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DESUTTER MANAGEMENT: 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.

What changed

DESUTTER MANAGEMENT

BE 0687.540.156
NACE 64.210, Activities of holding companies
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€66,189
2023 · €61,377+€4,812
Equity
€32,086
2023 · €24,720+€7,366
Cash
€84,351
2023 · €86,593-€2,242
Balance sheet total
€107,984
2023 · €109,662-€1,678

Largest movements

2023 to 2024
Assets
  • Cash -€2,242

    down €2,242 (-2.6%), from €86,593 to €84,351

    mainly Contributions, distributions and other (-€58,824) and Other debts (-€9,500)

Equity and liabilities
  • Other debts -€9,500

    down €9,500 (-16.0%), from €59,500 to €50,000

  • Reserves +€7,366

    up €7,366 (+120.4%), from €6,120 to €13,486

    of which Distributable reserves: +€7,366

Income statement
  • Gross operating margin +€5,491

    up €5,491 (+6.9%), from €79,263 to €84,755

  • Taxes +€1,413

    up €1,413 (+8.6%), from €16,479 to €17,891

From the 2023 result to the 2024 result

effect on the 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 2023 €61,377
Gross operating margin +€5,491
Depreciation +€49
Other operating charges -€59
Other operating items +€191
Financial income +€553
Financial charges +€0
Taxes -€1,413
Result 2024 €66,189

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€57,561
Investment -€980
Financing -€58,824
Cash 2023 €86,593
Net result for the year +€66,189
Depreciation +€907
Receivables within one year -€261
Deferred charges and accrued income -€230
Trade debts +€328
Tax, wage and social debts +€128
Other debts -€9,500
Investment in fixed assets (net) -€980
Contributions, distributions and other -€58,824
Cash 2024 €84,351
Every line side by side 38 lines
Line Code 2023 2024 Change %
Total assets 20/58 €109,662 €107,984 -€1,678 -1.5%
Fixed assets 21/28 €1,939 €2,011 +€72 +3.7%
Tangible fixed assets 22/27 €1,939 €2,011 +€72 +3.7%
Furniture and vehicles 24 €1,939 €2,011 +€72 +3.7%
Current assets 29/58 €107,723 €105,973 -€1,750 -1.6%
Amounts receivable within one year 40/41 €20,956 €21,218 +€261 +1.2%
Trade receivables 40 €16,117 €16,356 +€238 +1.5%
Other amounts receivable 41 €4,839 €4,862 +€23 +0.5%
Cash at bank and in hand 54/58 €86,593 €84,351 -€2,242 -2.6%
Deferred charges and accrued income 490/1 €174 €404 +€230 +132.3%
Total equity and liabilities 10/49 €109,662 €107,984 -€1,678 -1.5%
Equity 10/15 €24,720 €32,086 +€7,366 +29.8%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €6,120 €13,486 +€7,366 +120.4%
Non-distributable reserves 130/1 €0 - =
Reserves not available under the articles 1311 €0 - =
Distributable reserves 133 €6,120 €13,486 +€7,366 +120.4%
Profit (loss) carried forward 14 €0 €0 =
Amounts payable 17/49 €84,942 €75,898 -€9,044 -10.6%
Amounts payable within one year 42/48 €84,942 €75,898 -€9,044 -10.6%
Trade debts 44 €1,700 €2,028 +€328 +19.3%
Suppliers 440/4 €1,700 €2,028 +€328 +19.3%
Taxes, remuneration and social security 45 €23,742 €23,870 +€128 +0.5%
Taxes 450/3 €23,742 €23,870 +€128 +0.5%
Other amounts payable 47/48 €59,500 €50,000 -€9,500 -16.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €956 €907 -€49 -5.1%
Other operating charges 640/8 €562 €621 +€59 +10.5%
Non-recurring operating charges 66A €191 €0 -€191 -100.0%
Gross operating margin 9900 €79,263 €84,755 +€5,491 +6.9%
Operating profit (loss) 9901 €77,554 €83,226 +€5,672 +7.3%
Financial income 75/76B €415 €968 +€553 +133.3%
Recurring financial income 75 €415 €968 +€553 +133.3%
Financial charges 65/66B €114 €114 -€0 -0.1%
Recurring financial charges 65 €114 €114 -€0 -0.1%
Profit (loss) for the period before taxes 9903 €77,855 €84,080 +€6,225 +8.0%
Income taxes 67/77 €16,479 €17,891 +€1,413 +8.6%
Profit (loss) for the period 9904 €61,377 €66,189 +€4,812 +7.8%
Profit (loss) for the period to be appropriated 9905 €61,377 €66,189 +€4,812 +7.8%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.