DESMET YANNIC: 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.
What changed
DESMET YANNIC
NACE 55.300, Accommodation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€33,526
2024 · €142,686-€109,160
Equity
€301,031
2024 · €276,255+€24,776
Cash
€139,511
2024 · €42,957+€96,554
Balance sheet total
€9.2m
2024 · €9.8m-€612,923
Largest movements
Assets
- Stocks and contracts -€1.5m
down €1.5m (-43.2%), from €3.4m to €1.9m
- Tangible fixed assets +€701,083
up €701,083 (+61.5%), from €1.1m to €1.8m
of which Assets under construction and advance payments: +€499,015
Equity and liabilities
- Advances received -€729,229
down €729,229 (-16.9%), from €4.3m to €3.6m
- Debts after one year +€373,583
up €373,583 (+84.3%), from €443,084 to €816,667
- Tax, wage and social debts -€285,319
down €285,319 (-69.7%), from €409,452 to €124,133
of which Taxes: -€293,824
- Trade debts -€246,522
down €246,522 (-8.5%), from €2.9m to €2.7m
- Other debts +€151,229
up €151,229 (+149%), from €101,776 to €253,005
Income statement
- Gross operating margin -€179,720
down €179,720 (-16.6%), from €1.1m to €901,796
- Taxes -€88,676
down €88,676 (-98.9%), from €89,676 to €1,000
- Provisions -€44,643
down €44,643 (-120%), from -€37,289 to -€81,933
- Depreciation +€30,756
up €30,756 (+19.2%), from €159,902 to €190,658
- Staff costs +€27,282
up €27,282 (+5.6%), from €486,582 to €513,865
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
€142,686
Gross operating margin
-€179,720
Staff costs
-€27,282
Depreciation
-€30,756
Provisions
+€44,643
Other operating charges
+€21,247
Financial income
-€13,349
Financial charges
-€12,619
Taxes
+€88,676
Result 2025
€33,526
raises the resultlowers the result
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.
From operations
+€564,594
Investment
-€891,741
Financing
+€423,701
Cash 2024
€42,957
From operations (derived)
+€564,594
Net result for the year
+€33,526
Depreciation
+€190,658
Stocks and contracts
+€1.5m
Receivables within one year
-€54,412
Deferred charges and accrued income
+€6,073
Provisions
-€81,933
Trade debts
-€246,522
Tax, wage and social debts
-€285,319
Advances received
-€729,229
Other debts
+€151,229
Accrued charges and deferred income
+€121,622
Investment (derived)
-€891,741
Investment in fixed assets (net)
-€891,741
Financing
+€423,701
Debts after one year
+€373,583
Current portion of long-term debt
+€54,702
Short-term financial debts
+€4,167
Contributions, distributions and other
-€8,750
Cash 2025
€139,511
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,764,065 | €9,151,142 | -€612,923 | -6.3% |
| Fixed assets | 21/28 | €1,142,683 | €1,843,766 | +€701,083 | +61.4% |
| Tangible fixed assets | 22/27 | €1,140,199 | €1,841,282 | +€701,083 | +61.5% |
| Land and buildings | 22 | €176,402 | €157,989 | -€18,413 | -10.4% |
| Plant, machinery and equipment | 23 | €381,486 | €423,155 | +€41,669 | +10.9% |
| Furniture and vehicles | 24 | €179,995 | €288,806 | +€108,812 | +60.5% |
| Other tangible fixed assets | 26 | - | €70,000 | +€70,000 | |
| Assets under construction and advance payments | 27 | €402,316 | €901,331 | +€499,015 | +124% |
| Financial fixed assets | 28 | €2,484 | €2,484 | = | 0.0% |
| Current assets | 29/58 | €8,621,382 | €7,307,377 | -€1.3m | -15.2% |
| Stocks and contracts in progress | 3 | €3,375,350 | €1,916,451 | -€1.5m | -43.2% |
| Stocks | 30/36 | €3,375,350 | €1,916,451 | -€1.5m | -43.2% |
