DESDEMONA: 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.
DESDEMONA
Largest movements
- Cash -€41,091
down €41,091 (-93.2%), from €44,083 to €2,992
mainly Tax, wage and social debts (-€23,545) and Debts after one year (-€22,917)
- Stocks and contracts -€40,001
down €40,001 (-25.3%), from €158,035 to €118,034
- Deferred charges and accrued income -€7,500
no longer reported in 2025 (was €7,500)
- Tangible fixed assets -€6,726
down €6,726 (-39.6%), from €16,966 to €10,239
of which Plant, machinery and equipment: -€3,683
- Tax, wage and social debts -€23,545
down €23,545 (-51.6%), from €45,626 to €22,081
of which Taxes: -€19,592
- Debts after one year -€22,917
no longer reported in 2025 (was €22,917)
- Other debts -€22,541
down €22,541 (-94.8%), from €23,780 to €1,239
- Profit (loss) carried forward -€21,336
down €21,336, from €5,187 to -€16,149
- Current portion of long-term debt -€8,786
down €8,786 (-27.7%), from €31,703 to €22,917
- Gross operating margin -€15,766
down €15,766 (-30.1%), from €52,322 to €36,556
- Staff costs +€2,732
up €2,732 (+6.2%), from €44,019 to €46,751
- Depreciation -€1,300
down €1,300 (-29.9%), from €4,343 to €3,043
- Financial charges +€1,116
up €1,116 (+23.5%), from €4,748 to €5,864
- Taxes -€817
down €817 (-83.0%), from €985 to €168
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 | €228,772 | €131,266 | -€97,506 | -42.6% |
| Fixed assets | 21/28 | €16,966 | €10,239 | -€6,726 | -39.6% |
| Tangible fixed assets | 22/27 | €16,966 | €10,239 | -€6,726 | -39.6% |
| Plant, machinery and equipment | 23 | €3,683 | - | -€3,683 | |
| Other tangible fixed assets | 26 | €13,282 | €10,239 | -€3,043 | -22.9% |
| Current assets | 29/58 | €211,806 | €121,027 | -€90,780 | -42.9% |
| Stocks and contracts in progress | 3 | €158,035 | €118,034 | -€40,001 | -25.3% |
| Stocks | 30/36 | €158,035 | €118,034 | -€40,001 | -25.3% |
| Amounts receivable within one year | 40/41 | €2,188 | - | -€2,188 | |
| Other amounts receivable | 41 | €2,188 | - | -€2,188 | |
| Cash at bank and in hand | 54/58 | €44,083 | €2,992 | -€41,091 | -93.2% |
| Deferred charges and accrued income | 490/1 | €7,500 | - | -€7,500 | |
| Total equity and liabilities | 10/49 | €228,772 | €131,266 | -€97,506 | -42.6% |
| Equity | 10/15 | €25,647 | €4,311 | -€21,336 | -83.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,187 | -€16,149 | -€21,336 | |
| Amounts payable | 17/49 | €203,125 | €126,955 | -€76,170 | -37.5% |
| Amounts payable after more than one year | 17 | €22,917 | - | -€22,917 | |
| Financial debts | 170/4 | €22,917 | - | -€22,917 | |
| Amounts payable within one year | 42/48 | €180,208 | €126,955 | -€53,253 | -29.6% |
| Current portion of amounts payable after more than one year | 42 | €31,703 | €22,917 | -€8,786 | -27.7% |
| Financial debts | 43 | - | €6,779 | +€6,779 | |
| Credit institutions | 430/8 | - | €6,779 | +€6,779 | |
| Trade debts | 44 | €79,099 | €73,940 | -€5,160 | -6.5% |
| Suppliers | 440/4 | €79,099 | €73,940 | -€5,160 | -6.5% |
| Taxes, remuneration and social security | 45 | €45,626 | €22,081 | -€23,545 | -51.6% |
| Taxes | 450/3 | €35,775 | €16,183 | -€19,592 | -54.8% |
| Remuneration and social security | 454/9 | €9,851 | €5,898 | -€3,953 | -40.1% |
| Other amounts payable | 47/48 | €23,780 | €1,239 | -€22,541 | -94.8% |
| Remuneration, social security and pensions | 62 | €44,019 | €46,751 | +€2,732 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,343 | €3,043 | -€1,300 | -29.9% |
| Other operating charges | 640/8 | €1,675 | €2,070 | +€395 | +23.6% |
| Gross operating margin | 9900 | €52,322 | €36,556 | -€15,766 | -30.1% |
| Operating profit (loss) | 9901 | €2,285 | -€15,308 | -€17,593 | |
| Financial income | 75/76B | €0 | €4 | +€4 | +43,700% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +43,700% |
| Financial charges | 65/66B | €4,748 | €5,864 | +€1,116 | +23.5% |
| Recurring financial charges | 65 | €4,748 | €5,864 | +€1,116 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,463 | -€21,168 | -€18,705 | -759% |
| Income taxes | 67/77 | €985 | €168 | -€817 | -83.0% |
| Profit (loss) for the period | 9904 | -€3,448 | -€21,336 | -€17,888 | -519% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,448 | -€21,336 | -€17,888 | -519% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.