ALL IN 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 IN DISTRIBUTION
Largest movements
- Receivables within one year +€26,117
up €26,117 (+170%), from €15,373 to €41,490
- Current investments -€2,808
down €2,808 (-76.8%), from €3,657 to €849
- Other debts +€14,020
up €14,020 (+1,430%), from €980 to €15,000
- Profit (loss) carried forward +€7,968
up €7,968 (+197%), from €4,047 to €12,016
- Trade debts +€2,199
up €2,199 (+165%), from €1,331 to €3,530
- Tax, wage and social debts -€879
down €879 (-30.6%), from €2,871 to €1,992
- Gross operating margin +€18,856
up €18,856 (+306%), from €6,163 to €25,019
- Taxes +€978
up €978 (+96.4%), from €1,014 to €1,992
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,230 | €44,538 | +€23,308 | +110% |
| Fixed assets | 21/28 | €2,200 | €2,200 | = | 0.0% |
| Financial fixed assets | 28 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €19,030 | €42,338 | +€23,308 | +122% |
| Amounts receivable within one year | 40/41 | €15,373 | €41,490 | +€26,117 | +170% |
| Trade receivables | 40 | €15,373 | €41,490 | +€26,117 | +170% |
| Current investments | 50/53 | €3,657 | €849 | -€2,808 | -76.8% |
| Total equity and liabilities | 10/49 | €21,230 | €44,538 | +€23,308 | +110% |
| Equity | 10/15 | €16,047 | €24,016 | +€7,968 | +49.7% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,047 | €12,016 | +€7,968 | +197% |
| Amounts payable | 17/49 | €5,183 | €20,523 | +€15,340 | +296% |
| Amounts payable within one year | 42/48 | €5,183 | €20,523 | +€15,340 | +296% |
| Trade debts | 44 | €1,331 | €3,530 | +€2,199 | +165% |
| Suppliers | 440/4 | €1,331 | €3,530 | +€2,199 | +165% |
| Taxes, remuneration and social security | 45 | €2,871 | €1,992 | -€879 | -30.6% |
| Taxes | 450/3 | €2,871 | €1,992 | -€879 | -30.6% |
| Other amounts payable | 47/48 | €980 | €15,000 | +€14,020 | +1,430% |
| Non-recurring operating charges | 66A | - | €58 | +€58 | |
| Gross operating margin | 9900 | €6,163 | €25,019 | +€18,856 | +306% |
| Operating profit (loss) | 9901 | €6,163 | €24,961 | +€18,798 | +305% |
| Profit (loss) for the period before taxes | 9903 | €6,163 | €24,961 | +€18,798 | +305% |
| Income taxes | 67/77 | €1,014 | €1,992 | +€978 | +96.4% |
| Profit (loss) for the period | 9904 | €5,149 | €22,968 | +€17,820 | +346% |
| Profit (loss) for the period to be appropriated | 9905 | €5,149 | €22,968 | +€17,820 | +346% |
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 16 October 2026 via checked.be.