District01: what changed
Two fiscal 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.
District01
Largest movements
- Receivables within one year -€702,850
down €702,850 (-56.6%), from €1.2m to €538,757
of which Other amounts receivable: -€468,090
- Financial fixed assets +€422,000
up €422,000 (+68.2%), from €618,412 to €1.0m
- Trade debts -€492,252
down €492,252 (-62.9%), from €782,617 to €290,366
- Other debts +€200,000
up €200,000 (+100.0%), from €199,999 to €399,999
- Reserves +€47,000
up €47,000 (+6.2%), from €755,820 to €802,820
of which Distributable reserves: +€47,000
- Tax, wage and social debts -€36,423
down €36,423 (-61.2%), from €59,471 to €23,048
of which Taxes: -€44,037
- Turnover -€1.2m
down €1.2m (-66.1%), from €1.8m to €601,708
- Purchases and services -€720,638
down €720,638 (-89.7%), from €803,706 to €83,069
- Financial income -€644,865
down €644,865 (-99.5%), from €648,254 to €3,388
of which Non-recurring financial income: -€646,925
- Financial charges -€497,507
down €497,507 (-100.0%), from €497,750 to €244
of which Non-recurring financial charges: -€495,770
- Gross operating margin +€371,008
up €371,008 (+233.1%), from €159,165 to €530,173
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.
Cash bridge derived
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 | €1,866,176 | €1,585,831 | -€280,345 | -15.0% |
| Fixed assets | 21/28 | €618,692 | €1,040,412 | +€421,720 | +68.2% |
| Tangible fixed assets | 22/27 | €280 | - | -€280 | |
| Plant, machinery and equipment | 23 | €280 | - | -€280 | |
| Financial fixed assets | 28 | €618,412 | €1,040,412 | +€422,000 | +68.2% |
| Current assets | 29/58 | €1,247,484 | €545,419 | -€702,065 | -56.3% |
| Amounts receivable within one year | 40/41 | €1,241,608 | €538,757 | -€702,850 | -56.6% |
| Trade receivables | 40 | €473,528 | €238,768 | -€234,760 | -49.6% |
| Other amounts receivable | 41 | €768,080 | €299,990 | -€468,090 | -60.9% |
| Current investments | 50/53 | €554 | €603 | +€49 | +8.9% |
| Cash at bank and in hand | 54/58 | €4,436 | €5,767 | +€1,331 | +30.0% |
| Deferred charges and accrued income | 490/1 | €886 | €291 | -€595 | -67.1% |
| Total equity and liabilities | 10/49 | €1,866,176 | €1,585,831 | -€280,345 | -15.0% |
| Equity | 10/15 | €824,088 | €871,906 | +€47,818 | +5.8% |
| Contributions | 10/11 | €68,200 | €68,200 | = | 0.0% |
| Capital | 10 | €68,200 | €68,200 | = | 0.0% |
| Issued capital | 100 | €68,200 | €68,200 | = | 0.0% |
| Reserves | 13 | €755,820 | €802,820 | +€47,000 | +6.2% |
| Non-distributable reserves | 130/1 | €6,820 | €6,820 | = | 0.0% |
| Legal reserve | 130 | €6,820 | €6,820 | = | 0.0% |
| Distributable reserves | 133 | €749,000 | €796,000 | +€47,000 | +6.3% |
| Profit (loss) carried forward | 14 | €68 | €886 | +€818 | +1196.5% |
| Provisions and deferred taxes | 16 | - | €512 | +€512 | |
| Provisions for liabilities and charges | 160/5 | - | €512 | +€512 | |
| Pensions and similar obligations | 160 | - | €512 | +€512 | |
| Amounts payable | 17/49 | €1,042,087 | €713,413 | -€328,675 | -31.5% |
| Amounts payable within one year | 42/48 | €1,042,087 | €713,413 | -€328,675 | -31.5% |
| Trade debts | 44 | €782,617 | €290,366 | -€492,252 | -62.9% |
| Suppliers | 440/4 | €782,617 | €290,366 | -€492,252 | -62.9% |
| Taxes, remuneration and social security | 45 | €59,471 | €23,048 | -€36,423 | -61.2% |
| Taxes | 450/3 | €57,611 | €13,573 | -€44,037 | -76.4% |
| Remuneration and social security | 454/9 | €1,860 | €9,474 | +€7,615 | +409.4% |
| Other amounts payable | 47/48 | €199,999 | €399,999 | +€200,000 | +100.0% |
| Turnover | 70 | €1,774,191 | €601,708 | -€1.2m | -66.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €803,706 | €83,069 | -€720,638 | -89.7% |
| Remuneration, social security and pensions | 62 | €82,457 | €83,250 | +€794 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,838 | €280 | -€4,558 | -94.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €512 | +€512 | |
| Other operating charges | 640/8 | €2,770 | €1,449 | -€1,321 | -47.7% |
| Gross operating margin | 9900 | €159,165 | €530,173 | +€371,008 | +233.1% |
| Operating profit (loss) | 9901 | €69,100 | €444,681 | +€375,581 | +543.5% |
| Financial income | 75/76B | €648,254 | €3,388 | -€644,865 | -99.5% |
| Recurring financial income | 75 | €1,329 | €3,388 | +€2,060 | +155.0% |
| Non-recurring financial income | 76B | €646,925 | - | -€646,925 | |
| Financial charges | 65/66B | €497,750 | €244 | -€497,507 | -100.0% |
| Recurring financial charges | 65 | €1,980 | €244 | -€1,737 | -87.7% |
| Non-recurring financial charges | 66B | €495,770 | - | -€495,770 | |
| Profit (loss) for the period before taxes | 9903 | €219,603 | €447,826 | +€228,223 | +103.9% |
| Income taxes | 67/77 | €903 | €8 | -€895 | -99.1% |
| Profit (loss) for the period | 9904 | €218,700 | €447,818 | +€229,118 | +104.8% |
| Profit (loss) for the period to be appropriated | 9905 | €218,700 | €447,818 | +€229,118 | +104.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.