DEMIS: what changed
Two fiscal 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.
DEMIS
Largest movements
- Tangible fixed assets -€13,232
down €13,232 (-4.3%), from €310,040 to €296,808
of which Land and buildings: -€13,149
- Receivables within one year -€7,677
down €7,677 (-29.9%), from €25,677 to €18,000
of which Other amounts receivable: -€7,677
- Profit (loss) carried forward -€12,260
down €12,260 (-19.0%), from -€64,630 to -€76,890
- Other debts -€9,406
down €9,406 (-2.5%), from €371,580 to €362,174
- Gross operating margin -€7,001
down €7,001 (-50.5%), from €13,873 to €6,872
- Financial income -€688
no longer reported in 2025 (was €688)
of which Financial income: -€452
- Financial charges -€299
down €299 (-90.9%), from €329 to €30
- Depreciation -€167
down €167 (-1.0%), from €16,483 to €16,317
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 | €407,710 | €386,197 | -€21,514 | -5.3% |
| Fixed assets | 21/28 | €378,935 | €365,703 | -€13,232 | -3.5% |
| Tangible fixed assets | 22/27 | €310,040 | €296,808 | -€13,232 | -4.3% |
| Land and buildings | 22 | €309,958 | €296,808 | -€13,149 | -4.2% |
| Plant, machinery and equipment | 23 | €82 | - | -€82 | |
| Financial fixed assets | 28 | €68,895 | €68,895 | = | 0.0% |
| Current assets | 29/58 | €28,775 | €20,493 | -€8,282 | -28.8% |
| Amounts receivable within one year | 40/41 | €25,677 | €18,000 | -€7,677 | -29.9% |
| Trade receivables | 40 | €18,000 | €18,000 | = | 0.0% |
| Other amounts receivable | 41 | €7,677 | - | -€7,677 | |
| Cash at bank and in hand | 54/58 | €3,099 | €2,493 | -€605 | -19.5% |
| Total equity and liabilities | 10/49 | €407,710 | €386,197 | -€21,514 | -5.3% |
| Equity | 10/15 | €34,915 | €22,655 | -€12,260 | -35.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €13,089 | €13,089 | = | 0.0% |
| Reserves | 13 | €24,456 | €24,456 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,956 | €3,956 | = | 0.0% |
| Legal reserve | 130 | €3,956 | €3,956 | = | 0.0% |
| Distributable reserves | 133 | €20,500 | €20,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,630 | -€76,890 | -€12,260 | -19.0% |
| Amounts payable | 17/49 | €372,795 | €363,542 | -€9,253 | -2.5% |
| Amounts payable within one year | 42/48 | €372,795 | €363,542 | -€9,253 | -2.5% |
| Trade debts | 44 | €1,048 | €1,368 | +€320 | +30.5% |
| Suppliers | 440/4 | €1,048 | €1,368 | +€320 | +30.5% |
| Taxes, remuneration and social security | 45 | €168 | - | -€168 | |
| Taxes | 450/3 | €168 | - | -€168 | |
| Other amounts payable | 47/48 | €371,580 | €362,174 | -€9,406 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,483 | €16,317 | -€167 | -1.0% |
| Other operating charges | 640/8 | €2,904 | €2,786 | -€118 | -4.1% |
| Gross operating margin | 9900 | €13,873 | €6,872 | -€7,001 | -50.5% |
| Operating profit (loss) | 9901 | -€5,514 | -€12,230 | -€6,716 | -121.8% |
| Financial income | 75/76B | €688 | - | -€688 | |
| Recurring financial income | 75 | €452 | - | -€452 | |
| Non-recurring financial income | 76B | €236 | - | -€236 | |
| Financial charges | 65/66B | €329 | €30 | -€299 | -90.9% |
| Recurring financial charges | 65 | €329 | €30 | -€299 | -90.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,155 | -€12,260 | -€7,105 | -137.8% |
| Profit (loss) for the period | 9904 | -€5,155 | -€12,260 | -€7,105 | -137.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,155 | -€12,260 | -€7,105 | -137.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.