DISTRI-HOUT: 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-HOUT
NACE 46.832, Wholesale of timber
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.0m
2024 · €2.1m-€148,462
Equity
€6.9m
2024 · €6.5m+€461,052
Cash
€1.9m
2024 · €1.4m+€523,661
Balance sheet total
€10.7m
2024 · €8.7m+€1.9m
Largest movements
Assets
- Stocks and contracts +€1.6m
up €1.6m (+52.1%), from €3.0m to €4.6m
- Cash +€523,661
up €523,661 (+37.6%), from €1.4m to €1.9m
mainly Net result for the year (+€2.0m) and Other debts (+€1.5m)
- Receivables within one year -€180,605
down €180,605 (-4.4%), from €4.1m to €3.9m
of which Trade receivables: -€95,899
Equity and liabilities
- Other debts +€1.5m
up €1.5m, from €0 to €1.5m
- Profit (loss) carried forward +€461,052
up €461,052 (+12.9%), from €3.6m to €4.0m
Income statement
- Goods and materials +€1.5m
up €1.5m (+8.6%), from €17.2m to €18.7m
of which Purchases: +€2.8m
- Turnover +€1.3m
up €1.3m (+5.3%), from €23.7m to €24.9m
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
€2.1m
Turnover
+€1.3m
Other operating income
-€17,684
Goods and materials
-€1.5m
Services and other goods
-€111,652
Staff costs
-€73,207
Depreciation
+€30,256
Write-downs
+€60,263
Other operating charges
+€35,284
Other operating items
+€5,145
Financial income
+€31,998
Financial charges
+€59,508
Taxes
+€49,003
Result 2025
€2.0m
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
+€2.0m
Investment
-€1,610
Financing
-€1.5m
Cash 2024
€1.4m
From operations (derived)
+€2.0m
Net result for the year
+€2.0m
Depreciation
+€32,389
Stocks and contracts
-€1.6m
Receivables within one year
+€180,605
Deferred charges and accrued income
-€22,497
Trade debts
-€56,022
Tax, wage and social debts
-€9,545
Other debts
+€1.5m
Accrued charges and deferred income
+€17,910
Investment (derived)
-€1,610
Investment in fixed assets (net)
-€1,610
Financing
-€1.5m
Current portion of long-term debt
-€1,774
Contributions, distributions and other
-€1.5m
Cash 2025
€1.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,743,500 | €10,655,122 | +€1.9m | +21.9% |
| Fixed assets | 21/28 | €202,238 | €171,459 | -€30,779 | -15.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €202,198 | €171,459 | -€30,739 | -15.2% |
| Land and buildings | 22 | €181,875 | €166,343 | -€15,531 | -8.5% |
| Plant, machinery and equipment | 23 | €951 | €45 | -€906 | -95.3% |
| Furniture and vehicles | 24 | €19,373 | €5,071 | -€14,302 | -73.8% |
| Financial fixed assets | 28 | €40 | €0 | -€40 | -100% |
| Other financial fixed assets | 284/8 | €40 | €0 | -€40 | -100% |
| Amounts receivable and cash guarantees | 285/8 | €40 | €0 | -€40 | -100% |
| Current assets | 29/58 | €8,541,262 | €10,483,663 | +€1.9m | +22.7% |
| Stocks and contracts in progress | 3 | €3,024,910 | €4,601,757 | +€1.6m | +52.1% |
| Stocks | 30/36 | €3,024,910 | €4,601,757 | +€1.6m | +52.1% |
| Goods purchased for resale | 34 | €3,024,910 | €4,601,757 | +€1.6m | +52.1% |
| Amounts receivable within one year | 40/41 | €4,123,138 | €3,942,534 | -€180,605 | -4.4% |
| Trade receivables | 40 | €3,874,433 | €3,778,534 | -€95,899 | -2.5% |
| Other amounts receivable | 41 | €248,705 | €164,000 | -€84,705 | -34.1% |
| Cash at bank and in hand | 54/58 | €1,393,215 | €1,916,875 | +€523,661 | +37.6% |
| Deferred charges and accrued income | 490/1 | - | €22,497 | +€22,497 | |
| Total equity and liabilities | 10/49 | €8,743,500 | €10,655,122 | +€1.9m | +21.9% |
| Equity | 10/15 | €6,483,153 | €6,944,205 | +€461,052 | +7.1% |
| Contributions | 10/11 | €1,305,000 | €1,305,000 | = | 0.0% |
| Capital | 10 | €1,305,000 | €1,305,000 | = | 0.0% |
| Issued capital | 100 | €1,305,000 | €1,305,000 | = | 0.0% |
| Reserves | 13 | €1,600,362 | €1,600,362 | = | 0.0% |
