DEMIRKAN: 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.
DEMIRKAN
Largest movements
- Cash -€6,956
down €6,956 (-16.0%), from €43,406 to €36,450
mainly Trade debts (-€9,036) and Stocks and contracts (-€4,250)
- Tangible fixed assets -€6,408
down €6,408 (-57.3%), from €11,183 to €4,775
of which Plant, machinery and equipment: -€3,745
- Stocks and contracts +€4,250
up €4,250 (+1,667%), from €255 to €4,505
- Trade debts -€9,036
down €9,036 (-95.0%), from €9,511 to €475
- Other debts +€4,480
new in 2025: €4,480
- Debts after one year -€3,200
down €3,200 (-58.2%), from €5,500 to €2,300
- Tax, wage and social debts -€2,187
down €2,187 (-53.2%), from €4,113 to €1,926
of which Taxes: -€2,250
- Turnover -€10,961
down €10,961 (-3.3%), from €335,815 to €324,854
- Purchases and services -€9,740
down €9,740 (-3.1%), from €314,910 to €305,171
- Staff costs +€7,144
new in 2025: €7,144
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
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 | €59,290 | €49,322 | -€9,968 | -16.8% |
| Fixed assets | 21/28 | €12,101 | €5,143 | -€6,958 | -57.5% |
| Intangible fixed assets | 21 | €825 | €275 | -€550 | -66.7% |
| Tangible fixed assets | 22/27 | €11,183 | €4,775 | -€6,408 | -57.3% |
| Plant, machinery and equipment | 23 | €6,556 | €2,811 | -€3,745 | -57.1% |
| Furniture and vehicles | 24 | €4,628 | €1,965 | -€2,663 | -57.5% |
| Financial fixed assets | 28 | €93 | €93 | = | 0.0% |
| Current assets | 29/58 | €47,189 | €44,179 | -€3,010 | -6.4% |
| Stocks and contracts in progress | 3 | €255 | €4,505 | +€4,250 | +1,667% |
| Stocks | 30/36 | €255 | €4,505 | +€4,250 | +1,667% |
| Amounts receivable within one year | 40/41 | €3,149 | €3,160 | +€11 | +0.4% |
| Trade receivables | 40 | €953 | €953 | = | 0.0% |
| Other amounts receivable | 41 | €2,196 | €2,207 | +€11 | +0.5% |
| Cash at bank and in hand | 54/58 | €43,406 | €36,450 | -€6,956 | -16.0% |
| Deferred charges and accrued income | 490/1 | €379 | €64 | -€316 | -83.2% |
| Total equity and liabilities | 10/49 | €59,290 | €49,322 | -€9,968 | -16.8% |
| Equity | 10/15 | €39,676 | €40,141 | +€465 | +1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €410 | €410 | = | 0.0% |
| Non-distributable reserves | 130/1 | €410 | €410 | = | 0.0% |
| Reserves not available under the articles | 1311 | €410 | €410 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,665 | €21,131 | +€465 | +2.3% |
| Amounts payable | 17/49 | €19,614 | €9,181 | -€10,434 | -53.2% |
| Amounts payable after more than one year | 17 | €5,500 | €2,300 | -€3,200 | -58.2% |
| Financial debts | 170/4 | €5,500 | €2,300 | -€3,200 | -58.2% |
| Amounts payable within one year | 42/48 | €14,114 | €6,881 | -€7,234 | -51.3% |
| Current portion of amounts payable after more than one year | 42 | €490 | - | -€490 | |
| Trade debts | 44 | €9,511 | €475 | -€9,036 | -95.0% |
| Suppliers | 440/4 | €9,511 | €475 | -€9,036 | -95.0% |
| Taxes, remuneration and social security | 45 | €4,113 | €1,926 | -€2,187 | -53.2% |
| Taxes | 450/3 | €3,877 | €1,627 | -€2,250 | -58.0% |
| Remuneration and social security | 454/9 | €236 | €300 | +€63 | +26.7% |
| Other amounts payable | 47/48 | - | €4,480 | +€4,480 | |
| Turnover | 70 | €335,815 | €324,854 | -€10,961 | -3.3% |
| Non-recurring operating income | 76A | - | €36 | +€36 | |
| Goods, raw materials, services and sundry goods | 60/61 | €314,910 | €305,171 | -€9,740 | -3.1% |
| Remuneration, social security and pensions | 62 | - | €7,144 | +€7,144 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,000 | €6,958 | -€3,042 | -30.4% |
| Other operating charges | 640/8 | €2,888 | €4,763 | +€1,875 | +64.9% |
| Gross operating margin | 9900 | €20,905 | €19,720 | -€1,185 | -5.7% |
| Operating profit (loss) | 9901 | €8,018 | €855 | -€7,163 | -89.3% |
| Financial charges | 65/66B | €59 | €111 | +€52 | +86.7% |
| Recurring financial charges | 65 | €59 | €111 | +€52 | +86.7% |
| Profit (loss) for the period before taxes | 9903 | €7,958 | €744 | -€7,214 | -90.7% |
| Income taxes | 67/77 | €1,687 | €278 | -€1,409 | -83.5% |
| Profit (loss) for the period | 9904 | €6,271 | €465 | -€5,806 | -92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,271 | €465 | -€5,806 | -92.6% |
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 15 October 2026 via checked.be.