Démétaire: 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.
Démétaire
Largest movements
- Tangible fixed assets -€17,020
down €17,020 (-50.8%), from €33,526 to €16,506
of which Furniture and vehicles: -€22,100
- Cash -€10,701
down €10,701 (-73.1%), from €14,631 to €3,930
mainly Net result for the year (-€68,088) and Trade debts (-€10,846)
- Stocks and contracts +€10,260
up €10,260 (+93.4%), from €10,982 to €21,242
- Receivables within one year +€4,867
up €4,867 (+113%), from €4,318 to €9,185
of which Trade receivables: +€5,881
- Deferred charges and accrued income -€2,643
down €2,643 (-42.8%), from €6,179 to €3,536
- Profit (loss) carried forward -€68,088
down €68,088 (-598%), from -€11,389 to -€79,477
- Other debts +€45,705
up €45,705 (+199%), from €22,915 to €68,620
- Tax, wage and social debts +€16,965
up €16,965 (+179%), from €9,494 to €26,459
of which Taxes: +€16,195
- Trade debts -€10,846
down €10,846 (-19.0%), from €56,955 to €46,109
- Staff costs +€149,475
up €149,475 (+170%), from €88,012 to €237,487
- Gross operating margin +€127,912
up €127,912 (+157%), from €81,506 to €209,418
- Other operating charges +€31,523
up €31,523 (+1,127%), from €2,798 to €34,321
- Depreciation +€3,470
up €3,470 (+213%), from €1,631 to €5,101
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 | €80,975 | €64,711 | -€16,264 | -20.1% |
| Fixed assets | 21/28 | €44,865 | €26,817 | -€18,048 | -40.2% |
| Intangible fixed assets | 21 | €11,339 | €10,112 | -€1,228 | -10.8% |
| Tangible fixed assets | 22/27 | €33,526 | €16,506 | -€17,020 | -50.8% |
| Plant, machinery and equipment | 23 | €5,303 | €10,383 | +€5,080 | +95.8% |
| Furniture and vehicles | 24 | €28,223 | €6,123 | -€22,100 | -78.3% |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €36,110 | €37,894 | +€1,784 | +4.9% |
| Stocks and contracts in progress | 3 | €10,982 | €21,242 | +€10,260 | +93.4% |
| Stocks | 30/36 | €10,982 | €21,242 | +€10,260 | +93.4% |
| Amounts receivable within one year | 40/41 | €4,318 | €9,185 | +€4,867 | +113% |
| Trade receivables | 40 | €2,630 | €8,511 | +€5,881 | +224% |
| Other amounts receivable | 41 | €1,688 | €675 | -€1,013 | -60.0% |
| Cash at bank and in hand | 54/58 | €14,631 | €3,930 | -€10,701 | -73.1% |
| Deferred charges and accrued income | 490/1 | €6,179 | €3,536 | -€2,643 | -42.8% |
| Total equity and liabilities | 10/49 | €80,975 | €64,711 | -€16,264 | -20.1% |
| Equity | 10/15 | -€8,389 | -€76,477 | -€68,088 | -812% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,389 | -€79,477 | -€68,088 | -598% |
| Amounts payable | 17/49 | €89,364 | €141,188 | +€51,824 | +58.0% |
| Amounts payable within one year | 42/48 | €89,364 | €141,188 | +€51,824 | +58.0% |
| Trade debts | 44 | €56,955 | €46,109 | -€10,846 | -19.0% |
| Suppliers | 440/4 | €56,955 | €46,109 | -€10,846 | -19.0% |
| Taxes, remuneration and social security | 45 | €9,494 | €26,459 | +€16,965 | +179% |
| Taxes | 450/3 | €294 | €16,489 | +€16,195 | +5,503% |
| Remuneration and social security | 454/9 | €9,200 | €9,971 | +€771 | +8.4% |
| Other amounts payable | 47/48 | €22,915 | €68,620 | +€45,705 | +199% |
| Remuneration, social security and pensions | 62 | €88,012 | €237,487 | +€149,475 | +170% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,631 | €5,101 | +€3,470 | +213% |
| Other operating charges | 640/8 | €2,798 | €34,321 | +€31,523 | +1,127% |
| Gross operating margin | 9900 | €81,506 | €209,418 | +€127,912 | +157% |
| Operating profit (loss) | 9901 | -€10,935 | -€67,491 | -€56,556 | -517% |
| Financial income | 75/76B | - | €1,192 | +€1,192 | |
| Recurring financial income | 75 | - | €1,192 | +€1,192 | |
| Financial charges | 65/66B | €454 | €1,789 | +€1,336 | +294% |
| Recurring financial charges | 65 | €454 | €1,789 | +€1,336 | +294% |
| Profit (loss) for the period before taxes | 9903 | -€11,389 | -€68,088 | -€56,700 | -498% |
| Profit (loss) for the period | 9904 | -€11,389 | -€68,088 | -€56,700 | -498% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,389 | -€68,088 | -€56,700 | -498% |
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 20 October 2026 via checked.be.