D.V.O. 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.
D.V.O. DISTRI
Largest movements
- Receivables within one year -€9,738
down €9,738 (-43.7%), from €22,283 to €12,545
of which Other amounts receivable: -€6,944
- Cash -€4,559
down €4,559 (-59.8%), from €7,623 to €3,064
mainly Net result for the year (-€11,165) and Other debts (-€3,337)
- Tangible fixed assets -€972
down €972 (-22.8%), from €4,261 to €3,288
- Profit (loss) carried forward -€11,165
down €11,165 (-103%), from -€10,822 to -€21,987
- Other debts -€3,337
down €3,337 (-100%), from €3,337 to €0
- Tax, wage and social debts -€1,042
down €1,042 (-93.9%), from €1,110 to €68
- Gross operating margin -€11,124
down €11,124, from €3,588 to -€7,536
- Other operating charges +€2,083
up €2,083 (+538%), from €387 to €2,471
- Financial income -€460
down €460 (-85.4%), from €539 to €79
- Taxes -€249
no longer reported in 2025 (was €249)
- Depreciation +€219
up €219 (+29.0%), from €754 to €972
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 | €34,167 | €18,898 | -€15,269 | -44.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €4,261 | €3,288 | -€972 | -22.8% |
| Tangible fixed assets | 22/27 | €4,261 | €3,288 | -€972 | -22.8% |
| Furniture and vehicles | 24 | €4,261 | €3,288 | -€972 | -22.8% |
| Current assets | 29/58 | €29,906 | €15,609 | -€14,297 | -47.8% |
| Amounts receivable within one year | 40/41 | €22,283 | €12,545 | -€9,738 | -43.7% |
| Trade receivables | 40 | €13,307 | €10,513 | -€2,794 | -21.0% |
| Other amounts receivable | 41 | €8,976 | €2,031 | -€6,944 | -77.4% |
| Cash at bank and in hand | 54/58 | €7,623 | €3,064 | -€4,559 | -59.8% |
| Total equity and liabilities | 10/49 | €34,167 | €18,898 | -€15,269 | -44.7% |
| Equity | 10/15 | €29,721 | €18,555 | -€11,165 | -37.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €28,042 | €28,042 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,300 | €24,300 | = | 0.0% |
| Distributable reserves | 133 | €3,742 | €3,742 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,822 | -€21,987 | -€11,165 | -103% |
| Amounts payable | 17/49 | €4,446 | €342 | -€4,104 | -92.3% |
| Amounts payable within one year | 42/48 | €4,446 | €342 | -€4,104 | -92.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €0 | €274 | +€274 | |
| Suppliers | 440/4 | €0 | €274 | +€274 | |
| Taxes, remuneration and social security | 45 | €1,110 | €68 | -€1,042 | -93.9% |
| Taxes | 450/3 | €1,110 | €68 | -€1,042 | -93.9% |
| Other amounts payable | 47/48 | €3,337 | €0 | -€3,337 | -100% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €754 | €972 | +€219 | +29.0% |
| Other operating charges | 640/8 | €387 | €2,471 | +€2,083 | +538% |
| Gross operating margin | 9900 | €3,588 | -€7,536 | -€11,124 | |
| Operating profit (loss) | 9901 | €2,447 | -€10,979 | -€13,425 | |
| Financial income | 75/76B | €539 | €79 | -€460 | -85.4% |
| Recurring financial income | 75 | €539 | €79 | -€460 | -85.4% |
| Financial charges | 65/66B | €244 | €265 | +€21 | +8.5% |
| Recurring financial charges | 65 | €244 | €265 | +€21 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €2,741 | -€11,165 | -€13,907 | |
| Income taxes | 67/77 | €249 | - | -€249 | |
| Profit (loss) for the period | 9904 | €2,492 | -€11,165 | -€13,657 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,492 | -€11,165 | -€13,657 |
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 27 October 2026 via checked.be.