Thomas Desmet Consulting: what changed
Thomas Desmet Consulting
Largest movements
- Cash -€14,489
down €14,489 (-9.8%), from €147,520 to €133,031
mainly Contributions, distributions and other (-€95,000) and Investment in fixed assets (net) (-€12,637)
- Tangible fixed assets +€8,942
up €8,942 (+131%), from €6,832 to €15,774
of which Land and buildings: +€11,495
- Receivables within one year -€2,590
down €2,590 (-7.6%), from €34,226 to €31,636
of which Trade receivables: -€3,538
- Profit (loss) carried forward -€71,662
down €71,662 (-73.7%), from €97,222 to €25,560
- Other debts +€63,692
up €63,692 (+98.1%), from €64,903 to €128,595
- Tax, wage and social debts +€2,249
up €2,249 (+30.9%), from €7,288 to €9,536
- Gross operating margin +€8,613
up €8,613 (+28.7%), from €29,995 to €38,607
- Financial income -€1,238
down €1,238 (-100%), from €1,238 to €0
- Taxes +€1,028
up €1,028 (+20.9%), from €4,921 to €5,949
- Depreciation +€851
up €851 (+29.9%), from €2,844 to €3,695
- Write-downs -€630
down €630, from €315 to -€315
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €189,193 | €181,719 | -€7,475 | -4.0% |
| Fixed assets | 21/28 | €6,832 | €15,774 | +€8,942 | +131% |
| Tangible fixed assets | 22/27 | €6,832 | €15,774 | +€8,942 | +131% |
| Land and buildings | 22 | - | €11,495 | +€11,495 | |
| Plant, machinery and equipment | 23 | €2,054 | €1,789 | -€266 | -12.9% |
| Furniture and vehicles | 24 | €4,778 | €2,491 | -€2,287 | -47.9% |
| Current assets | 29/58 | €182,361 | €165,944 | -€16,417 | -9.0% |
| Amounts receivable within one year | 40/41 | €34,226 | €31,636 | -€2,590 | -7.6% |
| Trade receivables | 40 | €25,674 | €22,135 | -€3,538 | -13.8% |
| Other amounts receivable | 41 | €8,552 | €9,500 | +€948 | +11.1% |
| Cash at bank and in hand | 54/58 | €147,520 | €133,031 | -€14,489 | -9.8% |
| Deferred charges and accrued income | 490/1 | €615 | €1,278 | +€663 | +108% |
| Total equity and liabilities | 10/49 | €189,193 | €181,719 | -€7,475 | -4.0% |
| Equity | 10/15 | €114,222 | €42,560 | -€71,662 | -62.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,222 | €25,560 | -€71,662 | -73.7% |
| Amounts payable | 17/49 | €74,971 | €139,158 | +€64,187 | +85.6% |
| Amounts payable within one year | 42/48 | €74,971 | €139,158 | +€64,187 | +85.6% |
| Trade debts | 44 | €2,780 | €1,027 | -€1,754 | -63.1% |
| Suppliers | 440/4 | €2,780 | €1,027 | -€1,754 | -63.1% |
| Taxes, remuneration and social security | 45 | €7,288 | €9,536 | +€2,249 | +30.9% |
| Taxes | 450/3 | €7,288 | €9,536 | +€2,249 | +30.9% |
| Other amounts payable | 47/48 | €64,903 | €128,595 | +€63,692 | +98.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,844 | €3,695 | +€851 | +29.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €315 | -€315 | -€630 | |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Non-recurring operating charges | 66A | - | €839 | +€839 | |
| Gross operating margin | 9900 | €29,995 | €38,607 | +€8,613 | +28.7% |
| Operating profit (loss) | 9901 | €26,695 | €34,244 | +€7,549 | +28.3% |
| Financial income | 75/76B | €1,238 | €0 | -€1,238 | -100% |
| Recurring financial income | 75 | €1,238 | €0 | -€1,238 | -100% |
| Financial charges | 65/66B | €4,519 | €4,957 | +€438 | +9.7% |
| Recurring financial charges | 65 | €4,519 | €4,957 | +€438 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €23,414 | €29,287 | +€5,873 | +25.1% |
| Income taxes | 67/77 | €4,921 | €5,949 | +€1,028 | +20.9% |
| Profit (loss) for the period | 9904 | €18,493 | €23,338 | +€4,845 | +26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,493 | €23,338 | +€4,845 | +26.2% |
Next steps
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 3 November 2026 via checked.be.