Destilink Finco: what changed
What changed
Destilink Finco
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
-€2.2m
2024 · -€1.4m-€820,249
Equity
€366,210
2024 · €2.5m-€2.2m
Cash
€74,761
2024 · €535,465-€460,704
Balance sheet total
€327.1m
2024 · €327.9m-€887,333
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial income -€5.2m
down €5.2m (-15.5%), from €33.8m to €28.6m
- Financial charges -€5.0m
down €5.0m (-14.3%), from €34.9m to €29.9m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€1.4m
Staff costs
-€8,321
Other operating charges
+€178
Other operating items
+€1,456
Financial income
-€5.2m
Financial charges
+€5.0m
Taxes
-€562,202
Result 2025
-€2.2m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1.3m
Investment
+€194,060
Financing
+€693,863
Cash 2024
€535,465
From operations (derived)
-€1.3m
Net result for the year
-€2.2m
Receivables within one year
+€232,478
Deferred charges and accrued income
+€91
Trade debts
-€16,538
Tax, wage and social debts
+€531,224
Accrued charges and deferred income
+€77,255
Investment (derived)
+€194,060
Investment in fixed assets (net)
+€194,060
Financing
+€693,863
Short-term financial debts
+€693,863
Cash 2025
€74,761
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €327,945,138 | €327,057,805 | -€887,333 | -0.3% |
| Fixed assets | 21/28 | €324,983,979 | €324,789,920 | -€194,060 | -0.1% |
| Financial fixed assets | 28 | €324,983,979 | €324,789,920 | -€194,060 | -0.1% |
| Affiliated companies | 280/1 | €324,983,979 | €324,789,920 | -€194,060 | -0.1% |
| Amounts receivable | 281 | €324,983,979 | €324,789,920 | -€194,060 | -0.1% |
| Current assets | 29/58 | €2,961,158 | €2,267,885 | -€693,273 | -23.4% |
| Amounts receivable within one year | 40/41 | €2,425,602 | €2,193,124 | -€232,478 | -9.6% |
| Trade receivables | 40 | €3,437 | €720 | -€2,717 | -79.1% |
| Other amounts receivable | 41 | €2,422,165 | €2,192,404 | -€229,761 | -9.5% |
| Cash at bank and in hand | 54/58 | €535,465 | €74,761 | -€460,704 | -86.0% |
| Deferred charges and accrued income | 490/1 | €91 | - | -€91 | |
| Total equity and liabilities | 10/49 | €327,945,138 | €327,057,805 | -€887,333 | -0.3% |
| Equity | 10/15 | €2,539,346 | €366,210 | -€2.2m | -85.6% |
| Contributions | 10/11 | €6,803,671 | €6,803,671 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,264,325 | -€6,437,461 | -€2.2m | -51.0% |
| Amounts payable | 17/49 | €325,405,791 | €326,691,595 | +€1.3m | +0.4% |
| Amounts payable after more than one year | 17 | €325,000,000 | €325,000,000 | = | 0.0% |
| Financial debts | 170/4 | €325,000,000 | €325,000,000 | = | 0.0% |
| Other loans | 174 | €325,000,000 | €325,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €405,791 | €1,614,340 | +€1.2m | +298% |
| Financial debts | 43 | €329,557 | €1,023,420 | +€693,863 | +211% |
| Credit institutions | 430/8 | €329,557 | €103 | -€329,455 | -100.0% |
| Other loans | 439 | - | €1,023,317 | +€1.0m | |
| Trade debts | 44 | €44,880 | €28,342 | -€16,538 | -36.8% |
| Suppliers | 440/4 | €44,880 | €28,342 | -€16,538 | -36.8% |
| Taxes, remuneration and social security | 45 | €31,354 | €562,578 | +€531,224 | +1,694% |
| Taxes | 450/3 | €3,609 | €539,588 | +€535,979 | +14,852% |
| Remuneration and social security | 454/9 | €27,745 | €22,990 | -€4,756 | -17.1% |
| Accrued charges and deferred income | 492/3 | - | €77,255 | +€77,255 | |
| Operating income | 70/76A | €3,903 | €3,700 | -€203 | -5.2% |
| Other operating income | 74 | €3,903 | €3,700 | -€203 | -5.2% |
| Operating charges | 60/66A | €273,792 | €280,277 | +€6,485 | +2.4% |
| Services and other goods | 61 | €37,579 | €35,920 | -€1,659 | -4.4% |
| Remuneration, social security and pensions | 62 | €234,957 | €243,278 | +€8,321 | +3.5% |
| Other operating charges | 640/8 | €1,256 | €1,078 | -€178 | -14.2% |
| Operating profit (loss) | 9901 | -€269,889 | -€276,577 | -€6,687 | -2.5% |
| Financial income | 75/76B | €33,789,053 | €28,561,822 | -€5.2m | -15.5% |
| Recurring financial income | 75 | €33,789,053 | €28,561,822 | -€5.2m | -15.5% |
| Income from financial fixed assets | 750 | €33,788,966 | €28,561,734 | -€5.2m | -15.5% |
| Income from current assets | 751 | €87 | €88 | +€1 | +1.4% |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €34,855,763 | €29,879,893 | -€5.0m | -14.3% |
| Recurring financial charges | 65 | €34,855,763 | €29,879,893 | -€5.0m | -14.3% |
| Debt charges | 650 | €34,832,630 | €29,878,325 | -€5.0m | -14.2% |
| Other financial charges | 652/9 | €23,133 | €1,568 | -€21,566 | -93.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,336,600 | -€1,594,647 | -€258,048 | -19.3% |
| Income taxes | 67/77 | €16,287 | €578,489 | +€562,202 | +3,452% |
| Taxes | 670/3 | €16,287 | €578,489 | +€562,202 | +3,452% |
| Profit (loss) for the period | 9904 | -€1,352,887 | -€2,173,136 | -€820,249 | -60.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,352,887 | -€2,173,136 | -€820,249 | -60.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.