GROUPE DEMAN: 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.
What changed
GROUPE DEMAN
NACE 64.210, Activities of holding companies
financial year 2023 compared with 2022filed annual accounts (NBB)
Net result for the year
-€216,249
2022 · €504,708-€720,957
Equity
€4.5m
2022 · €4.7m-€216,249
Cash
€19,878
2022 · €20,546-€668
Balance sheet total
€10.0m
2022 · €9.8m+€150,534
Largest movements
Assets
- Tangible fixed assets +€1.1m
up €1.1m, from €0 to €1.1m
- Receivables within one year -€957,462
down €957,462 (-47.0%), from €2.0m to €1.1m
of which Other amounts receivable: -€763,430
Equity and liabilities
- Accrued charges and deferred income +€204,067
up €204,067 (+25.0%), from €815,933 to €1.0m
- Profit (loss) carried forward -€192,406
down €192,406 (-41.5%), from €463,304 to €270,898
- Other debts +€167,370
up €167,370 (+30.4%), from €550,333 to €717,703
Income statement
- Financial income -€785,488
down €785,488 (-99.8%), from €786,862 to €1,374
of which Non-recurring financial income: -€635,822
- Turnover +€182,858
up €182,858, from €0 to €182,858
- Depreciation +€70,331
new in 2023: €70,331
- Other operating charges +€39,755
up €39,755 (+744%), from €5,343 to €45,098
- Staff costs -€30,334
down €30,334 (-16.0%), from €189,498 to €159,165
From the 2022 result to the 2023 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 2022
€504,708
Gross operating margin
-€22,723
Staff costs
+€30,334
Depreciation
-€70,331
Other operating charges
-€39,755
Financial income
-€785,488
Financial charges
+€35
Taxes
+€69
Deferred taxes and other
+€166,903
Result 2023
-€216,249
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.2m
Investment
-€1.2m
Financing
€0
Cash 2022
€20,546
From operations (derived)
+€1.2m
Net result for the year
-€216,249
Depreciation
+€70,331
Receivables within one year
+€957,462
Deferred charges and accrued income
+€43,300
Provisions
-€7,948
Trade debts
+€3,391
Tax, wage and social debts
-€96
Other debts
+€167,370
Accrued charges and deferred income
+€204,067
Investment (derived)
-€1.2m
Investment in fixed assets (net)
-€1.2m
Current investments
-€12,164
Cash 2023
€19,878
brings cash intakes cash out
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,820,847 | €9,971,381 | +€150,534 | +1.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €7,678,458 | €8,818,257 | +€1.1m | +14.8% |
| Tangible fixed assets | 22/27 | €0 | €1,139,799 | +€1.1m | |
| Land and buildings | 22 | €0 | €1,139,799 | +€1.1m | |
| Financial fixed assets | 28 | €7,678,458 | €7,678,458 | = | 0.0% |
| Current assets | 29/58 | €2,142,389 | €1,153,124 | -€989,265 | -46.2% |
| Amounts receivable within one year | 40/41 | €2,039,275 | €1,081,813 | -€957,462 | -47.0% |
| Trade receivables | 40 | €201,002 | €6,970 | -€194,032 | -96.5% |
| Other amounts receivable | 41 | €1,838,273 | €1,074,843 | -€763,430 | -41.5% |
| Current investments | 50/53 | €36,450 | €48,614 | +€12,164 | +33.4% |
| Cash at bank and in hand | 54/58 | €20,546 | €19,878 | -€668 | -3.3% |
| Deferred charges and accrued income | 490/1 | €46,118 | €2,818 | -€43,300 | -93.9% |
| Total equity and liabilities | 10/49 | €9,820,847 | €9,971,381 | +€150,534 | +1.5% |
