DeMLo: 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.
DeMLo
Largest movements
- Cash +€19,635
up €19,635 (+100%), from €19,624 to €39,259
mainly Net result for the year (+€20,394) and Receivables within one year (+€6,153)
- Receivables within one year -€6,153
down €6,153 (-18.4%), from €33,378 to €27,225
of which Trade receivables: -€14,613
- Tangible fixed assets +€5,488
new in 2025: €5,488
- Profit (loss) carried forward +€20,394
up €20,394 (+48.5%), from €42,087 to €62,480
- Tax, wage and social debts -€2,015
down €2,015 (-66.8%), from €3,017 to €1,002
- Gross operating margin +€5,117
up €5,117 (+25.1%), from €20,415 to €25,532
- Taxes -€627
down €627 (-13.1%), from €4,789 to €4,162
- Financial charges -€416
down €416 (-56.6%), from €735 to €319
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 | €53,029 | €72,655 | +€19,625 | +37.0% |
| Fixed assets | 21/28 | - | €5,488 | +€5,488 | |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | - | €5,488 | +€5,488 | |
| Plant, machinery and equipment | 23 | - | €5,488 | +€5,488 | |
| Current assets | 29/58 | €53,029 | €67,167 | +€14,137 | +26.7% |
| Amounts receivable within one year | 40/41 | €33,378 | €27,225 | -€6,153 | -18.4% |
| Trade receivables | 40 | €32,763 | €18,150 | -€14,613 | -44.6% |
| Other amounts receivable | 41 | €615 | €9,075 | +€8,460 | +1,377% |
| Cash at bank and in hand | 54/58 | €19,624 | €39,259 | +€19,635 | +100% |
| Deferred charges and accrued income | 490/1 | €28 | €683 | +€655 | +2,338% |
| Total equity and liabilities | 10/49 | €53,029 | €72,655 | +€19,625 | +37.0% |
| Equity | 10/15 | €47,087 | €67,480 | +€20,394 | +43.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,087 | €62,480 | +€20,394 | +48.5% |
| Amounts payable | 17/49 | €5,943 | €5,174 | -€769 | -12.9% |
| Amounts payable within one year | 42/48 | €5,346 | €4,412 | -€934 | -17.5% |
| Trade debts | 44 | €545 | €951 | +€406 | +74.4% |
| Suppliers | 440/4 | €545 | €951 | +€406 | +74.4% |
| Taxes, remuneration and social security | 45 | €3,017 | €1,002 | -€2,015 | -66.8% |
| Taxes | 450/3 | €3,017 | €1,002 | -€2,015 | -66.8% |
| Other amounts payable | 47/48 | €1,784 | €2,459 | +€675 | +37.8% |
| Accrued charges and deferred income | 492/3 | €596 | €762 | +€166 | +27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €180 | +€180 | |
| Other operating charges | 640/8 | €534 | €576 | +€42 | +7.9% |
| Gross operating margin | 9900 | €20,415 | €25,532 | +€5,117 | +25.1% |
| Operating profit (loss) | 9901 | €19,881 | €24,775 | +€4,894 | +24.6% |
| Financial income | 75/76B | - | €100 | +€100 | |
| Recurring financial income | 75 | - | €100 | +€100 | |
| Financial charges | 65/66B | €735 | €319 | -€416 | -56.6% |
| Recurring financial charges | 65 | €735 | €319 | -€416 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €19,146 | €24,556 | +€5,410 | +28.3% |
| Income taxes | 67/77 | €4,789 | €4,162 | -€627 | -13.1% |
| Profit (loss) for the period | 9904 | €14,357 | €20,394 | +€6,037 | +42.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,357 | €20,394 | +€6,037 | +42.0% |
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 14 October 2026 via checked.be.