DESMET JAN: 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 JAN
Largest movements
- Cash +€12,677
up €12,677 (+1267.7%), from €1,000 to €13,677
mainly Other debts (+€27,240) and Trade debts (+€24,049)
- Tangible fixed assets -€12,312
down €12,312 (-4.4%), from €277,458 to €265,146
of which Furniture and vehicles: -€10,580
- Other debts +€27,240
up €27,240 (+301.6%), from €9,033 to €36,272
- Trade debts +€24,049
up €24,049 (+89.0%), from €27,017 to €51,066
- Reserves -€21,719
down €21,719 (-37.7%), from €57,618 to €35,899
of which Distributable reserves: -€21,719
- Debts after one year -€15,629
down €15,629 (-10.0%), from €157,028 to €141,400
- Current portion of long-term debt -€8,281
down €8,281 (-34.6%), from €23,910 to €15,629
- Staff costs -€1,224
down €1,224 (-10.0%), from €12,283 to €11,058
- Gross operating margin +€1,221
up €1,221 (+2.3%), from €53,694 to €54,915
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 | €393,989 | €396,740 | +€2,751 | +0.7% |
| Fixed assets | 21/28 | €277,558 | €265,246 | -€12,312 | -4.4% |
| Tangible fixed assets | 22/27 | €277,458 | €265,146 | -€12,312 | -4.4% |
| Land and buildings | 22 | €258,100 | €258,100 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,386 | €1,655 | -€1,731 | -51.1% |
| Furniture and vehicles | 24 | €15,972 | €5,391 | -€10,580 | -66.2% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €116,431 | €131,494 | +€15,062 | +12.9% |
| Stocks and contracts in progress | 3 | €68,670 | €66,673 | -€1,997 | -2.9% |
| Stocks | 30/36 | €68,670 | €66,673 | -€1,997 | -2.9% |
| Amounts receivable within one year | 40/41 | €45,824 | €48,941 | +€3,117 | +6.8% |
| Trade receivables | 40 | €37,939 | €48,888 | +€10,949 | +28.9% |
| Other amounts receivable | 41 | €7,885 | €52 | -€7,833 | -99.3% |
| Cash at bank and in hand | 54/58 | €1,000 | €13,677 | +€12,677 | +1267.7% |
| Deferred charges and accrued income | 490/1 | €937 | €2,203 | +€1,266 | +135.1% |
| Total equity and liabilities | 10/49 | €393,989 | €396,740 | +€2,751 | +0.7% |
| Equity | 10/15 | €156,253 | €134,534 | -€21,719 | -13.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €57,618 | €35,899 | -€21,719 | -37.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €57,618 | €35,899 | -€21,719 | -37.7% |
| Profit (loss) carried forward | 14 | €92,435 | €92,435 | = | 0.0% |
| Amounts payable | 17/49 | €237,736 | €262,206 | +€24,469 | +10.3% |
| Amounts payable after more than one year | 17 | €157,028 | €141,400 | -€15,629 | -10.0% |
| Financial debts | 170/4 | €157,028 | €141,400 | -€15,629 | -10.0% |
| Amounts payable within one year | 42/48 | €80,434 | €120,798 | +€40,364 | +50.2% |
| Current portion of amounts payable after more than one year | 42 | €23,910 | €15,629 | -€8,281 | -34.6% |
| Financial debts | 43 | €13,363 | €6,000 | -€7,363 | -55.1% |
| Credit institutions | 430/8 | €13,363 | €6,000 | -€7,363 | -55.1% |
| Trade debts | 44 | €27,017 | €51,066 | +€24,049 | +89.0% |
| Suppliers | 440/4 | €27,017 | €51,066 | +€24,049 | +89.0% |
| Taxes, remuneration and social security | 45 | €7,112 | €11,831 | +€4,719 | +66.4% |
| Taxes | 450/3 | €2,505 | €7,097 | +€4,592 | +183.3% |
| Remuneration and social security | 454/9 | €4,606 | €4,734 | +€127 | +2.8% |
| Other amounts payable | 47/48 | €9,033 | €36,272 | +€27,240 | +301.6% |
| Accrued charges and deferred income | 492/3 | €274 | €8 | -€266 | -97.1% |
| Remuneration, social security and pensions | 62 | €12,283 | €11,058 | -€1,224 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,089 | €15,612 | +€522 | +3.5% |
| Other operating charges | 640/8 | €2,212 | €2,236 | +€24 | +1.1% |
| Gross operating margin | 9900 | €53,694 | €54,915 | +€1,221 | +2.3% |
| Operating profit (loss) | 9901 | €24,110 | €26,009 | +€1,899 | +7.9% |
| Financial income | 75/76B | €751 | €600 | -€151 | -20.1% |
| Recurring financial income | 75 | €751 | €600 | -€151 | -20.1% |
| Financial charges | 65/66B | €5,799 | €5,829 | +€30 | +0.5% |
| Recurring financial charges | 65 | €5,799 | €5,829 | +€30 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €19,062 | €20,781 | +€1,719 | +9.0% |
| Income taxes | 67/77 | €7,126 | €7,490 | +€364 | +5.1% |
| Profit (loss) for the period | 9904 | €11,936 | €13,291 | +€1,355 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,936 | €13,291 | +€1,355 | +11.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.