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DEMYCO: 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.

What changed

DEMYCO

BE 0860.874.307
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€5,327
2024 · €5,974-€647
Equity
€84,626
2024 · €79,299+€5,327
Cash
€398
2024 · €20+€378
Balance sheet total
€131,516
2024 · €132,874-€1,358

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€6,126

    down €6,126 (-5.8%), from €105,554 to €99,428

  • Receivables after one year +€4,390

    up €4,390 (+16.1%), from €27,300 to €31,690

Equity and liabilities
  • Debts after one year -€6,027

    no longer reported in 2025 (was €6,027)

  • Reserves +€5,974

    up €5,974 (+25.6%), from €23,325 to €29,299

    of which Distributable reserves: +€5,974

  • Current portion of long-term debt -€5,877

    down €5,877 (-49.4%), from €11,904 to €6,027

  • Trade debts +€5,141

    up €5,141 (+395.8%), from €1,299 to €6,440

Income statement
  • Turnover -€2,946

    down €2,946 (-8.9%), from €33,259 to €30,313

  • Purchases and services -€2,880

    down €2,880 (-23.5%), from €12,237 to €9,357

  • Taxes +€897

    up €897 (+53.0%), from €1,692 to €2,589

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €5,974
Gross operating margin -€66
Other operating charges +€94
Financial charges +€222
Taxes -€897
Result 2025 €5,327

Cash bridge derived

cash 2024 to 2025

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.

From operations +€12,282
Investment €0
Financing -€11,904
Cash 2024 €20
Net result for the year +€5,327
Depreciation +€6,126
Receivables after one year -€4,390
Trade debts +€5,141
Tax, wage and social debts +€500
Other debts -€422
Debts after one year -€6,027
Current portion of long-term debt -€5,877
Cash 2025 €398
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €132,874 €131,516 -€1,358 -1.0%
Fixed assets 21/28 €105,554 €99,428 -€6,126 -5.8%
Tangible fixed assets 22/27 €105,554 €99,428 -€6,126 -5.8%
Land and buildings 22 €105,554 €99,428 -€6,126 -5.8%
Current assets 29/58 €27,320 €32,088 +€4,768 +17.5%
Amounts receivable after more than one year 29 €27,300 €31,690 +€4,390 +16.1%
Other amounts receivable 291 €27,300 €31,690 +€4,390 +16.1%
Cash at bank and in hand 54/58 €20 €398 +€378 +1890.0%
Total equity and liabilities 10/49 €132,874 €131,516 -€1,358 -1.0%
Equity 10/15 €79,299 €84,626 +€5,327 +6.7%
Contributions 10/11 €50,000 €50,000 = 0.0%
Capital 10 €50,000 €50,000 = 0.0%
Issued capital 100 €50,000 €50,000 = 0.0%
Reserves 13 €23,325 €29,299 +€5,974 +25.6%
Non-distributable reserves 130/1 €5,000 €5,000 = 0.0%
Legal reserve 130 €5,000 €5,000 = 0.0%
Distributable reserves 133 €18,325 €24,299 +€5,974 +32.6%
Profit (loss) carried forward 14 €5,974 €5,327 -€647 -10.8%
Amounts payable 17/49 €53,575 €46,890 -€6,685 -12.5%
Amounts payable after more than one year 17 €6,027 - -€6,027
Financial debts 170/4 €6,027 - -€6,027
Amounts payable within one year 42/48 €47,548 €46,890 -€658 -1.4%
Current portion of amounts payable after more than one year 42 €11,904 €6,027 -€5,877 -49.4%
Trade debts 44 €1,299 €6,440 +€5,141 +395.8%
Suppliers 440/4 €1,299 €6,440 +€5,141 +395.8%
Taxes, remuneration and social security 45 €1,700 €2,200 +€500 +29.4%
Taxes 450/3 €1,700 €2,200 +€500 +29.4%
Other amounts payable 47/48 €32,645 €32,223 -€422 -1.3%
Turnover 70 €33,259 €30,313 -€2,946 -8.9%
Goods, raw materials, services and sundry goods 60/61 €12,237 €9,357 -€2,880 -23.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,126 €6,126 = 0.0%
Other operating charges 640/8 €6,659 €6,565 -€94 -1.4%
Gross operating margin 9900 €21,022 €20,956 -€66 -0.3%
Operating profit (loss) 9901 €8,237 €8,265 +€28 +0.3%
Financial charges 65/66B €571 €349 -€222 -38.9%
Recurring financial charges 65 €571 €349 -€222 -38.9%
Profit (loss) for the period before taxes 9903 €7,666 €7,916 +€250 +3.3%
Income taxes 67/77 €1,692 €2,589 +€897 +53.0%
Profit (loss) for the period 9904 €5,974 €5,327 -€647 -10.8%
Profit (loss) for the period to be appropriated 9905 €5,974 €5,327 -€647 -10.8%

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 28 September 2026 via checked.be.