DEMETTAIR: 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.
DEMETTAIR
Largest movements
- Cash +€657,224
up €657,224 (+226%), from €291,295 to €948,519
mainly Investment in fixed assets (net) (+€500,000) and Net result for the year (+€150,105)
- Financial fixed assets -€500,000
down €500,000 (-16.4%), from €3.0m to €2.5m
- Profit (loss) carried forward +€142,600
up €142,600 (+53.7%), from €265,698 to €408,298
- Financial income -€29,046
down €29,046 (-15.0%), from €193,218 to €164,172
of which Non-recurring financial income: -€26,588
- Financial charges +€3,834
up €3,834 (+3,208%), from €120 to €3,954
- Gross operating margin -€256
down €256 (-2.9%), from -€8,859 to -€9,114
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.
Derived cash bridge
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 | €3,383,711 | €3,532,755 | +€149,044 | +4.4% |
| Fixed assets | 21/28 | €3,044,589 | €2,544,589 | -€500,000 | -16.4% |
| Financial fixed assets | 28 | €3,044,589 | €2,544,589 | -€500,000 | -16.4% |
| Current assets | 29/58 | €339,122 | €988,166 | +€649,044 | +191% |
| Amounts receivable within one year | 40/41 | €46,677 | €38,648 | -€8,029 | -17.2% |
| Other amounts receivable | 41 | €46,677 | €38,648 | -€8,029 | -17.2% |
| Cash at bank and in hand | 54/58 | €291,295 | €948,519 | +€657,224 | +226% |
| Deferred charges and accrued income | 490/1 | €1,150 | €1,000 | -€151 | -13.1% |
| Total equity and liabilities | 10/49 | €3,383,711 | €3,532,755 | +€149,044 | +4.4% |
| Equity | 10/15 | €1,529,682 | €1,679,787 | +€150,105 | +9.8% |
| Contributions | 10/11 | €1,250,000 | €1,250,000 | = | 0.0% |
| Capital | 10 | €1,250,000 | €1,250,000 | = | 0.0% |
| Issued capital | 100 | €5,000,000 | €5,000,000 | = | 0.0% |
| Uncalled capital | 101 | €3,750,000 | €3,750,000 | = | 0.0% |
| Reserves | 13 | €13,984 | €21,489 | +€7,505 | +53.7% |
| Non-distributable reserves | 130/1 | €13,984 | €21,489 | +€7,505 | +53.7% |
| Legal reserve | 130 | €13,984 | €21,489 | +€7,505 | +53.7% |
| Profit (loss) carried forward | 14 | €265,698 | €408,298 | +€142,600 | +53.7% |
| Amounts payable | 17/49 | €1,854,029 | €1,852,968 | -€1,061 | -0.1% |
| Amounts payable within one year | 42/48 | €1,854,029 | €1,852,968 | -€1,061 | -0.1% |
| Trade debts | 44 | €2,083 | €1,022 | -€1,061 | -51.0% |
| Suppliers | 440/4 | €2,083 | €1,022 | -€1,061 | -51.0% |
| Other amounts payable | 47/48 | €1,851,946 | €1,851,946 | = | 0.0% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€8,859 | -€9,114 | -€256 | -2.9% |
| Operating profit (loss) | 9901 | -€9,826 | -€10,113 | -€287 | -2.9% |
| Financial income | 75/76B | €193,218 | €164,172 | -€29,046 | -15.0% |
| Recurring financial income | 75 | €66,630 | €64,172 | -€2,458 | -3.7% |
| Non-recurring financial income | 76B | €126,588 | €100,000 | -€26,588 | -21.0% |
| Financial charges | 65/66B | €120 | €3,954 | +€3,834 | +3,208% |
| Recurring financial charges | 65 | €120 | €3,954 | +€3,834 | +3,208% |
| Profit (loss) for the period before taxes | 9903 | €183,272 | €150,105 | -€33,167 | -18.1% |
| Profit (loss) for the period | 9904 | €183,272 | €150,105 | -€33,167 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €183,272 | €150,105 | -€33,167 | -18.1% |
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 1 November 2026 via checked.be.