DEMIR KKC: what changed
DEMIR KKC
Largest movements
- Stocks and contracts +€8,415
up €8,415 (+54.5%), from €15,445 to €23,860
- Intangible fixed assets -€7,000
down €7,000 (-25.0%), from €28,000 to €21,000
- Receivables within one year -€5,680
down €5,680 (-50.8%), from €11,180 to €5,500
- Cash -€2,250
down €2,250 (-58.1%), from €3,871 to €1,621
mainly Stocks and contracts (-€8,415) and Debts after one year (-€8,151)
- Tangible fixed assets -€1,658
no longer reported in 2025 (was €1,658)
- Debts after one year -€8,151
down €8,151 (-15.8%), from €51,536 to €43,385
- Profit (loss) carried forward -€7,952
down €7,952 (-30.1%), from -€26,408 to -€34,360
- Trade debts +€3,896
up €3,896 (+169%), from €2,309 to €6,205
- Other debts +€2,465
new in 2025: €2,465
- Tax, wage and social debts +€1,569
up €1,569 (+20.3%), from €7,716 to €9,285
- Staff costs +€20,371
up €20,371 (+5,096%), from €400 to €20,771
- Depreciation +€3,500
up €3,500 (+67.8%), from €5,158 to €8,658
- Taxes -€2,754
no longer reported in 2025 (was €2,754)
- Gross operating margin +€1,993
up €1,993 (+9.8%), from €20,347 to €22,340
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,154 | €56,981 | -€8,173 | -12.5% |
| Fixed assets | 21/28 | €34,658 | €26,000 | -€8,658 | -25.0% |
| Intangible fixed assets | 21 | €28,000 | €21,000 | -€7,000 | -25.0% |
| Tangible fixed assets | 22/27 | €1,658 | - | -€1,658 | |
| Leasing and similar rights | 25 | €1,658 | - | -€1,658 | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €30,496 | €30,981 | +€485 | +1.6% |
| Stocks and contracts in progress | 3 | €15,445 | €23,860 | +€8,415 | +54.5% |
| Stocks | 30/36 | €15,445 | €23,860 | +€8,415 | +54.5% |
| Amounts receivable within one year | 40/41 | €11,180 | €5,500 | -€5,680 | -50.8% |
| Trade receivables | 40 | €11,180 | €5,500 | -€5,680 | -50.8% |
| Cash at bank and in hand | 54/58 | €3,871 | €1,621 | -€2,250 | -58.1% |
| Total equity and liabilities | 10/49 | €65,154 | €56,981 | -€8,173 | -12.5% |
| Equity | 10/15 | €3,592 | -€4,360 | -€7,952 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Contributions outside capital | 11 | €30,000 | €30,000 | = | 0.0% |
| Share premium | 1100/10 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,408 | -€34,360 | -€7,952 | -30.1% |
| Amounts payable | 17/49 | €61,562 | €61,341 | -€221 | -0.4% |
| Amounts payable after more than one year | 17 | €51,536 | €43,385 | -€8,151 | -15.8% |
| Financial debts | 170/4 | €51,536 | €43,385 | -€8,151 | -15.8% |
| Amounts payable within one year | 42/48 | €10,026 | €17,955 | +€7,929 | +79.1% |
| Trade debts | 44 | €2,309 | €6,205 | +€3,896 | +169% |
| Suppliers | 440/4 | €2,309 | €6,205 | +€3,896 | +169% |
| Taxes, remuneration and social security | 45 | €7,716 | €9,285 | +€1,569 | +20.3% |
| Taxes | 450/3 | €7,716 | €9,285 | +€1,569 | +20.3% |
| Other amounts payable | 47/48 | - | €2,465 | +€2,465 | |
| Remuneration, social security and pensions | 62 | €400 | €20,771 | +€20,371 | +5,096% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,158 | €8,658 | +€3,500 | +67.8% |
| Other operating charges | 640/8 | €637 | €814 | +€176 | +27.7% |
| Gross operating margin | 9900 | €20,347 | €22,340 | +€1,993 | +9.8% |
| Operating profit (loss) | 9901 | €14,152 | -€7,903 | -€22,055 | |
| Financial charges | 65/66B | €27 | €49 | +€22 | +79.8% |
| Recurring financial charges | 65 | €27 | €49 | +€22 | +79.8% |
| Profit (loss) for the period before taxes | 9903 | €14,124 | -€7,952 | -€22,077 | |
| Income taxes | 67/77 | €2,754 | - | -€2,754 | |
| Profit (loss) for the period | 9904 | €11,370 | -€7,952 | -€19,323 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,370 | -€7,952 | -€19,323 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.