DESGUIN PRODUCTIONS: 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.
DESGUIN PRODUCTIONS
Largest movements
- Current investments +€585,000
new in 2025: €585,000
- Receivables within one year +€337,490
up €337,490 (+2,990%), from €11,289 to €348,778
of which Trade receivables: +€254,485
- Cash +€46,427
up €46,427 (+723%), from €6,418 to €52,845
mainly Accrued charges and deferred income (+€740,121) and Other debts (+€213,949)
- Accrued charges and deferred income +€740,121
new in 2025: €740,121
- Other debts +€213,949
up €213,949 (+42,518%), from €503 to €214,452
- Trade debts +€26,953
up €26,953 (+148%), from €18,215 to €45,168
- Profit (loss) carried forward -€12,982
down €12,982 (-121%), from -€10,699 to -€23,681
- Gross operating margin +€9,137
up €9,137 (+20.0%), from €45,696 to €54,834
- Staff costs +€4,185
up €4,185 (+7.6%), from €55,409 to €59,594
- Depreciation +€3,081
up €3,081 (+324%), from €950 to €4,031
- Financial income +€997
up €997, from €0 to €997
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 | €37,721 | €1,004,717 | +€966,996 | +2,564% |
| Fixed assets | 21/28 | €19,203 | €15,173 | -€4,031 | -21.0% |
| Tangible fixed assets | 22/27 | €19,203 | €15,173 | -€4,031 | -21.0% |
| Furniture and vehicles | 24 | €19,203 | €15,173 | -€4,031 | -21.0% |
| Current assets | 29/58 | €18,518 | €989,544 | +€971,027 | +5,244% |
| Amounts receivable within one year | 40/41 | €11,289 | €348,778 | +€337,490 | +2,990% |
| Trade receivables | 40 | €10,000 | €264,485 | +€254,485 | +2,545% |
| Other amounts receivable | 41 | €1,289 | €84,294 | +€83,005 | +6,441% |
| Current investments | 50/53 | - | €585,000 | +€585,000 | |
| Cash at bank and in hand | 54/58 | €6,418 | €52,845 | +€46,427 | +723% |
| Deferred charges and accrued income | 490/1 | €811 | €2,921 | +€2,110 | +260% |
| Total equity and liabilities | 10/49 | €37,721 | €1,004,717 | +€966,996 | +2,564% |
| Equity | 10/15 | €9,761 | -€3,221 | -€12,982 | |
| 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 | -€10,699 | -€23,681 | -€12,982 | -121% |
| Amounts payable | 17/49 | €27,960 | €1,007,938 | +€979,978 | +3,505% |
| Amounts payable within one year | 42/48 | €27,960 | €267,817 | +€239,856 | +858% |
| Financial debts | 43 | €68 | €79 | +€12 | +17.4% |
| Credit institutions | 430/8 | €68 | €79 | +€12 | +17.4% |
| Trade debts | 44 | €18,215 | €45,168 | +€26,953 | +148% |
| Suppliers | 440/4 | €18,215 | €45,168 | +€26,953 | +148% |
| Taxes, remuneration and social security | 45 | €9,175 | €8,117 | -€1,058 | -11.5% |
| Taxes | 450/3 | €1,467 | €3 | -€1,464 | -99.8% |
| Remuneration and social security | 454/9 | €7,707 | €8,114 | +€407 | +5.3% |
| Other amounts payable | 47/48 | €503 | €214,452 | +€213,949 | +42,518% |
| Accrued charges and deferred income | 492/3 | - | €740,121 | +€740,121 | |
| Non-recurring operating income | 76A | - | €4,312 | +€4,312 | |
| Remuneration, social security and pensions | 62 | €55,409 | €59,594 | +€4,185 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €950 | €4,031 | +€3,081 | +324% |
| Other operating charges | 640/8 | €838 | €1,202 | +€364 | +43.4% |
| Gross operating margin | 9900 | €45,696 | €54,834 | +€9,137 | +20.0% |
| Operating profit (loss) | 9901 | -€11,500 | -€9,992 | +€1,508 | +13.1% |
| Financial income | 75/76B | €0 | €997 | +€997 | |
| Recurring financial income | 75 | €0 | €997 | +€997 | |
| Financial charges | 65/66B | €54 | €268 | +€214 | +396% |
| Recurring financial charges | 65 | €54 | €268 | +€214 | +396% |
| Profit (loss) for the period before taxes | 9903 | -€11,554 | -€9,263 | +€2,291 | +19.8% |
| Income taxes | 67/77 | - | €219 | +€219 | |
| Profit (loss) for the period | 9904 | -€11,554 | -€9,482 | +€2,072 | +17.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,554 | -€9,482 | +€2,072 | +17.9% |
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 28 October 2026 via checked.be.