DESSERS LUC: 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.
DESSERS LUC
Largest movements
- Cash +€105,388
up €105,388 (+274%), from €38,519 to €143,907
mainly Net result for the year (+€256,823) and Depreciation (+€25,960)
- Current investments +€94,135
up €94,135 (+23.7%), from €397,235 to €491,370
- Tangible fixed assets +€32,609
up €32,609 (+30.0%), from €108,531 to €141,140
of which Other tangible fixed assets: +€24,404
- Receivables within one year +€9,819
up €9,819 (+12.2%), from €80,307 to €90,126
of which Other amounts receivable: +€10,281
- Reserves +€256,823
up €256,823 (+52.2%), from €492,029 to €748,852
- Debts after one year -€20,000
down €20,000 (-20.0%), from €100,000 to €80,000
- Gross operating margin +€113,903
up €113,903 (+56.1%), from €202,858 to €316,762
- Financial income +€94,619
up €94,619 (+844%), from €11,217 to €105,835
- Taxes +€24,733
up €24,733 (+38.0%), from €65,074 to €89,807
- Staff costs +€5,747
up €5,747 (+17.5%), from €32,778 to €38,525
- Financial charges +€4,815
up €4,815 (+88.5%), from €5,443 to €10,258
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 | €689,270 | €922,679 | +€233,409 | +33.9% |
| Fixed assets | 21/28 | €118,531 | €151,140 | +€32,609 | +27.5% |
| Tangible fixed assets | 22/27 | €108,531 | €141,140 | +€32,609 | +30.0% |
| Plant, machinery and equipment | 23 | €1,773 | €2,374 | +€601 | +33.9% |
| Furniture and vehicles | 24 | €712 | €8,316 | +€7,604 | +1,068% |
| Other tangible fixed assets | 26 | €106,046 | €130,450 | +€24,404 | +23.0% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €570,739 | €771,539 | +€200,800 | +35.2% |
| Amounts receivable after more than one year | 29 | €50,750 | €42,500 | -€8,250 | -16.3% |
| Other amounts receivable | 291 | €50,750 | €42,500 | -€8,250 | -16.3% |
| Amounts receivable within one year | 40/41 | €80,307 | €90,126 | +€9,819 | +12.2% |
| Trade receivables | 40 | €69,811 | €69,349 | -€462 | -0.7% |
| Other amounts receivable | 41 | €10,496 | €20,777 | +€10,281 | +98.0% |
| Current investments | 50/53 | €397,235 | €491,370 | +€94,135 | +23.7% |
| Cash at bank and in hand | 54/58 | €38,519 | €143,907 | +€105,388 | +274% |
| Deferred charges and accrued income | 490/1 | €3,928 | €3,636 | -€292 | -7.4% |
| Total equity and liabilities | 10/49 | €689,270 | €922,679 | +€233,409 | +33.9% |
| Equity | 10/15 | €510,621 | €767,444 | +€256,823 | +50.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €492,029 | €748,852 | +€256,823 | +52.2% |
| Distributable reserves | 133 | €492,029 | €748,852 | +€256,823 | +52.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €178,649 | €155,235 | -€23,414 | -13.1% |
| Amounts payable after more than one year | 17 | €100,000 | €80,000 | -€20,000 | -20.0% |
| Financial debts | 170/4 | €100,000 | €80,000 | -€20,000 | -20.0% |
| Amounts payable within one year | 42/48 | €73,969 | €72,797 | -€1,172 | -1.6% |
| Trade debts | 44 | €9,519 | €14,798 | +€5,279 | +55.5% |
| Suppliers | 440/4 | €9,519 | €14,798 | +€5,279 | +55.5% |
| Advances received on contracts in progress | 46 | €13,281 | €5,902 | -€7,379 | -55.6% |
| Taxes, remuneration and social security | 45 | €50,841 | €50,950 | +€110 | +0.2% |
| Taxes | 450/3 | €45,853 | €45,797 | -€56 | -0.1% |
| Remuneration and social security | 454/9 | €4,988 | €5,154 | +€166 | +3.3% |
| Other amounts payable | 47/48 | €329 | €1,147 | +€818 | +249% |
| Accrued charges and deferred income | 492/3 | €4,680 | €2,438 | -€2,242 | -47.9% |
| Remuneration, social security and pensions | 62 | €32,778 | €38,525 | +€5,747 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,394 | €25,960 | +€566 | +2.2% |
| Other operating charges | 640/8 | €1,159 | €1,224 | +€65 | +5.6% |
| Gross operating margin | 9900 | €202,858 | €316,762 | +€113,903 | +56.1% |
| Operating profit (loss) | 9901 | €143,527 | €251,052 | +€107,525 | +74.9% |
| Financial income | 75/76B | €11,217 | €105,835 | +€94,619 | +844% |
| Recurring financial income | 75 | €11,217 | €105,835 | +€94,619 | +844% |
| Financial charges | 65/66B | €5,443 | €10,258 | +€4,815 | +88.5% |
| Recurring financial charges | 65 | €5,443 | €10,258 | +€4,815 | +88.5% |
| Profit (loss) for the period before taxes | 9903 | €149,301 | €346,630 | +€197,329 | +132% |
| Income taxes | 67/77 | €65,074 | €89,807 | +€24,733 | +38.0% |
| Profit (loss) for the period | 9904 | €84,227 | €256,823 | +€172,596 | +205% |
| Profit (loss) for the period to be appropriated | 9905 | €84,227 | €256,823 | +€172,596 | +205% |
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 20 October 2026 via checked.be.