DISTRIFLAC: 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.
DISTRIFLAC
Largest movements
- Cash +€162,829
up €162,829 (+38.6%), from €421,498 to €584,327
mainly Net result for the year (+€242,504) and Receivables within one year (+€157,851)
- Receivables within one year -€157,851
down €157,851 (-16.0%), from €986,718 to €828,867
of which Trade receivables: -€174,581
- Stocks and contracts +€51,363
up €51,363 (+6.8%), from €752,764 to €804,126
- Reserves -€126,300
down €126,300 (-27.4%), from €461,235 to €334,935
of which Non-distributable reserves: -€200,000
- Other debts +€101,000
up €101,000 (+50.5%), from €200,000 to €301,000
- Profit (loss) carried forward +€68,804
up €68,804 (+6.1%), from €1.1m to €1.2m
- Trade debts -€25,567
down €25,567 (-5.6%), from €453,520 to €427,954
- Gross operating margin +€114,666
up €114,666 (+17.3%), from €664,104 to €778,769
- Financial charges +€29,728
up €29,728 (+47.1%), from €63,125 to €92,853
- Write-downs +€14,377
new in 2025: €14,377
- Staff costs +€9,723
up €9,723 (+3.0%), from €324,755 to €334,478
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 | €2,348,887 | €2,399,077 | +€50,190 | +2.1% |
| Fixed assets | 21/28 | €91,072 | €90,964 | -€108 | -0.1% |
| Tangible fixed assets | 22/27 | €91,072 | €90,964 | -€108 | -0.1% |
| Plant, machinery and equipment | 23 | €32,903 | €43,938 | +€11,035 | +33.5% |
| Furniture and vehicles | 24 | €18,896 | €18,471 | -€425 | -2.2% |
| Other tangible fixed assets | 26 | €39,274 | €28,555 | -€10,718 | -27.3% |
| Current assets | 29/58 | €2,257,815 | €2,308,113 | +€50,298 | +2.2% |
| Stocks and contracts in progress | 3 | €752,764 | €804,126 | +€51,363 | +6.8% |
| Stocks | 30/36 | €752,764 | €804,126 | +€51,363 | +6.8% |
| Amounts receivable within one year | 40/41 | €986,718 | €828,867 | -€157,851 | -16.0% |
| Trade receivables | 40 | €580,433 | €405,852 | -€174,581 | -30.1% |
| Other amounts receivable | 41 | €406,285 | €423,015 | +€16,730 | +4.1% |
| Current investments | 50/53 | €340 | €315 | -€25 | -7.3% |
| Cash at bank and in hand | 54/58 | €421,498 | €584,327 | +€162,829 | +38.6% |
| Deferred charges and accrued income | 490/1 | €96,496 | €90,478 | -€6,018 | -6.2% |
| Total equity and liabilities | 10/49 | €2,348,887 | €2,399,077 | +€50,190 | +2.1% |
| Equity | 10/15 | €1,602,392 | €1,544,896 | -€57,496 | -3.6% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €461,235 | €334,935 | -€126,300 | -27.4% |
| Non-distributable reserves | 130/1 | €200,000 | - | -€200,000 | |
| Other | 1319 | €200,000 | - | -€200,000 | |
| Tax-exempt reserves | 132 | €126,300 | €200,000 | +€73,700 | +58.4% |
| Distributable reserves | 133 | €134,935 | €134,935 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,120,705 | €1,189,510 | +€68,804 | +6.1% |
| Amounts payable | 17/49 | €746,495 | €854,181 | +€107,686 | +14.4% |
| Amounts payable within one year | 42/48 | €745,880 | €854,157 | +€108,277 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | - | €16,667 | +€16,667 | |
| Trade debts | 44 | €453,520 | €427,954 | -€25,567 | -5.6% |
| Suppliers | 440/4 | €453,520 | €427,954 | -€25,567 | -5.6% |
| Taxes, remuneration and social security | 45 | €92,360 | €108,537 | +€16,177 | +17.5% |
| Taxes | 450/3 | €37,659 | €46,386 | +€8,727 | +23.2% |
| Remuneration and social security | 454/9 | €54,701 | €62,151 | +€7,449 | +13.6% |
| Other amounts payable | 47/48 | €200,000 | €301,000 | +€101,000 | +50.5% |
| Accrued charges and deferred income | 492/3 | €615 | €24 | -€591 | -96.1% |
| Remuneration, social security and pensions | 62 | €324,755 | €334,478 | +€9,723 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,160 | €39,519 | +€4,360 | +12.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €14,377 | +€14,377 | |
| Other operating charges | 640/8 | €2,664 | €4,437 | +€1,772 | +66.5% |
| Gross operating margin | 9900 | €664,104 | €778,769 | +€114,666 | +17.3% |
| Operating profit (loss) | 9901 | €301,525 | €385,958 | +€84,433 | +28.0% |
| Financial income | 75/76B | €32,352 | €25,497 | -€6,855 | -21.2% |
| Recurring financial income | 75 | €23,921 | €23,018 | -€903 | -3.8% |
| Non-recurring financial income | 76B | €8,431 | €2,479 | -€5,952 | -70.6% |
| Financial charges | 65/66B | €63,125 | €92,853 | +€29,728 | +47.1% |
| Recurring financial charges | 65 | €63,125 | €92,853 | +€29,728 | +47.1% |
| Profit (loss) for the period before taxes | 9903 | €270,753 | €318,603 | +€47,850 | +17.7% |
| Income taxes | 67/77 | €72,629 | €76,099 | +€3,470 | +4.8% |
| Profit (loss) for the period | 9904 | €198,124 | €242,504 | +€44,380 | +22.4% |
| Transfer from tax-exempt reserves | 789 | €126,300 | €126,300 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €324,424 | €368,804 | +€44,380 | +13.7% |
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 24 October 2026 via checked.be.