DEMALOGIC: 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.
DEMALOGIC
Largest movements
- Cash -€15,830
down €15,830 (-43.2%), from €36,619 to €20,789
mainly Debts after one year (-€15,000) and Net result for the year (-€7,875)
- Receivables within one year +€3,777
up €3,777 (+138.6%), from €2,725 to €6,502
- Tangible fixed assets +€1,333
new in 2025: €1,333
- Formation expenses -€791
down €791 (-50.0%), from €1,583 to €791
- Debts after one year -€15,000
no longer reported in 2025 (was €15,000)
- Other debts +€10,642
up €10,642 (+6894.4%), from €154 to €10,797
- Profit (loss) carried forward -€7,875
down €7,875 (-190.7%), from -€4,130 to -€12,005
- Tax, wage and social debts +€1,578
up €1,578 (+126.4%), from €1,248 to €2,827
- Accrued charges and deferred income -€992
no longer reported in 2025 (was €992)
- Gross operating margin -€3,023
down €3,023 (-91.6%), from -€3,300 to -€6,322
- Financial charges -€1,374
down €1,374 (-95.0%), from €1,446 to €72
- Depreciation +€945
new in 2025: €945
- Taxes +€78
no longer reported in 2025 (was -€78)
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 | €41,416 | €29,963 | -€11,453 | -27.7% |
| Formation expenses | 20 | €1,583 | €791 | -€791 | -50.0% |
| Fixed assets | 21/28 | - | €1,333 | +€1,333 | |
| Tangible fixed assets | 22/27 | - | €1,333 | +€1,333 | |
| Plant, machinery and equipment | 23 | - | €1,333 | +€1,333 | |
| Current assets | 29/58 | €39,833 | €27,838 | -€11,995 | -30.1% |
| Amounts receivable within one year | 40/41 | €2,725 | €6,502 | +€3,777 | +138.6% |
| Trade receivables | 40 | €2,725 | €6,502 | +€3,777 | +138.6% |
| Cash at bank and in hand | 54/58 | €36,619 | €20,789 | -€15,830 | -43.2% |
| Deferred charges and accrued income | 490/1 | €489 | €547 | +€58 | +11.9% |
| Total equity and liabilities | 10/49 | €41,416 | €29,963 | -€11,453 | -27.7% |
| Equity | 10/15 | €23,809 | €15,934 | -€7,875 | -33.1% |
| Contributions | 10/11 | €12,413 | €12,413 | = | 0.0% |
| Reserves | 13 | €15,526 | €15,526 | = | 0.0% |
| Distributable reserves | 133 | €15,526 | €15,526 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,130 | -€12,005 | -€7,875 | -190.7% |
| Amounts payable | 17/49 | €17,607 | €14,029 | -€3,578 | -20.3% |
| Amounts payable after more than one year | 17 | €15,000 | - | -€15,000 | |
| Other amounts payable | 178/9 | €15,000 | - | -€15,000 | |
| Amounts payable within one year | 42/48 | €1,615 | €14,029 | +€12,415 | +768.7% |
| Trade debts | 44 | €212 | €406 | +€194 | +91.4% |
| Suppliers | 440/4 | €212 | €406 | +€194 | +91.4% |
| Taxes, remuneration and social security | 45 | €1,248 | €2,827 | +€1,578 | +126.4% |
| Taxes | 450/3 | €1,248 | €2,827 | +€1,578 | +126.4% |
| Other amounts payable | 47/48 | €154 | €10,797 | +€10,642 | +6894.4% |
| Accrued charges and deferred income | 492/3 | €992 | - | -€992 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €945 | +€945 | |
| Other operating charges | 640/8 | €599 | €602 | +€4 | +0.6% |
| Gross operating margin | 9900 | -€3,300 | -€6,322 | -€3,023 | -91.6% |
| Operating profit (loss) | 9901 | -€3,898 | -€7,870 | -€3,972 | -101.9% |
| Financial income | 75/76B | €44 | €67 | +€23 | +53.6% |
| Recurring financial income | 75 | €44 | €67 | +€23 | +53.6% |
| Financial charges | 65/66B | €1,446 | €72 | -€1,374 | -95.0% |
| Recurring financial charges | 65 | €1,446 | €72 | -€1,374 | -95.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,301 | -€7,875 | -€2,574 | -48.5% |
| Income taxes | 67/77 | -€78 | - | +€78 | |
| Profit (loss) for the period | 9904 | -€5,223 | -€7,875 | -€2,652 | -50.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,223 | -€7,875 | -€2,652 | -50.8% |
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 11 October 2026 via checked.be.