DEEMCO: 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.
DEEMCO
Largest movements
- Current investments +€70,000
up €70,000 (+14.6%), from €480,000 to €550,000
- Cash -€15,552
down €15,552 (-27.4%), from €56,678 to €41,126
mainly Current investments (-€70,000) and Contributions, distributions and other (-€25,000)
- Tangible fixed assets -€12,205
down €12,205 (-23.2%), from €52,673 to €40,469
- Reserves +€59,775
up €59,775 (+9.3%), from €642,174 to €701,949
of which Distributable reserves: +€59,775
- Tax, wage and social debts -€17,309
down €17,309 (-36.9%), from €46,845 to €29,536
- Other debts +€15,000
up €15,000 (+150%), from €10,000 to €25,000
- Depreciation -€5,269
down €5,269 (-30.2%), from €17,474 to €12,205
- Gross operating margin +€5,181
up €5,181 (+4.6%), from €113,262 to €118,442
- Financial income -€3,324
down €3,324 (-28.2%), from €11,778 to €8,454
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 | €726,640 | €775,301 | +€48,662 | +6.7% |
| Fixed assets | 21/28 | €52,673 | €40,469 | -€12,205 | -23.2% |
| Tangible fixed assets | 22/27 | €52,673 | €40,469 | -€12,205 | -23.2% |
| Furniture and vehicles | 24 | €52,673 | €40,469 | -€12,205 | -23.2% |
| Current assets | 29/58 | €673,966 | €734,833 | +€60,866 | +9.0% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,650 | €42,338 | +€7,688 | +22.2% |
| Trade receivables | 40 | €34,650 | €42,338 | +€7,688 | +22.2% |
| Current investments | 50/53 | €480,000 | €550,000 | +€70,000 | +14.6% |
| Cash at bank and in hand | 54/58 | €56,678 | €41,126 | -€15,552 | -27.4% |
| Deferred charges and accrued income | 490/1 | €2,638 | €1,368 | -€1,270 | -48.1% |
| Total equity and liabilities | 10/49 | €726,640 | €775,301 | +€48,662 | +6.7% |
| Equity | 10/15 | €660,774 | €720,549 | +€59,775 | +9.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €642,174 | €701,949 | +€59,775 | +9.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €640,314 | €700,089 | +€59,775 | +9.3% |
| Amounts payable | 17/49 | €65,865 | €54,752 | -€11,113 | -16.9% |
| Amounts payable within one year | 42/48 | €65,865 | €54,752 | -€11,113 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €7,241 | - | -€7,241 | |
| Trade debts | 44 | €1,780 | €217 | -€1,563 | -87.8% |
| Suppliers | 440/4 | €1,780 | €217 | -€1,563 | -87.8% |
| Taxes, remuneration and social security | 45 | €46,845 | €29,536 | -€17,309 | -36.9% |
| Taxes | 450/3 | €46,845 | €29,536 | -€17,309 | -36.9% |
| Other amounts payable | 47/48 | €10,000 | €25,000 | +€15,000 | +150% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,474 | €12,205 | -€5,269 | -30.2% |
| Other operating charges | 640/8 | €222 | €53 | -€169 | -76.1% |
| Gross operating margin | 9900 | €113,262 | €118,442 | +€5,181 | +4.6% |
| Operating profit (loss) | 9901 | €95,566 | €106,185 | +€10,619 | +11.1% |
| Financial income | 75/76B | €11,778 | €8,454 | -€3,324 | -28.2% |
| Recurring financial income | 75 | €11,778 | €8,454 | -€3,324 | -28.2% |
| Financial charges | 65/66B | €1,039 | €303 | -€736 | -70.8% |
| Recurring financial charges | 65 | €1,039 | €303 | -€736 | -70.8% |
| Profit (loss) for the period before taxes | 9903 | €106,305 | €114,336 | +€8,031 | +7.6% |
| Income taxes | 67/77 | €28,833 | €29,561 | +€728 | +2.5% |
| Profit (loss) for the period | 9904 | €77,472 | €84,775 | +€7,303 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €77,472 | €84,775 | +€7,303 | +9.4% |
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 26 October 2026 via checked.be.