DISTRI-LIGHT: 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-LIGHT
Largest movements
- Cash -€793,731
down €793,731 (-87.6%), from €905,790 to €112,059
mainly Short-term financial debts (-€550,000) and Net result for the year (-€320,754)
- Stocks and contracts +€179,921
up €179,921 (+27.6%), from €650,794 to €830,715
- Tangible fixed assets +€45,672
up €45,672 (+83.2%), from €54,901 to €100,574
of which Plant, machinery and equipment: +€30,877
- Receivables within one year +€34,317
up €34,317 (+2.2%), from €1.6m to €1.6m
of which Trade receivables: +€78,989
- Short-term financial debts -€550,000
no longer reported in 2025 (was €550,000)
- Profit (loss) carried forward -€320,754
down €320,754, from €182,442 to -€138,313
- Trade debts +€289,849
up €289,849 (+30.3%), from €957,686 to €1.2m
- Other debts +€48,460
up €48,460 (+5.7%), from €851,869 to €900,329
- Write-downs -€30,800
down €30,800, from €9,635 to -€21,165
- Staff costs +€8,362
up €8,362 (+1.0%), from €861,504 to €869,865
- Depreciation +€7,326
up €7,326 (+72.0%), from €10,173 to €17,500
- Financial charges +€6,999
up €6,999 (+10.3%), from €67,942 to €74,941
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 | €3,205,227 | €2,672,362 | -€532,865 | -16.6% |
| Fixed assets | 21/28 | €54,976 | €100,724 | +€45,747 | +83.2% |
| Tangible fixed assets | 22/27 | €54,901 | €100,574 | +€45,672 | +83.2% |
| Plant, machinery and equipment | 23 | €5,271 | €36,148 | +€30,877 | +586% |
| Furniture and vehicles | 24 | €4,108 | €13,441 | +€9,333 | +227% |
| Other tangible fixed assets | 26 | €45,523 | €50,985 | +€5,462 | +12.0% |
| Financial fixed assets | 28 | €75 | €150 | +€75 | +100% |
| Current assets | 29/58 | €3,150,250 | €2,571,638 | -€578,612 | -18.4% |
| Stocks and contracts in progress | 3 | €650,794 | €830,715 | +€179,921 | +27.6% |
| Stocks | 30/36 | €650,794 | €830,715 | +€179,921 | +27.6% |
| Amounts receivable within one year | 40/41 | €1,586,777 | €1,621,095 | +€34,317 | +2.2% |
| Trade receivables | 40 | €1,205,106 | €1,284,095 | +€78,989 | +6.6% |
| Other amounts receivable | 41 | €381,671 | €337,000 | -€44,671 | -11.7% |
| Cash at bank and in hand | 54/58 | €905,790 | €112,059 | -€793,731 | -87.6% |
| Deferred charges and accrued income | 490/1 | €6,888 | €7,769 | +€881 | +12.8% |
| Total equity and liabilities | 10/49 | €3,205,227 | €2,672,362 | -€532,865 | -16.6% |
| Equity | 10/15 | €526,206 | €205,452 | -€320,754 | -61.0% |
| 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 | €282,264 | €282,264 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €58,233 | €58,233 | = | 0.0% |
| Distributable reserves | 133 | €217,881 | €217,881 | = | 0.0% |
| Profit (loss) carried forward | 14 | €182,442 | -€138,313 | -€320,754 | |
| Amounts payable | 17/49 | €2,679,020 | €2,466,910 | -€212,110 | -7.9% |
| Amounts payable after more than one year | 17 | €151,000 | €159,430 | +€8,430 | +5.6% |
| Other amounts payable | 178/9 | €151,000 | €159,430 | +€8,430 | +5.6% |
| Amounts payable within one year | 42/48 | €2,511,017 | €2,304,495 | -€206,522 | -8.2% |
| Financial debts | 43 | €550,000 | - | -€550,000 | |
| Credit institutions | 430/8 | €550,000 | - | -€550,000 | |
| Trade debts | 44 | €957,686 | €1,247,535 | +€289,849 | +30.3% |
| Suppliers | 440/4 | €957,686 | €1,247,535 | +€289,849 | +30.3% |
| Advances received on contracts in progress | 46 | - | €6,049 | +€6,049 | |
| Taxes, remuneration and social security | 45 | €151,463 | €150,583 | -€880 | -0.6% |
| Taxes | 450/3 | €33,835 | €42,836 | +€9,000 | +26.6% |
| Remuneration and social security | 454/9 | €117,627 | €107,747 | -€9,880 | -8.4% |
| Other amounts payable | 47/48 | €851,869 | €900,329 | +€48,460 | +5.7% |
| Accrued charges and deferred income | 492/3 | €17,003 | €2,986 | -€14,018 | -82.4% |
| Remuneration, social security and pensions | 62 | €861,504 | €869,865 | +€8,362 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,173 | €17,500 | +€7,326 | +72.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,635 | -€21,165 | -€30,800 | |
| Other operating charges | 640/8 | €14,492 | €12,926 | -€1,566 | -10.8% |
| Gross operating margin | 9900 | €621,694 | €625,841 | +€4,147 | +0.7% |
| Operating profit (loss) | 9901 | -€274,109 | -€253,284 | +€20,825 | +7.6% |
| Financial income | 75/76B | €11,710 | €8,876 | -€2,834 | -24.2% |
| Recurring financial income | 75 | €11,710 | €8,876 | -€2,834 | -24.2% |
| Financial charges | 65/66B | €67,942 | €74,941 | +€6,999 | +10.3% |
| Recurring financial charges | 65 | €67,942 | €74,941 | +€6,999 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | -€330,341 | -€319,349 | +€10,992 | +3.3% |
| Income taxes | 67/77 | €1,082 | €1,405 | +€324 | +29.9% |
| Profit (loss) for the period | 9904 | -€331,423 | -€320,754 | +€10,668 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€331,423 | -€320,754 | +€10,668 | +3.2% |
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.