CASIMIR DESMET: 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.
CASIMIR DESMET
Largest movements
- Receivables within one year -€8,612
down €8,612 (-47.1%), from €18,266 to €9,654
of which Other amounts receivable: -€9,347
- Tangible fixed assets -€950
down €950 (-28.6%), from €3,321 to €2,371
- Other debts -€12,000
no longer reported in 2025 (was €12,000)
- Advances received +€4,737
new in 2025: €4,737
- Profit (loss) carried forward -€2,427
new in 2025: -€2,427
- Turnover -€44,779
down €44,779 (-65.4%), from €68,419 to €23,640
- Gross operating margin -€24,988
down €24,988, from €23,661 to -€1,327
- Purchases and services -€19,791
down €19,791 (-44.2%), from €44,758 to €24,967
- Taxes -€2,863
no longer reported in 2025 (was €2,863)
- Depreciation -€1,617
down €1,617 (-63.0%), from €2,566 to €949
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 | €22,940 | €13,513 | -€9,427 | -41.1% |
| Fixed assets | 21/28 | €3,321 | €2,371 | -€950 | -28.6% |
| Tangible fixed assets | 22/27 | €3,321 | €2,371 | -€950 | -28.6% |
| Plant, machinery and equipment | 23 | €3,321 | €2,371 | -€950 | -28.6% |
| Current assets | 29/58 | €19,619 | €11,142 | -€8,477 | -43.2% |
| Amounts receivable within one year | 40/41 | €18,266 | €9,654 | -€8,612 | -47.1% |
| Trade receivables | 40 | €1,008 | €1,743 | +€735 | +72.9% |
| Other amounts receivable | 41 | €17,258 | €7,911 | -€9,347 | -54.2% |
| Cash at bank and in hand | 54/58 | €1,353 | €1,488 | +€135 | +10.0% |
| Total equity and liabilities | 10/49 | €22,940 | €13,513 | -€9,427 | -41.1% |
| Equity | 10/15 | €7,952 | €5,525 | -€2,427 | -30.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €6,952 | €6,952 | = | 0.0% |
| Distributable reserves | 133 | €6,952 | €6,952 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,427 | -€2,427 | |
| Amounts payable | 17/49 | €14,988 | €7,988 | -€7,000 | -46.7% |
| Amounts payable within one year | 42/48 | €14,988 | €7,988 | -€7,000 | -46.7% |
| Trade debts | 44 | €125 | €241 | +€116 | +92.8% |
| Suppliers | 440/4 | €125 | €241 | +€116 | +92.8% |
| Advances received on contracts in progress | 46 | - | €4,737 | +€4,737 | |
| Taxes, remuneration and social security | 45 | €2,863 | €3,010 | +€147 | +5.1% |
| Taxes | 450/3 | €2,863 | €3,010 | +€147 | +5.1% |
| Other amounts payable | 47/48 | €12,000 | - | -€12,000 | |
| Turnover | 70 | €68,419 | €23,640 | -€44,779 | -65.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €44,758 | €24,967 | -€19,791 | -44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,566 | €949 | -€1,617 | -63.0% |
| Other operating charges | 640/8 | €28 | €360 | +€332 | +1,186% |
| Gross operating margin | 9900 | €23,661 | -€1,327 | -€24,988 | |
| Operating profit (loss) | 9901 | €21,067 | -€2,636 | -€23,703 | |
| Financial income | 75/76B | €881 | €312 | -€569 | -64.6% |
| Recurring financial income | 75 | €881 | €312 | -€569 | -64.6% |
| Financial charges | 65/66B | €133 | €103 | -€30 | -22.6% |
| Recurring financial charges | 65 | €133 | €103 | -€30 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €21,815 | -€2,427 | -€24,242 | |
| Income taxes | 67/77 | €2,863 | - | -€2,863 | |
| Profit (loss) for the period | 9904 | €18,952 | -€2,427 | -€21,379 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,952 | -€2,427 | -€21,379 |
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 16 October 2026 via checked.be.