All Equipment 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.
All Equipment Distribution
Largest movements
- Stocks and contracts -€3,454
down €3,454 (-41.1%), from €8,402 to €4,948
- Cash +€2,142
up €2,142 (+31.2%), from €6,857 to €8,999
mainly Stocks and contracts (+€3,454) and Depreciation (+€258)
- Formation expenses -€258
down €258 (-86.3%), from €299 to €41
- Trade debts -€720
no longer reported in 2025 (was €720)
- Profit (loss) carried forward -€504
down €504, from €83 to -€421
- Tax, wage and social debts -€264
down €264 (-95.2%), from €277 to €13
- Gross operating margin +€686
up €686, from -€297 to €389
- Other operating charges +€18
up €18 (+3.2%), from €575 to €593
- Financial income -€4
no longer reported in 2025 (was €4)
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 | €16,080 | €14,592 | -€1,487 | -9.3% |
| Formation expenses | 20 | €299 | €41 | -€258 | -86.3% |
| Current assets | 29/58 | €15,781 | €14,551 | -€1,230 | -7.8% |
| Stocks and contracts in progress | 3 | €8,402 | €4,948 | -€3,454 | -41.1% |
| Stocks | 30/36 | €8,402 | €4,948 | -€3,454 | -41.1% |
| Amounts receivable within one year | 40/41 | - | €9 | +€9 | |
| Trade receivables | 40 | - | €9 | +€9 | |
| Cash at bank and in hand | 54/58 | €6,857 | €8,999 | +€2,142 | +31.2% |
| Deferred charges and accrued income | 490/1 | €522 | €595 | +€74 | +14.1% |
| Total equity and liabilities | 10/49 | €16,080 | €14,592 | -€1,487 | -9.3% |
| Equity | 10/15 | €15,083 | €14,579 | -€504 | -3.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83 | -€421 | -€504 | |
| Amounts payable | 17/49 | €997 | €13 | -€983 | -98.7% |
| Amounts payable within one year | 42/48 | €997 | €13 | -€983 | -98.7% |
| Trade debts | 44 | €720 | - | -€720 | |
| Suppliers | 440/4 | €720 | - | -€720 | |
| Taxes, remuneration and social security | 45 | €277 | €13 | -€264 | -95.2% |
| Taxes | 450/3 | €277 | €13 | -€264 | -95.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €258 | €258 | = | 0.0% |
| Other operating charges | 640/8 | €575 | €593 | +€18 | +3.2% |
| Gross operating margin | 9900 | -€297 | €389 | +€686 | |
| Operating profit (loss) | 9901 | -€1,130 | -€462 | +€668 | +59.1% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €42 | €42 | -€0 | 0.0% |
| Recurring financial charges | 65 | €42 | €42 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,168 | -€504 | +€664 | +56.8% |
| Profit (loss) for the period | 9904 | -€1,168 | -€504 | +€664 | +56.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,168 | -€504 | +€664 | +56.8% |
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 26 October 2026 via checked.be.