DESCHAGHT: 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.
DESCHAGHT
Largest movements
- Cash +€35,347
up €35,347 (+102.7%), from €34,402 to €69,748
mainly Net result for the year (+€33,415) and Trade debts (+€17,422)
- Receivables within one year +€18,179
up €18,179 (+82.9%), from €21,927 to €40,106
of which Trade receivables: +€18,179
- Tangible fixed assets -€11,772
down €11,772 (-27.2%), from €43,248 to €31,476
of which Furniture and vehicles: -€13,571
- Reserves +€33,415
up €33,415 (+51.0%), from €65,542 to €98,957
- Trade debts +€17,422
up €17,422 (+5878.9%), from €296 to €17,718
- Tax, wage and social debts -€9,769
down €9,769 (-32.2%), from €30,295 to €20,526
- Other debts +€1,721
up €1,721 (+222.0%), from €775 to €2,496
- Gross operating margin -€18,039
down €18,039 (-25.2%), from €71,674 to €53,635
- Financial charges +€5,465
up €5,465 (+12856.9%), from €43 to €5,508
of which Non-recurring financial charges: +€4,917
- Taxes -€3,830
down €3,830 (-25.4%), from €15,068 to €11,237
- Depreciation -€2,239
down €2,239 (-47.7%), from €4,692 to €2,453
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 | €101,117 | €142,915 | +€41,797 | +41.3% |
| Fixed assets | 21/28 | €43,248 | €31,476 | -€11,772 | -27.2% |
| Tangible fixed assets | 22/27 | €43,248 | €31,476 | -€11,772 | -27.2% |
| Plant, machinery and equipment | 23 | €1,446 | €3,041 | +€1,594 | +110.2% |
| Furniture and vehicles | 24 | €17,852 | €4,281 | -€13,571 | -76.0% |
| Other tangible fixed assets | 26 | €23,950 | €24,155 | +€205 | +0.9% |
| Current assets | 29/58 | €57,869 | €111,439 | +€53,570 | +92.6% |
| Amounts receivable within one year | 40/41 | €21,927 | €40,106 | +€18,179 | +82.9% |
| Trade receivables | 40 | €21,903 | €40,082 | +€18,179 | +83.0% |
| Other amounts receivable | 41 | €25 | €25 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €34,402 | €69,748 | +€35,347 | +102.7% |
| Deferred charges and accrued income | 490/1 | €1,540 | €1,584 | +€44 | +2.9% |
| Total equity and liabilities | 10/49 | €101,117 | €142,915 | +€41,797 | +41.3% |
| Equity | 10/15 | €68,542 | €101,957 | +€33,415 | +48.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €65,542 | €98,957 | +€33,415 | +51.0% |
| Distributable reserves | 133 | €65,542 | €98,957 | +€33,415 | +51.0% |
| Amounts payable | 17/49 | €32,576 | €40,958 | +€8,382 | +25.7% |
| Amounts payable within one year | 42/48 | €31,367 | €40,741 | +€9,374 | +29.9% |
| Trade debts | 44 | €296 | €17,718 | +€17,422 | +5878.9% |
| Suppliers | 440/4 | €296 | €17,718 | +€17,422 | +5878.9% |
| Taxes, remuneration and social security | 45 | €30,295 | €20,526 | -€9,769 | -32.2% |
| Taxes | 450/3 | €30,295 | €20,526 | -€9,769 | -32.2% |
| Other amounts payable | 47/48 | €775 | €2,496 | +€1,721 | +222.0% |
| Accrued charges and deferred income | 492/3 | €1,209 | €217 | -€992 | -82.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,692 | €2,453 | -€2,239 | -47.7% |
| Other operating charges | 640/8 | €1,205 | €1,021 | -€184 | -15.3% |
| Gross operating margin | 9900 | €71,674 | €53,635 | -€18,039 | -25.2% |
| Operating profit (loss) | 9901 | €65,777 | €50,161 | -€15,616 | -23.7% |
| Financial charges | 65/66B | €43 | €5,508 | +€5,465 | +12856.9% |
| Recurring financial charges | 65 | €43 | €591 | +€549 | +1291.1% |
| Non-recurring financial charges | 66B | - | €4,917 | +€4,917 | |
| Profit (loss) for the period before taxes | 9903 | €65,734 | €44,653 | -€21,081 | -32.1% |
| Income taxes | 67/77 | €15,068 | €11,237 | -€3,830 | -25.4% |
| Profit (loss) for the period | 9904 | €50,666 | €33,415 | -€17,251 | -34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,666 | €33,415 | -€17,251 | -34.0% |
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 8 October 2026 via checked.be.