DESIMPEL CONSTRUCT: 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.
DESIMPEL CONSTRUCT
Largest movements
- Stocks and contracts -€1.3m
down €1.3m (-65.9%), from €2.0m to €681,868
- Current investments +€400,331
new in 2025: €400,331
- Cash +€136,868
up €136,868 (+167.7%), from €81,592 to €218,460
mainly Stocks and contracts (+€1.3m) and Trade debts (+€20,208)
- Receivables within one year +€30,318
up €30,318 (+533.3%), from €5,685 to €36,004
of which Other amounts receivable: +€27,512
- Other debts -€680,000
down €680,000 (-100.0%), from €680,000 to €0
- Profit (loss) carried forward -€90,366
down €90,366 (-5.8%), from -€1.6m to -€1.7m
- Gross operating margin -€73,336
down €73,336 (-635.3%), from -€11,544 to -€84,880
- Other operating charges -€3,362
down €3,362 (-35.6%), from €9,456 to €6,093
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.
Cash bridge derived
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 | €2,086,038 | €1,336,663 | -€749,374 | -35.9% |
| Current assets | 29/58 | €2,086,038 | €1,336,663 | -€749,374 | -35.9% |
| Stocks and contracts in progress | 3 | €1,998,761 | €681,868 | -€1.3m | -65.9% |
| Stocks | 30/36 | €1,998,761 | €681,868 | -€1.3m | -65.9% |
| Amounts receivable within one year | 40/41 | €5,685 | €36,004 | +€30,318 | +533.3% |
| Trade receivables | 40 | €2,358 | €5,164 | +€2,806 | +119.0% |
| Other amounts receivable | 41 | €3,327 | €30,839 | +€27,512 | +826.9% |
| Current investments | 50/53 | - | €400,331 | +€400,331 | |
| Cash at bank and in hand | 54/58 | €81,592 | €218,460 | +€136,868 | +167.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €2,086,038 | €1,336,663 | -€749,374 | -35.9% |
| Equity | 10/15 | -€1,498,464 | -€1,588,830 | -€90,366 | -6.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,566,664 | -€1,657,030 | -€90,366 | -5.8% |
| Amounts payable | 17/49 | €3,584,502 | €2,925,494 | -€659,008 | -18.4% |
| Amounts payable after more than one year | 17 | €2,900,000 | €2,900,000 | = | 0.0% |
| Financial debts | 170/4 | €2,900,000 | €2,900,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €684,502 | €25,494 | -€659,008 | -96.3% |
| Trade debts | 44 | €4,502 | €24,710 | +€20,208 | +448.9% |
| Suppliers | 440/4 | €4,502 | €24,710 | +€20,208 | +448.9% |
| Taxes, remuneration and social security | 45 | - | €784 | +€784 | |
| Taxes | 450/3 | - | €784 | +€784 | |
| Other amounts payable | 47/48 | €680,000 | €0 | -€680,000 | -100.0% |
| Other operating charges | 640/8 | €9,456 | €6,093 | -€3,362 | -35.6% |
| Gross operating margin | 9900 | -€11,544 | -€84,880 | -€73,336 | -635.3% |
| Operating profit (loss) | 9901 | -€20,999 | -€90,973 | -€69,974 | -333.2% |
| Financial income | 75/76B | €432 | €696 | +€265 | +61.3% |
| Recurring financial income | 75 | €432 | €696 | +€265 | +61.3% |
| Financial charges | 65/66B | €58 | €89 | +€31 | +52.3% |
| Recurring financial charges | 65 | €58 | €89 | +€31 | +52.3% |
| Profit (loss) for the period before taxes | 9903 | -€20,626 | -€90,366 | -€69,740 | -338.1% |
| Profit (loss) for the period | 9904 | -€20,626 | -€90,366 | -€69,740 | -338.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,626 | -€90,366 | -€69,740 | -338.1% |
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 10 October 2026 via checked.be.