De Desselkes: 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.
De Desselkes
Largest movements
- Receivables within one year +€86,200
up €86,200 (+59,489%), from €145 to €86,344
of which Trade receivables: +€81,323
- Tangible fixed assets +€30,933
up €30,933 (+2.6%), from €1.2m to €1.2m
of which Plant, machinery and equipment: +€29,173
- Other debts +€114,274
up €114,274 (+37.4%), from €305,761 to €420,036
- Profit (loss) carried forward +€19,869
up €19,869 (+18.5%), from -€107,246 to -€87,377
- Gross operating margin +€58,605
up €58,605 (+301%), from €19,488 to €78,093
- Depreciation +€22,843
up €22,843 (+86.0%), from €26,556 to €49,399
- Financial charges +€3,578
up €3,578 (+175%), from €2,039 to €5,617
- Other operating charges +€979
up €979 (+38.4%), from €2,547 to €3,526
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 | €1,189,640 | €1,312,072 | +€122,432 | +10.3% |
| Fixed assets | 21/28 | €1,187,409 | €1,218,342 | +€30,933 | +2.6% |
| Tangible fixed assets | 22/27 | €1,187,409 | €1,218,342 | +€30,933 | +2.6% |
| Land and buildings | 22 | €1,178,109 | €1,179,869 | +€1,760 | +0.1% |
| Plant, machinery and equipment | 23 | €9,300 | €38,473 | +€29,173 | +314% |
| Current assets | 29/58 | €2,231 | €93,730 | +€91,499 | +4,102% |
| Amounts receivable within one year | 40/41 | €145 | €86,344 | +€86,200 | +59,489% |
| Trade receivables | 40 | - | €81,323 | +€81,323 | |
| Other amounts receivable | 41 | €145 | €5,022 | +€4,877 | +3,366% |
| Cash at bank and in hand | 54/58 | €2,086 | €7,385 | +€5,300 | +254% |
| Total equity and liabilities | 10/49 | €1,189,640 | €1,312,072 | +€122,432 | +10.3% |
| Equity | 10/15 | €768,154 | €788,023 | +€19,869 | +2.6% |
| Contributions | 10/11 | €875,400 | €875,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,246 | -€87,377 | +€19,869 | +18.5% |
| Amounts payable | 17/49 | €421,486 | €524,049 | +€102,563 | +24.3% |
| Amounts payable after more than one year | 17 | €101,152 | €91,251 | -€9,901 | -9.8% |
| Financial debts | 170/4 | €101,152 | €91,251 | -€9,901 | -9.8% |
| Amounts payable within one year | 42/48 | €320,334 | €432,798 | +€112,464 | +35.1% |
| Current portion of amounts payable after more than one year | 42 | €12,369 | €9,901 | -€2,468 | -20.0% |
| Trade debts | 44 | €2,204 | €589 | -€1,614 | -73.3% |
| Suppliers | 440/4 | €2,204 | €589 | -€1,614 | -73.3% |
| Taxes, remuneration and social security | 45 | - | €2,272 | +€2,272 | |
| Taxes | 450/3 | - | €2,272 | +€2,272 | |
| Other amounts payable | 47/48 | €305,761 | €420,036 | +€114,274 | +37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,556 | €49,399 | +€22,843 | +86.0% |
| Other operating charges | 640/8 | €2,547 | €3,526 | +€979 | +38.4% |
| Gross operating margin | 9900 | €19,488 | €78,093 | +€58,605 | +301% |
| Operating profit (loss) | 9901 | -€9,615 | €25,168 | +€34,783 | |
| Financial income | 75/76B | €31 | €318 | +€287 | +923% |
| Recurring financial income | 75 | €31 | €318 | +€287 | +923% |
| Financial charges | 65/66B | €2,039 | €5,617 | +€3,578 | +175% |
| Recurring financial charges | 65 | €2,039 | €5,617 | +€3,578 | +175% |
| Profit (loss) for the period before taxes | 9903 | -€11,623 | €19,869 | +€31,492 | |
| Profit (loss) for the period | 9904 | -€11,623 | €19,869 | +€31,492 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,623 | €19,869 | +€31,492 |
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 20 October 2026 via checked.be.