Distri het Nest: 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 het Nest
Largest movements
- Tangible fixed assets -€621,534
down €621,534 (-43.1%), from €1.4m to €818,938
of which Land and buildings: -€618,765
- Receivables within one year +€75,918
up €75,918 (+22.0%), from €344,830 to €420,747
of which Other amounts receivable: +€76,013
- Debts after one year -€550,661
down €550,661 (-32.6%), from €1.7m to €1.1m
of which Financial debts: -€545,861
- Other debts +€361,700
up €361,700 (+246%), from €146,777 to €508,477
- Profit (loss) carried forward -€345,378
down €345,378 (-16.0%), from -€2.2m to -€2.5m
- Tax, wage and social debts -€27,165
down €27,165 (-81.0%), from €33,517 to €6,352
- Financial charges -€1.4m
down €1.4m (-81.1%), from €1.7m to €322,051
of which Non-recurring financial charges: -€1.0m
- Depreciation -€62,611
down €62,611 (-56.4%), from €111,082 to €48,471
- Gross operating margin -€11,319
down €11,319 (-23.9%), from €47,382 to €36,063
- Other operating charges +€5,030
up €5,030 (+85.4%), from €5,890 to €10,919
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 | €1,803,564 | €1,255,260 | -€548,304 | -30.4% |
| Fixed assets | 21/28 | €1,447,582 | €820,500 | -€627,083 | -43.3% |
| Intangible fixed assets | 21 | €7,111 | €1,562 | -€5,549 | -78.0% |
| Tangible fixed assets | 22/27 | €1,440,472 | €818,938 | -€621,534 | -43.1% |
| Land and buildings | 22 | €1,402,593 | €783,829 | -€618,765 | -44.1% |
| Plant, machinery and equipment | 23 | €37,878 | €35,110 | -€2,769 | -7.3% |
| Current assets | 29/58 | €355,982 | €434,761 | +€78,779 | +22.1% |
| Amounts receivable within one year | 40/41 | €344,830 | €420,747 | +€75,918 | +22.0% |
| Trade receivables | 40 | €7,610 | €7,514 | -€96 | -1.3% |
| Other amounts receivable | 41 | €337,220 | €413,233 | +€76,013 | +22.5% |
| Cash at bank and in hand | 54/58 | €137 | €14,013 | +€13,876 | +10,100% |
| Deferred charges and accrued income | 490/1 | €11,015 | - | -€11,015 | |
| Total equity and liabilities | 10/49 | €1,803,564 | €1,255,260 | -€548,304 | -30.4% |
| Equity | 10/15 | -€917,119 | -€1,262,497 | -€345,378 | -37.7% |
| Contributions | 10/11 | €1,244,647 | €1,244,647 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,161,766 | -€2,507,144 | -€345,378 | -16.0% |
| Amounts payable | 17/49 | €2,720,683 | €2,517,757 | -€202,926 | -7.5% |
| Amounts payable after more than one year | 17 | €1,690,043 | €1,139,381 | -€550,661 | -32.6% |
| Financial debts | 170/4 | €1,685,243 | €1,139,381 | -€545,861 | -32.4% |
| Other amounts payable | 178/9 | €4,800 | - | -€4,800 | |
| Amounts payable within one year | 42/48 | €1,030,640 | €1,378,376 | +€347,736 | +33.7% |
| Current portion of amounts payable after more than one year | 42 | €663,517 | €666,488 | +€2,972 | +0.4% |
| Trade debts | 44 | €186,829 | €197,058 | +€10,229 | +5.5% |
| Suppliers | 440/4 | €186,829 | €197,058 | +€10,229 | +5.5% |
| Taxes, remuneration and social security | 45 | €33,517 | €6,352 | -€27,165 | -81.0% |
| Taxes | 450/3 | €33,517 | €6,352 | -€27,165 | -81.0% |
| Other amounts payable | 47/48 | €146,777 | €508,477 | +€361,700 | +246% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,082 | €48,471 | -€62,611 | -56.4% |
| Other operating charges | 640/8 | €5,890 | €10,919 | +€5,030 | +85.4% |
| Gross operating margin | 9900 | €47,382 | €36,063 | -€11,319 | -23.9% |
| Operating profit (loss) | 9901 | -€69,590 | -€23,327 | +€46,263 | +66.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,703,880 | €322,051 | -€1.4m | -81.1% |
| Recurring financial charges | 65 | €695,770 | €322,051 | -€373,719 | -53.7% |
| Non-recurring financial charges | 66B | €1,008,110 | - | -€1.0m | |
| Profit (loss) for the period before taxes | 9903 | -€1,773,470 | -€345,378 | +€1.4m | +80.5% |
| Profit (loss) for the period | 9904 | -€1,773,470 | -€345,378 | +€1.4m | +80.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,773,470 | -€345,378 | +€1.4m | +80.5% |
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 31 October 2026 via checked.be.