DEMTA: 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.
DEMTA
Largest movements
- Receivables within one year +€13,923
up €13,923 (+367.1%), from €3,793 to €17,716
of which Trade receivables: +€15,416
- Tangible fixed assets -€12,556
down €12,556 (-32.3%), from €38,913 to €26,357
- Trade debts +€103,397
new in 2025: €103,397
- Profit (loss) carried forward -€90,953
down €90,953 (-3188.4%), from -€2,853 to -€93,805
- Current portion of long-term debt -€10,457
down €10,457 (-50.1%), from €20,884 to €10,427
- Tax, wage and social debts -€4,561
no longer reported in 2025 (was €4,561)
- Other debts +€2,207
new in 2025: €2,207
- Gross operating margin -€13,360
down €13,360, from €13,010 to -€350
- Financial charges +€982
up €982 (+39.4%), from €2,490 to €3,472
- Other operating charges -€738
down €738 (-90.4%), from €816 to €78
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,706 | €44,073 | +€1,367 | +3.2% |
| Fixed assets | 21/28 | €38,913 | €26,357 | -€12,556 | -32.3% |
| Tangible fixed assets | 22/27 | €38,913 | €26,357 | -€12,556 | -32.3% |
| Furniture and vehicles | 24 | €38,913 | €26,357 | -€12,556 | -32.3% |
| Current assets | 29/58 | €3,793 | €17,716 | +€13,923 | +367.1% |
| Amounts receivable within one year | 40/41 | €3,793 | €17,716 | +€13,923 | +367.1% |
| Trade receivables | 40 | - | €15,416 | +€15,416 | |
| Other amounts receivable | 41 | €3,793 | €2,300 | -€1,493 | -39.4% |
| Total equity and liabilities | 10/49 | €42,706 | €44,073 | +€1,367 | +3.2% |
| Equity | 10/15 | €17,203 | -€73,749 | -€90,953 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €17,056 | €17,056 | = | 0.0% |
| Distributable reserves | 133 | €17,056 | €17,056 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,853 | -€93,805 | -€90,953 | -3188.4% |
| Amounts payable | 17/49 | €25,503 | €117,822 | +€92,319 | +362.0% |
| Amounts payable after more than one year | 17 | - | €1,791 | +€1,791 | |
| Financial debts | 170/4 | - | €1,791 | +€1,791 | |
| Amounts payable within one year | 42/48 | €25,503 | €116,031 | +€90,529 | +355.0% |
| Current portion of amounts payable after more than one year | 42 | €20,884 | €10,427 | -€10,457 | -50.1% |
| Financial debts | 43 | €57 | - | -€57 | |
| Credit institutions | 430/8 | €57 | - | -€57 | |
| Trade debts | 44 | - | €103,397 | +€103,397 | |
| Suppliers | 440/4 | - | €103,397 | +€103,397 | |
| Taxes, remuneration and social security | 45 | €4,561 | - | -€4,561 | |
| Taxes | 450/3 | €4,561 | - | -€4,561 | |
| Other amounts payable | 47/48 | - | €2,207 | +€2,207 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,556 | €12,556 | = | 0.0% |
| Other operating charges | 640/8 | €816 | €78 | -€738 | -90.4% |
| Non-recurring operating charges | 66A | - | €74,496 | +€74,496 | |
| Gross operating margin | 9900 | €13,010 | -€350 | -€13,360 | |
| Operating profit (loss) | 9901 | -€363 | -€87,481 | -€87,118 | -24020.6% |
| Financial charges | 65/66B | €2,490 | €3,472 | +€982 | +39.4% |
| Recurring financial charges | 65 | €2,490 | €3,472 | +€982 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,853 | -€90,953 | -€88,100 | -3088.4% |
| Profit (loss) for the period | 9904 | -€2,853 | -€90,953 | -€88,100 | -3088.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,853 | -€90,953 | -€88,100 | -3088.4% |
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.