DEMEYS: 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.
DEMEYS
Largest movements
- Receivables after one year +€55,067
up €55,067 (+25.0%), from €219,865 to €274,932
- Cash +€21,652
new in 2024: €21,652
mainly Trade debts (+€39,194) and Net result for the year (+€22,603)
- Receivables within one year -€10,138
down €10,138 (-25.9%), from €39,135 to €28,997
of which Trade receivables: -€12,215
- Trade debts +€39,194
up €39,194 (+406.9%), from €9,632 to €48,825
- Reserves +€20,000
up €20,000 (+100.0%), from €20,000 to €40,000
- Current portion of long-term debt +€10,000
new in 2024: €10,000
- Tax, wage and social debts -€7,193
down €7,193 (-19.0%), from €37,833 to €30,640
of which Taxes: -€5,538
- Gross operating margin -€70,342
down €70,342 (-64.5%), from €109,055 to €38,714
- Taxes -€10,084
down €10,084 (-38.5%), from €26,217 to €16,133
- Financial income +€3,481
up €3,481 (+52.6%), from €6,620 to €10,101
- Depreciation -€1,769
down €1,769 (-24.0%), from €7,362 to €5,593
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €265,539 | €330,120 | +€64,581 | +24.3% |
| Fixed assets | 21/28 | €6,539 | €3,821 | -€2,718 | -41.6% |
| Tangible fixed assets | 22/27 | €6,539 | €3,821 | -€2,718 | -41.6% |
| Plant, machinery and equipment | 23 | €689 | €1,131 | +€442 | +64.3% |
| Furniture and vehicles | 24 | €5,851 | €2,690 | -€3,161 | -54.0% |
| Current assets | 29/58 | €259,000 | €326,299 | +€67,299 | +26.0% |
| Amounts receivable after more than one year | 29 | €219,865 | €274,932 | +€55,067 | +25.0% |
| Other amounts receivable | 291 | €219,865 | €274,932 | +€55,067 | +25.0% |
| Amounts receivable within one year | 40/41 | €39,135 | €28,997 | -€10,138 | -25.9% |
| Trade receivables | 40 | €35,961 | €23,746 | -€12,215 | -34.0% |
| Other amounts receivable | 41 | €3,174 | €5,250 | +€2,077 | +65.4% |
| Cash at bank and in hand | 54/58 | - | €21,652 | +€21,652 | |
| Deferred charges and accrued income | 490/1 | - | €718 | +€718 | |
| Total equity and liabilities | 10/49 | €265,539 | €330,120 | +€64,581 | +24.3% |
| Equity | 10/15 | €215,682 | €238,285 | +€22,603 | +10.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €20,000 | €40,000 | +€20,000 | +100.0% |
| Distributable reserves | 133 | €20,000 | €40,000 | +€20,000 | +100.0% |
| Profit (loss) carried forward | 14 | €193,182 | €195,785 | +€2,603 | +1.3% |
| Amounts payable | 17/49 | €49,857 | €91,835 | +€41,978 | +84.2% |
| Amounts payable within one year | 42/48 | €49,857 | €90,937 | +€41,079 | +82.4% |
| Current portion of amounts payable after more than one year | 42 | - | €10,000 | +€10,000 | |
| Financial debts | 43 | €922 | - | -€922 | |
| Credit institutions | 430/8 | €922 | - | -€922 | |
| Trade debts | 44 | €9,632 | €48,825 | +€39,194 | +406.9% |
| Suppliers | 440/4 | €9,632 | €48,825 | +€39,194 | +406.9% |
| Advances received on contracts in progress | 46 | €1,471 | €1,471 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €37,833 | €30,640 | -€7,193 | -19.0% |
| Taxes | 450/3 | €34,743 | €29,205 | -€5,538 | -15.9% |
| Remuneration and social security | 454/9 | €3,090 | €1,435 | -€1,655 | -53.6% |
| Accrued charges and deferred income | 492/3 | - | €899 | +€899 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,362 | €5,593 | -€1,769 | -24.0% |
| Other operating charges | 640/8 | €2,739 | €1,683 | -€1,057 | -38.6% |
| Gross operating margin | 9900 | €109,055 | €38,714 | -€70,342 | -64.5% |
| Operating profit (loss) | 9901 | €98,953 | €31,438 | -€67,515 | -68.2% |
| Financial income | 75/76B | €6,620 | €10,101 | +€3,481 | +52.6% |
| Recurring financial income | 75 | €6,620 | €10,101 | +€3,481 | +52.6% |
| Financial charges | 65/66B | €2,587 | €2,803 | +€216 | +8.4% |
| Recurring financial charges | 65 | €2,587 | €2,803 | +€216 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €102,986 | €38,736 | -€64,250 | -62.4% |
| Income taxes | 67/77 | €26,217 | €16,133 | -€10,084 | -38.5% |
| Profit (loss) for the period | 9904 | €76,769 | €22,603 | -€54,166 | -70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €76,769 | €22,603 | -€54,166 | -70.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.