DEMY PROJEKT: 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.
DEMY PROJEKT
Largest movements
- Tangible fixed assets -€4,385
down €4,385 (-26.9%), from €16,301 to €11,916
- Cash -€3,753
down €3,753 (-80.3%), from €4,672 to €920
mainly Trade debts (-€5,263) and Debts after one year (-€4,880)
- Receivables within one year +€3,427
up €3,427 (+16.7%), from €20,497 to €23,924
of which Other amounts receivable: +€12,638
- Deferred charges and accrued income -€2,249
down €2,249 (-70.4%), from €3,194 to €945
- Profit (loss) carried forward +€6,421
up €6,421 (+143%), from €4,504 to €10,924
- Trade debts -€5,263
no longer reported in 2025 (was €5,263)
- Debts after one year -€4,880
down €4,880 (-33.2%), from €14,703 to €9,823
- Tax, wage and social debts -€3,548
down €3,548 (-99.1%), from €3,580 to €32
- Gross operating margin +€15,231
up €15,231 (+1,092%), from €1,395 to €16,626
- Financial charges -€1,277
down €1,277 (-34.1%), from €3,746 to €2,469
- Other operating charges +€495
up €495 (+17.5%), from €2,824 to €3,320
- Depreciation +€188
up €188 (+4.5%), from €4,196 to €4,385
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 | €44,665 | €37,705 | -€6,959 | -15.6% |
| Fixed assets | 21/28 | €16,301 | €11,916 | -€4,385 | -26.9% |
| Tangible fixed assets | 22/27 | €16,301 | €11,916 | -€4,385 | -26.9% |
| Furniture and vehicles | 24 | €16,301 | €11,916 | -€4,385 | -26.9% |
| Current assets | 29/58 | €28,364 | €25,789 | -€2,575 | -9.1% |
| Amounts receivable within one year | 40/41 | €20,497 | €23,924 | +€3,427 | +16.7% |
| Trade receivables | 40 | €10,614 | €1,403 | -€9,211 | -86.8% |
| Other amounts receivable | 41 | €9,883 | €22,521 | +€12,638 | +128% |
| Cash at bank and in hand | 54/58 | €4,672 | €920 | -€3,753 | -80.3% |
| Deferred charges and accrued income | 490/1 | €3,194 | €945 | -€2,249 | -70.4% |
| Total equity and liabilities | 10/49 | €44,665 | €37,705 | -€6,959 | -15.6% |
| Equity | 10/15 | €4,504 | €10,924 | +€6,421 | +143% |
| Profit (loss) carried forward | 14 | €4,504 | €10,924 | +€6,421 | +143% |
| Amounts payable | 17/49 | €40,161 | €26,781 | -€13,380 | -33.3% |
| Amounts payable after more than one year | 17 | €14,703 | €9,823 | -€4,880 | -33.2% |
| Financial debts | 170/4 | €14,703 | €9,823 | -€4,880 | -33.2% |
| Amounts payable within one year | 42/48 | €25,458 | €16,958 | -€8,500 | -33.4% |
| Current portion of amounts payable after more than one year | 42 | €4,569 | €4,880 | +€310 | +6.8% |
| Trade debts | 44 | €5,263 | - | -€5,263 | |
| Suppliers | 440/4 | €5,263 | - | -€5,263 | |
| Advances received on contracts in progress | 46 | €12,046 | €12,046 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,580 | €32 | -€3,548 | -99.1% |
| Taxes | 450/3 | €3,580 | €32 | -€3,548 | -99.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,196 | €4,385 | +€188 | +4.5% |
| Other operating charges | 640/8 | €2,824 | €3,320 | +€495 | +17.5% |
| Gross operating margin | 9900 | €1,395 | €16,626 | +€15,231 | +1,092% |
| Operating profit (loss) | 9901 | -€5,626 | €8,922 | +€14,548 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,746 | €2,469 | -€1,277 | -34.1% |
| Recurring financial charges | 65 | €3,746 | €2,469 | -€1,277 | -34.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,372 | €6,453 | +€15,825 | |
| Income taxes | 67/77 | - | €32 | +€32 | |
| Profit (loss) for the period | 9904 | -€9,372 | €6,421 | +€15,792 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,372 | €6,421 | +€15,792 |
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 24 October 2026 via checked.be.