DesertWood: 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.
DesertWood
Largest movements
- Receivables within one year -€58,005
down €58,005 (-22.0%), from €263,958 to €205,953
of which Trade receivables: -€30,070
- Cash +€28,613
up €28,613 (+594%), from €4,820 to €33,433
mainly Receivables within one year (+€58,005) and Trade debts (+€20,358)
- Tangible fixed assets -€19,210
down €19,210 (-33.5%), from €57,336 to €38,126
of which Furniture and vehicles: -€12,292
- Advances received -€47,181
no longer reported in 2025 (was €47,181)
- Tax, wage and social debts -€23,287
down €23,287 (-57.8%), from €40,299 to €17,012
- Trade debts +€20,358
up €20,358 (+36.1%), from €56,456 to €76,813
- Current portion of long-term debt +€7,480
up €7,480 (+94.7%), from €7,897 to €15,377
- Debts after one year -€6,675
down €6,675 (-51.4%), from €12,975 to €6,300
- Gross operating margin -€52,006
down €52,006 (-64.2%), from €80,987 to €28,981
- Taxes -€10,468
down €10,468 (-85.5%), from €12,240 to €1,772
- Financial charges +€2,587
up €2,587 (+123%), from €2,108 to €4,695
- Other operating charges +€1,414
up €1,414 (+84.0%), from €1,683 to €3,097
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 | €326,113 | €277,511 | -€48,602 | -14.9% |
| Fixed assets | 21/28 | €57,336 | €38,126 | -€19,210 | -33.5% |
| Tangible fixed assets | 22/27 | €57,336 | €38,126 | -€19,210 | -33.5% |
| Plant, machinery and equipment | 23 | €15,975 | €11,557 | -€4,418 | -27.7% |
| Furniture and vehicles | 24 | €34,069 | €21,777 | -€12,292 | -36.1% |
| Other tangible fixed assets | 26 | €7,292 | €4,792 | -€2,500 | -34.3% |
| Current assets | 29/58 | €268,777 | €239,386 | -€29,392 | -10.9% |
| Amounts receivable within one year | 40/41 | €263,958 | €205,953 | -€58,005 | -22.0% |
| Trade receivables | 40 | €144,516 | €114,446 | -€30,070 | -20.8% |
| Other amounts receivable | 41 | €119,442 | €91,507 | -€27,935 | -23.4% |
| Cash at bank and in hand | 54/58 | €4,820 | €33,433 | +€28,613 | +594% |
| Total equity and liabilities | 10/49 | €326,113 | €277,511 | -€48,602 | -14.9% |
| Equity | 10/15 | €143,577 | €142,950 | -€627 | -0.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €133,577 | €132,950 | -€627 | -0.5% |
| Distributable reserves | 133 | €133,577 | €132,950 | -€627 | -0.5% |
| Amounts payable | 17/49 | €182,536 | €134,561 | -€47,975 | -26.3% |
| Amounts payable after more than one year | 17 | €12,975 | €6,300 | -€6,675 | -51.4% |
| Financial debts | 170/4 | €12,975 | €6,300 | -€6,675 | -51.4% |
| Amounts payable within one year | 42/48 | €169,562 | €128,261 | -€41,301 | -24.4% |
| Current portion of amounts payable after more than one year | 42 | €7,897 | €15,377 | +€7,480 | +94.7% |
| Financial debts | 43 | €17,729 | €18,226 | +€496 | +2.8% |
| Credit institutions | 430/8 | €17,729 | €18,226 | +€496 | +2.8% |
| Trade debts | 44 | €56,456 | €76,813 | +€20,358 | +36.1% |
| Suppliers | 440/4 | €56,456 | €76,813 | +€20,358 | +36.1% |
| Advances received on contracts in progress | 46 | €47,181 | - | -€47,181 | |
| Taxes, remuneration and social security | 45 | €40,299 | €17,012 | -€23,287 | -57.8% |
| Taxes | 450/3 | €40,299 | €17,012 | -€23,287 | -57.8% |
| Other amounts payable | 47/48 | - | €833 | +€833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,307 | €19,210 | -€97 | -0.5% |
| Other operating charges | 640/8 | €1,683 | €3,097 | +€1,414 | +84.0% |
| Gross operating margin | 9900 | €80,987 | €28,981 | -€52,006 | -64.2% |
| Operating profit (loss) | 9901 | €59,996 | €6,673 | -€53,323 | -88.9% |
| Financial charges | 65/66B | €2,108 | €4,695 | +€2,587 | +123% |
| Recurring financial charges | 65 | €2,108 | €4,695 | +€2,587 | +123% |
| Profit (loss) for the period before taxes | 9903 | €57,888 | €1,978 | -€55,910 | -96.6% |
| Income taxes | 67/77 | €12,240 | €1,772 | -€10,468 | -85.5% |
| Profit (loss) for the period | 9904 | €45,648 | €206 | -€45,441 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €45,648 | €206 | -€45,441 | -99.5% |
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 27 October 2026 via checked.be.