Better Brands 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.
Better Brands Distribution
Largest movements
- Cash +€48,820
up €48,820 (+167%), from €29,212 to €78,031
mainly Net result for the year (+€43,117) and Depreciation (+€26,033)
- Tangible fixed assets -€25,459
down €25,459 (-7.4%), from €345,988 to €320,530
of which Land and buildings: -€14,504
- Deferred charges and accrued income -€12,718
down €12,718 (-71.1%), from €17,889 to €5,171
- Receivables within one year -€4,700
down €4,700 (-7.6%), from €61,735 to €57,035
of which Trade receivables: -€3,049
- Reserves +€42,500
up €42,500 (+71.4%), from €59,544 to €102,044
- Debts after one year -€31,976
down €31,976 (-14.0%), from €228,045 to €196,068
- Accrued charges and deferred income -€28,564
down €28,564 (-98.8%), from €28,923 to €359
- Tax, wage and social debts +€19,828
up €19,828 (+122%), from €16,231 to €36,059
of which Taxes: +€17,628
- Trade debts +€14,600
up €14,600 (+193%), from €7,546 to €22,146
- Gross operating margin +€42,536
up €42,536 (+97.5%), from €43,648 to €86,185
- Taxes +€11,865
up €11,865 (+174%), from €6,829 to €18,694
- Depreciation +€7,311
up €7,311 (+39.0%), from €18,723 to €26,033
- Financial charges -€6,607
down €6,607 (-54.1%), from €12,221 to €5,615
- Financial income +€1,705
up €1,705 (+19.0%), from €8,967 to €10,672
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 | €454,868 | €460,811 | +€5,943 | +1.3% |
| Fixed assets | 21/28 | €346,032 | €320,573 | -€25,459 | -7.4% |
| Tangible fixed assets | 22/27 | €345,988 | €320,530 | -€25,459 | -7.4% |
| Land and buildings | 22 | €308,697 | €294,193 | -€14,504 | -4.7% |
| Plant, machinery and equipment | 23 | €1,575 | €1,183 | -€392 | -24.9% |
| Furniture and vehicles | 24 | €31,165 | €20,603 | -€10,562 | -33.9% |
| Other tangible fixed assets | 26 | €4,550 | €4,550 | = | 0.0% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €108,836 | €140,238 | +€31,402 | +28.9% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €61,735 | €57,035 | -€4,700 | -7.6% |
| Trade receivables | 40 | €54,436 | €51,386 | -€3,049 | -5.6% |
| Other amounts receivable | 41 | €7,300 | €5,649 | -€1,651 | -22.6% |
| Cash at bank and in hand | 54/58 | €29,212 | €78,031 | +€48,820 | +167% |
| Deferred charges and accrued income | 490/1 | €17,889 | €5,171 | -€12,718 | -71.1% |
| Total equity and liabilities | 10/49 | €454,868 | €460,811 | +€5,943 | +1.3% |
| Equity | 10/15 | €73,168 | €116,285 | +€43,117 | +58.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €59,544 | €102,044 | +€42,500 | +71.4% |
| Distributable reserves | 133 | €59,544 | €102,044 | +€42,500 | +71.4% |
| Profit (loss) carried forward | 14 | €1,224 | €1,841 | +€617 | +50.4% |
| Amounts payable | 17/49 | €381,700 | €344,526 | -€37,174 | -9.7% |
| Amounts payable after more than one year | 17 | €228,045 | €196,068 | -€31,976 | -14.0% |
| Financial debts | 170/4 | €228,045 | €196,068 | -€31,976 | -14.0% |
| Amounts payable within one year | 42/48 | €124,732 | €148,099 | +€23,366 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €23,225 | €22,659 | -€566 | -2.4% |
| Trade debts | 44 | €7,546 | €22,146 | +€14,600 | +193% |
| Suppliers | 440/4 | €7,546 | €22,146 | +€14,600 | +193% |
| Taxes, remuneration and social security | 45 | €16,231 | €36,059 | +€19,828 | +122% |
| Taxes | 450/3 | €16,231 | €33,859 | +€17,628 | +109% |
| Remuneration and social security | 454/9 | - | €2,200 | +€2,200 | |
| Other amounts payable | 47/48 | €77,732 | €67,236 | -€10,496 | -13.5% |
| Accrued charges and deferred income | 492/3 | €28,923 | €359 | -€28,564 | -98.8% |
| Remuneration, social security and pensions | 62 | - | €241 | +€241 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,723 | €26,033 | +€7,311 | +39.0% |
| Other operating charges | 640/8 | €3,201 | €3,158 | -€43 | -1.4% |
| Non-recurring operating charges | 66A | €1,512 | €0 | -€1,512 | -100% |
| Gross operating margin | 9900 | €43,648 | €86,185 | +€42,536 | +97.5% |
| Operating profit (loss) | 9901 | €20,213 | €56,753 | +€36,540 | +181% |
| Financial income | 75/76B | €8,967 | €10,672 | +€1,705 | +19.0% |
| Recurring financial income | 75 | €8,967 | €10,672 | +€1,705 | +19.0% |
| Financial charges | 65/66B | €12,221 | €5,615 | -€6,607 | -54.1% |
| Recurring financial charges | 65 | €12,221 | €5,615 | -€6,607 | -54.1% |
| Profit (loss) for the period before taxes | 9903 | €16,959 | €61,811 | +€44,852 | +264% |
| Income taxes | 67/77 | €6,829 | €18,694 | +€11,865 | +174% |
| Profit (loss) for the period | 9904 | €10,130 | €43,117 | +€32,987 | +326% |
| Profit (loss) for the period to be appropriated | 9905 | €10,130 | €43,117 | +€32,987 | +326% |
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.