DEMEY Samuel: 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 Samuel
Largest movements
- Cash +€52,942
up €52,942 (+75.2%), from €70,373 to €123,315
mainly Net result for the year (+€62,906) and Tax, wage and social debts (+€2,783)
- Receivables within one year +€10,601
up €10,601 (+22.7%), from €46,651 to €57,252
of which Trade receivables: +€10,517
- Reserves +€161,414
new in 2025: €161,414
- Profit (loss) carried forward -€98,507
no longer reported in 2025 (was €98,507)
- Tax, wage and social debts +€2,783
up €2,783 (+19.8%), from €14,093 to €16,876
- Gross operating margin -€44,417
down €44,417 (-33.3%), from €133,297 to €88,880
- Taxes -€10,410
down €10,410 (-39.7%), from €26,193 to €15,783
- Other operating charges +€9,762
up €9,762 (+9,253%), from €106 to €9,867
- Depreciation -€8,273
down €8,273 (-97.9%), from €8,454 to €181
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 | €117,024 | €182,205 | +€65,181 | +55.7% |
| Fixed assets | 21/28 | - | €1,638 | +€1,638 | |
| Tangible fixed assets | 22/27 | - | €1,638 | +€1,638 | |
| Plant, machinery and equipment | 23 | - | €1,638 | +€1,638 | |
| Current assets | 29/58 | €117,024 | €180,567 | +€63,543 | +54.3% |
| Amounts receivable within one year | 40/41 | €46,651 | €57,252 | +€10,601 | +22.7% |
| Trade receivables | 40 | €46,362 | €56,879 | +€10,517 | +22.7% |
| Other amounts receivable | 41 | €289 | €373 | +€84 | +29.1% |
| Cash at bank and in hand | 54/58 | €70,373 | €123,315 | +€52,942 | +75.2% |
| Total equity and liabilities | 10/49 | €117,024 | €182,205 | +€65,181 | +55.7% |
| Equity | 10/15 | €100,507 | €163,414 | +€62,906 | +62.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €161,414 | +€161,414 | |
| Distributable reserves | 133 | - | €161,414 | +€161,414 | |
| Profit (loss) carried forward | 14 | €98,507 | - | -€98,507 | |
| Amounts payable | 17/49 | €16,517 | €18,791 | +€2,275 | +13.8% |
| Amounts payable within one year | 42/48 | €16,517 | €18,791 | +€2,275 | +13.8% |
| Trade debts | 44 | €471 | €205 | -€267 | -56.6% |
| Suppliers | 440/4 | €471 | €205 | -€267 | -56.6% |
| Taxes, remuneration and social security | 45 | €14,093 | €16,876 | +€2,783 | +19.8% |
| Taxes | 450/3 | €14,093 | €16,876 | +€2,783 | +19.8% |
| Other amounts payable | 47/48 | €1,952 | €1,711 | -€242 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,454 | €181 | -€8,273 | -97.9% |
| Other operating charges | 640/8 | €106 | €9,867 | +€9,762 | +9,253% |
| Gross operating margin | 9900 | €133,297 | €88,880 | -€44,417 | -33.3% |
| Operating profit (loss) | 9901 | €124,738 | €78,832 | -€45,906 | -36.8% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €38 | €147 | +€109 | +290% |
| Recurring financial charges | 65 | €38 | €147 | +€109 | +290% |
| Profit (loss) for the period before taxes | 9903 | €124,700 | €78,690 | -€46,011 | -36.9% |
| Income taxes | 67/77 | €26,193 | €15,783 | -€10,410 | -39.7% |
| Profit (loss) for the period | 9904 | €98,507 | €62,906 | -€35,601 | -36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €98,507 | €62,906 | -€35,601 | -36.1% |
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 29 October 2026 via checked.be.