DEMMLER 1: 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.
DEMMLER 1
Largest movements
- Receivables after one year +€40,000
up €40,000 (+79.1%), from €50,550 to €90,550
- Financial fixed assets +€5,000
up €5,000 (+100%), from €5,000 to €10,000
- Cash +€3,645
up €3,645 (+338%), from €1,077 to €4,721
mainly Other debts (+€47,615) and Depreciation (+€3,223)
- Tangible fixed assets -€3,223
no longer reported in 2025 (was €3,223)
- Other debts +€47,615
up €47,615 (+104%), from €45,993 to €93,608
- Profit (loss) carried forward -€2,528
down €2,528 (-8.3%), from -€30,394 to -€32,921
- Depreciation -€4,327
down €4,327 (-57.3%), from €7,550 to €3,223
- Gross operating margin +€3,040
up €3,040 (+53.5%), from -€5,686 to -€2,646
- Financial income +€1,861
up €1,861 (+106%), from €1,755 to €3,616
- Other operating charges -€86
down €86 (-28.9%), from €299 to €212
- Financial charges -€72
down €72 (-53.7%), from €135 to €63
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 | €60,120 | €105,331 | +€45,211 | +75.2% |
| Fixed assets | 21/28 | €8,223 | €10,000 | +€1,777 | +21.6% |
| Tangible fixed assets | 22/27 | €3,223 | - | -€3,223 | |
| Furniture and vehicles | 24 | €3,223 | - | -€3,223 | |
| Financial fixed assets | 28 | €5,000 | €10,000 | +€5,000 | +100% |
| Current assets | 29/58 | €51,897 | €95,331 | +€43,434 | +83.7% |
| Amounts receivable after more than one year | 29 | €50,550 | €90,550 | +€40,000 | +79.1% |
| Other amounts receivable | 291 | €50,550 | €90,550 | +€40,000 | +79.1% |
| Amounts receivable within one year | 40/41 | €270 | €59 | -€211 | -78.1% |
| Other amounts receivable | 41 | €270 | €59 | -€211 | -78.1% |
| Cash at bank and in hand | 54/58 | €1,077 | €4,721 | +€3,645 | +338% |
| Total equity and liabilities | 10/49 | €60,120 | €105,331 | +€45,211 | +75.2% |
| Equity | 10/15 | -€27,894 | -€30,421 | -€2,528 | -9.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,394 | -€32,921 | -€2,528 | -8.3% |
| Amounts payable | 17/49 | €88,013 | €135,752 | +€47,739 | +54.2% |
| Amounts payable after more than one year | 17 | €41,500 | €41,500 | = | 0.0% |
| Other amounts payable | 178/9 | €41,500 | €41,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €46,513 | €94,252 | +€47,739 | +103% |
| Trade debts | 44 | €521 | €644 | +€123 | +23.7% |
| Suppliers | 440/4 | €521 | €644 | +€123 | +23.7% |
| Other amounts payable | 47/48 | €45,993 | €93,608 | +€47,615 | +104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,550 | €3,223 | -€4,327 | -57.3% |
| Other operating charges | 640/8 | €299 | €212 | -€86 | -28.9% |
| Gross operating margin | 9900 | -€5,686 | -€2,646 | +€3,040 | +53.5% |
| Operating profit (loss) | 9901 | -€13,535 | -€6,081 | +€7,454 | +55.1% |
| Financial income | 75/76B | €1,755 | €3,616 | +€1,861 | +106% |
| Recurring financial income | 75 | €1,755 | €3,616 | +€1,861 | +106% |
| Financial charges | 65/66B | €135 | €63 | -€72 | -53.7% |
| Recurring financial charges | 65 | €135 | €63 | -€72 | -53.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,915 | -€2,528 | +€9,387 | +78.8% |
| Profit (loss) for the period | 9904 | -€11,915 | -€2,528 | +€9,387 | +78.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,915 | -€2,528 | +€9,387 | +78.8% |
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.