DEMICH: what changed
What changed
DEMICH
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
-€110,343
2024 · €1.7m-€1.8m
Equity
€3.0m
2024 · €3.2m-€110,343
Cash
€24,767
2024 · €33,649-€8,882
Balance sheet total
€6.3m
2024 · €6.5m-€200,339
Largest movements
Assets
- Receivables within one year -€202,025
down €202,025 (-24.8%), from €814,283 to €612,258
of which Trade receivables: -€207,025
Equity and liabilities
- Debts after one year +€2.8m
new in 2025: €2.8m
- Other debts -€2.8m
down €2.8m (-86.2%), from €3.3m to €450,000
- Profit (loss) carried forward -€110,343
down €110,343 (-6.6%), from €1.7m to €1.6m
- Tax, wage and social debts -€92,496
down €92,496 (-100%), from €92,496 to €0
Income statement
- Financial income -€1.4m
down €1.4m (-99.2%), from €1.4m to €10,568
- Turnover -€680,280
down €680,280 (-74.5%), from €912,990 to €232,710
- Services and other goods -€197,485
down €197,485 (-35.9%), from €550,636 to €353,151
- Taxes -€92,496
down €92,496 (-100%), from €92,496 to €0
- Other operating income -€29,433
down €29,433 (-100%), from €29,433 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.7m
Turnover
-€680,280
Other operating income
-€29,433
Services and other goods
+€197,485
Other operating charges
+€422
Financial income
-€1.4m
Financial charges
+€20,909
Taxes
+€92,496
Result 2025
-€110,343
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€2.8m
Investment
€0
Financing
+€2.8m
Cash 2024
€33,649
From operations (derived)
-€2.8m
Net result for the year
-€110,343
Receivables within one year
+€202,025
Deferred charges and accrued income
-€10,568
Trade debts
+€2,500
Tax, wage and social debts
-€92,496
Other debts
-€2.8m
Financing
+€2.8m
Debts after one year
+€2.8m
Cash 2025
€24,767
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,548,806 | €6,348,467 | -€200,339 | -3.1% |
| Fixed assets | 21/28 | €5,700,000 | €5,700,000 | = | 0.0% |
| Financial fixed assets | 28 | €5,700,000 | €5,700,000 | = | 0.0% |
| Affiliated companies | 280/1 | €5,700,000 | €5,700,000 | = | 0.0% |
| Participating interests | 280 | €5,700,000 | €5,700,000 | = | 0.0% |
| Current assets | 29/58 | €848,806 | €648,467 | -€200,339 | -23.6% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €814,283 | €612,258 | -€202,025 | -24.8% |
| Trade receivables | 40 | €408,240 | €201,215 | -€207,025 | -50.7% |
| Other amounts receivable | 41 | €406,043 | €411,043 | +€5,000 | +1.2% |
| Cash at bank and in hand | 54/58 | €33,649 | €24,767 | -€8,882 | -26.4% |
| Deferred charges and accrued income | 490/1 | €874 | €11,442 | +€10,568 | +1,209% |
| Total equity and liabilities | 10/49 | €6,548,806 | €6,348,467 | -€200,339 | -3.1% |
| Equity | 10/15 | €3,159,489 | €3,049,146 | -€110,343 | -3.5% |
| Contributions | 10/11 | €1,482,000 | €1,482,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,677,489 | €1,567,146 | -€110,343 | -6.6% |
| Amounts payable | 17/49 | €3,389,318 | €3,299,321 | -€89,996 | -2.7% |
| Amounts payable after more than one year | 17 | - | €2,812,000 | +€2.8m | |
| Other amounts payable | 178/9 | - | €2,812,000 | +€2.8m | |
| Amounts payable within one year | 42/48 | €3,389,318 | €487,321 | -€2.9m | -85.6% |
| Trade debts | 44 | €34,821 | €37,321 | +€2,500 | +7.2% |
| Suppliers | 440/4 | €34,821 | €37,321 | +€2,500 | +7.2% |
| Taxes, remuneration and social security | 45 | €92,496 | €0 | -€92,496 | -100% |
| Taxes | 450/3 | €92,496 | €0 | -€92,496 | -100% |
| Other amounts payable | 47/48 | €3,262,000 | €450,000 | -€2.8m | -86.2% |
| Operating income | 70/76A | €942,423 | €232,710 | -€709,713 | -75.3% |
| Turnover | 70 | €912,990 | €232,710 | -€680,280 | -74.5% |
| Other operating income | 74 | €29,433 | €0 | -€29,433 | -100% |
| Operating charges | 60/66A | €551,492 | €353,584 | -€197,908 | -35.9% |
| Services and other goods | 61 | €550,636 | €353,151 | -€197,485 | -35.9% |
| Other operating charges | 640/8 | €856 | €433 | -€422 | -49.4% |
| Operating profit (loss) | 9901 | €390,931 | -€120,874 | -€511,805 | |
| Financial income | 75/76B | €1,400,000 | €10,568 | -€1.4m | -99.2% |
| Recurring financial income | 75 | €1,400,000 | €10,568 | -€1.4m | -99.2% |
| Income from financial fixed assets | 750 | €1,400,000 | - | -€1.4m | |
| Income from current assets | 751 | - | €10,568 | +€10,568 | |
| Financial charges | 65/66B | €20,946 | €37 | -€20,909 | -99.8% |
| Recurring financial charges | 65 | €20,946 | €37 | -€20,909 | -99.8% |
| Debt charges | 650 | €20,480 | €0 | -€20,480 | -100% |
| Other financial charges | 652/9 | €466 | €37 | -€430 | -92.1% |
| Profit (loss) for the period before taxes | 9903 | €1,769,985 | -€110,343 | -€1.9m | |
| Income taxes | 67/77 | €92,496 | €0 | -€92,496 | -100% |
| Taxes | 670/3 | €92,496 | €0 | -€92,496 | -100% |
| Profit (loss) for the period | 9904 | €1,677,489 | -€110,343 | -€1.8m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,677,489 | -€110,343 | -€1.8m |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.