DE MEY: 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 MEY
Largest movements
- Receivables within one year -€35,473
down €35,473 (-57.5%), from €61,709 to €26,235
of which Trade receivables: -€44,506
- Stocks and contracts -€29,000
down €29,000 (-50.0%), from €58,000 to €29,000
- Cash -€18,427
no longer reported in 2025 (was €18,427)
mainly Other debts (-€41,052) and Net result for the year (-€36,653)
- Tangible fixed assets -€8,013
down €8,013 (-25.7%), from €31,230 to €23,217
of which Furniture and vehicles: -€7,854
- Other debts -€41,052
down €41,052 (-46.4%), from €88,494 to €47,442
- Profit (loss) carried forward -€36,653
new in 2025: -€36,653
- Trade debts -€13,753
no longer reported in 2025 (was €13,753)
- Tax, wage and social debts +€6,424
up €6,424 (+60.8%), from €10,568 to €16,992
of which Remuneration and social security: +€4,255
- Debts after one year -€5,958
no longer reported in 2025 (was €5,958)
- Gross operating margin -€42,981
down €42,981 (-75.3%), from €57,047 to €14,066
- Financial charges +€26,516
up €26,516 (+615%), from €4,313 to €30,829
- Taxes -€12,563
down €12,563, from €9,319 to -€3,244
- Financial income -€3,545
down €3,545 (-33.6%), from €10,555 to €7,010
- Staff costs -€1,951
down €1,951 (-8.2%), from €23,690 to €21,740
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 | €169,365 | €78,453 | -€90,912 | -53.7% |
| Fixed assets | 21/28 | €31,230 | €23,217 | -€8,013 | -25.7% |
| Tangible fixed assets | 22/27 | €31,230 | €23,217 | -€8,013 | -25.7% |
| Plant, machinery and equipment | 23 | €275 | €117 | -€158 | -57.4% |
| Furniture and vehicles | 24 | €30,954 | €23,100 | -€7,854 | -25.4% |
| Current assets | 29/58 | €138,135 | €55,235 | -€82,900 | -60.0% |
| Stocks and contracts in progress | 3 | €58,000 | €29,000 | -€29,000 | -50.0% |
| Stocks | 30/36 | €58,000 | €29,000 | -€29,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €61,709 | €26,235 | -€35,473 | -57.5% |
| Trade receivables | 40 | €61,709 | €17,203 | -€44,506 | -72.1% |
| Other amounts receivable | 41 | - | €9,033 | +€9,033 | |
| Cash at bank and in hand | 54/58 | €18,427 | - | -€18,427 | |
| Total equity and liabilities | 10/49 | €169,365 | €78,453 | -€90,912 | -53.7% |
| Equity | 10/15 | €44,714 | €8,060 | -€36,653 | -82.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €26,122 | €26,122 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €24,263 | €24,263 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€36,653 | -€36,653 | |
| Amounts payable | 17/49 | €124,651 | €70,392 | -€54,259 | -43.5% |
| Amounts payable after more than one year | 17 | €5,958 | - | -€5,958 | |
| Financial debts | 170/4 | €5,958 | - | -€5,958 | |
| Amounts payable within one year | 42/48 | €118,693 | €70,392 | -€48,301 | -40.7% |
| Current portion of amounts payable after more than one year | 42 | €5,878 | €5,958 | +€79 | +1.4% |
| Trade debts | 44 | €13,753 | - | -€13,753 | |
| Suppliers | 440/4 | €13,753 | - | -€13,753 | |
| Taxes, remuneration and social security | 45 | €10,568 | €16,992 | +€6,424 | +60.8% |
| Taxes | 450/3 | €8,327 | €10,496 | +€2,169 | +26.0% |
| Remuneration and social security | 454/9 | €2,241 | €6,496 | +€4,255 | +190% |
| Other amounts payable | 47/48 | €88,494 | €47,442 | -€41,052 | -46.4% |
| Remuneration, social security and pensions | 62 | €23,690 | €21,740 | -€1,951 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,108 | €8,013 | -€95 | -1.2% |
| Other operating charges | 640/8 | €1,668 | €392 | -€1,276 | -76.5% |
| Gross operating margin | 9900 | €57,047 | €14,066 | -€42,981 | -75.3% |
| Operating profit (loss) | 9901 | €23,580 | -€16,078 | -€39,659 | |
| Financial income | 75/76B | €10,555 | €7,010 | -€3,545 | -33.6% |
| Recurring financial income | 75 | €10,555 | €7,010 | -€3,545 | -33.6% |
| Financial charges | 65/66B | €4,313 | €30,829 | +€26,516 | +615% |
| Recurring financial charges | 65 | €4,313 | €30,829 | +€26,516 | +615% |
| Profit (loss) for the period before taxes | 9903 | €29,822 | -€39,898 | -€69,720 | |
| Income taxes | 67/77 | €9,319 | -€3,244 | -€12,563 | |
| Profit (loss) for the period | 9904 | €20,503 | -€36,653 | -€57,156 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,503 | -€36,653 | -€57,156 |
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 22 October 2026 via checked.be.