DEMIRCI: 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.
DEMIRCI
Largest movements
- Receivables within one year -€9,709
down €9,709 (-14.5%), from €66,923 to €57,214
of which Other amounts receivable: -€5,483
- Reserves -€17,840
no longer reported in 2025 (was €17,840)
- Profit (loss) carried forward +€3,985
up €3,985 (+11.7%), from €34,098 to €38,084
- Short-term financial debts +€3,198
up €3,198 (+84.5%), from €3,783 to €6,981
- Gross operating margin -€7,482
down €7,482 (-40.8%), from €18,321 to €10,839
- Other operating charges -€6,387
down €6,387 (-80.9%), from €7,896 to €1,509
- Financial income +€2,257
new in 2025: €2,257
- Financial charges -€2,013
down €2,013 (-52.5%), from €3,834 to €1,821
- Staff costs +€554
up €554 (+15.2%), from €3,642 to €4,196
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,573 | €58,864 | -€9,709 | -14.2% |
| Fixed assets | 21/28 | €1,650 | €1,650 | = | 0.0% |
| Financial fixed assets | 28 | €1,650 | €1,650 | = | 0.0% |
| Current assets | 29/58 | €66,923 | €57,214 | -€9,709 | -14.5% |
| Amounts receivable within one year | 40/41 | €66,923 | €57,214 | -€9,709 | -14.5% |
| Trade receivables | 40 | €32,761 | €28,535 | -€4,226 | -12.9% |
| Other amounts receivable | 41 | €34,162 | €28,679 | -€5,483 | -16.0% |
| Total equity and liabilities | 10/49 | €68,573 | €58,864 | -€9,709 | -14.2% |
| Equity | 10/15 | €52,938 | €39,084 | -€13,855 | -26.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €17,840 | - | -€17,840 | |
| Distributable reserves | 133 | €17,840 | - | -€17,840 | |
| Profit (loss) carried forward | 14 | €34,098 | €38,084 | +€3,985 | +11.7% |
| Amounts payable | 17/49 | €15,634 | €19,780 | +€4,146 | +26.5% |
| Amounts payable within one year | 42/48 | €15,634 | €19,780 | +€4,146 | +26.5% |
| Financial debts | 43 | €3,783 | €6,981 | +€3,198 | +84.5% |
| Credit institutions | 430/8 | €3,783 | €6,981 | +€3,198 | +84.5% |
| Trade debts | 44 | €6,373 | €7,047 | +€675 | +10.6% |
| Suppliers | 440/4 | €6,373 | €7,047 | +€675 | +10.6% |
| Taxes, remuneration and social security | 45 | €5,479 | €5,752 | +€273 | +5.0% |
| Taxes | 450/3 | €5,479 | €4,168 | -€1,311 | -23.9% |
| Remuneration and social security | 454/9 | - | €1,584 | +€1,584 | |
| Remuneration, social security and pensions | 62 | €3,642 | €4,196 | +€554 | +15.2% |
| Other operating charges | 640/8 | €7,896 | €1,509 | -€6,387 | -80.9% |
| Gross operating margin | 9900 | €18,321 | €10,839 | -€7,482 | -40.8% |
| Operating profit (loss) | 9901 | €6,782 | €5,134 | -€1,648 | -24.3% |
| Financial income | 75/76B | - | €2,257 | +€2,257 | |
| Recurring financial income | 75 | - | €2,257 | +€2,257 | |
| Financial charges | 65/66B | €3,834 | €1,821 | -€2,013 | -52.5% |
| Recurring financial charges | 65 | €3,834 | €1,821 | -€2,013 | -52.5% |
| Profit (loss) for the period before taxes | 9903 | €2,948 | €5,570 | +€2,622 | +88.9% |
| Income taxes | 67/77 | €1,274 | €1,585 | +€311 | +24.4% |
| Profit (loss) for the period | 9904 | €1,674 | €3,985 | +€2,311 | +138% |
| Profit (loss) for the period to be appropriated | 9905 | €1,674 | €3,985 | +€2,311 | +138% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.