DeMiBo: 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.
DeMiBo
Largest movements
- Cash -€14,578
down €14,578 (-79.1%), from €18,429 to €3,851
mainly Contributions, distributions and other (-€40,000) and Trade debts (-€17,458)
- Receivables within one year -€13,831
down €13,831 (-48.3%), from €28,651 to €14,820
of which Trade receivables: -€12,349
- Tangible fixed assets -€12,266
down €12,266 (-50.1%), from €24,474 to €12,208
of which Furniture and vehicles: -€11,230
- Stocks and contracts -€10,660
down €10,660 (-16.6%), from €64,185 to €53,525
- Deferred charges and accrued income -€2,000
no longer reported in 2025 (was €2,000)
- Reserves -€40,000
down €40,000 (-63.5%), from €63,000 to €23,000
- Trade debts -€17,458
down €17,458 (-43.4%), from €40,260 to €22,802
- Other debts +€4,623
up €4,623 (+34.3%), from €13,466 to €18,089
- Gross operating margin +€19,479
up €19,479, from -€4,895 to €14,585
- Depreciation +€11,141
up €11,141 (+989.7%), from €1,126 to €12,266
- Financial charges +€353
up €353 (+272.9%), from €129 to €482
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 | €137,739 | €84,404 | -€53,335 | -38.7% |
| Fixed assets | 21/28 | €24,474 | €12,208 | -€12,266 | -50.1% |
| Tangible fixed assets | 22/27 | €24,474 | €12,208 | -€12,266 | -50.1% |
| Plant, machinery and equipment | 23 | €2,005 | €968 | -€1,037 | -51.7% |
| Furniture and vehicles | 24 | €22,469 | €11,240 | -€11,230 | -50.0% |
| Current assets | 29/58 | €113,265 | €72,196 | -€41,069 | -36.3% |
| Stocks and contracts in progress | 3 | €64,185 | €53,525 | -€10,660 | -16.6% |
| Stocks | 30/36 | €64,185 | €53,525 | -€10,660 | -16.6% |
| Amounts receivable within one year | 40/41 | €28,651 | €14,820 | -€13,831 | -48.3% |
| Trade receivables | 40 | €26,651 | €14,302 | -€12,349 | -46.3% |
| Other amounts receivable | 41 | €2,000 | €519 | -€1,481 | -74.1% |
| Cash at bank and in hand | 54/58 | €18,429 | €3,851 | -€14,578 | -79.1% |
| Deferred charges and accrued income | 490/1 | €2,000 | - | -€2,000 | |
| Total equity and liabilities | 10/49 | €137,739 | €84,404 | -€53,335 | -38.7% |
| Equity | 10/15 | €74,180 | €34,882 | -€39,298 | -53.0% |
| Contributions | 10/11 | €17,500 | €17,500 | = | 0.0% |
| Reserves | 13 | €63,000 | €23,000 | -€40,000 | -63.5% |
| Distributable reserves | 133 | €63,000 | €23,000 | -€40,000 | -63.5% |
| Profit (loss) carried forward | 14 | -€6,320 | -€5,618 | +€702 | +11.1% |
| Amounts payable | 17/49 | €63,559 | €49,522 | -€14,037 | -22.1% |
| Amounts payable within one year | 42/48 | €63,559 | €49,522 | -€14,037 | -22.1% |
| Trade debts | 44 | €40,260 | €22,802 | -€17,458 | -43.4% |
| Suppliers | 440/4 | €40,260 | €22,802 | -€17,458 | -43.4% |
| Taxes, remuneration and social security | 45 | €9,833 | €8,631 | -€1,202 | -12.2% |
| Taxes | 450/3 | €9,833 | €8,631 | -€1,202 | -12.2% |
| Other amounts payable | 47/48 | €13,466 | €18,089 | +€4,623 | +34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,126 | €12,266 | +€11,141 | +989.7% |
| Other operating charges | 640/8 | €1,166 | €1,135 | -€31 | -2.7% |
| Gross operating margin | 9900 | -€4,895 | €14,585 | +€19,479 | |
| Operating profit (loss) | 9901 | -€7,186 | €1,184 | +€8,370 | |
| Financial charges | 65/66B | €129 | €482 | +€353 | +272.9% |
| Recurring financial charges | 65 | €129 | €482 | +€353 | +272.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,316 | €702 | +€8,018 | |
| Profit (loss) for the period | 9904 | -€7,316 | €702 | +€8,018 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,316 | €702 | +€8,018 |
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 6 October 2026 via checked.be.