DESAU Consulting: 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.
What changed
DESAU Consulting
NACE 46.170, Agents in the wholesale of food, beverages and tobacco
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€126,213
2024 · €128,562-€2,349
Equity
€3.5m
2024 · €3.4m+€45,547
Cash
€104,325
2024 · €134,521-€30,196
Balance sheet total
€3.6m
2024 · €3.6m+€49,256
Largest movements
Assets
- Financial fixed assets +€38,500
up €38,500 (+2.5%), from €1.5m to €1.6m
Equity and liabilities
- Reserves +€41,000
up €41,000 (+6.8%), from €605,855 to €646,855
of which Distributable reserves: +€42,855
Income statement
- Gross operating margin -€2,998
down €2,998 (-3.9%), from €77,257 to €74,259
- Financial charges -€1,950
down €1,950 (-20.5%), from €9,527 to €7,578
- Taxes +€1,782
up €1,782 (+3.4%), from €52,768 to €54,550
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.
Result 2024
€128,562
Gross operating margin
-€2,998
Depreciation
+€588
Other operating charges
-€160
Financial income
+€54
Financial charges
+€1,950
Taxes
-€1,782
Result 2025
€126,213
raises the resultlowers the result
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.
From operations
+€100,852
Investment
-€38,500
Financing
-€92,547
Cash 2024
€134,521
From operations (derived)
+€100,852
Net result for the year
+€126,213
Depreciation
+€979
Receivables after one year
-€31,000
Receivables within one year
-€6,519
Deferred charges and accrued income
-€4,411
Trade debts
+€2,817
Tax, wage and social debts
+€9,441
Other debts
+€8,641
Accrued charges and deferred income
-€5,310
Investment (derived)
-€38,500
Investment in fixed assets (net)
-€38,500
Financing
-€92,547
Short-term financial debts
-€11,881
Contributions, distributions and other
-€80,666
Cash 2025
€104,325
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,556,988 | €3,606,244 | +€49,256 | +1.4% |
| Fixed assets | 21/28 | €1,521,812 | €1,559,334 | +€37,521 | +2.5% |
| Tangible fixed assets | 22/27 | €992 | €14 | -€979 | -98.6% |
| Plant, machinery and equipment | 23 | €653 | €14 | -€639 | -97.9% |
| Furniture and vehicles | 24 | €339 | €0 | -€339 | -100% |
| Financial fixed assets | 28 | €1,520,820 | €1,559,320 | +€38,500 | +2.5% |
| Current assets | 29/58 | €2,035,176 | €2,046,910 | +€11,734 | +0.6% |
| Amounts receivable after more than one year | 29 | €1,859,171 | €1,890,171 | +€31,000 | +1.7% |
| Other amounts receivable | 291 | €1,859,171 | €1,890,171 | +€31,000 | +1.7% |
| Amounts receivable within one year | 40/41 | €33,460 | €39,979 | +€6,519 | +19.5% |
| Trade receivables | 40 | €6,204 | €34,747 | +€28,543 | +460% |
| Other amounts receivable | 41 | €27,256 | €5,232 | -€22,023 | -80.8% |
| Cash at bank and in hand | 54/58 | €134,521 | €104,325 | -€30,196 | -22.4% |
| Deferred charges and accrued income | 490/1 | €8,024 | €12,435 | +€4,411 | +55.0% |
| Total equity and liabilities | 10/49 | €3,556,988 | €3,606,244 | +€49,256 | +1.4% |
| Equity | 10/15 | €3,439,225 | €3,484,772 | +€45,547 | +1.3% |
| Contributions | 10/11 | €280,550 | €280,550 | = | 0.0% |
| Reserves | 13 | €605,855 | €646,855 | +€41,000 | +6.8% |
| Non-distributable reserves | 130/1 | €1,855 | €0 | -€1,855 | -100% |
| Reserves not available under the articles | 1311 | €1,855 | €0 | -€1,855 | -100% |
| Distributable reserves | 133 | €604,000 | €646,855 | +€42,855 | +7.1% |
| Profit (loss) carried forward | 14 | €2,552,820 | €2,557,367 | +€4,547 | +0.2% |
| Amounts payable | 17/49 | €117,764 | €121,472 | +€3,708 | +3.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €112,454 | €121,472 | +€9,018 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €23,680 | €11,798 | -€11,881 | -50.2% |
| Credit institutions | 430/8 | €23,680 | €11,798 | -€11,881 | -50.2% |
| Trade debts | 44 | €5,178 | €7,995 | +€2,817 | +54.4% |
| Suppliers | 440/4 | €5,178 | €7,995 | +€2,817 | +54.4% |
| Taxes, remuneration and social security | 45 | €9,383 | €18,824 | +€9,441 | +101% |
| Taxes | 450/3 | €9,383 | €18,683 | +€9,300 | +99.1% |
| Remuneration and social security | 454/9 | - | €141 | +€141 | |
| Other amounts payable | 47/48 | €74,214 | €82,855 | +€8,641 | +11.6% |
| Accrued charges and deferred income | 492/3 | €5,310 | €0 | -€5,310 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,566 | €979 | -€588 | -37.5% |
| Other operating charges | 640/8 | €1,871 | €2,032 | +€160 | +8.6% |
| Gross operating margin | 9900 | €77,257 | €74,259 | -€2,998 | -3.9% |
| Operating profit (loss) | 9901 | €73,819 | €71,249 | -€2,570 | -3.5% |
| Financial income | 75/76B | €117,038 | €117,092 | +€54 | 0.0% |
| Recurring financial income | 75 | €117,038 | €117,092 | +€54 | 0.0% |
| Financial charges | 65/66B | €9,527 | €7,578 | -€1,950 | -20.5% |
| Recurring financial charges | 65 | €9,527 | €7,578 | -€1,950 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €181,330 | €180,763 | -€567 | -0.3% |
| Income taxes | 67/77 | €52,768 | €54,550 | +€1,782 | +3.4% |
| Profit (loss) for the period | 9904 | €128,562 | €126,213 | -€2,349 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €128,562 | €126,213 | -€2,349 | -1.8% |
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 30 October 2026 via checked.be.