DANIEL DESSARD: what changed
Two fiscal 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.
DANIEL DESSARD
Largest movements
- Tangible fixed assets -€34,220
down €34,220 (-6.9%), from €497,742 to €463,521
of which Plant, machinery and equipment: -€31,000
- Receivables within one year -€32,811
down €32,811 (-42.9%), from €76,403 to €43,592
of which Trade receivables: -€31,386
- Trade debts -€35,071
down €35,071 (-98.2%), from €35,698 to €627
- Debts after one year -€14,800
down €14,800 (-11.3%), from €130,538 to €115,738
- Tax, wage and social debts -€8,748
down €8,748 (-85.5%), from €10,233 to €1,485
- Gross operating margin +€38,275
up €38,275 (+244.8%), from €15,636 to €53,911
- Depreciation +€6,895
up €6,895 (+19.2%), from €35,969 to €42,863
- Taxes +€1,273
up €1,273 (+601.8%), from €212 to €1,485
- Financial charges +€883
up €883 (+17.6%), from €5,009 to €5,892
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.
Cash bridge derived
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 | €578,701 | €508,489 | -€70,212 | -12.1% |
| Fixed assets | 21/28 | €497,742 | €463,521 | -€34,220 | -6.9% |
| Tangible fixed assets | 22/27 | €497,742 | €463,521 | -€34,220 | -6.9% |
| Land and buildings | 22 | €227,493 | €216,416 | -€11,077 | -4.9% |
| Plant, machinery and equipment | 23 | €268,460 | €237,461 | -€31,000 | -11.5% |
| Furniture and vehicles | 24 | €1,789 | €9,645 | +€7,856 | +439.1% |
| Current assets | 29/58 | €80,959 | €44,967 | -€35,992 | -44.5% |
| Amounts receivable within one year | 40/41 | €76,403 | €43,592 | -€32,811 | -42.9% |
| Trade receivables | 40 | €31,386 | - | -€31,386 | |
| Other amounts receivable | 41 | €45,017 | €43,592 | -€1,425 | -3.2% |
| Cash at bank and in hand | 54/58 | €2,355 | - | -€2,355 | |
| Deferred charges and accrued income | 490/1 | €2,202 | €1,376 | -€826 | -37.5% |
| Total equity and liabilities | 10/49 | €578,701 | €508,489 | -€70,212 | -12.1% |
| Equity | 10/15 | €302,783 | €301,608 | -€1,174 | -0.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €229,962 | €228,686 | -€1,275 | -0.6% |
| Tax-exempt reserves | 132 | €110,962 | €97,586 | -€13,375 | -12.1% |
| Distributable reserves | 133 | €119,000 | €131,100 | +€12,100 | +10.2% |
| Profit (loss) carried forward | 14 | €52,361 | €52,462 | +€101 | +0.2% |
| Provisions and deferred taxes | 16 | €36,987 | €32,529 | -€4,458 | -12.1% |
| Deferred taxes | 168 | €36,987 | €32,529 | -€4,458 | -12.1% |
| Amounts payable | 17/49 | €238,932 | €174,352 | -€64,580 | -27.0% |
| Amounts payable after more than one year | 17 | €130,538 | €115,738 | -€14,800 | -11.3% |
| Financial debts | 170/4 | €130,538 | €115,738 | -€14,800 | -11.3% |
| Amounts payable within one year | 42/48 | €102,009 | €54,614 | -€47,395 | -46.5% |
| Current portion of amounts payable after more than one year | 42 | €17,880 | €17,439 | -€441 | -2.5% |
| Financial debts | 43 | €38,000 | €32,374 | -€5,626 | -14.8% |
| Credit institutions | 430/8 | - | €374 | +€374 | |
| Other loans | 439 | €38,000 | €32,000 | -€6,000 | -15.8% |
| Trade debts | 44 | €35,698 | €627 | -€35,071 | -98.2% |
| Suppliers | 440/4 | €35,698 | €627 | -€35,071 | -98.2% |
| Taxes, remuneration and social security | 45 | €10,233 | €1,485 | -€8,748 | -85.5% |
| Taxes | 450/3 | €10,233 | €1,485 | -€8,748 | -85.5% |
| Other amounts payable | 47/48 | €199 | €2,689 | +€2,490 | +1250.9% |
| Accrued charges and deferred income | 492/3 | €6,384 | €4,000 | -€2,384 | -37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,969 | €42,863 | +€6,895 | +19.2% |
| Other operating charges | 640/8 | €8,950 | €9,303 | +€353 | +3.9% |
| Gross operating margin | 9900 | €15,636 | €53,911 | +€38,275 | +244.8% |
| Operating profit (loss) | 9901 | -€29,283 | €1,744 | +€31,027 | |
| Financial income | 75/76B | €17 | €0 | -€17 | -99.9% |
| Recurring financial income | 75 | €17 | €0 | -€17 | -99.9% |
| Financial charges | 65/66B | €5,009 | €5,892 | +€883 | +17.6% |
| Recurring financial charges | 65 | €5,009 | €5,892 | +€883 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | -€34,274 | -€4,148 | +€30,127 | +87.9% |
| Transfer from deferred taxes | 780 | €3,579 | €4,458 | +€879 | +24.6% |
| Income taxes | 67/77 | €212 | €1,485 | +€1,273 | +601.8% |
| Profit (loss) for the period | 9904 | -€30,907 | -€1,174 | +€29,733 | +96.2% |
| Transfer from tax-exempt reserves | 789 | €10,737 | €13,375 | +€2,638 | +24.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,170 | €12,201 | +€32,370 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.