DEMFILY: 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.
DEMFILY
Largest movements
- Cash +€46,951
up €46,951 (+973%), from €4,824 to €51,775
mainly Receivables within one year (+€39,234) and Net result for the year (+€36,717)
- Receivables within one year -€39,234
down €39,234 (-36.1%), from €108,768 to €69,534
of which Other amounts receivable: -€58,582
- Tangible fixed assets -€32,768
down €32,768 (-4.2%), from €776,422 to €743,654
of which Land and buildings: -€34,197
- Debts after one year -€63,333
down €63,333 (-14.5%), from €438,055 to €374,722
- Profit (loss) carried forward +€36,717
up €36,717 (+205%), from €17,946 to €54,663
- Other debts +€14,635
up €14,635 (+5.4%), from €271,531 to €286,166
- Trade debts -€10,514
down €10,514 (-22.9%), from €45,954 to €35,441
- Gross operating margin +€45,831
up €45,831 (+68.2%), from €67,157 to €112,988
- Taxes +€6,461
up €6,461 (+170%), from €3,809 to €10,270
- Financial charges +€3,456
up €3,456 (+11.9%), from €28,928 to €32,384
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.
Derived cash bridge
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 | €906,324 | €878,984 | -€27,339 | -3.0% |
| Fixed assets | 21/28 | €776,422 | €743,654 | -€32,768 | -4.2% |
| Tangible fixed assets | 22/27 | €776,422 | €743,654 | -€32,768 | -4.2% |
| Land and buildings | 22 | €776,422 | €742,225 | -€34,197 | -4.4% |
| Furniture and vehicles | 24 | - | €1,430 | +€1,430 | |
| Current assets | 29/58 | €129,902 | €135,330 | +€5,428 | +4.2% |
| Amounts receivable within one year | 40/41 | €108,768 | €69,534 | -€39,234 | -36.1% |
| Trade receivables | 40 | €36,218 | €55,567 | +€19,349 | +53.4% |
| Other amounts receivable | 41 | €72,550 | €13,967 | -€58,582 | -80.7% |
| Cash at bank and in hand | 54/58 | €4,824 | €51,775 | +€46,951 | +973% |
| Deferred charges and accrued income | 490/1 | €16,310 | €14,021 | -€2,289 | -14.0% |
| Total equity and liabilities | 10/49 | €906,324 | €878,984 | -€27,339 | -3.0% |
| Equity | 10/15 | €79,295 | €116,012 | +€36,717 | +46.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €41,349 | €41,349 | = | 0.0% |
| Distributable reserves | 133 | €41,349 | €41,349 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,946 | €54,663 | +€36,717 | +205% |
| Amounts payable | 17/49 | €827,029 | €762,973 | -€64,056 | -7.7% |
| Amounts payable after more than one year | 17 | €438,055 | €374,722 | -€63,333 | -14.5% |
| Financial debts | 170/4 | €438,055 | €374,722 | -€63,333 | -14.5% |
| Amounts payable within one year | 42/48 | €388,973 | €388,251 | -€723 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €63,333 | €63,333 | = | 0.0% |
| Financial debts | 43 | €5,726 | €3,311 | -€2,415 | -42.2% |
| Credit institutions | 430/8 | €2,326 | - | -€2,326 | |
| Other loans | 439 | €3,400 | €3,311 | -€90 | -2.6% |
| Trade debts | 44 | €45,954 | €35,441 | -€10,514 | -22.9% |
| Suppliers | 440/4 | €45,954 | €35,441 | -€10,514 | -22.9% |
| Taxes, remuneration and social security | 45 | €2,429 | - | -€2,429 | |
| Taxes | 450/3 | €2,429 | - | -€2,429 | |
| Other amounts payable | 47/48 | €271,531 | €286,166 | +€14,635 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,197 | €34,767 | +€570 | +1.7% |
| Other operating charges | 640/8 | €817 | €969 | +€152 | +18.6% |
| Gross operating margin | 9900 | €67,157 | €112,988 | +€45,831 | +68.2% |
| Operating profit (loss) | 9901 | €32,142 | €77,252 | +€45,109 | +140% |
| Financial income | 75/76B | €1,425 | €2,119 | +€694 | +48.7% |
| Recurring financial income | 75 | €1,425 | €2,119 | +€694 | +48.7% |
| Financial charges | 65/66B | €28,928 | €32,384 | +€3,456 | +11.9% |
| Recurring financial charges | 65 | €28,928 | €32,384 | +€3,456 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €4,639 | €46,986 | +€42,348 | +913% |
| Income taxes | 67/77 | €3,809 | €10,270 | +€6,461 | +170% |
| Profit (loss) for the period | 9904 | €830 | €36,717 | +€35,887 | +4,324% |
| Profit (loss) for the period to be appropriated | 9905 | €830 | €36,717 | +€35,887 | +4,324% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.