DEMARIE: 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.
DEMARIE
Largest movements
- Cash -€12,474
down €12,474 (-25.8%), from €48,262 to €35,788
mainly Net result for the year (-€14,235) and Other debts (-€2,724)
- Tangible fixed assets -€2,140
down €2,140 (-6.7%), from €31,844 to €29,704
of which Plant, machinery and equipment: -€1,500
- Profit (loss) carried forward -€14,235
down €14,235 (-130%), from -€10,951 to -€25,186
- Trade debts +€2,780
new in 2025: €2,780
- Other debts -€2,724
down €2,724 (-42.8%), from €6,370 to €3,646
- Gross operating margin +€4,672
up €4,672 (+30.3%), from -€15,413 to -€10,741
- Staff costs -€1,712
down €1,712, from €1,152 to -€560
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 | €80,990 | €66,811 | -€14,179 | -17.5% |
| Fixed assets | 21/28 | €31,844 | €29,704 | -€2,140 | -6.7% |
| Tangible fixed assets | 22/27 | €31,844 | €29,704 | -€2,140 | -6.7% |
| Land and buildings | 22 | €29,003 | €29,004 | +€1 | 0.0% |
| Plant, machinery and equipment | 23 | €2,005 | €505 | -€1,500 | -74.8% |
| Furniture and vehicles | 24 | €836 | €195 | -€641 | -76.7% |
| Current assets | 29/58 | €49,146 | €37,107 | -€12,039 | -24.5% |
| Amounts receivable within one year | 40/41 | €144 | €841 | +€697 | +484% |
| Other amounts receivable | 41 | €144 | €841 | +€697 | +484% |
| Cash at bank and in hand | 54/58 | €48,262 | €35,788 | -€12,474 | -25.8% |
| Deferred charges and accrued income | 490/1 | €740 | €478 | -€262 | -35.4% |
| Total equity and liabilities | 10/49 | €80,990 | €66,811 | -€14,179 | -17.5% |
| Equity | 10/15 | €74,620 | €60,385 | -€14,235 | -19.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €66,979 | €66,979 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €65,120 | €65,120 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,951 | -€25,186 | -€14,235 | -130% |
| Amounts payable | 17/49 | €6,370 | €6,426 | +€56 | +0.9% |
| Amounts payable within one year | 42/48 | €6,370 | €6,426 | +€56 | +0.9% |
| Trade debts | 44 | - | €2,780 | +€2,780 | |
| Suppliers | 440/4 | - | €2,780 | +€2,780 | |
| Other amounts payable | 47/48 | €6,370 | €3,646 | -€2,724 | -42.8% |
| Remuneration, social security and pensions | 62 | €1,152 | -€560 | -€1,712 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,140 | €2,140 | = | 0.0% |
| Other operating charges | 640/8 | €1,905 | €1,753 | -€152 | -8.0% |
| Gross operating margin | 9900 | -€15,413 | -€10,741 | +€4,672 | +30.3% |
| Operating profit (loss) | 9901 | -€20,610 | -€14,074 | +€6,536 | +31.7% |
| Financial income | 75/76B | €373 | €282 | -€91 | -24.4% |
| Recurring financial income | 75 | €373 | €282 | -€91 | -24.4% |
| Financial charges | 65/66B | €334 | €443 | +€109 | +32.6% |
| Recurring financial charges | 65 | €334 | €443 | +€109 | +32.6% |
| Profit (loss) for the period before taxes | 9903 | -€20,571 | -€14,235 | +€6,336 | +30.8% |
| Profit (loss) for the period | 9904 | -€20,571 | -€14,235 | +€6,336 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,571 | -€14,235 | +€6,336 | +30.8% |
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 18 October 2026 via checked.be.