Desmet Climatisation: 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.
Desmet Climatisation
Largest movements
- Receivables within one year +€301,896
up €301,896 (+131%), from €230,491 to €532,387
of which Trade receivables: +€319,067
- Cash +€222,932
up €222,932 (+476%), from €46,829 to €269,760
mainly Net result for the year (+€397,178) and Other debts (+€359,292)
- Other debts +€359,292
up €359,292 (+7,375%), from €4,872 to €364,164
- Accrued charges and deferred income +€133,695
up €133,695 (+8,029%), from €1,665 to €135,360
- Current portion of long-term debt +€104,554
up €104,554 (+312%), from €33,525 to €138,080
- Reserves +€100,000
up €100,000 (+56.2%), from €178,000 to €278,000
- Trade debts -€70,315
down €70,315 (-85.4%), from €82,349 to €12,034
- Gross operating margin +€640,548
up €640,548 (+219%), from €292,215 to €932,763
- Staff costs +€210,791
up €210,791 (+189%), from €111,266 to €322,057
- Taxes +€105,070
up €105,070 (+260%), from €40,445 to €145,514
- Financial charges +€15,526
up €15,526 (+162%), from €9,579 to €25,106
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 | €623,616 | €1,167,251 | +€543,634 | +87.2% |
| Fixed assets | 21/28 | €292,958 | €295,959 | +€3,001 | +1.0% |
| Tangible fixed assets | 22/27 | €292,958 | €295,959 | +€3,001 | +1.0% |
| Land and buildings | 22 | €256,844 | €245,373 | -€11,471 | -4.5% |
| Plant, machinery and equipment | 23 | - | €2,392 | +€2,392 | |
| Furniture and vehicles | 24 | €36,114 | €48,194 | +€12,081 | +33.5% |
| Current assets | 29/58 | €330,659 | €871,292 | +€540,633 | +164% |
| Stocks and contracts in progress | 3 | €38,706 | €46,678 | +€7,972 | +20.6% |
| Stocks | 30/36 | €38,706 | €46,678 | +€7,972 | +20.6% |
| Amounts receivable within one year | 40/41 | €230,491 | €532,387 | +€301,896 | +131% |
| Trade receivables | 40 | €185,198 | €504,265 | +€319,067 | +172% |
| Other amounts receivable | 41 | €45,293 | €28,122 | -€17,171 | -37.9% |
| Current investments | 50/53 | - | €2,000 | +€2,000 | |
| Cash at bank and in hand | 54/58 | €46,829 | €269,760 | +€222,932 | +476% |
| Deferred charges and accrued income | 490/1 | €14,632 | €20,467 | +€5,834 | +39.9% |
| Total equity and liabilities | 10/49 | €623,616 | €1,167,251 | +€543,634 | +87.2% |
| Equity | 10/15 | €248,647 | €285,000 | +€36,353 | +14.6% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €178,000 | €278,000 | +€100,000 | +56.2% |
| Distributable reserves | 133 | €178,000 | €278,000 | +€100,000 | +56.2% |
| Profit (loss) carried forward | 14 | €63,647 | €0 | -€63,647 | -100% |
| Amounts payable | 17/49 | €374,969 | €882,251 | +€507,281 | +135% |
| Amounts payable after more than one year | 17 | €237,337 | €228,467 | -€8,870 | -3.7% |
| Financial debts | 170/4 | €237,337 | €228,467 | -€8,870 | -3.7% |
| Amounts payable within one year | 42/48 | €135,967 | €518,423 | +€382,456 | +281% |
| Current portion of amounts payable after more than one year | 42 | €33,525 | €138,080 | +€104,554 | +312% |
| Trade debts | 44 | €82,349 | €12,034 | -€70,315 | -85.4% |
| Suppliers | 440/4 | €82,349 | €12,034 | -€70,315 | -85.4% |
| Taxes, remuneration and social security | 45 | €15,221 | €4,146 | -€11,076 | -72.8% |
| Taxes | 450/3 | €7,408 | €4,146 | -€3,263 | -44.0% |
| Remuneration and social security | 454/9 | €7,813 | - | -€7,813 | |
| Other amounts payable | 47/48 | €4,872 | €364,164 | +€359,292 | +7,375% |
| Accrued charges and deferred income | 492/3 | €1,665 | €135,360 | +€133,695 | +8,029% |
| Remuneration, social security and pensions | 62 | €111,266 | €322,057 | +€210,791 | +189% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,781 | €39,976 | +€6,195 | +18.3% |
| Other operating charges | 640/8 | €2,787 | €4,073 | +€1,286 | +46.2% |
| Gross operating margin | 9900 | €292,215 | €932,763 | +€640,548 | +219% |
| Operating profit (loss) | 9901 | €144,381 | €566,657 | +€422,276 | +292% |
| Financial income | 75/76B | €578 | €1,141 | +€563 | +97.4% |
| Recurring financial income | 75 | €578 | €1,141 | +€563 | +97.4% |
| Financial charges | 65/66B | €9,579 | €25,106 | +€15,526 | +162% |
| Recurring financial charges | 65 | €9,579 | €25,106 | +€15,526 | +162% |
| Profit (loss) for the period before taxes | 9903 | €135,380 | €542,693 | +€407,313 | +301% |
| Income taxes | 67/77 | €40,445 | €145,514 | +€105,070 | +260% |
| Profit (loss) for the period | 9904 | €94,935 | €397,178 | +€302,243 | +318% |
| Profit (loss) for the period to be appropriated | 9905 | €94,935 | €397,178 | +€302,243 | +318% |
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 18 October 2026 via checked.be.