DEMO TERRE: 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.
DEMO TERRE
Largest movements
- Tangible fixed assets -€39,097
down €39,097 (-29.6%), from €131,891 to €92,793
- Receivables within one year +€12,780
up €12,780 (+17.9%), from €71,196 to €83,976
of which Other amounts receivable: +€16,070
- Trade debts +€66,616
up €66,616 (+1331.7%), from €5,002 to €71,618
- Profit (loss) carried forward -€64,654
down €64,654 (-40.5%), from €159,809 to €95,155
- Other debts -€29,184
no longer reported in 2023 (was €29,184)
- Turnover -€312,322
down €312,322 (-86.3%), from €362,086 to €49,764
- Gross operating margin -€166,201
down €166,201 (-93.1%), from €178,450 to €12,249
- Purchases and services -€149,687
down €149,687 (-80.0%), from €187,202 to €37,515
- Depreciation +€25,688
up €25,688 (+191.6%), from €13,409 to €39,097
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €203,996 | €176,773 | -€27,222 | -13.3% |
| Fixed assets | 21/28 | €131,891 | €92,793 | -€39,097 | -29.6% |
| Tangible fixed assets | 22/27 | €131,891 | €92,793 | -€39,097 | -29.6% |
| Furniture and vehicles | 24 | €131,891 | €92,793 | -€39,097 | -29.6% |
| Current assets | 29/58 | €72,105 | €83,980 | +€11,875 | +16.5% |
| Amounts receivable within one year | 40/41 | €71,196 | €83,976 | +€12,780 | +17.9% |
| Trade receivables | 40 | €55,891 | €52,601 | -€3,290 | -5.9% |
| Other amounts receivable | 41 | €15,305 | €31,375 | +€16,070 | +105.0% |
| Cash at bank and in hand | 54/58 | €5 | €4 | -€1 | -15.6% |
| Deferred charges and accrued income | 490/1 | €904 | - | -€904 | |
| Total equity and liabilities | 10/49 | €203,996 | €176,773 | -€27,222 | -13.3% |
| Equity | 10/15 | €169,809 | €105,155 | -€64,654 | -38.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €159,809 | €95,155 | -€64,654 | -40.5% |
| Amounts payable | 17/49 | €34,186 | €71,618 | +€37,432 | +109.5% |
| Amounts payable within one year | 42/48 | €34,186 | €71,618 | +€37,432 | +109.5% |
| Trade debts | 44 | €5,002 | €71,618 | +€66,616 | +1331.7% |
| Suppliers | 440/4 | €5,002 | €71,618 | +€66,616 | +1331.7% |
| Other amounts payable | 47/48 | €29,184 | - | -€29,184 | |
| Turnover | 70 | €362,086 | €49,764 | -€312,322 | -86.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €187,202 | €37,515 | -€149,687 | -80.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,409 | €39,097 | +€25,688 | +191.6% |
| Other operating charges | 640/8 | €1,527 | €223 | -€1,304 | -85.4% |
| Non-recurring operating charges | 66A | €3,616 | - | -€3,616 | |
| Gross operating margin | 9900 | €178,450 | €12,249 | -€166,201 | -93.1% |
| Operating profit (loss) | 9901 | €159,897 | -€27,071 | -€186,968 | |
| Financial charges | 65/66B | €88 | €217 | +€129 | +146.3% |
| Recurring financial charges | 65 | €88 | €217 | +€129 | +146.3% |
| Profit (loss) for the period before taxes | 9903 | €159,809 | -€27,288 | -€187,097 | |
| Profit (loss) for the period | 9904 | €159,809 | -€27,288 | -€187,097 | |
| Profit (loss) for the period to be appropriated | 9905 | €159,809 | -€27,288 | -€187,097 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.