DESTINE André: 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.
What changed
DESTINE André
NACE 10.711, Manufacture of food products
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€104,118
2023 · €48,179+€55,939
Equity
€688,432
2023 · €606,126+€82,306
Cash
€395,098
2023 · €352,555+€42,543
Balance sheet total
€3.7m
2023 · €3.6m+€112,216
Largest movements
Assets
- Receivables within one year +€127,482
up €127,482 (+19.6%), from €651,527 to €779,009
of which Other amounts receivable: +€204,591
- Tangible fixed assets -€87,882
down €87,882 (-3.8%), from €2.3m to €2.3m
of which Plant, machinery and equipment: -€62,537
- Cash +€42,543
up €42,543 (+12.1%), from €352,555 to €395,098
mainly Depreciation (+€534,222) and Debts after one year (+€145,004)
Equity and liabilities
- Debts after one year +€145,004
up €145,004 (+15.6%), from €927,531 to €1.1m
- Current portion of long-term debt -€121,142
down €121,142 (-30.4%), from €398,913 to €277,770
- Tax, wage and social debts +€115,734
up €115,734 (+27.0%), from €428,440 to €544,174
of which Taxes: +€71,504
- Profit (loss) carried forward +€104,118
up €104,118 (+164.2%), from €63,417 to €167,535
- Trade debts -€98,295
down €98,295 (-13.8%), from €712,917 to €614,622
Income statement
- Gross operating margin +€119,957
up €119,957 (+3.3%), from €3.6m to €3.8m
- Financial charges +€38,668
up €38,668 (+56.0%), from €69,103 to €107,770
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.
Result 2023
€48,179
Gross operating margin
+€119,957
Staff costs
+€90
Depreciation
-€32,616
Write-downs
+€5,317
Other operating charges
+€611
Other operating items
+€8,374
Financial income
-€6,782
Financial charges
-€38,668
Taxes
-€346
Result 2024
€104,118
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.
From operations
+€523,622
Investment
-€451,738
Financing
-€29,341
Cash 2023
€352,555
From operations (derived)
+€523,622
Net result for the year
+€104,118
Depreciation
+€534,222
Receivables after one year
+€10,500
Stocks and contracts
-€34,626
Receivables within one year
-€127,482
Deferred charges and accrued income
-€549
Trade debts
-€98,295
Tax, wage and social debts
+€115,734
Other debts
+€20,000
Investment (derived)
-€451,738
Investment in fixed assets (net)
-€451,738
Financing
-€29,341
Debts after one year
+€145,004
Current portion of long-term debt
-€121,142
Short-term financial debts
-€31,391
Contributions, distributions and other
-€21,812
Cash 2024
€395,098
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,621,991 | €3,734,207 | +€112,216 | +3.1% |
| Formation expenses | 20 | - | €24,872 | +€24,872 | |
| Fixed assets | 21/28 | €2,383,058 | €2,275,701 | -€107,357 | -4.5% |
| Intangible fixed assets | 21 | €36,509 | €17,034 | -€19,474 | -53.3% |
| Tangible fixed assets | 22/27 | €2,338,277 | €2,250,395 | -€87,882 | -3.8% |
| Land and buildings | 22 | €1,293,319 | €1,302,687 | +€9,369 | +0.7% |
| Plant, machinery and equipment | 23 | €463,469 | €400,932 | -€62,537 | -13.5% |
| Furniture and vehicles | 24 | €45,073 | €34,438 | -€10,635 | -23.6% |
| Leasing and similar rights | 25 | €536,417 | €512,338 | -€24,079 | -4.5% |
| Financial fixed assets | 28 | €8,272 | €8,272 | = | 0.0% |
| Current assets | 29/58 | €1,238,934 | €1,433,634 | +€194,700 | +15.7% |
| Amounts receivable after more than one year | 29 | €10,500 | €0 | -€10,500 | -100.0% |
| Other amounts receivable | 291 | €10,500 | €0 | -€10,500 | -100.0% |
