DEMBO: 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.
DEMBO
Largest movements
- Cash -€58,023
down €58,023 (-66.9%), from €86,688 to €28,665
mainly Investment in fixed assets (net) (-€150,858) and Receivables within one year (-€34,528)
- Receivables within one year +€34,528
up €34,528 (+55.3%), from €62,465 to €96,994
of which Trade receivables: +€36,736
- Tangible fixed assets +€26,087
up €26,087 (+5.5%), from €471,839 to €497,926
of which Plant, machinery and equipment: +€39,527
- Trade debts +€37,737
up €37,737 (+449.2%), from €8,401 to €46,138
- Tax, wage and social debts -€20,343
down €20,343 (-51.9%), from €39,212 to €18,868
of which Remuneration and social security: -€12,947
- Profit (loss) carried forward -€12,310
down €12,310 (-2.1%), from -€579,786 to -€592,096
- Staff costs -€20,008
down €20,008 (-12.8%), from €156,247 to €136,240
- Financial charges -€3,719
down €3,719 (-27.1%), from €13,719 to €9,999
- Other operating charges -€3,704
down €3,704 (-26.6%), from €13,951 to €10,247
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 | €622,487 | €624,206 | +€1,720 | +0.3% |
| Fixed assets | 21/28 | €471,839 | €497,926 | +€26,087 | +5.5% |
| Tangible fixed assets | 22/27 | €471,839 | €497,926 | +€26,087 | +5.5% |
| Land and buildings | 22 | €340,597 | €338,914 | -€1,682 | -0.5% |
| Plant, machinery and equipment | 23 | €69,605 | €109,132 | +€39,527 | +56.8% |
| Furniture and vehicles | 24 | €37,787 | €26,029 | -€11,758 | -31.1% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €23,850 | €23,850 | = | 0.0% |
| Current assets | 29/58 | €150,648 | €126,281 | -€24,367 | -16.2% |
| Amounts receivable within one year | 40/41 | €62,465 | €96,994 | +€34,528 | +55.3% |
| Trade receivables | 40 | €60,222 | €96,958 | +€36,736 | +61.0% |
| Other amounts receivable | 41 | €2,243 | €36 | -€2,208 | -98.4% |
| Cash at bank and in hand | 54/58 | €86,688 | €28,665 | -€58,023 | -66.9% |
| Deferred charges and accrued income | 490/1 | €1,494 | €622 | -€872 | -58.4% |
| Total equity and liabilities | 10/49 | €622,487 | €624,206 | +€1,720 | +0.3% |
| Equity | 10/15 | €249,563 | €237,254 | -€12,310 | -4.9% |
| Contributions | 10/11 | €825,385 | €825,385 | = | 0.0% |
| Capital | 10 | €570,551 | €570,551 | = | 0.0% |
| Issued capital | 100 | €570,551 | €570,551 | = | 0.0% |
| Contributions outside capital | 11 | €254,835 | €254,835 | = | 0.0% |
| Share premium | 1100/10 | €254,835 | €254,835 | = | 0.0% |
| Reserves | 13 | €3,964 | €3,964 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,964 | €3,964 | = | 0.0% |
| Other | 1319 | €3,964 | €3,964 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€579,786 | -€592,096 | -€12,310 | -2.1% |
| Amounts payable | 17/49 | €372,923 | €386,953 | +€14,030 | +3.8% |
| Amounts payable after more than one year | 17 | €312,000 | €312,000 | = | 0.0% |
| Financial debts | 170/4 | €312,000 | €312,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €47,612 | €65,006 | +€17,394 | +36.5% |
| Trade debts | 44 | €8,401 | €46,138 | +€37,737 | +449.2% |
| Suppliers | 440/4 | €8,401 | €46,138 | +€37,737 | +449.2% |
| Taxes, remuneration and social security | 45 | €39,212 | €18,868 | -€20,343 | -51.9% |
| Taxes | 450/3 | €13,750 | €6,354 | -€7,396 | -53.8% |
| Remuneration and social security | 454/9 | €25,461 | €12,514 | -€12,947 | -50.8% |
| Accrued charges and deferred income | 492/3 | €13,311 | €9,946 | -€3,364 | -25.3% |
| Non-recurring operating income | 76A | €11,743 | €24,804 | +€13,062 | +111.2% |
| Remuneration, social security and pensions | 62 | €156,247 | €136,240 | -€20,008 | -12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122,502 | €124,772 | +€2,269 | +1.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €13,951 | €10,247 | -€3,704 | -26.6% |
| Non-recurring operating charges | 66A | €6,997 | €0 | -€6,997 | -100.0% |
| Gross operating margin | 9900 | €270,769 | €268,946 | -€1,823 | -0.7% |
| Operating profit (loss) | 9901 | -€28,929 | -€2,312 | +€26,617 | +92.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €13,719 | €9,999 | -€3,719 | -27.1% |
| Recurring financial charges | 65 | €13,719 | €9,999 | -€3,719 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | -€42,647 | -€12,310 | +€30,337 | +71.1% |
| Profit (loss) for the period | 9904 | -€42,647 | -€12,310 | +€30,337 | +71.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,647 | -€12,310 | +€30,337 | +71.1% |
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 10 October 2026 via checked.be.