DESTRIER: 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.
DESTRIER
Largest movements
- Tangible fixed assets -€26,793
down €26,793 (-3.6%), from €739,325 to €712,532
of which Land and buildings: -€42,140
- Cash +€20,208
up €20,208 (+82.1%), from €24,607 to €44,815
mainly Depreciation (+€44,067) and Net result for the year (+€33,410)
- Reserves +€33,410
up €33,410 (+48.5%), from €68,904 to €102,314
of which Distributable reserves: +€34,169
- Debts after one year -€33,328
down €33,328 (-6.2%), from €537,204 to €503,876
of which Financial debts: -€33,378
- Gross operating margin +€24,374
up €24,374 (+25.2%), from €96,663 to €121,037
- Depreciation -€20,013
down €20,013 (-31.2%), from €64,080 to €44,067
- Taxes +€9,184
new in 2025: €9,184
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.
Cash bridge derived
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 | €768,934 | €765,163 | -€3,770 | -0.5% |
| Fixed assets | 21/28 | €739,325 | €712,532 | -€26,793 | -3.6% |
| Tangible fixed assets | 22/27 | €739,325 | €712,532 | -€26,793 | -3.6% |
| Land and buildings | 22 | €734,468 | €692,328 | -€42,140 | -5.7% |
| Plant, machinery and equipment | 23 | €4,857 | €11,940 | +€7,082 | +145.8% |
| Assets under construction and advance payments | 27 | - | €8,264 | +€8,264 | |
| Current assets | 29/58 | €29,608 | €52,631 | +€23,022 | +77.8% |
| Amounts receivable within one year | 40/41 | €5,002 | €7,816 | +€2,814 | +56.3% |
| Other amounts receivable | 41 | €5,002 | €7,816 | +€2,814 | +56.3% |
| Cash at bank and in hand | 54/58 | €24,607 | €44,815 | +€20,208 | +82.1% |
| Total equity and liabilities | 10/49 | €768,934 | €765,163 | -€3,770 | -0.5% |
| Equity | 10/15 | €108,904 | €142,314 | +€33,410 | +30.7% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Outside capital | 11 | €40,000 | €40,000 | = | 0.0% |
| Share premium | 1100/10 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €68,904 | €102,314 | +€33,410 | +48.5% |
| Tax-exempt reserves | 132 | €18,876 | €18,116 | -€760 | -4.0% |
| Distributable reserves | 133 | €50,028 | €84,197 | +€34,169 | +68.3% |
| Provisions and deferred taxes | 16 | €4,491 | €4,117 | -€374 | -8.3% |
| Deferred taxes | 168 | €4,491 | €4,117 | -€374 | -8.3% |
| Amounts payable | 17/49 | €655,539 | €618,733 | -€36,806 | -5.6% |
| Amounts payable after more than one year | 17 | €537,204 | €503,876 | -€33,328 | -6.2% |
| Financial debts | 170/4 | €535,684 | €502,306 | -€33,378 | -6.2% |
| Other amounts payable | 178/9 | €1,520 | €1,570 | +€50 | +3.3% |
| Amounts payable within one year | 42/48 | €118,335 | €114,857 | -€3,478 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €31,926 | €33,378 | +€1,452 | +4.5% |
| Trade debts | 44 | €5,880 | €249 | -€5,631 | -95.8% |
| Suppliers | 440/4 | €5,880 | €249 | -€5,631 | -95.8% |
| Taxes, remuneration and social security | 45 | €6,056 | €6,757 | +€701 | +11.6% |
| Taxes | 450/3 | €6,056 | €6,757 | +€701 | +11.6% |
| Other amounts payable | 47/48 | €74,473 | €74,473 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,080 | €44,067 | -€20,013 | -31.2% |
| Other operating charges | 640/8 | €8,470 | €9,559 | +€1,089 | +12.9% |
| Gross operating margin | 9900 | €96,663 | €121,037 | +€24,374 | +25.2% |
| Operating profit (loss) | 9901 | €24,113 | €67,410 | +€43,298 | +179.6% |
| Financial charges | 65/66B | €25,257 | €25,191 | -€66 | -0.3% |
| Recurring financial charges | 65 | €25,257 | €25,191 | -€66 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,144 | €42,220 | +€43,363 | |
| Transfer from deferred taxes | 780 | €374 | €374 | = | 0.0% |
| Income taxes | 67/77 | - | €9,184 | +€9,184 | |
| Profit (loss) for the period | 9904 | -€770 | €33,410 | +€34,179 | |
| Transfer from tax-exempt reserves | 789 | €760 | €760 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10 | €34,169 | +€34,179 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.