JAN DESMET: what changed
What changed
JAN DESMET
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€157,038
2024 · €213,281-€56,243
Equity
€3.1m
2024 · €3.0m+€106,697
Cash
€383,439
2024 · €1.3m-€929,831
Balance sheet total
€5.1m
2024 · €5.0m+€118,648
Largest movements
Assets
- Current investments +€2.0m
new in 2025: €2.0m
- Receivables within one year -€942,279
down €942,279 (-87.2%), from €1.1m to €138,415
of which Other amounts receivable: -€942,279
- Cash -€929,831
down €929,831 (-70.8%), from €1.3m to €383,439
mainly Current investments (-€2.0m) and Contributions, distributions and other (-€50,340)
Equity and liabilities
- Reserves +€106,697
up €106,697 (+3.7%), from €2.9m to €3.0m
Income statement
- Staff costs +€53,717
up €53,717 (+64.2%), from €83,683 to €137,401
- Taxes -€41,206
down €41,206 (-57.4%), from €71,777 to €30,571
- Services and other goods +€41,064
up €41,064 (+14.1%), from €290,703 to €331,767
- Financial income +€40,742
up €40,742 (+142%), from €28,785 to €69,527
- Financial charges +€37,054
up €37,054 (+34.5%), from €107,521 to €144,575
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
€213,281
Other operating income
-€6,749
Services and other goods
-€41,064
Staff costs
-€53,717
Depreciation
+€334
Other operating charges
+€60
Financial income
+€40,742
Financial charges
-€37,054
Taxes
+€41,206
Result 2025
€157,038
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
+€1.1m
Investment
-€2.0m
Financing
-€50,340
Cash 2024
€1.3m
From operations (derived)
+€1.1m
Net result for the year
+€157,038
Depreciation
+€818
Receivables within one year
+€942,279
Smaller working-capital items
-€8,193
Provisions
-€13,364
Tax, wage and social debts
+€19,890
Accrued charges and deferred income
+€8,913
Investment (derived)
-€2.0m
Current investments
-€2.0m
Financing
-€50,340
Contributions, distributions and other
-€50,340
Cash 2025
€383,439
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,962,153 | €5,080,801 | +€118,648 | +2.4% |
| Fixed assets | 21/28 | €2,559,052 | €2,558,234 | -€818 | 0.0% |
| Tangible fixed assets | 22/27 | €818 | €0 | -€818 | -100% |
| Furniture and vehicles | 24 | €818 | €0 | -€818 | -100% |
| Financial fixed assets | 28 | €2,558,234 | €2,558,234 | = | 0.0% |
| Affiliated companies | 280/1 | €2,558,234 | €2,558,234 | = | 0.0% |
| Participating interests | 280 | €2,558,234 | €2,558,234 | = | 0.0% |
| Current assets | 29/58 | €2,403,101 | €2,522,567 | +€119,466 | +5.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,080,694 | €138,415 | -€942,279 | -87.2% |
| Trade receivables | 40 | €44,100 | €44,100 | = | 0.0% |
| Other amounts receivable | 41 | €1,036,594 | €94,315 | -€942,279 | -90.9% |
| Current investments | 50/53 | - | €1,986,872 | +€2.0m | |
| Other investments | 51/53 | - | €1,986,872 | +€2.0m | |
| Cash at bank and in hand | 54/58 | €1,313,271 | €383,439 | -€929,831 | -70.8% |
| Deferred charges and accrued income | 490/1 | €9,136 | €13,841 | +€4,705 | +51.5% |
| Total equity and liabilities | 10/49 | €4,962,153 | €5,080,801 | +€118,648 | +2.4% |
| Equity | 10/15 | €2,958,564 | €3,065,262 | +€106,697 | +3.6% |
| Contributions | 10/11 | €58,000 | €58,000 | = | 0.0% |
| Reserves | 13 | €2,900,564 | €3,007,262 | +€106,697 | +3.7% |
| Distributable reserves | 133 | €2,900,564 | €3,007,262 | +€106,697 | +3.7% |
| Provisions and deferred taxes | 16 | €1,915,874 | €1,902,510 | -€13,364 | -0.7% |
| Provisions for liabilities and charges | 160/5 | €1,915,874 | €1,902,510 | -€13,364 | -0.7% |
| Other liabilities and charges | 164/5 | €1,915,874 | €1,902,510 | -€13,364 | -0.7% |
| Amounts payable | 17/49 | €87,714 | €113,029 | +€25,315 | +28.9% |
| Amounts payable within one year | 42/48 | €43,805 | €60,207 | +€16,401 | +37.4% |
| Trade debts | 44 | €27,062 | €23,573 | -€3,489 | -12.9% |
| Suppliers | 440/4 | €27,062 | €23,573 | -€3,489 | -12.9% |
| Taxes, remuneration and social security | 45 | €16,743 | €36,633 | +€19,890 | +119% |
| Taxes | 450/3 | €110 | €4,999 | +€4,890 | +4,465% |
| Remuneration and social security | 454/9 | €16,634 | €31,634 | +€15,000 | +90.2% |
| Accrued charges and deferred income | 492/3 | €43,909 | €52,822 | +€8,913 | +20.3% |
| Operating income | 70/76A | €740,623 | €733,873 | -€6,749 | -0.9% |
| Turnover | 70 | €277,200 | €277,200 | = | 0.0% |
| Other operating income | 74 | €463,423 | €456,673 | -€6,749 | -1.5% |
| Operating charges | 60/66A | €376,829 | €471,217 | +€94,388 | +25.0% |
| Services and other goods | 61 | €290,703 | €331,767 | +€41,064 | +14.1% |
| Remuneration, social security and pensions | 62 | €83,683 | €137,401 | +€53,717 | +64.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,152 | €818 | -€334 | -29.0% |
| Other operating charges | 640/8 | €1,291 | €1,231 | -€60 | -4.6% |
| Operating profit (loss) | 9901 | €363,793 | €262,656 | -€101,137 | -27.8% |
| Financial income | 75/76B | €28,785 | €69,527 | +€40,742 | +142% |
| Recurring financial income | 75 | €28,785 | €69,527 | +€40,742 | +142% |
| Income from current assets | 751 | €28,785 | €69,440 | +€40,655 | +141% |
| Other financial income | 752/9 | €0 | €87 | +€87 | |
| Financial charges | 65/66B | €107,521 | €144,575 | +€37,054 | +34.5% |
| Recurring financial charges | 65 | €107,521 | €144,575 | +€37,054 | +34.5% |
| Debt charges | 650 | €106,998 | €108,613 | +€1,616 | +1.5% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | €29,470 | +€29,470 | |
| Other financial charges | 652/9 | €523 | €6,491 | +€5,968 | +1,141% |
| Profit (loss) for the period before taxes | 9903 | €285,057 | €187,609 | -€97,449 | -34.2% |
| Income taxes | 67/77 | €71,777 | €30,571 | -€41,206 | -57.4% |
| Taxes | 670/3 | €71,777 | €30,571 | -€41,206 | -57.4% |
| Profit (loss) for the period | 9904 | €213,281 | €157,038 | -€56,243 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €213,281 | €157,038 | -€56,243 | -26.4% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 6 November 2026 via checked.be.