DEM.GI.BAT: 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.
DEM.GI.BAT
Largest movements
- Tangible fixed assets -€94,097
down €94,097 (-42.8%), from €219,962 to €125,865
of which Furniture and vehicles: -€87,462
- Receivables within one year +€24,184
up €24,184 (+30.8%), from €78,434 to €102,618
of which Trade receivables: +€22,736
- Cash +€13,466
up €13,466 (+6.6%), from €205,105 to €218,571
mainly Depreciation (+€98,201) and Trade debts (+€12,370)
- Deferred charges and accrued income +€12,320
up €12,320 (+352%), from €3,496 to €15,815
- Debts after one year -€20,341
down €20,341 (-43.8%), from €46,464 to €26,123
- Current portion of long-term debt -€17,870
down €17,870 (-46.8%), from €38,211 to €20,341
- Tax, wage and social debts -€15,341
down €15,341 (-40.7%), from €37,737 to €22,396
of which Taxes: -€16,191
- Trade debts +€12,370
up €12,370 (+232%), from €5,341 to €17,711
- Gross operating margin -€45,236
down €45,236 (-15.7%), from €288,497 to €243,261
- Staff costs -€15,599
down €15,599 (-9.4%), from €165,484 to €149,884
- Taxes -€7,372
down €7,372 (-95.5%), from €7,716 to €344
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 | €552,145 | €507,480 | -€44,665 | -8.1% |
| Fixed assets | 21/28 | €220,112 | €126,015 | -€94,097 | -42.7% |
| Tangible fixed assets | 22/27 | €219,962 | €125,865 | -€94,097 | -42.8% |
| Plant, machinery and equipment | 23 | €28,264 | €21,629 | -€6,635 | -23.5% |
| Furniture and vehicles | 24 | €191,699 | €104,236 | -€87,462 | -45.6% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €332,033 | €381,465 | +€49,432 | +14.9% |
| Stocks and contracts in progress | 3 | €44,999 | €44,461 | -€538 | -1.2% |
| Stocks | 30/36 | €44,999 | €44,461 | -€538 | -1.2% |
| Amounts receivable within one year | 40/41 | €78,434 | €102,618 | +€24,184 | +30.8% |
| Trade receivables | 40 | €68,218 | €90,953 | +€22,736 | +33.3% |
| Other amounts receivable | 41 | €10,216 | €11,664 | +€1,448 | +14.2% |
| Cash at bank and in hand | 54/58 | €205,105 | €218,571 | +€13,466 | +6.6% |
| Deferred charges and accrued income | 490/1 | €3,496 | €15,815 | +€12,320 | +352% |
| Total equity and liabilities | 10/49 | €552,145 | €507,480 | -€44,665 | -8.1% |
| Equity | 10/15 | €423,140 | €419,204 | -€3,936 | -0.9% |
| Contributions | 10/11 | €164,010 | €164,010 | = | 0.0% |
| Contributions outside capital | 11 | - | €164,010 | +€164,010 | |
| Other | 1109/19 | - | €164,010 | +€164,010 | |
| Reserves | 13 | €234,810 | €234,810 | = | 0.0% |
| Tax-exempt reserves | 132 | €33,382 | €33,382 | = | 0.0% |
| Distributable reserves | 133 | €201,429 | €201,429 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,533 | €18,898 | -€1,634 | -8.0% |
| Investment grants | 15 | €3,787 | €1,486 | -€2,301 | -60.8% |
| Amounts payable | 17/49 | €129,005 | €88,276 | -€40,729 | -31.6% |
| Amounts payable after more than one year | 17 | €46,464 | €26,123 | -€20,341 | -43.8% |
| Financial debts | 170/4 | €46,464 | €26,123 | -€20,341 | -43.8% |
| Amounts payable within one year | 42/48 | €82,541 | €62,153 | -€20,388 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | €38,211 | €20,341 | -€17,870 | -46.8% |
| Trade debts | 44 | €5,341 | €17,711 | +€12,370 | +232% |
| Suppliers | 440/4 | €5,341 | €17,711 | +€12,370 | +232% |
| Taxes, remuneration and social security | 45 | €37,737 | €22,396 | -€15,341 | -40.7% |
| Taxes | 450/3 | €37,638 | €21,447 | -€16,191 | -43.0% |
| Remuneration and social security | 454/9 | €99 | €948 | +€850 | +860% |
| Other amounts payable | 47/48 | €1,253 | €1,706 | +€453 | +36.2% |
| Remuneration, social security and pensions | 62 | €165,484 | €149,884 | -€15,599 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,525 | €98,201 | +€676 | +0.7% |
| Other operating charges | 640/8 | €3,217 | €2,867 | -€351 | -10.9% |
| Gross operating margin | 9900 | €288,497 | €243,261 | -€45,236 | -15.7% |
| Operating profit (loss) | 9901 | €22,271 | -€7,692 | -€29,963 | |
| Financial income | 75/76B | €10,798 | €9,551 | -€1,247 | -11.5% |
| Recurring financial income | 75 | €10,798 | €9,551 | -€1,247 | -11.5% |
| Financial charges | 65/66B | €4,077 | €3,150 | -€927 | -22.7% |
| Recurring financial charges | 65 | €4,077 | €3,150 | -€927 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €28,992 | -€1,290 | -€30,282 | |
| Income taxes | 67/77 | €7,716 | €344 | -€7,372 | -95.5% |
| Profit (loss) for the period | 9904 | €21,276 | -€1,634 | -€22,910 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,276 | -€1,634 | -€22,910 |
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 13 October 2026 via checked.be.