DISTRIKOR: 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.
DISTRIKOR
Largest movements
- Cash -€1.3m
down €1.3m (-62.0%), from €2.1m to €794,124
mainly Current investments (-€898,250) and Contributions, distributions and other (-€242,575)
- Current investments +€898,250
up €898,250 (+14592.7%), from €6,155 to €904,406
- Receivables within one year +€218,214
up €218,214 (+49.4%), from €442,140 to €660,355
of which Other amounts receivable: +€246,482
- Tangible fixed assets -€191,723
down €191,723 (-12.9%), from €1.5m to €1.3m
of which Plant, machinery and equipment: -€153,747
- Stocks and contracts +€157,380
up €157,380 (+26.7%), from €589,370 to €746,750
- Debts after one year -€148,460
down €148,460 (-14.6%), from €1.0m to €865,850
- Trade debts -€49,959
down €49,959 (-4.6%), from €1.1m to €1.0m
- Tax, wage and social debts +€47,149
up €47,149 (+33.3%), from €141,748 to €188,897
of which Taxes: +€49,592
- Gross operating margin +€163,807
up €163,807 (+15.3%), from €1.1m to €1.2m
- Taxes +€85,924
up €85,924 (+251.7%), from €34,136 to €120,059
- Staff costs -€20,339
down €20,339 (-3.1%), from €663,952 to €643,613
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 | €4,633,956 | €4,423,427 | -€210,529 | -4.5% |
| Fixed assets | 21/28 | €1,489,742 | €1,298,020 | -€191,723 | -12.9% |
| Tangible fixed assets | 22/27 | €1,489,486 | €1,297,764 | -€191,723 | -12.9% |
| Land and buildings | 22 | €202,384 | €175,702 | -€26,681 | -13.2% |
| Plant, machinery and equipment | 23 | €1,274,623 | €1,120,876 | -€153,747 | -12.1% |
| Furniture and vehicles | 24 | €12,479 | €1,185 | -€11,294 | -90.5% |
| Financial fixed assets | 28 | €256 | €256 | = | 0.0% |
| Current assets | 29/58 | €3,144,214 | €3,125,407 | -€18,806 | -0.6% |
| Stocks and contracts in progress | 3 | €589,370 | €746,750 | +€157,380 | +26.7% |
| Stocks | 30/36 | €589,370 | €746,750 | +€157,380 | +26.7% |
| Amounts receivable within one year | 40/41 | €442,140 | €660,355 | +€218,214 | +49.4% |
| Trade receivables | 40 | €143,954 | €115,687 | -€28,267 | -19.6% |
| Other amounts receivable | 41 | €298,186 | €544,667 | +€246,482 | +82.7% |
| Current investments | 50/53 | €6,155 | €904,406 | +€898,250 | +14592.7% |
| Cash at bank and in hand | 54/58 | €2,087,142 | €794,124 | -€1.3m | -62.0% |
| Deferred charges and accrued income | 490/1 | €19,406 | €19,773 | +€367 | +1.9% |
| Total equity and liabilities | 10/49 | €4,633,956 | €4,423,427 | -€210,529 | -4.5% |
| Equity | 10/15 | €2,177,965 | €2,178,667 | +€701 | 0.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,115,965 | €2,116,667 | +€701 | 0.0% |
| Non-distributable reserves | 130/1 | €117,350 | €117,350 | = | 0.0% |
| Legal reserve | 130 | €117,350 | €117,350 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €1,998,615 | €1,999,317 | +€701 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €2,455,990 | €2,244,760 | -€211,230 | -8.6% |
| Amounts payable after more than one year | 17 | €1,014,310 | €865,850 | -€148,460 | -14.6% |
| Financial debts | 170/4 | €1,014,310 | €865,850 | -€148,460 | -14.6% |
| Amounts payable within one year | 42/48 | €1,441,681 | €1,378,910 | -€62,770 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €147,159 | €148,460 | +€1,301 | +0.9% |
| Trade debts | 44 | €1,091,513 | €1,041,553 | -€49,959 | -4.6% |
| Suppliers | 440/4 | €1,091,513 | €1,041,553 | -€49,959 | -4.6% |
| Advances received on contracts in progress | 46 | €41,177 | €0 | -€41,177 | -100.0% |
| Taxes, remuneration and social security | 45 | €141,748 | €188,897 | +€47,149 | +33.3% |
| Taxes | 450/3 | €23,812 | €73,403 | +€49,592 | +208.3% |
| Remuneration and social security | 454/9 | €117,937 | €115,494 | -€2,442 | -2.1% |
| Other amounts payable | 47/48 | €20,084 | €0 | -€20,084 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €663,952 | €643,613 | -€20,339 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206,342 | €203,621 | -€2,722 | -1.3% |
| Other operating charges | 640/8 | €9,664 | €8,815 | -€849 | -8.8% |
| Gross operating margin | 9900 | €1,067,391 | €1,231,198 | +€163,807 | +15.3% |
| Operating profit (loss) | 9901 | €187,433 | €375,150 | +€187,717 | +100.2% |
| Financial income | 75/76B | €14,090 | €12,097 | -€1,993 | -14.1% |
| Recurring financial income | 75 | €14,090 | €12,097 | -€1,993 | -14.1% |
| Financial charges | 65/66B | €16,641 | €23,911 | +€7,270 | +43.7% |
| Recurring financial charges | 65 | €16,641 | €23,911 | +€7,270 | +43.7% |
| Profit (loss) for the period before taxes | 9903 | €184,882 | €363,335 | +€178,453 | +96.5% |
| Transfer from deferred taxes | 780 | €19 | €0 | -€19 | -100.0% |
| Income taxes | 67/77 | €34,136 | €120,059 | +€85,924 | +251.7% |
| Profit (loss) for the period | 9904 | €150,765 | €243,276 | +€92,511 | +61.4% |
| Transfer from tax-exempt reserves | 789 | €57 | €0 | -€57 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €150,822 | €243,276 | +€92,454 | +61.3% |
Source: filed annual accounts (NBB), financial years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.