Demoscopy: 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.
Demoscopy
Largest movements
- Receivables within one year +€650,904
up €650,904 (+249.2%), from €261,215 to €912,118
of which Trade receivables: +€639,840
- Cash +€20,938
up €20,938 (+28.1%), from €74,420 to €95,359
mainly Trade debts (+€721,313) and Net result for the year (+€93,656)
- Financial fixed assets +€12,900
up €12,900 (+63.4%), from €20,363 to €33,263
- Trade debts +€721,313
up €721,313 (+1557.6%), from €46,308 to €767,622
- Tax, wage and social debts -€31,092
down €31,092 (-71.6%), from €43,441 to €12,349
- Gross operating margin -€45,772
down €45,772 (-31.7%), from €144,538 to €98,766
- Taxes -€10,483
down €10,483 (-84.9%), from €12,349 to €1,866
- Financial charges +€3,108
up €3,108 (+606.9%), from €512 to €3,620
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 | €357,424 | €1,041,301 | +€683,877 | +191.3% |
| Fixed assets | 21/28 | €21,543 | €33,824 | +€12,281 | +57.0% |
| Tangible fixed assets | 22/27 | €1,180 | €561 | -€619 | -52.5% |
| Furniture and vehicles | 24 | €1,180 | €561 | -€619 | -52.5% |
| Financial fixed assets | 28 | €20,363 | €33,263 | +€12,900 | +63.4% |
| Current assets | 29/58 | €335,881 | €1,007,477 | +€671,596 | +200.0% |
| Amounts receivable within one year | 40/41 | €261,215 | €912,118 | +€650,904 | +249.2% |
| Trade receivables | 40 | €145,248 | €785,088 | +€639,840 | +440.5% |
| Other amounts receivable | 41 | €115,966 | €127,030 | +€11,064 | +9.5% |
| Cash at bank and in hand | 54/58 | €74,420 | €95,359 | +€20,938 | +28.1% |
| Deferred charges and accrued income | 490/1 | €246 | - | -€246 | |
| Total equity and liabilities | 10/49 | €357,424 | €1,041,301 | +€683,877 | +191.3% |
| Equity | 10/15 | €167,215 | €170,870 | +€3,656 | +2.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €150,000 | €150,000 | = | 0.0% |
| Distributable reserves | 133 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,815 | €8,470 | +€3,656 | +75.9% |
| Amounts payable | 17/49 | €190,209 | €870,430 | +€680,221 | +357.6% |
| Amounts payable within one year | 42/48 | €190,209 | €870,430 | +€680,221 | +357.6% |
| Trade debts | 44 | €46,308 | €767,622 | +€721,313 | +1557.6% |
| Suppliers | 440/4 | €46,308 | €767,622 | +€721,313 | +1557.6% |
| Taxes, remuneration and social security | 45 | €43,441 | €12,349 | -€31,092 | -71.6% |
| Taxes | 450/3 | €43,441 | €12,349 | -€31,092 | -71.6% |
| Other amounts payable | 47/48 | €100,460 | €90,460 | -€10,000 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,809 | €619 | -€1,190 | -65.8% |
| Other operating charges | 640/8 | €114 | - | -€114 | |
| Gross operating margin | 9900 | €144,538 | €98,766 | -€45,772 | -31.7% |
| Operating profit (loss) | 9901 | €142,616 | €98,147 | -€44,469 | -31.2% |
| Financial income | 75/76B | €42 | €995 | +€952 | +2261.9% |
| Recurring financial income | 75 | €42 | €995 | +€952 | +2261.9% |
| Financial charges | 65/66B | €512 | €3,620 | +€3,108 | +606.9% |
| Recurring financial charges | 65 | €512 | €3,620 | +€3,108 | +606.9% |
| Profit (loss) for the period before taxes | 9903 | €142,146 | €95,522 | -€46,624 | -32.8% |
| Income taxes | 67/77 | €12,349 | €1,866 | -€10,483 | -84.9% |
| Profit (loss) for the period | 9904 | €129,797 | €93,656 | -€36,141 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €129,797 | €93,656 | -€36,141 | -27.8% |
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 11 October 2026 via checked.be.