DESAEVER JEROEN: 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.
DESAEVER JEROEN
Largest movements
- Receivables within one year -€227,149
down €227,149 (-94.4%), from €240,602 to €13,453
of which Trade receivables: -€232,728
- Cash +€65,009
up €65,009 (+79.2%), from €82,079 to €147,089
mainly Receivables within one year (+€227,149) and Net result for the year (+€176,835)
- Tangible fixed assets -€4,599
down €4,599 (-14.4%), from €31,861 to €27,262
of which Furniture and vehicles: -€3,868
- Debts after one year -€169,353
down €169,353 (-71.3%), from €237,577 to €68,225
- Trade debts +€15,936
up €15,936 (+205%), from €7,757 to €23,693
- Other debts -€10,358
down €10,358 (-91.2%), from €11,362 to €1,004
- Gross operating margin -€226,825
down €226,825 (-47.5%), from €477,542 to €250,716
- Staff costs -€34,374
down €34,374 (-33.0%), from €104,094 to €69,720
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 | €376,238 | €211,387 | -€164,851 | -43.8% |
| Fixed assets | 21/28 | €31,861 | €27,262 | -€4,599 | -14.4% |
| Tangible fixed assets | 22/27 | €31,861 | €27,262 | -€4,599 | -14.4% |
| Plant, machinery and equipment | 23 | €2,176 | €1,445 | -€731 | -33.6% |
| Furniture and vehicles | 24 | €29,685 | €25,817 | -€3,868 | -13.0% |
| Current assets | 29/58 | €344,377 | €184,126 | -€160,251 | -46.5% |
| Stocks and contracts in progress | 3 | €16,579 | €17,496 | +€918 | +5.5% |
| Stocks | 30/36 | €16,579 | €17,496 | +€918 | +5.5% |
| Amounts receivable within one year | 40/41 | €240,602 | €13,453 | -€227,149 | -94.4% |
| Trade receivables | 40 | €239,005 | €6,276 | -€232,728 | -97.4% |
| Other amounts receivable | 41 | €1,597 | €7,177 | +€5,580 | +349% |
| Cash at bank and in hand | 54/58 | €82,079 | €147,089 | +€65,009 | +79.2% |
| Deferred charges and accrued income | 490/1 | €5,117 | €6,087 | +€970 | +19.0% |
| Total equity and liabilities | 10/49 | €376,238 | €211,387 | -€164,851 | -43.8% |
| Equity | 10/15 | €112,667 | €112,503 | -€165 | -0.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €100,267 | €100,103 | -€165 | -0.2% |
| Distributable reserves | 133 | €100,267 | €100,103 | -€165 | -0.2% |
| Amounts payable | 17/49 | €263,571 | €98,885 | -€164,686 | -62.5% |
| Amounts payable after more than one year | 17 | €237,577 | €68,225 | -€169,353 | -71.3% |
| Financial debts | 170/4 | €237,577 | €68,225 | -€169,353 | -71.3% |
| Amounts payable within one year | 42/48 | €25,993 | €30,660 | +€4,667 | +18.0% |
| Trade debts | 44 | €7,757 | €23,693 | +€15,936 | +205% |
| Suppliers | 440/4 | €7,757 | €23,693 | +€15,936 | +205% |
| Taxes, remuneration and social security | 45 | €6,874 | €5,964 | -€911 | -13.3% |
| Taxes | 450/3 | €4,847 | €3,965 | -€882 | -18.2% |
| Remuneration and social security | 454/9 | €2,028 | €1,999 | -€29 | -1.4% |
| Other amounts payable | 47/48 | €11,362 | €1,004 | -€10,358 | -91.2% |
| Non-recurring operating income | 76A | €7,210 | €3,719 | -€3,491 | -48.4% |
| Remuneration, social security and pensions | 62 | €104,094 | €69,720 | -€34,374 | -33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,626 | €8,408 | +€1,783 | +26.9% |
| Other operating charges | 640/8 | €2,240 | €1,197 | -€1,042 | -46.5% |
| Gross operating margin | 9900 | €477,542 | €250,716 | -€226,825 | -47.5% |
| Operating profit (loss) | 9901 | €364,583 | €171,391 | -€193,192 | -53.0% |
| Financial income | 75/76B | €5,685 | €7,407 | +€1,722 | +30.3% |
| Recurring financial income | 75 | €5,685 | €7,407 | +€1,722 | +30.3% |
| Financial charges | 65/66B | €522 | €415 | -€107 | -20.4% |
| Recurring financial charges | 65 | €522 | €415 | -€107 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €369,746 | €178,383 | -€191,363 | -51.8% |
| Income taxes | 67/77 | €1,145 | €1,548 | +€402 | +35.1% |
| Profit (loss) for the period | 9904 | €368,601 | €176,835 | -€191,766 | -52.0% |
| Profit (loss) for the period to be appropriated | 9905 | €368,601 | €176,835 | -€191,766 | -52.0% |
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 29 October 2026 via checked.be.