DEMBOFISK: 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.
DEMBOFISK
Largest movements
- Current investments +€35,214
up €35,214 (+32.0%), from €110,122 to €145,336
- Tangible fixed assets -€13,822
down €13,822 (-7.3%), from €189,827 to €176,005
of which Land and buildings: -€9,168
- Receivables within one year -€7,239
down €7,239 (-4.0%), from €181,410 to €174,171
- Reserves +€42,241
up €42,241 (+11.9%), from €355,424 to €397,665
- Trade debts -€19,907
down €19,907 (-45.6%), from €43,643 to €23,736
- Debts after one year -€11,250
down €11,250 (-54.5%), from €20,625 to €9,375
- Tax, wage and social debts +€8,473
up €8,473 (+44.3%), from €19,133 to €27,606
- Gross operating margin +€19,226
up €19,226 (+6.1%), from €315,334 to €334,560
- Depreciation +€5,437
up €5,437 (+14.4%), from €37,794 to €43,231
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 | €493,131 | €506,042 | +€12,911 | +2.6% |
| Fixed assets | 21/28 | €189,827 | €176,005 | -€13,822 | -7.3% |
| Tangible fixed assets | 22/27 | €189,827 | €176,005 | -€13,822 | -7.3% |
| Land and buildings | 22 | €136,086 | €126,918 | -€9,168 | -6.7% |
| Plant, machinery and equipment | 23 | €407 | €203 | -€204 | -50.1% |
| Furniture and vehicles | 24 | €53,334 | €48,884 | -€4,450 | -8.3% |
| Current assets | 29/58 | €303,304 | €330,037 | +€26,733 | +8.8% |
| Amounts receivable within one year | 40/41 | €181,410 | €174,171 | -€7,239 | -4.0% |
| Trade receivables | 40 | €181,410 | €174,171 | -€7,239 | -4.0% |
| Current investments | 50/53 | €110,122 | €145,336 | +€35,214 | +32.0% |
| Cash at bank and in hand | 54/58 | €4,882 | €3,265 | -€1,617 | -33.1% |
| Deferred charges and accrued income | 490/1 | €6,890 | €7,265 | +€375 | +5.4% |
| Total equity and liabilities | 10/49 | €493,131 | €506,042 | +€12,911 | +2.6% |
| Equity | 10/15 | €385,424 | €427,665 | +€42,241 | +11.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €355,424 | €397,665 | +€42,241 | +11.9% |
| Distributable reserves | 133 | €355,424 | €397,665 | +€42,241 | +11.9% |
| Amounts payable | 17/49 | €107,707 | €78,377 | -€29,330 | -27.2% |
| Amounts payable after more than one year | 17 | €20,625 | €9,375 | -€11,250 | -54.5% |
| Financial debts | 170/4 | €20,625 | €9,375 | -€11,250 | -54.5% |
| Amounts payable within one year | 42/48 | €87,082 | €69,002 | -€18,080 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €15,069 | €11,250 | -€3,819 | -25.3% |
| Trade debts | 44 | €43,643 | €23,736 | -€19,907 | -45.6% |
| Suppliers | 440/4 | €43,643 | €23,736 | -€19,907 | -45.6% |
| Taxes, remuneration and social security | 45 | €19,133 | €27,606 | +€8,473 | +44.3% |
| Taxes | 450/3 | €19,133 | €27,606 | +€8,473 | +44.3% |
| Other amounts payable | 47/48 | €9,237 | €6,410 | -€2,827 | -30.6% |
| Remuneration, social security and pensions | 62 | €219,627 | €220,932 | +€1,305 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,794 | €43,231 | +€5,437 | +14.4% |
| Other operating charges | 640/8 | €2,051 | €1,771 | -€280 | -13.7% |
| Non-recurring operating charges | 66A | €4,462 | €6,186 | +€1,724 | +38.6% |
| Gross operating margin | 9900 | €315,334 | €334,560 | +€19,226 | +6.1% |
| Operating profit (loss) | 9901 | €51,400 | €62,440 | +€11,040 | +21.5% |
| Financial income | 75/76B | €636 | €663 | +€27 | +4.2% |
| Recurring financial income | 75 | €636 | €663 | +€27 | +4.2% |
| Financial charges | 65/66B | €2,037 | €1,439 | -€598 | -29.4% |
| Recurring financial charges | 65 | €2,037 | €1,439 | -€598 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €49,999 | €61,664 | +€11,665 | +23.3% |
| Income taxes | 67/77 | €15,913 | €17,757 | +€1,844 | +11.6% |
| Profit (loss) for the period | 9904 | €34,086 | €43,907 | +€9,821 | +28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,086 | €43,907 | +€9,821 | +28.8% |
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 11 October 2026 via checked.be.