DESCIMMO: 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.
DESCIMMO
Largest movements
- Tangible fixed assets +€89,616
up €89,616 (+9.4%), from €949,376 to €1.0m
- Cash +€11,880
up €11,880 (+834%), from €1,424 to €13,304
mainly Net result for the year (+€136,479) and Depreciation (+€33,413)
- Profit (loss) carried forward +€141,611
up €141,611 (+43.5%), from -€325,800 to -€184,189
- Debts after one year -€31,842
down €31,842 (-6.7%), from €476,763 to €444,921
- Trade debts -€23,189
down €23,189 (-19.4%), from €119,402 to €96,213
- Short-term financial debts +€20,000
new in 2025: €20,000
- Gross operating margin +€267,174
up €267,174, from -€74,265 to €192,910
- Other operating charges -€12,379
down €12,379 (-78.7%), from €15,724 to €3,345
- Financial charges -€11,793
down €11,793 (-44.1%), from €26,724 to €14,931
- Taxes +€6,243
up €6,243 (+2,989%), from €209 to €6,452
- Financial income -€4,623
no longer reported in 2025 (was €4,623)
of which Non-recurring financial income: -€3,869
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 | €952,603 | €1,056,975 | +€104,372 | +11.0% |
| Fixed assets | 21/28 | €949,376 | €1,038,992 | +€89,616 | +9.4% |
| Tangible fixed assets | 22/27 | €949,376 | €1,038,992 | +€89,616 | +9.4% |
| Land and buildings | 22 | €949,376 | €1,038,992 | +€89,616 | +9.4% |
| Current assets | 29/58 | €3,227 | €17,983 | +€14,756 | +457% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,424 | €13,304 | +€11,880 | +834% |
| Deferred charges and accrued income | 490/1 | €1,803 | €4,679 | +€2,875 | +159% |
| Total equity and liabilities | 10/49 | €952,603 | €1,056,975 | +€104,372 | +11.0% |
| Equity | 10/15 | €127,091 | €263,570 | +€136,479 | +107% |
| Contributions | 10/11 | €28,678 | €28,678 | = | 0.0% |
| Contributions outside capital | 11 | - | €28,678 | +€28,678 | |
| Other | 1109/19 | - | €28,678 | +€28,678 | |
| Reserves | 13 | €424,213 | €419,081 | -€5,132 | -1.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €121,245 | €116,113 | -€5,132 | -4.2% |
| Distributable reserves | 133 | €302,968 | €302,968 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€325,800 | -€184,189 | +€141,611 | +43.5% |
| Provisions and deferred taxes | 16 | €40,415 | €38,704 | -€1,711 | -4.2% |
| Deferred taxes | 168 | €40,415 | €38,704 | -€1,711 | -4.2% |
| Amounts payable | 17/49 | €785,097 | €754,700 | -€30,397 | -3.9% |
| Amounts payable after more than one year | 17 | €476,763 | €444,921 | -€31,842 | -6.7% |
| Financial debts | 170/4 | €476,763 | €444,921 | -€31,842 | -6.7% |
| Amounts payable within one year | 42/48 | €298,545 | €309,779 | +€11,234 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €30,930 | €34,454 | +€3,524 | +11.4% |
| Financial debts | 43 | - | €20,000 | +€20,000 | |
| Credit institutions | 430/8 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €119,402 | €96,213 | -€23,189 | -19.4% |
| Suppliers | 440/4 | €119,402 | €96,213 | -€23,189 | -19.4% |
| Taxes, remuneration and social security | 45 | €209 | €6,525 | +€6,316 | +3,024% |
| Taxes | 450/3 | €209 | €6,525 | +€6,316 | +3,024% |
| Other amounts payable | 47/48 | €148,005 | €152,587 | +€4,583 | +3.1% |
| Accrued charges and deferred income | 492/3 | €9,789 | - | -€9,789 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,339 | €33,413 | +€3,075 | +10.1% |
| Other operating charges | 640/8 | €15,724 | €3,345 | -€12,379 | -78.7% |
| Gross operating margin | 9900 | -€74,265 | €192,910 | +€267,174 | |
| Operating profit (loss) | 9901 | -€120,327 | €156,152 | +€276,479 | |
| Financial income | 75/76B | €4,623 | - | -€4,623 | |
| Recurring financial income | 75 | €754 | - | -€754 | |
| Non-recurring financial income | 76B | €3,869 | - | -€3,869 | |
| Financial charges | 65/66B | €26,724 | €14,931 | -€11,793 | -44.1% |
| Recurring financial charges | 65 | €26,724 | €14,931 | -€11,793 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | -€142,428 | €141,220 | +€283,648 | |
| Transfer from deferred taxes | 780 | €1,711 | €1,711 | = | 0.0% |
| Income taxes | 67/77 | €209 | €6,452 | +€6,243 | +2,989% |
| Profit (loss) for the period | 9904 | -€140,926 | €136,479 | +€277,405 | |
| Transfer from tax-exempt reserves | 789 | €5,132 | €5,132 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€135,794 | €141,611 | +€277,405 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.