DMD: what changed
DMD
Largest movements
- Receivables within one year +€310,301
up €310,301 (+112%), from €276,937 to €587,238
of which Trade receivables: +€263,708
- Cash -€98,079
down €98,079 (-91.4%), from €107,335 to €9,256
mainly Receivables within one year (-€310,301) and Tax, wage and social debts (-€21,424)
- Tangible fixed assets -€15,697
down €15,697 (-26.5%), from €59,324 to €43,627
- Trade debts +€90,042
up €90,042 (+253%), from €35,581 to €125,623
- Profit (loss) carried forward +€67,826
up €67,826 (+45.0%), from €150,805 to €218,631
- Other debts +€60,000
new in 2024: €60,000
- Tax, wage and social debts -€21,424
down €21,424 (-8.3%), from €256,610 to €235,186
of which Remuneration and social security: -€31,838
- Gross operating margin +€395,875
up €395,875 (+25.9%), from €1.5m to €1.9m
- Staff costs +€331,510
up €331,510 (+22.8%), from €1.5m to €1.8m
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €445,996 | €642,521 | +€196,526 | +44.1% |
| Fixed assets | 21/28 | €61,724 | €46,027 | -€15,697 | -25.4% |
| Tangible fixed assets | 22/27 | €59,324 | €43,627 | -€15,697 | -26.5% |
| Furniture and vehicles | 24 | €59,324 | €43,627 | -€15,697 | -26.5% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €384,272 | €596,494 | +€212,223 | +55.2% |
| Amounts receivable within one year | 40/41 | €276,937 | €587,238 | +€310,301 | +112% |
| Trade receivables | 40 | €208,513 | €472,221 | +€263,708 | +126% |
| Other amounts receivable | 41 | €68,424 | €115,017 | +€46,593 | +68.1% |
| Cash at bank and in hand | 54/58 | €107,335 | €9,256 | -€98,079 | -91.4% |
| Total equity and liabilities | 10/49 | €445,996 | €642,521 | +€196,526 | +44.1% |
| Equity | 10/15 | €153,805 | €221,631 | +€67,826 | +44.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €150,805 | €218,631 | +€67,826 | +45.0% |
| Amounts payable | 17/49 | €292,191 | €420,890 | +€128,700 | +44.0% |
| Amounts payable within one year | 42/48 | €292,191 | €420,809 | +€128,618 | +44.0% |
| Trade debts | 44 | €35,581 | €125,623 | +€90,042 | +253% |
| Suppliers | 440/4 | €35,581 | €125,623 | +€90,042 | +253% |
| Taxes, remuneration and social security | 45 | €256,610 | €235,186 | -€21,424 | -8.3% |
| Taxes | 450/3 | €77,624 | €88,038 | +€10,414 | +13.4% |
| Remuneration and social security | 454/9 | €178,986 | €147,148 | -€31,838 | -17.8% |
| Other amounts payable | 47/48 | - | €60,000 | +€60,000 | |
| Accrued charges and deferred income | 492/3 | - | €82 | +€82 | |
| Remuneration, social security and pensions | 62 | €1,454,745 | €1,786,255 | +€331,510 | +22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,615 | €24,958 | +€12,343 | +97.8% |
| Other operating charges | 640/8 | €6,529 | €13,544 | +€7,015 | +107% |
| Gross operating margin | 9900 | €1,528,544 | €1,924,419 | +€395,875 | +25.9% |
| Operating profit (loss) | 9901 | €54,656 | €99,662 | +€45,006 | +82.3% |
| Financial income | 75/76B | €1,815 | - | -€1,815 | |
| Recurring financial income | 75 | €1,815 | - | -€1,815 | |
| Financial charges | 65/66B | €673 | €733 | +€61 | +9.0% |
| Recurring financial charges | 65 | €673 | €733 | +€61 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €55,798 | €98,929 | +€43,131 | +77.3% |
| Income taxes | 67/77 | €14,566 | €31,103 | +€16,536 | +114% |
| Profit (loss) for the period | 9904 | €41,232 | €67,826 | +€26,594 | +64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,232 | €67,826 | +€26,594 | +64.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.