DEZANDR: 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.
DEZANDR
Largest movements
- Cash +€8,322
up €8,322 (+29.1%), from €28,591 to €36,913
mainly Net result for the year (+€33,440) and Depreciation (+€9,049)
- Deferred charges and accrued income -€5,335
down €5,335 (-81.6%), from €6,537 to €1,203
- Receivables within one year -€3,434
down €3,434 (-25.8%), from €13,319 to €9,885
of which Trade receivables: -€2,520
- Tangible fixed assets -€1,219
down €1,219 (-5.0%), from €24,320 to €23,101
of which Furniture and vehicles: -€1,707
- Intangible fixed assets -€1,000
down €1,000 (-40.4%), from €2,477 to €1,477
- Reserves -€6,560
down €6,560 (-9.6%), from €68,476 to €61,916
- Tax, wage and social debts +€3,809
up €3,809 (+144.7%), from €2,632 to €6,441
of which Taxes: +€3,809
- Gross operating margin +€27,302
up €27,302 (+95.8%), from €28,506 to €55,808
- Taxes +€6,142
up €6,142 (+112.4%), from €5,462 to €11,604
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 | €75,243 | €72,578 | -€2,665 | -3.5% |
| Fixed assets | 21/28 | €26,797 | €24,578 | -€2,219 | -8.3% |
| Intangible fixed assets | 21 | €2,477 | €1,477 | -€1,000 | -40.4% |
| Tangible fixed assets | 22/27 | €24,320 | €23,101 | -€1,219 | -5.0% |
| Land and buildings | 22 | €16,188 | €17,871 | +€1,683 | +10.4% |
| Plant, machinery and equipment | 23 | €4,599 | €3,405 | -€1,194 | -26.0% |
| Furniture and vehicles | 24 | €3,533 | €1,825 | -€1,707 | -48.3% |
| Current assets | 29/58 | €48,446 | €48,000 | -€446 | -0.9% |
| Amounts receivable within one year | 40/41 | €13,319 | €9,885 | -€3,434 | -25.8% |
| Trade receivables | 40 | €12,394 | €9,874 | -€2,520 | -20.3% |
| Other amounts receivable | 41 | €925 | €11 | -€914 | -98.8% |
| Cash at bank and in hand | 54/58 | €28,591 | €36,913 | +€8,322 | +29.1% |
| Deferred charges and accrued income | 490/1 | €6,537 | €1,203 | -€5,335 | -81.6% |
| Total equity and liabilities | 10/49 | €75,243 | €72,578 | -€2,665 | -3.5% |
| Equity | 10/15 | €71,476 | €64,916 | -€6,560 | -9.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €68,476 | €61,916 | -€6,560 | -9.6% |
| Distributable reserves | 133 | €68,476 | €61,916 | -€6,560 | -9.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €3,767 | €7,662 | +€3,895 | +103.4% |
| Amounts payable within one year | 42/48 | €3,767 | €7,662 | +€3,895 | +103.4% |
| Financial debts | 43 | €417 | €356 | -€62 | -14.8% |
| Credit institutions | 430/8 | €417 | €356 | -€62 | -14.8% |
| Trade debts | 44 | €578 | €726 | +€148 | +25.6% |
| Suppliers | 440/4 | €578 | €726 | +€148 | +25.6% |
| Taxes, remuneration and social security | 45 | €2,632 | €6,441 | +€3,809 | +144.7% |
| Taxes | 450/3 | €0 | €3,809 | +€3,809 | |
| Remuneration and social security | 454/9 | €2,632 | €2,632 | = | 0.0% |
| Other amounts payable | 47/48 | €140 | €140 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,383 | €9,049 | -€334 | -3.6% |
| Other operating charges | 640/8 | €350 | €587 | +€237 | +67.8% |
| Gross operating margin | 9900 | €28,506 | €55,808 | +€27,302 | +95.8% |
| Operating profit (loss) | 9901 | €18,773 | €46,172 | +€27,399 | +146.0% |
| Financial charges | 65/66B | €1,264 | €1,128 | -€136 | -10.8% |
| Recurring financial charges | 65 | €1,264 | €1,128 | -€136 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €17,509 | €45,044 | +€27,535 | +157.3% |
| Income taxes | 67/77 | €5,462 | €11,604 | +€6,142 | +112.4% |
| Profit (loss) for the period | 9904 | €12,047 | €33,440 | +€21,393 | +177.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,047 | €33,440 | +€21,393 | +177.6% |
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 12 October 2026 via checked.be.