DEMAXIT: 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.
DEMAXIT
Largest movements
- Tangible fixed assets -€16,357
down €16,357 (-35.3%), from €46,373 to €30,016
of which Furniture and vehicles: -€15,880
- Cash +€11,766
up €11,766 (+45.4%), from €25,903 to €37,669
mainly Depreciation (+€17,214) and Net result for the year (+€13,793)
- Receivables within one year -€4,370
down €4,370 (-26.6%), from €16,455 to €12,086
of which Trade receivables: -€2,904
- Deferred charges and accrued income +€2,835
new in 2025: €2,835
- Other debts +€10,429
up €10,429 (+76.2%), from €13,682 to €24,111
- Debts after one year -€8,536
down €8,536 (-26.5%), from €32,248 to €23,712
- Profit (loss) carried forward -€6,357
down €6,357 (-39.7%), from €16,016 to €9,659
- Tax, wage and social debts -€4,675
down €4,675 (-32.8%), from €14,266 to €9,592
of which Taxes: -€5,185
- Trade debts +€2,675
up €2,675 (+567%), from €472 to €3,147
- Depreciation +€8,564
up €8,564 (+99.0%), from €8,650 to €17,214
- Gross operating margin +€7,481
up €7,481 (+24.7%), from €30,302 to €37,783
- Financial charges +€577
up €577 (+56.2%), from €1,028 to €1,605
- Other operating charges -€403
down €403 (-50.7%), from €795 to €392
- Taxes -€384
down €384 (-7.4%), from €5,173 to €4,789
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 | €88,881 | €82,756 | -€6,125 | -6.9% |
| Fixed assets | 21/28 | €46,523 | €30,166 | -€16,357 | -35.2% |
| Tangible fixed assets | 22/27 | €46,373 | €30,016 | -€16,357 | -35.3% |
| Plant, machinery and equipment | 23 | €4,375 | €3,897 | -€478 | -10.9% |
| Furniture and vehicles | 24 | €41,998 | €26,119 | -€15,880 | -37.8% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €42,358 | €52,590 | +€10,232 | +24.2% |
| Amounts receivable within one year | 40/41 | €16,455 | €12,086 | -€4,370 | -26.6% |
| Trade receivables | 40 | €13,522 | €10,618 | -€2,904 | -21.5% |
| Other amounts receivable | 41 | €2,934 | €1,468 | -€1,466 | -50.0% |
| Cash at bank and in hand | 54/58 | €25,903 | €37,669 | +€11,766 | +45.4% |
| Deferred charges and accrued income | 490/1 | - | €2,835 | +€2,835 | |
| Total equity and liabilities | 10/49 | €88,881 | €82,756 | -€6,125 | -6.9% |
| Equity | 10/15 | €20,016 | €13,659 | -€6,357 | -31.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,016 | €9,659 | -€6,357 | -39.7% |
| Amounts payable | 17/49 | €68,865 | €69,097 | +€232 | +0.3% |
| Amounts payable after more than one year | 17 | €32,248 | €23,712 | -€8,536 | -26.5% |
| Financial debts | 170/4 | €32,248 | €23,712 | -€8,536 | -26.5% |
| Amounts payable within one year | 42/48 | €36,618 | €45,385 | +€8,768 | +23.9% |
| Current portion of amounts payable after more than one year | 42 | €8,198 | €8,536 | +€338 | +4.1% |
| Trade debts | 44 | €472 | €3,147 | +€2,675 | +567% |
| Suppliers | 440/4 | €472 | €3,147 | +€2,675 | +567% |
| Taxes, remuneration and social security | 45 | €14,266 | €9,592 | -€4,675 | -32.8% |
| Taxes | 450/3 | €10,579 | €5,394 | -€5,185 | -49.0% |
| Remuneration and social security | 454/9 | €3,687 | €4,198 | +€511 | +13.8% |
| Other amounts payable | 47/48 | €13,682 | €24,111 | +€10,429 | +76.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,650 | €17,214 | +€8,564 | +99.0% |
| Other operating charges | 640/8 | €795 | €392 | -€403 | -50.7% |
| Gross operating margin | 9900 | €30,302 | €37,783 | +€7,481 | +24.7% |
| Operating profit (loss) | 9901 | €20,858 | €20,178 | -€680 | -3.3% |
| Financial income | 75/76B | €1 | €9 | +€8 | +939% |
| Recurring financial income | 75 | €1 | €9 | +€8 | +939% |
| Financial charges | 65/66B | €1,028 | €1,605 | +€577 | +56.2% |
| Recurring financial charges | 65 | €1,028 | €1,605 | +€577 | +56.2% |
| Profit (loss) for the period before taxes | 9903 | €19,831 | €18,582 | -€1,249 | -6.3% |
| Income taxes | 67/77 | €5,173 | €4,789 | -€384 | -7.4% |
| Profit (loss) for the period | 9904 | €14,658 | €13,793 | -€865 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,658 | €13,793 | -€865 | -5.9% |
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 15 October 2026 via checked.be.