DESALCO: what changed
DESALCO
Largest movements
- Cash -€78,912
down €78,912 (-35.3%), from €223,675 to €144,764
mainly Contributions, distributions and other (-€290,000) and Receivables within one year (-€15,000)
- Receivables within one year +€15,000
up €15,000, from €0 to €15,000
of which Other amounts receivable: +€15,000
- Reserves -€73,255
down €73,255 (-32.3%), from €227,017 to €153,762
- Tax, wage and social debts +€8,274
up €8,274 (+43.9%), from €18,827 to €27,101
- Other debts +€4,568
up €4,568 (+32.2%), from €14,178 to €18,746
- Trade debts -€3,315
down €3,315 (-81.2%), from €4,083 to €768
- Gross operating margin -€19,162
down €19,162 (-6.4%), from €298,665 to €279,503
- Financial income +€5,992
up €5,992 (+1,229%), from €488 to €6,480
- Taxes -€5,228
down €5,228 (-7.4%), from €70,817 to €65,588
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €284,398 | €221,393 | -€63,005 | -22.2% |
| Fixed assets | 21/28 | €723 | €1,629 | +€907 | +125% |
| Tangible fixed assets | 22/27 | €723 | €1,629 | +€907 | +125% |
| Furniture and vehicles | 24 | €723 | €1,629 | +€907 | +125% |
| Current assets | 29/58 | €283,676 | €219,764 | -€63,912 | -22.5% |
| Amounts receivable within one year | 40/41 | €0 | €15,000 | +€15,000 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €15,000 | +€15,000 | |
| Current investments | 50/53 | €60,000 | €60,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €223,675 | €144,764 | -€78,912 | -35.3% |
| Total equity and liabilities | 10/49 | €284,398 | €221,393 | -€63,005 | -22.2% |
| Equity | 10/15 | €247,017 | €173,762 | -€73,255 | -29.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €227,017 | €153,762 | -€73,255 | -32.3% |
| Distributable reserves | 133 | €227,017 | €153,762 | -€73,255 | -32.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €37,381 | €47,631 | +€10,250 | +27.4% |
| Amounts payable within one year | 42/48 | €37,087 | €46,614 | +€9,527 | +25.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €4,083 | €768 | -€3,315 | -81.2% |
| Suppliers | 440/4 | €4,083 | €768 | -€3,315 | -81.2% |
| Taxes, remuneration and social security | 45 | €18,827 | €27,101 | +€8,274 | +43.9% |
| Taxes | 450/3 | €18,827 | €27,101 | +€8,274 | +43.9% |
| Other amounts payable | 47/48 | €14,178 | €18,746 | +€4,568 | +32.2% |
| Accrued charges and deferred income | 492/3 | €294 | €1,017 | +€722 | +245% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,689 | €733 | -€956 | -56.6% |
| Other operating charges | 640/8 | €1,086 | €1,453 | +€367 | +33.8% |
| Gross operating margin | 9900 | €298,665 | €279,503 | -€19,162 | -6.4% |
| Operating profit (loss) | 9901 | €295,890 | €277,317 | -€18,573 | -6.3% |
| Financial income | 75/76B | €488 | €6,480 | +€5,992 | +1,229% |
| Recurring financial income | 75 | €488 | €6,480 | +€5,992 | +1,229% |
| Financial charges | 65/66B | €544 | €1,463 | +€919 | +169% |
| Recurring financial charges | 65 | €544 | €1,463 | +€919 | +169% |
| Profit (loss) for the period before taxes | 9903 | €295,833 | €282,333 | -€13,500 | -4.6% |
| Income taxes | 67/77 | €70,817 | €65,588 | -€5,228 | -7.4% |
| Profit (loss) for the period | 9904 | €225,017 | €216,745 | -€8,272 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €225,017 | €216,745 | -€8,272 | -3.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.