DISTIMMO: 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.
What changed
DISTIMMO
NACE 68.110, Buying and selling of own real estate
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€84,230
2024 · -€123,435+€39,205
Equity
€7.7m
2024 · €815,635+€6.9m
Cash
€40,178
2024 · €2,939+€37,239
Balance sheet total
€17.6m
2024 · €6.1m+€11.5m
Largest movements
Assets
- Tangible fixed assets +€9.0m
up €9.0m (+174.9%), from €5.2m to €14.2m
of which Land and buildings: +€9.0m
- Current investments +€2.5m
new in 2025: €2.5m
Equity and liabilities
- Contributions +€7.0m
up €7.0m (+11096.4%), from €63,000 to €7.1m
- Other debts +€2.5m
up €2.5m (+93.8%), from €2.7m to €5.1m
- Debts after one year +€2.0m
up €2.0m (+93.0%), from €2.1m to €4.1m
- Current portion of long-term debt +€211,830
up €211,830 (+63.1%), from €335,968 to €547,797
Income statement
- Gross operating margin +€255,337
up €255,337 (+97.1%), from €262,990 to €518,327
- Depreciation +€225,789
up €225,789 (+93.6%), from €241,128 to €466,918
- Financial income +€8,727
up €8,727 (+34.3%), from €25,461 to €34,189
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.
Result 2024
-€123,435
Gross operating margin
+€255,337
Depreciation
-€225,789
Other operating charges
+€3,897
Financial income
+€8,727
Financial charges
-€808
Taxes
-€2,160
Result 2025
-€84,230
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.
From operations
+€2.9m
Investment
-€12.0m
Financing
+€9.2m
Cash 2024
€2,939
From operations (derived)
+€2.9m
Net result for the year
-€84,230
Depreciation
+€466,918
Receivables within one year
+€35,737
Smaller working-capital items
-€6,927
Other debts
+€2.5m
Investment (derived)
-€12.0m
Investment in fixed assets (net)
-€9.5m
Current investments
-€2.5m
Financing
+€9.2m
Debts after one year
+€2.0m
Current portion of long-term debt
+€211,830
Contributions, distributions and other
+€7.0m
Cash 2025
€40,178
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,089,503 | €17,634,823 | +€11.5m | +189.6% |
| Formation expenses | 20 | - | €3,467 | +€3,467 | |
| Fixed assets | 21/28 | €5,921,604 | €14,968,362 | +€9.0m | +152.8% |
| Tangible fixed assets | 22/27 | €5,171,604 | €14,218,362 | +€9.0m | +174.9% |
| Land and buildings | 22 | €5,093,222 | €14,093,861 | +€9.0m | +176.7% |
| Plant, machinery and equipment | 23 | €78,382 | €124,502 | +€46,119 | +58.8% |
| Financial fixed assets | 28 | €750,000 | €750,000 | = | 0.0% |
| Current assets | 29/58 | €167,898 | €2,662,994 | +€2.5m | +1486.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €53,838 | €53,838 | = | 0.0% |
| Stocks | 30/36 | €53,838 | €53,838 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €96,878 | €61,141 | -€35,737 | -36.9% |
| Trade receivables | 40 | €40,051 | €55,527 | +€15,476 | +38.6% |
| Other amounts receivable | 41 | €56,826 | €5,614 | -€51,213 | -90.1% |
| Current investments | 50/53 | - | €2,500,000 | +€2.5m | |
| Cash at bank and in hand | 54/58 | €2,939 | €40,178 | +€37,239 | +1266.9% |
| Deferred charges and accrued income | 490/1 | €14,244 | €7,836 | -€6,407 | -45.0% |
| Total equity and liabilities | 10/49 | €6,089,503 | €17,634,823 | +€11.5m | +189.6% |
| Equity | 10/15 | €815,635 | €7,722,139 | +€6.9m | +846.8% |
| Contributions | 10/11 | €63,000 | €7,053,735 | +€7.0m | +11096.4% |
| Capital | 10 | €63,000 | €7,053,735 | +€7.0m | +11096.4% |
| Issued capital | 100 | €63,000 | €7,053,735 | +€7.0m | +11096.4% |
| Reserves | 13 | €869,592 | €863,115 | -€6,477 | -0.7% |
| Non-distributable reserves | 130/1 | €18,309 | €18,309 | = | 0.0% |
| Legal reserve | 130 | €18,309 | €18,309 | = | 0.0% |
| Tax-exempt reserves | 132 | €93,919 | €87,442 | -€6,477 | -6.9% |
| Distributable reserves | 133 | €757,364 | €757,364 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,958 | -€194,711 | -€77,753 | -66.5% |
| Provisions and deferred taxes | 16 | €31,306 | €29,147 | -€2,159 | -6.9% |
| Deferred taxes | 168 | €31,306 | €29,147 | -€2,159 | -6.9% |
| Amounts payable | 17/49 | €5,242,562 | €9,883,536 | +€4.6m | +88.5% |
| Amounts payable after more than one year | 17 | €2,098,545 | €4,050,747 | +€2.0m | +93.0% |
| Financial debts | 170/4 | €2,098,545 | €4,050,747 | +€2.0m | +93.0% |
| Amounts payable within one year | 42/48 | €3,133,557 | €5,823,859 | +€2.7m | +85.9% |
| Current portion of amounts payable after more than one year | 42 | €335,968 | €547,797 | +€211,830 | +63.1% |
| Trade debts | 44 | €143,311 | €133,289 | -€10,021 | -7.0% |
| Suppliers | 440/4 | €143,311 | €133,289 | -€10,021 | -7.0% |
| Advances received on contracts in progress | 46 | €750 | €0 | -€750 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | €1,126 | +€1,126 | |
| Taxes | 450/3 | €0 | €1,126 | +€1,126 | |
| Other amounts payable | 47/48 | €2,653,528 | €5,141,646 | +€2.5m | +93.8% |
| Accrued charges and deferred income | 492/3 | €10,461 | €8,930 | -€1,530 | -14.6% |
| Non-recurring operating income | 76A | - | €71,197 | +€71,197 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €241,128 | €466,918 | +€225,789 | +93.6% |
| Other operating charges | 640/8 | €25,100 | €21,204 | -€3,897 | -15.5% |
| Gross operating margin | 9900 | €262,990 | €518,327 | +€255,337 | +97.1% |
| Operating profit (loss) | 9901 | -€3,239 | €30,206 | +€33,444 | |
| Financial income | 75/76B | €25,461 | €34,189 | +€8,727 | +34.3% |
| Recurring financial income | 75 | €25,461 | €34,189 | +€8,727 | +34.3% |
| Financial charges | 65/66B | €147,817 | €148,624 | +€808 | +0.5% |
| Recurring financial charges | 65 | €147,817 | €148,624 | +€808 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | -€125,594 | -€84,230 | +€41,364 | +32.9% |
| Transfer from deferred taxes | 780 | €2,159 | €2,159 | = | 0.0% |
| Income taxes | 67/77 | €0 | €2,160 | +€2,160 | |
| Profit (loss) for the period | 9904 | -€123,435 | -€84,230 | +€39,205 | +31.8% |
| Transfer from tax-exempt reserves | 789 | €6,477 | €6,477 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€116,958 | -€77,753 | +€39,205 | +33.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.