Demri: 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.
Demri
Largest movements
- Receivables within one year -€4,682
no longer reported in 2025 (was €4,682)
of which Trade receivables: -€4,508
- Cash -€3,110
down €3,110 (-53.4%), from €5,829 to €2,718
mainly Trade debts (-€24,172) and Net result for the year (-€4,469)
- Stocks and contracts -€2,660
down €2,660 (-4.9%), from €54,607 to €51,947
- Trade debts -€24,172
down €24,172 (-99.8%), from €24,227 to €56
- Debts after one year +€17,500
up €17,500 (+7.3%), from €240,000 to €257,500
- Profit (loss) carried forward -€4,469
down €4,469 (-2.0%), from -€219,019 to -€223,488
- Gross operating margin -€3,266
down €3,266 (-1858.6%), from -€176 to -€3,441
- Depreciation +€462
up €462 (+405.5%), from €114 to €576
- Other operating charges -€90
down €90 (-57.8%), from €156 to €66
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 | €66,770 | €55,740 | -€11,030 | -16.5% |
| Fixed assets | 21/28 | €1,614 | €1,038 | -€576 | -35.7% |
| Tangible fixed assets | 22/27 | €1,614 | €1,038 | -€576 | -35.7% |
| Furniture and vehicles | 24 | €1,614 | €1,038 | -€576 | -35.7% |
| Current assets | 29/58 | €65,156 | €54,701 | -€10,454 | -16.0% |
| Stocks and contracts in progress | 3 | €54,607 | €51,947 | -€2,660 | -4.9% |
| Stocks | 30/36 | €54,607 | €51,947 | -€2,660 | -4.9% |
| Amounts receivable within one year | 40/41 | €4,682 | - | -€4,682 | |
| Trade receivables | 40 | €4,508 | - | -€4,508 | |
| Other amounts receivable | 41 | €174 | - | -€174 | |
| Cash at bank and in hand | 54/58 | €5,829 | €2,718 | -€3,110 | -53.4% |
| Deferred charges and accrued income | 490/1 | €38 | €36 | -€2 | -5.0% |
| Total equity and liabilities | 10/49 | €66,770 | €55,740 | -€11,030 | -16.5% |
| Equity | 10/15 | -€198,559 | -€203,028 | -€4,469 | -2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€219,019 | -€223,488 | -€4,469 | -2.0% |
| Amounts payable | 17/49 | €265,329 | €258,768 | -€6,562 | -2.5% |
| Amounts payable after more than one year | 17 | €240,000 | €257,500 | +€17,500 | +7.3% |
| Financial debts | 170/4 | €240,000 | €257,500 | +€17,500 | +7.3% |
| Amounts payable within one year | 42/48 | €25,329 | €1,268 | -€24,062 | -95.0% |
| Trade debts | 44 | €24,227 | €56 | -€24,172 | -99.8% |
| Suppliers | 440/4 | €24,227 | €56 | -€24,172 | -99.8% |
| Taxes, remuneration and social security | 45 | - | €222 | +€222 | |
| Taxes | 450/3 | - | €222 | +€222 | |
| Other amounts payable | 47/48 | €1,102 | €989 | -€113 | -10.2% |
| Remuneration, social security and pensions | 62 | €198 | €206 | +€8 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114 | €576 | +€462 | +405.5% |
| Other operating charges | 640/8 | €156 | €66 | -€90 | -57.8% |
| Gross operating margin | 9900 | -€176 | -€3,441 | -€3,266 | -1858.6% |
| Operating profit (loss) | 9901 | -€643 | -€4,289 | -€3,646 | -566.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €180 | €180 | -€0 | -0.1% |
| Recurring financial charges | 65 | €180 | €180 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€823 | -€4,469 | -€3,646 | -443.0% |
| Profit (loss) for the period | 9904 | -€823 | -€4,469 | -€3,646 | -443.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€823 | -€4,469 | -€3,646 | -443.0% |
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 1 October 2026 via checked.be.