DESTHIN: 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.
DESTHIN
Largest movements
- Cash +€74,967
up €74,967 (+27.9%), from €268,718 to €343,685
mainly Net result for the year (+€121,843) and Depreciation (+€68,226)
- Receivables within one year +€54,717
up €54,717 (+64.8%), from €84,501 to €139,218
of which Other amounts receivable: +€72,991
- Tangible fixed assets -€26,521
down €26,521 (-10.2%), from €261,106 to €234,585
of which Furniture and vehicles: -€14,816
- Intangible fixed assets -€16,000
down €16,000 (-14.8%), from €108,000 to €92,000
- Profit (loss) carried forward +€46,843
up €46,843 (+20.1%), from €232,721 to €279,564
- Tax, wage and social debts +€42,351
up €42,351 (+43.5%), from €97,252 to €139,603
of which Taxes: +€26,875
- Current portion of long-term debt +€27,053
up €27,053 (+25.8%), from €105,027 to €132,080
- Debts after one year -€25,669
down €25,669 (-10.5%), from €244,137 to €218,469
of which Financial debts: -€26,362
- Staff costs +€226,254
up €226,254 (+23.8%), from €949,925 to €1.2m
- Gross operating margin +€130,084
up €130,084 (+9.7%), from €1.3m to €1.5m
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 | €847,608 | €929,266 | +€81,658 | +9.6% |
| Fixed assets | 21/28 | €370,464 | €327,943 | -€42,521 | -11.5% |
| Intangible fixed assets | 21 | €108,000 | €92,000 | -€16,000 | -14.8% |
| Tangible fixed assets | 22/27 | €261,106 | €234,585 | -€26,521 | -10.2% |
| Land and buildings | 22 | €113,224 | €110,484 | -€2,740 | -2.4% |
| Plant, machinery and equipment | 23 | €82,163 | €73,199 | -€8,964 | -10.9% |
| Furniture and vehicles | 24 | €65,719 | €50,902 | -€14,816 | -22.5% |
| Financial fixed assets | 28 | €1,358 | €1,358 | = | 0.0% |
| Current assets | 29/58 | €477,144 | €601,323 | +€124,179 | +26.0% |
| Stocks and contracts in progress | 3 | €37,155 | €36,374 | -€781 | -2.1% |
| Stocks | 30/36 | €37,155 | €36,374 | -€781 | -2.1% |
| Amounts receivable within one year | 40/41 | €84,501 | €139,218 | +€54,717 | +64.8% |
| Trade receivables | 40 | €53,336 | €35,062 | -€18,274 | -34.3% |
| Other amounts receivable | 41 | €31,165 | €104,156 | +€72,991 | +234% |
| Current investments | 50/53 | €45,031 | €40,128 | -€4,903 | -10.9% |
| Cash at bank and in hand | 54/58 | €268,718 | €343,685 | +€74,967 | +27.9% |
| Deferred charges and accrued income | 490/1 | €41,739 | €41,918 | +€179 | +0.4% |
| Total equity and liabilities | 10/49 | €847,608 | €929,266 | +€81,658 | +9.6% |
| Equity | 10/15 | €253,181 | €300,024 | +€46,843 | +18.5% |
| 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 | €232,721 | €279,564 | +€46,843 | +20.1% |
| Amounts payable | 17/49 | €594,426 | €629,242 | +€34,815 | +5.9% |
| Amounts payable after more than one year | 17 | €244,137 | €218,469 | -€25,669 | -10.5% |
| Financial debts | 170/4 | €244,137 | €217,775 | -€26,362 | -10.8% |
| Other amounts payable | 178/9 | - | €694 | +€694 | |
| Amounts payable within one year | 42/48 | €347,243 | €406,558 | +€59,315 | +17.1% |
| Current portion of amounts payable after more than one year | 42 | €105,027 | €132,080 | +€27,053 | +25.8% |
| Trade debts | 44 | €65,366 | €60,651 | -€4,714 | -7.2% |
| Suppliers | 440/4 | €65,366 | €60,651 | -€4,714 | -7.2% |
| Taxes, remuneration and social security | 45 | €97,252 | €139,603 | +€42,351 | +43.5% |
| Taxes | 450/3 | €16,678 | €43,552 | +€26,875 | +161% |
| Remuneration and social security | 454/9 | €80,574 | €96,051 | +€15,476 | +19.2% |
| Other amounts payable | 47/48 | €79,599 | €74,224 | -€5,375 | -6.8% |
| Accrued charges and deferred income | 492/3 | €3,046 | €4,215 | +€1,169 | +38.4% |
| Remuneration, social security and pensions | 62 | €949,925 | €1,176,179 | +€226,254 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,047 | €68,226 | +€3,179 | +4.9% |
| Other operating charges | 640/8 | €1,058 | €5,186 | +€4,129 | +390% |
| Gross operating margin | 9900 | €1,335,790 | €1,465,874 | +€130,084 | +9.7% |
| Operating profit (loss) | 9901 | €319,761 | €216,283 | -€103,479 | -32.4% |
| Financial income | 75/76B | €3,169 | €1,830 | -€1,339 | -42.2% |
| Recurring financial income | 75 | €3,169 | €1,830 | -€1,339 | -42.2% |
| Financial charges | 65/66B | €17,470 | €20,666 | +€3,196 | +18.3% |
| Recurring financial charges | 65 | €17,470 | €20,666 | +€3,196 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | €305,460 | €197,446 | -€108,014 | -35.4% |
| Income taxes | 67/77 | €76,793 | €75,603 | -€1,189 | -1.5% |
| Profit (loss) for the period | 9904 | €228,667 | €121,843 | -€106,824 | -46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €228,667 | €121,843 | -€106,824 | -46.7% |
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.