DEMECO CONSTRUCT: 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.
DEMECO CONSTRUCT
Largest movements
- Receivables within one year +€66,926
up €66,926 (+78.3%), from €85,498 to €152,424
of which Trade receivables: +€58,679
- Cash -€23,395
down €23,395 (-75.3%), from €31,072 to €7,677
mainly Receivables within one year (-€66,926) and Net result for the year (-€25,331)
- Tangible fixed assets -€4,316
down €4,316 (-15.2%), from €28,337 to €24,021
of which Plant, machinery and equipment: -€2,542
- Other debts +€44,555
up €44,555 (+284.8%), from €15,645 to €60,200
- Profit (loss) carried forward -€25,331
down €25,331 (-256.9%), from -€9,861 to -€35,192
- Trade debts +€19,727
up €19,727 (+15.3%), from €128,872 to €148,599
of which Suppliers: +€30,966
- Gross operating margin -€19,620
down €19,620, from €2,781 to -€16,839
- Taxes -€3,164
down €3,164 (-59.9%), from €5,282 to €2,118
- Staff costs +€1,965
up €1,965, from -€829 to €1,136
- Other operating charges -€1,497
down €1,497 (-63.7%), from €2,351 to €854
- Financial income +€869
new in 2025: €869
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 | €144,906 | €184,121 | +€39,215 | +27.1% |
| Fixed assets | 21/28 | €28,337 | €24,021 | -€4,316 | -15.2% |
| Tangible fixed assets | 22/27 | €28,337 | €24,021 | -€4,316 | -15.2% |
| Plant, machinery and equipment | 23 | €19,433 | €16,891 | -€2,542 | -13.1% |
| Furniture and vehicles | 24 | €8,903 | €7,129 | -€1,774 | -19.9% |
| Current assets | 29/58 | €116,569 | €160,100 | +€43,531 | +37.3% |
| Amounts receivable within one year | 40/41 | €85,498 | €152,424 | +€66,926 | +78.3% |
| Trade receivables | 40 | €18,813 | €77,492 | +€58,679 | +311.9% |
| Other amounts receivable | 41 | €66,685 | €74,932 | +€8,247 | +12.4% |
| Cash at bank and in hand | 54/58 | €31,072 | €7,677 | -€23,395 | -75.3% |
| Total equity and liabilities | 10/49 | €144,906 | €184,121 | +€39,215 | +27.1% |
| Equity | 10/15 | €389 | -€24,942 | -€25,331 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,250 | €5,250 | = | 0.0% |
| Distributable reserves | 133 | €5,250 | €5,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,861 | -€35,192 | -€25,331 | -256.9% |
| Amounts payable | 17/49 | €144,517 | €209,063 | +€64,546 | +44.7% |
| Amounts payable within one year | 42/48 | €144,517 | €209,063 | +€64,546 | +44.7% |
| Trade debts | 44 | €128,872 | €148,599 | +€19,727 | +15.3% |
| Suppliers | 440/4 | €117,632 | €148,599 | +€30,966 | +26.3% |
| Bills of exchange payable | 441 | €11,240 | - | -€11,240 | |
| Taxes, remuneration and social security | 45 | - | €264 | +€264 | |
| Taxes | 450/3 | - | €264 | +€264 | |
| Other amounts payable | 47/48 | €15,645 | €60,200 | +€44,555 | +284.8% |
| Remuneration, social security and pensions | 62 | -€829 | €1,136 | +€1,965 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,268 | €4,844 | -€424 | -8.0% |
| Other operating charges | 640/8 | €2,351 | €854 | -€1,497 | -63.7% |
| Gross operating margin | 9900 | €2,781 | -€16,839 | -€19,620 | |
| Operating profit (loss) | 9901 | -€4,009 | -€23,674 | -€19,664 | -490.5% |
| Financial income | 75/76B | - | €869 | +€869 | |
| Recurring financial income | 75 | - | €869 | +€869 | |
| Financial charges | 65/66B | €570 | €408 | -€161 | -28.3% |
| Recurring financial charges | 65 | €570 | €408 | -€161 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,579 | -€23,213 | -€18,634 | -406.9% |
| Income taxes | 67/77 | €5,282 | €2,118 | -€3,164 | -59.9% |
| Profit (loss) for the period | 9904 | -€9,861 | -€25,331 | -€15,470 | -156.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,861 | -€25,331 | -€15,470 | -156.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.