DESSCHANS: 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.
DESSCHANS
Largest movements
- Current investments +€148,104
up €148,104 (+218%), from €67,998 to €216,102
- Cash -€100,130
down €100,130 (-57.8%), from €173,252 to €73,122
mainly Current investments (-€148,104) and Investment in fixed assets (net) (-€95,669)
- Tangible fixed assets +€76,314
up €76,314 (+28.4%), from €268,356 to €344,670
of which Land and buildings: +€87,930
- Receivables after one year +€15,647
up €15,647 (+3.5%), from €448,108 to €463,756
- Reserves +€70,096
up €70,096 (+10.8%), from €651,784 to €721,880
of which Distributable reserves: +€70,096
- Debts after one year +€56,303
new in 2025: €56,303
- Current portion of long-term debt +€31,010
new in 2025: €31,010
- Financial charges +€5,745
up €5,745 (+284%), from €2,023 to €7,768
- Financial income +€4,028
up €4,028 (+42.3%), from €9,530 to €13,558
- Depreciation +€3,625
up €3,625 (+23.0%), from €15,730 to €19,355
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €968,046 | €1,107,906 | +€139,861 | +14.4% |
| Fixed assets | 21/28 | €268,856 | €345,170 | +€76,314 | +28.4% |
| Tangible fixed assets | 22/27 | €268,356 | €344,670 | +€76,314 | +28.4% |
| Land and buildings | 22 | €219,861 | €307,791 | +€87,930 | +40.0% |
| Furniture and vehicles | 24 | €48,495 | €36,879 | -€11,616 | -24.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €699,189 | €762,736 | +€63,547 | +9.1% |
| Amounts receivable after more than one year | 29 | €448,108 | €463,756 | +€15,647 | +3.5% |
| Other amounts receivable | 291 | €448,108 | €463,756 | +€15,647 | +3.5% |
| Amounts receivable within one year | 40/41 | €5,231 | €4,870 | -€361 | -6.9% |
| Trade receivables | 40 | €5,231 | €4,870 | -€361 | -6.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €67,998 | €216,102 | +€148,104 | +218% |
| Cash at bank and in hand | 54/58 | €173,252 | €73,122 | -€100,130 | -57.8% |
| Deferred charges and accrued income | 490/1 | €4,599 | €4,886 | +€286 | +6.2% |
| Total equity and liabilities | 10/49 | €968,046 | €1,107,906 | +€139,861 | +14.4% |
| Equity | 10/15 | €898,204 | €968,300 | +€70,096 | +7.8% |
| Contributions | 10/11 | €246,420 | €246,420 | = | 0.0% |
| Capital | 10 | €246,420 | €246,420 | = | 0.0% |
| Issued capital | 100 | €246,420 | €246,420 | = | 0.0% |
| Reserves | 13 | €651,784 | €721,880 | +€70,096 | +10.8% |
| Non-distributable reserves | 130/1 | €31,442 | €31,442 | = | 0.0% |
| Legal reserve | 130 | €31,442 | €31,442 | = | 0.0% |
| Distributable reserves | 133 | €620,342 | €690,438 | +€70,096 | +11.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €69,841 | €139,607 | +€69,765 | +99.9% |
| Amounts payable after more than one year | 17 | - | €56,303 | +€56,303 | |
| Financial debts | 170/4 | - | €56,303 | +€56,303 | |
| Amounts payable within one year | 42/48 | €69,431 | €82,893 | +€13,462 | +19.4% |
| Current portion of amounts payable after more than one year | 42 | - | €31,010 | +€31,010 | |
| Trade debts | 44 | €7,887 | €29 | -€7,858 | -99.6% |
| Suppliers | 440/4 | €7,887 | €29 | -€7,858 | -99.6% |
| Taxes, remuneration and social security | 45 | €5,499 | €5,395 | -€104 | -1.9% |
| Taxes | 450/3 | €5,499 | €5,395 | -€104 | -1.9% |
| Other amounts payable | 47/48 | €56,045 | €46,459 | -€9,586 | -17.1% |
| Accrued charges and deferred income | 492/3 | €410 | €410 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,730 | €19,355 | +€3,625 | +23.0% |
| Other operating charges | 640/8 | €1,343 | €1,282 | -€61 | -4.5% |
| Gross operating margin | 9900 | €188,804 | €188,184 | -€620 | -0.3% |
| Operating profit (loss) | 9901 | €171,731 | €167,547 | -€4,184 | -2.4% |
| Financial income | 75/76B | €9,530 | €13,558 | +€4,028 | +42.3% |
| Recurring financial income | 75 | €9,530 | €13,558 | +€4,028 | +42.3% |
| Financial charges | 65/66B | €2,023 | €7,768 | +€5,745 | +284% |
| Recurring financial charges | 65 | €2,023 | €7,768 | +€5,745 | +284% |
| Profit (loss) for the period before taxes | 9903 | €179,238 | €173,336 | -€5,902 | -3.3% |
| Income taxes | 67/77 | €55,347 | €56,782 | +€1,435 | +2.6% |
| Profit (loss) for the period | 9904 | €123,891 | €116,555 | -€7,337 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €123,891 | €116,555 | -€7,337 | -5.9% |
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 21 October 2026 via checked.be.