DEMIER: 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.
DEMIER
Largest movements
- Cash -€61,819
down €61,819 (-70.5%), from €87,644 to €25,825
mainly Receivables within one year (-€42,161) and Investment in fixed assets (net) (-€18,593)
- Receivables within one year +€42,161
up €42,161 (+36.8%), from €114,635 to €156,796
of which Trade receivables: +€26,667
- Tangible fixed assets +€11,775
up €11,775 (+38.1%), from €30,924 to €42,700
of which Other tangible fixed assets: +€12,567
- Tax, wage and social debts -€14,816
down €14,816 (-29.9%), from €49,506 to €34,690
of which Taxes: -€13,855
- Accrued charges and deferred income +€9,450
up €9,450 (+98.4%), from €9,600 to €19,050
- Staff costs +€62,015
up €62,015 (+32.8%), from €188,918 to €250,933
- Taxes -€13,854
down €13,854 (-77.9%), from €17,773 to €3,919
- Other operating charges +€9,809
up €9,809 (+294.3%), from €3,333 to €13,142
- Gross operating margin +€8,483
up €8,483 (+3.2%), from €267,363 to €275,846
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 | €233,803 | €225,920 | -€7,883 | -3.4% |
| Fixed assets | 21/28 | €31,524 | €43,300 | +€11,775 | +37.4% |
| Tangible fixed assets | 22/27 | €30,924 | €42,700 | +€11,775 | +38.1% |
| Plant, machinery and equipment | 23 | €1,843 | €4,615 | +€2,772 | +150.4% |
| Furniture and vehicles | 24 | €3,983 | €419 | -€3,564 | -89.5% |
| Other tangible fixed assets | 26 | €25,098 | €37,665 | +€12,567 | +50.1% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €202,279 | €182,621 | -€19,658 | -9.7% |
| Amounts receivable within one year | 40/41 | €114,635 | €156,796 | +€42,161 | +36.8% |
| Trade receivables | 40 | €96,823 | €123,490 | +€26,667 | +27.5% |
| Other amounts receivable | 41 | €17,812 | €33,305 | +€15,494 | +87.0% |
| Cash at bank and in hand | 54/58 | €87,644 | €25,825 | -€61,819 | -70.5% |
| Total equity and liabilities | 10/49 | €233,803 | €225,920 | -€7,883 | -3.4% |
| Equity | 10/15 | €126,855 | €126,521 | -€334 | -0.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,855 | €116,521 | -€334 | -0.3% |
| Amounts payable | 17/49 | €106,948 | €99,399 | -€7,549 | -7.1% |
| Amounts payable within one year | 42/48 | €97,348 | €80,349 | -€16,999 | -17.5% |
| Trade debts | 44 | €47,842 | €45,659 | -€2,183 | -4.6% |
| Suppliers | 440/4 | €47,842 | €45,659 | -€2,183 | -4.6% |
| Taxes, remuneration and social security | 45 | €49,506 | €34,690 | -€14,816 | -29.9% |
| Taxes | 450/3 | €17,775 | €3,920 | -€13,855 | -77.9% |
| Remuneration and social security | 454/9 | €31,731 | €30,770 | -€961 | -3.0% |
| Accrued charges and deferred income | 492/3 | €9,600 | €19,050 | +€9,450 | +98.4% |
| Remuneration, social security and pensions | 62 | €188,918 | €250,933 | +€62,015 | +32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,217 | €6,818 | -€2,400 | -26.0% |
| Other operating charges | 640/8 | €3,333 | €13,142 | +€9,809 | +294.3% |
| Gross operating margin | 9900 | €267,363 | €275,846 | +€8,483 | +3.2% |
| Operating profit (loss) | 9901 | €65,895 | €4,954 | -€60,941 | -92.5% |
| Financial income | 75/76B | €387 | €1,125 | +€738 | +190.7% |
| Recurring financial income | 75 | €387 | €1,125 | +€738 | +190.7% |
| Financial charges | 65/66B | €927 | €2,493 | +€1,566 | +169.0% |
| Recurring financial charges | 65 | €927 | €419 | -€508 | -54.8% |
| Non-recurring financial charges | 66B | - | €2,075 | +€2,075 | |
| Profit (loss) for the period before taxes | 9903 | €65,354 | €3,585 | -€61,769 | -94.5% |
| Income taxes | 67/77 | €17,773 | €3,919 | -€13,854 | -77.9% |
| Profit (loss) for the period | 9904 | €47,581 | -€334 | -€47,916 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,581 | -€334 | -€47,916 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.