DESK PARTNERS: 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.
DESK PARTNERS
Largest movements
- Stocks and contracts -€24,699
down €24,699 (-9.6%), from €256,050 to €231,350
- Cash +€6,518
up €6,518 (+7.2%), from €90,048 to €96,565
mainly Other debts (+€54,299) and Net result for the year (+€30,369)
- Tangible fixed assets -€5,901
down €5,901 (-26.2%), from €22,495 to €16,594
- Reserves -€58,513
down €58,513 (-15.9%), from €367,257 to €308,744
of which Distributable reserves: -€58,513
- Other debts +€54,299
up €54,299 (+153%), from €35,465 to €89,764
- Trade debts -€23,688
down €23,688 (-83.3%), from €28,433 to €4,746
- Gross operating margin -€23,092
down €23,092 (-29.0%), from €79,711 to €56,619
- Other operating charges +€8,019
up €8,019 (+603%), from €1,329 to €9,348
- Depreciation -€5,383
down €5,383 (-47.7%), from €11,284 to €5,901
- Taxes -€5,339
down €5,339 (-27.1%), from €19,667 to €14,328
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 | €482,408 | €457,009 | -€25,399 | -5.3% |
| Fixed assets | 21/28 | €27,374 | €21,473 | -€5,901 | -21.6% |
| Tangible fixed assets | 22/27 | €22,495 | €16,594 | -€5,901 | -26.2% |
| Furniture and vehicles | 24 | €22,495 | €16,594 | -€5,901 | -26.2% |
| Financial fixed assets | 28 | €4,879 | €4,879 | = | 0.0% |
| Current assets | 29/58 | €455,033 | €435,536 | -€19,498 | -4.3% |
| Stocks and contracts in progress | 3 | €256,050 | €231,350 | -€24,699 | -9.6% |
| Stocks | 30/36 | €256,050 | €231,350 | -€24,699 | -9.6% |
| Amounts receivable within one year | 40/41 | €96,008 | €94,692 | -€1,316 | -1.4% |
| Trade receivables | 40 | €93,675 | €89,020 | -€4,655 | -5.0% |
| Other amounts receivable | 41 | €2,333 | €5,672 | +€3,339 | +143% |
| Cash at bank and in hand | 54/58 | €90,048 | €96,565 | +€6,518 | +7.2% |
| Deferred charges and accrued income | 490/1 | €12,928 | €12,928 | = | 0.0% |
| Total equity and liabilities | 10/49 | €482,408 | €457,009 | -€25,399 | -5.3% |
| Equity | 10/15 | €407,732 | €349,220 | -€58,513 | -14.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €367,257 | €308,744 | -€58,513 | -15.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €365,397 | €306,884 | -€58,513 | -16.0% |
| Profit (loss) carried forward | 14 | €21,875 | €21,875 | = | 0.0% |
| Amounts payable | 17/49 | €74,675 | €107,789 | +€33,114 | +44.3% |
| Amounts payable within one year | 42/48 | €74,675 | €107,789 | +€33,114 | +44.3% |
| Trade debts | 44 | €28,433 | €4,746 | -€23,688 | -83.3% |
| Suppliers | 440/4 | €28,433 | €4,746 | -€23,688 | -83.3% |
| Taxes, remuneration and social security | 45 | €10,777 | €13,279 | +€2,502 | +23.2% |
| Taxes | 450/3 | €10,777 | €13,279 | +€2,502 | +23.2% |
| Other amounts payable | 47/48 | €35,465 | €89,764 | +€54,299 | +153% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,284 | €5,901 | -€5,383 | -47.7% |
| Other operating charges | 640/8 | €1,329 | €9,348 | +€8,019 | +603% |
| Gross operating margin | 9900 | €79,711 | €56,619 | -€23,092 | -29.0% |
| Operating profit (loss) | 9901 | €67,098 | €41,370 | -€25,728 | -38.3% |
| Financial income | 75/76B | €4,941 | €4,811 | -€130 | -2.6% |
| Recurring financial income | 75 | €4,941 | €4,811 | -€130 | -2.6% |
| Financial charges | 65/66B | €1,443 | €1,484 | +€41 | +2.8% |
| Recurring financial charges | 65 | €1,443 | €1,484 | +€41 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €70,596 | €44,697 | -€25,899 | -36.7% |
| Income taxes | 67/77 | €19,667 | €14,328 | -€5,339 | -27.1% |
| Profit (loss) for the period | 9904 | €50,929 | €30,369 | -€20,560 | -40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €50,929 | €30,369 | -€20,560 | -40.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.