | €300,160 | = | 0.0% |
| Current assets | 29/58 | €41,013 | €48,360 | +€7,346 | +17.9% |
| Amounts receivable within one year | 40/41 | €31,137 | €38,084 | +€6,947 | +22.3% |
| Trade receivables | 40 | €30,840 | €37,287 | +€6,447 | +20.9% |
| Other amounts receivable | 41 | €297 | €797 | +€500 | +168% |
| Cash at bank and in hand | 54/58 | €8,482 | - | -€8,482 | |
| Deferred charges and accrued income | 490/1 | €1,394 | €10,275 | +€8,881 | +637% |
| Total equity and liabilities | 10/49 | €1,045,752 | €917,710 | -€128,042 | -12.2% |
| Equity | 10/15 | €248,974 | €267,998 | +€19,024 | +7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €228,514 | €247,538 | +€19,024 | +8.3% |
| Amounts payable | 17/49 | €796,778 | €649,712 | -€147,066 | -18.5% |
| Amounts payable after more than one year | 17 | €605,038 | €482,851 | -€122,187 | -20.2% |
| Financial debts | 170/4 | €540,536 | €423,589 | -€116,947 | -21.6% |
| Other amounts payable | 178/9 | €64,502 | €59,263 | -€5,239 | -8.1% |
| Amounts payable within one year | 42/48 | €191,740 | €166,861 | -€24,879 | -13.0% |
| Current portion of amounts payable after more than one year | 42 | €142,242 | €116,997 | -€25,244 | -17.7% |
| Financial debts | 43 | €3,197 | €15,802 | +€12,605 | +394% |
| Other loans | 439 | €3,197 | €15,802 | +€12,605 | +394% |
| Trade debts | 44 | €5,319 | €18,374 | +€13,056 | +245% |
| Suppliers | 440/4 | €5,319 | €18,374 | +€13,056 | +245% |
| Taxes, remuneration and social security | 45 | €40,982 | €15,687 | -€25,295 | -61.7% |
| Taxes | 450/3 | €18,893 | €309 | -€18,584 | -98.4% |
| Remuneration and social security | 454/9 | €22,089 | €15,378 | -€6,711 | -30.4% |
| Remuneration, social security and pensions | 62 | €98,355 | €113,052 | +€14,697 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €128,328 | €135,388 | +€7,061 | +5.5% |
| Other operating charges | 640/8 | €13,412 | €8,928 | -€4,484 | -33.4% |
| Gross operating margin | 9900 | €291,036 | €301,578 | +€10,543 | +3.6% |
| Operating profit (loss) | 9901 | €50,940 | €44,210 | -€6,730 | -13.2% |
| Financial income | 75/76B | €5 | €111 | +€106 | +2,121% |
| Recurring financial income | 75 | €5 | €111 | +€106 | +2,121% |
| Financial charges | 65/66B | €17,687 | €15,797 | -€1,890 | -10.7% |
| Recurring financial charges | 65 | €17,687 | €15,797 | -€1,890 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €33,258 | €28,524 | -€4,734 | -14.2% |
| Income taxes | 67/77 | €10,311 | €9,500 | -€811 | -7.9% |
| Profit (loss) for the period | 9904 | €22,947 | €19,024 | -€3,923 | -17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,947 | €19,024 | -€3,923 | -17.1% |
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 25 October 2026 via checked.be.