Desauw Engineering: 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.
Desauw Engineering
Largest movements
- Receivables within one year +€122,706
up €122,706 (+174.8%), from €70,193 to €192,899
of which Trade receivables: +€116,490
- Tangible fixed assets -€10,330
down €10,330 (-52.5%), from €19,658 to €9,328
- Formation expenses -€7,791
down €7,791 (-20.0%), from €38,957 to €31,166
- Deferred charges and accrued income -€7,430
down €7,430 (-99.5%), from €7,470 to €39
- Trade debts +€91,136
up €91,136 (+208.6%), from €43,691 to €134,827
- Other debts +€5,871
new in 2025: €5,871
- Reserves +€3,088
up €3,088 (+7.3%), from €42,119 to €45,207
of which Distributable reserves: +€3,088
- Gross operating margin -€34,768
down €34,768 (-11.0%), from €315,025 to €280,258
- Staff costs -€16,646
down €16,646 (-6.4%), from €259,706 to €243,060
- Financial charges +€5,555
up €5,555 (+128.5%), from €4,321 to €9,876
- Depreciation +€4,209
up €4,209 (+28.1%), from €14,952 to €19,161
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 | €170,296 | €268,203 | +€97,907 | +57.5% |
| Formation expenses | 20 | €38,957 | €31,166 | -€7,791 | -20.0% |
| Fixed assets | 21/28 | €19,658 | €9,328 | -€10,330 | -52.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €19,658 | €9,328 | -€10,330 | -52.5% |
| Furniture and vehicles | 24 | €19,658 | €9,328 | -€10,330 | -52.5% |
| Current assets | 29/58 | €111,682 | €227,709 | +€116,028 | +103.9% |
| Amounts receivable within one year | 40/41 | €70,193 | €192,899 | +€122,706 | +174.8% |
| Trade receivables | 40 | €69,750 | €186,240 | +€116,490 | +167.0% |
| Other amounts receivable | 41 | €443 | €6,659 | +€6,216 | +1402.6% |
| Cash at bank and in hand | 54/58 | €34,018 | €34,771 | +€753 | +2.2% |
| Deferred charges and accrued income | 490/1 | €7,470 | €39 | -€7,430 | -99.5% |
| Total equity and liabilities | 10/49 | €170,296 | €268,203 | +€97,907 | +57.5% |
| Equity | 10/15 | €58,162 | €61,249 | +€3,088 | +5.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,119 | €45,207 | +€3,088 | +7.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €40,259 | €43,347 | +€3,088 | +7.7% |
| Profit (loss) carried forward | 14 | -€2,558 | -€2,558 | = | 0.0% |
| Amounts payable | 17/49 | €112,135 | €206,953 | +€94,819 | +84.6% |
| Amounts payable within one year | 42/48 | €112,135 | €206,953 | +€94,819 | +84.6% |
| Financial debts | 43 | €44,369 | €43,394 | -€974 | -2.2% |
| Credit institutions | 430/8 | €44,369 | €43,394 | -€974 | -2.2% |
| Trade debts | 44 | €43,691 | €134,827 | +€91,136 | +208.6% |
| Suppliers | 440/4 | €43,691 | €134,827 | +€91,136 | +208.6% |
| Taxes, remuneration and social security | 45 | €24,075 | €22,861 | -€1,214 | -5.0% |
| Taxes | 450/3 | €4,835 | €10,116 | +€5,280 | +109.2% |
| Remuneration and social security | 454/9 | €19,240 | €12,745 | -€6,495 | -33.8% |
| Other amounts payable | 47/48 | - | €5,871 | +€5,871 | |
| Remuneration, social security and pensions | 62 | €259,706 | €243,060 | -€16,646 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,952 | €19,161 | +€4,209 | +28.1% |
| Other operating charges | 640/8 | €1,253 | €645 | -€607 | -48.5% |
| Non-recurring operating charges | 66A | €0 | €2,577 | +€2,577 | |
| Gross operating margin | 9900 | €315,025 | €280,258 | -€34,768 | -11.0% |
| Operating profit (loss) | 9901 | €39,114 | €14,815 | -€24,300 | -62.1% |
| Financial income | 75/76B | €159 | €17 | -€142 | -89.3% |
| Recurring financial income | 75 | €159 | €17 | -€142 | -89.3% |
| Financial charges | 65/66B | €4,321 | €9,876 | +€5,555 | +128.5% |
| Recurring financial charges | 65 | €4,321 | €9,876 | +€5,555 | +128.5% |
| Profit (loss) for the period before taxes | 9903 | €34,952 | €4,955 | -€29,997 | -85.8% |
| Income taxes | 67/77 | €788 | €1,868 | +€1,080 | +137.2% |
| Profit (loss) for the period | 9904 | €34,164 | €3,088 | -€31,077 | -91.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,164 | €3,088 | -€31,077 | -91.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.