DEMAR CONSULTING: 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.
DEMAR CONSULTING
Largest movements
- Cash -€51,901
down €51,901 (-38.4%), from €135,277 to €83,376
mainly Contributions, distributions and other (-€197,000) and Tax, wage and social debts (-€3,004)
- Reserves -€184,331
down €184,331 (-93.7%), from €196,784 to €12,454
- Other debts +€136,978
up €136,978, from €0 to €136,978
- Tax, wage and social debts -€3,004
down €3,004 (-48.4%), from €6,205 to €3,201
- Gross operating margin -€83,945
down €83,945 (-81.5%), from €103,014 to €19,069
- Taxes -€12,202
down €12,202 (-75.6%), from €16,142 to €3,940
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 | €208,383 | €157,529 | -€50,854 | -24.4% |
| Fixed assets | 21/28 | €2,065 | €1,341 | -€724 | -35.1% |
| Tangible fixed assets | 22/27 | €2,065 | €1,341 | -€724 | -35.1% |
| Furniture and vehicles | 24 | €2,065 | €1,341 | -€724 | -35.1% |
| Current assets | 29/58 | €206,318 | €156,188 | -€50,130 | -24.3% |
| Amounts receivable within one year | 40/41 | €18,610 | €20,191 | +€1,581 | +8.5% |
| Trade receivables | 40 | €15,670 | €0 | -€15,670 | -100% |
| Other amounts receivable | 41 | €2,941 | €20,191 | +€17,250 | +587% |
| Current investments | 50/53 | €49,000 | €49,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €135,277 | €83,376 | -€51,901 | -38.4% |
| Deferred charges and accrued income | 490/1 | €3,431 | €3,621 | +€190 | +5.5% |
| Total equity and liabilities | 10/49 | €208,383 | €157,529 | -€50,854 | -24.4% |
| Equity | 10/15 | €201,784 | €17,238 | -€184,546 | -91.5% |
| Contributions | 10/11 | €5,000 | €4,784 | -€216 | -4.3% |
| Reserves | 13 | €196,784 | €12,454 | -€184,331 | -93.7% |
| Distributable reserves | 133 | €196,784 | €12,454 | -€184,331 | -93.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €6,599 | €140,291 | +€133,692 | +2,026% |
| Amounts payable within one year | 42/48 | €6,599 | €140,291 | +€133,692 | +2,026% |
| Trade debts | 44 | €393 | €112 | -€282 | -71.6% |
| Suppliers | 440/4 | €393 | €112 | -€282 | -71.6% |
| Taxes, remuneration and social security | 45 | €6,205 | €3,201 | -€3,004 | -48.4% |
| Taxes | 450/3 | €6,205 | €3,201 | -€3,004 | -48.4% |
| Other amounts payable | 47/48 | €0 | €136,978 | +€136,978 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107 | €724 | +€617 | +578% |
| Other operating charges | 640/8 | €441 | €720 | +€279 | +63.3% |
| Gross operating margin | 9900 | €103,014 | €19,069 | -€83,945 | -81.5% |
| Operating profit (loss) | 9901 | €102,466 | €17,625 | -€84,842 | -82.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,873 | €1,231 | -€642 | -34.3% |
| Recurring financial charges | 65 | €1,873 | €1,231 | -€642 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €100,593 | €16,394 | -€84,199 | -83.7% |
| Income taxes | 67/77 | €16,142 | €3,940 | -€12,202 | -75.6% |
| Profit (loss) for the period | 9904 | €84,451 | €12,454 | -€71,997 | -85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €84,451 | €12,454 | -€71,997 | -85.3% |
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 26 October 2026 via checked.be.