DEMEC: 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.
DEMEC
Largest movements
- Receivables within one year -€15,239
down €15,239 (-53.0%), from €28,760 to €13,520
of which Trade receivables: -€16,464
- Tangible fixed assets -€7,493
down €7,493 (-47.4%), from €15,793 to €8,300
of which Furniture and vehicles: -€7,421
- Cash +€6,970
up €6,970, from €0 to €6,970
mainly Receivables within one year (+€15,239) and Depreciation (+€7,493)
- Stocks and contracts +€4,750
up €4,750 (+317%), from €1,500 to €6,250
of which Contracts in progress: +€4,750
- Current portion of long-term debt -€5,995
down €5,995 (-83.2%), from €7,202 to €1,206
- Profit (loss) carried forward -€4,283
down €4,283 (-46.2%), from -€9,276 to -€13,559
- Tax, wage and social debts +€1,289
up €1,289 (+47.5%), from €2,712 to €4,000
of which Remuneration and social security: +€4,000
- Debts after one year -€1,206
down €1,206 (-100%), from €1,206 to €0
- Trade debts -€992
down €992 (-20.0%), from €4,957 to €3,965
- Gross operating margin -€14,434
down €14,434 (-81.1%), from €17,800 to €3,366
- Financial charges -€416
down €416 (-72.3%), from €575 to €159
- Other operating charges -€179
no longer reported in 2025 (was €179)
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 | €70,608 | €59,595 | -€11,013 | -15.6% |
| Fixed assets | 21/28 | €15,793 | €8,300 | -€7,493 | -47.4% |
| Tangible fixed assets | 22/27 | €15,793 | €8,300 | -€7,493 | -47.4% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €164 | €91 | -€73 | -44.4% |
| Furniture and vehicles | 24 | €15,630 | €8,209 | -€7,421 | -47.5% |
| Current assets | 29/58 | €54,815 | €51,295 | -€3,520 | -6.4% |
| Stocks and contracts in progress | 3 | €1,500 | €6,250 | +€4,750 | +317% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Contracts in progress | 37 | €0 | €4,750 | +€4,750 | |
| Amounts receivable within one year | 40/41 | €28,760 | €13,520 | -€15,239 | -53.0% |
| Trade receivables | 40 | €28,760 | €12,296 | -€16,464 | -57.2% |
| Other amounts receivable | 41 | €0 | €1,224 | +€1,224 | |
| Cash at bank and in hand | 54/58 | €0 | €6,970 | +€6,970 | |
| Deferred charges and accrued income | 490/1 | €24,555 | €24,555 | = | 0.0% |
| Total equity and liabilities | 10/49 | €70,608 | €59,595 | -€11,013 | -15.6% |
| Equity | 10/15 | €53,543 | €49,260 | -€4,283 | -8.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €56,619 | €56,619 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €54,760 | €54,760 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,276 | -€13,559 | -€4,283 | -46.2% |
| Amounts payable | 17/49 | €17,066 | €10,335 | -€6,731 | -39.4% |
| Amounts payable after more than one year | 17 | €1,206 | €0 | -€1,206 | -100% |
| Financial debts | 170/4 | €1,206 | €0 | -€1,206 | -100% |
| Amounts payable within one year | 42/48 | €15,859 | €10,335 | -€5,524 | -34.8% |
| Current portion of amounts payable after more than one year | 42 | €7,202 | €1,206 | -€5,995 | -83.2% |
| Financial debts | 43 | €23 | €0 | -€23 | -100% |
| Credit institutions | 430/8 | €23 | €0 | -€23 | -100% |
| Trade debts | 44 | €4,957 | €3,965 | -€992 | -20.0% |
| Suppliers | 440/4 | €4,957 | €3,965 | -€992 | -20.0% |
| Taxes, remuneration and social security | 45 | €2,712 | €4,000 | +€1,289 | +47.5% |
| Taxes | 450/3 | €2,712 | €0 | -€2,712 | -100% |
| Remuneration and social security | 454/9 | €0 | €4,000 | +€4,000 | |
| Other amounts payable | 47/48 | €967 | €1,164 | +€197 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,493 | €7,493 | = | 0.0% |
| Other operating charges | 640/8 | €179 | - | -€179 | |
| Gross operating margin | 9900 | €17,800 | €3,366 | -€14,434 | -81.1% |
| Operating profit (loss) | 9901 | €10,127 | -€4,127 | -€14,254 | |
| Financial income | 75/76B | €61 | €4 | -€57 | -93.8% |
| Recurring financial income | 75 | €61 | €4 | -€57 | -93.8% |
| Financial charges | 65/66B | €575 | €159 | -€416 | -72.3% |
| Recurring financial charges | 65 | €575 | €159 | -€416 | -72.3% |
| Profit (loss) for the period before taxes | 9903 | €9,613 | -€4,283 | -€13,896 | |
| Profit (loss) for the period | 9904 | €9,613 | -€4,283 | -€13,896 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,613 | -€4,283 | -€13,896 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.