DEMI - LUNE: 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.
DEMI - LUNE
Largest movements
- Cash +€181,716
up €181,716 (+49.4%), from €367,623 to €549,339
mainly Net result for the year (+€229,679) and Tax, wage and social debts (+€20,093)
- Profit (loss) carried forward +€229,679
up €229,679 (+18.6%), from €1.2m to €1.5m
- Trade debts -€49,640
down €49,640 (-29.6%), from €167,741 to €118,101
- Staff costs -€84,230
down €84,230 (-63.4%), from €132,892 to €48,662
- Taxes +€25,763
up €25,763 (+92.1%), from €27,985 to €53,748
- Gross operating margin -€23,738
down €23,738 (-6.3%), from €378,945 to €355,207
- Financial income +€4,802
up €4,802 (+1,037%), from €463 to €5,265
- Financial charges +€4,727
up €4,727 (+44.5%), from €10,611 to €15,338
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.
Derived cash bridge
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 | €1,940,466 | €2,153,829 | +€213,363 | +11.0% |
| Fixed assets | 21/28 | €12,461 | €12,734 | +€273 | +2.2% |
| Tangible fixed assets | 22/27 | €12,461 | €12,734 | +€273 | +2.2% |
| Plant, machinery and equipment | 23 | €895 | - | -€895 | |
| Furniture and vehicles | 24 | €11,566 | €12,734 | +€1,168 | +10.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €1,928,005 | €2,141,095 | +€213,090 | +11.1% |
| Stocks and contracts in progress | 3 | €1,272,621 | €1,294,110 | +€21,489 | +1.7% |
| Stocks | 30/36 | €1,272,621 | €1,294,110 | +€21,489 | +1.7% |
| Amounts receivable within one year | 40/41 | €287,761 | €297,646 | +€9,885 | +3.4% |
| Trade receivables | 40 | €222,761 | €246,894 | +€24,133 | +10.8% |
| Other amounts receivable | 41 | €65,000 | €50,752 | -€14,248 | -21.9% |
| Cash at bank and in hand | 54/58 | €367,623 | €549,339 | +€181,716 | +49.4% |
| Total equity and liabilities | 10/49 | €1,940,466 | €2,153,829 | +€213,363 | +11.0% |
| Equity | 10/15 | €1,491,559 | €1,721,238 | +€229,679 | +15.4% |
| Contributions | 10/11 | €109,073 | €109,073 | = | 0.0% |
| Capital | 10 | €109,073 | €109,073 | = | 0.0% |
| Issued capital | 100 | €109,073 | €109,073 | = | 0.0% |
| Reserves | 13 | €150,000 | €150,000 | = | 0.0% |
| Distributable reserves | 133 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,232,486 | €1,462,165 | +€229,679 | +18.6% |
| Amounts payable | 17/49 | €448,907 | €432,591 | -€16,316 | -3.6% |
| Amounts payable within one year | 42/48 | €448,907 | €432,591 | -€16,316 | -3.6% |
| Trade debts | 44 | €167,741 | €118,101 | -€49,640 | -29.6% |
| Suppliers | 440/4 | €167,741 | €118,101 | -€49,640 | -29.6% |
| Advances received on contracts in progress | 46 | €2,164 | €15,026 | +€12,862 | +594% |
| Taxes, remuneration and social security | 45 | €46,868 | €66,961 | +€20,093 | +42.9% |
| Taxes | 450/3 | €1,208 | €3,787 | +€2,579 | +213% |
| Remuneration and social security | 454/9 | €45,660 | €63,174 | +€17,514 | +38.4% |
| Other amounts payable | 47/48 | €232,134 | €232,503 | +€369 | +0.2% |
| Remuneration, social security and pensions | 62 | €132,892 | €48,662 | -€84,230 | -63.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,889 | €9,912 | +€2,023 | +25.6% |
| Other operating charges | 640/8 | €5,971 | €2,633 | -€3,338 | -55.9% |
| Non-recurring operating charges | 66A | €2,702 | €500 | -€2,202 | -81.5% |
| Gross operating margin | 9900 | €378,945 | €355,207 | -€23,738 | -6.3% |
| Operating profit (loss) | 9901 | €229,491 | €293,500 | +€64,009 | +27.9% |
| Financial income | 75/76B | €463 | €5,265 | +€4,802 | +1,037% |
| Recurring financial income | 75 | €463 | €5,265 | +€4,802 | +1,037% |
| Financial charges | 65/66B | €10,611 | €15,338 | +€4,727 | +44.5% |
| Recurring financial charges | 65 | €10,611 | €15,338 | +€4,727 | +44.5% |
| Profit (loss) for the period before taxes | 9903 | €219,343 | €283,427 | +€64,084 | +29.2% |
| Income taxes | 67/77 | €27,985 | €53,748 | +€25,763 | +92.1% |
| Profit (loss) for the period | 9904 | €191,358 | €229,679 | +€38,321 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €191,358 | €229,679 | +€38,321 | +20.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.