Distill IT: 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.
Distill IT
Largest movements
- Stocks and contracts +€30,000
up €30,000 (+11.5%), from €260,000 to €290,000
- Tangible fixed assets -€16,786
down €16,786 (-6.8%), from €248,217 to €231,431
of which Land and buildings: -€19,544
- Other debts +€38,355
up €38,355 (+100.9%), from €38,000 to €76,355
- Trade debts -€28,163
down €28,163 (-72.8%), from €38,669 to €10,506
- Debts after one year -€18,354
down €18,354 (-12.8%), from €143,444 to €125,090
- Tax, wage and social debts +€11,265
up €11,265 (+189.0%), from €5,961 to €17,227
- Gross operating margin -€12,961
down €12,961 (-11.0%), from €118,355 to €105,394
- Taxes -€12,934
down €12,934 (-33.2%), from €38,960 to €26,025
- Depreciation +€3,281
up €3,281 (+15.1%), from €21,717 to €24,998
- Other operating charges -€1,451
down €1,451 (-69.1%), from €2,101 to €650
- Financial charges -€1,261
down €1,261 (-27.1%), from €4,660 to €3,399
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 | €540,384 | €549,658 | +€9,274 | +1.7% |
| Fixed assets | 21/28 | €248,261 | €231,474 | -€16,786 | -6.8% |
| Tangible fixed assets | 22/27 | €248,217 | €231,431 | -€16,786 | -6.8% |
| Land and buildings | 22 | €238,496 | €218,952 | -€19,544 | -8.2% |
| Plant, machinery and equipment | 23 | - | €1,145 | +€1,145 | |
| Furniture and vehicles | 24 | €9,721 | €11,334 | +€1,613 | +16.6% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €292,124 | €318,184 | +€26,060 | +8.9% |
| Stocks and contracts in progress | 3 | €260,000 | €290,000 | +€30,000 | +11.5% |
| Stocks | 30/36 | €260,000 | €290,000 | +€30,000 | +11.5% |
| Amounts receivable within one year | 40/41 | €22,423 | €22,030 | -€393 | -1.8% |
| Trade receivables | 40 | €19,723 | €16,573 | -€3,150 | -16.0% |
| Other amounts receivable | 41 | €2,700 | €5,457 | +€2,757 | +102.1% |
| Cash at bank and in hand | 54/58 | €7,023 | €5,161 | -€1,862 | -26.5% |
| Deferred charges and accrued income | 490/1 | €2,677 | €993 | -€1,685 | -62.9% |
| Total equity and liabilities | 10/49 | €540,384 | €549,658 | +€9,274 | +1.7% |
| Equity | 10/15 | €295,421 | €300,743 | +€5,321 | +1.8% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €263,200 | €268,200 | +€5,000 | +1.9% |
| Distributable reserves | 133 | €263,200 | €268,200 | +€5,000 | +1.9% |
| Profit (loss) carried forward | 14 | €1,221 | €1,543 | +€321 | +26.3% |
| Amounts payable | 17/49 | €244,963 | €248,915 | +€3,952 | +1.6% |
| Amounts payable after more than one year | 17 | €143,444 | €125,090 | -€18,354 | -12.8% |
| Financial debts | 170/4 | €143,444 | €125,090 | -€18,354 | -12.8% |
| Amounts payable within one year | 42/48 | €100,559 | €122,441 | +€21,882 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | €17,929 | €18,354 | +€424 | +2.4% |
| Trade debts | 44 | €38,669 | €10,506 | -€28,163 | -72.8% |
| Suppliers | 440/4 | €38,669 | €10,506 | -€28,163 | -72.8% |
| Taxes, remuneration and social security | 45 | €5,961 | €17,227 | +€11,265 | +189.0% |
| Taxes | 450/3 | €5,961 | €17,227 | +€11,265 | +189.0% |
| Other amounts payable | 47/48 | €38,000 | €76,355 | +€38,355 | +100.9% |
| Accrued charges and deferred income | 492/3 | €960 | €1,384 | +€424 | +44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,717 | €24,998 | +€3,281 | +15.1% |
| Other operating charges | 640/8 | €2,101 | €650 | -€1,451 | -69.1% |
| Non-recurring operating charges | 66A | €10,000 | - | -€10,000 | |
| Gross operating margin | 9900 | €118,355 | €105,394 | -€12,961 | -11.0% |
| Operating profit (loss) | 9901 | €84,537 | €79,746 | -€4,791 | -5.7% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €4,660 | €3,399 | -€1,261 | -27.1% |
| Recurring financial charges | 65 | €4,660 | €3,399 | -€1,261 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €79,896 | €76,347 | -€3,549 | -4.4% |
| Income taxes | 67/77 | €38,960 | €26,025 | -€12,934 | -33.2% |
| Profit (loss) for the period | 9904 | €40,936 | €50,321 | +€9,385 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €40,936 | €50,321 | +€9,385 | +22.9% |
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 6 October 2026 via checked.be.