DESOTEC: 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.
DESOTEC
Largest movements
- Cash +€20,397
up €20,397 (+83.6%), from €24,396 to €44,793
mainly Net result for the year (+€14,303) and Depreciation (+€5,301)
- Tangible fixed assets -€5,301
down €5,301 (-4.4%), from €121,412 to €116,111
- Reserves +€14,000
up €14,000 (+30.2%), from €46,359 to €60,359
- Gross operating margin -€1,752
down €1,752 (-7.0%), from €25,134 to €23,382
- Other operating charges +€283
up €283 (+14.6%), from €1,941 to €2,224
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 | €148,083 | €162,556 | +€14,473 | +9.8% |
| Fixed assets | 21/28 | €121,412 | €116,111 | -€5,301 | -4.4% |
| Tangible fixed assets | 22/27 | €121,412 | €116,111 | -€5,301 | -4.4% |
| Land and buildings | 22 | €121,412 | €116,111 | -€5,301 | -4.4% |
| Current assets | 29/58 | €26,671 | €46,445 | +€19,774 | +74.1% |
| Amounts receivable within one year | 40/41 | €758 | €72 | -€686 | -90.5% |
| Trade receivables | 40 | €34 | €34 | = | 0.0% |
| Other amounts receivable | 41 | €724 | €38 | -€686 | -94.7% |
| Cash at bank and in hand | 54/58 | €24,396 | €44,793 | +€20,397 | +83.6% |
| Deferred charges and accrued income | 490/1 | €1,517 | €1,580 | +€63 | +4.1% |
| Total equity and liabilities | 10/49 | €148,083 | €162,556 | +€14,473 | +9.8% |
| Equity | 10/15 | €144,592 | €158,895 | +€14,303 | +9.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €46,359 | €60,359 | +€14,000 | +30.2% |
| Distributable reserves | 133 | €46,359 | €60,359 | +€14,000 | +30.2% |
| Profit (loss) carried forward | 14 | €79,641 | €79,944 | +€303 | +0.4% |
| Amounts payable | 17/49 | €3,491 | €3,661 | +€170 | +4.9% |
| Amounts payable within one year | 42/48 | €3,491 | €3,661 | +€170 | +4.9% |
| Trade debts | 44 | €1,891 | €2,147 | +€256 | +13.6% |
| Suppliers | 440/4 | €1,891 | €2,147 | +€256 | +13.6% |
| Taxes, remuneration and social security | 45 | €1,600 | €1,514 | -€86 | -5.4% |
| Taxes | 450/3 | €1,600 | €1,514 | -€86 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,301 | €5,301 | = | 0.0% |
| Other operating charges | 640/8 | €1,941 | €2,224 | +€283 | +14.6% |
| Gross operating margin | 9900 | €25,134 | €23,382 | -€1,752 | -7.0% |
| Operating profit (loss) | 9901 | €17,892 | €15,857 | -€2,035 | -11.4% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.1% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €17,849 | €15,817 | -€2,032 | -11.4% |
| Income taxes | 67/77 | €1,600 | €1,514 | -€86 | -5.4% |
| Profit (loss) for the period | 9904 | €16,249 | €14,303 | -€1,945 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,249 | €14,303 | -€1,945 | -12.0% |
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 18 October 2026 via checked.be.