DEMTRANS: 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.
DEMTRANS
Largest movements
- Tangible fixed assets -€68,533
down €68,533 (-22.9%), from €299,104 to €230,571
of which Furniture and vehicles: -€42,324
- Financial fixed assets -€8,100
down €8,100 (-18.4%), from €44,000 to €35,900
- Receivables within one year +€6,367
up €6,367 (+3.9%), from €164,141 to €170,508
of which Trade receivables: +€19,601
- Trade debts -€140,236
down €140,236 (-72.2%), from €194,234 to €53,998
- Profit (loss) carried forward +€73,129
up €73,129 (+60.0%), from €121,955 to €195,084
- Debts after one year -€31,870
down €31,870 (-28.7%), from €111,058 to €79,188
- Tax, wage and social debts +€22,774
up €22,774 (+129.9%), from €17,537 to €40,311
of which Taxes: +€22,735
- Purchases and services -€339,804
down €339,804 (-27.5%), from €1.2m to €897,410
- Turnover -€316,184
down €316,184 (-19.8%), from €1.6m to €1.3m
- Staff costs -€97,174
down €97,174 (-28.1%), from €346,134 to €248,960
- Gross operating margin +€56,411
up €56,411 (+15.6%), from €360,833 to €417,244
- Depreciation +€49,665
new in 2024: €49,665
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €525,125 | €449,796 | -€75,329 | -14.3% |
| Fixed assets | 21/28 | €343,104 | €266,471 | -€76,633 | -22.3% |
| Tangible fixed assets | 22/27 | €299,104 | €230,571 | -€68,533 | -22.9% |
| Land and buildings | 22 | €4,789 | €2,887 | -€1,902 | -39.7% |
| Plant, machinery and equipment | 23 | €7,964 | €3,597 | -€4,367 | -54.8% |
| Furniture and vehicles | 24 | €86,951 | €44,627 | -€42,324 | -48.7% |
| Leasing and similar rights | 25 | €199,400 | €179,460 | -€19,940 | -10.0% |
| Financial fixed assets | 28 | €44,000 | €35,900 | -€8,100 | -18.4% |
| Current assets | 29/58 | €182,021 | €183,325 | +€1,304 | +0.7% |
| Amounts receivable within one year | 40/41 | €164,141 | €170,508 | +€6,367 | +3.9% |
| Trade receivables | 40 | €118,566 | €138,167 | +€19,601 | +16.5% |
| Other amounts receivable | 41 | €45,575 | €32,341 | -€13,234 | -29.0% |
| Cash at bank and in hand | 54/58 | €9,930 | €8,120 | -€1,810 | -18.2% |
| Deferred charges and accrued income | 490/1 | €7,951 | €4,697 | -€3,254 | -40.9% |
| Total equity and liabilities | 10/49 | €525,125 | €449,796 | -€75,329 | -14.3% |
| Equity | 10/15 | €164,904 | €238,034 | +€73,130 | +44.3% |
| Contributions | 10/11 | €18,274 | €18,274 | +€1 | 0.0% |
| Capital | 10 | €18,274 | - | -€18,274 | |
| Issued capital | 100 | €18,274 | - | -€18,274 | |
| Reserves | 13 | €24,676 | €24,676 | -€0 | 0.0% |
| Distributable reserves | 133 | €24,676 | €24,676 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €121,955 | €195,084 | +€73,129 | +60.0% |
| Amounts payable | 17/49 | €360,221 | €211,762 | -€148,459 | -41.2% |
| Amounts payable after more than one year | 17 | €111,058 | €79,188 | -€31,870 | -28.7% |
| Financial debts | 170/4 | €111,058 | €79,188 | -€31,870 | -28.7% |
| Amounts payable within one year | 42/48 | €249,163 | €132,574 | -€116,589 | -46.8% |
| Current portion of amounts payable after more than one year | 42 | €37,392 | €38,265 | +€873 | +2.3% |
| Trade debts | 44 | €194,234 | €53,998 | -€140,236 | -72.2% |
| Suppliers | 440/4 | €194,234 | €53,998 | -€140,236 | -72.2% |
| Taxes, remuneration and social security | 45 | €17,537 | €40,311 | +€22,774 | +129.9% |
| Taxes | 450/3 | €17,537 | €40,272 | +€22,735 | +129.6% |
| Remuneration and social security | 454/9 | - | €39 | +€39 | |
| Turnover | 70 | €1,598,047 | €1,281,863 | -€316,184 | -19.8% |
| Non-recurring operating income | 76A | - | €32,791 | +€32,791 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,237,214 | €897,410 | -€339,804 | -27.5% |
| Remuneration, social security and pensions | 62 | €346,134 | €248,960 | -€97,174 | -28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €49,665 | +€49,665 | |
| Other operating charges | 640/8 | €11,917 | €14,885 | +€2,968 | +24.9% |
| Gross operating margin | 9900 | €360,833 | €417,244 | +€56,411 | +15.6% |
| Operating profit (loss) | 9901 | €2,782 | €103,734 | +€100,952 | +3628.6% |
| Financial income | 75/76B | €32,154 | €8,883 | -€23,271 | -72.4% |
| Recurring financial income | 75 | €32,154 | €8,883 | -€23,271 | -72.4% |
| Financial charges | 65/66B | €12,698 | €15,110 | +€2,412 | +19.0% |
| Recurring financial charges | 65 | €12,698 | €15,110 | +€2,412 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | €22,239 | €97,507 | +€75,268 | +338.5% |
| Income taxes | 67/77 | €12,815 | €24,377 | +€11,562 | +90.2% |
| Profit (loss) for the period | 9904 | €9,424 | €73,130 | +€63,706 | +676.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,424 | €73,130 | +€63,706 | +676.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.