DEMEYERE XAVIER: what changed
DEMEYERE XAVIER
Largest movements
- Tangible fixed assets -€16,613
down €16,613 (-7.6%), from €217,300 to €200,687
of which Land and buildings: -€12,876
- Cash -€16,003
down €16,003 (-18.3%), from €87,291 to €71,288
mainly Net result for the year (-€28,412) and Debts after one year (-€17,694)
- Stocks and contracts -€7,339
down €7,339 (-38.6%), from €19,005 to €11,666
of which Stocks: -€10,116
- Receivables within one year -€5,466
down €5,466 (-36.8%), from €14,846 to €9,380
of which Trade receivables: -€5,348
- Profit (loss) carried forward -€28,412
down €28,412 (-209%), from -€13,573 to -€41,985
- Debts after one year -€17,694
down €17,694 (-11.8%), from €150,066 to €132,372
- Other debts -€16,748
down €16,748 (-65.9%), from €25,422 to €8,674
- Trade debts +€16,190
up €16,190 (+199%), from €8,154 to €24,344
- Gross operating margin -€14,931
down €14,931, from €12,346 to -€2,585
- Depreciation -€1,121
down €1,121 (-6.3%), from €17,735 to €16,613
- Financial charges +€764
up €764 (+12.1%), from €6,311 to €7,075
- Other operating charges +€243
up €243 (+12.8%), from €1,895 to €2,138
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €339,341 | €293,435 | -€45,905 | -13.5% |
| Fixed assets | 21/28 | €217,300 | €200,687 | -€16,613 | -7.6% |
| Tangible fixed assets | 22/27 | €217,300 | €200,687 | -€16,613 | -7.6% |
| Land and buildings | 22 | €213,144 | €200,268 | -€12,876 | -6.0% |
| Plant, machinery and equipment | 23 | €976 | €419 | -€556 | -57.0% |
| Furniture and vehicles | 24 | €3,181 | €0 | -€3,181 | -100% |
| Current assets | 29/58 | €122,040 | €92,748 | -€29,292 | -24.0% |
| Stocks and contracts in progress | 3 | €19,005 | €11,666 | -€7,339 | -38.6% |
| Stocks | 30/36 | €16,512 | €6,396 | -€10,116 | -61.3% |
| Contracts in progress | 37 | €2,492 | €5,270 | +€2,778 | +111% |
| Amounts receivable within one year | 40/41 | €14,846 | €9,380 | -€5,466 | -36.8% |
| Trade receivables | 40 | €11,915 | €6,566 | -€5,348 | -44.9% |
| Other amounts receivable | 41 | €2,932 | €2,814 | -€118 | -4.0% |
| Cash at bank and in hand | 54/58 | €87,291 | €71,288 | -€16,003 | -18.3% |
| Deferred charges and accrued income | 490/1 | €898 | €414 | -€484 | -53.9% |
| Total equity and liabilities | 10/49 | €339,341 | €293,435 | -€45,905 | -13.5% |
| Equity | 10/15 | €137,231 | €108,819 | -€28,412 | -20.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €138,404 | €138,404 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €136,544 | €136,544 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,573 | -€41,985 | -€28,412 | -209% |
| Amounts payable | 17/49 | €202,110 | €184,616 | -€17,494 | -8.7% |
| Amounts payable after more than one year | 17 | €150,066 | €132,372 | -€17,694 | -11.8% |
| Financial debts | 170/4 | €150,066 | €132,372 | -€17,694 | -11.8% |
| Amounts payable within one year | 42/48 | €52,044 | €52,244 | +€201 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €16,968 | €17,694 | +€727 | +4.3% |
| Trade debts | 44 | €8,154 | €24,344 | +€16,190 | +199% |
| Suppliers | 440/4 | €8,154 | €24,344 | +€16,190 | +199% |
| Taxes, remuneration and social security | 45 | €1,500 | €1,532 | +€32 | +2.1% |
| Taxes | 450/3 | €1,500 | €1,532 | +€32 | +2.1% |
| Other amounts payable | 47/48 | €25,422 | €8,674 | -€16,748 | -65.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,735 | €16,613 | -€1,121 | -6.3% |
| Other operating charges | 640/8 | €1,895 | €2,138 | +€243 | +12.8% |
| Gross operating margin | 9900 | €12,346 | -€2,585 | -€14,931 | |
| Operating profit (loss) | 9901 | -€7,284 | -€21,337 | -€14,053 | -193% |
| Financial income | 75/76B | €22 | €0 | -€22 | -100% |
| Recurring financial income | 75 | €22 | €0 | -€22 | -100% |
| Financial charges | 65/66B | €6,311 | €7,075 | +€764 | +12.1% |
| Recurring financial charges | 65 | €6,311 | €7,075 | +€764 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,573 | -€28,412 | -€14,839 | -109% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€13,573 | -€28,412 | -€14,839 | -109% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,573 | -€28,412 | -€14,839 | -109% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.