DISTRIGAB: 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.
DISTRIGAB
Largest movements
- Receivables within one year +€353,794
up €353,794 (+176%), from €200,875 to €554,669
of which Trade receivables: +€351,910
- Cash -€255,672
down €255,672 (-74.2%), from €344,406 to €88,735
mainly Receivables within one year (-€353,794) and Debts after one year (-€20,787)
- Trade debts +€101,247
up €101,247 (+68.8%), from €147,170 to €248,417
- Reserves +€39,498
up €39,498 (+13.6%), from €289,438 to €328,935
- Debts after one year -€20,787
down €20,787 (-100%), from €20,787 to €0
- Tax, wage and social debts -€16,631
down €16,631 (-13.2%), from €126,369 to €109,737
of which Remuneration and social security: -€13,347
- Current portion of long-term debt -€9,213
down €9,213 (-30.7%), from €30,000 to €20,787
- Gross operating margin -€250,573
down €250,573 (-47.2%), from €530,661 to €280,088
- Other operating charges -€119,780
down €119,780 (-87.3%), from €137,210 to €17,430
- Staff costs -€86,679
down €86,679 (-30.6%), from €283,544 to €196,865
- Taxes -€9,105
down €9,105 (-38.0%), from €23,959 to €14,854
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 | €629,054 | €727,418 | +€98,364 | +15.6% |
| Fixed assets | 21/28 | €14,423 | €15,751 | +€1,328 | +9.2% |
| Financial fixed assets | 28 | €14,423 | €15,751 | +€1,328 | +9.2% |
| Current assets | 29/58 | €614,630 | €711,667 | +€97,036 | +15.8% |
| Stocks and contracts in progress | 3 | €69,349 | €65,727 | -€3,622 | -5.2% |
| Stocks | 30/36 | €69,349 | €65,727 | -€3,622 | -5.2% |
| Amounts receivable within one year | 40/41 | €200,875 | €554,669 | +€353,794 | +176% |
| Trade receivables | 40 | €158,756 | €510,666 | +€351,910 | +222% |
| Other amounts receivable | 41 | €42,118 | €44,002 | +€1,884 | +4.5% |
| Cash at bank and in hand | 54/58 | €344,406 | €88,735 | -€255,672 | -74.2% |
| Deferred charges and accrued income | 490/1 | - | €2,536 | +€2,536 | |
| Total equity and liabilities | 10/49 | €629,054 | €727,418 | +€98,364 | +15.6% |
| Equity | 10/15 | €298,738 | €338,235 | +€39,498 | +13.2% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Reserves | 13 | €289,438 | €328,935 | +€39,498 | +13.6% |
| Distributable reserves | 133 | €289,438 | €328,935 | +€39,498 | +13.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €330,316 | €389,182 | +€58,866 | +17.8% |
| Amounts payable after more than one year | 17 | €20,787 | €0 | -€20,787 | -100% |
| Financial debts | 170/4 | €20,787 | €0 | -€20,787 | -100% |
| Amounts payable within one year | 42/48 | €303,539 | €383,192 | +€79,653 | +26.2% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €20,787 | -€9,213 | -30.7% |
| Financial debts | 43 | - | €4,250 | +€4,250 | |
| Other loans | 439 | - | €4,250 | +€4,250 | |
| Trade debts | 44 | €147,170 | €248,417 | +€101,247 | +68.8% |
| Suppliers | 440/4 | €147,170 | €248,417 | +€101,247 | +68.8% |
| Taxes, remuneration and social security | 45 | €126,369 | €109,737 | -€16,631 | -13.2% |
| Taxes | 450/3 | €29,357 | €26,072 | -€3,285 | -11.2% |
| Remuneration and social security | 454/9 | €97,012 | €83,665 | -€13,347 | -13.8% |
| Accrued charges and deferred income | 492/3 | €5,990 | €5,990 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €283,544 | €196,865 | -€86,679 | -30.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €795 | +€795 | |
| Other operating charges | 640/8 | €137,210 | €17,430 | -€119,780 | -87.3% |
| Gross operating margin | 9900 | €530,661 | €280,088 | -€250,573 | -47.2% |
| Operating profit (loss) | 9901 | €109,907 | €64,998 | -€44,909 | -40.9% |
| Financial income | 75/76B | €1,438 | €1,308 | -€130 | -9.0% |
| Recurring financial income | 75 | €1,438 | €1,308 | -€130 | -9.0% |
| Financial charges | 65/66B | €10,237 | €11,954 | +€1,718 | +16.8% |
| Recurring financial charges | 65 | €10,237 | €11,954 | +€1,718 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | €101,109 | €54,352 | -€46,756 | -46.2% |
| Income taxes | 67/77 | €23,959 | €14,854 | -€9,105 | -38.0% |
| Profit (loss) for the period | 9904 | €77,149 | €39,498 | -€37,651 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €77,149 | €39,498 | -€37,651 | -48.8% |
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 17 October 2026 via checked.be.