| Stocks and contracts in progress | 3 | €188,014 | €222,640 | +€34,626 | +18.4% |
| Stocks | 30/36 | €188,014 | €222,640 | +€34,626 | +18.4% |
| Amounts receivable within one year | 40/41 | €651,527 | €779,009 | +€127,482 | +19.6% |
| Trade receivables | 40 | €470,541 | €393,432 | -€77,109 | -16.4% |
| Other amounts receivable | 41 | €180,986 | €385,577 | +€204,591 | +113.0% |
| Cash at bank and in hand | 54/58 | €352,555 | €395,098 | +€42,543 | +12.1% |
| Deferred charges and accrued income | 490/1 | €36,337 | €36,886 | +€549 | +1.5% |
| Total equity and liabilities | 10/49 | €3,621,991 | €3,734,207 | +€112,216 | +3.1% |
| Equity | 10/15 | €606,126 | €688,432 | +€82,306 | +13.6% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €429,000 | €429,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €75,000 | €75,000 | = | 0.0% |
| Distributable reserves | 133 | €354,000 | €354,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,417 | €167,535 | +€104,118 | +164.2% |
| Investment grants | 15 | €73,709 | €51,897 | -€21,812 | -29.6% |
| Amounts payable | 17/49 | €3,015,865 | €3,045,775 | +€29,910 | +1.0% |
| Amounts payable after more than one year | 17 | €927,531 | €1,072,535 | +€145,004 | +15.6% |
| Financial debts | 170/4 | €927,531 | €1,072,535 | +€145,004 | +15.6% |
| Amounts payable within one year | 42/48 | €2,088,334 | €1,973,240 | -€115,094 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €398,913 | €277,770 | -€121,142 | -30.4% |
| Financial debts | 43 | €386,265 | €354,874 | -€31,391 | -8.1% |
| Credit institutions | 430/8 | €386,265 | €354,874 | -€31,391 | -8.1% |
| Trade debts | 44 | €712,917 | €614,622 | -€98,295 | -13.8% |
| Suppliers | 440/4 | €712,917 | €614,622 | -€98,295 | -13.8% |
| Taxes, remuneration and social security | 45 | €428,440 | €544,174 | +€115,734 | +27.0% |
| Taxes | 450/3 | €18,929 | €90,433 | +€71,504 | +377.8% |
| Remuneration and social security | 454/9 | €409,512 | €453,741 | +€44,230 | +10.8% |
| Other amounts payable | 47/48 | €161,800 | €181,800 | +€20,000 | +12.4% |
| Non-recurring operating income | 76A | €47,437 | €9,706 | -€37,731 | -79.5% |
| Remuneration, social security and pensions | 62 | €2,989,890 | €2,989,800 | -€90 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €501,606 | €534,222 | +€32,616 | +6.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,672 | -€3,645 | -€5,317 | |
| Other operating charges | 640/8 | €50,451 | €49,840 | -€611 | -1.2% |
| Non-recurring operating charges | 66A | €10,288 | €1,914 | -€8,374 | -81.4% |
| Gross operating margin | 9900 | €3,639,979 | €3,759,936 | +€119,957 | +3.3% |
| Operating profit (loss) | 9901 | €86,072 | €187,806 | +€101,734 | +118.2% |
| Financial income | 75/76B | €32,523 | €25,741 | -€6,782 | -20.9% |
| Recurring financial income | 75 | €32,523 | €25,741 | -€6,782 | -20.9% |
| Financial charges | 65/66B | €69,103 | €107,770 | +€38,668 | +56.0% |
| Recurring financial charges | 65 | €69,103 | €107,770 | +€38,668 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | €49,492 | €105,777 | +€56,285 | +113.7% |
| Income taxes | 67/77 | €1,313 | €1,659 | +€346 | +26.4% |
| Profit (loss) for the period | 9904 | €48,179 | €104,118 | +€55,939 | +116.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,179 | €104,118 | +€55,939 | +116.1% |
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 8 October 2026 via checked.be.