Desimpel-Trans: what changed
Two fiscal 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-Trans
Largest movements
- Tangible fixed assets +€130,489
up €130,489 (+8.8%), from €1.5m to €1.6m
of which Leasing and similar rights: +€211,196
- Receivables within one year +€112,658
up €112,658 (+9.7%), from €1.2m to €1.3m
of which Trade receivables: +€110,482
- Receivables after one year +€105,015
up €105,015 (+54.3%), from €193,254 to €298,269
- Cash +€69,199
up €69,199 (+116.8%), from €59,253 to €128,452
mainly Depreciation (+€558,993) and Net result for the year (+€205,346)
- Debts after one year +€122,200
up €122,200 (+9.1%), from €1.3m to €1.5m
- Trade debts +€118,997
up €118,997 (+77.1%), from €154,385 to €273,382
- Reserves +€62,881
up €62,881 (+5.1%), from €1.2m to €1.3m
of which Distributable reserves: +€168,131
- Current portion of long-term debt +€57,283
up €57,283 (+13.1%), from €438,809 to €496,092
- Gross operating margin +€144,612
up €144,612 (+5.7%), from €2.5m to €2.7m
- Staff costs +€57,207
up €57,207 (+3.4%), from €1.7m to €1.7m
- Taxes +€36,461
up €36,461 (+110.6%), from €32,970 to €69,431
- Depreciation -€30,817
down €30,817 (-5.2%), from €589,809 to €558,993
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 | €3,859,884 | €4,274,918 | +€415,035 | +10.8% |
| Fixed assets | 21/28 | €1,497,759 | €1,640,533 | +€142,774 | +9.5% |
| Intangible fixed assets | 21 | - | €11,610 | +€11,610 | |
| Tangible fixed assets | 22/27 | €1,488,339 | €1,618,828 | +€130,489 | +8.8% |
| Land and buildings | 22 | €104,793 | €94,277 | -€10,516 | -10.0% |
| Plant, machinery and equipment | 23 | €188,129 | €167,498 | -€20,631 | -11.0% |
| Furniture and vehicles | 24 | €137,118 | €87,559 | -€49,560 | -36.1% |
| Leasing and similar rights | 25 | €1,058,298 | €1,269,494 | +€211,196 | +20.0% |
| Financial fixed assets | 28 | €9,420 | €10,095 | +€675 | +7.2% |
| Current assets | 29/58 | €2,362,125 | €2,634,385 | +€272,260 | +11.5% |
| Amounts receivable after more than one year | 29 | €193,254 | €298,269 | +€105,015 | +54.3% |
| Other amounts receivable | 291 | €193,254 | €298,269 | +€105,015 | +54.3% |
| Amounts receivable within one year | 40/41 | €1,156,953 | €1,269,610 | +€112,658 | +9.7% |
| Trade receivables | 40 | €1,111,019 | €1,221,501 | +€110,482 | +9.9% |
| Other amounts receivable | 41 | €45,934 | €48,110 | +€2,176 | +4.7% |
| Current investments | 50/53 | €831,267 | €813,246 | -€18,021 | -2.2% |
| Cash at bank and in hand | 54/58 | €59,253 | €128,452 | +€69,199 | +116.8% |
| Deferred charges and accrued income | 490/1 | €121,398 | €124,808 | +€3,410 | +2.8% |
| Total equity and liabilities | 10/49 | €3,859,884 | €4,274,918 | +€415,035 | +10.8% |
| Equity | 10/15 | €1,259,520 | €1,315,100 | +€55,581 | +4.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,226,470 | €1,289,350 | +€62,881 | +5.1% |
| Tax-exempt reserves | 132 | €161,000 | €55,750 | -€105,250 | -65.4% |
| Distributable reserves | 133 | €1,065,470 | €1,233,600 | +€168,131 | +15.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €14,500 | €7,200 | -€7,300 | -50.3% |
| Amounts payable | 17/49 | €2,600,364 | €2,959,818 | +€359,454 | +13.8% |
| Amounts payable after more than one year | 17 | €1,349,240 | €1,471,440 | +€122,200 | +9.1% |
| Financial debts | 170/4 | €1,349,240 | €1,471,440 | +€122,200 | +9.1% |
| Amounts payable within one year | 42/48 | €1,251,124 | €1,488,378 | +€237,254 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | €438,809 | €496,092 | +€57,283 | +13.1% |
| Financial debts | 43 | €372,195 | €371,834 | -€361 | -0.1% |
| Credit institutions | 430/8 | €372,195 | €371,834 | -€361 | -0.1% |
| Trade debts | 44 | €154,385 | €273,382 | +€118,997 | +77.1% |
| Suppliers | 440/4 | €154,385 | €273,382 | +€118,997 | +77.1% |
| Taxes, remuneration and social security | 45 | €236,475 | €270,896 | +€34,421 | +14.6% |
| Taxes | 450/3 | €47,049 | €87,575 | +€40,526 | +86.1% |
| Remuneration and social security | 454/9 | €189,426 | €183,321 | -€6,105 | -3.2% |
| Other amounts payable | 47/48 | €49,260 | €76,175 | +€26,915 | +54.6% |
| Remuneration, social security and pensions | 62 | €1,677,889 | €1,735,095 | +€57,207 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €589,809 | €558,993 | -€30,817 | -5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,241 | €0 | -€2,241 | -100.0% |
| Other operating charges | 640/8 | €31,209 | €45,948 | +€14,738 | +47.2% |
| Gross operating margin | 9900 | €2,537,233 | €2,681,846 | +€144,612 | +5.7% |
| Operating profit (loss) | 9901 | €236,085 | €341,810 | +€105,725 | +44.8% |
| Financial income | 75/76B | €63,789 | €57,165 | -€6,624 | -10.4% |
| Recurring financial income | 75 | €63,789 | €57,165 | -€6,624 | -10.4% |
| Financial charges | 65/66B | €137,416 | €124,198 | -€13,218 | -9.6% |
| Recurring financial charges | 65 | €137,416 | €124,198 | -€13,218 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €162,458 | €274,777 | +€112,319 | +69.1% |
| Income taxes | 67/77 | €32,970 | €69,431 | +€36,461 | +110.6% |
| Profit (loss) for the period | 9904 | €129,488 | €205,346 | +€75,858 | +58.6% |
| Transfer from tax-exempt reserves | 789 | - | €105,250 | +€105,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €129,488 | €310,596 | +€181,108 | +139.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.