DEMARET SRL: 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.
DEMARET SRL
Largest movements
- Receivables within one year +€269,179
up €269,179 (+90.1%), from €298,736 to €567,915
of which Other amounts receivable: +€143,608
- Cash +€195,658
up €195,658 (+34.1%), from €574,095 to €769,754
mainly Other debts (+€633,921) and Net result for the year (+€325,091)
- Tangible fixed assets +€115,023
up €115,023 (+15.0%), from €764,392 to €879,415
of which Other tangible fixed assets: +€81,832
- Stocks and contracts +€81,164
up €81,164 (+204%), from €39,802 to €120,965
- Other debts +€633,921
up €633,921 (+423%), from €150,000 to €783,921
- Profit (loss) carried forward -€302,490
no longer reported in 2025 (was €302,490)
- Tax, wage and social debts +€218,234
up €218,234 (+105%), from €207,951 to €426,184
of which Remuneration and social security: +€142,604
- Trade debts +€110,776
up €110,776 (+22.8%), from €484,927 to €595,704
- Debts after one year -€82,168
down €82,168 (-26.7%), from €308,203 to €226,035
- Gross operating margin +€1.2m
up €1.2m (+52.1%), from €2.2m to €3.4m
- Staff costs +€795,829
up €795,829 (+42.2%), from €1.9m to €2.7m
- Taxes +€94,652
up €94,652 (+373%), from €25,348 to €120,001
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 | €1,873,530 | €2,513,539 | +€640,009 | +34.2% |
| Fixed assets | 21/28 | €912,254 | €1,006,262 | +€94,008 | +10.3% |
| Intangible fixed assets | 21 | €144,731 | €123,715 | -€21,015 | -14.5% |
| Tangible fixed assets | 22/27 | €764,392 | €879,415 | +€115,023 | +15.0% |
| Land and buildings | 22 | €387,579 | €379,058 | -€8,522 | -2.2% |
| Plant, machinery and equipment | 23 | €171,222 | €202,051 | +€30,828 | +18.0% |
| Furniture and vehicles | 24 | €51,706 | €62,591 | +€10,885 | +21.1% |
| Other tangible fixed assets | 26 | €153,885 | €235,717 | +€81,832 | +53.2% |
| Financial fixed assets | 28 | €3,131 | €3,131 | = | 0.0% |
| Current assets | 29/58 | €961,276 | €1,507,277 | +€546,001 | +56.8% |
| Amounts receivable after more than one year | 29 | €48,576 | €48,576 | = | 0.0% |
| Other amounts receivable | 291 | €48,576 | €48,576 | = | 0.0% |
| Stocks and contracts in progress | 3 | €39,802 | €120,965 | +€81,164 | +204% |
| Stocks | 30/36 | €39,802 | €120,965 | +€81,164 | +204% |
| Amounts receivable within one year | 40/41 | €298,736 | €567,915 | +€269,179 | +90.1% |
| Trade receivables | 40 | €102,981 | €228,552 | +€125,571 | +122% |
| Other amounts receivable | 41 | €195,755 | €339,364 | +€143,608 | +73.4% |
| Cash at bank and in hand | 54/58 | €574,095 | €769,754 | +€195,658 | +34.1% |
| Deferred charges and accrued income | 490/1 | €67 | €67 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,873,530 | €2,513,539 | +€640,009 | +34.2% |
| Equity | 10/15 | €507,852 | €199,022 | -€308,830 | -60.8% |
| Contributions | 10/11 | €44,620 | €44,620 | = | 0.0% |
| Reserves | 13 | €160,742 | €154,402 | -€6,340 | -3.9% |
| Tax-exempt reserves | 132 | €30,180 | €23,840 | -€6,340 | -21.0% |
| Distributable reserves | 133 | €130,562 | €130,562 | = | 0.0% |
| Profit (loss) carried forward | 14 | €302,490 | - | -€302,490 | |
| Provisions and deferred taxes | 16 | €10,060 | €7,947 | -€2,113 | -21.0% |
| Deferred taxes | 168 | €10,060 | €7,947 | -€2,113 | -21.0% |
| Amounts payable | 17/49 | €1,355,618 | €2,306,571 | +€950,952 | +70.1% |
| Amounts payable after more than one year | 17 | €308,203 | €226,035 | -€82,168 | -26.7% |
| Financial debts | 170/4 | €308,203 | €226,035 | -€82,168 | -26.7% |
| Amounts payable within one year | 42/48 | €1,046,365 | €2,079,485 | +€1.0m | +98.7% |
| Current portion of amounts payable after more than one year | 42 | €203,487 | €247,445 | +€43,958 | +21.6% |
| Financial debts | 43 | - | €26,230 | +€26,230 | |
| Credit institutions | 430/8 | - | €26,230 | +€26,230 | |
| Trade debts | 44 | €484,927 | €595,704 | +€110,776 | +22.8% |
| Suppliers | 440/4 | €484,927 | €595,704 | +€110,776 | +22.8% |
| Taxes, remuneration and social security | 45 | €207,951 | €426,184 | +€218,234 | +105% |
| Taxes | 450/3 | €535 | €76,165 | +€75,630 | +14,136% |
| Remuneration and social security | 454/9 | €207,416 | €350,019 | +€142,604 | +68.8% |
| Other amounts payable | 47/48 | €150,000 | €783,921 | +€633,921 | +423% |
| Accrued charges and deferred income | 492/3 | €1,050 | €1,050 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,884,227 | €2,680,056 | +€795,829 | +42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €234,821 | €218,097 | -€16,724 | -7.1% |
| Other operating charges | 640/8 | €13,665 | €18,580 | +€4,915 | +36.0% |
| Gross operating margin | 9900 | €2,244,469 | €3,414,001 | +€1.2m | +52.1% |
| Operating profit (loss) | 9901 | €111,756 | €497,268 | +€385,513 | +345% |
| Financial income | 75/76B | €7 | €39 | +€32 | +480% |
| Recurring financial income | 75 | €7 | €39 | +€32 | +480% |
| Financial charges | 65/66B | €66,338 | €54,328 | -€12,010 | -18.1% |
| Recurring financial charges | 65 | €66,338 | €54,328 | -€12,010 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €45,424 | €442,979 | +€397,555 | +875% |
| Transfer from deferred taxes | 780 | €2,113 | €2,113 | = | 0.0% |
| Income taxes | 67/77 | €25,348 | €120,001 | +€94,652 | +373% |
| Profit (loss) for the period | 9904 | €22,189 | €325,091 | +€302,902 | +1,365% |
| Transfer from tax-exempt reserves | 789 | €6,340 | €6,340 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,529 | €331,431 | +€302,902 | +1,062% |
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 1 November 2026 via checked.be.