DESSY: what changed
Two fiscal 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.
DESSY
Largest movements
- Stocks and contracts +€51,890
up €51,890 (+639.3%), from €8,116 to €60,006
- Tangible fixed assets +€42,379
up €42,379 (+32.4%), from €130,726 to €173,105
of which Furniture and vehicles: +€30,413
- Receivables within one year -€7,909
down €7,909 (-42.9%), from €18,419 to €10,509
of which Trade receivables: -€7,920
- Reserves +€59,925
up €59,925 (+57.9%), from €103,553 to €163,479
of which Distributable reserves: +€40,000
- Trade debts +€32,806
up €32,806 (+131.7%), from €24,912 to €57,719
- Debts after one year -€19,465
down €19,465 (-43.8%), from €44,465 to €25,000
of which Financial debts: -€19,465
- Provisions +€6,642
up €6,642 (+160.1%), from €4,148 to €10,790
- Tax, wage and social debts +€4,606
up €4,606 (+10.3%), from €44,530 to €49,135
- Gross operating margin +€33,492
up €33,492 (+33.8%), from €98,989 to €132,480
- Depreciation +€7,490
up €7,490 (+21.3%), from €35,191 to €42,681
- Taxes -€2,968
down €2,968 (-13.4%), from €22,097 to €19,129
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 | €328,052 | €411,674 | +€83,622 | +25.5% |
| Fixed assets | 21/28 | €130,726 | €173,105 | +€42,379 | +32.4% |
| Tangible fixed assets | 22/27 | €130,726 | €173,105 | +€42,379 | +32.4% |
| Plant, machinery and equipment | 23 | €129,714 | €141,680 | +€11,966 | +9.2% |
| Furniture and vehicles | 24 | €1,013 | €31,425 | +€30,413 | +3003.6% |
| Current assets | 29/58 | €197,325 | €238,569 | +€41,244 | +20.9% |
| Stocks and contracts in progress | 3 | €8,116 | €60,006 | +€51,890 | +639.3% |
| Stocks | 30/36 | €8,116 | €60,006 | +€51,890 | +639.3% |
| Amounts receivable within one year | 40/41 | €18,419 | €10,509 | -€7,909 | -42.9% |
| Trade receivables | 40 | €18,419 | €10,498 | -€7,920 | -43.0% |
| Other amounts receivable | 41 | - | €11 | +€11 | |
| Cash at bank and in hand | 54/58 | €170,790 | €168,053 | -€2,737 | -1.6% |
| Total equity and liabilities | 10/49 | €328,052 | €411,674 | +€83,622 | +25.5% |
| Equity | 10/15 | €188,907 | €249,566 | +€60,659 | +32.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €103,553 | €163,479 | +€59,925 | +57.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,443 | €32,369 | +€19,925 | +160.1% |
| Distributable reserves | 133 | €89,250 | €129,250 | +€40,000 | +44.8% |
| Profit (loss) carried forward | 14 | €65,293 | €66,391 | +€1,097 | +1.7% |
| Investment grants | 15 | €1,461 | €1,097 | -€364 | -24.9% |
| Provisions and deferred taxes | 16 | €4,148 | €10,790 | +€6,642 | +160.1% |
| Deferred taxes | 168 | €4,148 | €10,790 | +€6,642 | +160.1% |
| Amounts payable | 17/49 | €134,997 | €151,319 | +€16,322 | +12.1% |
| Amounts payable after more than one year | 17 | €44,465 | €25,000 | -€19,465 | -43.8% |
| Financial debts | 170/4 | €19,465 | - | -€19,465 | |
| Other amounts payable | 178/9 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €90,532 | €126,319 | +€35,786 | +39.5% |
| Current portion of amounts payable after more than one year | 42 | €19,392 | €19,465 | +€72 | +0.4% |
| Trade debts | 44 | €24,912 | €57,719 | +€32,806 | +131.7% |
| Suppliers | 440/4 | €24,912 | €57,719 | +€32,806 | +131.7% |
| Taxes, remuneration and social security | 45 | €44,530 | €49,135 | +€4,606 | +10.3% |
| Taxes | 450/3 | €44,530 | €49,135 | +€4,606 | +10.3% |
| Other amounts payable | 47/48 | €1,698 | - | -€1,698 | |
| Non-recurring operating income | 76A | €3,208 | €3,300 | +€92 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,191 | €42,681 | +€7,490 | +21.3% |
| Other operating charges | 640/8 | €1,205 | €1,341 | +€135 | +11.2% |
| Gross operating margin | 9900 | €98,989 | €132,480 | +€33,492 | +33.8% |
| Operating profit (loss) | 9901 | €62,592 | €88,458 | +€25,866 | +41.3% |
| Financial income | 75/76B | €472 | €371 | -€100 | -21.2% |
| Recurring financial income | 75 | €472 | €371 | -€100 | -21.2% |
| Financial charges | 65/66B | €2,206 | €2,036 | -€170 | -7.7% |
| Recurring financial charges | 65 | €2,206 | €2,036 | -€170 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €60,857 | €86,794 | +€25,937 | +42.6% |
| Transfer from deferred taxes | 780 | €694 | €2,528 | +€1,834 | +264.3% |
| Transfer to deferred taxes | 680 | - | €9,170 | +€9,170 | |
| Income taxes | 67/77 | €22,097 | €19,129 | -€2,968 | -13.4% |
| Profit (loss) for the period | 9904 | €39,454 | €61,023 | +€21,569 | +54.7% |
| Transfer from tax-exempt reserves | 789 | €2,081 | €7,583 | +€5,502 | +264.3% |
| Transfer to tax-exempt reserves | 689 | - | €27,509 | +€27,509 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,536 | €41,097 | -€438 | -1.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.