DISTRICOS: 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
DISTRICOS
NACE 46.450, Wholesale of perfume and cosmetics
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €910,269+€148,421
Equity
€9.7m
2024 · €9.6m+€58,690
Cash
€3.6m
2024 · €6.5m-€3.0m
Balance sheet total
€12.1m
2024 · €13.9m-€1.8m
Largest movements
Assets
- Cash -€3.0m
down €3.0m (-45.3%), from €6.5m to €3.6m
mainly Other debts (-€2.3m) and Contributions, distributions and other (-€1.0m)
- Receivables after one year +€845,480
up €845,480 (+339%), from €249,167 to €1.1m
of which Other amounts receivable: +€1.1m
- Stocks and contracts +€343,124
up €343,124 (+12.9%), from €2.7m to €3.0m
Equity and liabilities
- Other debts -€2.3m
down €2.3m (-69.5%), from €3.3m to €1.0m
- Trade debts +€430,426
up €430,426 (+159%), from €270,883 to €701,309
Income statement
- Gross operating margin +€194,645
up €194,645 (+6.4%), from €3.1m to €3.3m
- Staff costs -€101,328
down €101,328 (-5.9%), from €1.7m to €1.6m
- Depreciation -€55,790
down €55,790 (-20.1%), from €277,883 to €222,093
- Financial income -€43,244
down €43,244 (-22.7%), from €190,454 to €147,209
- Taxes +€42,271
up €42,271 (+13.3%), from €317,229 to €359,500
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
€910,269
Gross operating margin
+€194,645
Staff costs
+€101,328
Depreciation
+€55,790
Write-downs
-€29,761
Other operating charges
+€336
Other operating items
-€86,730
Financial income
-€43,244
Financial charges
-€1,673
Taxes
-€42,271
Result 2025
€1.1m
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
-€1.7m
Investment
-€211,912
Financing
-€1.0m
Cash 2024
€6.5m
From operations (derived)
-€1.7m
Net result for the year
+€1.1m
Depreciation
+€222,093
Receivables after one year
-€845,480
Stocks and contracts
-€343,124
Receivables within one year
-€45,028
Deferred charges and accrued income
+€28,658
Provisions
-€13,749
Trade debts
+€430,426
Tax, wage and social debts
+€31,613
Advances received
+€13,142
Other debts
-€2.3m
Investment (derived)
-€211,912
Investment in fixed assets (net)
-€211,912
Financing
-€1.0m
Contributions, distributions and other
-€1.0m
Cash 2025
€3.6m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,859,360 | €12,095,013 | -€1.8m | -12.7% |
| Fixed assets | 21/28 | €3,627,678 | €3,617,498 | -€10,180 | -0.3% |
| Intangible fixed assets | 21 | €148,870 | €113,773 | -€35,097 | -23.6% |
| Tangible fixed assets | 22/27 | €1,763,320 | €1,788,336 | +€25,016 | +1.4% |
| Land and buildings | 22 | €1,477,555 | €1,417,674 | -€59,881 | -4.1% |
| Plant, machinery and equipment | 23 | €77,296 | €86,472 | +€9,176 | +11.9% |
| Furniture and vehicles | 24 | €90,058 | €173,493 | +€83,434 | +92.6% |
| Assets under construction and advance payments | 27 | €118,411 | €110,697 | -€7,714 | -6.5% |
| Financial fixed assets | 28 | €1,715,489 | €1,715,389 | -€100 | 0.0% |
| Current assets | 29/58 | €10,231,682 | €8,477,515 | -€1.8m | -17.1% |
| Amounts receivable after more than one year | 29 | €249,167 | €1,094,647 | +€845,480 | +339% |
| Trade receivables | 290 | €249,167 | - | -€249,167 | |
| Other amounts receivable | 291 | - | €1,094,647 | +€1.1m | |
| Stocks and contracts in progress | 3 | €2,663,545 | €3,006,670 | +€343,124 | +12.9% |
| Stocks | 30/36 | €2,663,545 | €3,006,670 | +€343,124 | +12.9% |
