DEMATTEST: 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.
DEMATTEST
Largest movements
- Cash +€12,889
up €12,889 (+206%), from €6,251 to €19,140
mainly Short-term financial debts (+€25,906) and Investment in fixed assets (net) (+€2,519)
- Tangible fixed assets -€3,631
down €3,631 (-53.2%), from €6,830 to €3,198
of which Furniture and vehicles: -€5,722
- Receivables within one year -€2,244
down €2,244 (-81.7%), from €2,748 to €504
of which Other amounts receivable: -€1,287
- Short-term financial debts +€25,906
new in 2025: €25,906
- Profit (loss) carried forward -€12,818
down €12,818 (-141%), from -€9,062 to -€21,879
- Trade debts -€3,654
down €3,654 (-38.4%), from €9,512 to €5,857
- Other debts -€2,180
down €2,180 (-100%), from €2,180 to €0
- Gross operating margin +€3,927
up €3,927 (+26.3%), from -€14,941 to -€11,014
- Other operating charges -€1,241
down €1,241 (-75.5%), from €1,644 to €403
- Depreciation +€200
up €200 (+21.9%), from €912 to €1,113
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 | €15,936 | €22,993 | +€7,058 | +44.3% |
| Fixed assets | 21/28 | €6,830 | €3,198 | -€3,631 | -53.2% |
| Tangible fixed assets | 22/27 | €6,830 | €3,198 | -€3,631 | -53.2% |
| Plant, machinery and equipment | 23 | €1,108 | €3,198 | +€2,090 | +189% |
| Furniture and vehicles | 24 | €5,722 | €0 | -€5,722 | -100% |
| Current assets | 29/58 | €9,106 | €19,795 | +€10,689 | +117% |
| Amounts receivable within one year | 40/41 | €2,748 | €504 | -€2,244 | -81.7% |
| Trade receivables | 40 | €1,461 | €504 | -€958 | -65.5% |
| Other amounts receivable | 41 | €1,287 | €0 | -€1,287 | -100% |
| Cash at bank and in hand | 54/58 | €6,251 | €19,140 | +€12,889 | +206% |
| Deferred charges and accrued income | 490/1 | €107 | €151 | +€44 | +41.1% |
| Total equity and liabilities | 10/49 | €15,936 | €22,993 | +€7,058 | +44.3% |
| Equity | 10/15 | -€6,062 | -€18,879 | -€12,818 | -211% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€9,062 | -€21,879 | -€12,818 | -141% |
| Amounts payable | 17/49 | €21,997 | €41,873 | +€19,875 | +90.4% |
| Amounts payable after more than one year | 17 | €6,776 | €6,776 | = | 0.0% |
| Other amounts payable | 178/9 | €6,776 | €6,776 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,221 | €35,097 | +€19,875 | +131% |
| Financial debts | 43 | - | €25,906 | +€25,906 | |
| Other loans | 439 | - | €25,906 | +€25,906 | |
| Trade debts | 44 | €9,512 | €5,857 | -€3,654 | -38.4% |
| Suppliers | 440/4 | €9,512 | €5,857 | -€3,654 | -38.4% |
| Taxes, remuneration and social security | 45 | €3,530 | €3,333 | -€197 | -5.6% |
| Taxes | 450/3 | €3,530 | €3,333 | -€197 | -5.6% |
| Other amounts payable | 47/48 | €2,180 | €0 | -€2,180 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €9,981 | +€9,981 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €912 | €1,113 | +€200 | +21.9% |
| Other operating charges | 640/8 | €1,644 | €403 | -€1,241 | -75.5% |
| Gross operating margin | 9900 | -€14,941 | -€11,014 | +€3,927 | +26.3% |
| Operating profit (loss) | 9901 | -€17,497 | -€12,529 | +€4,968 | +28.4% |
| Financial income | 75/76B | €0 | €1 | +€1 | +5,900% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +5,900% |
| Financial charges | 65/66B | €107 | €131 | +€24 | +22.6% |
| Recurring financial charges | 65 | €107 | €131 | +€24 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,604 | -€12,659 | +€4,945 | +28.1% |
| Income taxes | 67/77 | €289 | €159 | -€130 | -45.1% |
| Profit (loss) for the period | 9904 | -€17,892 | -€12,818 | +€5,075 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,892 | -€12,818 | +€5,075 | +28.4% |
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.