DESMEKA: 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.
What changed
DESMEKA
NACE 70.100, Activities of head offices
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€16,740
2024 · €2,553+€14,187
Equity
€2.0m
2024 · €2.0m+€16,740
Cash
€28,275
2024 · €14,635+€13,640
Balance sheet total
€2.3m
2024 · €2.3m-€72,878
Largest movements
Assets
- Financial fixed assets -€90,360
down €90,360 (-5.0%), from €1.8m to €1.7m
Equity and liabilities
- Other debts -€80,821
down €80,821 (-23.4%), from €345,171 to €264,350
Income statement
- Gross operating margin +€10,747
up €10,747 (+44.6%), from €24,089 to €34,837
- Financial income +€4,714
up €4,714 (+29.0%), from €16,240 to €20,954
of which Financial income: +€4,736
- Taxes +€4,473
up €4,473 (+142.6%), from €3,136 to €7,608
- Financial charges -€2,301
down €2,301 (-16.0%), from €14,385 to €12,083
- Other operating charges -€1,037
down €1,037 (-21.3%), from €4,878 to €3,841
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.
Result 2024
€2,553
Gross operating margin
+€10,747
Depreciation
-€139
Other operating charges
+€1,037
Financial income
+€4,714
Financial charges
+€2,301
Taxes
-€4,473
Result 2025
€16,740
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.
From operations
-€73,827
Investment
+€87,467
Financing
€0
Cash 2024
€14,635
From operations (derived)
-€73,827
Net result for the year
+€16,740
Depreciation
+€15,518
Receivables within one year
-€12,321
Deferred charges and accrued income
-€4,145
Trade debts
-€3,321
Tax, wage and social debts
-€4,323
Other debts
-€80,821
Accrued charges and deferred income
-€1,153
Investment (derived)
+€87,467
Investment in fixed assets (net)
+€87,467
Cash 2025
€28,275
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,335,885 | €2,263,007 | -€72,878 | -3.1% |
| Fixed assets | 21/28 | €2,316,690 | €2,213,706 | -€102,985 | -4.4% |
| Tangible fixed assets | 22/27 | €502,959 | €490,334 | -€12,625 | -2.5% |
| Land and buildings | 22 | €490,485 | €477,284 | -€13,200 | -2.7% |
| Plant, machinery and equipment | 23 | €685 | €365 | -€319 | -46.6% |
| Furniture and vehicles | 24 | €5,802 | €7,144 | +€1,342 | +23.1% |
| Other tangible fixed assets | 26 | €5,988 | €5,540 | -€447 | -7.5% |
| Financial fixed assets | 28 | €1,813,731 | €1,723,372 | -€90,360 | -5.0% |
| Current assets | 29/58 | €19,195 | €49,301 | +€30,107 | +156.8% |
| Amounts receivable within one year | 40/41 | €2,451 | €14,772 | +€12,321 | +502.6% |
| Trade receivables | 40 | €480 | €7,260 | +€6,780 | +1412.5% |
| Other amounts receivable | 41 | €1,971 | €7,512 | +€5,541 | +281.1% |
| Cash at bank and in hand | 54/58 | €14,635 | €28,275 | +€13,640 | +93.2% |
| Deferred charges and accrued income | 490/1 | €2,109 | €6,254 | +€4,145 | +196.6% |
| Total equity and liabilities | 10/49 | €2,335,885 | €2,263,007 | -€72,878 | -3.1% |
| Equity | 10/15 | €1,957,033 | €1,973,773 | +€16,740 | +0.9% |
| Contributions | 10/11 | €750,780 | €750,780 | = | 0.0% |
| Reserves | 13 | €936,832 | €953,572 | +€16,740 | +1.8% |
| Non-distributable reserves | 130/1 | €75,078 | €75,078 | = | 0.0% |
| Reserves not available under the articles | 1311 | €75,078 | €75,078 | = | 0.0% |
| Distributable reserves | 133 | €861,754 | €878,494 | +€16,740 | +1.9% |
| Profit (loss) carried forward | 14 | €269,421 | €269,421 | = | 0.0% |
| Amounts payable | 17/49 | €378,852 | €289,234 | -€89,618 | -23.7% |
| Amounts payable within one year | 42/48 | €365,097 | €276,632 | -€88,465 | -24.2% |
| Trade debts | 44 | €4,171 | €850 | -€3,321 | -79.6% |
| Suppliers | 440/4 | €4,171 | €850 | -€3,321 | -79.6% |
| Taxes, remuneration and social security | 45 | €15,754 | €11,431 | -€4,323 | -27.4% |
| Taxes | 450/3 | €14,754 | €11,431 | -€3,323 | -22.5% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €345,171 | €264,350 | -€80,821 | -23.4% |
| Accrued charges and deferred income | 492/3 | €13,755 | €12,602 | -€1,153 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,378 | €15,518 | +€139 | +0.9% |
| Other operating charges | 640/8 | €4,878 | €3,841 | -€1,037 | -21.3% |
| Gross operating margin | 9900 | €24,089 | €34,837 | +€10,747 | +44.6% |
| Operating profit (loss) | 9901 | €3,833 | €15,478 | +€11,644 | +303.8% |
| Financial income | 75/76B | €16,240 | €20,954 | +€4,714 | +29.0% |
| Recurring financial income | 75 | €16,128 | €20,864 | +€4,736 | +29.4% |
| Non-recurring financial income | 76B | €112 | €90 | -€22 | -19.6% |
| Financial charges | 65/66B | €14,385 | €12,083 | -€2,301 | -16.0% |
| Recurring financial charges | 65 | €14,385 | €12,083 | -€2,301 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €5,688 | €24,348 | +€18,660 | +328.0% |
| Income taxes | 67/77 | €3,136 | €7,608 | +€4,473 | +142.6% |
| Profit (loss) for the period | 9904 | €2,553 | €16,740 | +€14,187 | +555.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,553 | €16,740 | +€14,187 | +555.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.