DESCA-STIJL: 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.
DESCA-STIJL
Largest movements
- Cash -€38,959
down €38,959 (-47.6%), from €81,853 to €42,895
mainly Contributions, distributions and other (-€51,191) and Investment in fixed assets (net) (-€31,112)
- Receivables after one year +€16,673
up €16,673 (+35.0%), from €47,626 to €64,299
- Tangible fixed assets +€16,612
up €16,612 (+57.1%), from €29,075 to €45,687
of which Plant, machinery and equipment: +€21,084
- Receivables within one year +€4,022
up €4,022 (+82.1%), from €4,900 to €8,922
- Reserves -€37,900
down €37,900 (-36.4%), from €104,188 to €66,288
- Debts after one year +€24,646
new in 2025: €24,646
- Other debts +€8,723
up €8,723 (+22.3%), from €39,140 to €47,863
- Current portion of long-term debt +€3,039
new in 2025: €3,039
- Trade debts -€2,633
down €2,633 (-45.2%), from €5,820 to €3,188
- Staff costs +€13,279
up €13,279 (+17.7%), from €75,083 to €88,362
- Depreciation +€5,021
up €5,021 (+53.0%), from €9,480 to €14,501
- Taxes -€4,936
down €4,936 (-52.1%), from €9,474 to €4,538
- Gross operating margin +€3,129
up €3,129 (+2.7%), from €115,597 to €118,726
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €168,655 | €166,176 | -€2,479 | -1.5% |
| Fixed assets | 21/28 | €29,305 | €45,917 | +€16,612 | +56.7% |
| Tangible fixed assets | 22/27 | €29,075 | €45,687 | +€16,612 | +57.1% |
| Plant, machinery and equipment | 23 | €12,468 | €33,551 | +€21,084 | +169% |
| Furniture and vehicles | 24 | €1,457 | €1,818 | +€360 | +24.7% |
| Other tangible fixed assets | 26 | €15,150 | €10,318 | -€4,832 | -31.9% |
| Financial fixed assets | 28 | €230 | €230 | = | 0.0% |
| Current assets | 29/58 | €139,350 | €120,259 | -€19,091 | -13.7% |
| Amounts receivable after more than one year | 29 | €47,626 | €64,299 | +€16,673 | +35.0% |
| Other amounts receivable | 291 | €47,626 | €64,299 | +€16,673 | +35.0% |
| Stocks and contracts in progress | 3 | €4,971 | €4,144 | -€827 | -16.6% |
| Stocks | 30/36 | €4,971 | €4,144 | -€827 | -16.6% |
| Amounts receivable within one year | 40/41 | €4,900 | €8,922 | +€4,022 | +82.1% |
| Other amounts receivable | 41 | €4,900 | €8,922 | +€4,022 | +82.1% |
| Cash at bank and in hand | 54/58 | €81,853 | €42,895 | -€38,959 | -47.6% |
| Total equity and liabilities | 10/49 | €168,655 | €166,176 | -€2,479 | -1.5% |
| Equity | 10/15 | €104,188 | €66,288 | -€37,900 | -36.4% |
| Reserves | 13 | €104,188 | €66,288 | -€37,900 | -36.4% |
| Distributable reserves | 133 | €104,188 | €66,288 | -€37,900 | -36.4% |
| Amounts payable | 17/49 | €64,467 | €99,888 | +€35,421 | +54.9% |
| Amounts payable after more than one year | 17 | - | €24,646 | +€24,646 | |
| Financial debts | 170/4 | - | €24,646 | +€24,646 | |
| Amounts payable within one year | 42/48 | €64,467 | €75,241 | +€10,775 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | - | €3,039 | +€3,039 | |
| Trade debts | 44 | €5,820 | €3,188 | -€2,633 | -45.2% |
| Suppliers | 440/4 | €5,820 | €3,188 | -€2,633 | -45.2% |
| Taxes, remuneration and social security | 45 | €19,506 | €21,151 | +€1,645 | +8.4% |
| Taxes | 450/3 | €8,570 | €13,060 | +€4,490 | +52.4% |
| Remuneration and social security | 454/9 | €10,936 | €8,091 | -€2,845 | -26.0% |
| Other amounts payable | 47/48 | €39,140 | €47,863 | +€8,723 | +22.3% |
| Remuneration, social security and pensions | 62 | €75,083 | €88,362 | +€13,279 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,480 | €14,501 | +€5,021 | +53.0% |
| Other operating charges | 640/8 | €725 | €687 | -€38 | -5.2% |
| Gross operating margin | 9900 | €115,597 | €118,726 | +€3,129 | +2.7% |
| Operating profit (loss) | 9901 | €30,309 | €15,176 | -€15,134 | -49.9% |
| Financial income | 75/76B | €5,117 | €5,546 | +€429 | +8.4% |
| Recurring financial income | 75 | €5,117 | €5,546 | +€429 | +8.4% |
| Financial charges | 65/66B | €2,472 | €2,893 | +€421 | +17.0% |
| Recurring financial charges | 65 | €2,472 | €2,893 | +€421 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €32,954 | €17,828 | -€15,126 | -45.9% |
| Income taxes | 67/77 | €9,474 | €4,538 | -€4,936 | -52.1% |
| Profit (loss) for the period | 9904 | €23,480 | €13,290 | -€10,190 | -43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,480 | €13,290 | -€10,190 | -43.4% |
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 28 October 2026 via checked.be.