GROEP DESMET: 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.
GROEP DESMET
Largest movements
- Cash +€1.1m
up €1.1m (+24,173%), from €4,519 to €1.1m
mainly Other debts (+€1.2m) and Net result for the year (+€628,084)
- Receivables within one year +€451,461
up €451,461 (+10.0%), from €4.5m to €4.9m
of which Other amounts receivable: +€478,350
- Other debts +€1.2m
up €1.2m (+13.4%), from €9.2m to €10.4m
- Reserves +€625,000
up €625,000 (+12.4%), from €5.0m to €5.6m
of which Distributable reserves: +€625,000
- Gross operating margin +€52,080
up €52,080 (+117%), from €44,432 to €96,512
- Other operating charges +€35,983
up €35,983 (+569%), from €6,319 to €42,302
- Financial income -€12,603
down €12,603 (-1.6%), from €781,749 to €769,145
- Taxes -€2,739
down €2,739 (-81.6%), from €3,354 to €616
- Financial charges -€2,489
down €2,489 (-1.3%), from €197,145 to €194,656
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 | €15,867,290 | €17,415,376 | +€1.5m | +9.8% |
| Fixed assets | 21/28 | €11,298,680 | €11,298,680 | = | 0.0% |
| Tangible fixed assets | 22/27 | €25,000 | €25,000 | = | 0.0% |
| Other tangible fixed assets | 26 | €25,000 | €25,000 | = | 0.0% |
| Financial fixed assets | 28 | €11,273,680 | €11,273,680 | = | 0.0% |
| Current assets | 29/58 | €4,568,610 | €6,116,696 | +€1.5m | +33.9% |
| Amounts receivable within one year | 40/41 | €4,493,067 | €4,944,528 | +€451,461 | +10.0% |
| Trade receivables | 40 | €31,888 | €5,000 | -€26,888 | -84.3% |
| Other amounts receivable | 41 | €4,461,178 | €4,939,528 | +€478,350 | +10.7% |
| Cash at bank and in hand | 54/58 | €4,519 | €1,096,787 | +€1.1m | +24,173% |
| Deferred charges and accrued income | 490/1 | €71,025 | €75,381 | +€4,356 | +6.1% |
| Total equity and liabilities | 10/49 | €15,867,290 | €17,415,376 | +€1.5m | +9.8% |
| Equity | 10/15 | €5,056,693 | €5,684,777 | +€628,084 | +12.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,024,000 | €5,649,000 | +€625,000 | +12.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €5,022,140 | €5,647,140 | +€625,000 | +12.4% |
| Profit (loss) carried forward | 14 | €14,093 | €17,177 | +€3,084 | +21.9% |
| Amounts payable | 17/49 | €10,810,597 | €11,730,599 | +€920,002 | +8.5% |
| Amounts payable after more than one year | 17 | €800,000 | €640,000 | -€160,000 | -20.0% |
| Financial debts | 170/4 | €800,000 | €640,000 | -€160,000 | -20.0% |
| Amounts payable within one year | 42/48 | €9,851,354 | €10,942,133 | +€1.1m | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €160,000 | €160,000 | = | 0.0% |
| Financial debts | 43 | €80,000 | €0 | -€80,000 | -100% |
| Credit institutions | 430/8 | €80,000 | €0 | -€80,000 | -100% |
| Trade debts | 44 | €25,845 | €38,693 | +€12,848 | +49.7% |
| Suppliers | 440/4 | €25,845 | €38,693 | +€12,848 | +49.7% |
| Taxes, remuneration and social security | 45 | €416,525 | €345,213 | -€71,312 | -17.1% |
| Taxes | 450/3 | €416,525 | €345,213 | -€71,312 | -17.1% |
| Other amounts payable | 47/48 | €9,168,984 | €10,398,227 | +€1.2m | +13.4% |
| Accrued charges and deferred income | 492/3 | €159,243 | €148,466 | -€10,777 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €6,319 | €42,302 | +€35,983 | +569% |
| Gross operating margin | 9900 | €44,432 | €96,512 | +€52,080 | +117% |
| Operating profit (loss) | 9901 | €38,113 | €54,210 | +€16,097 | +42.2% |
| Financial income | 75/76B | €781,749 | €769,145 | -€12,603 | -1.6% |
| Recurring financial income | 75 | €781,749 | €769,145 | -€12,603 | -1.6% |
| Financial charges | 65/66B | €197,145 | €194,656 | -€2,489 | -1.3% |
| Recurring financial charges | 65 | €197,145 | €194,656 | -€2,489 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €622,717 | €628,699 | +€5,983 | +1.0% |
| Income taxes | 67/77 | €3,354 | €616 | -€2,739 | -81.6% |
| Profit (loss) for the period | 9904 | €619,363 | €628,084 | +€8,721 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €619,363 | €628,084 | +€8,721 | +1.4% |
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 24 October 2026 via checked.be.