| Equity | 10/15 | €4,706,355 | €4,490,105 | -€216,249 | -4.6% |
| Contributions | 10/11 | €3,725,432 | €3,725,432 | = | 0.0% |
| Capital | 10 | €3,725,432 | €3,725,432 | = | 0.0% |
| Issued capital | 100 | €3,725,432 | €3,725,432 | = | 0.0% |
| Reserves | 13 | €517,619 | €493,776 | -€23,843 | -4.6% |
| Non-distributable reserves | 130/1 | €40,753 | €40,753 | = | 0.0% |
| Legal reserve | 130 | €40,753 | €40,753 | = | 0.0% |
| Tax-exempt reserves | 132 | €476,867 | €453,023 | -€23,843 | -5.0% |
| Profit (loss) carried forward | 14 | €463,304 | €270,898 | -€192,406 | -41.5% |
| Provisions and deferred taxes | 16 | €158,956 | €151,008 | -€7,948 | -5.0% |
| Deferred taxes | 168 | €158,956 | €151,008 | -€7,948 | -5.0% |
| Amounts payable | 17/49 | €4,955,536 | €5,330,268 | +€374,731 | +7.6% |
| Amounts payable after more than one year | 17 | €3,553,166 | €3,553,166 | = | 0.0% |
| Financial debts | 170/4 | €3,400,000 | €3,400,000 | = | 0.0% |
| Other amounts payable | 178/9 | €153,166 | €153,166 | = | 0.0% |
| Amounts payable within one year | 42/48 | €586,438 | €757,102 | +€170,664 | +29.1% |
| Trade debts | 44 | €16,840 | €20,231 | +€3,391 | +20.1% |
| Suppliers | 440/4 | €16,840 | €20,231 | +€3,391 | +20.1% |
| Taxes, remuneration and social security | 45 | €19,265 | €19,168 | -€96 | -0.5% |
| Taxes | 450/3 | €0 | €1,191 | +€1,191 | |
| Remuneration and social security | 454/9 | €19,265 | €17,978 | -€1,287 | -6.7% |
| Other amounts payable | 47/48 | €550,333 | €717,703 | +€167,370 | +30.4% |
| Accrued charges and deferred income | 492/3 | €815,933 | €1,020,000 | +€204,067 | +25.0% |
| Turnover | 70 | €0 | €182,858 | +€182,858 | |
| Non-recurring operating income | 76A | €0 | €15,184 | +€15,184 | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €7,057 | +€7,057 | |
| Remuneration, social security and pensions | 62 | €189,498 | €159,165 | -€30,334 | -16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €70,331 | +€70,331 | |
| Other operating charges | 640/8 | €5,343 | €45,098 | +€39,755 | +744% |
| Gross operating margin | 9900 | €276,637 | €253,914 | -€22,723 | -8.2% |
| Operating profit (loss) | 9901 | €81,795 | -€20,680 | -€102,475 | |
| Financial income | 75/76B | €786,862 | €1,374 | -€785,488 | -99.8% |
| Recurring financial income | 75 | €151,040 | €1,374 | -€149,666 | -99.1% |
| Non-recurring financial income | 76B | €635,822 | - | -€635,822 | |
| Financial charges | 65/66B | €204,685 | €204,651 | -€35 | 0.0% |
| Recurring financial charges | 65 | €204,685 | €204,651 | -€35 | 0.0% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €663,972 | -€223,957 | -€887,929 | |
| Transfer from deferred taxes | 780 | - | €7,948 | +€7,948 | |
| Transfer to deferred taxes | 680 | €158,956 | €0 | -€158,956 | -100% |
| Income taxes | 67/77 | €309 | €240 | -€69 | -22.3% |
| Profit (loss) for the period | 9904 | €504,708 | -€216,249 | -€720,957 | |
| Transfer from tax-exempt reserves | 789 | - | €23,843 | +€23,843 | |
| Transfer to tax-exempt reserves | 689 | €476,867 | €0 | -€476,867 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €27,841 | -€192,406 | -€220,247 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.