Distrinet: what changed
Two fiscal 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.
What changed
Distrinet
NACE 47.120, Other non-specialised retail sale
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€704,340
2024 · €669,320+€35,020
Equity
€1.2m
2024 · €1.2m+€4,340
Cash
€1.6m
2024 · €1.6m+€65,622
Balance sheet total
€3.8m
2024 · €3.7m+€123,158
Largest movements
Assets
- Receivables within one year +€118,630
up €118,630 (+85.9%), from €138,085 to €256,715
of which Other amounts receivable: +€71,496
- Cash +€65,622
up €65,622 (+4.2%), from €1.6m to €1.6m
mainly Net result for the year (+€704,340) and Depreciation (+€176,559)
- Tangible fixed assets -€55,165
down €55,165 (-5.1%), from €1.1m to €1.0m
of which Plant, machinery and equipment: -€52,440
Equity and liabilities
- Other debts +€169,012
up €169,012 (+25.2%), from €670,258 to €839,270
- Debts after one year -€135,327
down €135,327 (-17.0%), from €798,184 to €662,857
- Trade debts +€65,535
up €65,535 (+8.9%), from €736,164 to €801,699
Income statement
- Turnover -€11.3m
no longer reported in 2025 (was €11.3m)
- Purchases and services -€10.2m
no longer reported in 2025 (was €10.2m)
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.
Result 2024
€669,320
Gross operating margin
+€21,161
Staff costs
+€30,951
Depreciation
-€11,602
Other operating charges
-€4,515
Financial income
+€2,595
Financial charges
-€3,755
Taxes
+€184
Result 2025
€704,340
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.
From operations
+€1.0m
Investment
-€121,394
Financing
-€834,128
Cash 2024
€1.6m
From operations (derived)
+€1.0m
Net result for the year
+€704,340
Depreciation
+€176,559
Receivables after one year
+€15,000
Stocks and contracts
+€17,392
Receivables within one year
-€118,630
Deferred charges and accrued income
-€26,462
Trade debts
+€65,535
Tax, wage and social debts
+€18,399
Other debts
+€169,012
Investment (derived)
-€121,394
Investment in fixed assets (net)
-€121,394
Financing
-€834,128
Debts after one year
-€135,327
Current portion of long-term debt
+€1,199
Contributions, distributions and other
-€700,000
Cash 2025
€1.6m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,704,352 | €3,827,509 | +€123,158 | +3.3% |
| Fixed assets | 21/28 | €1,081,065 | €1,025,900 | -€55,165 | -5.1% |
| Tangible fixed assets | 22/27 | €1,080,665 | €1,025,500 | -€55,165 | -5.1% |
| Land and buildings | 22 | €361,641 | €351,244 | -€10,397 | -2.9% |
| Plant, machinery and equipment | 23 | €676,792 | €624,351 | -€52,440 | -7.7% |
| Furniture and vehicles | 24 | €42,233 | €49,905 | +€7,672 | +18.2% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €2,623,286 | €2,801,609 | +€178,323 | +6.8% |
| Amounts receivable after more than one year | 29 | €268,662 | €253,662 | -€15,000 | -5.6% |
| Other amounts receivable | 291 | €268,662 | €253,662 | -€15,000 | -5.6% |
| Stocks and contracts in progress | 3 | €594,896 | €577,505 | -€17,392 | -2.9% |
| Stocks | 30/36 | €594,896 | €577,505 | -€17,392 | -2.9% |
| Amounts receivable within one year | 40/41 | €138,085 | €256,715 | +€118,630 | +85.9% |
| Trade receivables | 40 | €41,700 | €88,834 | +€47,134 | +113.0% |
| Other amounts receivable | 41 | €96,385 | €167,881 | +€71,496 | +74.2% |
| Cash at bank and in hand | 54/58 | €1,558,070 | €1,623,692 | +€65,622 | +4.2% |
| Deferred charges and accrued income | 490/1 | €63,572 | €90,035 | +€26,462 | +41.6% |
| Total equity and liabilities | 10/49 | €3,704,352 | €3,827,509 | +€123,158 | +3.3% |
| Equity | 10/15 | €1,227,929 | €1,232,269 | +€4,340 | +0.4% |
| Contributions | 10/11 | €403,000 | €403,000 | = | 0.0% |
| Capital | 10 | €403,000 | €403,000 | = | 0.0% |
| Issued capital | 100 | €403,000 | €403,000 | = | 0.0% |
| Reserves | 13 | €40,300 | €40,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,300 | €40,300 | = | 0.0% |
| Legal reserve | 130 | €40,300 | €40,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €784,629 | €788,969 | +€4,340 | +0.6% |
| Amounts payable | 17/49 | €2,476,422 | €2,595,240 | +€118,818 | +4.8% |
| Amounts payable after more than one year | 17 | €798,184 | €662,857 | -€135,327 | -17.0% |
| Financial debts | 170/4 | €798,184 | €662,857 | -€135,327 | -17.0% |
| Amounts payable within one year | 42/48 | €1,678,238 | €1,932,383 | +€254,146 | +15.1% |
| Current portion of amounts payable after more than one year | 42 | €134,128 | €135,327 | +€1,199 | +0.9% |
| Trade debts | 44 | €736,164 | €801,699 | +€65,535 | +8.9% |
| Suppliers | 440/4 | €736,164 | €801,699 | +€65,535 | +8.9% |
| Taxes, remuneration and social security | 45 | €137,687 | €156,086 | +€18,399 | +13.4% |
| Taxes | 450/3 | €5,910 | €6,112 | +€202 | +3.4% |
| Remuneration and social security | 454/9 | €131,777 | €149,974 | +€18,197 | +13.8% |
| Other amounts payable | 47/48 | €670,258 | €839,270 | +€169,012 | +25.2% |
| Turnover | 70 | €11,347,566 | - | -€11.3m | |
| Goods, raw materials, services and sundry goods | 60/61 | €10,170,477 | - | -€10.2m | |
| Remuneration, social security and pensions | 62 | €832,504 | €801,553 | -€30,951 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €164,957 | €176,559 | +€11,602 | +7.0% |
| Other operating charges | 640/8 | €35,735 | €40,249 | +€4,515 | +12.6% |
| Gross operating margin | 9900 | €1,741,145 | €1,762,306 | +€21,161 | +1.2% |
| Operating profit (loss) | 9901 | €707,950 | €743,945 | +€35,995 | +5.1% |
| Financial income | 75/76B | €4,373 | €6,969 | +€2,595 | +59.3% |
| Recurring financial income | 75 | €4,373 | €6,969 | +€2,595 | +59.3% |
| Financial charges | 65/66B | €39,123 | €42,878 | +€3,755 | +9.6% |
| Recurring financial charges | 65 | €39,123 | €42,878 | +€3,755 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €673,200 | €708,036 | +€34,835 | +5.2% |
| Income taxes | 67/77 | €3,880 | €3,696 | -€184 | -4.7% |
| Profit (loss) for the period | 9904 | €669,320 | €704,340 | +€35,020 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €669,320 | €704,340 | +€35,020 | +5.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.