DESIERE N. & J.: what changed
What changed
DESIERE N. & J.
filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €172,881+€903,618
Equity
€2.2m
2024 · €1.1m+€1.1m
Cash
€160,896
2024 · €101,098+€59,797
Balance sheet total
€2.3m
2024 · €1.1m+€1.2m
Largest movements
Assets
- Current investments +€1.2m
up €1.2m (+149%), from €803,449 to €2.0m
- Cash +€59,797
up €59,797 (+59.1%), from €101,098 to €160,896
mainly Net result for the year (+€1.1m) and Tax, wage and social debts (+€99,610)
- Tangible fixed assets -€58,433
down €58,433 (-37.5%), from €155,812 to €97,379
of which Furniture and vehicles: -€38,303
- Receivables within one year -€38,936
down €38,936 (-73.9%), from €52,661 to €13,725
of which Trade receivables: -€33,686
Equity and liabilities
- Reserves +€1.1m
up €1.1m (+102%), from €1.1m to €2.1m
- Tax, wage and social debts +€99,610
up €99,610 (+351%), from €28,402 to €128,012
of which Taxes: +€111,252
Income statement
- Gross operating margin +€1.2m
up €1.2m (+308%), from €397,581 to €1.6m
- Taxes +€419,444
up €419,444 (+502%), from €83,569 to €503,012
- Staff costs -€113,739
down €113,739, from €106,828 to -€6,910
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€172,881
Gross operating margin
+€1.2m
Staff costs
+€113,739
Depreciation
+€6,574
Other operating charges
+€591
Other operating items
-€26,419
Financial income
+€4,436
Financial charges
-€31
Taxes
-€419,444
Result 2025
€1.1m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.2m
Investment
-€1.2m
Financing
€0
Cash 2024
€101,098
From operations (derived)
+€1.2m
Net result for the year
+€1.1m
Depreciation
+€31,094
Receivables within one year
+€38,936
Deferred charges and accrued income
-€12,479
Trade debts
-€5,973
Tax, wage and social debts
+€99,610
Other debts
+€1,323
Investment (derived)
-€1.2m
Investment in fixed assets (net)
+€27,339
Current investments
-€1.2m
Cash 2025
€160,896
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,113,308 | €2,284,767 | +€1.2m | +105% |
| Fixed assets | 21/28 | €155,812 | €97,379 | -€58,433 | -37.5% |
| Tangible fixed assets | 22/27 | €155,812 | €97,379 | -€58,433 | -37.5% |
| Land and buildings | 22 | €2,959 | €0 | -€2,959 | -100% |
| Plant, machinery and equipment | 23 | €17,171 | €0 | -€17,171 | -100% |
| Furniture and vehicles | 24 | €135,682 | €97,379 | -€38,303 | -28.2% |
| Current assets | 29/58 | €957,496 | €2,187,388 | +€1.2m | +128% |
| Amounts receivable within one year | 40/41 | €52,661 | €13,725 | -€38,936 | -73.9% |
| Trade receivables | 40 | €47,411 | €13,725 | -€33,686 | -71.1% |
| Other amounts receivable | 41 | €5,250 | €0 | -€5,250 | -100% |
| Current investments | 50/53 | €803,449 | €2,000,001 | +€1.2m | +149% |
| Cash at bank and in hand | 54/58 | €101,098 | €160,896 | +€59,797 | +59.1% |
| Deferred charges and accrued income | 490/1 | €287 | €12,766 | +€12,479 | +4,344% |
| Total equity and liabilities | 10/49 | €1,113,308 | €2,284,767 | +€1.2m | +105% |
| Equity | 10/15 | €1,075,186 | €2,151,685 | +€1.1m | +100% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,055,186 | €2,131,685 | +€1.1m | +102% |
| Distributable reserves | 133 | €1,055,186 | €2,131,685 | +€1.1m | +102% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €38,122 | €133,082 | +€94,960 | +249% |
| Amounts payable within one year | 42/48 | €38,122 | €133,082 | +€94,960 | +249% |
| Trade debts | 44 | €7,421 | €1,448 | -€5,973 | -80.5% |
| Suppliers | 440/4 | €7,421 | €1,448 | -€5,973 | -80.5% |
| Taxes, remuneration and social security | 45 | €28,402 | €128,012 | +€99,610 | +351% |
| Taxes | 450/3 | €16,760 | €128,012 | +€111,252 | +664% |
| Remuneration and social security | 454/9 | €11,642 | €0 | -€11,642 | -100% |
| Other amounts payable | 47/48 | €2,299 | €3,622 | +€1,323 | +57.6% |
| Non-recurring operating income | 76A | - | €1,536,621 | +€1.5m | |
| Remuneration, social security and pensions | 62 | €106,828 | -€6,910 | -€113,739 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,668 | €31,094 | -€6,574 | -17.5% |
| Other operating charges | 640/8 | €4,851 | €4,260 | -€591 | -12.2% |
| Non-recurring operating charges | 66A | - | €26,419 | +€26,419 | |
| Gross operating margin | 9900 | €397,581 | €1,621,751 | +€1.2m | +308% |
| Operating profit (loss) | 9901 | €248,232 | €1,566,889 | +€1.3m | +531% |
| Financial income | 75/76B | €8,343 | €12,778 | +€4,436 | +53.2% |
| Recurring financial income | 75 | €8,343 | €12,778 | +€4,436 | +53.2% |
| Financial charges | 65/66B | €125 | €156 | +€31 | +24.4% |
| Recurring financial charges | 65 | €125 | €156 | +€31 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | €256,450 | €1,579,511 | +€1.3m | +516% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €83,569 | €503,012 | +€419,444 | +502% |
| Profit (loss) for the period | 9904 | €172,881 | €1,076,499 | +€903,618 | +523% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €172,881 | €1,076,499 | +€903,618 | +523% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.