DISTRI BRANDS: 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.
What changed
DISTRI BRANDS
NACE 73.110, Advertising agencies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€409,236
2024 · €721,439-€312,203
Equity
€1.7m
2024 · €1.5m+€209,236
Cash
€17,435
2024 · €149,711-€132,276
Balance sheet total
€4.8m
2024 · €4.0m+€837,471
Largest movements
Assets
- Stocks and contracts +€606,983
up €606,983 (+40.6%), from €1.5m to €2.1m
- Receivables within one year +€369,404
up €369,404 (+17.3%), from €2.1m to €2.5m
of which Trade receivables: +€368,034
- Cash -€132,276
down €132,276 (-88.4%), from €149,711 to €17,435
mainly Stocks and contracts (-€606,983) and Receivables within one year (-€369,404)
Equity and liabilities
- Short-term financial debts +€551,427
up €551,427 (+1,067%), from €51,663 to €603,090
- Trade debts +€313,882
up €313,882 (+18.9%), from €1.7m to €2.0m
- Other debts -€226,193
down €226,193 (-52.8%), from €428,438 to €202,245
- Profit (loss) carried forward +€209,236
up €209,236 (+15.0%), from €1.4m to €1.6m
Income statement
- Gross operating margin -€365,998
down €365,998 (-24.0%), from €1.5m to €1.2m
- Staff costs +€52,627
up €52,627 (+14.2%), from €370,368 to €422,995
- Taxes -€33,894
down €33,894 (-28.6%), from €118,573 to €84,679
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
€721,439
Gross operating margin
-€365,998
Staff costs
-€52,627
Depreciation
-€2,322
Other operating charges
-€3,273
Other operating items
+€78,252
Financial income
+€12,953
Financial charges
-€13,082
Taxes
+€33,894
Result 2025
€409,236
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
-€404,661
Investment
-€59,527
Financing
+€331,912
Cash 2024
€149,711
From operations (derived)
-€404,661
Net result for the year
+€409,236
Depreciation
+€74,866
Stocks and contracts
-€606,983
Receivables within one year
-€369,404
Deferred charges and accrued income
-€8,699
Trade debts
+€313,882
Tax, wage and social debts
+€9,084
Other debts
-€226,193
Accrued charges and deferred income
-€450
Investment (derived)
-€59,527
Investment in fixed assets (net)
-€59,527
Financing
+€331,912
Debts after one year
-€20,457
Current portion of long-term debt
+€942
Short-term financial debts
+€551,427
Contributions, distributions and other
-€200,000
Cash 2025
€17,435
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,955,171 | €4,792,642 | +€837,471 | +21.2% |
| Fixed assets | 21/28 | €132,219 | €116,880 | -€15,339 | -11.6% |
| Tangible fixed assets | 22/27 | €122,169 | €106,830 | -€15,339 | -12.6% |
| Furniture and vehicles | 24 | €122,169 | €106,830 | -€15,339 | -12.6% |
| Financial fixed assets | 28 | €10,050 | €10,050 | = | 0.0% |
| Current assets | 29/58 | €3,822,952 | €4,675,762 | +€852,810 | +22.3% |
| Stocks and contracts in progress | 3 | €1,495,306 | €2,102,289 | +€606,983 | +40.6% |
| Stocks | 30/36 | €1,495,306 | €2,102,289 | +€606,983 | +40.6% |
| Amounts receivable within one year | 40/41 | €2,136,613 | €2,506,017 | +€369,404 | +17.3% |
| Trade receivables | 40 | €2,136,613 | €2,504,647 | +€368,034 | +17.2% |
| Other amounts receivable | 41 | - | €1,370 | +€1,370 | |
| Cash at bank and in hand | 54/58 | €149,711 | €17,435 | -€132,276 | -88.4% |
| Deferred charges and accrued income | 490/1 | €41,322 | €50,021 | +€8,699 | +21.1% |
| Total equity and liabilities | 10/49 | €3,955,171 | €4,792,642 | +€837,471 | +21.2% |
| Equity | 10/15 | €1,466,414 | €1,675,650 | +€209,236 | +14.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,398,764 | €1,608,000 | +€209,236 | +15.0% |
| Amounts payable | 17/49 | €2,488,757 | €3,116,992 | +€628,235 | +25.2% |
| Amounts payable after more than one year | 17 | €27,493 | €7,036 | -€20,457 | -74.4% |
| Financial debts | 170/4 | €27,493 | €7,036 | -€20,457 | -74.4% |
| Amounts payable within one year | 42/48 | €2,460,814 | €3,109,956 | +€649,142 | +26.4% |
| Current portion of amounts payable after more than one year | 42 | €19,515 | €20,457 | +€942 | +4.8% |
| Financial debts | 43 | €51,663 | €603,090 | +€551,427 | +1,067% |
| Credit institutions | 430/8 | €51,663 | €603,090 | +€551,427 | +1,067% |
| Trade debts | 44 | €1,660,511 | €1,974,393 | +€313,882 | +18.9% |
| Suppliers | 440/4 | €1,660,511 | €1,974,393 | +€313,882 | +18.9% |
| Taxes, remuneration and social security | 45 | €300,687 | €309,771 | +€9,084 | +3.0% |
| Taxes | 450/3 | €271,153 | €294,447 | +€23,294 | +8.6% |
| Remuneration and social security | 454/9 | €29,534 | €15,324 | -€14,210 | -48.1% |
| Other amounts payable | 47/48 | €428,438 | €202,245 | -€226,193 | -52.8% |
| Accrued charges and deferred income | 492/3 | €450 | - | -€450 | |
| Non-recurring operating income | 76A | €141 | €5,840 | +€5,699 | +4,042% |
| Remuneration, social security and pensions | 62 | €370,368 | €422,995 | +€52,627 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,544 | €74,866 | +€2,322 | +3.2% |
| Other operating charges | 640/8 | €49,770 | €53,043 | +€3,273 | +6.6% |
| Non-recurring operating charges | 66A | €78,252 | - | -€78,252 | |
| Gross operating margin | 9900 | €1,522,583 | €1,156,585 | -€365,998 | -24.0% |
| Operating profit (loss) | 9901 | €951,649 | €605,681 | -€345,968 | -36.4% |
| Financial income | 75/76B | €5,932 | €18,885 | +€12,953 | +218% |
| Recurring financial income | 75 | €5,932 | €18,885 | +€12,953 | +218% |
| Financial charges | 65/66B | €117,569 | €130,651 | +€13,082 | +11.1% |
| Recurring financial charges | 65 | €117,569 | €130,651 | +€13,082 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €840,012 | €493,915 | -€346,097 | -41.2% |
| Income taxes | 67/77 | €118,573 | €84,679 | -€33,894 | -28.6% |
| Profit (loss) for the period | 9904 | €721,439 | €409,236 | -€312,203 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €721,439 | €409,236 | -€312,203 | -43.3% |
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 20 October 2026 via checked.be.