DESOT MARIJN: 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.
DESOT MARIJN
Largest movements
- Tangible fixed assets +€276,248
up €276,248 (+27.0%), from €1.0m to €1.3m
of which Furniture and vehicles: +€336,012
- Cash +€191,797
up €191,797 (+187%), from €102,421 to €294,218
mainly Debts after one year (+€163,013) and Depreciation (+€157,142)
- Receivables within one year -€145,053
down €145,053 (-49.1%), from €295,327 to €150,274
of which Trade receivables: -€185,135
- Debts after one year +€163,013
up €163,013 (+16.5%), from €989,844 to €1.2m
of which Financial debts: +€169,305
- Reserves +€118,517
up €118,517 (+64.4%), from €183,909 to €302,425
- Tax, wage and social debts -€57,625
down €57,625 (-65.0%), from €88,716 to €31,091
of which Taxes: -€45,525
- Trade debts +€54,097
up €54,097 (+194%), from €27,838 to €81,935
- Current portion of long-term debt +€48,110
up €48,110 (+57.7%), from €83,331 to €131,442
- Gross operating margin -€104,622
down €104,622 (-24.0%), from €435,124 to €330,502
- Taxes -€32,608
down €32,608 (-59.9%), from €54,428 to €21,820
- Depreciation -€10,570
down €10,570 (-6.3%), from €167,712 to €157,142
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 | €1,423,639 | €1,749,750 | +€326,111 | +22.9% |
| Fixed assets | 21/28 | €1,024,671 | €1,301,068 | +€276,397 | +27.0% |
| Intangible fixed assets | 21 | €1 | €1 | -€0 | -13.5% |
| Tangible fixed assets | 22/27 | €1,024,645 | €1,300,893 | +€276,248 | +27.0% |
| Land and buildings | 22 | €650,836 | €637,572 | -€13,264 | -2.0% |
| Plant, machinery and equipment | 23 | €219,518 | €173,019 | -€46,500 | -21.2% |
| Furniture and vehicles | 24 | €154,290 | €490,302 | +€336,012 | +218% |
| Financial fixed assets | 28 | €25 | €174 | +€149 | +587% |
| Current assets | 29/58 | €398,968 | €448,682 | +€49,715 | +12.5% |
| Amounts receivable within one year | 40/41 | €295,327 | €150,274 | -€145,053 | -49.1% |
| Trade receivables | 40 | €295,327 | €110,192 | -€185,135 | -62.7% |
| Other amounts receivable | 41 | - | €40,082 | +€40,082 | |
| Cash at bank and in hand | 54/58 | €102,421 | €294,218 | +€191,797 | +187% |
| Deferred charges and accrued income | 490/1 | €1,219 | €4,190 | +€2,971 | +244% |
| Total equity and liabilities | 10/49 | €1,423,639 | €1,749,750 | +€326,111 | +22.9% |
| Equity | 10/15 | €233,909 | €352,425 | +€118,517 | +50.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €183,909 | €302,425 | +€118,517 | +64.4% |
| Distributable reserves | 133 | €183,909 | €302,425 | +€118,517 | +64.4% |
| Amounts payable | 17/49 | €1,189,730 | €1,397,325 | +€207,595 | +17.4% |
| Amounts payable after more than one year | 17 | €989,844 | €1,152,857 | +€163,013 | +16.5% |
| Financial debts | 170/4 | €747,428 | €916,733 | +€169,305 | +22.7% |
| Other amounts payable | 178/9 | €242,416 | €236,123 | -€6,293 | -2.6% |
| Amounts payable within one year | 42/48 | €199,886 | €244,468 | +€44,582 | +22.3% |
| Current portion of amounts payable after more than one year | 42 | €83,331 | €131,442 | +€48,110 | +57.7% |
| Trade debts | 44 | €27,838 | €81,935 | +€54,097 | +194% |
| Suppliers | 440/4 | €27,838 | €81,935 | +€54,097 | +194% |
| Taxes, remuneration and social security | 45 | €88,716 | €31,091 | -€57,625 | -65.0% |
| Taxes | 450/3 | €69,116 | €23,591 | -€45,525 | -65.9% |
| Remuneration and social security | 454/9 | €19,600 | €7,500 | -€12,100 | -61.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167,712 | €157,142 | -€10,570 | -6.3% |
| Other operating charges | 640/8 | €1,960 | €3,041 | +€1,081 | +55.1% |
| Gross operating margin | 9900 | €435,124 | €330,502 | -€104,622 | -24.0% |
| Operating profit (loss) | 9901 | €265,452 | €170,319 | -€95,133 | -35.8% |
| Financial income | 75/76B | - | €58 | +€58 | |
| Recurring financial income | 75 | - | €58 | +€58 | |
| Financial charges | 65/66B | €27,115 | €30,041 | +€2,925 | +10.8% |
| Recurring financial charges | 65 | €27,115 | €30,041 | +€2,925 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €238,336 | €140,336 | -€98,000 | -41.1% |
| Income taxes | 67/77 | €54,428 | €21,820 | -€32,608 | -59.9% |
| Profit (loss) for the period | 9904 | €183,909 | €118,517 | -€65,392 | -35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €183,909 | €118,517 | -€65,392 | -35.6% |
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 25 October 2026 via checked.be.