DESSAIN H.: 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.
DESSAIN H.
Largest movements
- Receivables within one year -€547,109
down €547,109 (-44.1%), from €1.2m to €694,185
of which Trade receivables: -€561,710
- Cash +€37,811
up €37,811 (+5.9%), from €642,427 to €680,238
mainly Receivables within one year (+€547,109) and Net result for the year (+€99,584)
- Deferred charges and accrued income -€37,098
down €37,098 (-52.8%), from €70,195 to €33,097
- Other debts -€247,673
down €247,673 (-49.5%), from €500,422 to €252,750
- Tax, wage and social debts -€108,261
down €108,261 (-35.7%), from €303,304 to €195,043
of which Remuneration and social security: -€103,191
- Trade debts -€88,941
down €88,941 (-15.9%), from €558,707 to €469,766
- Provisions -€69,760
down €69,760 (-30.9%), from €225,575 to €155,815
- Profit (loss) carried forward -€55,396
down €55,396 (-35.9%), from €154,465 to €99,069
- Gross operating margin -€1.2m
down €1.2m (-46.2%), from €2.6m to €1.4m
- Staff costs -€564,634
down €564,634 (-29.5%), from €1.9m to €1.4m
- Taxes -€97,538
down €97,538 (-87.4%), from €111,663 to €14,125
- Financial charges -€70,623
down €70,623 (-79.9%), from €88,434 to €17,811
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 | €2,768,526 | €2,203,475 | -€565,051 | -20.4% |
| Fixed assets | 21/28 | €530 | €0 | -€530 | -100.0% |
| Financial fixed assets | 28 | €530 | €0 | -€530 | -100.0% |
| Current assets | 29/58 | €2,767,995 | €2,203,475 | -€564,521 | -20.4% |
| Stocks and contracts in progress | 3 | €314,079 | €295,954 | -€18,125 | -5.8% |
| Stocks | 30/36 | €314,079 | €295,954 | -€18,125 | -5.8% |
| Amounts receivable within one year | 40/41 | €1,241,294 | €694,185 | -€547,109 | -44.1% |
| Trade receivables | 40 | €1,161,397 | €599,687 | -€561,710 | -48.4% |
| Other amounts receivable | 41 | €79,897 | €94,498 | +€14,601 | +18.3% |
| Current investments | 50/53 | €500,000 | €500,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €642,427 | €680,238 | +€37,811 | +5.9% |
| Deferred charges and accrued income | 490/1 | €70,195 | €33,097 | -€37,098 | -52.8% |
| Total equity and liabilities | 10/49 | €2,768,526 | €2,203,475 | -€565,051 | -20.4% |
| Equity | 10/15 | €1,180,518 | €1,130,102 | -€50,416 | -4.3% |
| Contributions | 10/11 | €991,607 | €991,607 | = | 0.0% |
| Capital | 10 | €991,607 | €991,607 | = | 0.0% |
| Issued capital | 100 | €991,607 | €991,607 | = | 0.0% |
| Reserves | 13 | €34,446 | €39,425 | +€4,979 | +14.5% |
| Non-distributable reserves | 130/1 | €34,446 | €39,425 | +€4,979 | +14.5% |
| Legal reserve | 130 | €34,446 | €39,425 | +€4,979 | +14.5% |
| Profit (loss) carried forward | 14 | €154,465 | €99,069 | -€55,396 | -35.9% |
| Provisions and deferred taxes | 16 | €225,575 | €155,815 | -€69,760 | -30.9% |
| Provisions for liabilities and charges | 160/5 | €225,575 | €155,815 | -€69,760 | -30.9% |
| Pensions and similar obligations | 160 | €3,417 | €3,417 | = | 0.0% |
| Other liabilities and charges | 164/5 | €222,157 | €152,397 | -€69,760 | -31.4% |
| Amounts payable | 17/49 | €1,362,433 | €917,558 | -€444,875 | -32.7% |
| Amounts payable within one year | 42/48 | €1,362,433 | €917,558 | -€444,875 | -32.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €558,707 | €469,766 | -€88,941 | -15.9% |
| Suppliers | 440/4 | €558,707 | €469,766 | -€88,941 | -15.9% |
| Taxes, remuneration and social security | 45 | €303,304 | €195,043 | -€108,261 | -35.7% |
| Taxes | 450/3 | €39,239 | €34,170 | -€5,069 | -12.9% |
| Remuneration and social security | 454/9 | €264,065 | €160,873 | -€103,191 | -39.1% |
| Other amounts payable | 47/48 | €500,422 | €252,750 | -€247,673 | -49.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,914,833 | €1,350,199 | -€564,634 | -29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,539 | €11,568 | +€19,107 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€44,058 | -€69,760 | -€25,702 | -58.3% |
| Other operating charges | 640/8 | €993 | €2,054 | +€1,062 | +107.0% |
| Gross operating margin | 9900 | €2,634,826 | €1,416,525 | -€1.2m | -46.2% |
| Operating profit (loss) | 9901 | €770,598 | €122,463 | -€648,134 | -84.1% |
| Financial income | 75/76B | €11,111 | €9,056 | -€2,055 | -18.5% |
| Recurring financial income | 75 | €11,111 | €9,056 | -€2,055 | -18.5% |
| Financial charges | 65/66B | €88,434 | €17,811 | -€70,623 | -79.9% |
| Recurring financial charges | 65 | €88,434 | €17,811 | -€70,623 | -79.9% |
| Profit (loss) for the period before taxes | 9903 | €693,275 | €113,708 | -€579,566 | -83.6% |
| Income taxes | 67/77 | €111,663 | €14,125 | -€97,538 | -87.4% |
| Profit (loss) for the period | 9904 | €581,612 | €99,584 | -€482,028 | -82.9% |
| Profit (loss) for the period to be appropriated | 9905 | €581,612 | €99,584 | -€482,028 | -82.9% |
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 11 October 2026 via checked.be.