DESAN: 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.
DESAN
Largest movements
- Receivables within one year -€38,581
down €38,581 (-37.7%), from €102,261 to €63,680
of which Trade receivables: -€22,232
- Tangible fixed assets -€15,261
down €15,261 (-42.1%), from €36,281 to €21,021
of which Plant, machinery and equipment: -€8,499
- Cash +€14,941
up €14,941 (+413%), from €3,622 to €18,562
mainly Net result for the year (+€70,619) and Receivables within one year (+€38,581)
- Stocks and contracts +€4,989
up €4,989 (+4.0%), from €123,971 to €128,959
- Profit (loss) carried forward +€70,619
up €70,619, from -€50,794 to €19,826
- Other debts -€56,610
no longer reported in 2024 (was €56,610)
- Debts after one year -€36,488
down €36,488 (-17.1%), from €213,926 to €177,437
- Trade debts -€15,652
down €15,652 (-77.6%), from €20,172 to €4,520
- Tax, wage and social debts +€4,003
up €4,003 (+109%), from €3,658 to €7,661
- Gross operating margin +€77,090
up €77,090 (+618%), from €12,468 to €89,558
- Taxes -€6,273
no longer reported in 2024 (was €6,273)
- Depreciation -€2,625
down €2,625 (-14.7%), from €17,885 to €15,261
- Other operating charges -€926
down €926 (-26.7%), from €3,464 to €2,538
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €266,135 | €232,222 | -€33,913 | -12.7% |
| Fixed assets | 21/28 | €36,281 | €21,021 | -€15,261 | -42.1% |
| Tangible fixed assets | 22/27 | €36,281 | €21,021 | -€15,261 | -42.1% |
| Land and buildings | 22 | €11,457 | €4,695 | -€6,762 | -59.0% |
| Plant, machinery and equipment | 23 | €24,825 | €16,326 | -€8,499 | -34.2% |
| Current assets | 29/58 | €229,853 | €211,201 | -€18,652 | -8.1% |
| Stocks and contracts in progress | 3 | €123,971 | €128,959 | +€4,989 | +4.0% |
| Stocks | 30/36 | €123,971 | €128,959 | +€4,989 | +4.0% |
| Amounts receivable within one year | 40/41 | €102,261 | €63,680 | -€38,581 | -37.7% |
| Trade receivables | 40 | €59,351 | €37,119 | -€22,232 | -37.5% |
| Other amounts receivable | 41 | €42,911 | €26,561 | -€16,350 | -38.1% |
| Cash at bank and in hand | 54/58 | €3,622 | €18,562 | +€14,941 | +413% |
| Total equity and liabilities | 10/49 | €266,135 | €232,222 | -€33,913 | -12.7% |
| Equity | 10/15 | -€32,194 | €38,426 | +€70,619 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,794 | €19,826 | +€70,619 | |
| Amounts payable | 17/49 | €298,328 | €193,796 | -€104,532 | -35.0% |
| Amounts payable after more than one year | 17 | €213,926 | €177,437 | -€36,488 | -17.1% |
| Other amounts payable | 178/9 | €213,926 | €177,437 | -€36,488 | -17.1% |
| Amounts payable within one year | 42/48 | €84,403 | €16,359 | -€68,044 | -80.6% |
| Trade debts | 44 | €20,172 | €4,520 | -€15,652 | -77.6% |
| Suppliers | 440/4 | €20,172 | €4,520 | -€15,652 | -77.6% |
| Advances received on contracts in progress | 46 | €3,963 | €4,178 | +€215 | +5.4% |
| Taxes, remuneration and social security | 45 | €3,658 | €7,661 | +€4,003 | +109% |
| Taxes | 450/3 | €3,658 | €7,661 | +€4,003 | +109% |
| Other amounts payable | 47/48 | €56,610 | - | -€56,610 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,885 | €15,261 | -€2,625 | -14.7% |
| Other operating charges | 640/8 | €3,464 | €2,538 | -€926 | -26.7% |
| Gross operating margin | 9900 | €12,468 | €89,558 | +€77,090 | +618% |
| Operating profit (loss) | 9901 | -€8,881 | €71,760 | +€80,641 | |
| Financial income | 75/76B | €210 | €48 | -€162 | -77.2% |
| Recurring financial income | 75 | €210 | €48 | -€162 | -77.2% |
| Financial charges | 65/66B | €675 | €1,188 | +€513 | +76.1% |
| Recurring financial charges | 65 | €675 | €1,188 | +€513 | +76.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,346 | €70,619 | +€79,965 | |
| Income taxes | 67/77 | €6,273 | - | -€6,273 | |
| Profit (loss) for the period | 9904 | -€15,619 | €70,619 | +€86,238 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,619 | €70,619 | +€86,238 |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.