Distri 7: 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.
Distri 7
Largest movements
- Stocks and contracts +€283,789
up €283,789 (+38.3%), from €740,088 to €1.0m
of which Contracts in progress: +€1.0m
- Receivables within one year +€146,453
up €146,453 (+20.4%), from €719,340 to €865,793
of which Trade receivables: +€158,109
- Cash +€40,197
new in 2025: €40,197
mainly Advances received (+€151,193) and Trade debts (+€131,777)
- Advances received +€151,193
up €151,193 (+137.0%), from €110,334 to €261,527
- Trade debts +€131,777
up €131,777 (+24.6%), from €536,664 to €668,441
- Current portion of long-term debt +€113,411
up €113,411 (+51.3%), from €221,006 to €334,417
- Debts after one year +€54,825
up €54,825 (+13.6%), from €402,000 to €456,825
- Financial charges -€20,990
down €20,990 (-38.1%), from €55,156 to €34,166
- Taxes -€18,548
no longer reported in 2025 (was €18,548)
- Gross operating margin -€17,228
down €17,228 (-15.0%), from €115,231 to €98,003
- Staff costs +€12,871
up €12,871 (+44.9%), from €28,655 to €41,526
- Other operating charges -€6,901
down €6,901 (-95.0%), from €7,264 to €363
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 | €1,465,560 | €1,929,867 | +€464,307 | +31.7% |
| Fixed assets | 21/28 | €6,132 | - | -€6,132 | |
| Intangible fixed assets | 21 | €6,132 | - | -€6,132 | |
| Current assets | 29/58 | €1,459,428 | €1,929,867 | +€470,439 | +32.2% |
| Stocks and contracts in progress | 3 | €740,088 | €1,023,877 | +€283,789 | +38.3% |
| Stocks | 30/36 | €740,088 | €1 | -€740,087 | -100.0% |
| Contracts in progress | 37 | - | €1,023,876 | +€1.0m | |
| Amounts receivable within one year | 40/41 | €719,340 | €865,793 | +€146,453 | +20.4% |
| Trade receivables | 40 | €707,684 | €865,793 | +€158,109 | +22.3% |
| Other amounts receivable | 41 | €11,656 | - | -€11,656 | |
| Cash at bank and in hand | 54/58 | - | €40,197 | +€40,197 | |
| Total equity and liabilities | 10/49 | €1,465,560 | €1,929,867 | +€464,307 | +31.7% |
| Equity | 10/15 | €171,361 | €187,177 | +€15,816 | +9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,761 | €168,577 | +€15,816 | +10.4% |
| Amounts payable | 17/49 | €1,294,199 | €1,742,690 | +€448,491 | +34.7% |
| Amounts payable after more than one year | 17 | €402,000 | €456,825 | +€54,825 | +13.6% |
| Financial debts | 170/4 | €402,000 | €456,825 | +€54,825 | +13.6% |
| Amounts payable within one year | 42/48 | €892,199 | €1,283,291 | +€391,092 | +43.8% |
| Current portion of amounts payable after more than one year | 42 | €221,006 | €334,417 | +€113,411 | +51.3% |
| Financial debts | 43 | €1,842 | - | -€1,842 | |
| Credit institutions | 430/8 | €1,842 | - | -€1,842 | |
| Trade debts | 44 | €536,664 | €668,441 | +€131,777 | +24.6% |
| Suppliers | 440/4 | €536,664 | €668,441 | +€131,777 | +24.6% |
| Advances received on contracts in progress | 46 | €110,334 | €261,527 | +€151,193 | +137.0% |
| Taxes, remuneration and social security | 45 | €22,353 | €18,906 | -€3,447 | -15.4% |
| Taxes | 450/3 | €16,954 | €11,120 | -€5,834 | -34.4% |
| Remuneration and social security | 454/9 | €5,399 | €7,786 | +€2,387 | +44.2% |
| Accrued charges and deferred income | 492/3 | - | €2,574 | +€2,574 | |
| Remuneration, social security and pensions | 62 | €28,655 | €41,526 | +€12,871 | +44.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,451 | €6,132 | -€5,319 | -46.5% |
| Other operating charges | 640/8 | €7,264 | €363 | -€6,901 | -95.0% |
| Gross operating margin | 9900 | €115,231 | €98,003 | -€17,228 | -15.0% |
| Operating profit (loss) | 9901 | €67,861 | €49,982 | -€17,879 | -26.3% |
| Financial income | 75/76B | €76 | - | -€76 | |
| Recurring financial income | 75 | €76 | - | -€76 | |
| Financial charges | 65/66B | €55,156 | €34,166 | -€20,990 | -38.1% |
| Recurring financial charges | 65 | €55,156 | €34,166 | -€20,990 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €12,781 | €15,816 | +€3,035 | +23.7% |
| Income taxes | 67/77 | €18,548 | - | -€18,548 | |
| Profit (loss) for the period | 9904 | -€5,767 | €15,816 | +€21,583 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,767 | €15,816 | +€21,583 |
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 1 October 2026 via checked.be.