DESPEGHEL TRANS: 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.
DESPEGHEL TRANS
Largest movements
- Cash +€22,385
up €22,385 (+7.0%), from €321,266 to €343,651
mainly Receivables within one year (+€21,809) and Depreciation (+€16,975)
- Receivables within one year -€21,809
down €21,809 (-69.6%), from €31,349 to €9,540
of which Trade receivables: -€28,660
- Other debts -€16,970
down €16,970 (-98.4%), from €17,240 to €270
- Profit (loss) carried forward +€14,243
up €14,243 (+10.8%), from €131,945 to €146,189
- Gross operating margin -€150,694
down €150,694 (-98.6%), from €152,873 to €2,179
- Taxes -€31,594
down €31,594, from €19,866 to -€11,728
- Financial income -€28,741
down €28,741 (-51.2%), from €56,084 to €27,342
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.
Cash bridge derived
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 | €743,333 | €738,920 | -€4,413 | -0.6% |
| Fixed assets | 21/28 | €169,407 | €164,417 | -€4,990 | -2.9% |
| Tangible fixed assets | 22/27 | €169,042 | €164,417 | -€4,625 | -2.7% |
| Land and buildings | 22 | €169,042 | €164,417 | -€4,625 | -2.7% |
| Financial fixed assets | 28 | €365 | - | -€365 | |
| Current assets | 29/58 | €573,927 | €574,503 | +€576 | +0.1% |
| Amounts receivable within one year | 40/41 | €31,349 | €9,540 | -€21,809 | -69.6% |
| Trade receivables | 40 | €29,000 | €340 | -€28,660 | -98.8% |
| Other amounts receivable | 41 | €2,349 | €9,200 | +€6,851 | +291.7% |
| Current investments | 50/53 | €221,311 | €221,311 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €321,266 | €343,651 | +€22,385 | +7.0% |
| Total equity and liabilities | 10/49 | €743,333 | €738,920 | -€4,413 | -0.6% |
| Equity | 10/15 | €708,049 | €722,293 | +€14,243 | +2.0% |
| Contributions | 10/11 | €115,000 | €115,000 | = | 0.0% |
| Capital | 10 | €115,000 | €115,000 | = | 0.0% |
| Issued capital | 100 | €115,000 | €115,000 | = | 0.0% |
| Reserves | 13 | €461,104 | €461,104 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,298 | €19,298 | = | 0.0% |
| Legal reserve | 130 | €19,298 | €19,298 | = | 0.0% |
| Tax-exempt reserves | 132 | €427,557 | €427,557 | = | 0.0% |
| Distributable reserves | 133 | €14,249 | €14,249 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,945 | €146,189 | +€14,243 | +10.8% |
| Amounts payable | 17/49 | €35,284 | €16,627 | -€18,657 | -52.9% |
| Amounts payable within one year | 42/48 | €35,284 | €16,627 | -€18,657 | -52.9% |
| Trade debts | 44 | €1,424 | €1,652 | +€227 | +16.0% |
| Suppliers | 440/4 | €1,424 | €1,652 | +€227 | +16.0% |
| Taxes, remuneration and social security | 45 | €16,620 | €14,706 | -€1,914 | -11.5% |
| Taxes | 450/3 | €2,011 | €96 | -€1,914 | -95.2% |
| Remuneration and social security | 454/9 | €14,609 | €14,609 | = | 0.0% |
| Other amounts payable | 47/48 | €17,240 | €270 | -€16,970 | -98.4% |
| Non-recurring operating income | 76A | - | €1,100 | +€1,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,524 | €16,975 | -€549 | -3.1% |
| Other operating charges | 640/8 | €10,624 | €9,180 | -€1,444 | -13.6% |
| Gross operating margin | 9900 | €152,873 | €2,179 | -€150,694 | -98.6% |
| Operating profit (loss) | 9901 | €124,725 | -€23,976 | -€148,701 | |
| Financial income | 75/76B | €56,084 | €27,342 | -€28,741 | -51.2% |
| Recurring financial income | 75 | €56,084 | €27,342 | -€28,741 | -51.2% |
| Financial charges | 65/66B | €903 | €851 | -€52 | -5.8% |
| Recurring financial charges | 65 | €903 | €851 | -€52 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €179,906 | €2,516 | -€177,390 | -98.6% |
| Income taxes | 67/77 | €19,866 | -€11,728 | -€31,594 | |
| Profit (loss) for the period | 9904 | €160,040 | €14,243 | -€145,796 | -91.1% |
| Profit (loss) for the period to be appropriated | 9905 | €160,040 | €14,243 | -€145,796 | -91.1% |
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 9 October 2026 via checked.be.