DESSAUVAGE: 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.
What changed
DESSAUVAGE
NACE 46.492, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€168,590
2024 · €146,615+€21,975
Equity
€1.0m
2024 · €873,726+€167,730
Cash
€357,817
2024 · €247,820+€109,997
Balance sheet total
€1.8m
2024 · €1.6m+€137,084
Largest movements
Assets
- Cash +€109,997
up €109,997 (+44.4%), from €247,820 to €357,817
mainly Net result for the year (+€168,590) and Depreciation (+€95,833)
- Current investments +€50,000
up €50,000 (+83.3%), from €60,000 to €110,000
Equity and liabilities
- Reserves +€167,730
up €167,730 (+20.7%), from €812,223 to €979,953
of which Distributable reserves: +€167,730
- Debts after one year -€39,575
down €39,575 (-8.0%), from €492,034 to €452,458
- Tax, wage and social debts +€25,852
up €25,852 (+33.6%), from €76,880 to €102,732
of which Taxes: +€25,098
- Other debts -€19,414
down €19,414 (-41.4%), from €46,853 to €27,439
Income statement
- Gross operating margin +€83,659
up €83,659 (+14.1%), from €592,975 to €676,634
- Staff costs +€34,996
up €34,996 (+11.5%), from €304,059 to €339,056
- Taxes +€23,462
up €23,462 (+41.6%), from €56,440 to €79,903
- Financial charges -€8,901
down €8,901 (-38.8%), from €22,970 to €14,069
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.
Result 2024
€146,615
Gross operating margin
+€83,659
Staff costs
-€34,996
Depreciation
-€4,411
Write-downs
-€5,526
Other operating charges
+€555
Financial income
-€2,745
Financial charges
+€8,901
Taxes
-€23,462
Result 2025
€168,590
raises the resultlowers the result
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.
From operations
+€276,855
Investment
-€132,410
Financing
-€34,448
Cash 2024
€247,820
From operations (derived)
+€276,855
Net result for the year
+€168,590
Depreciation
+€95,833
Stocks and contracts
+€6,626
Receivables within one year
+€2,198
Deferred charges and accrued income
+€667
Trade debts
-€3,129
Tax, wage and social debts
+€25,852
Other debts
-€19,414
Accrued charges and deferred income
-€367
Investment (derived)
-€132,410
Investment in fixed assets (net)
-€82,410
Current investments
-€50,000
Financing
-€34,448
Debts after one year
-€39,575
Current portion of long-term debt
+€5,987
Contributions, distributions and other
-€860
Cash 2025
€357,817
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,648,778 | €1,785,861 | +€137,084 | +8.3% |
| Fixed assets | 21/28 | €560,671 | €547,248 | -€13,424 | -2.4% |
| Intangible fixed assets | 21 | €250 | €50 | -€200 | -80.0% |
| Tangible fixed assets | 22/27 | €560,286 | €547,063 | -€13,224 | -2.4% |
| Land and buildings | 22 | €307,935 | €275,254 | -€32,682 | -10.6% |
| Plant, machinery and equipment | 23 | €51,713 | €65,104 | +€13,391 | +25.9% |
| Furniture and vehicles | 24 | €41,147 | €68,945 | +€27,798 | +67.6% |
| Leasing and similar rights | 25 | €10,251 | - | -€10,251 | |
| Other tangible fixed assets | 26 | €149,240 | €137,760 | -€11,480 | -7.7% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €1,088,106 | €1,238,614 | +€150,507 | +13.8% |
| Stocks and contracts in progress | 3 | €224,895 | €218,269 | -€6,626 | -2.9% |
| Stocks | 30/36 | €224,895 | €218,269 | -€6,626 | -2.9% |
| Amounts receivable within one year | 40/41 | €546,229 | €544,032 | -€2,198 | -0.4% |
| Trade receivables | 40 | €532,352 | €543,460 | +€11,108 | +2.1% |
| Other amounts receivable | 41 | €13,878 | €572 | -€13,306 | -95.9% |
| Current investments | 50/53 | €60,000 | €110,000 | +€50,000 | +83.3% |
| Cash at bank and in hand | 54/58 | €247,820 | €357,817 | +€109,997 | +44.4% |
| Deferred charges and accrued income | 490/1 | €9,163 | €8,496 | -€667 | -7.3% |
| Total equity and liabilities | 10/49 | €1,648,778 | €1,785,861 | +€137,084 | +8.3% |
| Equity | 10/15 | €873,726 | €1,041,456 | +€167,730 | +19.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €812,223 | €979,953 | +€167,730 | +20.7% |
| Non-distributable reserves | 130/1 | €66,150 | €66,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Own shares acquired | 1312 | €60,000 | €60,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €52,908 | €52,908 | = | 0.0% |
| Distributable reserves | 133 | €693,165 | €860,895 | +€167,730 | +24.2% |
| Profit (loss) carried forward | 14 | €3 | €2 | -€0 | -10.3% |
| Amounts payable | 17/49 | €775,052 | €744,406 | -€30,646 | -4.0% |
| Amounts payable after more than one year | 17 | €492,034 | €452,458 | -€39,575 | -8.0% |
| Financial debts | 170/4 | €492,034 | €452,458 | -€39,575 | -8.0% |
| Amounts payable within one year | 42/48 | €280,306 | €289,602 | +€9,296 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €79,310 | €85,297 | +€5,987 | +7.5% |
| Trade debts | 44 | €77,263 | €74,134 | -€3,129 | -4.0% |
| Suppliers | 440/4 | €77,263 | €74,134 | -€3,129 | -4.0% |
| Taxes, remuneration and social security | 45 | €76,880 | €102,732 | +€25,852 | +33.6% |
| Taxes | 450/3 | €25,993 | €51,091 | +€25,098 | +96.6% |
| Remuneration and social security | 454/9 | €50,888 | €51,641 | +€753 | +1.5% |
| Other amounts payable | 47/48 | €46,853 | €27,439 | -€19,414 | -41.4% |
| Accrued charges and deferred income | 492/3 | €2,712 | €2,345 | -€367 | -13.5% |
| Remuneration, social security and pensions | 62 | €304,059 | €339,056 | +€34,996 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,422 | €95,833 | +€4,411 | +4.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €461 | €5,987 | +€5,526 | +1,198% |
| Other operating charges | 640/8 | €8,461 | €7,906 | -€555 | -6.6% |
| Gross operating margin | 9900 | €592,975 | €676,634 | +€83,659 | +14.1% |
| Operating profit (loss) | 9901 | €188,570 | €227,852 | +€39,282 | +20.8% |
| Financial income | 75/76B | €37,455 | €34,709 | -€2,745 | -7.3% |
| Recurring financial income | 75 | €37,455 | €34,709 | -€2,745 | -7.3% |
| Financial charges | 65/66B | €22,970 | €14,069 | -€8,901 | -38.8% |
| Recurring financial charges | 65 | €22,970 | €14,069 | -€8,901 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €203,055 | €248,492 | +€45,437 | +22.4% |
| Income taxes | 67/77 | €56,440 | €79,903 | +€23,462 | +41.6% |
| Profit (loss) for the period | 9904 | €146,615 | €168,590 | +€21,975 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €146,615 | €168,590 | +€21,975 | +15.0% |
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 23 October 2026 via checked.be.