demalena: 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.
demalena
Largest movements
- Cash -€26,172
down €26,172 (-67.4%), from €38,832 to €12,660
mainly Net result for the year (-€16,920) and Receivables within one year (-€6,064)
- Receivables within one year +€6,064
up €6,064 (+4,260%), from €142 to €6,207
of which Other amounts receivable: +€6,036
- Tangible fixed assets -€1,713
down €1,713 (-62.9%), from €2,723 to €1,010
- Profit (loss) carried forward -€16,920
down €16,920, from €12,601 to -€4,319
- Tax, wage and social debts -€3,738
down €3,738 (-100%), from €3,738 to €0
- Other debts -€1,334
down €1,334 (-100%), from €1,334 to €0
- Gross operating margin -€32,703
down €32,703, from €18,001 to -€14,702
- Taxes -€3,553
down €3,553 (-100%), from €3,553 to €0
- Other operating charges +€402
up €402 (+630%), from €64 to €465
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.
Derived cash bridge
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 | €41,913 | €19,877 | -€22,037 | -52.6% |
| Fixed assets | 21/28 | €2,723 | €1,010 | -€1,713 | -62.9% |
| Tangible fixed assets | 22/27 | €2,723 | €1,010 | -€1,713 | -62.9% |
| Furniture and vehicles | 24 | €2,723 | €1,010 | -€1,713 | -62.9% |
| Current assets | 29/58 | €39,190 | €18,866 | -€20,324 | -51.9% |
| Amounts receivable within one year | 40/41 | €142 | €6,207 | +€6,064 | +4,260% |
| Trade receivables | 40 | €0 | €29 | +€29 | |
| Other amounts receivable | 41 | €142 | €6,178 | +€6,036 | +4,240% |
| Cash at bank and in hand | 54/58 | €38,832 | €12,660 | -€26,172 | -67.4% |
| Deferred charges and accrued income | 490/1 | €217 | €0 | -€217 | -100% |
| Total equity and liabilities | 10/49 | €41,913 | €19,877 | -€22,037 | -52.6% |
| Equity | 10/15 | €36,284 | €19,364 | -€16,920 | -46.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €22,684 | €22,684 | = | 0.0% |
| Distributable reserves | 133 | €22,684 | €22,684 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,601 | -€4,319 | -€16,920 | |
| Amounts payable | 17/49 | €5,629 | €512 | -€5,117 | -90.9% |
| Amounts payable within one year | 42/48 | €5,629 | €512 | -€5,117 | -90.9% |
| Trade debts | 44 | €557 | €512 | -€45 | -8.0% |
| Suppliers | 440/4 | €557 | €512 | -€45 | -8.0% |
| Taxes, remuneration and social security | 45 | €3,738 | €0 | -€3,738 | -100% |
| Taxes | 450/3 | €3,738 | €0 | -€3,738 | -100% |
| Other amounts payable | 47/48 | €1,334 | €0 | -€1,334 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,745 | €1,713 | -€32 | -1.9% |
| Other operating charges | 640/8 | €64 | €465 | +€402 | +630% |
| Gross operating margin | 9900 | €18,001 | -€14,702 | -€32,703 | |
| Operating profit (loss) | 9901 | €16,192 | -€16,880 | -€33,072 | |
| Financial charges | 65/66B | €39 | €40 | +€1 | +3.5% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €16,153 | -€16,920 | -€33,073 | |
| Income taxes | 67/77 | €3,553 | €0 | -€3,553 | -100% |
| Profit (loss) for the period | 9904 | €12,601 | -€16,920 | -€29,520 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,601 | -€16,920 | -€29,520 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.