DESMONT: 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.
DESMONT
Largest movements
- Tangible fixed assets -€30,623
down €30,623 (-9.2%), from €331,577 to €300,954
of which Furniture and vehicles: -€18,300
- Receivables within one year +€19,989
up €19,989 (+246%), from €8,112 to €28,101
of which Other amounts receivable: +€12,227
- Cash -€17,757
down €17,757 (-48.2%), from €36,833 to €19,076
mainly Debts after one year (-€25,999) and Receivables within one year (-€19,989)
- Debts after one year -€25,999
down €25,999 (-14.3%), from €181,281 to €155,282
- Other debts +€18,284
up €18,284 (+32.7%), from €55,996 to €74,280
- Profit (loss) carried forward -€17,725
down €17,725 (-97.3%), from -€18,226 to -€35,951
- Current portion of long-term debt -€11,189
down €11,189 (-30.1%), from €37,188 to €25,999
- Trade debts +€6,696
up €6,696 (+129%), from €5,190 to €11,886
- Gross operating margin -€10,177
down €10,177 (-31.0%), from €32,856 to €22,679
- Depreciation -€2,250
down €2,250 (-6.2%), from €36,351 to €34,101
- Financial charges -€356
down €356 (-10.6%), from €3,357 to €3,001
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 | €380,097 | €352,805 | -€27,292 | -7.2% |
| Fixed assets | 21/28 | €331,667 | €301,044 | -€30,623 | -9.2% |
| Tangible fixed assets | 22/27 | €331,577 | €300,954 | -€30,623 | -9.2% |
| Land and buildings | 22 | €275,514 | €265,931 | -€9,583 | -3.5% |
| Plant, machinery and equipment | 23 | €7,939 | €5,430 | -€2,509 | -31.6% |
| Furniture and vehicles | 24 | €47,871 | €29,571 | -€18,300 | -38.2% |
| Other tangible fixed assets | 26 | €253 | €22 | -€231 | -91.3% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €48,430 | €51,761 | +€3,331 | +6.9% |
| Amounts receivable within one year | 40/41 | €8,112 | €28,101 | +€19,989 | +246% |
| Trade receivables | 40 | €2,855 | €10,617 | +€7,762 | +272% |
| Other amounts receivable | 41 | €5,257 | €17,484 | +€12,227 | +233% |
| Cash at bank and in hand | 54/58 | €36,833 | €19,076 | -€17,757 | -48.2% |
| Deferred charges and accrued income | 490/1 | €3,485 | €4,584 | +€1,099 | +31.5% |
| Total equity and liabilities | 10/49 | €380,097 | €352,805 | -€27,292 | -7.2% |
| Equity | 10/15 | €99,756 | €82,031 | -€17,725 | -17.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €102,982 | €102,982 | = | 0.0% |
| Distributable reserves | 133 | €102,982 | €102,982 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,226 | -€35,951 | -€17,725 | -97.3% |
| Amounts payable | 17/49 | €280,341 | €270,774 | -€9,567 | -3.4% |
| Amounts payable after more than one year | 17 | €181,281 | €155,282 | -€25,999 | -14.3% |
| Financial debts | 170/4 | €181,281 | €155,282 | -€25,999 | -14.3% |
| Amounts payable within one year | 42/48 | €98,994 | €114,807 | +€15,813 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €37,188 | €25,999 | -€11,189 | -30.1% |
| Trade debts | 44 | €5,190 | €11,886 | +€6,696 | +129% |
| Suppliers | 440/4 | €5,190 | €11,886 | +€6,696 | +129% |
| Taxes, remuneration and social security | 45 | €620 | €2,642 | +€2,022 | +326% |
| Taxes | 450/3 | €620 | €141 | -€479 | -77.3% |
| Remuneration and social security | 454/9 | - | €2,501 | +€2,501 | |
| Other amounts payable | 47/48 | €55,996 | €74,280 | +€18,284 | +32.7% |
| Accrued charges and deferred income | 492/3 | €66 | €685 | +€619 | +938% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,351 | €34,101 | -€2,250 | -6.2% |
| Other operating charges | 640/8 | €3,470 | €3,162 | -€308 | -8.9% |
| Gross operating margin | 9900 | €32,856 | €22,679 | -€10,177 | -31.0% |
| Operating profit (loss) | 9901 | -€6,965 | -€14,584 | -€7,619 | -109% |
| Financial income | 75/76B | €58 | €1 | -€57 | -98.3% |
| Recurring financial income | 75 | €58 | €1 | -€57 | -98.3% |
| Financial charges | 65/66B | €3,357 | €3,001 | -€356 | -10.6% |
| Recurring financial charges | 65 | €3,357 | €3,001 | -€356 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,264 | -€17,584 | -€7,320 | -71.3% |
| Income taxes | 67/77 | - | €141 | +€141 | |
| Profit (loss) for the period | 9904 | -€10,264 | -€17,725 | -€7,461 | -72.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,264 | -€17,725 | -€7,461 | -72.7% |
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.