DEMET & CO: 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.
DEMET & CO
Largest movements
- Tangible fixed assets -€5,686
down €5,686 (-14.0%), from €40,546 to €34,860
of which Plant, machinery and equipment: -€8,781
- Cash -€2,816
down €2,816 (-32.2%), from €8,750 to €5,934
mainly Net result for the year (-€26,530) and Investment in fixed assets (net) (-€4,131)
- Receivables within one year -€2,286
down €2,286 (-80.4%), from €2,844 to €558
of which Trade receivables: -€1,642
- Deferred charges and accrued income +€729
up €729 (+139%), from €523 to €1,252
- Profit (loss) carried forward -€26,530
down €26,530 (-33.8%), from -€78,440 to -€104,970
- Other debts +€17,808
up €17,808 (+14.7%), from €121,446 to €139,254
- Accrued charges and deferred income -€2,155
no longer reported in 2024 (was €2,155)
- Trade debts +€818
up €818 (+11.8%), from €6,952 to €7,770
- Turnover +€29,884
up €29,884 (+896%), from €3,337 to €33,221
- Gross operating margin -€3,200
down €3,200 (-27.7%), from -€11,554 to -€14,754
- Purchases and services +€785
up €785 (+1.6%), from €47,767 to €48,552
- Depreciation +€767
up €767 (+8.5%), from €9,050 to €9,817
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 | €52,663 | €42,604 | -€10,059 | -19.1% |
| Fixed assets | 21/28 | €40,546 | €34,860 | -€5,686 | -14.0% |
| Tangible fixed assets | 22/27 | €40,546 | €34,860 | -€5,686 | -14.0% |
| Plant, machinery and equipment | 23 | €39,785 | €31,004 | -€8,781 | -22.1% |
| Furniture and vehicles | 24 | €761 | €3,856 | +€3,095 | +407% |
| Current assets | 29/58 | €12,117 | €7,744 | -€4,373 | -36.1% |
| Amounts receivable within one year | 40/41 | €2,844 | €558 | -€2,286 | -80.4% |
| Trade receivables | 40 | €2,200 | €558 | -€1,642 | -74.6% |
| Other amounts receivable | 41 | €644 | - | -€644 | |
| Cash at bank and in hand | 54/58 | €8,750 | €5,934 | -€2,816 | -32.2% |
| Deferred charges and accrued income | 490/1 | €523 | €1,252 | +€729 | +139% |
| Total equity and liabilities | 10/49 | €52,663 | €42,604 | -€10,059 | -19.1% |
| Equity | 10/15 | -€77,890 | -€104,420 | -€26,530 | -34.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €50 | €50 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Other | 1319 | €50 | €50 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,440 | -€104,970 | -€26,530 | -33.8% |
| Amounts payable | 17/49 | €130,553 | €147,024 | +€16,471 | +12.6% |
| Amounts payable within one year | 42/48 | €128,398 | €147,024 | +€18,626 | +14.5% |
| Trade debts | 44 | €6,952 | €7,770 | +€818 | +11.8% |
| Suppliers | 440/4 | €6,952 | €7,770 | +€818 | +11.8% |
| Other amounts payable | 47/48 | €121,446 | €139,254 | +€17,808 | +14.7% |
| Accrued charges and deferred income | 492/3 | €2,155 | - | -€2,155 | |
| Turnover | 70 | €3,337 | €33,221 | +€29,884 | +896% |
| Goods, raw materials, services and sundry goods | 60/61 | €47,767 | €48,552 | +€785 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,050 | €9,817 | +€767 | +8.5% |
| Other operating charges | 640/8 | €253 | €282 | +€29 | +11.5% |
| Non-recurring operating charges | 66A | - | €1,426 | +€1,426 | |
| Gross operating margin | 9900 | -€11,554 | -€14,754 | -€3,200 | -27.7% |
| Operating profit (loss) | 9901 | -€20,857 | -€26,279 | -€5,422 | -26.0% |
| Financial income | 75/76B | €52 | €11 | -€41 | -78.8% |
| Recurring financial income | 75 | €52 | €11 | -€41 | -78.8% |
| Financial charges | 65/66B | €307 | €262 | -€45 | -14.7% |
| Recurring financial charges | 65 | €307 | €262 | -€45 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | -€21,112 | -€26,530 | -€5,418 | -25.7% |
| Profit (loss) for the period | 9904 | -€21,112 | -€26,530 | -€5,418 | -25.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,112 | -€26,530 | -€5,418 | -25.7% |
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 26 October 2026 via checked.be.