DEMEDTS MARINE: what changed
What changed
DEMEDTS MARINE
NACE 46.180, Agents specialised in the wholesale of other particular products
filed annual accounts (NBB)
Net result for the year
€17,483
2024 · €23,730-€6,248
Equity
€161,727
2024 · €144,245+€17,483
Cash
€42,300
2024 · €98,170-€55,870
Balance sheet total
€587,159
2024 · €543,475+€43,684
Largest movements
Assets
- Stocks and contracts +€101,534
up €101,534 (+27.6%), from €368,214 to €469,748
of which Stocks: +€101,534
- Cash -€55,870
down €55,870 (-56.9%), from €98,170 to €42,300
mainly Stocks and contracts (-€101,534) and Other debts (-€96,855)
Equity and liabilities
- Debts after one year +€107,457
up €107,457 (+2,980%), from €3,606 to €111,063
- Other debts -€96,855
down €96,855 (-77.9%), from €124,396 to €27,542
- Trade debts +€19,710
up €19,710 (+12.4%), from €159,418 to €179,127
- Profit (loss) carried forward +€17,483
up €17,483 (+48.4%), from €36,125 to €53,608
Income statement
- Gross operating margin -€7,889
down €7,889 (-9.3%), from €84,466 to €76,577
- Taxes -€1,997
down €1,997 (-21.6%), from €9,232 to €7,235
- Financial income -€1,051
down €1,051 (-45.5%), from €2,313 to €1,262
- Financial charges -€949
down €949 (-25.6%), from €3,709 to €2,760
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€23,730
Gross operating margin
-€7,889
Staff costs
+€332
Depreciation
-€629
Other operating charges
+€45
Financial income
-€1,051
Financial charges
+€949
Taxes
+€1,997
Result 2025
€17,483
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€152,168
Investment
-€10,405
Financing
+€106,702
Cash 2024
€98,170
From operations (derived)
-€152,168
Net result for the year
+€17,483
Depreciation
+€10,187
Stocks and contracts
-€101,534
Receivables within one year
+€2,007
Smaller working-capital items
+€221
Trade debts
+€19,710
Tax, wage and social debts
+€1,364
Advances received
-€4,751
Other debts
-€96,855
Investment (derived)
-€10,405
Investment in fixed assets (net)
-€10,405
Financing
+€106,702
Debts after one year
+€107,457
Current portion of long-term debt
-€1,643
Short-term financial debts
+€889
Cash 2025
€42,300
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €543,475 | €587,159 | +€43,684 | +8.0% |
| Fixed assets | 21/28 | €21,984 | €22,201 | +€218 | +1.0% |
| Intangible fixed assets | 21 | €1,014 | €0 | -€1,014 | -100% |
| Tangible fixed assets | 22/27 | €20,945 | €22,177 | +€1,231 | +5.9% |
| Land and buildings | 22 | €231 | €1,698 | +€1,467 | +635% |
| Plant, machinery and equipment | 23 | €12,813 | €8,898 | -€3,915 | -30.6% |
| Furniture and vehicles | 24 | €7,901 | €11,580 | +€3,679 | +46.6% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €521,491 | €564,958 | +€43,467 | +8.3% |
| Stocks and contracts in progress | 3 | €368,214 | €469,748 | +€101,534 | +27.6% |
| Stocks | 30/36 | €368,214 | €469,748 | +€101,534 | +27.6% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €52,394 | €50,387 | -€2,007 | -3.8% |
| Trade receivables | 40 | €52,394 | €50,387 | -€2,007 | -3.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €98,170 | €42,300 | -€55,870 | -56.9% |
| Deferred charges and accrued income | 490/1 | €2,713 | €2,523 | -€190 | -7.0% |
| Total equity and liabilities | 10/49 | €543,475 | €587,159 | +€43,684 | +8.0% |
| Equity | 10/15 | €144,245 | €161,727 | +€17,483 | +12.1% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €77,119 | €77,119 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,709 | €24,709 | = | 0.0% |
| Distributable reserves | 133 | €52,410 | €52,410 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,125 | €53,608 | +€17,483 | +48.4% |
| Amounts payable | 17/49 | €399,230 | €425,432 | +€26,201 | +6.6% |
| Amounts payable after more than one year | 17 | €3,606 | €111,063 | +€107,457 | +2,980% |
| Financial debts | 170/4 | €3,606 | €111,063 | +€107,457 | +2,980% |
| Amounts payable within one year | 42/48 | €395,267 | €313,979 | -€81,287 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €7,853 | €6,210 | -€1,643 | -20.9% |
| Financial debts | 43 | €25,060 | €25,948 | +€889 | +3.5% |
| Credit institutions | 430/8 | €25,060 | €25,948 | +€889 | +3.5% |
| Trade debts | 44 | €159,418 | €179,127 | +€19,710 | +12.4% |
| Suppliers | 440/4 | €159,418 | €179,127 | +€19,710 | +12.4% |
| Advances received on contracts in progress | 46 | €22,000 | €17,249 | -€4,751 | -21.6% |
| Taxes, remuneration and social security | 45 | €56,540 | €57,904 | +€1,364 | +2.4% |
| Taxes | 450/3 | €47,679 | €44,459 | -€3,220 | -6.8% |
| Remuneration and social security | 454/9 | €8,861 | €13,445 | +€4,584 | +51.7% |
| Other amounts payable | 47/48 | €124,396 | €27,542 | -€96,855 | -77.9% |
| Accrued charges and deferred income | 492/3 | €357 | €389 | +€32 | +8.9% |
| Remuneration, social security and pensions | 62 | €38,394 | €38,063 | -€332 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,558 | €10,187 | +€629 | +6.6% |
| Other operating charges | 640/8 | €2,156 | €2,111 | -€45 | -2.1% |
| Gross operating margin | 9900 | €84,466 | €76,577 | -€7,889 | -9.3% |
| Operating profit (loss) | 9901 | €34,359 | €26,216 | -€8,142 | -23.7% |
| Financial income | 75/76B | €2,313 | €1,262 | -€1,051 | -45.5% |
| Recurring financial income | 75 | €2,313 | €1,262 | -€1,051 | -45.5% |
| Financial charges | 65/66B | €3,709 | €2,760 | -€949 | -25.6% |
| Recurring financial charges | 65 | €3,709 | €2,760 | -€949 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €32,963 | €24,718 | -€8,244 | -25.0% |
| Income taxes | 67/77 | €9,232 | €7,235 | -€1,997 | -21.6% |
| Profit (loss) for the period | 9904 | €23,730 | €17,483 | -€6,248 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,730 | €17,483 | -€6,248 | -26.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.