DESMEE - GUILLOU: what changed
DESMEE - GUILLOU
Largest movements
- Receivables within one year +€44,232
up €44,232 (+941%), from €4,703 to €48,935
of which Other amounts receivable: +€22,198
- Current investments +€43,000
up €43,000 (+16.5%), from €260,000 to €303,000
- Tangible fixed assets -€20,807
down €20,807 (-48.8%), from €42,634 to €21,827
of which Furniture and vehicles: -€11,071
- Deferred charges and accrued income -€8,356
down €8,356 (-64.7%), from €12,914 to €4,559
- Reserves +€64,133
up €64,133 (+30.9%), from €207,500 to €271,633
- Tax, wage and social debts +€10,100
up €10,100 (+46.8%), from €21,575 to €31,676
of which Taxes: +€20,163
- Trade debts -€9,430
down €9,430 (-59.7%), from €15,807 to €6,377
- Other debts -€4,656
down €4,656 (-73.6%), from €6,322 to €1,666
- Gross operating margin +€31,281
up €31,281 (+41.1%), from €76,145 to €107,425
- Taxes +€18,445
up €18,445 (+140%), from €13,144 to €31,589
- Depreciation -€11,150
down €11,150 (-46.0%), from €24,246 to €13,096
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €327,558 | €386,559 | +€59,001 | +18.0% |
| Fixed assets | 21/28 | €42,860 | €22,053 | -€20,807 | -48.5% |
| Tangible fixed assets | 22/27 | €42,634 | €21,827 | -€20,807 | -48.8% |
| Land and buildings | 22 | €8,419 | - | -€8,419 | |
| Plant, machinery and equipment | 23 | €2,733 | €1,416 | -€1,317 | -48.2% |
| Furniture and vehicles | 24 | €31,482 | €20,411 | -€11,071 | -35.2% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €284,698 | €364,506 | +€79,808 | +28.0% |
| Amounts receivable within one year | 40/41 | €4,703 | €48,935 | +€44,232 | +941% |
| Trade receivables | 40 | €2,791 | €24,826 | +€22,034 | +789% |
| Other amounts receivable | 41 | €1,912 | €24,110 | +€22,198 | +1,161% |
| Current investments | 50/53 | €260,000 | €303,000 | +€43,000 | +16.5% |
| Cash at bank and in hand | 54/58 | €7,081 | €8,012 | +€932 | +13.2% |
| Deferred charges and accrued income | 490/1 | €12,914 | €4,559 | -€8,356 | -64.7% |
| Total equity and liabilities | 10/49 | €327,558 | €386,559 | +€59,001 | +18.0% |
| Equity | 10/15 | €283,853 | €346,320 | +€62,467 | +22.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €207,500 | €271,633 | +€64,133 | +30.9% |
| Distributable reserves | 133 | €207,500 | €271,633 | +€64,133 | +30.9% |
| Profit (loss) carried forward | 14 | €57,761 | €56,095 | -€1,666 | -2.9% |
| Amounts payable | 17/49 | €43,705 | €40,239 | -€3,465 | -7.9% |
| Amounts payable within one year | 42/48 | €43,705 | €39,718 | -€3,986 | -9.1% |
| Trade debts | 44 | €15,807 | €6,377 | -€9,430 | -59.7% |
| Suppliers | 440/4 | €15,807 | €6,377 | -€9,430 | -59.7% |
| Taxes, remuneration and social security | 45 | €21,575 | €31,676 | +€10,100 | +46.8% |
| Taxes | 450/3 | €1,513 | €21,676 | +€20,163 | +1,333% |
| Remuneration and social security | 454/9 | €20,062 | €10,000 | -€10,062 | -50.2% |
| Other amounts payable | 47/48 | €6,322 | €1,666 | -€4,656 | -73.6% |
| Accrued charges and deferred income | 492/3 | - | €521 | +€521 | |
| Non-recurring operating income | 76A | €11,451 | - | -€11,451 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,246 | €13,096 | -€11,150 | -46.0% |
| Other operating charges | 640/8 | €3,413 | €2,951 | -€462 | -13.5% |
| Gross operating margin | 9900 | €76,145 | €107,425 | +€31,281 | +41.1% |
| Operating profit (loss) | 9901 | €48,486 | €91,378 | +€42,892 | +88.5% |
| Financial income | 75/76B | €5,172 | €5,505 | +€334 | +6.5% |
| Recurring financial income | 75 | €5,172 | €5,505 | +€334 | +6.5% |
| Financial charges | 65/66B | €2,043 | €1,162 | -€882 | -43.1% |
| Recurring financial charges | 65 | €2,043 | €1,162 | -€882 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | €51,614 | €95,722 | +€44,107 | +85.5% |
| Income taxes | 67/77 | €13,144 | €31,589 | +€18,445 | +140% |
| Profit (loss) for the period | 9904 | €38,471 | €64,133 | +€25,662 | +66.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,471 | €64,133 | +€25,662 | +66.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.