| Non-distributable reserves | 130/1 | €130,500 | €130,500 | = | 0.0% |
| Legal reserve | 130 | €130,500 | €130,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,178,800 | €757,800 | -€421,000 | -35.7% |
| Distributable reserves | 133 | €291,062 | €712,062 | +€421,000 | +145% |
| Profit (loss) carried forward | 14 | €3,577,791 | €4,038,843 | +€461,052 | +12.9% |
| Amounts payable | 17/49 | €2,260,348 | €3,710,917 | +€1.5m | +64.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Credit institutions | 173 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €2,254,098 | €3,686,757 | +€1.4m | +63.6% |
| Current portion of amounts payable after more than one year | 42 | €1,774 | €0 | -€1,774 | -100% |
| Trade debts | 44 | €1,735,832 | €1,679,810 | -€56,022 | -3.2% |
| Suppliers | 440/4 | €1,735,832 | €1,679,810 | -€56,022 | -3.2% |
| Taxes, remuneration and social security | 45 | €516,492 | €506,947 | -€9,545 | -1.8% |
| Taxes | 450/3 | €326,201 | €299,527 | -€26,675 | -8.2% |
| Remuneration and social security | 454/9 | €190,291 | €207,421 | +€17,130 | +9.0% |
| Other amounts payable | 47/48 | €0 | €1,500,000 | +€1.5m | |
| Accrued charges and deferred income | 492/3 | €6,250 | €24,160 | +€17,910 | +287% |
| Operating income | 70/76A | €23,750,637 | €24,997,299 | +€1.2m | +5.2% |
| Turnover | 70 | €23,663,103 | €24,927,862 | +€1.3m | +5.3% |
| Other operating income | 74 | €86,707 | €69,023 | -€17,684 | -20.4% |
| Non-recurring operating income | 76A | €826 | €413 | -€413 | -50.0% |
| Operating charges | 60/66A | €20,681,639 | €22,217,273 | +€1.5m | +7.4% |
| Goods for resale, raw materials and consumables | 60 | €17,192,984 | €18,675,120 | +€1.5m | +8.6% |
| Purchases | 600/8 | €17,324,790 | €20,146,200 | +€2.8m | +16.3% |
| Change in stocks: decrease (increase) | 609 | -€131,806 | -€1,471,080 | -€1.3m | -1,016% |
| Services and other goods | 61 | €1,958,676 | €2,070,328 | +€111,652 | +5.7% |
| Remuneration, social security and pensions | 62 | €1,438,352 | €1,511,559 | +€73,207 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,645 | €32,389 | -€30,256 | -48.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€45,630 | -€105,893 | -€60,263 | -132% |
| Other operating charges | 640/8 | €69,054 | €33,770 | -€35,284 | -51.1% |
| Non-recurring operating charges | 66A | €5,558 | €0 | -€5,558 | -100% |
| Operating profit (loss) | 9901 | €3,068,997 | €2,780,026 | -€288,972 | -9.4% |
| Financial income | 75/76B | €288,636 | €320,633 | +€31,998 | +11.1% |
| Recurring financial income | 75 | €288,636 | €320,633 | +€31,998 | +11.1% |
| Income from financial fixed assets | 750 | €0 | - | = | |
| Income from current assets | 751 | €41,602 | €0 | -€41,602 | -100% |
| Other financial income | 752/9 | €247,034 | €320,633 | +€73,600 | +29.8% |
| Financial charges | 65/66B | €527,163 | €467,655 | -€59,508 | -11.3% |
| Recurring financial charges | 65 | €527,163 | €467,655 | -€59,508 | -11.3% |
| Debt charges | 650 | €467 | €19,708 | +€19,241 | +4,117% |
| Other financial charges | 652/9 | €526,696 | €447,947 | -€78,749 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €2,830,469 | €2,633,004 | -€197,466 | -7.0% |
| Income taxes | 67/77 | €720,955 | €671,951 | -€49,003 | -6.8% |
| Taxes | 670/3 | €721,000 | €672,000 | -€49,000 | -6.8% |
| Tax adjustments and reversals of tax provisions | 77 | €45 | €49 | +€3 | +7.7% |
| Profit (loss) for the period | 9904 | €2,109,515 | €1,961,052 | -€148,462 | -7.0% |
| Transfer from tax-exempt reserves | 789 | €149,311 | €421,000 | +€271,689 | +182% |
| Profit (loss) for the period to be appropriated | 9905 | €2,258,826 | €2,382,052 | +€123,227 | +5.5% |
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 28 October 2026 via checked.be.