DEMEYER: 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.
DEMEYER
Largest movements
- Receivables within one year -€42,801
down €42,801 (-99.7%), from €42,911 to €110
of which Other amounts receivable: -€42,171
- Revaluation surpluses -€36,018
down €36,018 (-2.4%), from €1.5m to €1.5m
- Other operating charges -€9,724
no longer reported in 2025 (was €9,724)
- Depreciation +€4,414
up €4,414 (+21.6%), from €20,390 to €24,804
- Gross operating margin -€3,567
down €3,567 (-13.5%), from €26,506 to €22,939
- Financial income -€1,778
down €1,778 (-89.0%), from €1,997 to €219
- Financial charges +€304
up €304 (+1065.6%), from €29 to €332
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 | €1,786,974 | €1,749,791 | -€37,183 | -2.1% |
| Fixed assets | 21/28 | €1,741,000 | €1,741,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,741,000 | €1,741,000 | = | 0.0% |
| Land and buildings | 22 | €1,741,000 | €1,741,000 | = | 0.0% |
| Current assets | 29/58 | €45,974 | €8,791 | -€37,183 | -80.9% |
| Amounts receivable within one year | 40/41 | €42,911 | €110 | -€42,801 | -99.7% |
| Trade receivables | 40 | €630 | - | -€630 | |
| Other amounts receivable | 41 | €42,281 | €110 | -€42,171 | -99.7% |
| Cash at bank and in hand | 54/58 | €3,063 | €8,681 | +€5,619 | +183.5% |
| Total equity and liabilities | 10/49 | €1,786,974 | €1,749,791 | -€37,183 | -2.1% |
| Equity | 10/15 | €1,785,174 | €1,747,177 | -€37,997 | -2.1% |
| Contributions | 10/11 | €272,683 | €272,683 | = | 0.0% |
| Capital | 10 | €272,683 | €272,683 | = | 0.0% |
| Issued capital | 100 | €272,683 | €272,683 | = | 0.0% |
| Revaluation surpluses | 12 | €1,508,175 | €1,472,157 | -€36,018 | -2.4% |
| Reserves | 13 | €19,199 | €19,199 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,199 | €19,199 | = | 0.0% |
| Legal reserve | 130 | €19,199 | €19,199 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,883 | -€16,862 | -€1,978 | -13.3% |
| Amounts payable | 17/49 | €1,800 | €2,614 | +€814 | +45.2% |
| Amounts payable after more than one year | 17 | €1,800 | €1,800 | = | 0.0% |
| Other amounts payable | 178/9 | €1,800 | €1,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | - | €814 | +€814 | |
| Trade debts | 44 | - | €206 | +€206 | |
| Suppliers | 440/4 | - | €206 | +€206 | |
| Other amounts payable | 47/48 | - | €608 | +€608 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,390 | €24,804 | +€4,414 | +21.6% |
| Other operating charges | 640/8 | €9,724 | - | -€9,724 | |
| Gross operating margin | 9900 | €26,506 | €22,939 | -€3,567 | -13.5% |
| Operating profit (loss) | 9901 | -€3,608 | -€1,865 | +€1,743 | +48.3% |
| Financial income | 75/76B | €1,997 | €219 | -€1,778 | -89.0% |
| Recurring financial income | 75 | €1,997 | €219 | -€1,778 | -89.0% |
| Financial charges | 65/66B | €29 | €332 | +€304 | +1065.6% |
| Recurring financial charges | 65 | €29 | €332 | +€304 | +1065.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,640 | -€1,978 | -€339 | -20.7% |
| Income taxes | 67/77 | €155 | - | -€155 | |
| Profit (loss) for the period | 9904 | -€1,795 | -€1,978 | -€184 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,795 | -€1,978 | -€184 | -10.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.