Desmo: 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.
Desmo
Largest movements
- Current investments +€12,483
up €12,483 (+71.1%), from €17,550 to €30,034
- Tangible fixed assets -€9,783
down €9,783 (-21.4%), from €45,648 to €35,865
of which Leasing and similar rights: -€5,372
- Debts after one year -€37,043
down €37,043 (-19.7%), from €187,692 to €150,648
- Reserves +€24,803
up €24,803 (+25.0%), from €99,228 to €124,031
- Other debts +€9,710
up €9,710 (+117.1%), from €8,290 to €18,000
- Tax, wage and social debts +€6,597
up €6,597 (+102.7%), from €6,425 to €13,022
of which Taxes: +€8,173
- Gross operating margin +€17,288
up €17,288 (+67.2%), from €25,735 to €43,023
- Financial income -€8,880
down €8,880 (-30.3%), from €29,340 to €20,461
- Taxes +€5,313
up €5,313 (+75.4%), from €7,044 to €12,357
- Depreciation +€568
up €568 (+6.2%), from €9,215 to €9,783
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €346,638 | €352,062 | +€5,424 | +1.6% |
| Fixed assets | 21/28 | €315,648 | €305,865 | -€9,783 | -3.1% |
| Tangible fixed assets | 22/27 | €45,648 | €35,865 | -€9,783 | -21.4% |
| Land and buildings | 22 | €7,809 | €7,384 | -€426 | -5.5% |
| Plant, machinery and equipment | 23 | €1,777 | €1,421 | -€355 | -20.0% |
| Furniture and vehicles | 24 | €5,653 | €3,210 | -€2,443 | -43.2% |
| Leasing and similar rights | 25 | €23,887 | €18,515 | -€5,372 | -22.5% |
| Other tangible fixed assets | 26 | €6,522 | €5,335 | -€1,187 | -18.2% |
| Financial fixed assets | 28 | €270,000 | €270,000 | = | 0.0% |
| Current assets | 29/58 | €30,990 | €46,197 | +€15,207 | +49.1% |
| Amounts receivable within one year | 40/41 | €9,509 | €11,215 | +€1,706 | +17.9% |
| Trade receivables | 40 | €9,491 | €11,196 | +€1,704 | +18.0% |
| Other amounts receivable | 41 | €18 | €19 | +€2 | +8.4% |
| Current investments | 50/53 | €17,550 | €30,034 | +€12,483 | +71.1% |
| Cash at bank and in hand | 54/58 | €1,571 | €1,627 | +€56 | +3.5% |
| Deferred charges and accrued income | 490/1 | €2,359 | €3,321 | +€962 | +40.8% |
| Total equity and liabilities | 10/49 | €346,638 | €352,062 | +€5,424 | +1.6% |
| Equity | 10/15 | €105,428 | €130,231 | +€24,803 | +23.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €99,228 | €124,031 | +€24,803 | +25.0% |
| Distributable reserves | 133 | €99,228 | €124,031 | +€24,803 | +25.0% |
| Amounts payable | 17/49 | €241,209 | €221,830 | -€19,379 | -8.0% |
| Amounts payable after more than one year | 17 | €187,692 | €150,648 | -€37,043 | -19.7% |
| Financial debts | 170/4 | €187,692 | €150,648 | -€37,043 | -19.7% |
| Amounts payable within one year | 42/48 | €53,518 | €71,182 | +€17,664 | +33.0% |
| Current portion of amounts payable after more than one year | 42 | €36,007 | €37,043 | +€1,037 | +2.9% |
| Financial debts | 43 | - | €1,859 | +€1,859 | |
| Other loans | 439 | - | €1,859 | +€1,859 | |
| Trade debts | 44 | €2,796 | €1,257 | -€1,539 | -55.0% |
| Suppliers | 440/4 | €2,796 | €1,257 | -€1,539 | -55.0% |
| Taxes, remuneration and social security | 45 | €6,425 | €13,022 | +€6,597 | +102.7% |
| Taxes | 450/3 | €4,321 | €12,494 | +€8,173 | +189.1% |
| Remuneration and social security | 454/9 | €2,104 | €528 | -€1,576 | -74.9% |
| Other amounts payable | 47/48 | €8,290 | €18,000 | +€9,710 | +117.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,215 | €9,783 | +€568 | +6.2% |
| Other operating charges | 640/8 | €1,660 | €1,652 | -€8 | -0.5% |
| Gross operating margin | 9900 | €25,735 | €43,023 | +€17,288 | +67.2% |
| Operating profit (loss) | 9901 | €14,859 | €31,588 | +€16,729 | +112.6% |
| Financial income | 75/76B | €29,340 | €20,461 | -€8,880 | -30.3% |
| Recurring financial income | 75 | €29,340 | €20,461 | -€8,880 | -30.3% |
| Financial charges | 65/66B | €6,883 | €7,130 | +€247 | +3.6% |
| Recurring financial charges | 65 | €6,883 | €7,130 | +€247 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €37,317 | €44,919 | +€7,602 | +20.4% |
| Income taxes | 67/77 | €7,044 | €12,357 | +€5,313 | +75.4% |
| Profit (loss) for the period | 9904 | €30,273 | €32,562 | +€2,289 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,273 | €32,562 | +€2,289 | +7.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.