Deman: 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.
Deman
Largest movements
- Cash +€194,176
up €194,176 (+168%), from €115,829 to €310,006
mainly Receivables within one year (+€191,624) and Net result for the year (+€2,696)
- Receivables within one year -€191,624
down €191,624 (-100.0%), from €191,707 to €83
of which Other amounts receivable: -€190,783
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€6,507
up €6,507, from -€3,163 to €3,344
- Other operating charges -€367
down €367 (-41.1%), from €893 to €526
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 | €307,711 | €310,265 | +€2,553 | +0.8% |
| Current assets | 29/58 | €307,711 | €310,265 | +€2,553 | +0.8% |
| Amounts receivable within one year | 40/41 | €191,707 | €83 | -€191,624 | -100.0% |
| Trade receivables | 40 | €841 | €0 | -€841 | -100% |
| Other amounts receivable | 41 | €190,866 | €83 | -€190,783 | -100.0% |
| Cash at bank and in hand | 54/58 | €115,829 | €310,006 | +€194,176 | +168% |
| Deferred charges and accrued income | 490/1 | €175 | €176 | +€1 | +0.5% |
| Total equity and liabilities | 10/49 | €307,711 | €310,265 | +€2,553 | +0.8% |
| Equity | 10/15 | -€197,322 | -€194,626 | +€2,696 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,015 | €26,015 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €24,155 | €24,155 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€241,937 | -€239,241 | +€2,696 | +1.1% |
| Amounts payable | 17/49 | €505,033 | €504,891 | -€142 | 0.0% |
| Amounts payable within one year | 42/48 | €505,033 | €504,891 | -€142 | 0.0% |
| Trade debts | 44 | €291 | €176 | -€115 | -39.5% |
| Suppliers | 440/4 | €291 | €176 | -€115 | -39.5% |
| Taxes, remuneration and social security | 45 | €28 | €0 | -€28 | -100% |
| Taxes | 450/3 | €28 | €0 | -€28 | -100% |
| Other amounts payable | 47/48 | €504,715 | €504,715 | = | 0.0% |
| Other operating charges | 640/8 | €893 | €526 | -€367 | -41.1% |
| Gross operating margin | 9900 | -€3,163 | €3,344 | +€6,507 | |
| Operating profit (loss) | 9901 | -€4,055 | €2,818 | +€6,873 | |
| Financial charges | 65/66B | €128 | €122 | -€6 | -4.4% |
| Recurring financial charges | 65 | €128 | €122 | -€6 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,183 | €2,696 | +€6,879 | |
| Profit (loss) for the period | 9904 | -€4,183 | €2,696 | +€6,879 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,183 | €2,696 | +€6,879 |
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 22 October 2026 via checked.be.