DISTRILOGIX: 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.
DISTRILOGIX
Largest movements
- Cash +€408,256
up €408,256 (+81.7%), from €499,812 to €908,068
mainly Other debts (+€771,660) and Net result for the year (+€715,710)
- Receivables within one year -€152,538
down €152,538 (-68.1%), from €223,903 to €71,365
of which Trade receivables: -€129,541
- Tangible fixed assets -€68,466
down €68,466 (-3.0%), from €2.2m to €2.2m
of which Land and buildings: -€64,803
- Other debts +€771,660
up €771,660 (+435%), from €177,439 to €949,100
- Reserves -€384,290
down €384,290 (-21.5%), from €1.8m to €1.4m
of which Distributable reserves: -€805,290
- Debts after one year -€115,868
down €115,868 (-7.2%), from €1.6m to €1.5m
- Tax, wage and social debts -€99,526
down €99,526 (-50.5%), from €197,060 to €97,534
- Gross operating margin -€631,844
down €631,844 (-37.1%), from €1.7m to €1.1m
- Taxes -€121,270
down €121,270 (-34.6%), from €350,207 to €228,937
- Depreciation -€19,643
down €19,643 (-20.9%), from €94,180 to €74,537
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 | €3,932,077 | €4,119,882 | +€187,805 | +4.8% |
| Fixed assets | 21/28 | €3,204,634 | €3,136,168 | -€68,466 | -2.1% |
| Tangible fixed assets | 22/27 | €2,247,203 | €2,178,737 | -€68,466 | -3.0% |
| Land and buildings | 22 | €2,234,729 | €2,169,925 | -€64,803 | -2.9% |
| Plant, machinery and equipment | 23 | €1,206 | €676 | -€530 | -43.9% |
| Furniture and vehicles | 24 | €11,268 | €8,136 | -€3,133 | -27.8% |
| Financial fixed assets | 28 | €957,431 | €957,431 | = | 0.0% |
| Current assets | 29/58 | €727,443 | €983,714 | +€256,271 | +35.2% |
| Amounts receivable within one year | 40/41 | €223,903 | €71,365 | -€152,538 | -68.1% |
| Trade receivables | 40 | €200,338 | €70,797 | -€129,541 | -64.7% |
| Other amounts receivable | 41 | €23,565 | €568 | -€22,997 | -97.6% |
| Cash at bank and in hand | 54/58 | €499,812 | €908,068 | +€408,256 | +81.7% |
| Deferred charges and accrued income | 490/1 | €3,727 | €4,280 | +€553 | +14.8% |
| Total equity and liabilities | 10/49 | €3,932,077 | €4,119,882 | +€187,805 | +4.8% |
| Equity | 10/15 | €1,808,717 | €1,424,426 | -€384,290 | -21.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,790,117 | €1,405,826 | -€384,290 | -21.5% |
| Tax-exempt reserves | 132 | €454,680 | €875,680 | +€421,000 | +92.6% |
| Distributable reserves | 133 | €1,335,437 | €530,146 | -€805,290 | -60.3% |
| Amounts payable | 17/49 | €2,123,360 | €2,695,456 | +€572,096 | +26.9% |
| Amounts payable after more than one year | 17 | €1,616,129 | €1,500,261 | -€115,868 | -7.2% |
| Financial debts | 170/4 | €1,616,129 | €1,500,261 | -€115,868 | -7.2% |
| Amounts payable within one year | 42/48 | €494,155 | €1,182,119 | +€687,964 | +139% |
| Current portion of amounts payable after more than one year | 42 | €112,396 | €115,868 | +€3,473 | +3.1% |
| Trade debts | 44 | - | €12,357 | +€12,357 | |
| Suppliers | 440/4 | - | €12,357 | +€12,357 | |
| Advances received on contracts in progress | 46 | €7,260 | €7,260 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €197,060 | €97,534 | -€99,526 | -50.5% |
| Taxes | 450/3 | €197,060 | €97,534 | -€99,526 | -50.5% |
| Other amounts payable | 47/48 | €177,439 | €949,100 | +€771,660 | +435% |
| Accrued charges and deferred income | 492/3 | €13,076 | €13,076 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,180 | €74,537 | -€19,643 | -20.9% |
| Other operating charges | 640/8 | €5,256 | €5,746 | +€490 | +9.3% |
| Gross operating margin | 9900 | €1,701,907 | €1,070,063 | -€631,844 | -37.1% |
| Operating profit (loss) | 9901 | €1,602,472 | €989,781 | -€612,691 | -38.2% |
| Financial income | 75/76B | €40 | €15,980 | +€15,940 | +39,861% |
| Recurring financial income | 75 | €40 | €15,980 | +€15,940 | +39,861% |
| Financial charges | 65/66B | €66,423 | €61,114 | -€5,308 | -8.0% |
| Recurring financial charges | 65 | €66,423 | €61,114 | -€5,308 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €1,536,089 | €944,647 | -€591,442 | -38.5% |
| Income taxes | 67/77 | €350,207 | €228,937 | -€121,270 | -34.6% |
| Profit (loss) for the period | 9904 | €1,185,882 | €715,710 | -€470,172 | -39.6% |
| Transfer to tax-exempt reserves | 689 | €454,680 | €421,000 | -€33,680 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €731,202 | €294,710 | -€436,492 | -59.7% |
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 22 October 2026 via checked.be.