DESSY LAURENT: what changed
What changed
DESSY LAURENT
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€17,482
2024 · €82+€17,400
Equity
€162,931
2024 · €165,836-€2,905
Cash
€88,605
2024 · €87,811+€795
Balance sheet total
€391,289
2024 · €299,516+€91,773
Largest movements
Assets
- Tangible fixed assets +€86,293
up €86,293 (+44.4%), from €194,445 to €280,738
of which Furniture and vehicles: +€50,761
- Receivables within one year +€4,886
up €4,886 (+28.6%), from €17,060 to €21,946
of which Trade receivables: +€8,336
Equity and liabilities
- Debts after one year +€37,175
up €37,175 (+42.5%), from €87,450 to €124,624
- Accrued charges and deferred income +€25,777
up €25,777 (+1,070%), from €2,410 to €28,187
- Other debts +€21,778
up €21,778 (+12,922%), from €169 to €21,946
- Current portion of long-term debt +€7,725
up €7,725 (+28.4%), from €27,172 to €34,897
Income statement
- Gross operating margin +€22,101
up €22,101 (+12.5%), from €176,221 to €198,322
- Other operating charges +€9,564
up €9,564 (+248%), from €3,861 to €13,426
- Taxes +€5,288
up €5,288 (+232%), from €2,282 to €7,570
- Financial charges -€2,964
down €2,964 (-30.5%), from €9,719 to €6,755
of which Non-recurring financial charges: -€3,296
- Write-downs -€2,905
down €2,905 (-91.6%), from €3,171 to €266
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€82
Gross operating margin
+€22,101
Staff costs
+€1,013
Depreciation
+€2,252
Write-downs
+€2,905
Other operating charges
-€9,564
Financial income
+€1,018
Financial charges
+€2,964
Taxes
-€5,288
Result 2025
€17,482
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€98,237
Investment
-€121,956
Financing
+€24,513
Cash 2024
€87,811
From operations (derived)
+€98,237
Net result for the year
+€17,482
Depreciation
+€35,663
Receivables within one year
-€4,886
Deferred charges and accrued income
+€200
Trade debts
+€1,550
Tax, wage and social debts
+€673
Other debts
+€21,778
Accrued charges and deferred income
+€25,777
Investment (derived)
-€121,956
Investment in fixed assets (net)
-€121,956
Financing
+€24,513
Debts after one year
+€37,175
Current portion of long-term debt
+€7,725
Contributions, distributions and other
-€20,387
Cash 2025
€88,605
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €299,516 | €391,289 | +€91,773 | +30.6% |
| Fixed assets | 21/28 | €194,445 | €280,738 | +€86,293 | +44.4% |
| Tangible fixed assets | 22/27 | €194,445 | €280,738 | +€86,293 | +44.4% |
| Land and buildings | 22 | €115,025 | €150,480 | +€35,454 | +30.8% |
| Plant, machinery and equipment | 23 | €6,873 | €4,685 | -€2,189 | -31.8% |
| Furniture and vehicles | 24 | €72,546 | €123,307 | +€50,761 | +70.0% |
| Other tangible fixed assets | 26 | €0 | €2,266 | +€2,266 | |
| Current assets | 29/58 | €105,071 | €110,551 | +€5,480 | +5.2% |
| Amounts receivable within one year | 40/41 | €17,060 | €21,946 | +€4,886 | +28.6% |
| Trade receivables | 40 | €12,246 | €20,582 | +€8,336 | +68.1% |
| Other amounts receivable | 41 | €4,814 | €1,364 | -€3,450 | -71.7% |
| Cash at bank and in hand | 54/58 | €87,811 | €88,605 | +€795 | +0.9% |
| Deferred charges and accrued income | 490/1 | €200 | €0 | -€200 | -100% |
| Total equity and liabilities | 10/49 | €299,516 | €391,289 | +€91,773 | +30.6% |
| Equity | 10/15 | €165,836 | €162,931 | -€2,905 | -1.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €45,599 | €44,081 | -€1,519 | -3.3% |
| Distributable reserves | 133 | €45,599 | €44,081 | -€1,519 | -3.3% |
| Profit (loss) carried forward | 14 | €89,378 | €89,378 | = | 0.0% |
| Investment grants | 15 | €10,399 | €9,012 | -€1,387 | -13.3% |
| Amounts payable | 17/49 | €133,680 | €228,358 | +€94,678 | +70.8% |
| Amounts payable after more than one year | 17 | €87,450 | €124,624 | +€37,175 | +42.5% |
| Financial debts | 170/4 | €87,450 | €124,624 | +€37,175 | +42.5% |
| Amounts payable within one year | 42/48 | €43,820 | €75,547 | +€31,726 | +72.4% |
| Current portion of amounts payable after more than one year | 42 | €27,172 | €34,897 | +€7,725 | +28.4% |
| Trade debts | 44 | €2,055 | €3,605 | +€1,550 | +75.5% |
| Suppliers | 440/4 | €2,055 | €3,605 | +€1,550 | +75.5% |
| Taxes, remuneration and social security | 45 | €14,425 | €15,098 | +€673 | +4.7% |
| Taxes | 450/3 | €7,823 | €7,788 | -€35 | -0.4% |
| Remuneration and social security | 454/9 | €6,602 | €7,310 | +€708 | +10.7% |
| Other amounts payable | 47/48 | €169 | €21,946 | +€21,778 | +12,922% |
| Accrued charges and deferred income | 492/3 | €2,410 | €28,187 | +€25,777 | +1,070% |
| Non-recurring operating income | 76A | - | €16,240 | +€16,240 | |
| Remuneration, social security and pensions | 62 | €123,709 | €122,696 | -€1,013 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,915 | €35,663 | -€2,252 | -5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,171 | €266 | -€2,905 | -91.6% |
| Other operating charges | 640/8 | €3,861 | €13,426 | +€9,564 | +248% |
| Gross operating margin | 9900 | €176,221 | €198,322 | +€22,101 | +12.5% |
| Operating profit (loss) | 9901 | €7,565 | €26,271 | +€18,706 | +247% |
| Financial income | 75/76B | €4,518 | €5,536 | +€1,018 | +22.5% |
| Recurring financial income | 75 | €4,518 | €5,536 | +€1,018 | +22.5% |
| Financial charges | 65/66B | €9,719 | €6,755 | -€2,964 | -30.5% |
| Recurring financial charges | 65 | €6,423 | €6,755 | +€333 | +5.2% |
| Non-recurring financial charges | 66B | €3,296 | - | -€3,296 | |
| Profit (loss) for the period before taxes | 9903 | €2,363 | €25,052 | +€22,688 | +960% |
| Income taxes | 67/77 | €2,282 | €7,570 | +€5,288 | +232% |
| Profit (loss) for the period | 9904 | €82 | €17,482 | +€17,400 | +21,268% |
| Profit (loss) for the period to be appropriated | 9905 | €82 | €17,482 | +€17,400 | +21,268% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.