Demamed: 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.
Demamed
Largest movements
- Receivables within one year +€173,128
up €173,128 (+4761.2%), from €3,636 to €176,764
of which Trade receivables: +€174,049
- Cash +€61,383
up €61,383 (+67.7%), from €90,655 to €152,038
mainly Net result for the year (+€202,653) and Tax, wage and social debts (+€47,421)
- Tangible fixed assets +€54,439
up €54,439 (+316.6%), from €17,195 to €71,634
of which Furniture and vehicles: +€43,435
- Profit (loss) carried forward +€202,653
up €202,653 (+223.5%), from €90,674 to €293,328
- Tax, wage and social debts +€47,421
up €47,421 (+349.6%), from €13,565 to €60,986
- Debts after one year +€33,813
new in 2025: €33,813
- Current portion of long-term debt +€10,966
new in 2025: €10,966
- Trade debts -€4,808
down €4,808 (-80.0%), from €6,008 to €1,200
- Gross operating margin +€209,987
up €209,987 (+303.1%), from €69,280 to €279,267
- Taxes +€47,413
up €47,413 (+349.5%), from €13,565 to €60,978
- Depreciation +€10,918
up €10,918 (+361.6%), from €3,019 to €13,937
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 | €112,747 | €402,793 | +€290,046 | +257.3% |
| Fixed assets | 21/28 | €17,270 | €71,634 | +€54,364 | +314.8% |
| Tangible fixed assets | 22/27 | €17,195 | €71,634 | +€54,439 | +316.6% |
| Land and buildings | 22 | €12,211 | €21,272 | +€9,061 | +74.2% |
| Plant, machinery and equipment | 23 | - | €1,944 | +€1,944 | |
| Furniture and vehicles | 24 | €4,984 | €48,418 | +€43,435 | +871.5% |
| Financial fixed assets | 28 | €75 | - | -€75 | |
| Current assets | 29/58 | €95,477 | €331,159 | +€235,682 | +246.8% |
| Amounts receivable within one year | 40/41 | €3,636 | €176,764 | +€173,128 | +4761.2% |
| Trade receivables | 40 | - | €174,049 | +€174,049 | |
| Other amounts receivable | 41 | €3,636 | €2,715 | -€922 | -25.3% |
| Cash at bank and in hand | 54/58 | €90,655 | €152,038 | +€61,383 | +67.7% |
| Deferred charges and accrued income | 490/1 | €1,186 | €2,357 | +€1,171 | +98.8% |
| Total equity and liabilities | 10/49 | €112,747 | €402,793 | +€290,046 | +257.3% |
| Equity | 10/15 | €93,174 | €295,828 | +€202,653 | +217.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,674 | €293,328 | +€202,653 | +223.5% |
| Amounts payable | 17/49 | €19,573 | €106,965 | +€87,393 | +446.5% |
| Amounts payable after more than one year | 17 | - | €33,813 | +€33,813 | |
| Financial debts | 170/4 | - | €33,813 | +€33,813 | |
| Amounts payable within one year | 42/48 | €19,573 | €73,152 | +€53,580 | +273.7% |
| Current portion of amounts payable after more than one year | 42 | - | €10,966 | +€10,966 | |
| Trade debts | 44 | €6,008 | €1,200 | -€4,808 | -80.0% |
| Suppliers | 440/4 | €6,008 | €1,200 | -€4,808 | -80.0% |
| Taxes, remuneration and social security | 45 | €13,565 | €60,986 | +€47,421 | +349.6% |
| Taxes | 450/3 | €13,565 | €60,986 | +€47,421 | +349.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,019 | €13,937 | +€10,918 | +361.6% |
| Other operating charges | 640/8 | €55 | €55 | = | 0.0% |
| Gross operating margin | 9900 | €69,280 | €279,267 | +€209,987 | +303.1% |
| Operating profit (loss) | 9901 | €66,205 | €265,274 | +€199,069 | +300.7% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €78 | €1,643 | +€1,565 | +1997.5% |
| Recurring financial charges | 65 | €78 | €1,643 | +€1,565 | +1997.5% |
| Profit (loss) for the period before taxes | 9903 | €66,128 | €263,631 | +€197,503 | +298.7% |
| Income taxes | 67/77 | €13,565 | €60,978 | +€47,413 | +349.5% |
| Profit (loss) for the period | 9904 | €52,563 | €202,653 | +€150,090 | +285.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,563 | €202,653 | +€150,090 | +285.5% |
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 5 October 2026 via checked.be.