DESIERTO: 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.
DESIERTO
Largest movements
- Cash +€22,488
up €22,488 (+106.1%), from €21,190 to €43,678
mainly Net result for the year (+€14,117) and Current investments (+€10,000)
- Current investments -€10,000
no longer reported in 2025 (was €10,000)
- Receivables within one year +€9,907
up €9,907 (+135.0%), from €7,336 to €17,244
of which Trade receivables: +€6,497
- Tangible fixed assets -€2,850
down €2,850 (-27.8%), from €10,258 to €7,408
- Reserves +€14,117
up €14,117 (+50.2%), from €28,132 to €42,248
- Trade debts +€8,771
up €8,771 (+1425.0%), from €616 to €9,387
- Tax, wage and social debts -€3,051
down €3,051 (-88.0%), from €3,467 to €416
- Short-term financial debts +€881
up €881 (+34.9%), from €2,521 to €3,402
- Gross operating margin -€11,168
down €11,168 (-32.5%), from €34,414 to €23,246
- Taxes -€3,676
down €3,676 (-44.5%), from €8,265 to €4,589
- Depreciation -€3,038
down €3,038 (-51.2%), from €5,938 to €2,900
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.
Cash bridge derived
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 | €51,182 | €71,255 | +€20,074 | +39.2% |
| Fixed assets | 21/28 | €10,700 | €7,800 | -€2,900 | -27.1% |
| Intangible fixed assets | 21 | €442 | €392 | -€50 | -11.3% |
| Tangible fixed assets | 22/27 | €10,258 | €7,408 | -€2,850 | -27.8% |
| Furniture and vehicles | 24 | €10,258 | €7,408 | -€2,850 | -27.8% |
| Current assets | 29/58 | €40,482 | €63,456 | +€22,974 | +56.8% |
| Amounts receivable within one year | 40/41 | €7,336 | €17,244 | +€9,907 | +135.0% |
| Trade receivables | 40 | €7,336 | €13,833 | +€6,497 | +88.6% |
| Other amounts receivable | 41 | - | €3,411 | +€3,411 | |
| Current investments | 50/53 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €21,190 | €43,678 | +€22,488 | +106.1% |
| Deferred charges and accrued income | 490/1 | €1,955 | €2,533 | +€578 | +29.6% |
| Total equity and liabilities | 10/49 | €51,182 | €71,255 | +€20,074 | +39.2% |
| Equity | 10/15 | €29,632 | €43,748 | +€14,117 | +47.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €28,132 | €42,248 | +€14,117 | +50.2% |
| Distributable reserves | 133 | €28,132 | €42,248 | +€14,117 | +50.2% |
| Amounts payable | 17/49 | €21,550 | €27,507 | +€5,957 | +27.6% |
| Amounts payable after more than one year | 17 | €14,112 | €13,615 | -€497 | -3.5% |
| Other amounts payable | 178/9 | €14,112 | €13,615 | -€497 | -3.5% |
| Amounts payable within one year | 42/48 | €6,604 | €13,205 | +€6,601 | +100.0% |
| Financial debts | 43 | €2,521 | €3,402 | +€881 | +34.9% |
| Credit institutions | 430/8 | €2,521 | €3,402 | +€881 | +34.9% |
| Trade debts | 44 | €616 | €9,387 | +€8,771 | +1425.0% |
| Suppliers | 440/4 | €616 | €9,387 | +€8,771 | +1425.0% |
| Taxes, remuneration and social security | 45 | €3,467 | €416 | -€3,051 | -88.0% |
| Taxes | 450/3 | €3,467 | €416 | -€3,051 | -88.0% |
| Accrued charges and deferred income | 492/3 | €834 | €687 | -€147 | -17.6% |
| Non-recurring operating income | 76A | - | €98 | +€98 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,938 | €2,900 | -€3,038 | -51.2% |
| Other operating charges | 640/8 | €467 | €329 | -€139 | -29.7% |
| Gross operating margin | 9900 | €34,414 | €23,246 | -€11,168 | -32.5% |
| Operating profit (loss) | 9901 | €28,009 | €20,017 | -€7,992 | -28.5% |
| Financial income | 75/76B | €0 | €83 | +€83 | +827300.0% |
| Recurring financial income | 75 | €0 | €83 | +€83 | +827300.0% |
| Financial charges | 65/66B | €1,410 | €1,394 | -€16 | -1.1% |
| Recurring financial charges | 65 | €1,410 | €1,394 | -€16 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €26,599 | €18,706 | -€7,893 | -29.7% |
| Income taxes | 67/77 | €8,265 | €4,589 | -€3,676 | -44.5% |
| Profit (loss) for the period | 9904 | €18,334 | €14,117 | -€4,217 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,334 | €14,117 | -€4,217 | -23.0% |
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 9 October 2026 via checked.be.