DE DEMOORS: 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.
DE DEMOORS
Largest movements
- Receivables within one year +€70,277
up €70,277 (+209%), from €33,585 to €103,862
of which Other amounts receivable: +€70,527
- Cash -€26,748
down €26,748 (-25.4%), from €105,394 to €78,646
mainly Receivables within one year (-€70,277) and Net result for the year (-€9,535)
- Receivables after one year -€26,000
down €26,000 (-100%), from €26,000 to €0
- Tangible fixed assets -€12,655
down €12,655 (-71.6%), from €17,678 to €5,023
of which Other tangible fixed assets: -€9,216
- Stocks and contracts -€11,405
down €11,405 (-100%), from €11,405 to €0
- Profit (loss) carried forward -€7,675
down €7,675, from €0 to -€7,675
- Tax, wage and social debts -€6,105
down €6,105 (-85.9%), from €7,107 to €1,002
of which Remuneration and social security: -€3,475
- Gross operating margin -€226,261
down €226,261 (-86.8%), from €260,681 to €34,420
- Taxes -€41,935
down €41,935 (-99.5%), from €42,155 to €221
- Financial charges -€21,995
down €21,995 (-94.1%), from €23,386 to €1,391
- Staff costs -€14,620
down €14,620 (-26.8%), from €54,610 to €39,990
- Depreciation -€9,962
down €9,962 (-88.2%), from €11,295 to €1,333
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €204,665 | €188,572 | -€16,093 | -7.9% |
| Fixed assets | 21/28 | €19,928 | €5,023 | -€14,905 | -74.8% |
| Intangible fixed assets | 21 | €2,250 | €0 | -€2,250 | -100% |
| Tangible fixed assets | 22/27 | €17,678 | €5,023 | -€12,655 | -71.6% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €3,634 | €896 | -€2,739 | -75.4% |
| Furniture and vehicles | 24 | €2,328 | €1,627 | -€701 | -30.1% |
| Other tangible fixed assets | 26 | €11,716 | €2,500 | -€9,216 | -78.7% |
| Current assets | 29/58 | €184,737 | €183,549 | -€1,188 | -0.6% |
| Amounts receivable after more than one year | 29 | €26,000 | €0 | -€26,000 | -100% |
| Other amounts receivable | 291 | €26,000 | €0 | -€26,000 | -100% |
| Stocks and contracts in progress | 3 | €11,405 | €0 | -€11,405 | -100% |
| Stocks | 30/36 | €11,405 | €0 | -€11,405 | -100% |
| Amounts receivable within one year | 40/41 | €33,585 | €103,862 | +€70,277 | +209% |
| Trade receivables | 40 | €250 | €0 | -€250 | -100% |
| Other amounts receivable | 41 | €33,335 | €103,862 | +€70,527 | +212% |
| Cash at bank and in hand | 54/58 | €105,394 | €78,646 | -€26,748 | -25.4% |
| Deferred charges and accrued income | 490/1 | €8,354 | €1,041 | -€7,313 | -87.5% |
| Total equity and liabilities | 10/49 | €204,665 | €188,572 | -€16,093 | -7.9% |
| Equity | 10/15 | €180,812 | €171,277 | -€9,535 | -5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €174,612 | €172,752 | -€1,860 | -1.1% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €172,752 | €172,752 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€7,675 | -€7,675 | |
| Provisions and deferred taxes | 16 | - | €1,253 | +€1,253 | |
| Provisions for liabilities and charges | 160/5 | - | €1,253 | +€1,253 | |
| Other liabilities and charges | 164/5 | - | €1,253 | +€1,253 | |
| Amounts payable | 17/49 | €23,853 | €16,042 | -€7,811 | -32.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €23,853 | €16,042 | -€7,811 | -32.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €16,269 | €15,040 | -€1,229 | -7.6% |
| Suppliers | 440/4 | €16,269 | €15,040 | -€1,229 | -7.6% |
| Advances received on contracts in progress | 46 | €476 | €0 | -€476 | -100% |
| Taxes, remuneration and social security | 45 | €7,107 | €1,002 | -€6,105 | -85.9% |
| Taxes | 450/3 | €3,632 | €1,002 | -€2,630 | -72.4% |
| Remuneration and social security | 454/9 | €3,475 | €0 | -€3,475 | -100% |
| Non-recurring operating income | 76A | €227,322 | €35,777 | -€191,545 | -84.3% |
| Remuneration, social security and pensions | 62 | €54,610 | €39,990 | -€14,620 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,295 | €1,333 | -€9,962 | -88.2% |
| Other operating charges | 640/8 | €6,959 | €2,937 | -€4,022 | -57.8% |
| Non-recurring operating charges | 66A | - | €610 | +€610 | |
| Gross operating margin | 9900 | €260,681 | €34,420 | -€226,261 | -86.8% |
| Operating profit (loss) | 9901 | €187,816 | -€10,451 | -€198,267 | |
| Financial income | 75/76B | €25 | €2,528 | +€2,502 | +9,847% |
| Recurring financial income | 75 | €25 | €2,528 | +€2,502 | +9,847% |
| Financial charges | 65/66B | €23,386 | €1,391 | -€21,995 | -94.1% |
| Recurring financial charges | 65 | €23,386 | €1,391 | -€21,995 | -94.1% |
| Profit (loss) for the period before taxes | 9903 | €164,456 | -€9,314 | -€173,770 | |
| Income taxes | 67/77 | €42,155 | €221 | -€41,935 | -99.5% |
| Profit (loss) for the period | 9904 | €122,300 | -€9,535 | -€131,835 | |
| Profit (loss) for the period to be appropriated | 9905 | €122,300 | -€9,535 | -€131,835 |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.