DESCH: 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.
DESCH
Largest movements
- Tangible fixed assets -€46,898
down €46,898 (-14.2%), from €329,857 to €282,959
of which Land and buildings: -€39,256
- Profit (loss) carried forward -€42,193
down €42,193 (-12.8%), from €329,321 to €287,127
- Other debts +€8,552
up €8,552 (+35.4%), from €24,152 to €32,704
- Gross operating margin +€15,618
up €15,618, from -€6,330 to €9,288
- Financial charges -€1,859
down €1,859 (-96.9%), from €1,918 to €59
- Financial income -€745
down €745 (-21.7%), from €3,438 to €2,692
- Other operating charges -€446
down €446 (-12.6%), from €3,553 to €3,107
- Staff costs -€435
down €435 (-9.9%), from €4,407 to €3,972
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 | €780,979 | €740,990 | -€39,989 | -5.1% |
| Fixed assets | 21/28 | €334,073 | €287,175 | -€46,898 | -14.0% |
| Tangible fixed assets | 22/27 | €329,857 | €282,959 | -€46,898 | -14.2% |
| Land and buildings | 22 | €311,456 | €272,200 | -€39,256 | -12.6% |
| Plant, machinery and equipment | 23 | €1,491 | €830 | -€660 | -44.3% |
| Furniture and vehicles | 24 | €16,910 | €9,928 | -€6,981 | -41.3% |
| Financial fixed assets | 28 | €4,217 | €4,217 | = | 0.0% |
| Current assets | 29/58 | €446,906 | €453,814 | +€6,909 | +1.5% |
| Amounts receivable within one year | 40/41 | €7,526 | €11,830 | +€4,304 | +57.2% |
| Trade receivables | 40 | €4,948 | €7,988 | +€3,040 | +61.5% |
| Other amounts receivable | 41 | €2,579 | €3,842 | +€1,264 | +49.0% |
| Current investments | 50/53 | €396,876 | €397,114 | +€238 | +0.1% |
| Cash at bank and in hand | 54/58 | €40,284 | €42,984 | +€2,700 | +6.7% |
| Deferred charges and accrued income | 490/1 | €2,219 | €1,886 | -€333 | -15.0% |
| Total equity and liabilities | 10/49 | €780,979 | €740,990 | -€39,989 | -5.1% |
| Equity | 10/15 | €746,021 | €703,827 | -€42,193 | -5.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €386,700 | €386,700 | = | 0.0% |
| Distributable reserves | 133 | €386,700 | €386,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €329,321 | €287,127 | -€42,193 | -12.8% |
| Amounts payable | 17/49 | €34,958 | €37,162 | +€2,204 | +6.3% |
| Amounts payable within one year | 42/48 | €34,958 | €37,162 | +€2,204 | +6.3% |
| Trade debts | 44 | €10,455 | €4,458 | -€5,997 | -57.4% |
| Suppliers | 440/4 | €10,455 | €4,458 | -€5,997 | -57.4% |
| Taxes, remuneration and social security | 45 | €351 | - | -€351 | |
| Remuneration and social security | 454/9 | €351 | - | -€351 | |
| Other amounts payable | 47/48 | €24,152 | €32,704 | +€8,552 | +35.4% |
| Remuneration, social security and pensions | 62 | €4,407 | €3,972 | -€435 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,561 | €46,898 | +€337 | +0.7% |
| Other operating charges | 640/8 | €3,553 | €3,107 | -€446 | -12.6% |
| Gross operating margin | 9900 | -€6,330 | €9,288 | +€15,618 | |
| Operating profit (loss) | 9901 | -€60,852 | -€44,689 | +€16,163 | +26.6% |
| Financial income | 75/76B | €3,438 | €2,692 | -€745 | -21.7% |
| Recurring financial income | 75 | €3,438 | €2,692 | -€745 | -21.7% |
| Financial charges | 65/66B | €1,918 | €59 | -€1,859 | -96.9% |
| Recurring financial charges | 65 | €1,918 | €59 | -€1,859 | -96.9% |
| Profit (loss) for the period before taxes | 9903 | -€59,332 | -€42,055 | +€17,277 | +29.1% |
| Income taxes | 67/77 | €130 | €138 | +€8 | +6.1% |
| Profit (loss) for the period | 9904 | -€59,462 | -€42,193 | +€17,269 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,462 | -€42,193 | +€17,269 | +29.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.