DESATO: what changed
Two fiscal 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.
DESATO
Largest movements
- Receivables within one year -€196,855
down €196,855 (-97.3%), from €202,293 to €5,438
of which Trade receivables: -€186,061
- Cash +€137,883
up €137,883 (+36.6%), from €376,553 to €514,437
mainly Receivables within one year (+€196,855) and Net result for the year (+€23,806)
- Tangible fixed assets -€7,798
down €7,798 (-49.6%), from €15,729 to €7,930
of which Furniture and vehicles: -€6,962
- Trade debts -€89,299
down €89,299 (-99.0%), from €90,194 to €895
- Reserves +€23,806
up €23,806 (+5.9%), from €403,263 to €427,069
of which Distributable reserves: +€23,806
- Gross operating margin -€115,618
down €115,618 (-73.4%), from €157,599 to €41,981
- Taxes -€35,518
down €35,518 (-74.4%), from €47,725 to €12,207
- Financial income +€2,130
up €2,130 (+232.8%), from €915 to €3,045
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 | €597,087 | €530,325 | -€66,762 | -11.2% |
| Fixed assets | 21/28 | €16,086 | €8,049 | -€8,036 | -50.0% |
| Intangible fixed assets | 21 | €357 | €119 | -€238 | -66.7% |
| Tangible fixed assets | 22/27 | €15,729 | €7,930 | -€7,798 | -49.6% |
| Plant, machinery and equipment | 23 | €1,420 | €583 | -€837 | -58.9% |
| Furniture and vehicles | 24 | €14,309 | €7,347 | -€6,962 | -48.7% |
| Current assets | 29/58 | €581,001 | €522,275 | -€58,726 | -10.1% |
| Amounts receivable within one year | 40/41 | €202,293 | €5,438 | -€196,855 | -97.3% |
| Trade receivables | 40 | €189,706 | €3,645 | -€186,061 | -98.1% |
| Other amounts receivable | 41 | €12,587 | €1,793 | -€10,794 | -85.8% |
| Cash at bank and in hand | 54/58 | €376,553 | €514,437 | +€137,883 | +36.6% |
| Deferred charges and accrued income | 490/1 | €2,155 | €2,401 | +€246 | +11.4% |
| Total equity and liabilities | 10/49 | €597,087 | €530,325 | -€66,762 | -11.2% |
| Equity | 10/15 | €498,563 | €522,369 | +€23,806 | +4.8% |
| Contributions | 10/11 | €95,300 | €95,300 | = | 0.0% |
| Reserves | 13 | €403,263 | €427,069 | +€23,806 | +5.9% |
| Non-distributable reserves | 130/1 | €10,140 | €10,140 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,140 | €10,140 | = | 0.0% |
| Distributable reserves | 133 | €393,123 | €416,929 | +€23,806 | +6.1% |
| Amounts payable | 17/49 | €98,524 | €7,955 | -€90,568 | -91.9% |
| Amounts payable within one year | 42/48 | €98,524 | €7,955 | -€90,568 | -91.9% |
| Trade debts | 44 | €90,194 | €895 | -€89,299 | -99.0% |
| Suppliers | 440/4 | €90,194 | €895 | -€89,299 | -99.0% |
| Taxes, remuneration and social security | 45 | - | €603 | +€603 | |
| Taxes | 450/3 | - | €603 | +€603 | |
| Other amounts payable | 47/48 | €8,330 | €6,457 | -€1,873 | -22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,336 | €8,036 | -€299 | -3.6% |
| Other operating charges | 640/8 | €655 | €675 | +€20 | +3.1% |
| Gross operating margin | 9900 | €157,599 | €41,981 | -€115,618 | -73.4% |
| Operating profit (loss) | 9901 | €148,608 | €33,269 | -€115,339 | -77.6% |
| Financial income | 75/76B | €915 | €3,045 | +€2,130 | +232.8% |
| Recurring financial income | 75 | €915 | €3,045 | +€2,130 | +232.8% |
| Financial charges | 65/66B | €239 | €301 | +€63 | +26.2% |
| Recurring financial charges | 65 | €239 | €301 | +€63 | +26.2% |
| Profit (loss) for the period before taxes | 9903 | €149,284 | €36,013 | -€113,272 | -75.9% |
| Income taxes | 67/77 | €47,725 | €12,207 | -€35,518 | -74.4% |
| Profit (loss) for the period | 9904 | €101,560 | €23,806 | -€77,754 | -76.6% |
| Profit (loss) for the period to be appropriated | 9905 | €101,560 | €23,806 | -€77,754 | -76.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.