DEMIN: 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.
DEMIN
Largest movements
- Stocks and contracts +€506,703
new in 2024: €506,703
- Receivables after one year +€160,000
new in 2024: €160,000
- Receivables within one year +€84,413
up €84,413 (+19492.8%), from €433 to €84,846
of which Trade receivables: +€63,563
- Cash -€78,625
down €78,625 (-96.7%), from €81,285 to €2,660
mainly Stocks and contracts (-€506,703) and Receivables after one year (-€160,000)
- Tangible fixed assets +€76,094
new in 2024: €76,094
- Current portion of long-term debt +€292,156
new in 2024: €292,156
- Debts after one year +€285,844
new in 2024: €285,844
- Other debts +€77,010
new in 2024: €77,010
- Profit (loss) carried forward +€43,896
up €43,896 (+111.5%), from €39,359 to €83,255
- Tax, wage and social debts +€29,049
up €29,049 (+142.4%), from €20,402 to €49,451
of which Taxes: +€27,349
- Gross operating margin +€14,368
up €14,368 (+29.2%), from €49,199 to €63,568
- Taxes +€5,221
up €5,221 (+53.1%), from €9,840 to €15,060
- Financial charges +€3,838
up €3,838 (+383828.0%), from €1 to €3,839
- Other operating charges +€772
new in 2024: €772
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,718 | €830,503 | +€748,785 | +916.3% |
| Fixed assets | 21/28 | - | €76,094 | +€76,094 | |
| Tangible fixed assets | 22/27 | - | €76,094 | +€76,094 | |
| Assets under construction and advance payments | 27 | - | €76,094 | +€76,094 | |
| Current assets | 29/58 | €81,718 | €754,409 | +€672,691 | +823.2% |
| Amounts receivable after more than one year | 29 | - | €160,000 | +€160,000 | |
| Other amounts receivable | 291 | - | €160,000 | +€160,000 | |
| Stocks and contracts in progress | 3 | - | €506,703 | +€506,703 | |
| Stocks | 30/36 | - | €506,703 | +€506,703 | |
| Amounts receivable within one year | 40/41 | €433 | €84,846 | +€84,413 | +19492.8% |
| Trade receivables | 40 | - | €63,563 | +€63,563 | |
| Other amounts receivable | 41 | €433 | €21,284 | +€20,850 | +4814.8% |
| Cash at bank and in hand | 54/58 | €81,285 | €2,660 | -€78,625 | -96.7% |
| Deferred charges and accrued income | 490/1 | - | €200 | +€200 | |
| Total equity and liabilities | 10/49 | €81,718 | €830,503 | +€748,785 | +916.3% |
| Equity | 10/15 | €59,359 | €103,255 | +€43,896 | +74.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,359 | €83,255 | +€43,896 | +111.5% |
| Amounts payable | 17/49 | €22,359 | €727,249 | +€704,889 | +3152.5% |
| Amounts payable after more than one year | 17 | - | €285,844 | +€285,844 | |
| Financial debts | 170/4 | - | €285,844 | +€285,844 | |
| Amounts payable within one year | 42/48 | €22,359 | €438,971 | +€416,612 | +1863.2% |
| Current portion of amounts payable after more than one year | 42 | - | €292,156 | +€292,156 | |
| Trade debts | 44 | €1,957 | €20,354 | +€18,397 | +940.0% |
| Suppliers | 440/4 | €1,957 | €20,354 | +€18,397 | +940.0% |
| Taxes, remuneration and social security | 45 | €20,402 | €49,451 | +€29,049 | +142.4% |
| Taxes | 450/3 | €20,402 | €47,751 | +€27,349 | +134.0% |
| Remuneration and social security | 454/9 | - | €1,700 | +€1,700 | |
| Other amounts payable | 47/48 | - | €77,010 | +€77,010 | |
| Accrued charges and deferred income | 492/3 | - | €2,434 | +€2,434 | |
| Other operating charges | 640/8 | - | €772 | +€772 | |
| Gross operating margin | 9900 | €49,199 | €63,568 | +€14,368 | +29.2% |
| Operating profit (loss) | 9901 | €49,199 | €62,796 | +€13,596 | +27.6% |
| Financial charges | 65/66B | €1 | €3,839 | +€3,838 | +383828.0% |
| Recurring financial charges | 65 | €1 | €3,839 | +€3,838 | +383828.0% |
| Profit (loss) for the period before taxes | 9903 | €49,198 | €58,956 | +€9,758 | +19.8% |
| Income taxes | 67/77 | €9,840 | €15,060 | +€5,221 | +53.1% |
| Profit (loss) for the period | 9904 | €39,359 | €43,896 | +€4,537 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,359 | €43,896 | +€4,537 | +11.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.