DEMELTIS: 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.
DEMELTIS
Largest movements
- Tangible fixed assets +€24,164
up €24,164 (+611%), from €3,953 to €28,117
of which Furniture and vehicles: +€24,574
- Receivables within one year -€15,636
down €15,636 (-69.1%), from €22,615 to €6,978
of which Trade receivables: -€10,495
- Cash +€7,651
up €7,651 (+110%), from €6,966 to €14,617
mainly Debts after one year (+€18,663) and Receivables within one year (+€15,636)
- Debts after one year +€18,663
new in 2025: €18,663
- Profit (loss) carried forward -€9,573
down €9,573 (-34.2%), from €28,023 to €18,450
- Current portion of long-term debt +€4,176
new in 2025: €4,176
- Trade debts +€3,849
up €3,849 (+689%), from €559 to €4,408
- Tax, wage and social debts -€937
down €937 (-18.9%), from €4,952 to €4,015
of which Taxes: -€2,021
- Gross operating margin -€20,309
down €20,309, from €14,273 to -€6,036
- Taxes -€2,633
down €2,633 (-99.0%), from €2,658 to €25
- Depreciation +€1,491
up €1,491 (+179%), from €835 to €2,326
- Financial charges -€603
down €603 (-60.5%), from €997 to €394
- Other operating charges +€256
up €256 (+47.7%), from €536 to €792
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 | €33,534 | €49,712 | +€16,178 | +48.2% |
| Fixed assets | 21/28 | €3,953 | €28,117 | +€24,164 | +611% |
| Tangible fixed assets | 22/27 | €3,953 | €28,117 | +€24,164 | +611% |
| Plant, machinery and equipment | 23 | €642 | €233 | -€410 | -63.8% |
| Furniture and vehicles | 24 | €3,311 | €27,884 | +€24,574 | +742% |
| Current assets | 29/58 | €29,581 | €21,595 | -€7,986 | -27.0% |
| Amounts receivable within one year | 40/41 | €22,615 | €6,978 | -€15,636 | -69.1% |
| Trade receivables | 40 | €11,302 | €807 | -€10,495 | -92.9% |
| Other amounts receivable | 41 | €11,313 | €6,171 | -€5,141 | -45.4% |
| Cash at bank and in hand | 54/58 | €6,966 | €14,617 | +€7,651 | +110% |
| Total equity and liabilities | 10/49 | €33,534 | €49,712 | +€16,178 | +48.2% |
| Equity | 10/15 | €28,023 | €18,450 | -€9,573 | -34.2% |
| Profit (loss) carried forward | 14 | €28,023 | €18,450 | -€9,573 | -34.2% |
| Amounts payable | 17/49 | €5,510 | €31,262 | +€25,751 | +467% |
| Amounts payable after more than one year | 17 | - | €18,663 | +€18,663 | |
| Financial debts | 170/4 | - | €18,663 | +€18,663 | |
| Amounts payable within one year | 42/48 | €5,510 | €12,598 | +€7,088 | +129% |
| Current portion of amounts payable after more than one year | 42 | - | €4,176 | +€4,176 | |
| Trade debts | 44 | €559 | €4,408 | +€3,849 | +689% |
| Suppliers | 440/4 | €559 | €4,408 | +€3,849 | +689% |
| Taxes, remuneration and social security | 45 | €4,952 | €4,015 | -€937 | -18.9% |
| Taxes | 450/3 | €2,658 | €637 | -€2,021 | -76.1% |
| Remuneration and social security | 454/9 | €2,294 | €3,378 | +€1,084 | +47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €835 | €2,326 | +€1,491 | +179% |
| Other operating charges | 640/8 | €536 | €792 | +€256 | +47.7% |
| Gross operating margin | 9900 | €14,273 | -€6,036 | -€20,309 | |
| Operating profit (loss) | 9901 | €12,902 | -€9,153 | -€22,056 | |
| Financial income | 75/76B | €2 | €0 | -€2 | -98.9% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -98.9% |
| Financial charges | 65/66B | €997 | €394 | -€603 | -60.5% |
| Recurring financial charges | 65 | €997 | €394 | -€603 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | €11,907 | -€9,548 | -€21,455 | |
| Income taxes | 67/77 | €2,658 | €25 | -€2,633 | -99.0% |
| Profit (loss) for the period | 9904 | €9,249 | -€9,573 | -€18,822 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,249 | -€9,573 | -€18,822 |
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 13 October 2026 via checked.be.