DEST: 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.
DEST
Largest movements
- Cash -€206,684
down €206,684 (-90.0%), from €229,600 to €22,916
mainly Contributions, distributions and other (-€250,000) and Investment in fixed assets (net) (-€70,900)
- Tangible fixed assets +€56,972
up €56,972 (+1,057%), from €5,392 to €62,364
of which Furniture and vehicles: +€57,149
- Profit (loss) carried forward -€190,480
down €190,480 (-82.0%), from €232,177 to €41,697
- Other debts +€42,745
up €42,745 (+1,642%), from €2,603 to €45,348
- Trade debts -€4,376
down €4,376 (-100%), from €4,376 to €0
- Gross operating margin +€51,566
up €51,566 (+137%), from €37,607 to €89,174
- Taxes +€9,201
up €9,201 (+146%), from €6,307 to €15,507
- Depreciation +€4,422
up €4,422 (+46.5%), from €9,507 to €13,928
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 | €259,616 | €107,505 | -€152,111 | -58.6% |
| Fixed assets | 21/28 | €5,432 | €62,404 | +€56,972 | +1,049% |
| Tangible fixed assets | 22/27 | €5,392 | €62,364 | +€56,972 | +1,057% |
| Plant, machinery and equipment | 23 | €773 | €795 | +€22 | +2.8% |
| Furniture and vehicles | 24 | €4,420 | €61,569 | +€57,149 | +1,293% |
| Other tangible fixed assets | 26 | €199 | €0 | -€199 | -100% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €254,184 | €45,101 | -€209,083 | -82.3% |
| Stocks and contracts in progress | 3 | €3,532 | €2,095 | -€1,437 | -40.7% |
| Stocks | 30/36 | €3,532 | €2,095 | -€1,437 | -40.7% |
| Amounts receivable within one year | 40/41 | €17,732 | €18,376 | +€644 | +3.6% |
| Trade receivables | 40 | €12,851 | €14,656 | +€1,805 | +14.0% |
| Other amounts receivable | 41 | €4,881 | €3,719 | -€1,162 | -23.8% |
| Cash at bank and in hand | 54/58 | €229,600 | €22,916 | -€206,684 | -90.0% |
| Deferred charges and accrued income | 490/1 | €3,320 | €1,715 | -€1,606 | -48.4% |
| Total equity and liabilities | 10/49 | €259,616 | €107,505 | -€152,111 | -58.6% |
| Equity | 10/15 | €252,637 | €62,157 | -€190,480 | -75.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €232,177 | €41,697 | -€190,480 | -82.0% |
| Amounts payable | 17/49 | €6,979 | €45,348 | +€38,369 | +550% |
| Amounts payable within one year | 42/48 | €6,979 | €45,348 | +€38,369 | +550% |
| Trade debts | 44 | €4,376 | €0 | -€4,376 | -100% |
| Suppliers | 440/4 | €4,376 | €0 | -€4,376 | -100% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,603 | €45,348 | +€42,745 | +1,642% |
| Non-recurring operating income | 76A | - | €4,857 | +€4,857 | |
| Remuneration, social security and pensions | 62 | €237 | €404 | +€167 | +70.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,507 | €13,928 | +€4,422 | +46.5% |
| Other operating charges | 640/8 | €948 | €855 | -€93 | -9.8% |
| Non-recurring operating charges | 66A | €1,521 | €0 | -€1,521 | -100% |
| Gross operating margin | 9900 | €37,607 | €89,174 | +€51,566 | +137% |
| Operating profit (loss) | 9901 | €25,394 | €73,986 | +€48,592 | +191% |
| Financial income | 75/76B | €1,497 | €1,138 | -€359 | -24.0% |
| Recurring financial income | 75 | €1,497 | €1,138 | -€359 | -24.0% |
| Financial charges | 65/66B | €69 | €97 | +€28 | +40.9% |
| Recurring financial charges | 65 | €69 | €97 | +€28 | +40.9% |
| Profit (loss) for the period before taxes | 9903 | €26,822 | €75,027 | +€48,205 | +180% |
| Income taxes | 67/77 | €6,307 | €15,507 | +€9,201 | +146% |
| Profit (loss) for the period | 9904 | €20,516 | €59,520 | +€39,004 | +190% |
| Profit (loss) for the period to be appropriated | 9905 | €20,516 | €59,520 | +€39,004 | +190% |
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 15 October 2026 via checked.be.