DESMET - BENOIT: 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.
DESMET - BENOIT
Largest movements
- Receivables within one year +€62,878
up €62,878 (+109.7%), from €57,335 to €120,213
of which Trade receivables: +€58,930
- Tangible fixed assets -€27,965
down €27,965 (-6.6%), from €420,817 to €392,852
of which Land and buildings: -€22,147
- Other debts +€21,681
up €21,681 (+13.6%), from €159,271 to €180,952
- Reserves +€19,307
up €19,307 (+20.6%), from €93,707 to €113,014
of which Distributable reserves: +€19,307
- Debts after one year -€8,678
down €8,678 (-4.3%), from €202,687 to €194,009
- Tax, wage and social debts -€7,381
down €7,381 (-25.6%), from €28,870 to €21,489
of which Taxes: -€8,731
- Trade debts +€6,252
up €6,252 (+226.2%), from €2,765 to €9,017
- Depreciation -€63,149
down €63,149 (-69.3%), from €91,114 to €27,965
- Gross operating margin -€46,343
down €46,343 (-40.7%), from €113,868 to €67,524
- Taxes +€6,974
up €6,974 (+137.0%), from €5,090 to €12,064
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 | €501,873 | €533,356 | +€31,483 | +6.3% |
| Fixed assets | 21/28 | €429,511 | €401,546 | -€27,965 | -6.5% |
| Tangible fixed assets | 22/27 | €420,817 | €392,852 | -€27,965 | -6.6% |
| Land and buildings | 22 | €401,500 | €379,353 | -€22,147 | -5.5% |
| Furniture and vehicles | 24 | €11,667 | €5,849 | -€5,818 | -49.9% |
| Other tangible fixed assets | 26 | €7,650 | €7,650 | = | 0.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €8,694 | €8,694 | = | 0.0% |
| Current assets | 29/58 | €72,362 | €131,810 | +€59,447 | +82.2% |
| Amounts receivable within one year | 40/41 | €57,335 | €120,213 | +€62,878 | +109.7% |
| Trade receivables | 40 | €56,945 | €115,875 | +€58,930 | +103.5% |
| Other amounts receivable | 41 | €390 | €4,338 | +€3,948 | +1011.9% |
| Cash at bank and in hand | 54/58 | €11,268 | €9,551 | -€1,717 | -15.2% |
| Deferred charges and accrued income | 490/1 | €3,759 | €2,046 | -€1,713 | -45.6% |
| Total equity and liabilities | 10/49 | €501,873 | €533,356 | +€31,483 | +6.3% |
| Equity | 10/15 | €99,905 | €119,211 | +€19,307 | +19.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €93,707 | €113,014 | +€19,307 | +20.6% |
| Tax-exempt reserves | 132 | €47 | €47 | = | 0.0% |
| Distributable reserves | 133 | €93,660 | €112,967 | +€19,307 | +20.6% |
| Amounts payable | 17/49 | €401,968 | €414,145 | +€12,176 | +3.0% |
| Amounts payable after more than one year | 17 | €202,687 | €194,009 | -€8,678 | -4.3% |
| Financial debts | 170/4 | €202,687 | €194,009 | -€8,678 | -4.3% |
| Amounts payable within one year | 42/48 | €199,282 | €220,136 | +€20,854 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €8,376 | €8,678 | +€302 | +3.6% |
| Trade debts | 44 | €2,765 | €9,017 | +€6,252 | +226.2% |
| Suppliers | 440/4 | €2,765 | €9,017 | +€6,252 | +226.2% |
| Taxes, remuneration and social security | 45 | €28,870 | €21,489 | -€7,381 | -25.6% |
| Taxes | 450/3 | €28,870 | €20,139 | -€8,731 | -30.2% |
| Remuneration and social security | 454/9 | - | €1,350 | +€1,350 | |
| Other amounts payable | 47/48 | €159,271 | €180,952 | +€21,681 | +13.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,114 | €27,965 | -€63,149 | -69.3% |
| Other operating charges | 640/8 | €384 | €513 | +€129 | +33.5% |
| Gross operating margin | 9900 | €113,868 | €67,524 | -€46,343 | -40.7% |
| Operating profit (loss) | 9901 | €22,369 | €39,046 | +€16,677 | +74.6% |
| Financial income | 75/76B | €49 | €55 | +€6 | +12.8% |
| Recurring financial income | 75 | €49 | €55 | +€6 | +12.8% |
| Financial charges | 65/66B | €8,081 | €7,731 | -€350 | -4.3% |
| Recurring financial charges | 65 | €8,081 | €7,731 | -€350 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €14,337 | €31,370 | +€17,033 | +118.8% |
| Income taxes | 67/77 | €5,090 | €12,064 | +€6,974 | +137.0% |
| Profit (loss) for the period | 9904 | €9,247 | €19,307 | +€10,059 | +108.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,247 | €19,307 | +€10,059 | +108.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.