A. DEMOL: 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.
A. DEMOL
Largest movements
- Receivables within one year -€38,877
down €38,877 (-20.5%), from €189,793 to €150,916
of which Trade receivables: -€21,764
- Receivables after one year -€8,372
down €8,372 (-56.2%), from €14,893 to €6,521
- Other debts -€50,000
no longer reported in 2024 (was €50,000)
- Trade debts +€18,362
up €18,362 (+27.3%), from €67,279 to €85,641
- Tax, wage and social debts -€11,158
down €11,158 (-88.9%), from €12,558 to €1,400
- Profit (loss) carried forward -€5,882
down €5,882 (-6.6%), from €88,858 to €82,976
- Turnover -€76,166
down €76,166 (-17.3%), from €440,784 to €364,619
- Gross operating margin -€38,469
down €38,469, from €34,205 to -€4,264
- Purchases and services -€37,697
down €37,697 (-9.3%), from €406,579 to €368,882
- Taxes -€7,304
down €7,304 (-100.0%), from €7,306 to €2
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,755 | €178,077 | -€48,678 | -21.5% |
| Fixed assets | 21/28 | €3,152 | €3,073 | -€79 | -2.5% |
| Tangible fixed assets | 22/27 | €3,152 | €3,073 | -€79 | -2.5% |
| Plant, machinery and equipment | 23 | €2,940 | €2,693 | -€246 | -8.4% |
| Furniture and vehicles | 24 | €212 | €379 | +€168 | +79.1% |
| Current assets | 29/58 | €223,604 | €175,004 | -€48,600 | -21.7% |
| Amounts receivable after more than one year | 29 | €14,893 | €6,521 | -€8,372 | -56.2% |
| Other amounts receivable | 291 | €14,893 | €6,521 | -€8,372 | -56.2% |
| Amounts receivable within one year | 40/41 | €189,793 | €150,916 | -€38,877 | -20.5% |
| Trade receivables | 40 | €121,781 | €100,017 | -€21,764 | -17.9% |
| Other amounts receivable | 41 | €68,012 | €50,899 | -€17,113 | -25.2% |
| Cash at bank and in hand | 54/58 | €15,373 | €14,305 | -€1,069 | -7.0% |
| Deferred charges and accrued income | 490/1 | €3,544 | €3,262 | -€281 | -7.9% |
| Total equity and liabilities | 10/49 | €226,755 | €178,077 | -€48,678 | -21.5% |
| Equity | 10/15 | €96,918 | €91,036 | -€5,882 | -6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,858 | €82,976 | -€5,882 | -6.6% |
| Amounts payable | 17/49 | €129,837 | €87,041 | -€42,796 | -33.0% |
| Amounts payable within one year | 42/48 | €129,837 | €87,041 | -€42,796 | -33.0% |
| Trade debts | 44 | €67,279 | €85,641 | +€18,362 | +27.3% |
| Suppliers | 440/4 | €67,279 | €85,641 | +€18,362 | +27.3% |
| Taxes, remuneration and social security | 45 | €12,558 | €1,400 | -€11,158 | -88.9% |
| Taxes | 450/3 | €12,558 | €1,400 | -€11,158 | -88.9% |
| Other amounts payable | 47/48 | €50,000 | - | -€50,000 | |
| Turnover | 70 | €440,784 | €364,619 | -€76,166 | -17.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €406,579 | €368,882 | -€37,697 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,749 | €1,425 | -€324 | -18.5% |
| Other operating charges | 640/8 | €975 | €1,657 | +€682 | +70.0% |
| Gross operating margin | 9900 | €34,205 | -€4,264 | -€38,469 | |
| Operating profit (loss) | 9901 | €31,481 | -€7,346 | -€38,826 | |
| Financial income | 75/76B | €3,009 | €3,305 | +€296 | +9.8% |
| Recurring financial income | 75 | €3,009 | €3,305 | +€296 | +9.8% |
| Financial charges | 65/66B | €1,257 | €1,839 | +€582 | +46.3% |
| Recurring financial charges | 65 | €1,257 | €1,839 | +€582 | +46.3% |
| Profit (loss) for the period before taxes | 9903 | €33,233 | -€5,880 | -€39,113 | |
| Income taxes | 67/77 | €7,306 | €2 | -€7,304 | -100.0% |
| Profit (loss) for the period | 9904 | €25,927 | -€5,882 | -€31,809 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,927 | -€5,882 | -€31,809 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.