DESABO nv: 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.
DESABO nv
Largest movements
- Receivables within one year +€45,323
up €45,323 (+255.8%), from €17,721 to €63,044
of which Trade receivables: +€25,854
- Cash -€43,744
down €43,744 (-22.0%), from €199,212 to €155,468
mainly Receivables within one year (-€45,323) and Stocks and contracts (-€13,284)
- Stocks and contracts +€13,284
up €13,284 (+4.9%), from €273,161 to €286,446
- Reserves +€19,439
up €19,439 (+10.6%), from €184,154 to €203,594
of which Distributable reserves: +€19,439
- Tax, wage and social debts -€7,813
down €7,813 (-19.2%), from €40,684 to €32,870
of which Taxes: -€30,211
- Other debts -€7,250
no longer reported in 2026 (was €7,250)
- Taxes -€61,143
down €61,143 (-81.8%), from €74,738 to €13,596
- Other operating charges -€52,046
down €52,046 (-93.3%), from €55,776 to €3,730
- Gross operating margin -€49,683
down €49,683 (-10.2%), from €486,870 to €437,188
- Financial charges -€5,828
down €5,828 (-22.5%), from €25,924 to €20,096
- Depreciation -€5,348
down €5,348 (-25.2%), from €21,240 to €15,892
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €594,958 | €600,400 | +€5,442 | +0.9% |
| Fixed assets | 21/28 | €63,844 | €59,364 | -€4,480 | -7.0% |
| Tangible fixed assets | 22/27 | €63,137 | €58,657 | -€4,480 | -7.1% |
| Plant, machinery and equipment | 23 | €58,950 | €55,077 | -€3,873 | -6.6% |
| Furniture and vehicles | 24 | €4,186 | €3,580 | -€606 | -14.5% |
| Financial fixed assets | 28 | €707 | €707 | = | 0.0% |
| Current assets | 29/58 | €531,114 | €541,036 | +€9,921 | +1.9% |
| Stocks and contracts in progress | 3 | €273,161 | €286,446 | +€13,284 | +4.9% |
| Stocks | 30/36 | €273,161 | €286,446 | +€13,284 | +4.9% |
| Amounts receivable within one year | 40/41 | €17,721 | €63,044 | +€45,323 | +255.8% |
| Trade receivables | 40 | - | €25,854 | +€25,854 | |
| Other amounts receivable | 41 | €17,721 | €37,190 | +€19,469 | +109.9% |
| Cash at bank and in hand | 54/58 | €199,212 | €155,468 | -€43,744 | -22.0% |
| Deferred charges and accrued income | 490/1 | €41,020 | €36,078 | -€4,942 | -12.0% |
| Total equity and liabilities | 10/49 | €594,958 | €600,400 | +€5,442 | +0.9% |
| Equity | 10/15 | €305,740 | €325,179 | +€19,439 | +6.4% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €184,154 | €203,594 | +€19,439 | +10.6% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €67,421 | €67,421 | = | 0.0% |
| Distributable reserves | 133 | €110,483 | €129,922 | +€19,439 | +17.6% |
| Profit (loss) carried forward | 14 | €59,086 | €59,086 | = | 0.0% |
| Amounts payable | 17/49 | €289,218 | €275,221 | -€13,997 | -4.8% |
| Amounts payable within one year | 42/48 | €289,218 | €275,221 | -€13,997 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €7,825 | €7,719 | -€105 | -1.3% |
| Trade debts | 44 | €233,459 | €234,631 | +€1,171 | +0.5% |
| Suppliers | 440/4 | €233,459 | €234,631 | +€1,171 | +0.5% |
| Taxes, remuneration and social security | 45 | €40,684 | €32,870 | -€7,813 | -19.2% |
| Taxes | 450/3 | €30,211 | - | -€30,211 | |
| Remuneration and social security | 454/9 | €10,472 | €32,870 | +€22,398 | +213.9% |
| Other amounts payable | 47/48 | €7,250 | - | -€7,250 | |
| Non-recurring operating income | 76A | €78,259 | - | -€78,259 | |
| Remuneration, social security and pensions | 62 | €368,183 | €364,848 | -€3,335 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,240 | €15,892 | -€5,348 | -25.2% |
| Other operating charges | 640/8 | €55,776 | €3,730 | -€52,046 | -93.3% |
| Non-recurring operating charges | 66A | €19,914 | - | -€19,914 | |
| Gross operating margin | 9900 | €486,870 | €437,188 | -€49,683 | -10.2% |
| Operating profit (loss) | 9901 | €21,758 | €52,717 | +€30,959 | +142.3% |
| Financial income | 75/76B | €188 | €414 | +€225 | +119.5% |
| Recurring financial income | 75 | €188 | €414 | +€225 | +119.5% |
| Financial charges | 65/66B | €25,924 | €20,096 | -€5,828 | -22.5% |
| Recurring financial charges | 65 | €25,924 | €20,096 | -€5,828 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,978 | €33,035 | +€37,013 | |
| Income taxes | 67/77 | €74,738 | €13,596 | -€61,143 | -81.8% |
| Profit (loss) for the period | 9904 | -€78,716 | €19,439 | +€98,155 | |
| Profit (loss) for the period to be appropriated | 9905 | -€78,716 | €19,439 | +€98,155 |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.