DISTRIPHAR: 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.
DISTRIPHAR
Largest movements
- Receivables within one year -€661,410
down €661,410 (-79.0%), from €837,441 to €176,031
of which Trade receivables: -€674,890
- Stocks and contracts +€244,716
up €244,716 (+1205.9%), from €20,292 to €265,009
- Cash -€158,729
down €158,729 (-19.8%), from €802,289 to €643,560
mainly Advances received (-€594,494) and Stocks and contracts (-€244,716)
- Advances received -€594,494
down €594,494 (-57.7%), from €1.0m to €435,281
- Trade debts +€96,576
up €96,576 (+77.4%), from €124,803 to €221,379
- Profit (loss) carried forward -€62,752
down €62,752 (-32.3%), from €194,416 to €131,664
- Gross operating margin -€89,333
down €89,333 (-36.8%), from €242,763 to €153,430
- Staff costs -€9,450
down €9,450 (-4.0%), from €238,257 to €228,807
- Taxes -€4,157
no longer reported in 2025 (was €4,157)
- Financial income -€3,812
down €3,812 (-12.0%), from €31,661 to €27,849
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 | €1,666,579 | €1,092,908 | -€573,671 | -34.4% |
| Fixed assets | 21/28 | €3,332 | €1,008 | -€2,323 | -69.7% |
| Tangible fixed assets | 22/27 | €3,332 | €1,008 | -€2,323 | -69.7% |
| Plant, machinery and equipment | 23 | €146 | €0 | -€146 | -100.0% |
| Furniture and vehicles | 24 | €3,186 | €1,008 | -€2,177 | -68.3% |
| Current assets | 29/58 | €1,663,248 | €1,091,900 | -€571,348 | -34.4% |
| Stocks and contracts in progress | 3 | €20,292 | €265,009 | +€244,716 | +1205.9% |
| Stocks | 30/36 | €20,292 | €265,009 | +€244,716 | +1205.9% |
| Amounts receivable within one year | 40/41 | €837,441 | €176,031 | -€661,410 | -79.0% |
| Trade receivables | 40 | €816,693 | €141,803 | -€674,890 | -82.6% |
| Other amounts receivable | 41 | €20,749 | €34,228 | +€13,480 | +65.0% |
| Cash at bank and in hand | 54/58 | €802,289 | €643,560 | -€158,729 | -19.8% |
| Deferred charges and accrued income | 490/1 | €3,225 | €7,300 | +€4,075 | +126.4% |
| Total equity and liabilities | 10/49 | €1,666,579 | €1,092,908 | -€573,671 | -34.4% |
| Equity | 10/15 | €436,416 | €373,664 | -€62,752 | -14.4% |
| Contributions | 10/11 | €220,000 | €220,000 | = | 0.0% |
| Capital | 10 | €220,000 | €220,000 | = | 0.0% |
| Issued capital | 100 | €220,000 | €220,000 | = | 0.0% |
| Reserves | 13 | €22,000 | €22,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,000 | €22,000 | = | 0.0% |
| Legal reserve | 130 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €194,416 | €131,664 | -€62,752 | -32.3% |
| Amounts payable | 17/49 | €1,230,163 | €719,244 | -€510,919 | -41.5% |
| Amounts payable within one year | 42/48 | €1,218,128 | €710,229 | -€507,899 | -41.7% |
| Trade debts | 44 | €124,803 | €221,379 | +€96,576 | +77.4% |
| Suppliers | 440/4 | €124,803 | €221,379 | +€96,576 | +77.4% |
| Advances received on contracts in progress | 46 | €1,029,775 | €435,281 | -€594,494 | -57.7% |
| Taxes, remuneration and social security | 45 | €43,549 | €33,569 | -€9,981 | -22.9% |
| Taxes | 450/3 | €16,320 | €8,177 | -€8,143 | -49.9% |
| Remuneration and social security | 454/9 | €27,229 | €25,392 | -€1,837 | -6.7% |
| Other amounts payable | 47/48 | €20,000 | €20,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €12,035 | €9,015 | -€3,020 | -25.1% |
| Remuneration, social security and pensions | 62 | €238,257 | €228,807 | -€9,450 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,572 | €3,433 | -€2,139 | -38.4% |
| Other operating charges | 640/8 | €8,041 | €7,876 | -€164 | -2.0% |
| Non-recurring operating charges | 66A | - | €910 | +€910 | |
| Gross operating margin | 9900 | €242,763 | €153,430 | -€89,333 | -36.8% |
| Operating profit (loss) | 9901 | -€9,106 | -€87,597 | -€78,491 | -862.0% |
| Financial income | 75/76B | €31,661 | €27,849 | -€3,812 | -12.0% |
| Recurring financial income | 75 | €31,661 | €27,849 | -€3,812 | -12.0% |
| Financial charges | 65/66B | €4,388 | €3,005 | -€1,384 | -31.5% |
| Recurring financial charges | 65 | €4,388 | €3,005 | -€1,384 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | €18,167 | -€62,752 | -€80,919 | |
| Income taxes | 67/77 | €4,157 | - | -€4,157 | |
| Profit (loss) for the period | 9904 | €14,009 | -€62,752 | -€76,761 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,009 | -€62,752 | -€76,761 |
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 3 October 2026 via checked.be.