Desmedt: 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.
Desmedt
Largest movements
- Receivables after one year -€208,121
no longer reported in 2025 (was €208,121)
- Cash -€55,117
down €55,117 (-59.0%), from €93,415 to €38,297
mainly Contributions, distributions and other (-€272,000) and Tax, wage and social debts (-€4,094)
- Contributions -€218,280
down €218,280 (-78.0%), from €279,723 to €61,443
- Profit (loss) carried forward -€44,992
down €44,992 (-65.4%), from €68,841 to €23,849
- Tax, wage and social debts -€4,094
no longer reported in 2025 (was €4,094)
- Gross operating margin -€2,169
down €2,169 (-12.0%), from €18,100 to €15,931
- Other operating charges +€298
up €298 (+3.3%), from €8,902 to €9,200
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 | €357,259 | €92,400 | -€264,859 | -74.1% |
| Fixed assets | 21/28 | €48,561 | €48,561 | = | 0.0% |
| Tangible fixed assets | 22/27 | €48,561 | €48,561 | = | 0.0% |
| Land and buildings | 22 | €48,561 | €48,561 | = | 0.0% |
| Current assets | 29/58 | €308,698 | €43,839 | -€264,859 | -85.8% |
| Amounts receivable after more than one year | 29 | €208,121 | - | -€208,121 | |
| Other amounts receivable | 291 | €208,121 | - | -€208,121 | |
| Amounts receivable within one year | 40/41 | €2,950 | €835 | -€2,115 | -71.7% |
| Trade receivables | 40 | €2,950 | €57 | -€2,893 | -98.1% |
| Other amounts receivable | 41 | - | €778 | +€778 | |
| Cash at bank and in hand | 54/58 | €93,415 | €38,297 | -€55,117 | -59.0% |
| Deferred charges and accrued income | 490/1 | €4,212 | €4,707 | +€494 | +11.7% |
| Total equity and liabilities | 10/49 | €357,259 | €92,400 | -€264,859 | -74.1% |
| Equity | 10/15 | €348,564 | €85,292 | -€263,272 | -75.5% |
| Contributions | 10/11 | €279,723 | €61,443 | -€218,280 | -78.0% |
| Profit (loss) carried forward | 14 | €68,841 | €23,849 | -€44,992 | -65.4% |
| Amounts payable | 17/49 | €8,695 | €7,108 | -€1,587 | -18.3% |
| Amounts payable within one year | 42/48 | €8,695 | €7,108 | -€1,587 | -18.3% |
| Trade debts | 44 | €4,601 | €7,108 | +€2,507 | +54.5% |
| Suppliers | 440/4 | €4,601 | €7,108 | +€2,507 | +54.5% |
| Taxes, remuneration and social security | 45 | €4,094 | - | -€4,094 | |
| Taxes | 450/3 | €4,094 | - | -€4,094 | |
| Other operating charges | 640/8 | €8,902 | €9,200 | +€298 | +3.3% |
| Gross operating margin | 9900 | €18,100 | €15,931 | -€2,169 | -12.0% |
| Operating profit (loss) | 9901 | €9,198 | €6,731 | -€2,467 | -26.8% |
| Financial income | 75/76B | €2,061 | €2,081 | +€20 | +1.0% |
| Recurring financial income | 75 | €2,061 | €2,081 | +€20 | +1.0% |
| Financial charges | 65/66B | €79 | €84 | +€6 | +7.2% |
| Recurring financial charges | 65 | €79 | €84 | +€6 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €11,180 | €8,728 | -€2,452 | -21.9% |
| Profit (loss) for the period | 9904 | €11,180 | €8,728 | -€2,452 | -21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,180 | €8,728 | -€2,452 | -21.9% |
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 14 October 2026 via checked.be.