Distribution A.C.B.: 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.
Distribution A.C.B.
Largest movements
- Cash +€16,163
up €16,163 (+15.2%), from €106,424 to €122,587
mainly Stocks and contracts (+€13,627) and Depreciation (+€3,704)
- Stocks and contracts -€13,627
down €13,627 (-39.3%), from €34,672 to €21,045
- Tangible fixed assets -€3,704
down €3,704 (-34.7%), from €10,666 to €6,962
of which Plant, machinery and equipment: -€1,964
- Receivables within one year +€3,428
up €3,428 (+9.6%), from €35,547 to €38,975
of which Other amounts receivable: +€1,831
- Trade debts +€3,393
up €3,393 (+78.3%), from €4,335 to €7,728
- Gross operating margin -€38,091
down €38,091 (-82.5%), from €46,199 to €8,107
- Other operating charges -€23,712
down €23,712 (-99.1%), from €23,929 to €217
- Depreciation -€4,541
down €4,541 (-55.1%), from €8,245 to €3,704
- Taxes -€2,828
down €2,828 (-91.2%), from €3,102 to €274
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 | €189,788 | €191,656 | +€1,868 | +1.0% |
| Fixed assets | 21/28 | €10,791 | €7,087 | -€3,704 | -34.3% |
| Tangible fixed assets | 22/27 | €10,666 | €6,962 | -€3,704 | -34.7% |
| Plant, machinery and equipment | 23 | €7,057 | €5,093 | -€1,964 | -27.8% |
| Furniture and vehicles | 24 | €806 | - | -€806 | |
| Other tangible fixed assets | 26 | €2,803 | €1,869 | -€934 | -33.3% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €178,997 | €184,569 | +€5,572 | +3.1% |
| Stocks and contracts in progress | 3 | €34,672 | €21,045 | -€13,627 | -39.3% |
| Stocks | 30/36 | €34,672 | €21,045 | -€13,627 | -39.3% |
| Amounts receivable within one year | 40/41 | €35,547 | €38,975 | +€3,428 | +9.6% |
| Trade receivables | 40 | €20,174 | €21,770 | +€1,596 | +7.9% |
| Other amounts receivable | 41 | €15,373 | €17,205 | +€1,831 | +11.9% |
| Cash at bank and in hand | 54/58 | €106,424 | €122,587 | +€16,163 | +15.2% |
| Deferred charges and accrued income | 490/1 | €2,353 | €1,961 | -€392 | -16.7% |
| Total equity and liabilities | 10/49 | €189,788 | €191,656 | +€1,868 | +1.0% |
| Equity | 10/15 | €183,130 | €183,232 | +€102 | +0.1% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €29,519 | €29,519 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,519 | €2,519 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,611 | €83,713 | +€102 | +0.1% |
| Amounts payable | 17/49 | €6,658 | €8,424 | +€1,766 | +26.5% |
| Amounts payable within one year | 42/48 | €6,658 | €8,424 | +€1,766 | +26.5% |
| Current portion of amounts payable after more than one year | 42 | €522 | €697 | +€174 | +33.3% |
| Trade debts | 44 | €4,335 | €7,728 | +€3,393 | +78.3% |
| Suppliers | 440/4 | €4,335 | €7,728 | +€3,393 | +78.3% |
| Taxes, remuneration and social security | 45 | €1,801 | - | -€1,801 | |
| Taxes | 450/3 | €1,564 | - | -€1,564 | |
| Remuneration and social security | 454/9 | €238 | - | -€238 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,245 | €3,704 | -€4,541 | -55.1% |
| Other operating charges | 640/8 | €23,929 | €217 | -€23,712 | -99.1% |
| Gross operating margin | 9900 | €46,199 | €8,107 | -€38,091 | -82.5% |
| Operating profit (loss) | 9901 | €14,025 | €4,186 | -€9,838 | -70.2% |
| Financial income | 75/76B | €1,523 | €1,476 | -€46 | -3.0% |
| Recurring financial income | 75 | €1,523 | €1,476 | -€46 | -3.0% |
| Financial charges | 65/66B | €5,122 | €5,287 | +€165 | +3.2% |
| Recurring financial charges | 65 | €5,122 | €5,287 | +€165 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €10,425 | €376 | -€10,049 | -96.4% |
| Income taxes | 67/77 | €3,102 | €274 | -€2,828 | -91.2% |
| Profit (loss) for the period | 9904 | €7,323 | €102 | -€7,221 | -98.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,323 | €102 | -€7,221 | -98.6% |
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.