DEMA & ARBER CONSTRUCT: what changed
Two fiscal 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.
DEMA & ARBER CONSTRUCT
Largest movements
- Tangible fixed assets +€211,521
new in 2025: €211,521
- Stocks and contracts +€118,668
up €118,668 (+35.4%), from €335,504 to €454,173
- Receivables within one year -€40,559
down €40,559 (-32.6%), from €124,436 to €83,878
of which Other amounts receivable: -€33,253
- Cash -€16,239
down €16,239 (-52.2%), from €31,089 to €14,849
mainly Investment in fixed assets (net) (-€223,338) and Trade debts (-€126,493)
- Debts after one year +€268,100
new in 2025: €268,100
- Trade debts -€126,493
down €126,493 (-100.0%), from €126,516 to €23
- Other debts +€115,946
up €115,946 (+88.3%), from €131,345 to €247,291
- Tax, wage and social debts -€32,934
down €32,934 (-89.7%), from €36,720 to €3,785
- Short-term financial debts +€17,618
new in 2025: €17,618
- Gross operating margin -€105,001
down €105,001 (-72.2%), from €145,457 to €40,456
- Taxes -€31,703
down €31,703 (-86.3%), from €36,715 to €5,012
- Depreciation +€13,017
new in 2025: €13,017
- Financial charges +€6,322
up €6,322 (+9160.2%), from €69 to €6,391
- Other operating charges -€6,193
down €6,193 (-86.1%), from €7,197 to €1,004
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.
Cash bridge derived
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 | €492,229 | €764,649 | +€272,420 | +55.3% |
| Fixed assets | 21/28 | €1,200 | €211,521 | +€210,321 | +17526.8% |
| Tangible fixed assets | 22/27 | - | €211,521 | +€211,521 | |
| Land and buildings | 22 | - | €211,521 | +€211,521 | |
| Financial fixed assets | 28 | €1,200 | €0 | -€1,200 | -100.0% |
| Current assets | 29/58 | €491,029 | €553,128 | +€62,098 | +12.6% |
| Stocks and contracts in progress | 3 | €335,504 | €454,173 | +€118,668 | +35.4% |
| Stocks | 30/36 | €335,504 | €454,173 | +€118,668 | +35.4% |
| Amounts receivable within one year | 40/41 | €124,436 | €83,878 | -€40,559 | -32.6% |
| Trade receivables | 40 | €59,000 | €51,694 | -€7,306 | -12.4% |
| Other amounts receivable | 41 | €65,436 | €32,183 | -€33,253 | -50.8% |
| Cash at bank and in hand | 54/58 | €31,089 | €14,849 | -€16,239 | -52.2% |
| Deferred charges and accrued income | 490/1 | - | €228 | +€228 | |
| Total equity and liabilities | 10/49 | €492,229 | €764,649 | +€272,420 | +55.3% |
| Equity | 10/15 | €197,648 | €212,680 | +€15,032 | +7.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €147,648 | €162,680 | +€15,032 | +10.2% |
| Distributable reserves | 133 | €147,648 | €162,680 | +€15,032 | +10.2% |
| Amounts payable | 17/49 | €294,581 | €551,969 | +€257,388 | +87.4% |
| Amounts payable after more than one year | 17 | - | €268,100 | +€268,100 | |
| Financial debts | 170/4 | - | €268,100 | +€268,100 | |
| Amounts payable within one year | 42/48 | €294,581 | €283,868 | -€10,713 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | - | €15,151 | +€15,151 | |
| Financial debts | 43 | - | €17,618 | +€17,618 | |
| Credit institutions | 430/8 | - | €17,618 | +€17,618 | |
| Trade debts | 44 | €126,516 | €23 | -€126,493 | -100.0% |
| Suppliers | 440/4 | €126,516 | €23 | -€126,493 | -100.0% |
| Taxes, remuneration and social security | 45 | €36,720 | €3,785 | -€32,934 | -89.7% |
| Taxes | 450/3 | €36,720 | €3,785 | -€32,934 | -89.7% |
| Other amounts payable | 47/48 | €131,345 | €247,291 | +€115,946 | +88.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €13,017 | +€13,017 | |
| Other operating charges | 640/8 | €7,197 | €1,004 | -€6,193 | -86.1% |
| Gross operating margin | 9900 | €145,457 | €40,456 | -€105,001 | -72.2% |
| Operating profit (loss) | 9901 | €138,260 | €26,435 | -€111,825 | -80.9% |
| Financial charges | 65/66B | €69 | €6,391 | +€6,322 | +9160.2% |
| Recurring financial charges | 65 | €69 | €6,391 | +€6,322 | +9160.2% |
| Profit (loss) for the period before taxes | 9903 | €138,191 | €20,044 | -€118,147 | -85.5% |
| Income taxes | 67/77 | €36,715 | €5,012 | -€31,703 | -86.3% |
| Profit (loss) for the period | 9904 | €101,476 | €15,032 | -€86,444 | -85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €101,476 | €15,032 | -€86,444 | -85.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.