DISTRIBUTION POLICE: what changed
DISTRIBUTION POLICE
Largest movements
- Stocks and contracts -€5,398
down €5,398 (-7.3%), from €73,726 to €68,328
- Receivables within one year +€1,920
up €1,920 (+30.3%), from €6,341 to €8,261
- Cash -€1,497
down €1,497 (-60.3%), from €2,484 to €987
mainly Net result for the year (-€21,023) and Receivables within one year (-€1,920)
- Profit (loss) carried forward -€13,206
down €13,206 (-22.9%), from -€57,633 to -€70,840
- Trade debts +€5,105
up €5,105 (+9.8%), from €52,062 to €57,167
- Other debts +€4,910
up €4,910 (+7.2%), from €68,134 to €73,044
- Tax, wage and social debts -€1,509
down €1,509 (-12.1%), from €12,444 to €10,935
of which Taxes: -€828
- Gross operating margin +€4,122
up €4,122 (+47.2%), from €8,741 to €12,864
- Financial charges -€1,293
down €1,293 (-67.2%), from €1,923 to €630
- Staff costs +€775
up €775 (+2.4%), from €32,316 to €33,091
- Other operating charges -€340
down €340 (-67.2%), from €505 to €166
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,602 | €77,626 | -€4,975 | -6.0% |
| Fixed assets | 21/28 | €50 | €50 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €82,552 | €77,576 | -€4,975 | -6.0% |
| Stocks and contracts in progress | 3 | €73,726 | €68,328 | -€5,398 | -7.3% |
| Stocks | 30/36 | €73,726 | €68,328 | -€5,398 | -7.3% |
| Amounts receivable within one year | 40/41 | €6,341 | €8,261 | +€1,920 | +30.3% |
| Trade receivables | 40 | €6,341 | €8,261 | +€1,920 | +30.3% |
| Cash at bank and in hand | 54/58 | €2,484 | €987 | -€1,497 | -60.3% |
| Total equity and liabilities | 10/49 | €82,602 | €77,626 | -€4,975 | -6.0% |
| Equity | 10/15 | -€50,813 | -€64,020 | -€13,206 | -26.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,633 | -€70,840 | -€13,206 | -22.9% |
| Amounts payable | 17/49 | €133,415 | €141,646 | +€8,231 | +6.2% |
| Amounts payable within one year | 42/48 | €132,640 | €141,146 | +€8,506 | +6.4% |
| Trade debts | 44 | €52,062 | €57,167 | +€5,105 | +9.8% |
| Suppliers | 440/4 | €52,062 | €57,167 | +€5,105 | +9.8% |
| Taxes, remuneration and social security | 45 | €12,444 | €10,935 | -€1,509 | -12.1% |
| Taxes | 450/3 | €3,996 | €3,168 | -€828 | -20.7% |
| Remuneration and social security | 454/9 | €8,448 | €7,767 | -€681 | -8.1% |
| Other amounts payable | 47/48 | €68,134 | €73,044 | +€4,910 | +7.2% |
| Accrued charges and deferred income | 492/3 | €775 | €500 | -€275 | -35.5% |
| Remuneration, social security and pensions | 62 | €32,316 | €33,091 | +€775 | +2.4% |
| Other operating charges | 640/8 | €505 | €166 | -€340 | -67.2% |
| Gross operating margin | 9900 | €8,741 | €12,864 | +€4,122 | +47.2% |
| Operating profit (loss) | 9901 | -€24,080 | -€20,393 | +€3,687 | +15.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,923 | €630 | -€1,293 | -67.2% |
| Recurring financial charges | 65 | €1,923 | €630 | -€1,293 | -67.2% |
| Profit (loss) for the period before taxes | 9903 | -€26,003 | -€21,023 | +€4,980 | +19.1% |
| Profit (loss) for the period | 9904 | -€26,003 | -€21,023 | +€4,980 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,003 | -€21,023 | +€4,980 | +19.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.