DEMETRA: what changed
Two fiscal 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.
DEMETRA
Largest movements
- Receivables within one year +€14,947
up €14,947 (+69.6%), from €21,476 to €36,423
of which Other amounts receivable: +€12,203
- Stocks and contracts +€4,587
up €4,587 (+11.8%), from €38,867 to €43,454
- Cash +€2,305
up €2,305 (+109.5%), from €2,104 to €4,409
mainly Trade debts (+€16,107) and Net result for the year (+€4,105)
- Tangible fixed assets -€1,133
no longer reported in 2025 (was €1,133)
- Trade debts +€16,107
up €16,107 (+1584.1%), from €1,017 to €17,124
- Profit (loss) carried forward +€4,105
up €4,105 (+3.7%), from -€110,302 to -€106,197
- Gross operating margin -€11,910
down €11,910 (-65.7%), from €18,140 to €6,230
- Financial charges -€305
down €305 (-38.6%), from €792 to €487
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 | €64,315 | €84,527 | +€20,212 | +31.4% |
| Fixed assets | 21/28 | €1,133 | - | -€1,133 | |
| Tangible fixed assets | 22/27 | €1,133 | - | -€1,133 | |
| Plant, machinery and equipment | 23 | €1,133 | - | -€1,133 | |
| Current assets | 29/58 | €63,182 | €84,527 | +€21,346 | +33.8% |
| Stocks and contracts in progress | 3 | €38,867 | €43,454 | +€4,587 | +11.8% |
| Stocks | 30/36 | €38,867 | €43,454 | +€4,587 | +11.8% |
| Amounts receivable within one year | 40/41 | €21,476 | €36,423 | +€14,947 | +69.6% |
| Trade receivables | 40 | €5,818 | €8,562 | +€2,744 | +47.2% |
| Other amounts receivable | 41 | €15,657 | €27,860 | +€12,203 | +77.9% |
| Cash at bank and in hand | 54/58 | €2,104 | €4,409 | +€2,305 | +109.5% |
| Deferred charges and accrued income | 490/1 | €735 | €242 | -€493 | -67.1% |
| Total equity and liabilities | 10/49 | €64,315 | €84,527 | +€20,212 | +31.4% |
| Equity | 10/15 | €63,298 | €67,403 | +€4,105 | +6.5% |
| Contributions | 10/11 | €173,600 | €173,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,302 | -€106,197 | +€4,105 | +3.7% |
| Amounts payable | 17/49 | €1,017 | €17,124 | +€16,107 | +1584.1% |
| Amounts payable within one year | 42/48 | €1,017 | €17,124 | +€16,107 | +1584.1% |
| Trade debts | 44 | €1,017 | €17,124 | +€16,107 | +1584.1% |
| Suppliers | 440/4 | €1,017 | €17,124 | +€16,107 | +1584.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,134 | €1,133 | -€0 | 0.0% |
| Other operating charges | 640/8 | €442 | €505 | +€63 | +14.3% |
| Gross operating margin | 9900 | €18,140 | €6,230 | -€11,910 | -65.7% |
| Operating profit (loss) | 9901 | €16,565 | €4,591 | -€11,973 | -72.3% |
| Financial income | 75/76B | €1 | €1 | -€0 | -12.2% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -12.2% |
| Financial charges | 65/66B | €792 | €487 | -€305 | -38.6% |
| Recurring financial charges | 65 | €792 | €487 | -€305 | -38.6% |
| Profit (loss) for the period before taxes | 9903 | €15,773 | €4,105 | -€11,668 | -74.0% |
| Profit (loss) for the period | 9904 | €15,773 | €4,105 | -€11,668 | -74.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,773 | €4,105 | -€11,668 | -74.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.