DESOTEC: 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.
DESOTEC
Largest movements
- Cash +€21,679
up €21,679 (+797.8%), from €2,717 to €24,396
mainly Net result for the year (+€16,249) and Depreciation (+€5,301)
- Tangible fixed assets -€5,301
down €5,301 (-4.2%), from €126,713 to €121,412
- Reserves +€16,000
up €16,000 (+52.7%), from €30,359 to €46,359
- Tax, wage and social debts +€1,600
new in 2024: €1,600
- Gross operating margin +€47,245
up €47,245, from -€22,111 to €25,134
- Taxes +€1,600
new in 2024: €1,600
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €131,093 | €148,083 | +€16,990 | +13.0% |
| Fixed assets | 21/28 | €126,713 | €121,412 | -€5,301 | -4.2% |
| Tangible fixed assets | 22/27 | €126,713 | €121,412 | -€5,301 | -4.2% |
| Land and buildings | 22 | €126,713 | €121,412 | -€5,301 | -4.2% |
| Current assets | 29/58 | €4,380 | €26,671 | +€22,291 | +509.0% |
| Amounts receivable within one year | 40/41 | €261 | €758 | +€497 | +190.3% |
| Trade receivables | 40 | €45 | €34 | -€11 | -24.9% |
| Other amounts receivable | 41 | €216 | €724 | +€508 | +235.4% |
| Cash at bank and in hand | 54/58 | €2,717 | €24,396 | +€21,679 | +797.8% |
| Deferred charges and accrued income | 490/1 | €1,401 | €1,517 | +€115 | +8.2% |
| Total equity and liabilities | 10/49 | €131,093 | €148,083 | +€16,990 | +13.0% |
| Equity | 10/15 | €128,343 | €144,592 | +€16,249 | +12.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €30,359 | €46,359 | +€16,000 | +52.7% |
| Distributable reserves | 133 | €30,359 | €46,359 | +€16,000 | +52.7% |
| Profit (loss) carried forward | 14 | €79,392 | €79,641 | +€249 | +0.3% |
| Amounts payable | 17/49 | €2,750 | €3,491 | +€741 | +27.0% |
| Amounts payable within one year | 42/48 | €2,750 | €3,491 | +€741 | +27.0% |
| Trade debts | 44 | €2,750 | €1,891 | -€859 | -31.2% |
| Suppliers | 440/4 | €2,750 | €1,891 | -€859 | -31.2% |
| Taxes, remuneration and social security | 45 | - | €1,600 | +€1,600 | |
| Taxes | 450/3 | - | €1,600 | +€1,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,301 | €5,301 | = | 0.0% |
| Other operating charges | 640/8 | €1,877 | €1,941 | +€64 | +3.4% |
| Gross operating margin | 9900 | -€22,111 | €25,134 | +€47,245 | |
| Operating profit (loss) | 9901 | -€29,289 | €17,892 | +€47,181 | |
| Financial income | 75/76B | €28 | €0 | -€28 | -98.6% |
| Recurring financial income | 75 | €28 | €0 | -€28 | -98.6% |
| Financial charges | 65/66B | €167 | €44 | -€123 | -73.9% |
| Recurring financial charges | 65 | €167 | €44 | -€123 | -73.9% |
| Profit (loss) for the period before taxes | 9903 | -€29,428 | €17,849 | +€47,277 | |
| Income taxes | 67/77 | - | €1,600 | +€1,600 | |
| Profit (loss) for the period | 9904 | -€29,428 | €16,249 | +€45,677 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,428 | €16,249 | +€45,677 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.