DUSSART & PARTNERS: 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.
DUSSART & PARTNERS
Largest movements
- Receivables within one year -€257,524
down €257,524 (-89.8%), from €286,932 to €29,408
of which Trade receivables: -€258,208
- Cash +€54,300
up €54,300 (+119%), from €45,571 to €99,871
mainly Receivables within one year (+€257,524) and Short-term financial debts (+€65,184)
- Intangible fixed assets -€39,174
down €39,174 (-12.7%), from €308,888 to €269,714
- Profit (loss) carried forward -€128,587
down €128,587, from €25,082 to -€103,505
- Trade debts -€105,320
down €105,320 (-60.4%), from €174,259 to €68,939
- Debts after one year -€86,807
down €86,807 (-23.6%), from €368,602 to €281,796
of which Other amounts payable: -€69,146
- Short-term financial debts +€65,184
new in 2025: €65,184
- Tax, wage and social debts +€19,989
up €19,989 (+70.2%), from €28,464 to €48,453
of which Taxes: +€12,702
- Gross operating margin -€178,124
down €178,124 (-52.2%), from €340,986 to €162,861
- Staff costs +€28,392
up €28,392 (+14.4%), from €197,470 to €225,862
- Financial charges +€10,070
up €10,070 (+233%), from €4,330 to €14,400
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 | €672,283 | €425,929 | -€246,354 | -36.6% |
| Fixed assets | 21/28 | €332,923 | €289,210 | -€43,712 | -13.1% |
| Intangible fixed assets | 21 | €308,888 | €269,714 | -€39,174 | -12.7% |
| Tangible fixed assets | 22/27 | €24,035 | €18,366 | -€5,669 | -23.6% |
| Furniture and vehicles | 24 | €24,035 | €18,366 | -€5,669 | -23.6% |
| Financial fixed assets | 28 | - | €1,130 | +€1,130 | |
| Current assets | 29/58 | €339,361 | €136,719 | -€202,641 | -59.7% |
| Amounts receivable within one year | 40/41 | €286,932 | €29,408 | -€257,524 | -89.8% |
| Trade receivables | 40 | €282,915 | €24,706 | -€258,208 | -91.3% |
| Other amounts receivable | 41 | €4,018 | €4,702 | +€684 | +17.0% |
| Cash at bank and in hand | 54/58 | €45,571 | €99,871 | +€54,300 | +119% |
| Deferred charges and accrued income | 490/1 | €6,858 | €7,440 | +€583 | +8.5% |
| Total equity and liabilities | 10/49 | €672,283 | €425,929 | -€246,354 | -36.6% |
| Equity | 10/15 | €45,082 | -€83,505 | -€128,587 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,082 | -€103,505 | -€128,587 | |
| Amounts payable | 17/49 | €627,201 | €509,434 | -€117,767 | -18.8% |
| Amounts payable after more than one year | 17 | €368,602 | €281,796 | -€86,807 | -23.6% |
| Financial debts | 170/4 | €43,701 | €26,040 | -€17,661 | -40.4% |
| Other amounts payable | 178/9 | €324,901 | €255,755 | -€69,146 | -21.3% |
| Amounts payable within one year | 42/48 | €258,599 | €227,366 | -€31,233 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €16,826 | €17,661 | +€834 | +5.0% |
| Financial debts | 43 | - | €65,184 | +€65,184 | |
| Credit institutions | 430/8 | - | €65,184 | +€65,184 | |
| Trade debts | 44 | €174,259 | €68,939 | -€105,320 | -60.4% |
| Suppliers | 440/4 | €174,259 | €68,939 | -€105,320 | -60.4% |
| Advances received on contracts in progress | 46 | €39,050 | €27,130 | -€11,920 | -30.5% |
| Taxes, remuneration and social security | 45 | €28,464 | €48,453 | +€19,989 | +70.2% |
| Taxes | 450/3 | €5,798 | €18,500 | +€12,702 | +219% |
| Remuneration and social security | 454/9 | €22,666 | €29,954 | +€7,287 | +32.1% |
| Accrued charges and deferred income | 492/3 | - | €272 | +€272 | |
| Remuneration, social security and pensions | 62 | €197,470 | €225,862 | +€28,392 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,945 | €49,269 | +€1,324 | +2.8% |
| Other operating charges | 640/8 | €976 | €1,913 | +€937 | +96.1% |
| Gross operating margin | 9900 | €340,986 | €162,861 | -€178,124 | -52.2% |
| Operating profit (loss) | 9901 | €94,595 | -€114,183 | -€208,778 | |
| Financial income | 75/76B | €37 | €231 | +€193 | +517% |
| Recurring financial income | 75 | €37 | €231 | +€193 | +517% |
| Financial charges | 65/66B | €4,330 | €14,400 | +€10,070 | +233% |
| Recurring financial charges | 65 | €4,330 | €14,400 | +€10,070 | +233% |
| Profit (loss) for the period before taxes | 9903 | €90,302 | -€128,352 | -€218,654 | |
| Income taxes | 67/77 | €3,371 | €235 | -€3,136 | -93.0% |
| Profit (loss) for the period | 9904 | €86,932 | -€128,587 | -€215,518 | |
| Profit (loss) for the period to be appropriated | 9905 | €86,932 | -€128,587 | -€215,518 |
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 31 October 2026 via checked.be.