Distave: 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.
Distave
Largest movements
- Cash +€156,156
up €156,156 (+101.5%), from €153,829 to €309,984
mainly Other debts (+€272,943) and Net result for the year (+€133,286)
- Current investments -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Tangible fixed assets -€26,501
down €26,501 (-23.2%), from €114,317 to €87,816
of which Other tangible fixed assets: -€15,761
- Stocks and contracts -€6,170
down €6,170 (-4.2%), from €146,048 to €139,878
- Other debts +€272,943
up €272,943 (+524.8%), from €52,007 to €324,950
- Reserves -€230,122
down €230,122 (-77.8%), from €295,726 to €65,603
- Debts after one year -€15,902
down €15,902 (-18.6%), from €85,646 to €69,744
- Tax, wage and social debts -€11,692
down €11,692 (-21.6%), from €54,046 to €42,353
of which Taxes: -€12,237
- Trade debts +€6,908
up €6,908 (+27.3%), from €25,314 to €32,222
- Gross operating margin +€43,217
up €43,217 (+12.6%), from €342,650 to €385,867
- Staff costs +€16,489
up €16,489 (+9.8%), from €167,460 to €183,949
- Taxes +€6,353
up €6,353 (+18.6%), from €34,198 to €40,551
- Depreciation +€3,919
up €3,919 (+17.4%), from €22,583 to €26,501
- Write-downs +€3,873
up €3,873, from -€678 to €3,194
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 | €529,433 | €554,821 | +€25,388 | +4.8% |
| Fixed assets | 21/28 | €114,392 | €87,891 | -€26,501 | -23.2% |
| Tangible fixed assets | 22/27 | €114,317 | €87,816 | -€26,501 | -23.2% |
| Land and buildings | 22 | €41,203 | €39,403 | -€1,800 | -4.4% |
| Plant, machinery and equipment | 23 | €4,940 | €4,341 | -€600 | -12.1% |
| Furniture and vehicles | 24 | €36,919 | €28,579 | -€8,340 | -22.6% |
| Other tangible fixed assets | 26 | €31,255 | €15,493 | -€15,761 | -50.4% |
| Financial fixed assets | 28 | €76 | €76 | = | 0.0% |
| Current assets | 29/58 | €415,040 | €466,930 | +€51,889 | +12.5% |
| Stocks and contracts in progress | 3 | €146,048 | €139,878 | -€6,170 | -4.2% |
| Stocks | 30/36 | €146,048 | €139,878 | -€6,170 | -4.2% |
| Amounts receivable within one year | 40/41 | €9,492 | €13,013 | +€3,520 | +37.1% |
| Trade receivables | 40 | €9,131 | €4,976 | -€4,155 | -45.5% |
| Other amounts receivable | 41 | €361 | €8,036 | +€7,675 | +2124.9% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €153,829 | €309,984 | +€156,156 | +101.5% |
| Deferred charges and accrued income | 490/1 | €5,671 | €4,055 | -€1,616 | -28.5% |
| Total equity and liabilities | 10/49 | €529,433 | €554,821 | +€25,388 | +4.8% |
| Equity | 10/15 | €293,811 | €66,603 | -€227,207 | -77.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €295,726 | €65,603 | -€230,122 | -77.8% |
| Distributable reserves | 133 | €295,726 | €65,603 | -€230,122 | -77.8% |
| Profit (loss) carried forward | 14 | -€2,915 | €0 | +€2,915 | |
| Amounts payable | 17/49 | €235,622 | €488,217 | +€252,595 | +107.2% |
| Amounts payable after more than one year | 17 | €85,646 | €69,744 | -€15,902 | -18.6% |
| Financial debts | 170/4 | €85,646 | €69,744 | -€15,902 | -18.6% |
| Amounts payable within one year | 42/48 | €149,976 | €418,473 | +€268,497 | +179.0% |
| Current portion of amounts payable after more than one year | 42 | €15,515 | €15,902 | +€387 | +2.5% |
| Financial debts | 43 | €3,095 | €3,046 | -€49 | -1.6% |
| Credit institutions | 430/8 | €3,095 | €3,046 | -€49 | -1.6% |
| Trade debts | 44 | €25,314 | €32,222 | +€6,908 | +27.3% |
| Suppliers | 440/4 | €25,314 | €32,222 | +€6,908 | +27.3% |
| Taxes, remuneration and social security | 45 | €54,046 | €42,353 | -€11,692 | -21.6% |
| Taxes | 450/3 | €31,777 | €19,540 | -€12,237 | -38.5% |
| Remuneration and social security | 454/9 | €22,268 | €22,814 | +€545 | +2.4% |
| Other amounts payable | 47/48 | €52,007 | €324,950 | +€272,943 | +524.8% |
| Non-recurring operating income | 76A | €11,312 | €0 | -€11,312 | -100.0% |
| Remuneration, social security and pensions | 62 | €167,460 | €183,949 | +€16,489 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,583 | €26,501 | +€3,919 | +17.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€678 | €3,194 | +€3,873 | |
| Other operating charges | 640/8 | €1,196 | €1,987 | +€791 | +66.2% |
| Gross operating margin | 9900 | €342,650 | €385,867 | +€43,217 | +12.6% |
| Operating profit (loss) | 9901 | €152,090 | €170,235 | +€18,145 | +11.9% |
| Financial income | 75/76B | €4,375 | €6,091 | +€1,716 | +39.2% |
| Recurring financial income | 75 | €4,375 | €6,091 | +€1,716 | +39.2% |
| Financial charges | 65/66B | €3,767 | €2,490 | -€1,278 | -33.9% |
| Recurring financial charges | 65 | €3,767 | €2,490 | -€1,278 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €152,697 | €173,837 | +€21,139 | +13.8% |
| Income taxes | 67/77 | €34,198 | €40,551 | +€6,353 | +18.6% |
| Profit (loss) for the period | 9904 | €118,499 | €133,286 | +€14,787 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €118,499 | €133,286 | +€14,787 | +12.5% |
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 9 October 2026 via checked.be.