DEMOT: 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.
DEMOT
Largest movements
- Cash -€141
down €141 (-59.0%), from €239 to €98
mainly Net result for the year (-€141)
- Profit (loss) carried forward -€141
down €141 (-8.5%), from -€1,653 to -€1,794
- Gross operating margin -€2
down €2 (-3.1%), from -€64 to -€66
- Purchases and services +€2
up €2 (+3.1%), from €64 to €66
- Financial charges +€2
up €2 (+2.7%), from €73 to €75
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 | €239 | €98 | -€141 | -59.0% |
| Current assets | 29/58 | €239 | €98 | -€141 | -59.0% |
| Cash at bank and in hand | 54/58 | €239 | €98 | -€141 | -59.0% |
| Total equity and liabilities | 10/49 | €239 | €98 | -€141 | -59.0% |
| Equity | 10/15 | -€17 | -€158 | -€141 | -829.4% |
| Contributions | 10/11 | €1,487 | €1,487 | = | 0.0% |
| Capital | 10 | €1,487 | €1,487 | = | 0.0% |
| Issued capital | 100 | €1,487 | €1,487 | = | 0.0% |
| Reserves | 13 | €149 | €149 | = | 0.0% |
| Non-distributable reserves | 130/1 | €149 | €149 | = | 0.0% |
| Legal reserve | 130 | €149 | €149 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,653 | -€1,794 | -€141 | -8.5% |
| Amounts payable | 17/49 | €256 | €256 | = | 0.0% |
| Amounts payable within one year | 42/48 | €256 | €256 | = | 0.0% |
| Other amounts payable | 47/48 | €256 | €256 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €64 | €66 | +€2 | +3.1% |
| Gross operating margin | 9900 | -€64 | -€66 | -€2 | -3.1% |
| Operating profit (loss) | 9901 | -€64 | -€66 | -€2 | -3.1% |
| Financial charges | 65/66B | €73 | €75 | +€2 | +2.7% |
| Recurring financial charges | 65 | €73 | €75 | +€2 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | -€137 | -€141 | -€4 | -2.9% |
| Profit (loss) for the period | 9904 | -€137 | -€141 | -€4 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€137 | -€141 | -€4 | -2.9% |
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 5 October 2026 via checked.be.