DESSARD & ASSOCIES: what changed
DESSARD & ASSOCIES
Largest movements
- Cash -€56,603
down €56,603 (-63.1%), from €89,773 to €33,170
mainly Other debts (-€44,081) and Current portion of long-term debt (-€16,481)
- Tangible fixed assets -€10,563
down €10,563 (-23.7%), from €44,613 to €34,050
of which Furniture and vehicles: -€6,639
- Receivables within one year +€4,253
up €4,253 (+5.9%), from €72,011 to €76,265
of which Other amounts receivable: +€6,127
- Deferred charges and accrued income +€2,493
up €2,493 (+17.0%), from €14,624 to €17,117
- Other debts -€44,081
down €44,081 (-41.3%), from €106,659 to €62,578
- Current portion of long-term debt -€16,481
no longer reported in 2025 (was €16,481)
- Reserves -€13,241
down €13,241 (-17.1%), from €77,534 to €64,294
of which Distributable reserves: -€7,520
- Trade debts +€11,821
up €11,821 (+46.9%), from €25,216 to €37,037
- Profit (loss) carried forward +€5,647
up €5,647 (+9.2%), from -€61,375 to -€55,728
- Gross operating margin -€14,628
down €14,628 (-11.6%), from €125,852 to €111,224
- Other operating charges +€7,264
up €7,264 (+42.9%), from €16,944 to €24,209
- Taxes -€5,171
down €5,171 (-65.6%), from €7,886 to €2,715
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €221,021 | €160,602 | -€60,419 | -27.3% |
| Fixed assets | 21/28 | €44,613 | €34,050 | -€10,563 | -23.7% |
| Tangible fixed assets | 22/27 | €44,613 | €34,050 | -€10,563 | -23.7% |
| Plant, machinery and equipment | 23 | €10,851 | €6,928 | -€3,924 | -36.2% |
| Furniture and vehicles | 24 | €33,761 | €27,123 | -€6,639 | -19.7% |
| Current assets | 29/58 | €176,408 | €126,551 | -€49,857 | -28.3% |
| Amounts receivable within one year | 40/41 | €72,011 | €76,265 | +€4,253 | +5.9% |
| Trade receivables | 40 | €68,659 | €66,786 | -€1,874 | -2.7% |
| Other amounts receivable | 41 | €3,352 | €9,479 | +€6,127 | +183% |
| Cash at bank and in hand | 54/58 | €89,773 | €33,170 | -€56,603 | -63.1% |
| Deferred charges and accrued income | 490/1 | €14,624 | €17,117 | +€2,493 | +17.0% |
| Total equity and liabilities | 10/49 | €221,021 | €160,602 | -€60,419 | -27.3% |
| Equity | 10/15 | €38,159 | €30,566 | -€7,593 | -19.9% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €77,534 | €64,294 | -€13,241 | -17.1% |
| Tax-exempt reserves | 132 | €20,893 | €15,173 | -€5,721 | -27.4% |
| Distributable reserves | 133 | €56,641 | €49,121 | -€7,520 | -13.3% |
| Profit (loss) carried forward | 14 | -€61,375 | -€55,728 | +€5,647 | +9.2% |
| Provisions and deferred taxes | 16 | €5,223 | €3,793 | -€1,430 | -27.4% |
| Deferred taxes | 168 | €5,223 | €3,793 | -€1,430 | -27.4% |
| Amounts payable | 17/49 | €177,638 | €126,243 | -€51,396 | -28.9% |
| Amounts payable within one year | 42/48 | €172,948 | €121,430 | -€51,519 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | €16,481 | - | -€16,481 | |
| Trade debts | 44 | €25,216 | €37,037 | +€11,821 | +46.9% |
| Suppliers | 440/4 | €25,216 | €37,037 | +€11,821 | +46.9% |
| Taxes, remuneration and social security | 45 | €24,593 | €21,815 | -€2,778 | -11.3% |
| Taxes | 450/3 | €15,203 | €11,200 | -€4,003 | -26.3% |
| Remuneration and social security | 454/9 | €9,390 | €10,615 | +€1,225 | +13.0% |
| Other amounts payable | 47/48 | €106,659 | €62,578 | -€44,081 | -41.3% |
| Accrued charges and deferred income | 492/3 | €4,690 | €4,813 | +€123 | +2.6% |
| Remuneration, social security and pensions | 62 | €62,003 | €62,057 | +€54 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,062 | €22,186 | -€876 | -3.8% |
| Other operating charges | 640/8 | €16,944 | €24,209 | +€7,264 | +42.9% |
| Gross operating margin | 9900 | €125,852 | €111,224 | -€14,628 | -11.6% |
| Operating profit (loss) | 9901 | €23,843 | €2,773 | -€21,070 | -88.4% |
| Financial income | 75/76B | €58 | €252 | +€195 | +337% |
| Recurring financial income | 75 | €58 | €252 | +€195 | +337% |
| Financial charges | 65/66B | €2,482 | €1,814 | -€668 | -26.9% |
| Recurring financial charges | 65 | €2,482 | €1,814 | -€668 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €21,419 | €1,212 | -€20,208 | -94.3% |
| Transfer from deferred taxes | 780 | €1,292 | €1,430 | +€138 | +10.7% |
| Income taxes | 67/77 | €7,886 | €2,715 | -€5,171 | -65.6% |
| Profit (loss) for the period | 9904 | €14,826 | -€73 | -€14,899 | |
| Transfer from tax-exempt reserves | 789 | €5,169 | €5,721 | +€551 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,995 | €5,647 | -€14,348 | -71.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.