DISTRIFUEL: 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.
DISTRIFUEL
Largest movements
- Cash +€25,030
up €25,030 (+215%), from €11,631 to €36,661
mainly Short-term financial debts (+€50,159) and Trade debts (+€28,823)
- Receivables within one year +€19,922
up €19,922 (+10.5%), from €189,579 to €209,501
of which Other amounts receivable: +€33,081
- Deferred charges and accrued income -€18,354
down €18,354 (-20.6%), from €88,945 to €70,591
- Short-term financial debts +€50,159
new in 2025: €50,159
- Tax, wage and social debts -€49,700
down €49,700 (-47.1%), from €105,577 to €55,877
of which Remuneration and social security: -€27,955
- Trade debts +€28,823
up €28,823 (+16.5%), from €174,586 to €203,409
- Current portion of long-term debt -€8,161
down €8,161 (-32.3%), from €25,253 to €17,093
- Profit (loss) carried forward +€6,484
up €6,484 (+13.0%), from €49,789 to €56,274
- Staff costs -€116,349
down €116,349 (-71.0%), from €163,878 to €47,530
- Gross operating margin -€107,826
down €107,826 (-56.9%), from €189,666 to €81,840
- Financial charges +€10,074
up €10,074 (+86.8%), from €11,605 to €21,679
of which Financial charges: +€10,074
- Taxes -€2,169
down €2,169 (-100%), from €2,169 to €0
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 | €404,041 | €431,335 | +€27,294 | +6.8% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €28,275 | €29,778 | +€1,504 | +5.3% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €4,075 | €5,578 | +€1,504 | +36.9% |
| Land and buildings | 22 | - | €0 | = | |
| Plant, machinery and equipment | 23 | €2,228 | €2,872 | +€645 | +28.9% |
| Furniture and vehicles | 24 | €1,847 | €2,706 | +€859 | +46.5% |
| Financial fixed assets | 28 | €24,200 | €24,200 | = | 0.0% |
| Current assets | 29/58 | €375,766 | €401,556 | +€25,790 | +6.9% |
| Stocks and contracts in progress | 3 | €85,610 | €84,803 | -€808 | -0.9% |
| Stocks | 30/36 | €85,610 | €84,803 | -€808 | -0.9% |
| Amounts receivable within one year | 40/41 | €189,579 | €209,501 | +€19,922 | +10.5% |
| Trade receivables | 40 | €153,276 | €140,117 | -€13,159 | -8.6% |
| Other amounts receivable | 41 | €36,303 | €69,384 | +€33,081 | +91.1% |
| Cash at bank and in hand | 54/58 | €11,631 | €36,661 | +€25,030 | +215% |
| Deferred charges and accrued income | 490/1 | €88,945 | €70,591 | -€18,354 | -20.6% |
| Total equity and liabilities | 10/49 | €404,041 | €431,335 | +€27,294 | +6.8% |
| Equity | 10/15 | €94,000 | €100,484 | +€6,484 | +6.9% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Capital | 10 | €16,200 | €16,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €28,011 | €28,011 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,151 | €26,151 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,789 | €56,274 | +€6,484 | +13.0% |
| Amounts payable | 17/49 | €310,041 | €330,851 | +€20,810 | +6.7% |
| Amounts payable within one year | 42/48 | €310,041 | €330,851 | +€20,810 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €25,253 | €17,093 | -€8,161 | -32.3% |
| Financial debts | 43 | - | €50,159 | +€50,159 | |
| Credit institutions | 430/8 | - | €50,159 | +€50,159 | |
| Trade debts | 44 | €174,586 | €203,409 | +€28,823 | +16.5% |
| Suppliers | 440/4 | €174,586 | €203,409 | +€28,823 | +16.5% |
| Taxes, remuneration and social security | 45 | €105,577 | €55,877 | -€49,700 | -47.1% |
| Taxes | 450/3 | €34,374 | €12,630 | -€21,745 | -63.3% |
| Remuneration and social security | 454/9 | €71,202 | €43,247 | -€27,955 | -39.3% |
| Other amounts payable | 47/48 | €4,625 | €4,314 | -€312 | -6.7% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €163,878 | €47,530 | -€116,349 | -71.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,198 | €3,103 | +€905 | +41.1% |
| Other operating charges | 640/8 | €2,477 | €2,905 | +€429 | +17.3% |
| Non-recurring operating charges | 66A | €400 | €139 | -€260 | -65.1% |
| Gross operating margin | 9900 | €189,666 | €81,840 | -€107,826 | -56.9% |
| Operating profit (loss) | 9901 | €20,713 | €28,163 | +€7,450 | +36.0% |
| Financial charges | 65/66B | €11,605 | €21,679 | +€10,074 | +86.8% |
| Recurring financial charges | 65 | €11,605 | €21,679 | +€10,074 | +86.8% |
| Non-recurring financial charges | 66B | €11,605 | - | -€11,605 | |
| Profit (loss) for the period before taxes | 9903 | €9,107 | €6,484 | -€2,623 | -28.8% |
| Income taxes | 67/77 | €2,169 | €0 | -€2,169 | -100% |
| Profit (loss) for the period | 9904 | €6,938 | €6,484 | -€454 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,938 | €6,484 | -€454 | -6.5% |
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 25 October 2026 via checked.be.