Desadco: 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.
Desadco
Largest movements
- Receivables within one year +€53,255
up €53,255 (+24.4%), from €218,115 to €271,371
of which Other amounts receivable: +€52,548
- Reserves +€48,863
up €48,863 (+92.1%), from €53,079 to €101,943
- Tax, wage and social debts +€14,009
up €14,009 (+19.2%), from €72,907 to €86,916
- Trade debts -€10,773
down €10,773 (-53.2%), from €20,269 to €9,495
- Current portion of long-term debt -€4,823
down €4,823 (-63.0%), from €7,656 to €2,833
- Accrued charges and deferred income +€4,786
up €4,786 (+2239.0%), from €214 to €5,000
- Gross operating margin +€13,253
up €13,253 (+16.8%), from €79,022 to €92,276
- Taxes +€7,297
up €7,297 (+29.8%), from €24,522 to €31,818
- Financial income +€3,257
up €3,257 (+39.2%), from €8,307 to €11,564
- Other operating charges -€1,223
down €1,223 (-18.2%), from €6,704 to €5,481
- Financial charges -€941
down €941 (-5.4%), from €17,580 to €16,639
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €224,946 | €277,265 | +€52,319 | +23.3% |
| Fixed assets | 21/28 | €5,602 | €4,564 | -€1,039 | -18.5% |
| Tangible fixed assets | 22/27 | €5,602 | €4,564 | -€1,039 | -18.5% |
| Plant, machinery and equipment | 23 | €5,602 | €4,564 | -€1,039 | -18.5% |
| Current assets | 29/58 | €219,344 | €272,701 | +€53,357 | +24.3% |
| Amounts receivable within one year | 40/41 | €218,115 | €271,371 | +€53,255 | +24.4% |
| Trade receivables | 40 | €34,843 | €35,550 | +€708 | +2.0% |
| Other amounts receivable | 41 | €183,273 | €235,820 | +€52,548 | +28.7% |
| Deferred charges and accrued income | 490/1 | €1,228 | €1,330 | +€102 | +8.3% |
| Total equity and liabilities | 10/49 | €224,946 | €277,265 | +€52,319 | +23.3% |
| Equity | 10/15 | €99,279 | €148,143 | +€48,863 | +49.2% |
| Contributions | 10/11 | €46,200 | €46,200 | = | 0.0% |
| Reserves | 13 | €53,079 | €101,943 | +€48,863 | +92.1% |
| Distributable reserves | 133 | €53,079 | €101,943 | +€48,863 | +92.1% |
| Amounts payable | 17/49 | €125,667 | €129,122 | +€3,455 | +2.7% |
| Amounts payable within one year | 42/48 | €125,453 | €124,122 | -€1,331 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €7,656 | €2,833 | -€4,823 | -63.0% |
| Financial debts | 43 | €24,621 | €24,877 | +€257 | +1.0% |
| Credit institutions | 430/8 | €24,621 | €24,877 | +€257 | +1.0% |
| Trade debts | 44 | €20,269 | €9,495 | -€10,773 | -53.2% |
| Suppliers | 440/4 | €20,269 | €9,495 | -€10,773 | -53.2% |
| Taxes, remuneration and social security | 45 | €72,907 | €86,916 | +€14,009 | +19.2% |
| Taxes | 450/3 | €72,907 | €86,916 | +€14,009 | +19.2% |
| Accrued charges and deferred income | 492/3 | €214 | €5,000 | +€4,786 | +2239.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,039 | €1,039 | = | 0.0% |
| Other operating charges | 640/8 | €6,704 | €5,481 | -€1,223 | -18.2% |
| Gross operating margin | 9900 | €79,022 | €92,276 | +€13,253 | +16.8% |
| Operating profit (loss) | 9901 | €71,280 | €85,756 | +€14,476 | +20.3% |
| Financial income | 75/76B | €8,307 | €11,564 | +€3,257 | +39.2% |
| Recurring financial income | 75 | €8,307 | €11,564 | +€3,257 | +39.2% |
| Financial charges | 65/66B | €17,580 | €16,639 | -€941 | -5.4% |
| Recurring financial charges | 65 | €17,580 | €16,639 | -€941 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €62,007 | €80,682 | +€18,675 | +30.1% |
| Income taxes | 67/77 | €24,522 | €31,818 | +€7,297 | +29.8% |
| Profit (loss) for the period | 9904 | €37,485 | €48,863 | +€11,378 | +30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €37,485 | €48,863 | +€11,378 | +30.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.