D.-L. 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.
D.-L. DISTRIBUTION
Largest movements
- Receivables within one year +€13,713
up €13,713 (+36.5%), from €37,607 to €51,319
of which Trade receivables: +€12,842
- Cash -€10,858
down €10,858 (-31.2%), from €34,838 to €23,980
- Trade debts +€2,855
up €2,855 (+35.8%), from €7,986 to €10,841
- Gross operating margin -€605
down €605 (-4.7%), from €12,948 to €12,343
- Financial charges -€466
down €466 (-3.8%), from €12,388 to €11,921
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €72,669 | €75,525 | +€2,855 | +3.9% |
| Current assets | 29/58 | €72,669 | €75,525 | +€2,855 | +3.9% |
| Amounts receivable within one year | 40/41 | €37,607 | €51,319 | +€13,713 | +36.5% |
| Trade receivables | 40 | €36,857 | €49,699 | +€12,842 | +34.8% |
| Other amounts receivable | 41 | €750 | €1,620 | +€870 | +116% |
| Cash at bank and in hand | 54/58 | €34,838 | €23,980 | -€10,858 | -31.2% |
| Deferred charges and accrued income | 490/1 | €225 | €226 | +€1 | +0.4% |
| Total equity and liabilities | 10/49 | €72,669 | €75,525 | +€2,855 | +3.9% |
| Equity | 10/15 | €62,000 | €62,000 | = | 0.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Amounts payable | 17/49 | €10,669 | €13,525 | +€2,855 | +26.8% |
| Amounts payable within one year | 42/48 | €10,669 | €13,525 | +€2,855 | +26.8% |
| Trade debts | 44 | €7,986 | €10,841 | +€2,855 | +35.8% |
| Suppliers | 440/4 | €7,986 | €10,841 | +€2,855 | +35.8% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,684 | €2,684 | = | 0.0% |
| Other operating charges | 640/8 | €606 | €594 | -€12 | -2.0% |
| Gross operating margin | 9900 | €12,948 | €12,343 | -€605 | -4.7% |
| Operating profit (loss) | 9901 | €12,342 | €11,749 | -€592 | -4.8% |
| Financial income | 75/76B | €46 | €172 | +€126 | +276% |
| Recurring financial income | 75 | €46 | €172 | +€126 | +276% |
| Financial charges | 65/66B | €12,388 | €11,921 | -€466 | -3.8% |
| Recurring financial charges | 65 | €12,388 | €11,921 | -€466 | -3.8% |
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 14 October 2026 via checked.be.