Despadrones: 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.
Despadrones
Largest movements
- Cash +€7,913
up €7,913 (+13.5%), from €58,440 to €66,353
mainly Net result for the year (+€4,268) and Depreciation (+€2,483)
- Tangible fixed assets -€2,483
down €2,483 (-46.8%), from €5,310 to €2,826
- Receivables within one year +€1,579
up €1,579 (+504%), from €314 to €1,892
of which Trade receivables: +€1,844
- Reserves +€4,268
up €4,268 (+17.3%), from €24,734 to €29,001
- Other debts +€1,441
up €1,441 (+6.1%), from €23,559 to €25,000
- Tax, wage and social debts +€1,351
up €1,351 (+140%), from €963 to €2,314
- Gross operating margin +€1,912
up €1,912 (+24.2%), from €7,896 to €9,807
- Taxes +€620
up €620 (+40.3%), from €1,537 to €2,157
- Financial charges +€139
new in 2025: €139
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 | €64,338 | €71,362 | +€7,024 | +10.9% |
| Fixed assets | 21/28 | €5,310 | €2,826 | -€2,483 | -46.8% |
| Tangible fixed assets | 22/27 | €5,310 | €2,826 | -€2,483 | -46.8% |
| Furniture and vehicles | 24 | €5,310 | €2,826 | -€2,483 | -46.8% |
| Current assets | 29/58 | €59,028 | €68,536 | +€9,507 | +16.1% |
| Amounts receivable within one year | 40/41 | €314 | €1,892 | +€1,579 | +504% |
| Trade receivables | 40 | €43 | €1,888 | +€1,844 | +4,272% |
| Other amounts receivable | 41 | €270 | €5 | -€266 | -98.3% |
| Cash at bank and in hand | 54/58 | €58,440 | €66,353 | +€7,913 | +13.5% |
| Deferred charges and accrued income | 490/1 | €275 | €291 | +€16 | +5.8% |
| Total equity and liabilities | 10/49 | €64,338 | €71,362 | +€7,024 | +10.9% |
| Equity | 10/15 | €39,734 | €44,001 | +€4,268 | +10.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €24,734 | €29,001 | +€4,268 | +17.3% |
| Distributable reserves | 133 | €24,734 | €29,001 | +€4,268 | +17.3% |
| Amounts payable | 17/49 | €24,604 | €27,360 | +€2,756 | +11.2% |
| Amounts payable within one year | 42/48 | €24,604 | €27,360 | +€2,756 | +11.2% |
| Trade debts | 44 | €82 | €47 | -€36 | -43.5% |
| Suppliers | 440/4 | €82 | €47 | -€36 | -43.5% |
| Taxes, remuneration and social security | 45 | €963 | €2,314 | +€1,351 | +140% |
| Taxes | 450/3 | €963 | €2,314 | +€1,351 | +140% |
| Other amounts payable | 47/48 | €23,559 | €25,000 | +€1,441 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,541 | €2,483 | -€58 | -2.3% |
| Other operating charges | 640/8 | €742 | €760 | +€18 | +2.4% |
| Gross operating margin | 9900 | €7,896 | €9,807 | +€1,912 | +24.2% |
| Operating profit (loss) | 9901 | €4,613 | €6,564 | +€1,952 | +42.3% |
| Financial charges | 65/66B | - | €139 | +€139 | |
| Recurring financial charges | 65 | - | €139 | +€139 | |
| Profit (loss) for the period before taxes | 9903 | €4,613 | €6,425 | +€1,812 | +39.3% |
| Income taxes | 67/77 | €1,537 | €2,157 | +€620 | +40.3% |
| Profit (loss) for the period | 9904 | €3,075 | €4,268 | +€1,192 | +38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,075 | €4,268 | +€1,192 | +38.8% |
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 18 October 2026 via checked.be.