Demeyer Technical Projects: 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 Technical Projects
Largest movements
- Receivables within one year +€55,325
up €55,325 (+408.1%), from €13,557 to €68,881
of which Other amounts receivable: +€55,909
- Cash +€10,619
up €10,619 (+14.5%), from €73,363 to €83,982
mainly Net result for the year (+€109,527) and Depreciation (+€1,413)
- Current investments +€9,832
up €9,832 (+4.2%), from €234,175 to €244,006
- Reserves +€74,527
up €74,527 (+23.8%), from €313,107 to €387,634
of which Distributable reserves: +€71,730
- Financial income +€71,548
up €71,548 (+1274.5%), from €5,614 to €77,161
- Taxes +€18,952
up €18,952 (+55.4%), from €34,218 to €53,169
- Gross operating margin -€10,944
down €10,944 (-9.1%), from €119,993 to €109,049
- Financial charges +€6,945
up €6,945 (+48.0%), from €14,461 to €21,406
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 | €329,923 | €404,304 | +€74,380 | +22.5% |
| Fixed assets | 21/28 | €6,548 | €5,135 | -€1,413 | -21.6% |
| Tangible fixed assets | 22/27 | €6,548 | €5,135 | -€1,413 | -21.6% |
| Land and buildings | 22 | €6,398 | €5,135 | -€1,264 | -19.7% |
| Furniture and vehicles | 24 | €149 | - | -€149 | |
| Current assets | 29/58 | €323,376 | €399,169 | +€75,793 | +23.4% |
| Amounts receivable within one year | 40/41 | €13,557 | €68,881 | +€55,325 | +408.1% |
| Trade receivables | 40 | €11,053 | €10,469 | -€584 | -5.3% |
| Other amounts receivable | 41 | €2,503 | €58,412 | +€55,909 | +2233.4% |
| Current investments | 50/53 | €234,175 | €244,006 | +€9,832 | +4.2% |
| Cash at bank and in hand | 54/58 | €73,363 | €83,982 | +€10,619 | +14.5% |
| Deferred charges and accrued income | 490/1 | €2,282 | €2,299 | +€18 | +0.8% |
| Total equity and liabilities | 10/49 | €329,923 | €404,304 | +€74,380 | +22.5% |
| Equity | 10/15 | €325,507 | €400,034 | +€74,527 | +22.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €313,107 | €387,634 | +€74,527 | +23.8% |
| Tax-exempt reserves | 132 | €102,453 | €105,250 | +€2,797 | +2.7% |
| Distributable reserves | 133 | €210,654 | €282,384 | +€71,730 | +34.1% |
| Amounts payable | 17/49 | €4,416 | €4,270 | -€147 | -3.3% |
| Amounts payable within one year | 42/48 | €4,416 | €4,270 | -€147 | -3.3% |
| Trade debts | 44 | €550 | €1,198 | +€649 | +118.1% |
| Suppliers | 440/4 | €550 | €1,198 | +€649 | +118.1% |
| Taxes, remuneration and social security | 45 | €2,304 | €3,071 | +€767 | +33.3% |
| Taxes | 450/3 | €2,304 | €3,071 | +€767 | +33.3% |
| Other amounts payable | 47/48 | €1,563 | - | -€1,563 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,768 | €1,413 | -€355 | -20.1% |
| Other operating charges | 640/8 | €961 | €695 | -€267 | -27.7% |
| Gross operating margin | 9900 | €119,993 | €109,049 | -€10,944 | -9.1% |
| Operating profit (loss) | 9901 | €117,263 | €106,941 | -€10,322 | -8.8% |
| Financial income | 75/76B | €5,614 | €77,161 | +€71,548 | +1274.5% |
| Recurring financial income | 75 | €5,614 | €77,161 | +€71,548 | +1274.5% |
| Financial charges | 65/66B | €14,461 | €21,406 | +€6,945 | +48.0% |
| Recurring financial charges | 65 | €14,461 | €21,406 | +€6,945 | +48.0% |
| Profit (loss) for the period before taxes | 9903 | €108,416 | €162,697 | +€54,281 | +50.1% |
| Income taxes | 67/77 | €34,218 | €53,169 | +€18,952 | +55.4% |
| Profit (loss) for the period | 9904 | €74,198 | €109,527 | +€35,329 | +47.6% |
| Transfer to tax-exempt reserves | 689 | €34,926 | €2,797 | -€32,129 | -92.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,272 | €106,730 | +€67,458 | +171.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.