DEMAROJE PROJECTS: 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.
DEMAROJE PROJECTS
Largest movements
- Cash -€1,367
down €1,367 (-8.7%), from €15,670 to €14,302
mainly Net result for the year (-€1,430)
- Profit (loss) carried forward -€1,430
down €1,430 (-1.6%), from -€89,499 to -€90,929
- Gross operating margin -€791
down €791, from €184 to -€607
- Financial charges +€397
up €397 (+1,018%), from €39 to €436
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,740 | €14,310 | -€1,430 | -9.1% |
| Current assets | 29/58 | €15,740 | €14,310 | -€1,430 | -9.1% |
| Amounts receivable within one year | 40/41 | €70 | €8 | -€63 | -89.3% |
| Other amounts receivable | 41 | €70 | €8 | -€63 | -89.3% |
| Cash at bank and in hand | 54/58 | €15,670 | €14,302 | -€1,367 | -8.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €15,740 | €14,310 | -€1,430 | -9.1% |
| Equity | 10/15 | -€24,427 | -€25,857 | -€1,430 | -5.9% |
| Contributions | 10/11 | €64,452 | €64,452 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,499 | -€90,929 | -€1,430 | -1.6% |
| Amounts payable | 17/49 | €40,167 | €40,167 | = | 0.0% |
| Amounts payable within one year | 42/48 | €40,167 | €40,167 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €40,167 | €40,167 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €184 | -€607 | -€791 | |
| Operating profit (loss) | 9901 | -€200 | -€994 | -€794 | -396% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €39 | €436 | +€397 | +1,018% |
| Recurring financial charges | 65 | €39 | €436 | +€397 | +1,018% |
| Profit (loss) for the period before taxes | 9903 | -€239 | -€1,430 | -€1,191 | -498% |
| Profit (loss) for the period | 9904 | -€239 | -€1,430 | -€1,191 | -498% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€239 | -€1,430 | -€1,191 | -498% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.