Demervallei: 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.
Demervallei
Largest movements
- Cash +€291,751
up €291,751 (+12,362,335%), from €2 to €291,753
mainly Net result for the year (+€255,394) and Investment in fixed assets (net) (+€144,015)
- Tangible fixed assets -€144,015
no longer reported in 2024 (was €144,015)
- Receivables within one year +€120,398
new in 2024: €120,398
- Reserves +€232,194
up €232,194 (+3,745%), from €6,200 to €238,394
of which Distributable reserves: +€232,194
- Tax, wage and social debts +€105,315
new in 2024: €105,315
- Other debts -€72,963
no longer reported in 2024 (was €72,963)
- Profit (loss) carried forward +€23,200
no longer reported in 2024 (was -€23,200)
- Revaluation surpluses -€18,565
no longer reported in 2024 (was €18,565)
- Gross operating margin +€373,468
up €373,468, from -€12,736 to €360,732
- Taxes +€105,315
new in 2024: €105,315
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €144,018 | €412,152 | +€268,134 | +186% |
| Fixed assets | 21/28 | €144,015 | - | -€144,015 | |
| Tangible fixed assets | 22/27 | €144,015 | - | -€144,015 | |
| Land and buildings | 22 | €144,015 | - | -€144,015 | |
| Current assets | 29/58 | €2 | €412,152 | +€412,150 | +17,463,964% |
| Amounts receivable within one year | 40/41 | - | €120,398 | +€120,398 | |
| Other amounts receivable | 41 | - | €120,398 | +€120,398 | |
| Cash at bank and in hand | 54/58 | €2 | €291,753 | +€291,751 | +12,362,335% |
| Total equity and liabilities | 10/49 | €144,018 | €412,152 | +€268,134 | +186% |
| Equity | 10/15 | €63,565 | €300,394 | +€236,829 | +373% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €18,565 | - | -€18,565 | |
| Reserves | 13 | €6,200 | €238,394 | +€232,194 | +3,745% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | - | €232,194 | +€232,194 | |
| Profit (loss) carried forward | 14 | -€23,200 | - | +€23,200 | |
| Amounts payable | 17/49 | €80,453 | €111,758 | +€31,305 | +38.9% |
| Amounts payable within one year | 42/48 | €80,453 | €111,262 | +€30,810 | +38.3% |
| Trade debts | 44 | €7,490 | €5,948 | -€1,542 | -20.6% |
| Suppliers | 440/4 | €7,490 | €5,948 | -€1,542 | -20.6% |
| Taxes, remuneration and social security | 45 | - | €105,315 | +€105,315 | |
| Taxes | 450/3 | - | €105,315 | +€105,315 | |
| Other amounts payable | 47/48 | €72,963 | - | -€72,963 | |
| Accrued charges and deferred income | 492/3 | - | €495 | +€495 | |
| Non-recurring operating income | 76A | - | €375,187 | +€375,187 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,693 | - | -€2,693 | |
| Gross operating margin | 9900 | -€12,736 | €360,732 | +€373,468 | |
| Operating profit (loss) | 9901 | -€15,429 | €360,732 | +€376,161 | |
| Financial charges | 65/66B | €55 | €23 | -€32 | -58.8% |
| Recurring financial charges | 65 | €55 | €23 | -€32 | -58.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,484 | €360,709 | +€376,193 | |
| Income taxes | 67/77 | - | €105,315 | +€105,315 | |
| Profit (loss) for the period | 9904 | -€15,484 | €255,394 | +€270,878 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,484 | €255,394 | +€270,878 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.