ETS DUSSENNE PHILIPPE: 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.
ETS DUSSENNE PHILIPPE
Largest movements
- Tangible fixed assets -€2,607
down €2,607 (-65.2%), from €3,997 to €1,389
of which Plant, machinery and equipment: -€1,607
- Receivables within one year +€1,975
up €1,975 (+119%), from €1,664 to €3,638
of which Trade receivables: +€3,096
- Cash -€578
down €578 (-7.3%), from €7,972 to €7,393
mainly Other debts (-€2,319) and Receivables within one year (-€1,975)
- Intangible fixed assets -€200
down €200 (-25.0%), from €800 to €600
- Other debts -€2,319
down €2,319 (-27.0%), from €8,583 to €6,264
- Trade debts +€1,240
up €1,240 (+144%), from €864 to €2,104
- Tax, wage and social debts -€550
down €550 (-48.3%), from €1,138 to €589
- Profit (loss) carried forward +€217
up €217 (+224%), from €97 to €314
- Gross operating margin -€4,165
down €4,165 (-58.8%), from €7,088 to €2,923
- Taxes -€1,032
down €1,032 (-90.7%), from €1,138 to €106
- Depreciation -€612
down €612 (-27.8%), from €2,204 to €1,592
- Other operating charges -€246
down €246 (-21.1%), from €1,164 to €919
- Financial charges -€102
down €102 (-53.0%), from €192 to €90
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 | €14,432 | €13,021 | -€1,411 | -9.8% |
| Fixed assets | 21/28 | €4,796 | €1,989 | -€2,807 | -58.5% |
| Intangible fixed assets | 21 | €800 | €600 | -€200 | -25.0% |
| Tangible fixed assets | 22/27 | €3,997 | €1,389 | -€2,607 | -65.2% |
| Plant, machinery and equipment | 23 | €1,998 | €391 | -€1,607 | -80.4% |
| Furniture and vehicles | 24 | €1,998 | €998 | -€1,000 | -50.0% |
| Current assets | 29/58 | €9,635 | €11,032 | +€1,396 | +14.5% |
| Amounts receivable within one year | 40/41 | €1,664 | €3,638 | +€1,975 | +119% |
| Trade receivables | 40 | €224 | €3,320 | +€3,096 | +1,383% |
| Other amounts receivable | 41 | €1,440 | €318 | -€1,122 | -77.9% |
| Cash at bank and in hand | 54/58 | €7,972 | €7,393 | -€578 | -7.3% |
| Total equity and liabilities | 10/49 | €14,432 | €13,021 | -€1,411 | -9.8% |
| Equity | 10/15 | €3,847 | €4,064 | +€217 | +5.6% |
| Contributions | 10/11 | €1,450 | €1,450 | = | 0.0% |
| Reserves | 13 | €2,300 | €2,300 | = | 0.0% |
| Distributable reserves | 133 | €2,300 | €2,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97 | €314 | +€217 | +224% |
| Amounts payable | 17/49 | €10,585 | €8,957 | -€1,628 | -15.4% |
| Amounts payable within one year | 42/48 | €10,585 | €8,957 | -€1,628 | -15.4% |
| Trade debts | 44 | €864 | €2,104 | +€1,240 | +144% |
| Suppliers | 440/4 | €864 | €2,104 | +€1,240 | +144% |
| Taxes, remuneration and social security | 45 | €1,138 | €589 | -€550 | -48.3% |
| Taxes | 450/3 | €1,138 | €589 | -€550 | -48.3% |
| Other amounts payable | 47/48 | €8,583 | €6,264 | -€2,319 | -27.0% |
| Non-recurring operating income | 76A | - | €784 | +€784 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,204 | €1,592 | -€612 | -27.8% |
| Other operating charges | 640/8 | €1,164 | €919 | -€246 | -21.1% |
| Gross operating margin | 9900 | €7,088 | €2,923 | -€4,165 | -58.8% |
| Operating profit (loss) | 9901 | €3,720 | €413 | -€3,307 | -88.9% |
| Financial income | 75/76B | €7 | €0 | -€7 | -97.4% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -97.4% |
| Financial charges | 65/66B | €192 | €90 | -€102 | -53.0% |
| Recurring financial charges | 65 | €192 | €90 | -€102 | -53.0% |
| Profit (loss) for the period before taxes | 9903 | €3,535 | €323 | -€3,212 | -90.9% |
| Income taxes | 67/77 | €1,138 | €106 | -€1,032 | -90.7% |
| Profit (loss) for the period | 9904 | €2,397 | €217 | -€2,180 | -90.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,397 | €217 | -€2,180 | -90.9% |
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 20 October 2026 via checked.be.