Dematic: 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.
What changed
Dematic
NACE 43.211, General electrical installation work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3.8m
2024 · -€4.7m+€957,902
Equity
€13.6m
2024 · €11.3m+€2.2m
Cash
€118,825
2024 · €1,440+€117,385
Balance sheet total
€28.2m
2024 · €28.9m-€693,592
Largest movements
Assets
- Stocks and contracts -€4.0m
down €4.0m (-52.3%), from €7.7m to €3.7m
of which Contracts in progress: -€3.9m
- Receivables within one year +€3.2m
up €3.2m (+15.4%), from €20.9m to €24.1m
of which Other amounts receivable: +€3.1m
Equity and liabilities
- Contributions +€6.0m
up €6.0m (+435.3%), from €1.4m to €7.4m
- Profit (loss) carried forward -€3.8m
down €3.8m (-40.3%), from €9.4m to €5.6m
- Advances received -€2.9m
down €2.9m (-43.0%), from €6.6m to €3.8m
- Trade debts +€1.5m
up €1.5m (+29.2%), from €5.3m to €6.8m
- Tax, wage and social debts -€1.0m
down €1.0m (-28.3%), from €3.6m to €2.6m
of which Remuneration and social security: -€1.1m
Income statement
- Other operating income -€5.1m
down €5.1m (-33.8%), from €15.2m to €10.0m
- Staff costs -€4.4m
down €4.4m (-24.8%), from €17.6m to €13.2m
- Services and other goods -€3.2m
down €3.2m (-24.6%), from €13.0m to €9.8m
- Goods and materials +€2.5m
up €2.5m (+16.2%), from €15.2m to €17.7m
of which Purchases: +€2.5m
- Provisions -€1.2m
down €1.2m, from €702,898 to -€544,414
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.
Result 2024
-€4.7m
Turnover
-€755,262
Other operating income
-€5.1m
Goods and materials
-€2.5m
Services and other goods
+€3.2m
Staff costs
+€4.4m
Depreciation
+€79,827
Write-downs
+€53,709
Provisions
+€1.2m
Other operating charges
+€28,821
Other operating items
+€927,821
Financial income
-€191,792
Financial charges
-€72,443
Taxes
-€332,311
Result 2025
-€3.8m
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.
From operations
-€5.7m
Investment
-€148,279
Financing
+€6.0m
Cash 2024
€1,440
From operations (derived)
-€5.7m
Net result for the year
-€3.8m
Depreciation
+€142,719
Stocks and contracts
+€4.0m
Receivables within one year
-€3.2m
Smaller working-capital items
-€1,736
Provisions
-€544,414
Trade debts
+€1.5m
Tax, wage and social debts
-€1.0m
Advances received
-€2.9m
Accrued charges and deferred income
-€42,163
Investment (derived)
-€148,279
Investment in fixed assets (net)
-€148,279
Financing
+€6.0m
Contributions, distributions and other
+€6.0m
Cash 2025
€118,825
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,850,749 | €28,157,157 | -€693,592 | -2.4% |
| Fixed assets | 21/28 | €265,910 | €271,471 | +€5,561 | +2.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €214,138 | €219,699 | +€5,561 | +2.6% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €214,138 | €219,699 | +€5,561 | +2.6% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €51,772 | €51,772 | -€0 | 0.0% |
| Other financial fixed assets | 284/8 | €51,772 | €51,772 | -€0 | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €51,772 | €51,772 | -€0 | 0.0% |
| Current assets | 29/58 | €28,584,839 | €27,885,686 | -€699,153 | -2.4% |
| Stocks and contracts in progress | 3 | €7,714,511 | €3,681,629 | -€4.0m | -52.3% |
| Stocks | 30/36 | €369,923 | €280,754 | -€89,169 | -24.1% |
| Work in progress | 32 | €335,911 | €261,251 | -€74,660 | -22.2% |
| Finished goods | 33 | €34,012 | €19,503 | -€14,509 | -42.7% |
| Contracts in progress | 37 | €7,344,588 | €3,400,874 | -€3.9m | -53.7% |
| Amounts receivable within one year | 40/41 | €20,867,457 | €24,077,529 | +€3.2m | +15.4% |
| Trade receivables | 40 | €11,785,298 | €11,944,987 | +€159,689 | +1.4% |
| Other amounts receivable | 41 | €9,082,159 | €12,132,541 | +€3.1m | +33.6% |
| Cash at bank and in hand | 54/58 | €1,440 | €118,825 | +€117,385 | +8151.7% |
| Deferred charges and accrued income | 490/1 | €1,431 | €7,704 | +€6,273 | +438.3% |
| Total equity and liabilities | 10/49 | €28,850,749 | €28,157,157 | -€693,592 | -2.4% |
| Equity | 10/15 | €11,336,866 | €13,552,516 | +€2.2m | +19.5% |
