DEMOTENS: 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.
DEMOTENS
Largest movements
- Stocks and contracts -€130,147
down €130,147 (-65.4%), from €199,001 to €68,854
- Receivables within one year +€52,900
up €52,900 (+945%), from €5,600 to €58,500
of which Other amounts receivable: +€46,500
- Cash +€12,895
up €12,895 (+9,017%), from €143 to €13,038
mainly Stocks and contracts (+€130,147) and Net result for the year (+€226)
- Other debts -€64,578
down €64,578 (-34.8%), from €185,723 to €121,145
- Gross operating margin +€2,245
up €2,245, from -€381 to €1,864
- Other operating charges +€194
up €194 (+28.6%), from €678 to €872
- Financial charges -€45
down €45 (-5.5%), from €811 to €766
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 | €204,744 | €140,392 | -€64,352 | -31.4% |
| Current assets | 29/58 | €204,744 | €140,392 | -€64,352 | -31.4% |
| Stocks and contracts in progress | 3 | €199,001 | €68,854 | -€130,147 | -65.4% |
| Stocks | 30/36 | €199,001 | €68,854 | -€130,147 | -65.4% |
| Amounts receivable within one year | 40/41 | €5,600 | €58,500 | +€52,900 | +945% |
| Trade receivables | 40 | €3,600 | €10,000 | +€6,400 | +178% |
| Other amounts receivable | 41 | €2,000 | €48,500 | +€46,500 | +2,325% |
| Cash at bank and in hand | 54/58 | €143 | €13,038 | +€12,895 | +9,017% |
| Total equity and liabilities | 10/49 | €204,744 | €140,392 | -€64,352 | -31.4% |
| Equity | 10/15 | €19,021 | €19,247 | +€226 | +1.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Contributions outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Share premium | 1100/10 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,439 | -€1,213 | +€226 | +15.7% |
| Amounts payable | 17/49 | €185,723 | €121,145 | -€64,578 | -34.8% |
| Amounts payable within one year | 42/48 | €185,723 | €121,145 | -€64,578 | -34.8% |
| Other amounts payable | 47/48 | €185,723 | €121,145 | -€64,578 | -34.8% |
| Other operating charges | 640/8 | €678 | €872 | +€194 | +28.6% |
| Gross operating margin | 9900 | -€381 | €1,864 | +€2,245 | |
| Operating profit (loss) | 9901 | -€1,059 | €992 | +€2,051 | |
| Financial charges | 65/66B | €811 | €766 | -€45 | -5.5% |
| Recurring financial charges | 65 | €811 | €766 | -€45 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,870 | €226 | +€2,096 | |
| Profit (loss) for the period | 9904 | -€1,870 | €226 | +€2,096 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,870 | €226 | +€2,096 |
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 22 October 2026 via checked.be.