| Amounts receivable within one year | 40/41 | €5,125,177 | €5,179,589 | +€54,412 | +1.1% |
| Trade receivables | 40 | €329,909 | €1,399,032 | +€1.1m | +324% |
| Other amounts receivable | 41 | €4,795,268 | €3,780,557 | -€1.0m | -21.2% |
| Cash at bank and in hand | 54/58 | €42,957 | €139,511 | +€96,554 | +225% |
| Deferred charges and accrued income | 490/1 | €77,898 | €71,825 | -€6,073 | -7.8% |
| Total equity and liabilities | 10/49 | €9,764,065 | €9,151,142 | -€612,923 | -6.3% |
| Equity | 10/15 | €276,255 | €301,031 | +€24,776 | +9.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €256,250 | €282,250 | +€26,000 | +10.1% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €200,000 | €226,000 | +€26,000 | +13.0% |
| Profit (loss) carried forward | 14 | €1,405 | €181 | -€1,224 | -87.1% |
| Provisions and deferred taxes | 16 | €247,320 | €165,387 | -€81,933 | -33.1% |
| Provisions for liabilities and charges | 160/5 | €247,320 | €165,387 | -€81,933 | -33.1% |
| Other liabilities and charges | 164/5 | €247,320 | €165,387 | -€81,933 | -33.1% |
| Amounts payable | 17/49 | €9,240,490 | €8,684,724 | -€555,767 | -6.0% |
| Amounts payable after more than one year | 17 | €443,084 | €816,667 | +€373,583 | +84.3% |
| Financial debts | 170/4 | €443,084 | €816,667 | +€373,583 | +84.3% |
| Amounts payable within one year | 42/48 | €8,794,920 | €7,743,949 | -€1.1m | -11.9% |
| Current portion of amounts payable after more than one year | 42 | €50,715 | €105,417 | +€54,702 | +108% |
| Financial debts | 43 | €1,020,833 | €1,025,000 | +€4,167 | +0.4% |
| Credit institutions | 430/8 | €1,020,833 | €1,025,000 | +€4,167 | +0.4% |
| Trade debts | 44 | €2,905,535 | €2,659,013 | -€246,522 | -8.5% |
| Suppliers | 440/4 | €2,905,535 | €2,659,013 | -€246,522 | -8.5% |
| Advances received on contracts in progress | 46 | €4,306,609 | €3,577,380 | -€729,229 | -16.9% |
| Taxes, remuneration and social security | 45 | €409,452 | €124,133 | -€285,319 | -69.7% |
| Taxes | 450/3 | €351,560 | €57,736 | -€293,824 | -83.6% |
| Remuneration and social security | 454/9 | €57,892 | €66,397 | +€8,505 | +14.7% |
| Other amounts payable | 47/48 | €101,776 | €253,005 | +€151,229 | +149% |
| Accrued charges and deferred income | 492/3 | €2,486 | €124,108 | +€121,622 | +4,892% |
| Remuneration, social security and pensions | 62 | €486,582 | €513,865 | +€27,282 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,902 | €190,658 | +€30,756 | +19.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€37,289 | -€81,933 | -€44,643 | -120% |
| Other operating charges | 640/8 | €240,551 | €219,304 | -€21,247 | -8.8% |
| Gross operating margin | 9900 | €1,081,516 | €901,796 | -€179,720 | -16.6% |
| Operating profit (loss) | 9901 | €231,770 | €59,902 | -€171,868 | -74.2% |
| Financial income | 75/76B | €82,087 | €68,739 | -€13,349 | -16.3% |
| Recurring financial income | 75 | €82,087 | €68,739 | -€13,349 | -16.3% |
| Financial charges | 65/66B | €81,495 | €94,114 | +€12,619 | +15.5% |
| Recurring financial charges | 65 | €81,495 | €94,114 | +€12,619 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | €232,362 | €34,526 | -€197,836 | -85.1% |
| Income taxes | 67/77 | €89,676 | €1,000 | -€88,676 | -98.9% |
| Profit (loss) for the period | 9904 | €142,686 | €33,526 | -€109,160 | -76.5% |
| Profit (loss) for the period to be appropriated | 9905 | €142,686 | €33,526 | -€109,160 | -76.5% |
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 27 October 2026 via checked.be.