DEMA BUILD: 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 BUILD
Largest movements
- Tangible fixed assets -€58,147
down €58,147 (-9.0%), from €643,046 to €584,898
of which Land and buildings: -€56,225
- Cash -€21,754
down €21,754 (-50.2%), from €43,308 to €21,554
mainly Net result for the year (-€72,802) and Debts after one year (-€9,206)
- Profit (loss) carried forward -€72,802
down €72,802 (-8.3%), from -€882,276 to -€955,078
- Debts after one year -€9,206
down €9,206 (-0.6%), from €1.5m to €1.5m
- Gross operating margin -€22,669
down €22,669 (-110.7%), from -€20,479 to -€43,148
- Depreciation -€9,553
down €9,553 (-43.0%), from €22,218 to €12,665
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 | €697,623 | €616,073 | -€81,550 | -11.7% |
| Fixed assets | 21/28 | €643,046 | €584,898 | -€58,147 | -9.0% |
| Tangible fixed assets | 22/27 | €643,046 | €584,898 | -€58,147 | -9.0% |
| Land and buildings | 22 | €638,002 | €581,777 | -€56,225 | -8.8% |
| Furniture and vehicles | 24 | €5,044 | €3,121 | -€1,923 | -38.1% |
| Current assets | 29/58 | €54,577 | €31,174 | -€23,403 | -42.9% |
| Amounts receivable within one year | 40/41 | €9,828 | €8,725 | -€1,103 | -11.2% |
| Trade receivables | 40 | €1,774 | €1,553 | -€221 | -12.4% |
| Other amounts receivable | 41 | €8,054 | €7,172 | -€883 | -11.0% |
| Cash at bank and in hand | 54/58 | €43,308 | €21,554 | -€21,754 | -50.2% |
| Deferred charges and accrued income | 490/1 | €1,441 | €895 | -€546 | -37.9% |
| Total equity and liabilities | 10/49 | €697,623 | €616,073 | -€81,550 | -11.7% |
| Equity | 10/15 | -€822,276 | -€895,078 | -€72,802 | -8.9% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€882,276 | -€955,078 | -€72,802 | -8.3% |
| Amounts payable | 17/49 | €1,519,899 | €1,511,151 | -€8,748 | -0.6% |
| Amounts payable after more than one year | 17 | €1,518,405 | €1,509,199 | -€9,206 | -0.6% |
| Other amounts payable | 178/9 | €1,518,405 | €1,509,199 | -€9,206 | -0.6% |
| Amounts payable within one year | 42/48 | €1,494 | €898 | -€596 | -39.9% |
| Trade debts | 44 | €1,492 | €898 | -€594 | -39.8% |
| Suppliers | 440/4 | €1,492 | €898 | -€594 | -39.8% |
| Taxes, remuneration and social security | 45 | €2 | - | -€2 | |
| Taxes | 450/3 | €2 | - | -€2 | |
| Accrued charges and deferred income | 492/3 | - | €1,054 | +€1,054 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,218 | €12,665 | -€9,553 | -43.0% |
| Other operating charges | 640/8 | €2,435 | €2,461 | +€26 | +1.1% |
| Non-recurring operating charges | 66A | - | €14,439 | +€14,439 | |
| Gross operating margin | 9900 | -€20,479 | -€43,148 | -€22,669 | -110.7% |
| Operating profit (loss) | 9901 | -€45,132 | -€72,713 | -€27,581 | -61.1% |
| Financial income | 75/76B | - | €16 | +€16 | |
| Recurring financial income | 75 | - | €16 | +€16 | |
| Financial charges | 65/66B | €52 | €105 | +€53 | +102.0% |
| Recurring financial charges | 65 | €52 | €105 | +€53 | +102.0% |
| Profit (loss) for the period before taxes | 9903 | -€45,184 | -€72,802 | -€27,619 | -61.1% |
| Profit (loss) for the period | 9904 | -€45,184 | -€72,802 | -€27,619 | -61.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,184 | -€72,802 | -€27,619 | -61.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.