DEMA-CONCEPT: 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.
DEMA-CONCEPT
Largest movements
- Cash +€98,870
up €98,870 (+491.9%), from €20,099 to €118,968
mainly Net result for the year (+€101,747) and Other debts (+€38,584)
- Tangible fixed assets -€19,133
down €19,133 (-2.6%), from €722,434 to €703,301
of which Other tangible fixed assets: -€136,325
- Financial fixed assets +€18,110
up €18,110 (+3695.9%), from €490 to €18,600
- Receivables within one year -€13,375
down €13,375 (-54.7%), from €24,445 to €11,070
of which Trade receivables: -€8,220
- Reserves +€72,547
up €72,547 (+52.6%), from €138,000 to €210,547
- Debts after one year -€39,045
down €39,045 (-12.4%), from €313,640 to €274,595
- Other debts +€38,584
up €38,584 (+16.5%), from €233,254 to €271,839
- Tax, wage and social debts +€12,498
up €12,498 (+212.2%), from €5,890 to €18,388
of which Taxes: +€12,498
- Other operating charges -€115,480
down €115,480 (-97.0%), from €119,094 to €3,614
- Taxes +€49,104
up €49,104 (+154173.7%), from €32 to €49,136
- Gross operating margin +€45,588
up €45,588 (+31.0%), from €147,078 to €192,666
- Financial charges +€7,374
up €7,374 (+63.2%), from €11,663 to €19,037
- Depreciation +€2,821
up €2,821 (+17.3%), from €16,312 to €19,133
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 | €767,467 | €853,463 | +€85,996 | +11.2% |
| Fixed assets | 21/28 | €722,924 | €721,901 | -€1,023 | -0.1% |
| Tangible fixed assets | 22/27 | €722,434 | €703,301 | -€19,133 | -2.6% |
| Land and buildings | 22 | €586,109 | €703,301 | +€117,192 | +20.0% |
| Other tangible fixed assets | 26 | €136,325 | - | -€136,325 | |
| Financial fixed assets | 28 | €490 | €18,600 | +€18,110 | +3695.9% |
| Current assets | 29/58 | €44,544 | €131,562 | +€87,018 | +195.4% |
| Amounts receivable within one year | 40/41 | €24,445 | €11,070 | -€13,375 | -54.7% |
| Trade receivables | 40 | €19,290 | €11,070 | -€8,220 | -42.6% |
| Other amounts receivable | 41 | €5,155 | - | -€5,155 | |
| Cash at bank and in hand | 54/58 | €20,099 | €118,968 | +€98,870 | +491.9% |
| Deferred charges and accrued income | 490/1 | - | €1,524 | +€1,524 | |
| Total equity and liabilities | 10/49 | €767,467 | €853,463 | +€85,996 | +11.2% |
| Equity | 10/15 | €175,860 | €248,407 | +€72,547 | +41.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €19,138 | €19,138 | = | 0.0% |
| Reserves | 13 | €138,000 | €210,547 | +€72,547 | +52.6% |
| Distributable reserves | 133 | €138,000 | €210,547 | +€72,547 | +52.6% |
| Profit (loss) carried forward | 14 | €123 | €123 | = | 0.0% |
| Amounts payable | 17/49 | €591,607 | €605,056 | +€13,449 | +2.3% |
| Amounts payable after more than one year | 17 | €313,640 | €274,595 | -€39,045 | -12.4% |
| Financial debts | 170/4 | €313,640 | €274,595 | -€39,045 | -12.4% |
| Amounts payable within one year | 42/48 | €277,967 | €330,461 | +€52,493 | +18.9% |
| Current portion of amounts payable after more than one year | 42 | €38,635 | €39,045 | +€409 | +1.1% |
| Trade debts | 44 | €187 | €1,189 | +€1,001 | +534.9% |
| Suppliers | 440/4 | €187 | €1,189 | +€1,001 | +534.9% |
| Taxes, remuneration and social security | 45 | €5,890 | €18,388 | +€12,498 | +212.2% |
| Taxes | 450/3 | €4,290 | €16,788 | +€12,498 | +291.3% |
| Remuneration and social security | 454/9 | €1,600 | €1,600 | = | 0.0% |
| Other amounts payable | 47/48 | €233,254 | €271,839 | +€38,584 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,312 | €19,133 | +€2,821 | +17.3% |
| Other operating charges | 640/8 | €119,094 | €3,614 | -€115,480 | -97.0% |
| Gross operating margin | 9900 | €147,078 | €192,666 | +€45,588 | +31.0% |
| Operating profit (loss) | 9901 | €11,673 | €169,920 | +€158,247 | +1355.7% |
| Financial charges | 65/66B | €11,663 | €19,037 | +€7,374 | +63.2% |
| Recurring financial charges | 65 | €11,663 | €19,037 | +€7,374 | +63.2% |
| Profit (loss) for the period before taxes | 9903 | €10 | €150,883 | +€150,873 | +1446526.0% |
| Income taxes | 67/77 | €32 | €49,136 | +€49,104 | +154173.7% |
| Profit (loss) for the period | 9904 | -€21 | €101,747 | +€101,768 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21 | €101,747 | +€101,768 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.