DEMOLANS LOGISTICS
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
8 d early
2023
48 d early
2022
26 d early
2021
37 d early
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€5.16M
EBIT margin
2.7%
Net result
€66k▼ 86.4%
2023 · €488k
2020: €258k
2021: €600k
2022: €1.01M
2023: €488k
2020 → 2024
Working capital
€1.87M▼ 19.3%
2023 · €2.32M
2020: €713k
2021: €2.46M
2022: €3.19M
2023: €2.32M
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€5.16M
Equity€773k-€1.27M▲ 64.6%€2.28M▲ 79.3%€2.77M▲ 21.4%€2.34M▼ 15.7%
Operating result€345k-€856k▲ 148%€1.23M▲ 43.9%€744k▼ 39.6%€141k▼ 81.1%
Net result€258k-€600k▲ 132%€1.01M▲ 68.3%€488k▼ 51.7%€66k▼ 86.4%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 81% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.17M
Fixed assets
€1.02M ▼ 18.2%
Current assets
€4.15M ▲ 28.9%
Equity and liabilities €5.17M
Equity
€2.34M ▼ 15.7%
Debt
€2.84M ▲ 67.0%
Debt's share of the balance-sheet total rises from 38.0% to 54.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€501k▼
2023 · €1.10M
Cash flow
€427k▼
2023 · €842k
Current ratio
1.82▼
2023 · 3.56
Debt to equity
1.21▲
2023 · 0.61
ROE
2.8%▼
2023 · 17.6%
ROA
1.3%▼
2023 · 10.9%
Interest coverage
11.62▼
2023 · 12.05
Debt ≤ 1 year
€2.28M▲
2023 · €905k
Debt > 1 year
€552k▼
2023 · €792k
Income taxes
€43k▼
2023 · €165k
Staff costs
€2.22M▲
2023 · €2.00M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 73 lines
Balance sheet
Code20232024
Assets
Total assets20/58€4.47M€5.17M▲
Fixed assets21/28€1.25M€1.02M▼
Tangible fixed assets22/27€1.24M€1.02M▼
Plant, machinery and equipment23€9k€24k▲
Furniture and vehicles24€183k€171k▼
Leasing and similar rights25€1.05M€823k▼
Financial fixed assets28€243€243=
Other financial fixed assets284/8-€243
Amounts receivable and cash guarantees285/8-€243
Current assets29/58€3.22M€4.15M▲
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€2.67M€3.71M▲
Trade receivables40€1.04M€2.30M▲
Other amounts receivable41€1.63M€1.41M▼
Cash at bank and in hand54/58€533k€412k▼
Deferred charges and accrued income490/1€21k€33k▲
Equity and liabilities
Total equity and liabilities10/49€4.47M€5.17M▲
Equity10/15€2.77M€2.34M▼
Contributions10/11€515k€515k=
Reserves13€2.26M€1.82M▼
Tax-exempt reserves132€554k€554k=
Distributable reserves133€1.70M€1.27M▼
Amounts payable17/49€1.70M€2.84M▲
Amounts payable after more than one year17€792k€552k▼
Financial debts170/4€792k€552k▼
Leasing and similar obligations172-€552k
Amounts payable within one year42/48€905k€2.28M▲
Current portion of amounts payable after more than one year42€264k€293k▲
Financial debts43-€556k
Credit institutions430/8-€556k
Trade debts44€201k€1.11M▲
Suppliers440/4€201k€1.11M▲
Taxes, remuneration and social security45€380k€321k▼
Taxes450/3€141k€46k▼
Remuneration and social security454/9€239k€275k▲
Other amounts payable47/48€60k€0▼
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Operating income70/76A-€5.33M
Turnover70-€5.16M
Other operating income74-€162k
Non-recurring operating income76A€0€1k▲
Operating charges60/66A-€5.18M
Goods for resale, raw materials and consumables60-€164k
Purchases600/8-€164k
Services and other goods61-€2.39M
Remuneration, social security and pensions62€2.00M€2.22M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€354k€361k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€574
Other operating charges640/8€2k€43k▲
Non-recurring operating charges66A€19k€0▼
Gross operating margin9900€3.12M-
Operating profit (loss)9901€744k€141k▼
Financial income75/76B€0€16k▲
Recurring financial income75€0€16k▲
Other financial income752/9-€16k
Financial charges65/66B€91k€48k▼
Recurring financial charges65€91k€48k▼
Debt charges650-€43k
Other financial charges652/9-€4k
Profit (loss) for the period before taxes9903€653k€109k▼
Income taxes67/77€165k€43k▼
Taxes670/3-€43k
Profit (loss) for the period9904€488k€66k▼
Transfer to tax-exempt reserves689€253k€0▼
Profit (loss) for the period to be appropriated9905€236k€66k▼
Appropriation of the result
Profit (loss) to be appropriated9906€236k€66k▼
Transfer from equity791/2-€500k
From reserves792-€500k
Transfer to equity691/2€236k€66k▼
To other reserves6921€236k€66k▼
Profit to be distributed694/7-€500k
Return on contributions (dividend)694-€500k
Social balance
Average headcount (FTE)908746.543.9▼
The notes to these accounts (60 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
24-02
State Gazette act
Merger · Accounting effect
Power of attorney · Capital
2024
31-12
Financial
Weakest financial yearnet €66k ▼86.4%
Net result drops to €66k, the lowest in the series.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2020net €1.01M ▲68.3%
Operating result €1.23M, net result €1.01M, both a record.
31-12
Financial
Equity above €2MEq €2.28M ▲79.3%
3 profitable years in a row build equity to €2.28M.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity doublescurrent ratio 4.08
Current ratio from 1.88 to 4.08; short-term debt falls from €810k to €798k.
31-12
Financial
Equity above €1MEq €1.27M ▲64.6%
2 profitable years in a row build equity to €1.27M.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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About the unread acts
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:XWIFT