DESPI: 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.
DESPI
Largest movements
- Receivables within one year -€5,892
down €5,892 (-91.8%), from €6,416 to €524
- Cash +€1,899
up €1,899 (+147%), from €1,293 to €3,192
mainly Receivables within one year (+€5,892) and Depreciation (+€1,280)
- Tangible fixed assets -€1,162
down €1,162 (-74.0%), from €1,570 to €408
of which Plant, machinery and equipment: -€980
- Intangible fixed assets -€118
down €118 (-48.0%), from €246 to €128
- Other debts -€3,266
down €3,266 (-20.9%), from €15,636 to €12,370
- Profit (loss) carried forward -€1,415
down €1,415 (-5.1%), from -€27,758 to -€29,173
- Trade debts -€639
down €639 (-74.9%), from €853 to €214
- Gross operating margin +€2,406
up €2,406, from -€2,052 to €354
- Other operating charges +€254
up €254 (+134%), from €190 to €444
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 | €9,525 | €4,253 | -€5,272 | -55.4% |
| Fixed assets | 21/28 | €1,816 | €536 | -€1,280 | -70.5% |
| Intangible fixed assets | 21 | €246 | €128 | -€118 | -48.0% |
| Tangible fixed assets | 22/27 | €1,570 | €408 | -€1,162 | -74.0% |
| Plant, machinery and equipment | 23 | €1,223 | €243 | -€980 | -80.2% |
| Furniture and vehicles | 24 | €347 | €165 | -€181 | -52.3% |
| Current assets | 29/58 | €7,709 | €3,717 | -€3,992 | -51.8% |
| Amounts receivable within one year | 40/41 | €6,416 | €524 | -€5,892 | -91.8% |
| Trade receivables | 40 | €6,416 | €524 | -€5,892 | -91.8% |
| Cash at bank and in hand | 54/58 | €1,293 | €3,192 | +€1,899 | +147% |
| Total equity and liabilities | 10/49 | €9,525 | €4,253 | -€5,272 | -55.4% |
| Equity | 10/15 | -€7,298 | -€8,713 | -€1,415 | -19.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,758 | -€29,173 | -€1,415 | -5.1% |
| Amounts payable | 17/49 | €16,823 | €12,966 | -€3,857 | -22.9% |
| Amounts payable within one year | 42/48 | €16,823 | €12,966 | -€3,857 | -22.9% |
| Trade debts | 44 | €853 | €214 | -€639 | -74.9% |
| Suppliers | 440/4 | €853 | €214 | -€639 | -74.9% |
| Taxes, remuneration and social security | 45 | €334 | €382 | +€48 | +14.4% |
| Taxes | 450/3 | €334 | €382 | +€48 | +14.4% |
| Other amounts payable | 47/48 | €15,636 | €12,370 | -€3,266 | -20.9% |
| Non-recurring operating income | 76A | €0 | €230 | +€230 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,299 | €1,280 | -€20 | -1.5% |
| Other operating charges | 640/8 | €190 | €444 | +€254 | +134% |
| Gross operating margin | 9900 | -€2,052 | €354 | +€2,406 | |
| Operating profit (loss) | 9901 | -€3,541 | -€1,370 | +€2,172 | +61.3% |
| Financial charges | 65/66B | €39 | €45 | +€6 | +15.2% |
| Recurring financial charges | 65 | €39 | €45 | +€6 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,581 | -€1,415 | +€2,166 | +60.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€3,581 | -€1,415 | +€2,166 | +60.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,581 | -€1,415 | +€2,166 | +60.5% |
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 13 October 2026 via checked.be.