DESAVO: 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
DESAVO
NACE 70.100, Activities of head offices
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4,383
2024 · €40,416-€36,034
Equity
€1.9m
2024 · €1.9m-€5,617
Cash
€29,233
2024 · €13,653+€15,580
Balance sheet total
€2.3m
2024 · €2.3m-€11,703
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Tax, wage and social debts +€32,317
up €32,317 (+119.1%), from €27,137 to €59,455
- Debts after one year -€31,980
down €31,980 (-11.8%), from €271,829 to €239,849
Income statement
- Staff costs +€37,796
up €37,796 (+31.6%), from €119,680 to €157,475
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
€40,416
Gross operating margin
+€838
Staff costs
-€37,796
Other operating charges
-€79
Financial income
-€40
Financial charges
+€1,043
Result 2025
€4,383
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.
From operations
+€57,560
Investment
€0
Financing
-€41,980
Cash 2024
€13,653
From operations (derived)
+€57,560
Net result for the year
+€4,383
Depreciation
+€22,474
Receivables within one year
+€4,809
Trade debts
-€6,423
Tax, wage and social debts
+€32,317
Financing
-€41,980
Debts after one year
-€31,980
Contributions, distributions and other
-€10,000
Cash 2025
€29,233
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,289,189 | €2,277,486 | -€11,703 | -0.5% |
| Fixed assets | 21/28 | €2,204,634 | €2,182,160 | -€22,474 | -1.0% |
| Tangible fixed assets | 22/27 | €1,307,061 | €1,284,587 | -€22,474 | -1.7% |
| Land and buildings | 22 | €386,570 | €364,096 | -€22,474 | -5.8% |
| Plant, machinery and equipment | 23 | €7,134 | €7,134 | = | 0.0% |
| Other tangible fixed assets | 26 | €913,357 | €913,357 | = | 0.0% |
| Financial fixed assets | 28 | €897,573 | €897,573 | = | 0.0% |
| Current assets | 29/58 | €84,555 | €95,326 | +€10,771 | +12.7% |
| Amounts receivable within one year | 40/41 | €70,902 | €66,093 | -€4,809 | -6.8% |
| Trade receivables | 40 | €13,564 | €14,029 | +€465 | +3.4% |
| Other amounts receivable | 41 | €57,338 | €52,064 | -€5,275 | -9.2% |
| Cash at bank and in hand | 54/58 | €13,653 | €29,233 | +€15,580 | +114.1% |
| Total equity and liabilities | 10/49 | €2,289,189 | €2,277,486 | -€11,703 | -0.5% |
| Equity | 10/15 | €1,935,375 | €1,929,758 | -€5,617 | -0.3% |
| Contributions | 10/11 | €1,643,044 | €1,643,044 | = | 0.0% |
| Reserves | 13 | €292,331 | €286,714 | -€5,617 | -1.9% |
| Distributable reserves | 133 | €292,331 | €286,714 | -€5,617 | -1.9% |
| Amounts payable | 17/49 | €353,814 | €347,728 | -€6,085 | -1.7% |
| Amounts payable after more than one year | 17 | €271,829 | €239,849 | -€31,980 | -11.8% |
| Financial debts | 170/4 | €271,829 | €239,849 | -€31,980 | -11.8% |
| Amounts payable within one year | 42/48 | €81,985 | €107,879 | +€25,894 | +31.6% |
| Current portion of amounts payable after more than one year | 42 | €31,980 | €31,980 | = | 0.0% |
| Trade debts | 44 | €12,868 | €6,445 | -€6,423 | -49.9% |
| Suppliers | 440/4 | €12,868 | €6,445 | -€6,423 | -49.9% |
| Taxes, remuneration and social security | 45 | €27,137 | €59,455 | +€32,317 | +119.1% |
| Remuneration and social security | 454/9 | €27,137 | €59,455 | +€32,317 | +119.1% |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Non-recurring operating income | 76A | €356 | - | -€356 | |
| Remuneration, social security and pensions | 62 | €119,680 | €157,475 | +€37,796 | +31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,474 | €22,474 | = | 0.0% |
| Other operating charges | 640/8 | €2,553 | €2,632 | +€79 | +3.1% |
| Gross operating margin | 9900 | €193,692 | €194,529 | +€838 | +0.4% |
| Operating profit (loss) | 9901 | €48,985 | €11,949 | -€37,036 | -75.6% |
| Financial income | 75/76B | €125 | €85 | -€40 | -32.0% |
| Recurring financial income | 75 | €125 | €85 | -€40 | -32.0% |
| Financial charges | 65/66B | €8,694 | €7,651 | -€1,043 | -12.0% |
| Recurring financial charges | 65 | €8,694 | €7,651 | -€1,043 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €40,416 | €4,383 | -€36,034 | -89.2% |
| Profit (loss) for the period | 9904 | €40,416 | €4,383 | -€36,034 | -89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,416 | €4,383 | -€36,034 | -89.2% |
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 10 October 2026 via checked.be.