DEMAN CONSULTANCY: 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.
DEMAN CONSULTANCY
Largest movements
- Cash +€72,949
up €72,949 (+364.5%), from €20,011 to €92,960
mainly Other debts (+€328,447) and Net result for the year (+€115,669)
- Current investments +€39,209
up €39,209 (+17.2%), from €227,580 to €266,789
- Receivables within one year +€12,713
up €12,713 (+89.3%), from €14,231 to €26,944
of which Trade receivables: +€12,922
- Other debts +€328,447
new in 2025: €328,447
- Profit (loss) carried forward -€212,778
down €212,778, from €211,308 to -€1,470
- Tax, wage and social debts +€8,996
up €8,996 (+19.0%), from €47,295 to €56,291
of which Taxes: +€8,996
- Gross operating margin -€19,508
down €19,508 (-12.8%), from €152,469 to €132,961
- Financial income +€18,539
up €18,539 (+538920.9%), from €3 to €18,542
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 | €265,877 | €390,040 | +€124,163 | +46.7% |
| Fixed assets | 21/28 | €2,721 | €2,089 | -€633 | -23.3% |
| Tangible fixed assets | 22/27 | €2,721 | €2,089 | -€633 | -23.3% |
| Furniture and vehicles | 24 | €2,721 | €2,089 | -€633 | -23.3% |
| Current assets | 29/58 | €263,155 | €387,952 | +€124,796 | +47.4% |
| Amounts receivable within one year | 40/41 | €14,231 | €26,944 | +€12,713 | +89.3% |
| Trade receivables | 40 | €10,830 | €23,752 | +€12,922 | +119.3% |
| Other amounts receivable | 41 | €3,401 | €3,192 | -€209 | -6.1% |
| Current investments | 50/53 | €227,580 | €266,789 | +€39,209 | +17.2% |
| Cash at bank and in hand | 54/58 | €20,011 | €92,960 | +€72,949 | +364.5% |
| Deferred charges and accrued income | 490/1 | €1,333 | €1,259 | -€75 | -5.6% |
| Total equity and liabilities | 10/49 | €265,877 | €390,040 | +€124,163 | +46.7% |
| Equity | 10/15 | €213,308 | €530 | -€212,778 | -99.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €211,308 | -€1,470 | -€212,778 | |
| Amounts payable | 17/49 | €52,569 | €389,510 | +€336,942 | +641.0% |
| Amounts payable within one year | 42/48 | €52,569 | €389,510 | +€336,942 | +641.0% |
| Financial debts | 43 | €1,387 | €3 | -€1,384 | -99.8% |
| Credit institutions | 430/8 | €1,387 | €3 | -€1,384 | -99.8% |
| Trade debts | 44 | €3,887 | €4,769 | +€882 | +22.7% |
| Suppliers | 440/4 | €3,887 | €4,769 | +€882 | +22.7% |
| Taxes, remuneration and social security | 45 | €47,295 | €56,291 | +€8,996 | +19.0% |
| Taxes | 450/3 | €45,049 | €54,045 | +€8,996 | +20.0% |
| Remuneration and social security | 454/9 | €2,246 | €2,246 | = | 0.0% |
| Other amounts payable | 47/48 | - | €328,447 | +€328,447 | |
| Remuneration, social security and pensions | 62 | €754 | €0 | -€754 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €439 | €633 | +€194 | +44.1% |
| Other operating charges | 640/8 | €152 | €538 | +€386 | +254.7% |
| Gross operating margin | 9900 | €152,469 | €132,961 | -€19,508 | -12.8% |
| Operating profit (loss) | 9901 | €151,124 | €131,791 | -€19,333 | -12.8% |
| Financial income | 75/76B | €3 | €18,542 | +€18,539 | +538920.9% |
| Recurring financial income | 75 | €3 | €18,542 | +€18,539 | +538920.9% |
| Financial charges | 65/66B | €201 | €318 | +€118 | +58.7% |
| Recurring financial charges | 65 | €201 | €318 | +€118 | +58.7% |
| Profit (loss) for the period before taxes | 9903 | €150,927 | €150,015 | -€912 | -0.6% |
| Income taxes | 67/77 | €33,734 | €34,346 | +€612 | +1.8% |
| Profit (loss) for the period | 9904 | €117,193 | €115,669 | -€1,524 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €117,193 | €115,669 | -€1,524 | -1.3% |
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 4 October 2026 via checked.be.