DEMAPAR: 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.
DEMAPAR
Largest movements
- Cash -€18,589
down €18,589 (-51.2%), from €36,338 to €17,749
mainly Trade debts (-€9,812) and Tax, wage and social debts (-€4,167)
- Trade debts -€9,812
down €9,812 (-52.6%), from €18,663 to €8,851
- Tax, wage and social debts -€4,167
down €4,167 (-95.3%), from €4,372 to €204
- Accrued charges and deferred income -€3,234
no longer reported in 2025 (was €3,234)
- Profit (loss) carried forward -€2,139
down €2,139 (-15.3%), from €13,966 to €11,827
- Gross operating margin -€8,991
down €8,991 (-75.8%), from €11,859 to €2,869
- Depreciation -€6,330
down €6,330 (-89.3%), from €7,092 to €762
- Taxes -€640
down €640 (-93.8%), from €682 to €42
- Financial charges +€143
up €143 (+103%), from €139 to €281
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 | €158,434 | €139,082 | -€19,352 | -12.2% |
| Fixed assets | 21/28 | €117,096 | €116,334 | -€762 | -0.7% |
| Tangible fixed assets | 22/27 | €117,096 | €116,334 | -€762 | -0.7% |
| Land and buildings | 22 | €117,096 | €116,334 | -€762 | -0.7% |
| Current assets | 29/58 | €41,338 | €22,749 | -€18,589 | -45.0% |
| Amounts receivable within one year | 40/41 | €5,000 | €5,000 | = | 0.0% |
| Other amounts receivable | 41 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €36,338 | €17,749 | -€18,589 | -51.2% |
| Total equity and liabilities | 10/49 | €158,434 | €139,082 | -€19,352 | -12.2% |
| Equity | 10/15 | €132,166 | €130,027 | -€2,139 | -1.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | - | -€62,000 | |
| Issued capital | 100 | €62,000 | - | -€62,000 | |
| Reserves | 13 | €56,200 | €56,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | - | -€6,200 | |
| Legal reserve | 130 | €6,200 | - | -€6,200 | |
| Distributable reserves | 133 | €50,000 | €56,200 | +€6,200 | +12.4% |
| Profit (loss) carried forward | 14 | €13,966 | €11,827 | -€2,139 | -15.3% |
| Amounts payable | 17/49 | €26,268 | €9,055 | -€17,213 | -65.5% |
| Amounts payable within one year | 42/48 | €23,035 | €9,055 | -€13,979 | -60.7% |
| Trade debts | 44 | €18,663 | €8,851 | -€9,812 | -52.6% |
| Suppliers | 440/4 | €18,663 | €8,851 | -€9,812 | -52.6% |
| Taxes, remuneration and social security | 45 | €4,372 | €204 | -€4,167 | -95.3% |
| Taxes | 450/3 | €4,372 | €204 | -€4,167 | -95.3% |
| Accrued charges and deferred income | 492/3 | €3,234 | - | -€3,234 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,092 | €762 | -€6,330 | -89.3% |
| Other operating charges | 640/8 | €3,822 | €3,921 | +€99 | +2.6% |
| Gross operating margin | 9900 | €11,859 | €2,869 | -€8,991 | -75.8% |
| Operating profit (loss) | 9901 | €945 | -€1,815 | -€2,760 | |
| Financial charges | 65/66B | €139 | €281 | +€143 | +103% |
| Recurring financial charges | 65 | €139 | €281 | +€143 | +103% |
| Profit (loss) for the period before taxes | 9903 | €806 | -€2,096 | -€2,902 | |
| Income taxes | 67/77 | €682 | €42 | -€640 | -93.8% |
| Profit (loss) for the period | 9904 | €123 | -€2,139 | -€2,262 | |
| Profit (loss) for the period to be appropriated | 9905 | €123 | -€2,139 | -€2,262 |
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 28 October 2026 via checked.be.