Desteldent: what changed
Two fiscal 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.
Desteldent
Largest movements
- Tangible fixed assets +€546,737
up €546,737 (+42.7%), from €1.3m to €1.8m
of which Land and buildings: +€655,350
- Receivables within one year +€246,105
up €246,105 (+12486.3%), from €1,971 to €248,076
of which Trade receivables: +€246,105
- Cash -€46,186
down €46,186 (-13.9%), from €331,977 to €285,791
mainly Investment in fixed assets (net) (-€698,435) and Receivables within one year (-€246,105)
- Reserves +€440,000
up €440,000 (+300.5%), from €146,422 to €586,422
of which Distributable reserves: +€440,000
- Debts after one year +€329,236
up €329,236 (+69.7%), from €472,251 to €801,486
- Accrued charges and deferred income -€66,593
no longer reported in 2024 (was €66,593)
- Current portion of long-term debt +€54,339
up €54,339 (+291.7%), from €18,630 to €72,969
- Tax, wage and social debts +€46,583
up €46,583 (+96.3%), from €48,370 to €94,954
of which Taxes: +€43,260
- Gross operating margin +€331,924
up €331,924 (+55.5%), from €598,476 to €930,400
- Taxes +€133,924
up €133,924 (+238.6%), from €56,133 to €190,057
- Depreciation -€49,970
down €49,970 (-24.8%), from €201,668 to €151,698
- Staff costs +€21,013
up €21,013 (+18.0%), from €116,446 to €137,460
- Financial charges -€11,921
down €11,921 (-62.5%), from €19,076 to €7,155
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,614,877 | €2,368,802 | +€753,926 | +46.7% |
| Fixed assets | 21/28 | €1,280,772 | €1,827,509 | +€546,737 | +42.7% |
| Tangible fixed assets | 22/27 | €1,280,747 | €1,827,484 | +€546,737 | +42.7% |
| Land and buildings | 22 | €893,990 | €1,549,340 | +€655,350 | +73.3% |
| Plant, machinery and equipment | 23 | €201,170 | €147,189 | -€53,981 | -26.8% |
| Furniture and vehicles | 24 | €185,587 | €130,955 | -€54,632 | -29.4% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €334,105 | €541,293 | +€207,188 | +62.0% |
| Amounts receivable within one year | 40/41 | €1,971 | €248,076 | +€246,105 | +12486.3% |
| Trade receivables | 40 | €1,875 | €247,980 | +€246,105 | +13125.6% |
| Other amounts receivable | 41 | €96 | €96 | = | 0.0% |
| Current investments | 50/53 | €157 | - | -€157 | |
| Cash at bank and in hand | 54/58 | €331,977 | €285,791 | -€46,186 | -13.9% |
| Deferred charges and accrued income | 490/1 | - | €7,426 | +€7,426 | |
| Total equity and liabilities | 10/49 | €1,614,877 | €2,368,802 | +€753,926 | +46.7% |
| Equity | 10/15 | €817,516 | €1,257,876 | +€440,359 | +53.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €146,422 | €586,422 | +€440,000 | +300.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,700 | €15,700 | = | 0.0% |
| Distributable reserves | 133 | €128,862 | €568,862 | +€440,000 | +341.5% |
| Profit (loss) carried forward | 14 | €652,495 | €652,854 | +€359 | +0.1% |
| Amounts payable | 17/49 | €797,360 | €1,110,927 | +€313,566 | +39.3% |
| Amounts payable after more than one year | 17 | €472,251 | €801,486 | +€329,236 | +69.7% |
| Financial debts | 170/4 | €472,251 | €801,486 | +€329,236 | +69.7% |
| Amounts payable within one year | 42/48 | €258,517 | €309,441 | +€50,923 | +19.7% |
| Current portion of amounts payable after more than one year | 42 | €18,630 | €72,969 | +€54,339 | +291.7% |
| Trade debts | 44 | €184,258 | €141,518 | -€42,739 | -23.2% |
| Suppliers | 440/4 | €184,258 | €141,518 | -€42,739 | -23.2% |
| Taxes, remuneration and social security | 45 | €48,370 | €94,954 | +€46,583 | +96.3% |
| Taxes | 450/3 | €27,067 | €70,327 | +€43,260 | +159.8% |
| Remuneration and social security | 454/9 | €21,303 | €24,626 | +€3,324 | +15.6% |
| Other amounts payable | 47/48 | €7,259 | - | -€7,259 | |
| Accrued charges and deferred income | 492/3 | €66,593 | - | -€66,593 | |
| Remuneration, social security and pensions | 62 | €116,446 | €137,460 | +€21,013 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €201,668 | €151,698 | -€49,970 | -24.8% |
| Other operating charges | 640/8 | €8,345 | €3,727 | -€4,618 | -55.3% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €598,476 | €930,400 | +€331,924 | +55.5% |
| Operating profit (loss) | 9901 | €272,017 | €637,451 | +€365,435 | +134.3% |
| Financial income | 75/76B | €0 | €120 | +€120 | +63057.9% |
| Recurring financial income | 75 | €0 | €120 | +€120 | +63057.9% |
| Financial charges | 65/66B | €19,076 | €7,155 | -€11,921 | -62.5% |
| Recurring financial charges | 65 | €19,076 | €7,155 | -€11,921 | -62.5% |
| Profit (loss) for the period before taxes | 9903 | €252,941 | €630,416 | +€377,476 | +149.2% |
| Income taxes | 67/77 | €56,133 | €190,057 | +€133,924 | +238.6% |
| Profit (loss) for the period | 9904 | €196,808 | €440,359 | +€243,551 | +123.8% |
| Profit (loss) for the period to be appropriated | 9905 | €196,808 | €440,359 | +€243,551 | +123.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.