DESPERADO: 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.
DESPERADO
Largest movements
- Receivables within one year +€54,333
up €54,333 (+77.2%), from €70,404 to €124,737
- Cash -€32,632
down €32,632 (-77.7%), from €41,986 to €9,354
mainly Receivables within one year (-€54,333)
- Stocks and contracts -€17,694
down €17,694 (-59.7%), from €29,649 to €11,955
- Reserves +€3,982
up €3,982 (+3.1%), from €128,418 to €132,400
- Gross operating margin +€3,730
up €3,730, from -€1,939 to €1,791
- Financial income +€1,545
up €1,545 (+103.0%), from €1,500 to €3,045
- Other operating charges +€558
new in 2025: €558
- Financial charges +€40
up €40 (+15.8%), from €255 to €296
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 | €142,039 | €146,047 | +€4,007 | +2.8% |
| Current assets | 29/58 | €142,039 | €146,047 | +€4,007 | +2.8% |
| Stocks and contracts in progress | 3 | €29,649 | €11,955 | -€17,694 | -59.7% |
| Stocks | 30/36 | €29,649 | €11,955 | -€17,694 | -59.7% |
| Amounts receivable within one year | 40/41 | €70,404 | €124,737 | +€54,333 | +77.2% |
| Other amounts receivable | 41 | €70,404 | €124,737 | +€54,333 | +77.2% |
| Cash at bank and in hand | 54/58 | €41,986 | €9,354 | -€32,632 | -77.7% |
| Total equity and liabilities | 10/49 | €142,039 | €146,047 | +€4,007 | +2.8% |
| Equity | 10/15 | €140,818 | €144,800 | +€3,982 | +2.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | - | -€12,400 | |
| Share premium | 1100/10 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €128,418 | €132,400 | +€3,982 | +3.1% |
| Distributable reserves | 133 | €128,418 | €132,400 | +€3,982 | +3.1% |
| Amounts payable | 17/49 | €1,221 | €1,246 | +€26 | +2.1% |
| Amounts payable within one year | 42/48 | €1,221 | €1,246 | +€26 | +2.1% |
| Trade debts | 44 | - | €26 | +€26 | |
| Suppliers | 440/4 | - | €26 | +€26 | |
| Other amounts payable | 47/48 | €1,221 | €1,221 | = | 0.0% |
| Other operating charges | 640/8 | - | €558 | +€558 | |
| Gross operating margin | 9900 | -€1,939 | €1,791 | +€3,730 | |
| Operating profit (loss) | 9901 | -€1,939 | €1,233 | +€3,171 | |
| Financial income | 75/76B | €1,500 | €3,045 | +€1,545 | +103.0% |
| Recurring financial income | 75 | €1,500 | €3,045 | +€1,545 | +103.0% |
| Financial charges | 65/66B | €255 | €296 | +€40 | +15.8% |
| Recurring financial charges | 65 | €255 | €296 | +€40 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | -€694 | €3,982 | +€4,676 | |
| Profit (loss) for the period | 9904 | -€694 | €3,982 | +€4,676 | |
| Profit (loss) for the period to be appropriated | 9905 | -€694 | €3,982 | +€4,676 |
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 10 October 2026 via checked.be.