DESMETS "côté feu": 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.
DESMETS "côté feu"
Largest movements
- Cash +€33,789
up €33,789 (+98.6%), from €34,266 to €68,055
mainly Receivables within one year (+€30,665) and Investment in fixed assets (net) (+€25,394)
- Receivables within one year -€30,665
down €30,665 (-57.8%), from €53,088 to €22,423
of which Trade receivables: -€26,400
- Tangible fixed assets -€25,851
down €25,851 (-97.3%), from €26,572 to €721
- Stocks and contracts +€17,890
up €17,890 (+274%), from €6,532 to €24,422
- Debts after one year -€4,126
no longer reported in 2025 (was €4,126)
- Profit (loss) carried forward +€2,678
up €2,678 (+8.3%), from €32,350 to €35,028
- Current portion of long-term debt -€2,675
down €2,675 (-39.3%), from €6,801 to €4,126
- Tax, wage and social debts -€2,316
down €2,316 (-20.7%), from €11,164 to €8,848
of which Taxes: -€4,053
- Gross operating margin -€12,899
down €12,899 (-12.1%), from €106,667 to €93,768
- Depreciation -€6,977
down €6,977 (-93.9%), from €7,434 to €457
- Taxes -€3,251
down €3,251 (-84.8%), from €3,833 to €582
- Staff costs +€1,783
up €1,783 (+2.1%), from €85,376 to €87,159
- Other operating charges -€1,741
down €1,741 (-58.6%), from €2,971 to €1,230
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 | €121,443 | €115,621 | -€5,822 | -4.8% |
| Fixed assets | 21/28 | €26,572 | €721 | -€25,851 | -97.3% |
| Tangible fixed assets | 22/27 | €26,572 | €721 | -€25,851 | -97.3% |
| Furniture and vehicles | 24 | €26,572 | €721 | -€25,851 | -97.3% |
| Current assets | 29/58 | €94,871 | €114,900 | +€20,029 | +21.1% |
| Stocks and contracts in progress | 3 | €6,532 | €24,422 | +€17,890 | +274% |
| Stocks | 30/36 | €6,532 | €24,422 | +€17,890 | +274% |
| Amounts receivable within one year | 40/41 | €53,088 | €22,423 | -€30,665 | -57.8% |
| Trade receivables | 40 | €41,047 | €14,647 | -€26,400 | -64.3% |
| Other amounts receivable | 41 | €12,041 | €7,776 | -€4,265 | -35.4% |
| Cash at bank and in hand | 54/58 | €34,266 | €68,055 | +€33,789 | +98.6% |
| Deferred charges and accrued income | 490/1 | €985 | - | -€985 | |
| Total equity and liabilities | 10/49 | €121,443 | €115,621 | -€5,822 | -4.8% |
| Equity | 10/15 | €72,407 | €75,085 | +€2,678 | +3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33,857 | €33,857 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,997 | €11,997 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,350 | €35,028 | +€2,678 | +8.3% |
| Amounts payable | 17/49 | €49,036 | €40,536 | -€8,500 | -17.3% |
| Amounts payable after more than one year | 17 | €4,126 | - | -€4,126 | |
| Financial debts | 170/4 | €4,126 | - | -€4,126 | |
| Amounts payable within one year | 42/48 | €44,910 | €40,536 | -€4,374 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €6,801 | €4,126 | -€2,675 | -39.3% |
| Trade debts | 44 | €26,945 | €27,562 | +€617 | +2.3% |
| Suppliers | 440/4 | €26,945 | €27,562 | +€617 | +2.3% |
| Taxes, remuneration and social security | 45 | €11,164 | €8,848 | -€2,316 | -20.7% |
| Taxes | 450/3 | €4,674 | €621 | -€4,053 | -86.7% |
| Remuneration and social security | 454/9 | €6,490 | €8,227 | +€1,737 | +26.8% |
| Non-recurring operating income | 76A | €144 | €23,682 | +€23,538 | +16,346% |
| Remuneration, social security and pensions | 62 | €85,376 | €87,159 | +€1,783 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,434 | €457 | -€6,977 | -93.9% |
| Other operating charges | 640/8 | €2,971 | €1,230 | -€1,741 | -58.6% |
| Gross operating margin | 9900 | €106,667 | €93,768 | -€12,899 | -12.1% |
| Operating profit (loss) | 9901 | €10,886 | €4,922 | -€5,964 | -54.8% |
| Financial income | 75/76B | €401 | €355 | -€46 | -11.5% |
| Recurring financial income | 75 | €401 | €355 | -€46 | -11.5% |
| Financial charges | 65/66B | €2,768 | €2,017 | -€751 | -27.1% |
| Recurring financial charges | 65 | €2,768 | €2,017 | -€751 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €8,519 | €3,260 | -€5,259 | -61.7% |
| Income taxes | 67/77 | €3,833 | €582 | -€3,251 | -84.8% |
| Profit (loss) for the period | 9904 | €4,686 | €2,678 | -€2,008 | -42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,686 | €2,678 | -€2,008 | -42.9% |
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 26 October 2026 via checked.be.