DESMOSIA: 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.
DESMOSIA
Largest movements
- Receivables within one year -€66,947
down €66,947 (-74.0%), from €90,481 to €23,535
- Current investments -€23,391
down €23,391 (-27.4%), from €85,353 to €61,962
- Deferred charges and accrued income -€8,025
down €8,025 (-46.6%), from €17,208 to €9,183
- Cash +€6,324
up €6,324 (+73.3%), from €8,625 to €14,950
mainly Receivables within one year (+€66,947) and Current investments (+€23,391)
- Profit (loss) carried forward -€62,443
down €62,443 (-71.5%), from €87,354 to €24,911
- Trade debts -€16,547
down €16,547 (-59.3%), from €27,924 to €11,377
- Tax, wage and social debts -€15,819
down €15,819 (-59.9%), from €26,415 to €10,595
of which Remuneration and social security: -€18,266
- Accrued charges and deferred income +€3,014
new in 2025: €3,014
- Gross operating margin -€90,224
down €90,224 (-94.3%), from €95,717 to €5,493
- Staff costs -€48,513
down €48,513 (-43.2%), from €112,193 to €63,679
- Financial income +€2,102
up €2,102 (+194.1%), from €1,083 to €3,185
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 | €208,507 | €115,754 | -€92,753 | -44.5% |
| Fixed assets | 21/28 | €6,840 | €6,125 | -€715 | -10.5% |
| Tangible fixed assets | 22/27 | €1,788 | €1,073 | -€715 | -40.0% |
| Furniture and vehicles | 24 | €1,788 | €1,073 | -€715 | -40.0% |
| Financial fixed assets | 28 | €5,052 | €5,052 | = | 0.0% |
| Current assets | 29/58 | €201,668 | €109,630 | -€92,038 | -45.6% |
| Amounts receivable within one year | 40/41 | €90,481 | €23,535 | -€66,947 | -74.0% |
| Trade receivables | 40 | €90,481 | €23,535 | -€66,947 | -74.0% |
| Current investments | 50/53 | €85,353 | €61,962 | -€23,391 | -27.4% |
| Cash at bank and in hand | 54/58 | €8,625 | €14,950 | +€6,324 | +73.3% |
| Deferred charges and accrued income | 490/1 | €17,208 | €9,183 | -€8,025 | -46.6% |
| Total equity and liabilities | 10/49 | €208,507 | €115,754 | -€92,753 | -44.5% |
| Equity | 10/15 | €151,177 | €88,734 | -€62,443 | -41.3% |
| Contributions | 10/11 | €8,246 | €8,246 | = | 0.0% |
| Reserves | 13 | €55,577 | €55,577 | = | 0.0% |
| 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 | €53,717 | €53,717 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,354 | €24,911 | -€62,443 | -71.5% |
| Amounts payable | 17/49 | €57,330 | €27,020 | -€30,310 | -52.9% |
| Amounts payable within one year | 42/48 | €57,330 | €24,007 | -€33,324 | -58.1% |
| Trade debts | 44 | €27,924 | €11,377 | -€16,547 | -59.3% |
| Suppliers | 440/4 | €27,924 | €11,377 | -€16,547 | -59.3% |
| Taxes, remuneration and social security | 45 | €26,415 | €10,595 | -€15,819 | -59.9% |
| Taxes | 450/3 | €2,986 | €5,432 | +€2,446 | +81.9% |
| Remuneration and social security | 454/9 | €23,429 | €5,163 | -€18,266 | -78.0% |
| Other amounts payable | 47/48 | €2,992 | €2,034 | -€958 | -32.0% |
| Accrued charges and deferred income | 492/3 | - | €3,014 | +€3,014 | |
| Remuneration, social security and pensions | 62 | €112,193 | €63,679 | -€48,513 | -43.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €715 | €715 | = | 0.0% |
| Other operating charges | 640/8 | €325 | €925 | +€600 | +184.5% |
| Gross operating margin | 9900 | €95,717 | €5,493 | -€90,224 | -94.3% |
| Operating profit (loss) | 9901 | -€17,515 | -€59,826 | -€42,311 | -241.6% |
| Financial income | 75/76B | €1,083 | €3,185 | +€2,102 | +194.1% |
| Recurring financial income | 75 | €1,083 | €3,185 | +€2,102 | +194.1% |
| Financial charges | 65/66B | €4,882 | €5,452 | +€570 | +11.7% |
| Recurring financial charges | 65 | €4,882 | €5,452 | +€570 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | -€21,314 | -€62,093 | -€40,779 | -191.3% |
| Income taxes | 67/77 | €355 | €350 | -€5 | -1.5% |
| Profit (loss) for the period | 9904 | -€21,670 | -€62,443 | -€40,774 | -188.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,670 | -€62,443 | -€40,774 | -188.2% |
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.