DEMBELL: 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.
DEMBELL
Largest movements
- Receivables within one year +€9,611
up €9,611 (+31.1%), from €30,887 to €40,498
of which Trade receivables: +€12,223
- Cash +€4,401
up €4,401 (+36193.9%), from €12 to €4,413
mainly Net result for the year (+€14,547) and Other debts (+€9,417)
- Receivables after one year -€3,000
no longer reported in 2025 (was €3,000)
- Profit (loss) carried forward +€14,547
up €14,547 (+69.8%), from -€20,828 to -€6,282
- Reserves -€10,000
down €10,000 (-17.3%), from €57,661 to €47,661
of which Distributable reserves: -€10,000
- Other debts +€9,417
up €9,417 (+11340.3%), from €83 to €9,500
- Trade debts -€1,483
down €1,483 (-49.0%), from €3,027 to €1,545
- Short-term financial debts -€1,421
no longer reported in 2025 (was €1,421)
- Gross operating margin +€13,147
up €13,147 (+142.4%), from €9,229 to €22,377
- Depreciation +€861
up €861 (+16.9%), from €5,108 to €5,969
- Taxes -€359
down €359 (-93.5%), from €384 to €25
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 | €51,193 | €62,415 | +€11,222 | +21.9% |
| Fixed assets | 21/28 | €15,193 | €15,640 | +€447 | +2.9% |
| Tangible fixed assets | 22/27 | €12,943 | €13,390 | +€447 | +3.5% |
| Furniture and vehicles | 24 | €12,943 | €8,671 | -€4,273 | -33.0% |
| Other tangible fixed assets | 26 | €0 | €4,719 | +€4,719 | +47191600.0% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €36,000 | €46,775 | +€10,775 | +29.9% |
| Amounts receivable after more than one year | 29 | €3,000 | - | -€3,000 | |
| Other amounts receivable | 291 | €3,000 | - | -€3,000 | |
| Amounts receivable within one year | 40/41 | €30,887 | €40,498 | +€9,611 | +31.1% |
| Trade receivables | 40 | €21,834 | €34,057 | +€12,223 | +56.0% |
| Other amounts receivable | 41 | €9,052 | €6,441 | -€2,612 | -28.9% |
| Cash at bank and in hand | 54/58 | €12 | €4,413 | +€4,401 | +36193.9% |
| Deferred charges and accrued income | 490/1 | €2,101 | €1,864 | -€237 | -11.3% |
| Total equity and liabilities | 10/49 | €51,193 | €62,415 | +€11,222 | +21.9% |
| Equity | 10/15 | €43,033 | €47,580 | +€4,547 | +10.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €57,661 | €47,661 | -€10,000 | -17.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €55,801 | €45,801 | -€10,000 | -17.9% |
| Profit (loss) carried forward | 14 | -€20,828 | -€6,282 | +€14,547 | +69.8% |
| Amounts payable | 17/49 | €8,160 | €14,835 | +€6,675 | +81.8% |
| Amounts payable within one year | 42/48 | €7,900 | €14,545 | +€6,645 | +84.1% |
| Financial debts | 43 | €1,421 | - | -€1,421 | |
| Credit institutions | 430/8 | €1,421 | - | -€1,421 | |
| Trade debts | 44 | €3,027 | €1,545 | -€1,483 | -49.0% |
| Suppliers | 440/4 | €3,027 | €1,545 | -€1,483 | -49.0% |
| Taxes, remuneration and social security | 45 | €3,368 | €3,500 | +€132 | +3.9% |
| Taxes | 450/3 | €3,368 | €3,500 | +€132 | +3.9% |
| Other amounts payable | 47/48 | €83 | €9,500 | +€9,417 | +11340.3% |
| Accrued charges and deferred income | 492/3 | €261 | €291 | +€30 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,108 | €5,969 | +€861 | +16.9% |
| Other operating charges | 640/8 | €1,102 | €1,214 | +€112 | +10.2% |
| Gross operating margin | 9900 | €9,229 | €22,377 | +€13,147 | +142.4% |
| Operating profit (loss) | 9901 | €3,020 | €15,194 | +€12,174 | +403.1% |
| Financial charges | 65/66B | €818 | €622 | -€196 | -24.0% |
| Recurring financial charges | 65 | €818 | €622 | -€196 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €2,202 | €14,572 | +€12,370 | +561.8% |
| Income taxes | 67/77 | €384 | €25 | -€359 | -93.5% |
| Profit (loss) for the period | 9904 | €1,818 | €14,547 | +€12,729 | +700.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,818 | €14,547 | +€12,729 | +700.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.