Distri N.E.H.: 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 N.E.H.
Largest movements
- Receivables after one year +€13,842
up €13,842 (+81.9%), from €16,898 to €30,741
- Tangible fixed assets +€7,748
up €7,748 (+124%), from €6,262 to €14,010
of which Furniture and vehicles: +€9,694
- Receivables within one year -€4,411
down €4,411 (-16.7%), from €26,422 to €22,011
of which Other amounts receivable: -€4,867
- Cash -€4,197
down €4,197 (-39.9%), from €10,509 to €6,312
mainly Receivables after one year (-€13,842) and Investment in fixed assets (net) (-€13,568)
- Trade debts +€8,824
up €8,824 (+510%), from €1,732 to €10,555
- Reserves +€7,906
up €7,906 (+2,699%), from €293 to €8,199
- Tax, wage and social debts -€3,748
down €3,748 (-46.5%), from €8,067 to €4,319
- Gross operating margin +€23,874
up €23,874 (+1,697%), from €1,406 to €25,280
- Write-downs +€5,340
new in 2025: €5,340
- Financial income -€2,860
no longer reported in 2025 (was €2,860)
- Taxes +€2,028
up €2,028 (+271%), from €748 to €2,776
- Depreciation +€595
up €595 (+11.4%), from €5,225 to €5,820
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 | €60,091 | €73,073 | +€12,982 | +21.6% |
| Fixed assets | 21/28 | €6,262 | €14,010 | +€7,748 | +124% |
| Tangible fixed assets | 22/27 | €6,262 | €14,010 | +€7,748 | +124% |
| Plant, machinery and equipment | 23 | €5,418 | €3,471 | -€1,946 | -35.9% |
| Furniture and vehicles | 24 | €844 | €10,539 | +€9,694 | +1,148% |
| Current assets | 29/58 | €53,829 | €59,063 | +€5,234 | +9.7% |
| Amounts receivable after more than one year | 29 | €16,898 | €30,741 | +€13,842 | +81.9% |
| Other amounts receivable | 291 | €16,898 | €30,741 | +€13,842 | +81.9% |
| Amounts receivable within one year | 40/41 | €26,422 | €22,011 | -€4,411 | -16.7% |
| Trade receivables | 40 | €19,870 | €20,325 | +€456 | +2.3% |
| Other amounts receivable | 41 | €6,552 | €1,686 | -€4,867 | -74.3% |
| Cash at bank and in hand | 54/58 | €10,509 | €6,312 | -€4,197 | -39.9% |
| Total equity and liabilities | 10/49 | €60,091 | €73,073 | +€12,982 | +21.6% |
| Equity | 10/15 | €50,293 | €58,199 | +€7,906 | +15.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €293 | €8,199 | +€7,906 | +2,699% |
| Distributable reserves | 133 | €293 | €8,199 | +€7,906 | +2,699% |
| Amounts payable | 17/49 | €9,798 | €14,874 | +€5,076 | +51.8% |
| Amounts payable within one year | 42/48 | €9,798 | €14,874 | +€5,076 | +51.8% |
| Trade debts | 44 | €1,732 | €10,555 | +€8,824 | +510% |
| Suppliers | 440/4 | €1,732 | €10,555 | +€8,824 | +510% |
| Taxes, remuneration and social security | 45 | €8,067 | €4,319 | -€3,748 | -46.5% |
| Taxes | 450/3 | €8,067 | €4,319 | -€3,748 | -46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,225 | €5,820 | +€595 | +11.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,340 | +€5,340 | |
| Other operating charges | 640/8 | €3,083 | €2,814 | -€269 | -8.7% |
| Gross operating margin | 9900 | €1,406 | €25,280 | +€23,874 | +1,697% |
| Operating profit (loss) | 9901 | -€6,901 | €11,307 | +€18,208 | |
| Financial income | 75/76B | €2,860 | - | -€2,860 | |
| Recurring financial income | 75 | €2,860 | - | -€2,860 | |
| Financial charges | 65/66B | €168 | €625 | +€457 | +272% |
| Recurring financial charges | 65 | €168 | €625 | +€457 | +272% |
| Profit (loss) for the period before taxes | 9903 | -€4,209 | €10,682 | +€14,891 | |
| Income taxes | 67/77 | €748 | €2,776 | +€2,028 | +271% |
| Profit (loss) for the period | 9904 | -€4,957 | €7,906 | +€12,863 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,957 | €7,906 | +€12,863 |
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 19 October 2026 via checked.be.