DEMACOR: what changed
DEMACOR
Largest movements
- Receivables within one year -€15,884
down €15,884 (-10.7%), from €148,898 to €133,015
of which Other amounts receivable: -€43,333
- Tangible fixed assets -€15,734
down €15,734 (-24.1%), from €65,267 to €49,532
of which Leasing and similar rights: -€16,320
- Deferred charges and accrued income +€9,910
up €9,910 (+119%), from €8,316 to €18,226
- Reserves +€100,000
up €100,000 (+236%), from €42,439 to €142,439
of which Distributable reserves: +€100,000
- Profit (loss) carried forward -€86,493
down €86,493 (-96.8%), from €89,316 to €2,823
- Debts after one year -€30,743
no longer reported in 2024 (was €30,743)
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Trade debts -€5,641
down €5,641 (-23.1%), from €24,455 to €18,815
- Gross operating margin +€22,568
up €22,568 (+142%), from €15,893 to €38,460
- Financial charges +€11,862
up €11,862 (+559%), from €2,122 to €13,984
- Financial income +€2,033
up €2,033 (+24.7%), from €8,218 to €10,251
- Other operating charges +€707
up €707 (+22.9%), from €3,089 to €3,796
- Taxes -€494
down €494 (-45.6%), from €1,083 to €589
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €222,625 | €200,773 | -€21,853 | -9.8% |
| Fixed assets | 21/28 | €65,267 | €49,532 | -€15,734 | -24.1% |
| Tangible fixed assets | 22/27 | €65,267 | €49,532 | -€15,734 | -24.1% |
| Plant, machinery and equipment | 23 | - | €487 | +€487 | |
| Furniture and vehicles | 24 | €740 | €992 | +€253 | +34.1% |
| Leasing and similar rights | 25 | €63,267 | €46,947 | -€16,320 | -25.8% |
| Other tangible fixed assets | 26 | €1,260 | €1,106 | -€154 | -12.2% |
| Current assets | 29/58 | €157,359 | €151,240 | -€6,118 | -3.9% |
| Amounts receivable within one year | 40/41 | €148,898 | €133,015 | -€15,884 | -10.7% |
| Trade receivables | 40 | €13,082 | €40,531 | +€27,449 | +210% |
| Other amounts receivable | 41 | €135,817 | €92,484 | -€43,333 | -31.9% |
| Cash at bank and in hand | 54/58 | €144 | - | -€144 | |
| Deferred charges and accrued income | 490/1 | €8,316 | €18,226 | +€9,910 | +119% |
| Total equity and liabilities | 10/49 | €222,625 | €200,773 | -€21,853 | -9.8% |
| Equity | 10/15 | €144,156 | €163,863 | +€19,707 | +13.7% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €42,439 | €142,439 | +€100,000 | +236% |
| Non-distributable reserves | 130/1 | €1,256 | €1,256 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,256 | €1,256 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,049 | €10,049 | = | 0.0% |
| Distributable reserves | 133 | €31,134 | €131,134 | +€100,000 | +321% |
| Profit (loss) carried forward | 14 | €89,316 | €2,823 | -€86,493 | -96.8% |
| Amounts payable | 17/49 | €78,470 | €36,910 | -€41,559 | -53.0% |
| Amounts payable after more than one year | 17 | €30,743 | - | -€30,743 | |
| Financial debts | 170/4 | €30,743 | - | -€30,743 | |
| Amounts payable within one year | 42/48 | €47,670 | €36,910 | -€10,760 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €17,621 | €17,621 | = | 0.0% |
| Financial debts | 43 | - | €36 | +€36 | |
| Credit institutions | 430/8 | - | €36 | +€36 | |
| Trade debts | 44 | €24,455 | €18,815 | -€5,641 | -23.1% |
| Suppliers | 440/4 | €24,455 | €18,815 | -€5,641 | -23.1% |
| Taxes, remuneration and social security | 45 | €5,594 | €438 | -€5,155 | -92.2% |
| Taxes | 450/3 | €5,594 | €438 | -€5,155 | -92.2% |
| Accrued charges and deferred income | 492/3 | €57 | - | -€57 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,723 | €16,837 | +€113 | +0.7% |
| Other operating charges | 640/8 | €3,089 | €3,796 | +€707 | +22.9% |
| Gross operating margin | 9900 | €15,893 | €38,460 | +€22,568 | +142% |
| Operating profit (loss) | 9901 | -€3,919 | €17,828 | +€21,747 | |
| Financial income | 75/76B | €8,218 | €10,251 | +€2,033 | +24.7% |
| Recurring financial income | 75 | €8,218 | €10,251 | +€2,033 | +24.7% |
| Financial charges | 65/66B | €2,122 | €13,984 | +€11,862 | +559% |
| Recurring financial charges | 65 | €2,122 | €13,984 | +€11,862 | +559% |
| Profit (loss) for the period before taxes | 9903 | €2,177 | €14,096 | +€11,919 | +547% |
| Income taxes | 67/77 | €1,083 | €589 | -€494 | -45.6% |
| Profit (loss) for the period | 9904 | €1,094 | €13,507 | +€12,413 | +1,135% |
| Profit (loss) for the period to be appropriated | 9905 | €1,094 | €13,507 | +€12,413 | +1,135% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 April 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.