Demeijere: 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.
Demeijere
Largest movements
- Receivables within one year -€10,519
down €10,519 (-38.6%), from €27,271 to €16,752
of which Trade receivables: -€10,905
- Cash +€1,814
up €1,814 (+3.3%), from €55,418 to €57,232
mainly Receivables within one year (+€10,519) and Trade debts (+€1,290)
- Profit (loss) carried forward -€9,532
down €9,532 (-15.0%), from -€63,490 to -€73,022
- Trade debts +€1,290
new in 2025: €1,290
- Gross operating margin -€10,268
down €10,268 (-82.0%), from €12,528 to €2,259
- Other operating charges +€730
up €730 (+7.1%), from €10,255 to €10,985
- Depreciation +€427
up €427 (+125%), from €341 to €769
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 | €86,888 | €78,645 | -€8,242 | -9.5% |
| Fixed assets | 21/28 | €3,072 | €3,079 | +€6 | +0.2% |
| Tangible fixed assets | 22/27 | €3,072 | €3,079 | +€6 | +0.2% |
| Plant, machinery and equipment | 23 | €3,072 | €3,079 | +€6 | +0.2% |
| Current assets | 29/58 | €83,815 | €75,567 | -€8,249 | -9.8% |
| Stocks and contracts in progress | 3 | €876 | €1,583 | +€707 | +80.7% |
| Stocks | 30/36 | €876 | €1,583 | +€707 | +80.7% |
| Amounts receivable within one year | 40/41 | €27,271 | €16,752 | -€10,519 | -38.6% |
| Trade receivables | 40 | €26,917 | €16,013 | -€10,905 | -40.5% |
| Other amounts receivable | 41 | €353 | €739 | +€386 | +109% |
| Cash at bank and in hand | 54/58 | €55,418 | €57,232 | +€1,814 | +3.3% |
| Deferred charges and accrued income | 490/1 | €251 | - | -€251 | |
| Total equity and liabilities | 10/49 | €86,888 | €78,645 | -€8,242 | -9.5% |
| Equity | 10/15 | -€43,038 | -€52,571 | -€9,532 | -22.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,490 | -€73,022 | -€9,532 | -15.0% |
| Amounts payable | 17/49 | €129,926 | €131,216 | +€1,290 | +1.0% |
| Amounts payable within one year | 42/48 | €129,926 | €131,216 | +€1,290 | +1.0% |
| Trade debts | 44 | - | €1,290 | +€1,290 | |
| Suppliers | 440/4 | - | €1,290 | +€1,290 | |
| Other amounts payable | 47/48 | €129,926 | €129,926 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €341 | €769 | +€427 | +125% |
| Other operating charges | 640/8 | €10,255 | €10,985 | +€730 | +7.1% |
| Gross operating margin | 9900 | €12,528 | €2,259 | -€10,268 | -82.0% |
| Operating profit (loss) | 9901 | €1,931 | -€9,494 | -€11,426 | |
| Financial income | 75/76B | €0 | €1 | +€0 | +2,400% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +2,400% |
| Financial charges | 65/66B | €38 | €39 | +€0 | +0.5% |
| Recurring financial charges | 65 | €38 | €39 | +€0 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €1,893 | -€9,532 | -€11,425 | |
| Profit (loss) for the period | 9904 | €1,893 | -€9,532 | -€11,425 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,893 | -€9,532 | -€11,425 |
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 21 October 2026 via checked.be.