DESDEC: 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.
DESDEC
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€1.7m
down €1.7m (-100.0%), from €1.7m to €0
- Staff costs -€1.2m
no longer reported in 2025 (was €1.2m)
- Depreciation -€256,309
no longer reported in 2025 (was €256,309)
- Financial charges -€85,200
no longer reported in 2025 (was €85,200)
- Taxes -€50,168
no longer reported in 2025 (was €50,168)
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,835,190 | €2,835,190 | = | 0.0% |
| Fixed assets | 21/28 | €2,371,333 | €2,371,333 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,371,333 | €2,371,333 | = | 0.0% |
| Land and buildings | 22 | €1,996,486 | €1,996,486 | = | 0.0% |
| Plant, machinery and equipment | 23 | €295,336 | €295,336 | = | 0.0% |
| Furniture and vehicles | 24 | €25,327 | €25,327 | = | 0.0% |
| Leasing and similar rights | 25 | €54,184 | €54,184 | = | 0.0% |
| Current assets | 29/58 | €463,858 | €463,858 | = | 0.0% |
| Stocks and contracts in progress | 3 | €120,207 | €120,207 | = | 0.0% |
| Stocks | 30/36 | €120,207 | €120,207 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €159,498 | €159,498 | = | 0.0% |
| Trade receivables | 40 | €53,613 | €53,613 | = | 0.0% |
| Other amounts receivable | 41 | €105,884 | €105,884 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €180,353 | €180,353 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €3,800 | €3,800 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,835,190 | €2,835,190 | = | 0.0% |
| Equity | 10/15 | €545,988 | €545,988 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €426,723 | €426,723 | = | 0.0% |
| Tax-exempt reserves | 132 | €167,151 | €167,151 | = | 0.0% |
| Distributable reserves | 133 | €259,572 | €259,572 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,066 | €113,066 | = | 0.0% |
| Provisions and deferred taxes | 16 | €55,650 | €55,650 | = | 0.0% |
| Deferred taxes | 168 | €55,650 | €55,650 | = | 0.0% |
| Amounts payable | 17/49 | €2,233,552 | €2,233,552 | = | 0.0% |
| Amounts payable after more than one year | 17 | €1,387,713 | €1,387,713 | = | 0.0% |
| Financial debts | 170/4 | €1,387,713 | €1,387,713 | = | 0.0% |
| Amounts payable within one year | 42/48 | €839,866 | €839,866 | = | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €344,497 | €344,497 | = | 0.0% |
| Trade debts | 44 | €250,921 | €250,921 | = | 0.0% |
| Suppliers | 440/4 | €250,921 | €250,921 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €242,107 | €242,107 | = | 0.0% |
| Taxes | 450/3 | €95,215 | €95,215 | = | 0.0% |
| Remuneration and social security | 454/9 | €146,891 | €146,891 | = | 0.0% |
| Other amounts payable | 47/48 | €2,342 | €2,342 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,973 | €5,973 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,202,661 | - | -€1.2m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €256,309 | - | -€256,309 | |
| Other operating charges | 640/8 | €17,187 | - | -€17,187 | |
| Non-recurring operating charges | 66A | €1,435 | - | -€1,435 | |
| Gross operating margin | 9900 | €1,746,100 | €0 | -€1.7m | -100.0% |
| Operating profit (loss) | 9901 | €268,508 | €0 | -€268,508 | -100.0% |
| Financial income | 75/76B | €421 | - | -€421 | |
| Recurring financial income | 75 | €421 | - | -€421 | |
| Financial charges | 65/66B | €85,200 | - | -€85,200 | |
| Recurring financial charges | 65 | €85,200 | - | -€85,200 | |
| Profit (loss) for the period before taxes | 9903 | €183,729 | €0 | -€183,729 | -100.0% |
| Transfer from deferred taxes | 780 | €3,368 | - | -€3,368 | |
| Income taxes | 67/77 | €50,168 | - | -€50,168 | |
| Profit (loss) for the period | 9904 | €136,929 | €0 | -€136,929 | -100.0% |
| Transfer from tax-exempt reserves | 789 | €10,116 | - | -€10,116 | |
| Profit (loss) for the period to be appropriated | 9905 | €147,046 | €0 | -€147,046 | -100.0% |
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 7 October 2026 via checked.be.