DESADIS: 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.
DESADIS
Largest movements
- Tangible fixed assets -€131,860
down €131,860 (-15.4%), from €854,489 to €722,629
of which Plant, machinery and equipment: -€102,105
- Intangible fixed assets -€130,000
down €130,000 (-23.1%), from €562,384 to €432,384
- Receivables within one year -€77,109
down €77,109 (-58.6%), from €131,484 to €54,375
of which Other amounts receivable: -€76,788
- Current investments +€29,149
new in 2025: €29,149
- Debts after one year -€191,301
down €191,301 (-63.3%), from €302,340 to €111,039
- Current portion of long-term debt -€132,291
down €132,291 (-40.9%), from €323,592 to €191,301
- Trade debts +€87,738
up €87,738 (+14.0%), from €628,093 to €715,831
- Reserves -€47,623
down €47,623 (-7.0%), from €684,914 to €637,291
of which Distributable reserves: -€47,623
- Other debts -€39,885
down €39,885 (-19.0%), from €209,885 to €170,000
- Gross operating margin -€260,736
down €260,736 (-11.9%), from €2.2m to €1.9m
- Taxes -€46,468
down €46,468 (-79.9%), from €58,191 to €11,723
- Depreciation -€33,999
down €33,999 (-9.8%), from €347,746 to €313,747
- Staff costs +€22,178
up €22,178 (+1.5%), from €1.5m to €1.5m
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
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 | €2,511,314 | €2,196,347 | -€314,967 | -12.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,484,940 | €1,224,632 | -€260,308 | -17.5% |
| Intangible fixed assets | 21 | €562,384 | €432,384 | -€130,000 | -23.1% |
| Tangible fixed assets | 22/27 | €854,489 | €722,629 | -€131,860 | -15.4% |
| Plant, machinery and equipment | 23 | €736,758 | €634,653 | -€102,105 | -13.9% |
| Furniture and vehicles | 24 | €117,731 | €87,975 | -€29,756 | -25.3% |
| Financial fixed assets | 28 | €68,067 | €69,620 | +€1,553 | +2.3% |
| Current assets | 29/58 | €1,026,374 | €971,715 | -€54,659 | -5.3% |
| Amounts receivable after more than one year | 29 | €100,038 | €85,275 | -€14,763 | -14.8% |
| Trade receivables | 290 | €100,038 | €85,275 | -€14,763 | -14.8% |
| Stocks and contracts in progress | 3 | €622,595 | €620,043 | -€2,552 | -0.4% |
| Stocks | 30/36 | €622,595 | €620,043 | -€2,552 | -0.4% |
| Amounts receivable within one year | 40/41 | €131,484 | €54,375 | -€77,109 | -58.6% |
| Trade receivables | 40 | €19,148 | €18,828 | -€320 | -1.7% |
| Other amounts receivable | 41 | €112,336 | €35,548 | -€76,788 | -68.4% |
| Current investments | 50/53 | - | €29,149 | +€29,149 | |
| Cash at bank and in hand | 54/58 | €93,385 | €95,092 | +€1,707 | +1.8% |
| Deferred charges and accrued income | 490/1 | €78,872 | €87,781 | +€8,909 | +11.3% |
| Total equity and liabilities | 10/49 | €2,511,314 | €2,196,347 | -€314,967 | -12.5% |
| Equity | 10/15 | €854,914 | €807,291 | -€47,623 | -5.6% |
| Contributions | 10/11 | €170,000 | €170,000 | = | 0.0% |
| Capital | 10 | €170,000 | €170,000 | = | 0.0% |
| Issued capital | 100 | €170,000 | €170,000 | = | 0.0% |
| Reserves | 13 | €684,914 | €637,291 | -€47,623 | -7.0% |
| Non-distributable reserves | 130/1 | €17,000 | €17,000 | = | 0.0% |
| Legal reserve | 130 | €17,000 | €17,000 | = | 0.0% |
| Distributable reserves | 133 | €667,914 | €620,291 | -€47,623 | -7.1% |
| Amounts payable | 17/49 | €1,656,400 | €1,389,057 | -€267,343 | -16.1% |
| Amounts payable after more than one year | 17 | €302,340 | €111,039 | -€191,301 | -63.3% |
| Financial debts | 170/4 | €302,340 | €111,039 | -€191,301 | -63.3% |
| Amounts payable within one year | 42/48 | €1,321,680 | €1,245,705 | -€75,975 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €323,592 | €191,301 | -€132,291 | -40.9% |
| Trade debts | 44 | €628,093 | €715,831 | +€87,738 | +14.0% |
| Suppliers | 440/4 | €628,093 | €715,831 | +€87,738 | +14.0% |
| Taxes, remuneration and social security | 45 | €160,110 | €168,573 | +€8,463 | +5.3% |
| Taxes | 450/3 | €17,647 | €10,277 | -€7,370 | -41.8% |
| Remuneration and social security | 454/9 | €142,463 | €158,296 | +€15,833 | +11.1% |
| Other amounts payable | 47/48 | €209,885 | €170,000 | -€39,885 | -19.0% |
| Accrued charges and deferred income | 492/3 | €32,380 | €32,313 | -€67 | -0.2% |
| Remuneration, social security and pensions | 62 | €1,516,341 | €1,538,519 | +€22,178 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €347,746 | €313,747 | -€33,999 | -9.8% |
| Other operating charges | 640/8 | €40,582 | €23,703 | -€16,879 | -41.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €2,200,257 | €1,939,521 | -€260,736 | -11.9% |
| Operating profit (loss) | 9901 | €295,588 | €63,551 | -€232,037 | -78.5% |
| Financial income | 75/76B | €20,628 | €12,208 | -€8,420 | -40.8% |
| Recurring financial income | 75 | €20,628 | €12,208 | -€8,420 | -40.8% |
| Financial charges | 65/66B | €49,690 | €43,147 | -€6,543 | -13.2% |
| Recurring financial charges | 65 | €49,690 | €43,147 | -€6,543 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €266,526 | €32,612 | -€233,914 | -87.8% |
| Income taxes | 67/77 | €58,191 | €11,723 | -€46,468 | -79.9% |
| Profit (loss) for the period | 9904 | €208,335 | €20,889 | -€187,446 | -90.0% |
| Profit (loss) for the period to be appropriated | 9905 | €208,335 | €20,889 | -€187,446 | -90.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.