DEMONT PETER: 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.
DEMONT PETER
Largest movements
- Cash +€536,239
up €536,239 (+287.3%), from €186,624 to €722,863
mainly Current investments (+€500,000) and Net result for the year (+€196,536)
- Current investments -€500,000
down €500,000 (-100.0%), from €500,000 to €0
- Receivables within one year +€174,665
up €174,665 (+1008.6%), from €17,317 to €191,982
of which Other amounts receivable: +€141,390
- Reserves +€195,703
up €195,703 (+30.6%), from €639,635 to €835,338
- Gross operating margin +€36,752
up €36,752 (+15.7%), from €233,816 to €270,568
- Taxes +€13,635
up €13,635 (+19.1%), from €71,424 to €85,060
- Financial income +€6,198
up €6,198 (+89.1%), from €6,956 to €13,154
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 | €712,152 | €917,390 | +€205,238 | +28.8% |
| Fixed assets | 21/28 | €3,162 | €2,546 | -€616 | -19.5% |
| Tangible fixed assets | 22/27 | €3,162 | €2,546 | -€616 | -19.5% |
| Plant, machinery and equipment | 23 | - | €468 | +€468 | |
| Furniture and vehicles | 24 | €3,162 | €2,078 | -€1,084 | -34.3% |
| Current assets | 29/58 | €708,990 | €914,845 | +€205,854 | +29.0% |
| Amounts receivable within one year | 40/41 | €17,317 | €191,982 | +€174,665 | +1008.6% |
| Trade receivables | 40 | - | €33,275 | +€33,275 | |
| Other amounts receivable | 41 | €17,317 | €158,707 | +€141,390 | +816.5% |
| Current investments | 50/53 | €500,000 | €0 | -€500,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €186,624 | €722,863 | +€536,239 | +287.3% |
| Deferred charges and accrued income | 490/1 | €5,049 | €0 | -€5,049 | -100.0% |
| Total equity and liabilities | 10/49 | €712,152 | €917,390 | +€205,238 | +28.8% |
| Equity | 10/15 | €640,635 | €836,338 | +€195,703 | +30.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €639,635 | €835,338 | +€195,703 | +30.6% |
| Distributable reserves | 133 | €639,635 | €835,338 | +€195,703 | +30.6% |
| Amounts payable | 17/49 | €71,518 | €81,052 | +€9,534 | +13.3% |
| Amounts payable after more than one year | 17 | €22,860 | €23,383 | +€523 | +2.3% |
| Other amounts payable | 178/9 | €22,860 | €23,383 | +€523 | +2.3% |
| Amounts payable within one year | 42/48 | €47,143 | €50,867 | +€3,724 | +7.9% |
| Trade debts | 44 | €2,709 | €6,482 | +€3,773 | +139.3% |
| Suppliers | 440/4 | €2,709 | €6,482 | +€3,773 | +139.3% |
| Taxes, remuneration and social security | 45 | €43,851 | €43,551 | -€300 | -0.7% |
| Taxes | 450/3 | €42,411 | €43,551 | +€1,140 | +2.7% |
| Remuneration and social security | 454/9 | €1,440 | - | -€1,440 | |
| Other amounts payable | 47/48 | €583 | €833 | +€250 | +42.9% |
| Accrued charges and deferred income | 492/3 | €1,515 | €6,802 | +€5,287 | +349.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,313 | €1,318 | +€5 | +0.4% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Non-recurring operating charges | 66A | €159 | €63 | -€96 | -60.1% |
| Gross operating margin | 9900 | €233,816 | €270,568 | +€36,752 | +15.7% |
| Operating profit (loss) | 9901 | €231,892 | €268,721 | +€36,828 | +15.9% |
| Financial income | 75/76B | €6,956 | €13,154 | +€6,198 | +89.1% |
| Recurring financial income | 75 | €6,956 | €13,154 | +€6,198 | +89.1% |
| Financial charges | 65/66B | €46 | €279 | +€233 | +506.1% |
| Recurring financial charges | 65 | €46 | €279 | +€233 | +506.1% |
| Profit (loss) for the period before taxes | 9903 | €238,802 | €281,596 | +€42,794 | +17.9% |
| Income taxes | 67/77 | €71,424 | €85,060 | +€13,635 | +19.1% |
| Profit (loss) for the period | 9904 | €167,378 | €196,536 | +€29,158 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €167,378 | €196,536 | +€29,158 | +17.4% |
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 9 October 2026 via checked.be.