DESTCO: 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.
DESTCO
Largest movements
- Receivables within one year +€205,525
up €205,525 (+1,226%), from €16,758 to €222,283
of which Other amounts receivable: +€205,384
- Cash -€97,429
down €97,429 (-99.7%), from €97,768 to €340
mainly Receivables within one year (-€205,525) and Net result for the year (-€80,195)
- Tangible fixed assets -€2,572
down €2,572 (-100%), from €2,572 to €0
- Other debts +€188,500
up €188,500 (+922%), from €20,455 to €208,955
- Reserves -€73,403
down €73,403 (-97.5%), from €75,263 to €1,860
of which Distributable reserves: -€73,403
- Profit (loss) carried forward -€6,792
new in 2025: -€6,792
- Trade debts -€2,781
down €2,781 (-100%), from €2,781 to €0
- Gross operating margin -€11,963
down €11,963 (-18.2%), from -€65,589 to -€77,552
- Financial income -€2,248
down €2,248 (-100%), from €2,248 to €0
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 | €117,098 | €222,623 | +€105,525 | +90.1% |
| Fixed assets | 21/28 | €2,572 | €0 | -€2,572 | -100% |
| Tangible fixed assets | 22/27 | €2,572 | €0 | -€2,572 | -100% |
| Furniture and vehicles | 24 | €2,572 | €0 | -€2,572 | -100% |
| Current assets | 29/58 | €114,527 | €222,623 | +€108,097 | +94.4% |
| Amounts receivable within one year | 40/41 | €16,758 | €222,283 | +€205,525 | +1,226% |
| Trade receivables | 40 | - | €141 | +€141 | |
| Other amounts receivable | 41 | €16,758 | €222,142 | +€205,384 | +1,226% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €97,768 | €340 | -€97,429 | -99.7% |
| Total equity and liabilities | 10/49 | €117,098 | €222,623 | +€105,525 | +90.1% |
| Equity | 10/15 | €93,863 | €13,668 | -€80,195 | -85.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €75,263 | €1,860 | -€73,403 | -97.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €73,403 | €0 | -€73,403 | -100% |
| Profit (loss) carried forward | 14 | - | -€6,792 | -€6,792 | |
| Amounts payable | 17/49 | €23,235 | €208,955 | +€185,719 | +799% |
| Amounts payable within one year | 42/48 | €23,235 | €208,955 | +€185,719 | +799% |
| Trade debts | 44 | €2,781 | €0 | -€2,781 | -100% |
| Suppliers | 440/4 | €2,781 | €0 | -€2,781 | -100% |
| Other amounts payable | 47/48 | €20,455 | €208,955 | +€188,500 | +922% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,572 | €2,572 | -€0 | 0.0% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | -€65,589 | -€77,552 | -€11,963 | -18.2% |
| Operating profit (loss) | 9901 | -€68,161 | -€80,124 | -€11,963 | -17.6% |
| Financial income | 75/76B | €2,248 | €0 | -€2,248 | -100% |
| Recurring financial income | 75 | €2,248 | €0 | -€2,248 | -100% |
| Financial charges | 65/66B | €103 | €71 | -€32 | -31.3% |
| Recurring financial charges | 65 | €103 | €71 | -€32 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | -€66,015 | -€80,195 | -€14,179 | -21.5% |
| Profit (loss) for the period | 9904 | -€66,015 | -€80,195 | -€14,179 | -21.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€66,015 | -€80,195 | -€14,179 | -21.5% |
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 17 October 2026 via checked.be.