DISTRI EVENT: 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.
DISTRI EVENT
Largest movements
- Receivables within one year +€67,168
up €67,168 (+61.9%), from €108,532 to €175,700
of which Other amounts receivable: +€54,058
- Cash -€23,039
down €23,039 (-23.6%), from €97,643 to €74,603
mainly Receivables within one year (-€67,168) and Trade debts (-€40,057)
- Tangible fixed assets +€10,231
up €10,231 (+18.9%), from €54,251 to €64,481
- Current investments +€8,000
new in 2025: €8,000
- Reserves +€62,000
up €62,000 (+69.0%), from €89,860 to €151,860
- Trade debts -€40,057
down €40,057 (-59.3%), from €67,556 to €27,499
- Tax, wage and social debts +€37,927
up €37,927 (+101%), from €37,586 to €75,513
of which Taxes: +€24,810
- Gross operating margin +€61,768
up €61,768 (+31.2%), from €198,112 to €259,880
- Taxes +€15,144
up €15,144 (+90.3%), from €16,771 to €31,915
- Depreciation +€6,000
up €6,000 (+26.1%), from €23,017 to €29,017
- Financial charges +€4,465
up €4,465 (+143%), from €3,123 to €7,588
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €269,945 | €331,530 | +€61,585 | +22.8% |
| Fixed assets | 21/28 | €54,516 | €64,746 | +€10,231 | +18.8% |
| Tangible fixed assets | 22/27 | €54,251 | €64,481 | +€10,231 | +18.9% |
| Furniture and vehicles | 24 | €54,251 | €64,481 | +€10,231 | +18.9% |
| Financial fixed assets | 28 | €265 | €265 | = | 0.0% |
| Current assets | 29/58 | €215,429 | €266,784 | +€51,355 | +23.8% |
| Stocks and contracts in progress | 3 | €4,029 | €4,442 | +€413 | +10.2% |
| Stocks | 30/36 | €4,029 | €4,442 | +€413 | +10.2% |
| Amounts receivable within one year | 40/41 | €108,532 | €175,700 | +€67,168 | +61.9% |
| Trade receivables | 40 | €22,398 | €35,508 | +€13,110 | +58.5% |
| Other amounts receivable | 41 | €86,134 | €140,192 | +€54,058 | +62.8% |
| Current investments | 50/53 | - | €8,000 | +€8,000 | |
| Cash at bank and in hand | 54/58 | €97,643 | €74,603 | -€23,039 | -23.6% |
| Deferred charges and accrued income | 490/1 | €5,225 | €4,038 | -€1,187 | -22.7% |
| Total equity and liabilities | 10/49 | €269,945 | €331,530 | +€61,585 | +22.8% |
| Equity | 10/15 | €161,896 | €224,768 | +€62,872 | +38.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89,860 | €151,860 | +€62,000 | +69.0% |
| Distributable reserves | 133 | €89,860 | €151,860 | +€62,000 | +69.0% |
| Profit (loss) carried forward | 14 | €53,436 | €54,308 | +€872 | +1.6% |
| Amounts payable | 17/49 | €108,049 | €106,762 | -€1,287 | -1.2% |
| Amounts payable within one year | 42/48 | €106,849 | €105,562 | -€1,287 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €1,707 | €2,550 | +€843 | +49.4% |
| Trade debts | 44 | €67,556 | €27,499 | -€40,057 | -59.3% |
| Suppliers | 440/4 | €67,556 | €27,499 | -€40,057 | -59.3% |
| Taxes, remuneration and social security | 45 | €37,586 | €75,513 | +€37,927 | +101% |
| Taxes | 450/3 | €11,900 | €36,709 | +€24,810 | +208% |
| Remuneration and social security | 454/9 | €25,687 | €38,804 | +€13,117 | +51.1% |
| Accrued charges and deferred income | 492/3 | €1,200 | €1,200 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €130,945 | €130,599 | -€346 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,017 | €29,017 | +€6,000 | +26.1% |
| Other operating charges | 640/8 | €2,891 | €2,043 | -€848 | -29.3% |
| Gross operating margin | 9900 | €198,112 | €259,880 | +€61,768 | +31.2% |
| Operating profit (loss) | 9901 | €41,259 | €98,221 | +€56,962 | +138% |
| Financial income | 75/76B | €2,426 | €4,154 | +€1,728 | +71.2% |
| Recurring financial income | 75 | €2,426 | €4,154 | +€1,728 | +71.2% |
| Financial charges | 65/66B | €3,123 | €7,588 | +€4,465 | +143% |
| Recurring financial charges | 65 | €3,123 | €7,588 | +€4,465 | +143% |
| Profit (loss) for the period before taxes | 9903 | €40,562 | €94,788 | +€54,225 | +134% |
| Income taxes | 67/77 | €16,771 | €31,915 | +€15,144 | +90.3% |
| Profit (loss) for the period | 9904 | €23,791 | €62,872 | +€39,081 | +164% |
| Profit (loss) for the period to be appropriated | 9905 | €23,791 | €62,872 | +€39,081 | +164% |
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 21 October 2026 via checked.be.