DISTRIMAT: 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.
DISTRIMAT
Largest movements
- Receivables within one year -€29,199
down €29,199 (-37.5%), from €77,913 to €48,714
of which Other amounts receivable: -€26,379
- Tangible fixed assets -€18,682
down €18,682 (-95.9%), from €19,472 to €790
of which Leasing and similar rights: -€18,200
- Cash -€3,038
down €3,038 (-72.2%), from €4,210 to €1,172
mainly Other debts (-€60,114) and Current portion of long-term debt (-€25,480)
- Profit (loss) carried forward +€130,976
up €130,976 (+26.1%), from -€502,067 to -€371,090
- Reserves -€89,473
down €89,473 (-98.0%), from €91,328 to €1,855
of which Distributable reserves: -€87,618
- Other debts -€60,114
down €60,114 (-12.0%), from €501,425 to €441,311
- Current portion of long-term debt -€25,480
no longer reported in 2025 (was €25,480)
- Trade debts -€7,277
down €7,277 (-23.6%), from €30,782 to €23,504
- Write-downs -€17,105
down €17,105 (-562%), from -€3,042 to -€20,147
- Financial income +€9,536
up €9,536 (+218%), from €4,372 to €13,908
- Depreciation -€6,868
down €6,868 (-26.9%), from €25,550 to €18,682
- Gross operating margin -€4,010
down €4,010 (-11.1%), from €36,258 to €32,248
- Financial charges -€872
down €872 (-14.3%), from €6,087 to €5,215
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 | €165,823 | €114,130 | -€51,693 | -31.2% |
| Fixed assets | 21/28 | €21,482 | €2,665 | -€18,817 | -87.6% |
| Tangible fixed assets | 22/27 | €19,472 | €790 | -€18,682 | -95.9% |
| Plant, machinery and equipment | 23 | €1,272 | €790 | -€482 | -37.9% |
| Leasing and similar rights | 25 | €18,200 | - | -€18,200 | |
| Financial fixed assets | 28 | €2,010 | €1,875 | -€135 | -6.7% |
| Current assets | 29/58 | €144,341 | €111,465 | -€32,876 | -22.8% |
| Stocks and contracts in progress | 3 | €61,023 | €61,023 | = | 0.0% |
| Stocks | 30/36 | €61,023 | €61,023 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €77,913 | €48,714 | -€29,199 | -37.5% |
| Trade receivables | 40 | €46,136 | €43,316 | -€2,820 | -6.1% |
| Other amounts receivable | 41 | €31,777 | €5,398 | -€26,379 | -83.0% |
| Cash at bank and in hand | 54/58 | €4,210 | €1,172 | -€3,038 | -72.2% |
| Deferred charges and accrued income | 490/1 | €1,195 | €556 | -€639 | -53.5% |
| Total equity and liabilities | 10/49 | €165,823 | €114,130 | -€51,693 | -31.2% |
| Equity | 10/15 | -€392,189 | -€350,685 | +€41,504 | +10.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €91,328 | €1,855 | -€89,473 | -98.0% |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Distributable reserves | 133 | €89,473 | €1,855 | -€87,618 | -97.9% |
| Profit (loss) carried forward | 14 | -€502,067 | -€371,090 | +€130,976 | +26.1% |
| Amounts payable | 17/49 | €558,012 | €464,815 | -€93,197 | -16.7% |
| Amounts payable within one year | 42/48 | €557,898 | €464,815 | -€93,083 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €25,480 | - | -€25,480 | |
| Trade debts | 44 | €30,782 | €23,504 | -€7,277 | -23.6% |
| Suppliers | 440/4 | €30,782 | €23,504 | -€7,277 | -23.6% |
| Taxes, remuneration and social security | 45 | €212 | - | -€212 | |
| Taxes | 450/3 | €212 | - | -€212 | |
| Other amounts payable | 47/48 | €501,425 | €441,311 | -€60,114 | -12.0% |
| Accrued charges and deferred income | 492/3 | €114 | - | -€114 | |
| Non-recurring operating income | 76A | - | €875 | +€875 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,550 | €18,682 | -€6,868 | -26.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,042 | -€20,147 | -€17,105 | -562% |
| Other operating charges | 640/8 | €823 | €688 | -€136 | -16.5% |
| Non-recurring operating charges | 66A | - | €214 | +€214 | |
| Gross operating margin | 9900 | €36,258 | €32,248 | -€4,010 | -11.1% |
| Operating profit (loss) | 9901 | €12,927 | €32,812 | +€19,885 | +154% |
| Financial income | 75/76B | €4,372 | €13,908 | +€9,536 | +218% |
| Recurring financial income | 75 | €4,372 | €13,908 | +€9,536 | +218% |
| Financial charges | 65/66B | €6,087 | €5,215 | -€872 | -14.3% |
| Recurring financial charges | 65 | €6,087 | €5,215 | -€872 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €11,212 | €41,506 | +€30,293 | +270% |
| Income taxes | 67/77 | €2 | €2 | = | 0.0% |
| Profit (loss) for the period | 9904 | €11,210 | €41,504 | +€30,293 | +270% |
| Profit (loss) for the period to be appropriated | 9905 | €11,210 | €41,504 | +€30,293 | +270% |
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 27 October 2026 via checked.be.