DESAME: 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.
DESAME
Largest movements
- Tangible fixed assets -€381,399
down €381,399 (-99.9%), from €381,707 to €308
of which Land and buildings: -€381,080
- Cash +€268,857
up €268,857 (+39,067%), from €688 to €269,545
mainly Investment in fixed assets (net) (+€381,080) and Net result for the year (+€107,443)
- Receivables within one year -€34,951
down €34,951 (-70.0%), from €49,946 to €14,995
of which Trade receivables: -€44,523
- Debts after one year -€246,574
no longer reported in 2025 (was €246,574)
- Profit (loss) carried forward +€107,443
up €107,443, from -€3,234 to €104,209
- Tax, wage and social debts +€29,771
up €29,771 (+96.7%), from €30,784 to €60,555
- Trade debts -€28,504
down €28,504 (-32.2%), from €88,572 to €60,068
- Current portion of long-term debt -€19,666
no longer reported in 2025 (was €19,666)
- Gross operating margin +€160,615
up €160,615 (+972%), from €16,527 to €177,142
- Taxes +€39,447
up €39,447 (+25,225%), from €156 to €39,603
- Other operating charges +€17,202
up €17,202 (+632%), from €2,720 to €19,922
- Depreciation -€10,228
down €10,228 (-97.0%), from €10,547 to €319
- Financial charges +€3,870
up €3,870 (+64.7%), from €5,985 to €9,855
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 | €432,341 | €284,848 | -€147,492 | -34.1% |
| Fixed assets | 21/28 | €381,707 | €308 | -€381,399 | -99.9% |
| Tangible fixed assets | 22/27 | €381,707 | €308 | -€381,399 | -99.9% |
| Land and buildings | 22 | €381,080 | - | -€381,080 | |
| Furniture and vehicles | 24 | €627 | €308 | -€319 | -50.8% |
| Current assets | 29/58 | €50,634 | €284,540 | +€233,906 | +462% |
| Amounts receivable within one year | 40/41 | €49,946 | €14,995 | -€34,951 | -70.0% |
| Trade receivables | 40 | €44,523 | - | -€44,523 | |
| Other amounts receivable | 41 | €5,423 | €14,995 | +€9,572 | +177% |
| Cash at bank and in hand | 54/58 | €688 | €269,545 | +€268,857 | +39,067% |
| Total equity and liabilities | 10/49 | €432,341 | €284,848 | -€147,492 | -34.1% |
| Equity | 10/15 | €31,462 | €138,905 | +€107,443 | +341% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €9,696 | €9,696 | = | 0.0% |
| Distributable reserves | 133 | €9,696 | €9,696 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,234 | €104,209 | +€107,443 | |
| Amounts payable | 17/49 | €400,878 | €145,943 | -€254,935 | -63.6% |
| Amounts payable after more than one year | 17 | €246,574 | - | -€246,574 | |
| Financial debts | 170/4 | €246,574 | - | -€246,574 | |
| Amounts payable within one year | 42/48 | €154,305 | €145,943 | -€8,362 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €19,666 | - | -€19,666 | |
| Trade debts | 44 | €88,572 | €60,068 | -€28,504 | -32.2% |
| Suppliers | 440/4 | €88,572 | €60,068 | -€28,504 | -32.2% |
| Taxes, remuneration and social security | 45 | €30,784 | €60,555 | +€29,771 | +96.7% |
| Taxes | 450/3 | €30,784 | €60,555 | +€29,771 | +96.7% |
| Other amounts payable | 47/48 | €15,283 | €25,320 | +€10,038 | +65.7% |
| Non-recurring operating income | 76A | - | €153,635 | +€153,635 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,547 | €319 | -€10,228 | -97.0% |
| Other operating charges | 640/8 | €2,720 | €19,922 | +€17,202 | +632% |
| Gross operating margin | 9900 | €16,527 | €177,142 | +€160,615 | +972% |
| Operating profit (loss) | 9901 | €3,260 | €156,902 | +€153,642 | +4,713% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €5,985 | €9,855 | +€3,870 | +64.7% |
| Recurring financial charges | 65 | €5,985 | €9,855 | +€3,870 | +64.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,725 | €147,046 | +€149,771 | |
| Income taxes | 67/77 | €156 | €39,603 | +€39,447 | +25,225% |
| Profit (loss) for the period | 9904 | -€2,881 | €107,443 | +€110,324 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,881 | €107,443 | +€110,324 |
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 20 October 2026 via checked.be.