DEMAGY: 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.
DEMAGY
Largest movements
- Tangible fixed assets -€9,844
down €9,844 (-8.3%), from €119,151 to €109,307
- Cash +€6,048
up €6,048 (+10.3%), from €58,874 to €64,922
mainly Other debts (+€20,400) and Depreciation (+€9,844)
- Other debts +€20,400
up €20,400 (+7.7%), from €264,726 to €285,126
- Profit (loss) carried forward -€13,531
down €13,531 (-5.3%), from -€257,602 to -€271,133
- Debts after one year -€12,250
down €12,250 (-8.0%), from €153,292 to €141,042
- Financial charges -€2,618
down €2,618 (-45.7%), from €5,723 to €3,105
- Financial income -€173
down €173 (-36.1%), from €478 to €305
- Gross operating margin +€89
up €89 (+44.0%), from €201 to €290
- Other operating charges +€27
up €27 (+2.3%), from €1,150 to €1,177
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 | €179,774 | €174,464 | -€5,310 | -3.0% |
| Fixed assets | 21/28 | €119,151 | €109,307 | -€9,844 | -8.3% |
| Tangible fixed assets | 22/27 | €119,151 | €109,307 | -€9,844 | -8.3% |
| Land and buildings | 22 | €119,151 | €109,307 | -€9,844 | -8.3% |
| Current assets | 29/58 | €60,623 | €65,157 | +€4,534 | +7.5% |
| Amounts receivable within one year | 40/41 | €143 | €235 | +€92 | +63.9% |
| Other amounts receivable | 41 | €143 | €235 | +€92 | +63.9% |
| Cash at bank and in hand | 54/58 | €58,874 | €64,922 | +€6,048 | +10.3% |
| Deferred charges and accrued income | 490/1 | €1,606 | - | -€1,606 | |
| Total equity and liabilities | 10/49 | €179,774 | €174,464 | -€5,310 | -3.0% |
| Equity | 10/15 | -€251,402 | -€264,933 | -€13,531 | -5.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€257,602 | -€271,133 | -€13,531 | -5.3% |
| Amounts payable | 17/49 | €431,176 | €439,397 | +€8,222 | +1.9% |
| Amounts payable after more than one year | 17 | €153,292 | €141,042 | -€12,250 | -8.0% |
| Financial debts | 170/4 | €153,292 | €141,042 | -€12,250 | -8.0% |
| Amounts payable within one year | 42/48 | €277,883 | €297,375 | +€19,492 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €12,250 | €12,250 | = | 0.0% |
| Trade debts | 44 | €908 | - | -€908 | |
| Suppliers | 440/4 | €908 | - | -€908 | |
| Other amounts payable | 47/48 | €264,726 | €285,126 | +€20,400 | +7.7% |
| Accrued charges and deferred income | 492/3 | - | €979 | +€979 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,844 | €9,844 | = | 0.0% |
| Other operating charges | 640/8 | €1,150 | €1,177 | +€27 | +2.3% |
| Gross operating margin | 9900 | €201 | €290 | +€89 | +44.0% |
| Operating profit (loss) | 9901 | -€10,793 | -€10,731 | +€62 | +0.6% |
| Financial income | 75/76B | €478 | €305 | -€173 | -36.1% |
| Recurring financial income | 75 | €478 | €305 | -€173 | -36.1% |
| Financial charges | 65/66B | €5,723 | €3,105 | -€2,618 | -45.7% |
| Recurring financial charges | 65 | €5,723 | €3,105 | -€2,618 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | -€16,038 | -€13,531 | +€2,507 | +15.6% |
| Profit (loss) for the period | 9904 | -€16,038 | -€13,531 | +€2,507 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,038 | -€13,531 | +€2,507 | +15.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.