Demonnik: 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.
Demonnik
Largest movements
- Receivables within one year +€9,825
up €9,825 (+40.0%), from €24,535 to €34,360
of which Trade receivables: +€12,350
- Cash -€7,449
down €7,449 (-45.8%), from €16,258 to €8,809
mainly Receivables within one year (-€9,825) and Investment in fixed assets (net) (-€7,639)
- Tangible fixed assets +€3,507
up €3,507 (+49.2%), from €7,133 to €10,640
of which Plant, machinery and equipment: +€2,347
- Deferred charges and accrued income -€2,382
down €2,382 (-29.4%), from €8,096 to €5,713
- Other debts +€8,336
up €8,336 (+266.2%), from €3,131 to €11,467
- Reserves -€6,345
down €6,345 (-23.3%), from €27,256 to €20,910
- Trade debts +€1,331
up €1,331 (+48.7%), from €2,732 to €4,063
- Gross operating margin +€1,754
up €1,754 (+19.6%), from €8,964 to €10,718
- Taxes +€1,678
up €1,678 (+203.6%), from €824 to €2,503
- Depreciation +€1,236
up €1,236 (+42.7%), from €2,896 to €4,132
- Financial charges -€125
down €125 (-3.7%), from €3,373 to €3,248
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 | €56,021 | €59,521 | +€3,500 | +6.2% |
| Fixed assets | 21/28 | €7,133 | €10,640 | +€3,507 | +49.2% |
| Tangible fixed assets | 22/27 | €7,133 | €10,640 | +€3,507 | +49.2% |
| Plant, machinery and equipment | 23 | - | €2,347 | +€2,347 | |
| Furniture and vehicles | 24 | €4,236 | €6,062 | +€1,826 | +43.1% |
| Other tangible fixed assets | 26 | €2,897 | €2,231 | -€666 | -23.0% |
| Current assets | 29/58 | €48,888 | €48,881 | -€7 | 0.0% |
| Amounts receivable within one year | 40/41 | €24,535 | €34,360 | +€9,825 | +40.0% |
| Trade receivables | 40 | €13,650 | €26,000 | +€12,350 | +90.5% |
| Other amounts receivable | 41 | €10,885 | €8,360 | -€2,525 | -23.2% |
| Cash at bank and in hand | 54/58 | €16,258 | €8,809 | -€7,449 | -45.8% |
| Deferred charges and accrued income | 490/1 | €8,096 | €5,713 | -€2,382 | -29.4% |
| Total equity and liabilities | 10/49 | €56,021 | €59,521 | +€3,500 | +6.2% |
| Equity | 10/15 | €45,856 | €39,510 | -€6,345 | -13.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,256 | €20,910 | -€6,345 | -23.3% |
| Distributable reserves | 133 | €27,256 | €20,910 | -€6,345 | -23.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,166 | €20,011 | +€9,845 | +96.8% |
| Amounts payable within one year | 42/48 | €10,017 | €19,665 | +€9,648 | +96.3% |
| Trade debts | 44 | €2,732 | €4,063 | +€1,331 | +48.7% |
| Suppliers | 440/4 | €2,732 | €4,063 | +€1,331 | +48.7% |
| Taxes, remuneration and social security | 45 | €4,154 | €4,135 | -€19 | -0.5% |
| Taxes | 450/3 | €4,154 | €4,135 | -€19 | -0.5% |
| Other amounts payable | 47/48 | €3,131 | €11,467 | +€8,336 | +266.2% |
| Accrued charges and deferred income | 492/3 | €148 | €346 | +€198 | +133.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,896 | €4,132 | +€1,236 | +42.7% |
| Other operating charges | 640/8 | €854 | €866 | +€12 | +1.4% |
| Gross operating margin | 9900 | €8,964 | €10,718 | +€1,754 | +19.6% |
| Operating profit (loss) | 9901 | €5,213 | €5,719 | +€506 | +9.7% |
| Financial income | 75/76B | €36 | €142 | +€106 | +292.5% |
| Recurring financial income | 75 | €36 | €142 | +€106 | +292.5% |
| Financial charges | 65/66B | €3,373 | €3,248 | -€125 | -3.7% |
| Recurring financial charges | 65 | €3,373 | €3,248 | -€125 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €1,876 | €2,613 | +€737 | +39.3% |
| Income taxes | 67/77 | €824 | €2,503 | +€1,678 | +203.6% |
| Profit (loss) for the period | 9904 | €1,052 | €110 | -€941 | -89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,052 | €110 | -€941 | -89.5% |
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 4 October 2026 via checked.be.