DEMOLDER-B: 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.
DEMOLDER-B
Largest movements
- Current investments -€300,000
no longer reported in 2025 (was €300,000)
- Cash +€288,397
up €288,397 (+449%), from €64,217 to €352,615
mainly Current investments (+€300,000) and Depreciation (+€65,756)
- Tangible fixed assets -€54,228
down €54,228 (-12.8%), from €423,017 to €368,790
of which Land and buildings: -€32,070
- Receivables within one year -€15,029
down €15,029 (-78.7%), from €19,095 to €4,067
of which Other amounts receivable: -€7,750
- Debts after one year -€36,815
down €36,815 (-20.0%), from €184,356 to €147,542
- Tax, wage and social debts -€18,451
no longer reported in 2025 (was €18,451)
- Other debts -€18,000
down €18,000 (-12.1%), from €149,339 to €131,340
- Reserves -€11,608
down €11,608 (-2.9%), from €399,991 to €388,383
of which Distributable reserves: -€11,608
- Gross operating margin -€81,442
down €81,442 (-60.6%), from €134,286 to €52,844
- Taxes -€25,128
down €25,128 (-98.8%), from €25,438 to €310
- Financial income +€7,499
new in 2025: €7,499
- Depreciation +€6,150
up €6,150 (+10.3%), from €59,606 to €65,756
- Other operating charges -€3,098
down €3,098 (-47.1%), from €6,578 to €3,480
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 | €807,211 | €726,699 | -€80,512 | -10.0% |
| Fixed assets | 21/28 | €423,017 | €368,790 | -€54,228 | -12.8% |
| Tangible fixed assets | 22/27 | €423,017 | €368,790 | -€54,228 | -12.8% |
| Land and buildings | 22 | €277,801 | €245,731 | -€32,070 | -11.5% |
| Plant, machinery and equipment | 23 | €72,416 | €61,799 | -€10,617 | -14.7% |
| Furniture and vehicles | 24 | €72,800 | €61,260 | -€11,541 | -15.9% |
| Current assets | 29/58 | €384,194 | €357,909 | -€26,284 | -6.8% |
| Amounts receivable within one year | 40/41 | €19,095 | €4,067 | -€15,029 | -78.7% |
| Trade receivables | 40 | €7,279 | - | -€7,279 | |
| Other amounts receivable | 41 | €11,816 | €4,067 | -€7,750 | -65.6% |
| Current investments | 50/53 | €300,000 | - | -€300,000 | |
| Cash at bank and in hand | 54/58 | €64,217 | €352,615 | +€288,397 | +449% |
| Deferred charges and accrued income | 490/1 | €881 | €1,228 | +€347 | +39.4% |
| Total equity and liabilities | 10/49 | €807,211 | €726,699 | -€80,512 | -10.0% |
| Equity | 10/15 | €418,591 | €406,983 | -€11,608 | -2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €399,991 | €388,383 | -€11,608 | -2.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €398,131 | €386,523 | -€11,608 | -2.9% |
| Amounts payable | 17/49 | €388,620 | €319,716 | -€68,904 | -17.7% |
| Amounts payable after more than one year | 17 | €184,356 | €147,542 | -€36,815 | -20.0% |
| Financial debts | 170/4 | €184,356 | €147,542 | -€36,815 | -20.0% |
| Amounts payable within one year | 42/48 | €204,264 | €172,175 | -€32,089 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €36,473 | €36,815 | +€342 | +0.9% |
| Trade debts | 44 | - | €4,020 | +€4,020 | |
| Suppliers | 440/4 | - | €4,020 | +€4,020 | |
| Taxes, remuneration and social security | 45 | €18,451 | - | -€18,451 | |
| Taxes | 450/3 | €18,451 | - | -€18,451 | |
| Other amounts payable | 47/48 | €149,339 | €131,340 | -€18,000 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,606 | €65,756 | +€6,150 | +10.3% |
| Other operating charges | 640/8 | €6,578 | €3,480 | -€3,098 | -47.1% |
| Gross operating margin | 9900 | €134,286 | €52,844 | -€81,442 | -60.6% |
| Operating profit (loss) | 9901 | €68,102 | -€16,392 | -€84,493 | |
| Financial income | 75/76B | - | €7,499 | +€7,499 | |
| Recurring financial income | 75 | - | €7,499 | +€7,499 | |
| Financial charges | 65/66B | €2,785 | €2,405 | -€380 | -13.6% |
| Recurring financial charges | 65 | €2,785 | €2,405 | -€380 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €65,317 | -€11,298 | -€76,615 | |
| Income taxes | 67/77 | €25,438 | €310 | -€25,128 | -98.8% |
| Profit (loss) for the period | 9904 | €39,879 | -€11,608 | -€51,487 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,879 | -€11,608 | -€51,487 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.