| Amounts receivable within one year | 40/41 | €756,635 | €801,663 | +€45,028 | +6.0% |
| Trade receivables | 40 | €585,329 | €567,342 | -€17,986 | -3.1% |
| Other amounts receivable | 41 | €171,306 | €234,320 | +€63,014 | +36.8% |
| Cash at bank and in hand | 54/58 | €6,533,677 | €3,574,536 | -€3.0m | -45.3% |
| Deferred charges and accrued income | 490/1 | €28,658 | - | -€28,658 | |
| Total equity and liabilities | 10/49 | €13,859,360 | €12,095,013 | -€1.8m | -12.7% |
| Equity | 10/15 | €9,623,368 | €9,682,058 | +€58,690 | +0.6% |
| Contributions | 10/11 | €372,000 | €372,000 | = | 0.0% |
| Capital | 10 | €372,000 | €372,000 | = | 0.0% |
| Issued capital | 100 | €372,000 | €372,000 | = | 0.0% |
| Reserves | 13 | €9,251,368 | €9,310,058 | +€58,690 | +0.6% |
| Non-distributable reserves | 130/1 | €230,541 | €230,541 | = | 0.0% |
| Legal reserve | 130 | €230,541 | €230,541 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €8,964,577 | €9,023,267 | +€58,690 | +0.7% |
| Provisions and deferred taxes | 16 | €444,328 | €430,580 | -€13,749 | -3.1% |
| Provisions for liabilities and charges | 160/5 | €444,328 | €430,580 | -€13,749 | -3.1% |
| Pensions and similar obligations | 160 | €430,580 | €430,580 | = | 0.0% |
| Major repairs and maintenance | 162 | €13,749 | - | -€13,749 | |
| Amounts payable | 17/49 | €3,791,664 | €1,982,375 | -€1.8m | -47.7% |
| Amounts payable within one year | 42/48 | €3,791,664 | €1,982,375 | -€1.8m | -47.7% |
| Trade debts | 44 | €270,883 | €701,309 | +€430,426 | +159% |
| Suppliers | 440/4 | €270,883 | €701,309 | +€430,426 | +159% |
| Advances received on contracts in progress | 46 | €83,829 | €96,971 | +€13,142 | +15.7% |
| Taxes, remuneration and social security | 45 | €151,758 | €183,371 | +€31,613 | +20.8% |
| Taxes | 450/3 | €1,719 | €9,346 | +€7,626 | +444% |
| Remuneration and social security | 454/9 | €150,038 | €174,025 | +€23,987 | +16.0% |
| Other amounts payable | 47/48 | €3,285,194 | €1,000,724 | -€2.3m | -69.5% |
| Non-recurring operating income | 76A | €1,810 | €779 | -€1,031 | -56.9% |
| Remuneration, social security and pensions | 62 | €1,723,826 | €1,622,498 | -€101,328 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €277,883 | €222,093 | -€55,790 | -20.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€29,761 | - | +€29,761 | |
| Other operating charges | 640/8 | €35,027 | €34,691 | -€336 | -1.0% |
| Non-recurring operating charges | 66A | - | €86,730 | +€86,730 | |
| Gross operating margin | 9900 | €3,061,886 | €3,256,531 | +€194,645 | +6.4% |
| Operating profit (loss) | 9901 | €1,054,911 | €1,290,520 | +€235,609 | +22.3% |
| Financial income | 75/76B | €190,454 | €147,209 | -€43,244 | -22.7% |
| Recurring financial income | 75 | €190,454 | €147,209 | -€43,244 | -22.7% |
| Financial charges | 65/66B | €17,867 | €19,539 | +€1,673 | +9.4% |
| Recurring financial charges | 65 | €17,867 | €19,539 | +€1,673 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €1,227,498 | €1,418,190 | +€190,692 | +15.5% |
| Income taxes | 67/77 | €317,229 | €359,500 | +€42,271 | +13.3% |
| Profit (loss) for the period | 9904 | €910,269 | €1,058,690 | +€148,421 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €910,269 | €1,058,690 | +€148,421 | +16.3% |
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 14 October 2026 via checked.be.