DESPIERE: 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.
DESPIERE
Largest movements
- Cash +€16,380
up €16,380 (+17.3%), from €94,763 to €111,143
mainly Net result for the year (+€34,439) and Depreciation (+€10,852)
- Receivables within one year -€2,633
down €2,633 (-12.9%), from €20,490 to €17,857
of which Other amounts receivable: -€3,330
- Reserves +€13,000
up €13,000 (+16.1%), from €80,940 to €93,940
- Other debts +€1,712
up €1,712 (+8.9%), from €19,169 to €20,881
- Gross operating margin +€10,755
up €10,755 (+21.6%), from €49,824 to €60,578
- Taxes +€3,491
up €3,491 (+31.3%), from €11,155 to €14,646
- Depreciation -€2,118
down €2,118 (-16.3%), from €12,971 to €10,852
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 | €147,038 | €161,183 | +€14,145 | +9.6% |
| Fixed assets | 21/28 | €31,786 | €32,183 | +€398 | +1.3% |
| Tangible fixed assets | 22/27 | €31,786 | €32,183 | +€398 | +1.3% |
| Land and buildings | 22 | €19,609 | €12,849 | -€6,760 | -34.5% |
| Furniture and vehicles | 24 | €12,177 | €19,334 | +€7,158 | +58.8% |
| Current assets | 29/58 | €115,253 | €128,999 | +€13,747 | +11.9% |
| Amounts receivable within one year | 40/41 | €20,490 | €17,857 | -€2,633 | -12.9% |
| Trade receivables | 40 | €16,760 | €17,457 | +€697 | +4.2% |
| Other amounts receivable | 41 | €3,730 | €400 | -€3,330 | -89.3% |
| Cash at bank and in hand | 54/58 | €94,763 | €111,143 | +€16,380 | +17.3% |
| Total equity and liabilities | 10/49 | €147,038 | €161,183 | +€14,145 | +9.6% |
| Equity | 10/15 | €81,182 | €94,955 | +€13,773 | +17.0% |
| Contributions | 10/11 | €180 | €180 | = | 0.0% |
| Reserves | 13 | €80,940 | €93,940 | +€13,000 | +16.1% |
| Distributable reserves | 133 | €80,940 | €93,940 | +€13,000 | +16.1% |
| Profit (loss) carried forward | 14 | €62 | €835 | +€773 | +1251.5% |
| Provisions and deferred taxes | 16 | €35,707 | €35,707 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €35,707 | €35,707 | = | 0.0% |
| Pensions and similar obligations | 160 | €35,707 | €35,707 | = | 0.0% |
| Amounts payable | 17/49 | €30,149 | €30,521 | +€372 | +1.2% |
| Amounts payable within one year | 42/48 | €30,149 | €30,521 | +€372 | +1.2% |
| Trade debts | 44 | €2,848 | €2,495 | -€353 | -12.4% |
| Suppliers | 440/4 | €2,848 | €2,495 | -€353 | -12.4% |
| Taxes, remuneration and social security | 45 | €8,131 | €7,144 | -€987 | -12.1% |
| Taxes | 450/3 | €8,131 | €7,144 | -€987 | -12.1% |
| Other amounts payable | 47/48 | €19,169 | €20,881 | +€1,712 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,971 | €10,852 | -€2,118 | -16.3% |
| Other operating charges | 640/8 | €1,364 | €943 | -€421 | -30.9% |
| Gross operating margin | 9900 | €49,824 | €60,578 | +€10,755 | +21.6% |
| Operating profit (loss) | 9901 | €35,489 | €48,783 | +€13,294 | +37.5% |
| Financial income | 75/76B | €250 | €377 | +€126 | +50.3% |
| Recurring financial income | 75 | €250 | €377 | +€126 | +50.3% |
| Financial charges | 65/66B | €105 | €74 | -€31 | -29.2% |
| Recurring financial charges | 65 | €105 | €74 | -€31 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €35,635 | €49,085 | +€13,451 | +37.7% |
| Income taxes | 67/77 | €11,155 | €14,646 | +€3,491 | +31.3% |
| Profit (loss) for the period | 9904 | €24,480 | €34,439 | +€9,959 | +40.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,480 | €34,439 | +€9,959 | +40.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.