DISTRICTSON: 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.
DISTRICTSON
Largest movements
- Receivables within one year -€3,846
down €3,846 (-22.2%), from €17,306 to €13,460
- Stocks and contracts -€2,798
down €2,798 (-31.8%), from €8,796 to €5,998
- Cash +€829
up €829 (+459.9%), from €180 to €1,009
mainly Receivables within one year (+€3,846) and Stocks and contracts (+€2,798)
- Other debts -€7,001
down €7,001 (-49.7%), from €14,099 to €7,098
- Profit (loss) carried forward +€2,750
up €2,750 (+4.0%), from -€68,609 to -€65,859
- Trade debts -€1,986
down €1,986 (-81.8%), from €2,429 to €443
- Tax, wage and social debts +€422
up €422 (+22.2%), from €1,903 to €2,326
- Gross operating margin +€2,458
up €2,458 (+136.3%), from €1,804 to €4,262
- Financial charges +€1,007
up €1,007 (+1241.1%), from €81 to €1,088
- Depreciation -€327
no longer reported in 2025 (was €327)
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 | €27,007 | €21,192 | -€5,815 | -21.5% |
| Fixed assets | 21/28 | €725 | €725 | = | 0.0% |
| Financial fixed assets | 28 | €725 | €725 | = | 0.0% |
| Current assets | 29/58 | €26,282 | €20,467 | -€5,815 | -22.1% |
| Stocks and contracts in progress | 3 | €8,796 | €5,998 | -€2,798 | -31.8% |
| Stocks | 30/36 | €8,796 | €5,998 | -€2,798 | -31.8% |
| Amounts receivable within one year | 40/41 | €17,306 | €13,460 | -€3,846 | -22.2% |
| Trade receivables | 40 | €17,306 | €13,460 | -€3,846 | -22.2% |
| Cash at bank and in hand | 54/58 | €180 | €1,009 | +€829 | +459.9% |
| Total equity and liabilities | 10/49 | €27,007 | €21,192 | -€5,815 | -21.5% |
| Equity | 10/15 | €8,575 | €11,325 | +€2,750 | +32.1% |
| Contributions | 10/11 | €77,184 | €77,184 | = | 0.0% |
| Capital | 10 | €77,184 | €77,184 | = | 0.0% |
| Issued capital | 100 | €77,184 | €77,184 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,609 | -€65,859 | +€2,750 | +4.0% |
| Amounts payable | 17/49 | €18,432 | €9,867 | -€8,565 | -46.5% |
| Amounts payable within one year | 42/48 | €18,432 | €9,867 | -€8,565 | -46.5% |
| Trade debts | 44 | €2,429 | €443 | -€1,986 | -81.8% |
| Suppliers | 440/4 | €2,429 | €443 | -€1,986 | -81.8% |
| Taxes, remuneration and social security | 45 | €1,903 | €2,326 | +€422 | +22.2% |
| Taxes | 450/3 | €1,903 | €2,326 | +€422 | +22.2% |
| Other amounts payable | 47/48 | €14,099 | €7,098 | -€7,001 | -49.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €327 | - | -€327 | |
| Other operating charges | 640/8 | €441 | €424 | -€17 | -3.8% |
| Gross operating margin | 9900 | €1,804 | €4,262 | +€2,458 | +136.3% |
| Operating profit (loss) | 9901 | €1,036 | €3,838 | +€2,802 | +270.5% |
| Financial charges | 65/66B | €81 | €1,088 | +€1,007 | +1241.1% |
| Recurring financial charges | 65 | €81 | €1,088 | +€1,007 | +1241.1% |
| Profit (loss) for the period before taxes | 9903 | €955 | €2,750 | +€1,795 | +188.0% |
| Profit (loss) for the period | 9904 | €955 | €2,750 | +€1,795 | +188.0% |
| Profit (loss) for the period to be appropriated | 9905 | €955 | €2,750 | +€1,795 | +188.0% |
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 2 October 2026 via checked.be.