DIST: what changed
Two fiscal 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.
DIST
Largest movements
- Cash -€256,758
down €256,758 (-81.1%), from €316,439 to €59,681
mainly Contributions, distributions and other (-€527,400) and Receivables within one year (-€3,086)
- Current investments -€50,000
down €50,000 (-7.7%), from €650,000 to €600,000
- Contributions -€527,400
down €527,400 (-89.6%), from €588,900 to €61,500
- Reserves +€205,900
up €205,900 (+16.9%), from €1.2m to €1.4m
of which Distributable reserves: +€205,900
- Taxes +€5,317
new in 2025: €5,317
- Financial income -€820
down €820 (-0.4%), from €205,946 to €205,126
- Gross operating margin -€304
down €304 (-1.5%), from €20,712 to €20,408
- Financial charges -€299
down €299 (-2.2%), from €13,478 to €13,179
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.
Cash bridge derived
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 | €2,602,122 | €2,298,450 | -€303,672 | -11.7% |
| Fixed assets | 21/28 | €1,433,148 | €1,433,148 | = | 0.0% |
| Financial fixed assets | 28 | €1,433,148 | €1,433,148 | = | 0.0% |
| Current assets | 29/58 | €1,168,975 | €865,302 | -€303,672 | -26.0% |
| Amounts receivable within one year | 40/41 | €202,535 | €205,621 | +€3,086 | +1.5% |
| Trade receivables | 40 | €4,525 | €7,611 | +€3,086 | +68.2% |
| Other amounts receivable | 41 | €198,010 | €198,010 | = | 0.0% |
| Current investments | 50/53 | €650,000 | €600,000 | -€50,000 | -7.7% |
| Cash at bank and in hand | 54/58 | €316,439 | €59,681 | -€256,758 | -81.1% |
| Total equity and liabilities | 10/49 | €2,602,122 | €2,298,450 | -€303,672 | -11.7% |
| Equity | 10/15 | €1,807,825 | €1,486,314 | -€321,512 | -17.8% |
| Contributions | 10/11 | €588,900 | €61,500 | -€527,400 | -89.6% |
| Capital | 10 | €588,900 | €61,500 | -€527,400 | -89.6% |
| Issued capital | 100 | €588,900 | €61,500 | -€527,400 | -89.6% |
| Reserves | 13 | €1,218,890 | €1,424,790 | +€205,900 | +16.9% |
| Non-distributable reserves | 130/1 | €58,890 | €58,890 | = | 0.0% |
| Legal reserve | 130 | €58,890 | €58,890 | = | 0.0% |
| Distributable reserves | 133 | €1,160,000 | €1,365,900 | +€205,900 | +17.8% |
| Profit (loss) carried forward | 14 | €35 | €24 | -€12 | -33.2% |
| Amounts payable | 17/49 | €794,297 | €812,136 | +€17,839 | +2.2% |
| Amounts payable after more than one year | 17 | €750,000 | €750,000 | = | 0.0% |
| Financial debts | 170/4 | €750,000 | €750,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,922 | €9,636 | +€4,714 | +95.8% |
| Trade debts | 44 | - | €4,790 | +€4,790 | |
| Suppliers | 440/4 | - | €4,790 | +€4,790 | |
| Taxes, remuneration and social security | 45 | €4,922 | €4,846 | -€76 | -1.5% |
| Taxes | 450/3 | €4,922 | €4,846 | -€76 | -1.5% |
| Accrued charges and deferred income | 492/3 | €39,375 | €52,500 | +€13,125 | +33.3% |
| Other operating charges | 640/8 | €1,255 | €1,150 | -€105 | -8.4% |
| Gross operating margin | 9900 | €20,712 | €20,408 | -€304 | -1.5% |
| Operating profit (loss) | 9901 | €19,457 | €19,258 | -€199 | -1.0% |
| Financial income | 75/76B | €205,946 | €205,126 | -€820 | -0.4% |
| Recurring financial income | 75 | €205,946 | €205,126 | -€820 | -0.4% |
| Financial charges | 65/66B | €13,478 | €13,179 | -€299 | -2.2% |
| Recurring financial charges | 65 | €13,478 | €13,179 | -€299 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €211,925 | €211,205 | -€720 | -0.3% |
| Income taxes | 67/77 | - | €5,317 | +€5,317 | |
| Profit (loss) for the period | 9904 | €211,925 | €205,888 | -€6,037 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €211,925 | €205,888 | -€6,037 | -2.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.