CM-DISTRI: 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.
What changed
CM-DISTRI
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€166,943
2024 · -€4,080-€162,863
Equity
-€138,262
2024 · €28,680-€166,942
Cash
€52,124
2024 · €51,001+€1,123
Balance sheet total
€364,422
2024 · €393,078-€28,656
Largest movements
Assets
- Stocks and contracts -€23,587
down €23,587 (-9.9%), from €238,151 to €214,564
- Tangible fixed assets -€5,442
down €5,442 (-17.1%), from €31,894 to €26,452
of which Leasing and similar rights: -€7,450
Equity and liabilities
- Profit (loss) carried forward -€166,943
down €166,943 (-4,092%), from -€4,080 to -€171,023
- Trade debts +€128,553
up €128,553 (+40.2%), from €319,688 to €448,241
- Tax, wage and social debts +€15,935
up €15,935 (+84.5%), from €18,856 to €34,791
of which Remuneration and social security: +€15,781
- Debts after one year -€6,679
down €6,679 (-40.9%), from €16,317 to €9,638
Income statement
- Gross operating margin -€154,083
down €154,083 (-47.2%), from €326,242 to €172,159
- Financial charges +€6,918
up €6,918 (+56.5%), from €12,245 to €19,163
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.
Result 2024
-€4,080
Gross operating margin
-€154,083
Staff costs
+€467
Depreciation
-€3,255
Other operating charges
-€612
Financial income
+€108
Financial charges
-€6,918
Taxes
+€1,431
Result 2025
-€166,943
raises the resultlowers the result
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.
From operations
+€12,356
Investment
-€4,991
Financing
-€6,242
Cash 2024
€51,001
From operations (derived)
+€12,356
Net result for the year
-€166,943
Depreciation
+€10,064
Stocks and contracts
+€23,587
Receivables within one year
-€2,238
Deferred charges and accrued income
+€3,357
Trade debts
+€128,553
Tax, wage and social debts
+€15,935
Accrued charges and deferred income
+€42
Investment (derived)
-€4,991
Investment in fixed assets (net)
-€4,991
Financing
-€6,242
Debts after one year
-€6,679
Current portion of long-term debt
+€436
Contributions, distributions and other
+€0
Cash 2025
€52,124
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €393,078 | €364,422 | -€28,656 | -7.3% |
| Formation expenses | 20 | €1,044 | €913 | -€131 | -12.6% |
| Fixed assets | 21/28 | €56,722 | €51,780 | -€4,942 | -8.7% |
| Tangible fixed assets | 22/27 | €31,894 | €26,452 | -€5,442 | -17.1% |
| Plant, machinery and equipment | 23 | €4,541 | €6,111 | +€1,570 | +34.6% |
| Furniture and vehicles | 24 | €2,520 | €2,958 | +€438 | +17.4% |
| Leasing and similar rights | 25 | €24,833 | €17,383 | -€7,450 | -30.0% |
| Financial fixed assets | 28 | €24,828 | €25,328 | +€500 | +2.0% |
| Current assets | 29/58 | €335,312 | €311,729 | -€23,583 | -7.0% |
| Stocks and contracts in progress | 3 | €238,151 | €214,564 | -€23,587 | -9.9% |
| Stocks | 30/36 | €238,151 | €214,564 | -€23,587 | -9.9% |
| Amounts receivable within one year | 40/41 | €34,918 | €37,156 | +€2,238 | +6.4% |
| Trade receivables | 40 | €19,811 | €37,137 | +€17,326 | +87.5% |
| Other amounts receivable | 41 | €15,107 | €20 | -€15,087 | -99.9% |
| Cash at bank and in hand | 54/58 | €51,001 | €52,124 | +€1,123 | +2.2% |
| Deferred charges and accrued income | 490/1 | €11,242 | €7,885 | -€3,357 | -29.9% |
| Total equity and liabilities | 10/49 | €393,078 | €364,422 | -€28,656 | -7.3% |
| Equity | 10/15 | €28,680 | -€138,262 | -€166,942 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €22,760 | €22,760 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €21,760 | €21,760 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€4,080 | -€171,023 | -€166,943 | -4,092% |
| Amounts payable | 17/49 | €364,398 | €502,684 | +€138,286 | +37.9% |
| Amounts payable after more than one year | 17 | €16,317 | €9,638 | -€6,679 | -40.9% |
| Financial debts | 170/4 | €16,317 | €9,638 | -€6,679 | -40.9% |
| Amounts payable within one year | 42/48 | €344,787 | €489,711 | +€144,924 | +42.0% |
| Current portion of amounts payable after more than one year | 42 | €6,243 | €6,679 | +€436 | +7.0% |
| Trade debts | 44 | €319,688 | €448,241 | +€128,553 | +40.2% |
| Suppliers | 440/4 | €319,688 | €448,241 | +€128,553 | +40.2% |
| Taxes, remuneration and social security | 45 | €18,856 | €34,791 | +€15,935 | +84.5% |
| Taxes | 450/3 | €2,712 | €2,865 | +€153 | +5.7% |
| Remuneration and social security | 454/9 | €16,144 | €31,925 | +€15,781 | +97.8% |
| Accrued charges and deferred income | 492/3 | €3,294 | €3,336 | +€42 | +1.3% |
| Remuneration, social security and pensions | 62 | €308,082 | €307,615 | -€467 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,809 | €10,064 | +€3,255 | +47.8% |
| Other operating charges | 640/8 | €1,774 | €2,386 | +€612 | +34.5% |
| Gross operating margin | 9900 | €326,242 | €172,159 | -€154,083 | -47.2% |
| Operating profit (loss) | 9901 | €9,577 | -€147,906 | -€157,483 | |
| Financial income | 75/76B | €19 | €127 | +€108 | +566% |
| Recurring financial income | 75 | €19 | €127 | +€108 | +566% |
| Financial charges | 65/66B | €12,245 | €19,163 | +€6,918 | +56.5% |
| Recurring financial charges | 65 | €12,245 | €19,163 | +€6,918 | +56.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,649 | -€166,943 | -€164,294 | -6,202% |
| Income taxes | 67/77 | €1,431 | - | -€1,431 | |
| Profit (loss) for the period | 9904 | -€4,080 | -€166,943 | -€162,863 | -3,992% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,080 | -€166,943 | -€162,863 | -3,992% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.