DESPTECH: what changed
Two fiscal 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.
DESPTECH
Largest movements
- Tangible fixed assets +€20,358
up €20,358 (+259.9%), from €7,833 to €28,191
of which Plant, machinery and equipment: +€22,358
- Cash -€11,148
down €11,148 (-58.7%), from €18,995 to €7,848
mainly Investment in fixed assets (net) (-€25,385) and Other debts (-€11,463)
- Receivables within one year -€6,746
down €6,746 (-42.3%), from €15,965 to €9,219
of which Trade receivables: -€10,430
- Stocks and contracts -€1,220
down €1,220 (-4.4%), from €27,776 to €26,557
- Reserves +€21,824
up €21,824 (+325.4%), from €6,706 to €28,530
- Other debts -€11,463
down €11,463 (-31.2%), from €36,725 to €25,262
- Tax, wage and social debts -€3,848
down €3,848 (-98.9%), from €3,893 to €45
- Debts after one year -€2,920
down €2,920 (-26.4%), from €11,071 to €8,151
- Trade debts -€1,772
down €1,772 (-36.8%), from €4,816 to €3,044
- Gross operating margin +€23,520
up €23,520 (+187.0%), from €12,578 to €36,098
- Taxes +€4,959
up €4,959 (+199.6%), from €2,484 to €7,443
- Depreciation +€2,860
up €2,860 (+132.0%), from €2,167 to €5,027
- Other operating charges +€428
up €428 (+52.0%), from €824 to €1,252
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 | €71,009 | €72,952 | +€1,943 | +2.7% |
| Fixed assets | 21/28 | €7,833 | €28,191 | +€20,358 | +259.9% |
| Tangible fixed assets | 22/27 | €7,833 | €28,191 | +€20,358 | +259.9% |
| Plant, machinery and equipment | 23 | - | €22,358 | +€22,358 | |
| Furniture and vehicles | 24 | €7,833 | €5,833 | -€2,000 | -25.5% |
| Current assets | 29/58 | €63,176 | €44,761 | -€18,415 | -29.1% |
| Stocks and contracts in progress | 3 | €27,776 | €26,557 | -€1,220 | -4.4% |
| Stocks | 30/36 | €27,776 | €26,557 | -€1,220 | -4.4% |
| Amounts receivable within one year | 40/41 | €15,965 | €9,219 | -€6,746 | -42.3% |
| Trade receivables | 40 | €15,965 | €5,534 | -€10,430 | -65.3% |
| Other amounts receivable | 41 | - | €3,684 | +€3,684 | |
| Cash at bank and in hand | 54/58 | €18,995 | €7,848 | -€11,148 | -58.7% |
| Deferred charges and accrued income | 490/1 | €440 | €1,138 | +€698 | +158.8% |
| Total equity and liabilities | 10/49 | €71,009 | €72,952 | +€1,943 | +2.7% |
| Equity | 10/15 | €11,706 | €33,530 | +€21,824 | +186.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,706 | €28,530 | +€21,824 | +325.4% |
| Distributable reserves | 133 | €6,706 | €28,530 | +€21,824 | +325.4% |
| Amounts payable | 17/49 | €59,303 | €39,422 | -€19,881 | -33.5% |
| Amounts payable after more than one year | 17 | €11,071 | €8,151 | -€2,920 | -26.4% |
| Financial debts | 170/4 | €11,071 | €8,151 | -€2,920 | -26.4% |
| Amounts payable within one year | 42/48 | €48,231 | €31,271 | -€16,960 | -35.2% |
| Current portion of amounts payable after more than one year | 42 | €2,798 | €2,920 | +€123 | +4.4% |
| Trade debts | 44 | €4,816 | €3,044 | -€1,772 | -36.8% |
| Suppliers | 440/4 | €4,816 | €3,044 | -€1,772 | -36.8% |
| Taxes, remuneration and social security | 45 | €3,893 | €45 | -€3,848 | -98.9% |
| Taxes | 450/3 | €3,893 | €45 | -€3,848 | -98.9% |
| Other amounts payable | 47/48 | €36,725 | €25,262 | -€11,463 | -31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,167 | €5,027 | +€2,860 | +132.0% |
| Other operating charges | 640/8 | €824 | €1,252 | +€428 | +52.0% |
| Gross operating margin | 9900 | €12,578 | €36,098 | +€23,520 | +187.0% |
| Operating profit (loss) | 9901 | €9,587 | €29,819 | +€20,232 | +211.0% |
| Financial income | 75/76B | €18 | €114 | +€96 | +524.4% |
| Recurring financial income | 75 | €18 | €114 | +€96 | +524.4% |
| Financial charges | 65/66B | €415 | €667 | +€251 | +60.5% |
| Recurring financial charges | 65 | €415 | €667 | +€251 | +60.5% |
| Profit (loss) for the period before taxes | 9903 | €9,190 | €29,266 | +€20,076 | +218.5% |
| Income taxes | 67/77 | €2,484 | €7,443 | +€4,959 | +199.6% |
| Profit (loss) for the period | 9904 | €6,706 | €21,824 | +€15,117 | +225.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,706 | €21,824 | +€15,117 | +225.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.