DEMI +: 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.
DEMI +
Largest movements
- Tangible fixed assets +€10,214
up €10,214 (+11.2%), from €91,535 to €101,749
of which Assets under construction and advance payments: +€10,214
- Cash -€1,142
down €1,142 (-99.7%), from €1,146 to €4
mainly Investment in fixed assets (net) (-€10,214) and Net result for the year (-€4,645)
- Other debts +€14,563
up €14,563 (+22.8%), from €64,000 to €78,563
- Profit (loss) carried forward -€4,645
down €4,645 (-85.1%), from -€5,457 to -€10,103
- Gross operating margin +€887
up €887 (+26.3%), from -€3,376 to -€2,489
- Financial charges +€463
up €463 (+27.3%), from €1,694 to €2,157
- Other operating charges -€387
no longer reported in 2025 (was €387)
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 | €92,865 | €102,664 | +€9,799 | +10.6% |
| Fixed assets | 21/28 | €91,535 | €101,749 | +€10,214 | +11.2% |
| Tangible fixed assets | 22/27 | €91,535 | €101,749 | +€10,214 | +11.2% |
| Land and buildings | 22 | €15,000 | €15,000 | = | 0.0% |
| Assets under construction and advance payments | 27 | €76,535 | €86,749 | +€10,214 | +13.3% |
| Current assets | 29/58 | €1,330 | €916 | -€414 | -31.1% |
| Amounts receivable within one year | 40/41 | €184 | €626 | +€442 | +240.5% |
| Other amounts receivable | 41 | €184 | €626 | +€442 | +240.5% |
| Cash at bank and in hand | 54/58 | €1,146 | €4 | -€1,142 | -99.7% |
| Deferred charges and accrued income | 490/1 | - | €286 | +€286 | |
| Total equity and liabilities | 10/49 | €92,865 | €102,664 | +€9,799 | +10.6% |
| Equity | 10/15 | €24,543 | €19,897 | -€4,645 | -18.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,457 | -€10,103 | -€4,645 | -85.1% |
| Amounts payable | 17/49 | €68,322 | €82,767 | +€14,445 | +21.1% |
| Amounts payable within one year | 42/48 | €66,342 | €80,643 | +€14,301 | +21.6% |
| Trade debts | 44 | €2,342 | €2,080 | -€262 | -11.2% |
| Suppliers | 440/4 | €2,342 | €2,080 | -€262 | -11.2% |
| Other amounts payable | 47/48 | €64,000 | €78,563 | +€14,563 | +22.8% |
| Accrued charges and deferred income | 492/3 | €1,980 | €2,124 | +€144 | +7.3% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | -€3,376 | -€2,489 | +€887 | +26.3% |
| Operating profit (loss) | 9901 | -€3,763 | -€2,489 | +€1,275 | +33.9% |
| Financial charges | 65/66B | €1,694 | €2,157 | +€463 | +27.3% |
| Recurring financial charges | 65 | €1,694 | €2,157 | +€463 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,457 | -€4,645 | +€812 | +14.9% |
| Profit (loss) for the period | 9904 | -€5,457 | -€4,645 | +€812 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,457 | -€4,645 | +€812 | +14.9% |
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 7 October 2026 via checked.be.