Elektro-Service DEMONTHY: 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.
Elektro-Service DEMONTHY
Largest movements
- Receivables within one year +€51,945
up €51,945 (+65.9%), from €78,839 to €130,785
of which Trade receivables: +€51,470
- Cash -€47,544
down €47,544 (-61.1%), from €77,818 to €30,274
mainly Receivables within one year (-€51,945) and Debts after one year (-€32,976)
- Tangible fixed assets -€42,968
down €42,968 (-14.5%), from €296,250 to €253,281
of which Furniture and vehicles: -€27,307
- Debts after one year -€32,976
down €32,976 (-21.2%), from €155,902 to €122,927
- Trade debts +€31,145
up €31,145 (+103%), from €30,331 to €61,476
- Advances received -€25,000
no longer reported in 2025 (was €25,000)
- Tax, wage and social debts -€11,948
down €11,948 (-20.6%), from €57,882 to €45,934
of which Taxes: -€14,096
- Other debts -€6,000
down €6,000 (-37.9%), from €15,824 to €9,824
- Staff costs +€31,206
up €31,206 (+9.9%), from €313,865 to €345,071
- Gross operating margin -€11,362
down €11,362 (-2.6%), from €443,094 to €431,732
- Write-downs +€9,210
up €9,210, from -€8,027 to €1,182
- Taxes -€6,952
down €6,952 (-49.5%), from €14,050 to €7,098
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 | €547,416 | €503,086 | -€44,330 | -8.1% |
| Fixed assets | 21/28 | €297,806 | €254,437 | -€43,368 | -14.6% |
| Intangible fixed assets | 21 | €1,132 | €732 | -€400 | -35.3% |
| Tangible fixed assets | 22/27 | €296,250 | €253,281 | -€42,968 | -14.5% |
| Land and buildings | 22 | €194,506 | €178,845 | -€15,661 | -8.1% |
| Furniture and vehicles | 24 | €101,744 | €74,437 | -€27,307 | -26.8% |
| Financial fixed assets | 28 | €424 | €424 | = | 0.0% |
| Current assets | 29/58 | €249,611 | €248,649 | -€962 | -0.4% |
| Stocks and contracts in progress | 3 | €91,408 | €86,277 | -€5,131 | -5.6% |
| Stocks | 30/36 | €91,408 | €86,277 | -€5,131 | -5.6% |
| Amounts receivable within one year | 40/41 | €78,839 | €130,785 | +€51,945 | +65.9% |
| Trade receivables | 40 | €66,503 | €117,973 | +€51,470 | +77.4% |
| Other amounts receivable | 41 | €12,337 | €12,812 | +€475 | +3.9% |
| Cash at bank and in hand | 54/58 | €77,818 | €30,274 | -€47,544 | -61.1% |
| Deferred charges and accrued income | 490/1 | €1,545 | €1,313 | -€232 | -15.0% |
| Total equity and liabilities | 10/49 | €547,416 | €503,086 | -€44,330 | -8.1% |
| Equity | 10/15 | €130,466 | €135,066 | +€4,600 | +3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €101,176 | €106,476 | +€5,300 | +5.2% |
| Distributable reserves | 133 | €101,176 | €106,476 | +€5,300 | +5.2% |
| Profit (loss) carried forward | 14 | €1,236 | €1,310 | +€74 | +6.0% |
| Investment grants | 15 | €9,454 | €8,680 | -€774 | -8.2% |
| Amounts payable | 17/49 | €416,950 | €368,021 | -€48,930 | -11.7% |
| Amounts payable after more than one year | 17 | €155,902 | €122,927 | -€32,976 | -21.2% |
| Financial debts | 170/4 | €155,902 | €122,927 | -€32,976 | -21.2% |
| Amounts payable within one year | 42/48 | €256,309 | €241,028 | -€15,281 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €36,287 | €32,976 | -€3,311 | -9.1% |
| Financial debts | 43 | €90,984 | €90,818 | -€166 | -0.2% |
| Credit institutions | 430/8 | €90,984 | €90,818 | -€166 | -0.2% |
| Trade debts | 44 | €30,331 | €61,476 | +€31,145 | +103% |
| Suppliers | 440/4 | €30,331 | €61,476 | +€31,145 | +103% |
| Advances received on contracts in progress | 46 | €25,000 | - | -€25,000 | |
| Taxes, remuneration and social security | 45 | €57,882 | €45,934 | -€11,948 | -20.6% |
| Taxes | 450/3 | €20,455 | €6,358 | -€14,096 | -68.9% |
| Remuneration and social security | 454/9 | €37,428 | €39,575 | +€2,148 | +5.7% |
| Other amounts payable | 47/48 | €15,824 | €9,824 | -€6,000 | -37.9% |
| Accrued charges and deferred income | 492/3 | €4,739 | €4,066 | -€673 | -14.2% |
| Non-recurring operating income | 76A | €8,104 | - | -€8,104 | |
| Remuneration, social security and pensions | 62 | €313,865 | €345,071 | +€31,206 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,328 | €45,257 | +€1,928 | +4.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€8,027 | €1,182 | +€9,210 | |
| Other operating charges | 640/8 | €3,797 | €4,600 | +€803 | +21.1% |
| Non-recurring operating charges | 66A | €15,963 | - | -€15,963 | |
| Gross operating margin | 9900 | €443,094 | €431,732 | -€11,362 | -2.6% |
| Operating profit (loss) | 9901 | €74,168 | €35,622 | -€38,546 | -52.0% |
| Financial income | 75/76B | €3,241 | €1,690 | -€1,551 | -47.9% |
| Recurring financial income | 75 | €3,241 | €1,690 | -€1,551 | -47.9% |
| Financial charges | 65/66B | €14,525 | €15,040 | +€515 | +3.5% |
| Recurring financial charges | 65 | €14,525 | €15,040 | +€515 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €62,883 | €22,272 | -€40,611 | -64.6% |
| Income taxes | 67/77 | €14,050 | €7,098 | -€6,952 | -49.5% |
| Profit (loss) for the period | 9904 | €48,833 | €15,174 | -€33,659 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,833 | €15,174 | -€33,659 | -68.9% |
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 31 October 2026 via checked.be.