| Contributions | 10/11 | €1,378,346 | €7,378,346 | +€6.0m | +435.3% |
| Capital | 10 | €1,378,346 | €7,378,346 | +€6.0m | +435.3% |
| Issued capital | 100 | €1,378,346 | €7,378,346 | +€6.0m | +435.3% |
| Reserves | 13 | €558,638 | €558,638 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €200,461 | €200,461 | -€0 | 0.0% |
| Legal reserve | 130 | €200,461 | €200,461 | -€0 | 0.0% |
| Distributable reserves | 133 | €358,177 | €358,177 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €9,399,882 | €5,615,532 | -€3.8m | -40.3% |
| Provisions and deferred taxes | 16 | €1,431,584 | €887,170 | -€544,414 | -38.0% |
| Provisions for liabilities and charges | 160/5 | €1,431,584 | €887,170 | -€544,414 | -38.0% |
| Other liabilities and charges | 164/5 | €1,431,584 | €887,170 | -€544,414 | -38.0% |
| Amounts payable | 17/49 | €16,082,299 | €13,717,471 | -€2.4m | -14.7% |
| Amounts payable within one year | 42/48 | €15,521,471 | €13,198,806 | -€2.3m | -15.0% |
| Trade debts | 44 | €5,297,390 | €6,841,855 | +€1.5m | +29.2% |
| Suppliers | 440/4 | €5,297,390 | €6,841,855 | +€1.5m | +29.2% |
| Advances received on contracts in progress | 46 | €6,648,724 | €3,788,497 | -€2.9m | -43.0% |
| Taxes, remuneration and social security | 45 | €3,574,633 | €2,563,194 | -€1.0m | -28.3% |
| Taxes | 450/3 | €339,132 | €464,848 | +€125,716 | +37.1% |
| Remuneration and social security | 454/9 | €3,235,501 | €2,098,346 | -€1.1m | -35.1% |
| Other amounts payable | 47/48 | €724 | €5,260 | +€4,536 | +626.5% |
| Accrued charges and deferred income | 492/3 | €560,828 | €518,665 | -€42,163 | -7.5% |
| Operating income | 70/76A | €41,772,578 | €36,815,841 | -€5.0m | -11.9% |
| Turnover | 70 | €31,477,415 | €30,722,153 | -€755,262 | -2.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€4,871,534 | -€3,943,713 | +€927,821 | +19.0% |
| Other operating income | 74 | €15,166,697 | €10,037,401 | -€5.1m | -33.8% |
| Operating charges | 60/66A | €46,763,822 | €40,252,637 | -€6.5m | -13.9% |
| Goods for resale, raw materials and consumables | 60 | €15,189,794 | €17,651,425 | +€2.5m | +16.2% |
| Purchases | 600/8 | €15,074,905 | €17,562,257 | +€2.5m | +16.5% |
| Change in stocks: decrease (increase) | 609 | €114,889 | €89,168 | -€25,721 | -22.4% |
| Services and other goods | 61 | €13,048,802 | €9,844,599 | -€3.2m | -24.6% |
| Remuneration, social security and pensions | 62 | €17,592,214 | €13,233,270 | -€4.4m | -24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €222,546 | €142,719 | -€79,827 | -35.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€70,809 | -€124,518 | -€53,709 | -75.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €702,898 | -€544,414 | -€1.2m | |
| Other operating charges | 640/8 | €78,377 | €49,556 | -€28,821 | -36.8% |
| Operating profit (loss) | 9901 | -€4,991,244 | -€3,436,796 | +€1.6m | +31.1% |
| Financial income | 75/76B | €454,099 | €262,307 | -€191,792 | -42.2% |
| Recurring financial income | 75 | €454,099 | €262,307 | -€191,792 | -42.2% |
| Income from financial fixed assets | 750 | €438,550 | €201,393 | -€237,157 | -54.1% |
| Other financial income | 752/9 | €15,549 | €60,914 | +€45,365 | +291.8% |
| Financial charges | 65/66B | €74,208 | €146,651 | +€72,443 | +97.6% |
| Recurring financial charges | 65 | €71,417 | €146,651 | +€75,234 | +105.3% |
| Debt charges | 650 | - | €245 | +€245 | |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €1,147 | -€690 | -€1,837 | |
| Other financial charges | 652/9 | €70,270 | €147,097 | +€76,827 | +109.3% |
| Non-recurring financial charges | 66B | €2,791 | €0 | -€2,791 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,611,353 | -€3,321,141 | +€1.3m | +28.0% |
| Income taxes | 67/77 | €130,896 | €463,207 | +€332,311 | +253.9% |
| Taxes | 670/3 | €130,896 | €463,207 | +€332,311 | +253.9% |
| Profit (loss) for the period | 9904 | -€4,742,249 | -€3,784,347 | +€957,902 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,742,249 | -€3,784,347 | +€957,902 | +20.2% |
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 30 September 2026 via checked.be.