Desino: what changed
Two fiscal 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.
Desino
Largest movements
- Receivables within one year +€75,429
up €75,429 (+177.1%), from €42,588 to €118,017
of which Trade receivables: +€75,506
- Deferred charges and accrued income -€44,857
down €44,857 (-92.1%), from €48,709 to €3,852
- Cash +€44,365
up €44,365 (+25.3%), from €175,322 to €219,687
mainly Net result for the year (+€115,401) and Deferred charges and accrued income (+€44,857)
- Tangible fixed assets +€12,184
up €12,184 (+44.0%), from €27,703 to €39,887
of which Furniture and vehicles: +€12,369
- Profit (loss) carried forward +€115,401
up €115,401 (+62.4%), from €184,937 to €300,337
- Other debts -€37,020
down €37,020 (-74.7%), from €49,584 to €12,564
- Trade debts +€18,014
up €18,014 (+967.7%), from €1,861 to €19,875
- Accrued charges and deferred income -€14,713
down €14,713 (-95.9%), from €15,343 to €630
- Tax, wage and social debts +€5,439
up €5,439 (+20.3%), from €26,734 to €32,172
of which Remuneration and social security: +€3,397
- Gross operating margin +€63,628
up €63,628 (+55.1%), from €115,450 to €179,079
- Taxes +€14,922
up €14,922 (+59.4%), from €25,129 to €40,051
- Staff costs +€7,440
new in 2025: €7,440
- Financial charges -€3,505
down €3,505 (-64.0%), from €5,474 to €1,969
- Depreciation +€1,805
up €1,805 (+14.5%), from €12,413 to €14,218
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 | €294,323 | €381,443 | +€87,120 | +29.6% |
| Fixed assets | 21/28 | €27,703 | €39,887 | +€12,184 | +44.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €27,703 | €39,887 | +€12,184 | +44.0% |
| Furniture and vehicles | 24 | €26,026 | €38,396 | +€12,369 | +47.5% |
| Other tangible fixed assets | 26 | €1,677 | €1,491 | -€186 | -11.1% |
| Current assets | 29/58 | €266,619 | €341,556 | +€74,936 | +28.1% |
| Amounts receivable within one year | 40/41 | €42,588 | €118,017 | +€75,429 | +177.1% |
| Trade receivables | 40 | €37,617 | €113,123 | +€75,506 | +200.7% |
| Other amounts receivable | 41 | €4,971 | €4,893 | -€78 | -1.6% |
| Cash at bank and in hand | 54/58 | €175,322 | €219,687 | +€44,365 | +25.3% |
| Deferred charges and accrued income | 490/1 | €48,709 | €3,852 | -€44,857 | -92.1% |
| Total equity and liabilities | 10/49 | €294,323 | €381,443 | +€87,120 | +29.6% |
| Equity | 10/15 | €200,801 | €316,201 | +€115,401 | +57.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €13,864 | €13,864 | = | 0.0% |
| Tax-exempt reserves | 132 | €110 | €110 | = | 0.0% |
| Distributable reserves | 133 | €13,754 | €13,754 | = | 0.0% |
| Profit (loss) carried forward | 14 | €184,937 | €300,337 | +€115,401 | +62.4% |
| Amounts payable | 17/49 | €93,522 | €65,241 | -€28,281 | -30.2% |
| Amounts payable within one year | 42/48 | €78,179 | €64,611 | -€13,567 | -17.4% |
| Trade debts | 44 | €1,861 | €19,875 | +€18,014 | +967.7% |
| Suppliers | 440/4 | €1,861 | €19,875 | +€18,014 | +967.7% |
| Taxes, remuneration and social security | 45 | €26,734 | €32,172 | +€5,439 | +20.3% |
| Taxes | 450/3 | €26,734 | €28,775 | +€2,042 | +7.6% |
| Remuneration and social security | 454/9 | - | €3,397 | +€3,397 | |
| Other amounts payable | 47/48 | €49,584 | €12,564 | -€37,020 | -74.7% |
| Accrued charges and deferred income | 492/3 | €15,343 | €630 | -€14,713 | -95.9% |
| Remuneration, social security and pensions | 62 | - | €7,440 | +€7,440 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,413 | €14,218 | +€1,805 | +14.5% |
| Other operating charges | 640/8 | €63 | - | -€63 | |
| Gross operating margin | 9900 | €115,450 | €179,079 | +€63,628 | +55.1% |
| Operating profit (loss) | 9901 | €102,975 | €157,421 | +€54,446 | +52.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +50.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +50.0% |
| Financial charges | 65/66B | €5,474 | €1,969 | -€3,505 | -64.0% |
| Recurring financial charges | 65 | €5,474 | €1,969 | -€3,505 | -64.0% |
| Profit (loss) for the period before taxes | 9903 | €97,500 | €155,451 | +€57,951 | +59.4% |
| Income taxes | 67/77 | €25,129 | €40,051 | +€14,922 | +59.4% |
| Profit (loss) for the period | 9904 | €72,371 | €115,401 | +€43,029 | +59.5% |
| Profit (loss) for the period to be appropriated | 9905 | €72,371 | €115,401 | +€43,029 | +59.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.