DEMEY Management: 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.
DEMEY Management
Largest movements
- Cash -€27,420
down €27,420 (-25.7%), from €106,758 to €79,338
mainly Contributions, distributions and other (-€152,638) and Accrued charges and deferred income (-€6,875)
- Receivables within one year -€10,312
down €10,312 (-26.3%), from €39,227 to €28,915
of which Other amounts receivable: -€14,263
- Current investments +€5,908
up €5,908 (+19.0%), from €31,040 to €36,948
- Tangible fixed assets -€5,140
down €5,140 (-39.4%), from €13,058 to €7,918
of which Furniture and vehicles: -€3,835
- Other debts +€84,072
new in 2025: €84,072
- Reserves -€60,487
no longer reported in 2025 (was €60,487)
- Profit (loss) carried forward -€53,423
no longer reported in 2025 (was €53,423)
- Accrued charges and deferred income -€6,875
down €6,875 (-18.3%), from €37,500 to €30,625
- Financial charges +€18,267
up €18,267 (+35.1%), from €52,057 to €70,324
- Gross operating margin -€8,903
down €8,903 (-7.0%), from €127,605 to €118,702
- Taxes -€6,406
down €6,406 (-38.8%), from €16,528 to €10,122
- Financial income +€6,171
new in 2025: €6,171
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 | €191,703 | €155,521 | -€36,182 | -18.9% |
| Fixed assets | 21/28 | €13,058 | €7,918 | -€5,140 | -39.4% |
| Tangible fixed assets | 22/27 | €13,058 | €7,918 | -€5,140 | -39.4% |
| Furniture and vehicles | 24 | €9,207 | €5,371 | -€3,835 | -41.7% |
| Other tangible fixed assets | 26 | €3,852 | €2,547 | -€1,305 | -33.9% |
| Current assets | 29/58 | €178,645 | €147,603 | -€31,042 | -17.4% |
| Amounts receivable within one year | 40/41 | €39,227 | €28,915 | -€10,312 | -26.3% |
| Trade receivables | 40 | €12,449 | €16,401 | +€3,952 | +31.7% |
| Other amounts receivable | 41 | €26,777 | €12,514 | -€14,263 | -53.3% |
| Current investments | 50/53 | €31,040 | €36,948 | +€5,908 | +19.0% |
| Cash at bank and in hand | 54/58 | €106,758 | €79,338 | -€27,420 | -25.7% |
| Deferred charges and accrued income | 490/1 | €1,620 | €2,402 | +€782 | +48.3% |
| Total equity and liabilities | 10/49 | €191,703 | €155,521 | -€36,182 | -18.9% |
| Equity | 10/15 | €132,510 | €18,600 | -€113,910 | -86.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €60,487 | - | -€60,487 | |
| Distributable reserves | 133 | €60,487 | - | -€60,487 | |
| Profit (loss) carried forward | 14 | €53,423 | - | -€53,423 | |
| Amounts payable | 17/49 | €59,193 | €136,921 | +€77,728 | +131% |
| Amounts payable within one year | 42/48 | €21,693 | €106,296 | +€84,603 | +390% |
| Financial debts | 43 | €13,386 | €13,373 | -€14 | -0.1% |
| Other loans | 439 | €13,386 | €13,373 | -€14 | -0.1% |
| Trade debts | 44 | €7,167 | €8,852 | +€1,685 | +23.5% |
| Suppliers | 440/4 | €7,167 | €8,852 | +€1,685 | +23.5% |
| Taxes, remuneration and social security | 45 | €1,140 | - | -€1,140 | |
| Taxes | 450/3 | €1,140 | - | -€1,140 | |
| Other amounts payable | 47/48 | - | €84,072 | +€84,072 | |
| Accrued charges and deferred income | 492/3 | €37,500 | €30,625 | -€6,875 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,230 | €5,140 | -€90 | -1.7% |
| Other operating charges | 640/8 | €368 | €560 | +€193 | +52.4% |
| Gross operating margin | 9900 | €127,605 | €118,702 | -€8,903 | -7.0% |
| Operating profit (loss) | 9901 | €122,007 | €113,002 | -€9,006 | -7.4% |
| Financial income | 75/76B | - | €6,171 | +€6,171 | |
| Recurring financial income | 75 | - | €6,171 | +€6,171 | |
| Financial charges | 65/66B | €52,057 | €70,324 | +€18,267 | +35.1% |
| Recurring financial charges | 65 | €52,057 | €70,324 | +€18,267 | +35.1% |
| Profit (loss) for the period before taxes | 9903 | €69,950 | €48,850 | -€21,101 | -30.2% |
| Income taxes | 67/77 | €16,528 | €10,122 | -€6,406 | -38.8% |
| Profit (loss) for the period | 9904 | €53,423 | €38,728 | -€14,695 | -27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €53,423 | €38,728 | -€14,695 | -27.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.