Despat: 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.
Despat
Largest movements
- Cash +€33,189
up €33,189 (+537%), from €6,175 to €39,364
mainly Net result for the year (+€29,308) and Depreciation (+€24,604)
- Tangible fixed assets -€17,240
down €17,240 (-6.9%), from €248,321 to €231,081
of which Land and buildings: -€8,927
- Receivables within one year +€2,883
up €2,883 (+23.5%), from €12,293 to €15,176
of which Trade receivables: +€2,702
- Reserves +€28,449
up €28,449 (+58.2%), from €48,844 to €77,293
- Other debts -€17,809
down €17,809 (-8.9%), from €201,123 to €183,314
- Tax, wage and social debts +€4,399
up €4,399 (+68.0%), from €6,466 to €10,865
- Gross operating margin +€22,307
up €22,307 (+45.0%), from €49,592 to €71,899
- Taxes +€8,039
up €8,039 (+246%), from €3,265 to €11,304
- Financial charges +€1,988
up €1,988 (+77.6%), from €2,563 to €4,551
- Other operating charges +€1,261
up €1,261 (+145%), from €872 to €2,133
- Depreciation +€1,089
up €1,089 (+4.6%), from €23,515 to €24,604
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 | €267,172 | €285,785 | +€18,612 | +7.0% |
| Fixed assets | 21/28 | €248,321 | €231,081 | -€17,240 | -6.9% |
| Tangible fixed assets | 22/27 | €248,321 | €231,081 | -€17,240 | -6.9% |
| Land and buildings | 22 | €212,146 | €203,219 | -€8,927 | -4.2% |
| Plant, machinery and equipment | 23 | €14,075 | €9,305 | -€4,770 | -33.9% |
| Furniture and vehicles | 24 | €22,101 | €16,251 | -€5,850 | -26.5% |
| Leasing and similar rights | 25 | - | €2,307 | +€2,307 | |
| Current assets | 29/58 | €18,851 | €54,704 | +€35,853 | +190% |
| Stocks and contracts in progress | 3 | €201 | - | -€201 | |
| Stocks | 30/36 | €201 | - | -€201 | |
| Amounts receivable within one year | 40/41 | €12,293 | €15,176 | +€2,883 | +23.5% |
| Trade receivables | 40 | €12,229 | €14,931 | +€2,702 | +22.1% |
| Other amounts receivable | 41 | €64 | €245 | +€181 | +285% |
| Cash at bank and in hand | 54/58 | €6,175 | €39,364 | +€33,189 | +537% |
| Deferred charges and accrued income | 490/1 | €183 | €164 | -€19 | -10.3% |
| Total equity and liabilities | 10/49 | €267,172 | €285,785 | +€18,612 | +7.0% |
| Equity | 10/15 | €53,844 | €82,293 | +€28,449 | +52.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €48,844 | €77,293 | +€28,449 | +58.2% |
| Distributable reserves | 133 | €48,844 | €77,293 | +€28,449 | +58.2% |
| Amounts payable | 17/49 | €213,329 | €203,492 | -€9,837 | -4.6% |
| Amounts payable after more than one year | 17 | - | €1,905 | +€1,905 | |
| Financial debts | 170/4 | - | €1,905 | +€1,905 | |
| Amounts payable within one year | 42/48 | €210,968 | €197,522 | -€13,446 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | - | €415 | +€415 | |
| Trade debts | 44 | €3,379 | €2,928 | -€451 | -13.3% |
| Suppliers | 440/4 | €3,379 | €2,928 | -€451 | -13.3% |
| Taxes, remuneration and social security | 45 | €6,466 | €10,865 | +€4,399 | +68.0% |
| Taxes | 450/3 | €6,466 | €10,865 | +€4,399 | +68.0% |
| Other amounts payable | 47/48 | €201,123 | €183,314 | -€17,809 | -8.9% |
| Accrued charges and deferred income | 492/3 | €2,361 | €4,065 | +€1,704 | +72.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,515 | €24,604 | +€1,089 | +4.6% |
| Other operating charges | 640/8 | €872 | €2,133 | +€1,261 | +145% |
| Gross operating margin | 9900 | €49,592 | €71,899 | +€22,307 | +45.0% |
| Operating profit (loss) | 9901 | €25,205 | €45,162 | +€19,957 | +79.2% |
| Financial income | 75/76B | €54 | €1 | -€53 | -98.9% |
| Recurring financial income | 75 | €54 | €1 | -€53 | -98.9% |
| Financial charges | 65/66B | €2,563 | €4,551 | +€1,988 | +77.6% |
| Recurring financial charges | 65 | €2,563 | €4,551 | +€1,988 | +77.6% |
| Profit (loss) for the period before taxes | 9903 | €22,696 | €40,612 | +€17,916 | +78.9% |
| Income taxes | 67/77 | €3,265 | €11,304 | +€8,039 | +246% |
| Profit (loss) for the period | 9904 | €19,431 | €29,308 | +€9,877 | +50.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,431 | €29,308 | +€9,877 | +50.8% |
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 17 October 2026 via checked.be.