DEMANLO: 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.
DEMANLO
Largest movements
- Cash +€151,124
up €151,124 (+864%), from €17,493 to €168,617
mainly Current investments (+€130,000) and Receivables within one year (+€36,769)
- Current investments -€130,000
down €130,000 (-100%), from €130,000 to €0
- Receivables within one year -€36,769
down €36,769 (-41.6%), from €88,424 to €51,655
of which Trade receivables: -€31,352
- Tangible fixed assets -€8,758
down €8,758 (-25.0%), from €35,083 to €26,325
of which Furniture and vehicles: -€4,928
- Deferred charges and accrued income +€3,762
up €3,762 (+398%), from €946 to €4,708
- Other debts -€34,784
down €34,784 (-35.9%), from €96,977 to €62,193
- Reserves +€17,662
up €17,662 (+10.8%), from €163,622 to €181,284
- Tax, wage and social debts -€3,317
down €3,317 (-73.0%), from €4,542 to €1,225
- Gross operating margin -€23,765
down €23,765 (-41.4%), from €57,449 to €33,684
- Financial income +€5,443
up €5,443 (+54,433,200%), from €0 to €5,443
- Taxes -€3,492
down €3,492 (-26.5%), from €13,173 to €9,680
- Financial charges -€2,277
down €2,277 (-96.9%), from €2,350 to €73
- Depreciation -€2,228
down €2,228 (-17.5%), from €12,725 to €10,497
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 | €271,946 | €251,305 | -€20,641 | -7.6% |
| Fixed assets | 21/28 | €35,083 | €26,325 | -€8,758 | -25.0% |
| Tangible fixed assets | 22/27 | €35,083 | €26,325 | -€8,758 | -25.0% |
| Plant, machinery and equipment | 23 | €15,644 | €11,814 | -€3,830 | -24.5% |
| Furniture and vehicles | 24 | €19,439 | €14,511 | -€4,928 | -25.4% |
| Current assets | 29/58 | €236,863 | €224,980 | -€11,883 | -5.0% |
| Amounts receivable within one year | 40/41 | €88,424 | €51,655 | -€36,769 | -41.6% |
| Trade receivables | 40 | €31,505 | €153 | -€31,352 | -99.5% |
| Other amounts receivable | 41 | €56,920 | €51,503 | -€5,417 | -9.5% |
| Current investments | 50/53 | €130,000 | €0 | -€130,000 | -100% |
| Cash at bank and in hand | 54/58 | €17,493 | €168,617 | +€151,124 | +864% |
| Deferred charges and accrued income | 490/1 | €946 | €4,708 | +€3,762 | +398% |
| Total equity and liabilities | 10/49 | €271,946 | €251,305 | -€20,641 | -7.6% |
| Equity | 10/15 | €169,822 | €187,484 | +€17,662 | +10.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €163,622 | €181,284 | +€17,662 | +10.8% |
| Distributable reserves | 133 | €163,622 | €181,284 | +€17,662 | +10.8% |
| Amounts payable | 17/49 | €102,124 | €63,821 | -€38,303 | -37.5% |
| Amounts payable within one year | 42/48 | €102,124 | €63,757 | -€38,367 | -37.6% |
| Trade debts | 44 | €605 | €339 | -€266 | -44.0% |
| Suppliers | 440/4 | €605 | €339 | -€266 | -44.0% |
| Taxes, remuneration and social security | 45 | €4,542 | €1,225 | -€3,317 | -73.0% |
| Taxes | 450/3 | €4,542 | €1,225 | -€3,317 | -73.0% |
| Other amounts payable | 47/48 | €96,977 | €62,193 | -€34,784 | -35.9% |
| Accrued charges and deferred income | 492/3 | €0 | €64 | +€64 | |
| Non-recurring operating income | 76A | €1,612 | €0 | -€1,612 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,725 | €10,497 | -€2,228 | -17.5% |
| Other operating charges | 640/8 | €1,206 | €1,215 | +€8 | +0.7% |
| Gross operating margin | 9900 | €57,449 | €33,684 | -€23,765 | -41.4% |
| Operating profit (loss) | 9901 | €43,518 | €21,973 | -€21,545 | -49.5% |
| Financial income | 75/76B | €0 | €5,443 | +€5,443 | +54,433,200% |
| Recurring financial income | 75 | €0 | €5,443 | +€5,443 | +54,433,200% |
| Financial charges | 65/66B | €2,350 | €73 | -€2,277 | -96.9% |
| Recurring financial charges | 65 | €2,350 | €73 | -€2,277 | -96.9% |
| Profit (loss) for the period before taxes | 9903 | €41,168 | €27,342 | -€13,825 | -33.6% |
| Income taxes | 67/77 | €13,173 | €9,680 | -€3,492 | -26.5% |
| Profit (loss) for the period | 9904 | €27,995 | €17,662 | -€10,333 | -36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,995 | €17,662 | -€10,333 | -36.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.