Daemers Consult: 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.
Daemers Consult
Largest movements
- Tangible fixed assets +€1.1m
up €1.1m (+161%), from €670,867 to €1.7m
of which Land and buildings: +€1.1m
- Financial fixed assets +€328,723
up €328,723 (+168%), from €195,734 to €524,457
- Cash +€93,743
up €93,743 (+246,628%), from €38 to €93,781
mainly Debts after one year (+€915,770) and Other debts (+€276,519)
- Current investments -€40,000
down €40,000 (-100%), from €40,000 to €0
- Debts after one year +€915,770
up €915,770 (+164%), from €556,805 to €1.5m
- Other debts +€276,519
up €276,519 (+130%), from €212,983 to €489,502
- Reserves +€155,635
up €155,635 (+124%), from €125,668 to €281,303
- Current portion of long-term debt +€98,588
up €98,588 (+358%), from €27,507 to €126,095
- Gross operating margin +€197,407
up €197,407 (+99.4%), from €198,633 to €396,040
- Depreciation +€63,964
up €63,964 (+65.9%), from €97,123 to €161,087
- Taxes +€32,108
up €32,108 (+146%), from €22,017 to €54,125
- Financial charges +€7,370
up €7,370 (+38.4%), from €19,205 to €26,575
- Financial income +€6,101
up €6,101 (+9,150%), from €67 to €6,168
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 | €958,687 | €2,418,992 | +€1.5m | +152% |
| Fixed assets | 21/28 | €866,601 | €2,274,161 | +€1.4m | +162% |
| Tangible fixed assets | 22/27 | €670,867 | €1,749,704 | +€1.1m | +161% |
| Land and buildings | 22 | €639,932 | €1,714,528 | +€1.1m | +168% |
| Plant, machinery and equipment | 23 | €541 | €144 | -€397 | -73.4% |
| Furniture and vehicles | 24 | €30,393 | €21,369 | -€9,025 | -29.7% |
| Other tangible fixed assets | 26 | - | €13,664 | +€13,664 | |
| Financial fixed assets | 28 | €195,734 | €524,457 | +€328,723 | +168% |
| Current assets | 29/58 | €92,087 | €144,831 | +€52,744 | +57.3% |
| Amounts receivable within one year | 40/41 | €51,314 | €50,132 | -€1,182 | -2.3% |
| Trade receivables | 40 | €50,000 | €103 | -€49,897 | -99.8% |
| Other amounts receivable | 41 | €1,314 | €50,029 | +€48,715 | +3,708% |
| Current investments | 50/53 | €40,000 | €0 | -€40,000 | -100% |
| Cash at bank and in hand | 54/58 | €38 | €93,781 | +€93,743 | +246,628% |
| Deferred charges and accrued income | 490/1 | €735 | €918 | +€183 | +24.9% |
| Total equity and liabilities | 10/49 | €958,687 | €2,418,992 | +€1.5m | +152% |
| Equity | 10/15 | €126,668 | €282,303 | +€155,635 | +123% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €125,668 | €281,303 | +€155,635 | +124% |
| Distributable reserves | 133 | €125,668 | €281,303 | +€155,635 | +124% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €832,019 | €2,136,689 | +€1.3m | +157% |
| Amounts payable after more than one year | 17 | €556,805 | €1,472,575 | +€915,770 | +164% |
| Financial debts | 170/4 | €556,805 | €1,472,575 | +€915,770 | +164% |
| Amounts payable within one year | 42/48 | €274,002 | €664,114 | +€390,112 | +142% |
| Current portion of amounts payable after more than one year | 42 | €27,507 | €126,095 | +€98,588 | +358% |
| Financial debts | 43 | €7,770 | €0 | -€7,770 | -100% |
| Credit institutions | 430/8 | €7,770 | €0 | -€7,770 | -100% |
| Trade debts | 44 | €896 | €1,147 | +€252 | +28.1% |
| Suppliers | 440/4 | €896 | €1,147 | +€252 | +28.1% |
| Taxes, remuneration and social security | 45 | €24,847 | €47,369 | +€22,523 | +90.6% |
| Taxes | 450/3 | €24,847 | €45,764 | +€20,918 | +84.2% |
| Remuneration and social security | 454/9 | - | €1,605 | +€1,605 | |
| Other amounts payable | 47/48 | €212,983 | €489,502 | +€276,519 | +130% |
| Accrued charges and deferred income | 492/3 | €1,212 | €0 | -€1,212 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,123 | €161,087 | +€63,964 | +65.9% |
| Other operating charges | 640/8 | €986 | €4,786 | +€3,801 | +386% |
| Gross operating margin | 9900 | €198,633 | €396,040 | +€197,407 | +99.4% |
| Operating profit (loss) | 9901 | €100,524 | €230,167 | +€129,643 | +129% |
| Financial income | 75/76B | €67 | €6,168 | +€6,101 | +9,150% |
| Recurring financial income | 75 | €67 | €6,168 | +€6,101 | +9,150% |
| Financial charges | 65/66B | €19,205 | €26,575 | +€7,370 | +38.4% |
| Recurring financial charges | 65 | €19,205 | €26,575 | +€7,370 | +38.4% |
| Profit (loss) for the period before taxes | 9903 | €81,386 | €209,759 | +€128,373 | +158% |
| Income taxes | 67/77 | €22,017 | €54,125 | +€32,108 | +146% |
| Profit (loss) for the period | 9904 | €59,369 | €155,635 | +€96,265 | +162% |
| Profit (loss) for the period to be appropriated | 9905 | €59,369 | €155,635 | +€96,265 | +162% |
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 23 October 2026 via checked.be.