DEMASURE BERT: what changed
Two fiscal 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.
DEMASURE BERT
Largest movements
- Receivables within one year -€22,747
down €22,747 (-41.9%), from €54,278 to €31,531
of which Trade receivables: -€22,771
- Cash +€15,904
up €15,904 (+54.3%), from €29,266 to €45,170
mainly Receivables within one year (+€22,747) and Net result for the year (+€16,856)
- Tangible fixed assets +€15,603
up €15,603 (+200.5%), from €7,784 to €23,386
of which Other tangible fixed assets: +€17,677
- Reserves +€16,023
up €16,023 (+33.7%), from €47,536 to €63,559
- Tax, wage and social debts -€9,600
down €9,600 (-42.7%), from €22,481 to €12,880
- Other debts -€7,969
down €7,969 (-90.5%), from €8,802 to €833
- Debts after one year +€7,000
new in 2025: €7,000
- Contributions +€4,900
up €4,900 (+4900.0%), from €100 to €5,000
- Gross operating margin -€11,191
down €11,191 (-21.7%), from €51,480 to €40,290
- Taxes -€3,075
down €3,075 (-36.7%), from €8,378 to €5,303
- Other operating charges -€2,759
down €2,759 (-19.9%), from €13,878 to €11,119
- Financial charges +€759
up €759 (+233.5%), from €325 to €1,084
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.
Cash bridge derived
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 | €91,701 | €101,176 | +€9,475 | +10.3% |
| Fixed assets | 21/28 | €7,863 | €23,455 | +€15,593 | +198.3% |
| Intangible fixed assets | 21 | €79 | €69 | -€10 | -12.6% |
| Tangible fixed assets | 22/27 | €7,784 | €23,386 | +€15,603 | +200.5% |
| Plant, machinery and equipment | 23 | €3,513 | €4,283 | +€770 | +21.9% |
| Furniture and vehicles | 24 | €3,362 | €518 | -€2,844 | -84.6% |
| Other tangible fixed assets | 26 | €909 | €18,586 | +€17,677 | +1944.8% |
| Current assets | 29/58 | €83,838 | €77,721 | -€6,118 | -7.3% |
| Amounts receivable within one year | 40/41 | €54,278 | €31,531 | -€22,747 | -41.9% |
| Trade receivables | 40 | €54,273 | €31,502 | -€22,771 | -42.0% |
| Other amounts receivable | 41 | €5 | €29 | +€24 | +480.0% |
| Cash at bank and in hand | 54/58 | €29,266 | €45,170 | +€15,904 | +54.3% |
| Deferred charges and accrued income | 490/1 | €294 | €1,020 | +€726 | +246.7% |
| Total equity and liabilities | 10/49 | €91,701 | €101,176 | +€9,475 | +10.3% |
| Equity | 10/15 | €47,636 | €68,559 | +€20,923 | +43.9% |
| Contributions | 10/11 | €100 | €5,000 | +€4,900 | +4900.0% |
| Reserves | 13 | €47,536 | €63,559 | +€16,023 | +33.7% |
| Distributable reserves | 133 | €47,536 | €63,559 | +€16,023 | +33.7% |
| Amounts payable | 17/49 | €44,065 | €32,617 | -€11,448 | -26.0% |
| Amounts payable after more than one year | 17 | - | €7,000 | +€7,000 | |
| Financial debts | 170/4 | - | €7,000 | +€7,000 | |
| Amounts payable within one year | 42/48 | €32,755 | €18,006 | -€14,749 | -45.0% |
| Current portion of amounts payable after more than one year | 42 | - | €3,045 | +€3,045 | |
| Trade debts | 44 | €1,473 | €1,247 | -€226 | -15.3% |
| Suppliers | 440/4 | €1,473 | €1,247 | -€226 | -15.3% |
| Taxes, remuneration and social security | 45 | €22,481 | €12,880 | -€9,600 | -42.7% |
| Taxes | 450/3 | €22,481 | €12,880 | -€9,600 | -42.7% |
| Other amounts payable | 47/48 | €8,802 | €833 | -€7,969 | -90.5% |
| Accrued charges and deferred income | 492/3 | €11,310 | €7,611 | -€3,699 | -32.7% |
| Non-recurring operating income | 76A | - | €1,726 | +€1,726 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,768 | €5,907 | +€138 | +2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €133 | +€133 | |
| Other operating charges | 640/8 | €13,878 | €11,119 | -€2,759 | -19.9% |
| Gross operating margin | 9900 | €51,480 | €40,290 | -€11,191 | -21.7% |
| Operating profit (loss) | 9901 | €31,834 | €23,131 | -€8,703 | -27.3% |
| Financial income | 75/76B | - | €112 | +€112 | |
| Recurring financial income | 75 | - | €112 | +€112 | |
| Financial charges | 65/66B | €325 | €1,084 | +€759 | +233.5% |
| Recurring financial charges | 65 | €325 | €1,084 | +€759 | +233.5% |
| Profit (loss) for the period before taxes | 9903 | €31,509 | €22,159 | -€9,350 | -29.7% |
| Income taxes | 67/77 | €8,378 | €5,303 | -€3,075 | -36.7% |
| Profit (loss) for the period | 9904 | €23,131 | €16,856 | -€6,275 | -27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,131 | €16,856 | -€6,275 | -27.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.