JASON DESMIDT: 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.
JASON DESMIDT
Largest movements
- Tangible fixed assets +€98,673
up €98,673 (+1,390%), from €7,101 to €105,774
of which Furniture and vehicles: +€96,793
- Cash +€26,112
up €26,112 (+41.0%), from €63,648 to €89,760
mainly Net result for the year (+€75,761) and Debts after one year (+€49,982)
- Receivables within one year -€10,817
down €10,817 (-30.8%), from €35,131 to €24,314
of which Trade receivables: -€7,207
- Stocks and contracts +€6,318
up €6,318 (+145%), from €4,354 to €10,672
- Debts after one year +€49,982
new in 2024: €49,982
- Profit (loss) carried forward +€35,761
up €35,761 (+69.5%), from €51,454 to €87,215
- Other debts +€13,882
up €13,882 (+48.4%), from €28,674 to €42,555
- Current portion of long-term debt +€12,384
up €12,384 (+667%), from €1,858 to €14,242
- Tax, wage and social debts +€11,682
up €11,682 (+118%), from €9,907 to €21,588
of which Taxes: +€9,886
- Gross operating margin +€53,643
up €53,643 (+79.4%), from €67,580 to €121,223
- Purchases and services -€8,518
down €8,518 (-3.1%), from €270,793 to €262,275
- Depreciation +€8,124
up €8,124 (+79.4%), from €10,226 to €18,350
- Taxes +€7,775
up €7,775 (+64.0%), from €12,157 to €19,932
- Financial charges +€2,347
up €2,347 (+586%), from €401 to €2,748
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.
Derived cash bridge
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 | €111,150 | €231,351 | +€120,201 | +108% |
| Fixed assets | 21/28 | €7,101 | €105,774 | +€98,673 | +1,390% |
| Tangible fixed assets | 22/27 | €7,101 | €105,774 | +€98,673 | +1,390% |
| Plant, machinery and equipment | 23 | - | €1,880 | +€1,880 | |
| Furniture and vehicles | 24 | €7,101 | €103,894 | +€96,793 | +1,363% |
| Current assets | 29/58 | €104,049 | €125,577 | +€21,528 | +20.7% |
| Stocks and contracts in progress | 3 | €4,354 | €10,672 | +€6,318 | +145% |
| Stocks | 30/36 | €4,354 | €10,672 | +€6,318 | +145% |
| Amounts receivable within one year | 40/41 | €35,131 | €24,314 | -€10,817 | -30.8% |
| Trade receivables | 40 | €24,551 | €17,344 | -€7,207 | -29.4% |
| Other amounts receivable | 41 | €10,580 | €6,970 | -€3,611 | -34.1% |
| Cash at bank and in hand | 54/58 | €63,648 | €89,760 | +€26,112 | +41.0% |
| Deferred charges and accrued income | 490/1 | €916 | €832 | -€84 | -9.2% |
| Total equity and liabilities | 10/49 | €111,150 | €231,351 | +€120,201 | +108% |
| Equity | 10/15 | €56,454 | €92,215 | +€35,761 | +63.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,454 | €87,215 | +€35,761 | +69.5% |
| Amounts payable | 17/49 | €54,696 | €139,136 | +€84,440 | +154% |
| Amounts payable after more than one year | 17 | - | €49,982 | +€49,982 | |
| Financial debts | 170/4 | - | €49,982 | +€49,982 | |
| Amounts payable within one year | 42/48 | €54,696 | €89,154 | +€34,458 | +63.0% |
| Current portion of amounts payable after more than one year | 42 | €1,858 | €14,242 | +€12,384 | +667% |
| Trade debts | 44 | €14,257 | €10,768 | -€3,489 | -24.5% |
| Suppliers | 440/4 | €14,257 | €10,768 | -€3,489 | -24.5% |
| Taxes, remuneration and social security | 45 | €9,907 | €21,588 | +€11,682 | +118% |
| Taxes | 450/3 | €6,971 | €16,857 | +€9,886 | +142% |
| Remuneration and social security | 454/9 | €2,935 | €4,731 | +€1,796 | +61.2% |
| Other amounts payable | 47/48 | €28,674 | €42,555 | +€13,882 | +48.4% |
| Non-recurring operating income | 76A | - | €12,113 | +€12,113 | |
| Goods, raw materials, services and sundry goods | 60/61 | €270,793 | €262,275 | -€8,518 | -3.1% |
| Remuneration, social security and pensions | 62 | €1,700 | €2,902 | +€1,202 | +70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,226 | €18,350 | +€8,124 | +79.4% |
| Other operating charges | 640/8 | €1,637 | €1,086 | -€550 | -33.6% |
| Non-recurring operating charges | 66A | - | €445 | +€445 | |
| Gross operating margin | 9900 | €67,580 | €121,223 | +€53,643 | +79.4% |
| Operating profit (loss) | 9901 | €54,018 | €98,440 | +€44,422 | +82.2% |
| Financial income | 75/76B | €33 | €1 | -€33 | -98.3% |
| Recurring financial income | 75 | €33 | €1 | -€33 | -98.3% |
| Financial charges | 65/66B | €401 | €2,748 | +€2,347 | +586% |
| Recurring financial charges | 65 | €401 | €2,748 | +€2,347 | +586% |
| Profit (loss) for the period before taxes | 9903 | €53,650 | €95,693 | +€42,042 | +78.4% |
| Income taxes | 67/77 | €12,157 | €19,932 | +€7,775 | +64.0% |
| Profit (loss) for the period | 9904 | €41,494 | €75,761 | +€34,268 | +82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €41,494 | €75,761 | +€34,268 | +82.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.