DEMAN - BRYS: 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 - BRYS
Largest movements
- Tangible fixed assets +€65,532
up €65,532 (+132%), from €49,719 to €115,251
of which Furniture and vehicles: +€71,540
- Reserves +€96,292
up €96,292 (+50.0%), from €192,616 to €288,907
- Other debts -€71,800
down €71,800 (-20.7%), from €346,991 to €275,191
- Debts after one year +€45,494
new in 2025: €45,494
- Current portion of long-term debt +€16,205
new in 2025: €16,205
- Contributions -€12,952
down €12,952 (-17.3%), from €75,000 to €62,048
- Financial income +€19,711
up €19,711 (+147%), from €13,424 to €33,136
- Gross operating margin +€14,788
up €14,788 (+16.6%), from €88,975 to €103,763
- Taxes +€6,816
up €6,816 (+25.3%), from €26,959 to €33,775
- Depreciation +€5,384
up €5,384 (+46.7%), from €11,529 to €16,912
- Financial charges +€2,861
up €2,861, from -€1,278 to €1,584
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 | €631,165 | €708,794 | +€77,629 | +12.3% |
| Fixed assets | 21/28 | €50,871 | €116,149 | +€65,278 | +128% |
| Intangible fixed assets | 21 | €1,121 | €867 | -€254 | -22.7% |
| Tangible fixed assets | 22/27 | €49,719 | €115,251 | +€65,532 | +132% |
| Plant, machinery and equipment | 23 | €16,512 | €16,962 | +€450 | +2.7% |
| Furniture and vehicles | 24 | €5,869 | €77,409 | +€71,540 | +1,219% |
| Other tangible fixed assets | 26 | €27,337 | €20,879 | -€6,458 | -23.6% |
| Financial fixed assets | 28 | €31 | €31 | = | 0.0% |
| Current assets | 29/58 | €580,294 | €592,645 | +€12,351 | +2.1% |
| Amounts receivable within one year | 40/41 | €494,837 | €499,291 | +€4,454 | +0.9% |
| Trade receivables | 40 | €40,573 | €26,679 | -€13,894 | -34.2% |
| Other amounts receivable | 41 | €454,264 | €472,612 | +€18,348 | +4.0% |
| Current investments | 50/53 | €27,696 | €32,534 | +€4,838 | +17.5% |
| Cash at bank and in hand | 54/58 | €50,468 | €54,848 | +€4,379 | +8.7% |
| Deferred charges and accrued income | 490/1 | €7,293 | €5,973 | -€1,321 | -18.1% |
| Total equity and liabilities | 10/49 | €631,165 | €708,794 | +€77,629 | +12.3% |
| Equity | 10/15 | €267,616 | €350,955 | +€83,339 | +31.1% |
| Contributions | 10/11 | €75,000 | €62,048 | -€12,952 | -17.3% |
| Reserves | 13 | €192,616 | €288,907 | +€96,292 | +50.0% |
| Distributable reserves | 133 | €192,616 | €288,907 | +€96,292 | +50.0% |
| Amounts payable | 17/49 | €363,549 | €357,839 | -€5,710 | -1.6% |
| Amounts payable after more than one year | 17 | - | €45,494 | +€45,494 | |
| Financial debts | 170/4 | - | €45,494 | +€45,494 | |
| Amounts payable within one year | 42/48 | €363,491 | €312,286 | -€51,205 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | - | €16,205 | +€16,205 | |
| Trade debts | 44 | €2,428 | €1,759 | -€670 | -27.6% |
| Suppliers | 440/4 | €2,428 | €1,759 | -€670 | -27.6% |
| Taxes, remuneration and social security | 45 | €14,072 | €19,132 | +€5,060 | +36.0% |
| Taxes | 450/3 | €12,072 | €19,132 | +€7,060 | +58.5% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100% |
| Other amounts payable | 47/48 | €346,991 | €275,191 | -€71,800 | -20.7% |
| Accrued charges and deferred income | 492/3 | €58 | €59 | +€1 | +1.9% |
| Non-recurring operating income | 76A | - | €14,590 | +€14,590 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,529 | €16,912 | +€5,384 | +46.7% |
| Other operating charges | 640/8 | €2,009 | €1,288 | -€720 | -35.9% |
| Gross operating margin | 9900 | €88,975 | €103,763 | +€14,788 | +16.6% |
| Operating profit (loss) | 9901 | €75,438 | €85,562 | +€10,125 | +13.4% |
| Financial income | 75/76B | €13,424 | €33,136 | +€19,711 | +147% |
| Recurring financial income | 75 | €13,424 | €33,136 | +€19,711 | +147% |
| Financial charges | 65/66B | -€1,278 | €1,584 | +€2,861 | |
| Recurring financial charges | 65 | -€1,278 | €1,584 | +€2,861 | |
| Profit (loss) for the period before taxes | 9903 | €90,140 | €117,114 | +€26,975 | +29.9% |
| Income taxes | 67/77 | €26,959 | €33,775 | +€6,816 | +25.3% |
| Profit (loss) for the period | 9904 | €63,181 | €83,339 | +€20,158 | +31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63,181 | €83,339 | +€20,158 | +31.9% |
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 23 October 2026 via checked.be.