Despec Supplies: 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.
Despec Supplies
Largest movements
- Receivables within one year +€70,645
up €70,645 (+167%), from €42,387 to €113,032
of which Trade receivables: +€74,127
- Cash -€30,213
down €30,213 (-17.8%), from €170,133 to €139,920
mainly Receivables within one year (-€70,645) and Current portion of long-term debt (-€14,033)
- Tangible fixed assets -€26,460
down €26,460 (-82.7%), from €32,013 to €5,552
of which Leasing and similar rights: -€29,467
- Tax, wage and social debts +€14,759
up €14,759 (+24.5%), from €60,332 to €75,091
of which Remuneration and social security: +€17,378
- Current portion of long-term debt -€14,033
no longer reported in 2025 (was €14,033)
- Profit (loss) carried forward +€11,469
up €11,469 (+13.5%), from €85,160 to €96,629
- Gross operating margin +€55,418
up €55,418 (+7.6%), from €733,586 to €789,003
- Staff costs +€50,353
up €50,353 (+7.7%), from €651,214 to €701,567
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 | €250,802 | €264,286 | +€13,484 | +5.4% |
| Fixed assets | 21/28 | €32,138 | €5,677 | -€26,460 | -82.3% |
| Tangible fixed assets | 22/27 | €32,013 | €5,552 | -€26,460 | -82.7% |
| Plant, machinery and equipment | 23 | €0 | €4,406 | +€4,406 | |
| Furniture and vehicles | 24 | €2,546 | €1,147 | -€1,400 | -55.0% |
| Leasing and similar rights | 25 | €29,467 | - | -€29,467 | |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €218,664 | €258,609 | +€39,945 | +18.3% |
| Amounts receivable within one year | 40/41 | €42,387 | €113,032 | +€70,645 | +167% |
| Trade receivables | 40 | €33,873 | €108,000 | +€74,127 | +219% |
| Other amounts receivable | 41 | €8,514 | €5,032 | -€3,482 | -40.9% |
| Cash at bank and in hand | 54/58 | €170,133 | €139,920 | -€30,213 | -17.8% |
| Deferred charges and accrued income | 490/1 | €6,144 | €5,657 | -€488 | -7.9% |
| Total equity and liabilities | 10/49 | €250,802 | €264,286 | +€13,484 | +5.4% |
| Equity | 10/15 | €147,902 | €159,371 | +€11,469 | +7.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €44,150 | €44,150 | = | 0.0% |
| Distributable reserves | 133 | €44,150 | €44,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,160 | €96,629 | +€11,469 | +13.5% |
| Amounts payable | 17/49 | €102,900 | €104,915 | +€2,015 | +2.0% |
| Amounts payable within one year | 42/48 | €102,900 | €104,915 | +€2,015 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €14,033 | - | -€14,033 | |
| Trade debts | 44 | €28,113 | €29,403 | +€1,290 | +4.6% |
| Suppliers | 440/4 | €28,113 | €29,403 | +€1,290 | +4.6% |
| Taxes, remuneration and social security | 45 | €60,332 | €75,091 | +€14,759 | +24.5% |
| Taxes | 450/3 | €9,561 | €6,941 | -€2,619 | -27.4% |
| Remuneration and social security | 454/9 | €50,772 | €68,150 | +€17,378 | +34.2% |
| Other amounts payable | 47/48 | €421 | €421 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €651,214 | €701,567 | +€50,353 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,595 | €23,586 | -€10 | 0.0% |
| Other operating charges | 640/8 | €141 | €894 | +€754 | +536% |
| Non-recurring operating charges | 66A | - | €7,367 | +€7,367 | |
| Gross operating margin | 9900 | €733,586 | €789,003 | +€55,418 | +7.6% |
| Operating profit (loss) | 9901 | €58,636 | €55,590 | -€3,046 | -5.2% |
| Financial income | 75/76B | €41 | €37 | -€4 | -9.5% |
| Recurring financial income | 75 | €41 | €37 | -€4 | -9.5% |
| Financial charges | 65/66B | €24,046 | €27,978 | +€3,932 | +16.4% |
| Recurring financial charges | 65 | €24,046 | €27,978 | +€3,932 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €34,630 | €27,649 | -€6,982 | -20.2% |
| Income taxes | 67/77 | €18,094 | €16,180 | -€1,914 | -10.6% |
| Profit (loss) for the period | 9904 | €16,537 | €11,469 | -€5,068 | -30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,537 | €11,469 | -€5,068 | -30.6% |
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 20 October 2026 via checked.be.