DEMSS: 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.
DEMSS
Largest movements
- Tangible fixed assets -€22,238
down €22,238 (-6.0%), from €370,080 to €347,842
of which Land and buildings: -€16,780
- Cash +€20,528
up €20,528 (+20.5%), from €99,952 to €120,480
mainly Depreciation (+€26,754) and Net result for the year (+€19,971)
- Receivables within one year +€12,461
up €12,461 (+2.6%), from €478,455 to €490,916
of which Trade receivables: +€15,004
- Profit (loss) carried forward +€19,112
up €19,112 (+9.4%), from €202,288 to €221,400
- Advances received +€16,741
up €16,741 (+76.1%), from €21,986 to €38,727
- Trade debts -€15,116
down €15,116 (-3.7%), from €408,717 to €393,601
- Debts after one year -€11,550
down €11,550 (-4.7%), from €248,284 to €236,734
- Taxes +€1,454
up €1,454 (+24.0%), from €6,062 to €7,516
- Depreciation +€1,131
up €1,131 (+4.4%), from €25,623 to €26,754
- Financial charges -€883
down €883 (-14.9%), from €5,912 to €5,029
- Gross operating margin +€658
up €658 (+1.1%), from €59,267 to €59,925
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 | €964,050 | €983,959 | +€19,909 | +2.1% |
| Fixed assets | 21/28 | €370,080 | €347,842 | -€22,238 | -6.0% |
| Tangible fixed assets | 22/27 | €370,080 | €347,842 | -€22,238 | -6.0% |
| Land and buildings | 22 | €341,320 | €324,541 | -€16,780 | -4.9% |
| Plant, machinery and equipment | 23 | €6,189 | €5,350 | -€839 | -13.6% |
| Furniture and vehicles | 24 | €22,571 | €17,952 | -€4,619 | -20.5% |
| Current assets | 29/58 | €593,970 | €636,117 | +€42,147 | +7.1% |
| Stocks and contracts in progress | 3 | €12,819 | €20,594 | +€7,775 | +60.7% |
| Stocks | 30/36 | €12,819 | €20,594 | +€7,775 | +60.7% |
| Amounts receivable within one year | 40/41 | €478,455 | €490,916 | +€12,461 | +2.6% |
| Trade receivables | 40 | €465,169 | €480,173 | +€15,004 | +3.2% |
| Other amounts receivable | 41 | €13,285 | €10,743 | -€2,543 | -19.1% |
| Cash at bank and in hand | 54/58 | €99,952 | €120,480 | +€20,528 | +20.5% |
| Deferred charges and accrued income | 490/1 | €2,744 | €4,127 | +€1,383 | +50.4% |
| Total equity and liabilities | 10/49 | €964,050 | €983,959 | +€19,909 | +2.1% |
| Equity | 10/15 | €216,548 | €235,660 | +€19,112 | +8.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €202,288 | €221,400 | +€19,112 | +9.4% |
| Amounts payable | 17/49 | €747,502 | €748,299 | +€797 | +0.1% |
| Amounts payable after more than one year | 17 | €248,284 | €236,734 | -€11,550 | -4.7% |
| Financial debts | 170/4 | €248,284 | €236,734 | -€11,550 | -4.7% |
| Amounts payable within one year | 42/48 | €499,218 | €511,565 | +€12,347 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €19,667 | €17,894 | -€1,773 | -9.0% |
| Trade debts | 44 | €408,717 | €393,601 | -€15,116 | -3.7% |
| Suppliers | 440/4 | €408,717 | €393,601 | -€15,116 | -3.7% |
| Advances received on contracts in progress | 46 | €21,986 | €38,727 | +€16,741 | +76.1% |
| Taxes, remuneration and social security | 45 | €15,116 | €23,218 | +€8,102 | +53.6% |
| Taxes | 450/3 | €240 | €8,342 | +€8,102 | +3375.6% |
| Remuneration and social security | 454/9 | €14,876 | €14,876 | = | 0.0% |
| Other amounts payable | 47/48 | €33,731 | €38,125 | +€4,393 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,623 | €26,754 | +€1,131 | +4.4% |
| Other operating charges | 640/8 | €362 | €655 | +€292 | +80.8% |
| Gross operating margin | 9900 | €59,267 | €59,925 | +€658 | +1.1% |
| Operating profit (loss) | 9901 | €33,282 | €32,517 | -€765 | -2.3% |
| Financial income | 75/76B | €1 | €0 | -€0 | -86.0% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -86.0% |
| Financial charges | 65/66B | €5,912 | €5,029 | -€883 | -14.9% |
| Recurring financial charges | 65 | €5,912 | €5,029 | -€883 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €27,371 | €27,488 | +€117 | +0.4% |
| Income taxes | 67/77 | €6,062 | €7,516 | +€1,454 | +24.0% |
| Profit (loss) for the period | 9904 | €21,308 | €19,971 | -€1,337 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,308 | €19,971 | -€1,337 | -6.3% |
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.