DESVO: 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.
DESVO
Largest movements
- Stocks and contracts -€4,438
down €4,438 (-30.0%), from €14,793 to €10,355
- Receivables within one year -€831
down €831 (-28.8%), from €2,880 to €2,049
of which Trade receivables: -€1,395
- Profit (loss) carried forward -€11,191
down €11,191 (-33.8%), from -€33,105 to -€44,296
- Trade debts +€3,487
up €3,487 (+2,768%), from €126 to €3,613
- Other debts +€2,524
up €2,524 (+5.9%), from €42,972 to €45,497
- Other operating charges +€3,529
up €3,529 (+309%), from €1,143 to €4,673
- Write-downs +€1,827
up €1,827 (+70.0%), from €2,611 to €4,438
- Gross operating margin -€340
down €340 (-20.5%), from -€1,660 to -€2,000
- Financial charges +€49
up €49 (+155%), from €31 to €80
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 | €17,673 | €12,494 | -€5,179 | -29.3% |
| Current assets | 29/58 | €17,673 | €12,494 | -€5,179 | -29.3% |
| Stocks and contracts in progress | 3 | €14,793 | €10,355 | -€4,438 | -30.0% |
| Stocks | 30/36 | €14,793 | €10,355 | -€4,438 | -30.0% |
| Amounts receivable within one year | 40/41 | €2,880 | €2,049 | -€831 | -28.8% |
| Trade receivables | 40 | €1,577 | €182 | -€1,395 | -88.5% |
| Other amounts receivable | 41 | €1,303 | €1,868 | +€565 | +43.3% |
| Cash at bank and in hand | 54/58 | - | €89 | +€89 | |
| Total equity and liabilities | 10/49 | €17,673 | €12,494 | -€5,179 | -29.3% |
| Equity | 10/15 | -€26,905 | -€38,096 | -€11,191 | -41.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,105 | -€44,296 | -€11,191 | -33.8% |
| Amounts payable | 17/49 | €44,577 | €50,589 | +€6,012 | +13.5% |
| Amounts payable within one year | 42/48 | €44,577 | €50,589 | +€6,012 | +13.5% |
| Trade debts | 44 | €126 | €3,613 | +€3,487 | +2,768% |
| Suppliers | 440/4 | €126 | €3,613 | +€3,487 | +2,768% |
| Taxes, remuneration and social security | 45 | €1,479 | €1,479 | = | 0.0% |
| Taxes | 450/3 | €1,479 | €1,479 | = | 0.0% |
| Other amounts payable | 47/48 | €42,972 | €45,497 | +€2,524 | +5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,611 | €4,438 | +€1,827 | +70.0% |
| Other operating charges | 640/8 | €1,143 | €4,673 | +€3,529 | +309% |
| Gross operating margin | 9900 | -€1,660 | -€2,000 | -€340 | -20.5% |
| Operating profit (loss) | 9901 | -€5,414 | -€11,111 | -€5,697 | -105% |
| Financial charges | 65/66B | €31 | €80 | +€49 | +155% |
| Recurring financial charges | 65 | €31 | €80 | +€49 | +155% |
| Profit (loss) for the period before taxes | 9903 | -€5,445 | -€11,191 | -€5,746 | -106% |
| Profit (loss) for the period | 9904 | -€5,445 | -€11,191 | -€5,746 | -106% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,445 | -€11,191 | -€5,746 | -106% |
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 13 October 2026 via checked.be.