DESTENAY DISTRIBUTION: 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.
DESTENAY DISTRIBUTION
Largest movements
- Tangible fixed assets -€52,522
down €52,522 (-44.4%), from €118,280 to €65,759
of which Plant, machinery and equipment: -€52,393
- Receivables within one year +€50,541
up €50,541 (+158%), from €32,071 to €82,612
of which Other amounts receivable: +€48,710
- Cash -€46,209
down €46,209 (-27.0%), from €170,898 to €124,689
mainly Contributions, distributions and other (-€60,000) and Receivables within one year (-€50,541)
- Deferred charges and accrued income -€11,103
down €11,103 (-28.2%), from €39,379 to €28,276
- Stocks and contracts -€8,527
down €8,527 (-8.8%), from €97,301 to €88,774
- Current portion of long-term debt -€48,879
no longer reported in 2026 (was €48,879)
- Trade debts -€29,014
down €29,014 (-12.4%), from €234,711 to €205,697
- Other debts +€15,000
up €15,000 (+20.0%), from €75,000 to €90,000
- Accrued charges and deferred income -€12,172
down €12,172 (-66.4%), from €18,345 to €6,173
- Tax, wage and social debts +€5,081
up €5,081 (+17.4%), from €29,252 to €34,333
of which Remuneration and social security: +€5,538
- Staff costs -€59,399
down €59,399 (-21.4%), from €278,073 to €218,673
- Gross operating margin -€44,973
down €44,973 (-11.4%), from €395,502 to €350,529
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €457,928 | €390,108 | -€67,820 | -14.8% |
| Fixed assets | 21/28 | €118,280 | €65,759 | -€52,522 | -44.4% |
| Tangible fixed assets | 22/27 | €118,280 | €65,759 | -€52,522 | -44.4% |
| Plant, machinery and equipment | 23 | €117,949 | €65,556 | -€52,393 | -44.4% |
| Furniture and vehicles | 24 | €331 | €203 | -€128 | -38.7% |
| Current assets | 29/58 | €339,648 | €324,350 | -€15,298 | -4.5% |
| Stocks and contracts in progress | 3 | €97,301 | €88,774 | -€8,527 | -8.8% |
| Stocks | 30/36 | €97,301 | €88,774 | -€8,527 | -8.8% |
| Amounts receivable within one year | 40/41 | €32,071 | €82,612 | +€50,541 | +158% |
| Trade receivables | 40 | €10,248 | €12,079 | +€1,831 | +17.9% |
| Other amounts receivable | 41 | €21,823 | €70,533 | +€48,710 | +223% |
| Cash at bank and in hand | 54/58 | €170,898 | €124,689 | -€46,209 | -27.0% |
| Deferred charges and accrued income | 490/1 | €39,379 | €28,276 | -€11,103 | -28.2% |
| Total equity and liabilities | 10/49 | €457,928 | €390,108 | -€67,820 | -14.8% |
| Equity | 10/15 | €51,742 | €53,906 | +€2,164 | +4.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,742 | €33,906 | +€2,164 | +6.8% |
| Amounts payable | 17/49 | €406,187 | €336,203 | -€69,984 | -17.2% |
| Amounts payable within one year | 42/48 | €387,842 | €330,030 | -€57,812 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €48,879 | - | -€48,879 | |
| Trade debts | 44 | €234,711 | €205,697 | -€29,014 | -12.4% |
| Suppliers | 440/4 | €234,711 | €205,697 | -€29,014 | -12.4% |
| Taxes, remuneration and social security | 45 | €29,252 | €34,333 | +€5,081 | +17.4% |
| Taxes | 450/3 | €2,530 | €2,074 | -€456 | -18.0% |
| Remuneration and social security | 454/9 | €26,722 | €32,259 | +€5,538 | +20.7% |
| Other amounts payable | 47/48 | €75,000 | €90,000 | +€15,000 | +20.0% |
| Accrued charges and deferred income | 492/3 | €18,345 | €6,173 | -€12,172 | -66.4% |
| Remuneration, social security and pensions | 62 | €278,073 | €218,673 | -€59,399 | -21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,498 | €51,572 | -€926 | -1.8% |
| Other operating charges | 640/8 | €996 | €1,525 | +€529 | +53.1% |
| Gross operating margin | 9900 | €395,502 | €350,529 | -€44,973 | -11.4% |
| Operating profit (loss) | 9901 | €63,936 | €78,759 | +€14,823 | +23.2% |
| Financial income | 75/76B | €517 | €563 | +€46 | +8.9% |
| Recurring financial income | 75 | €517 | €563 | +€46 | +8.9% |
| Financial charges | 65/66B | €16,411 | €15,084 | -€1,328 | -8.1% |
| Recurring financial charges | 65 | €16,411 | €15,084 | -€1,328 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €48,041 | €64,238 | +€16,197 | +33.7% |
| Income taxes | 67/77 | €2,530 | €2,074 | -€456 | -18.0% |
| Profit (loss) for the period | 9904 | €45,511 | €62,164 | +€16,653 | +36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,511 | €62,164 | +€16,653 | +36.6% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.