Demeran: 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.
Demeran
Largest movements
- Cash +€7,500
up €7,500 (+60.5%), from €12,407 to €19,907
mainly Net result for the year (+€8,281) and Tax, wage and social debts (+€3,764)
- Tangible fixed assets +€3,624
up €3,624 (+161.8%), from €2,240 to €5,864
- Deferred charges and accrued income -€2,251
down €2,251 (-55.7%), from €4,040 to €1,789
- Reserves +€8,281
up €8,281 (+89.3%), from €9,270 to €17,551
- Tax, wage and social debts +€3,764
up €3,764 (+78.7%), from €4,785 to €8,548
- Other debts -€2,891
down €2,891 (-76.7%), from €3,769 to €878
- Trade debts -€394
down €394 (-100.0%), from €394 to €0
- Gross operating margin +€1,409
up €1,409 (+10.7%), from €13,197 to €14,606
- Depreciation +€1,400
up €1,400 (+646.0%), from €217 to €1,617
- Taxes +€779
up €779 (+26.1%), from €2,985 to €3,764
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 | €19,218 | €27,977 | +€8,759 | +45.6% |
| Fixed assets | 21/28 | €2,771 | €6,281 | +€3,510 | +126.6% |
| Intangible fixed assets | 21 | €531 | €417 | -€114 | -21.5% |
| Tangible fixed assets | 22/27 | €2,240 | €5,864 | +€3,624 | +161.8% |
| Furniture and vehicles | 24 | €2,240 | €5,864 | +€3,624 | +161.8% |
| Current assets | 29/58 | €16,447 | €21,696 | +€5,249 | +31.9% |
| Cash at bank and in hand | 54/58 | €12,407 | €19,907 | +€7,500 | +60.5% |
| Deferred charges and accrued income | 490/1 | €4,040 | €1,789 | -€2,251 | -55.7% |
| Total equity and liabilities | 10/49 | €19,218 | €27,977 | +€8,759 | +45.6% |
| Equity | 10/15 | €10,270 | €18,551 | +€8,281 | +80.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €9,270 | €17,551 | +€8,281 | +89.3% |
| Distributable reserves | 133 | €9,270 | €17,551 | +€8,281 | +89.3% |
| Amounts payable | 17/49 | €8,948 | €9,426 | +€478 | +5.3% |
| Amounts payable within one year | 42/48 | €8,948 | €9,426 | +€478 | +5.3% |
| Trade debts | 44 | €394 | €0 | -€394 | -100.0% |
| Suppliers | 440/4 | €394 | €0 | -€394 | -100.0% |
| Taxes, remuneration and social security | 45 | €4,785 | €8,548 | +€3,764 | +78.7% |
| Taxes | 450/3 | €4,785 | €8,548 | +€3,764 | +78.7% |
| Other amounts payable | 47/48 | €3,769 | €878 | -€2,891 | -76.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €217 | €1,617 | +€1,400 | +646.0% |
| Other operating charges | 640/8 | €709 | €814 | +€105 | +14.8% |
| Gross operating margin | 9900 | €13,197 | €14,606 | +€1,409 | +10.7% |
| Operating profit (loss) | 9901 | €12,271 | €12,175 | -€96 | -0.8% |
| Financial charges | 65/66B | €16 | €131 | +€114 | +698.2% |
| Recurring financial charges | 65 | €16 | €131 | +€114 | +698.2% |
| Profit (loss) for the period before taxes | 9903 | €12,255 | €12,044 | -€211 | -1.7% |
| Income taxes | 67/77 | €2,985 | €3,764 | +€779 | +26.1% |
| Profit (loss) for the period | 9904 | €9,270 | €8,281 | -€990 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,270 | €8,281 | -€990 | -10.7% |
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 11 October 2026 via checked.be.