Distritech 21: 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.
What changed
Distritech 21
NACE 70.200, Business and other management consultancy
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€11.2m
2025 · €1.1m+€10.2m
Equity
€30.9m
2025 · €19.6m+€11.2m
Cash
€5.9m
2025 · €1.4m+€4.4m
Balance sheet total
€48.4m
2025 · €30.2m+€18.2m
Largest movements
Assets
- Receivables after one year +€10.7m
new in 2026: €10.7m
- Cash +€4.4m
up €4.4m (+311%), from €1.4m to €5.9m
mainly Net result for the year (+€11.2m) and Other debts (+€8.3m)
- Current investments +€3.0m
new in 2026: €3.0m
- Receivables within one year +€2.9m
up €2.9m (+64.7%), from €4.4m to €7.3m
of which Other amounts receivable: +€3.5m
- Financial fixed assets -€2.5m
down €2.5m (-10.8%), from €22.9m to €20.4m
of which Affiliated companies: -€2.5m
Equity and liabilities
- Reserves +€11.2m
up €11.2m (+57.5%), from €19.6m to €30.8m
of which Distributable reserves: +€11.2m
- Other debts +€8.3m
up €8.3m (+112%), from €7.4m to €15.8m
- Debts after one year -€1.4m
no longer reported in 2026 (was €1.4m)
of which Other amounts payable: -€925,389
Income statement
- Financial income +€11.3m
up €11.3m (+10,982%), from €102,644 to €11.4m
of which Financial income: +€7.9m
- Turnover -€738,836
down €738,836 (-14.9%), from €4.9m to €4.2m
- Services and other goods +€368,416
up €368,416 (+11.5%), from €3.2m to €3.6m
- Other operating charges +€148,574
up €148,574 (+117%), from €126,797 to €275,371
- Staff costs -€74,890
down €74,890, from €74,312 to -€578
From the 2025 result to the 2026 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 2025
€1.1m
Turnover
-€738,836
Other operating income
-€52,431
Goods and materials
+€23,863
Services and other goods
-€368,416
Staff costs
+€74,890
Depreciation
+€42
Other operating charges
-€148,574
Other operating items
+€84,706
Financial income
+€11.3m
Financial charges
+€7,228
Taxes
-€3,492
Result 2026
€11.2m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€6.7m
Investment
-€536,314
Financing
-€1.7m
Cash 2025
€1.4m
From operations (derived)
+€6.7m
Net result for the year
+€11.2m
Depreciation
+€309,323
Receivables after one year
-€10.7m
Receivables within one year
-€2.9m
Smaller working-capital items
-€12,391
Trade debts
+€348,567
Other debts
+€8.3m
Investment (derived)
-€536,314
Investment in fixed assets (net)
+€2.5m
Current investments
-€3.0m
Financing
-€1.7m
Debts after one year
-€1.4m
Current portion of long-term debt
-€263,910
Cash 2026
€5.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,212,447 | €48,438,732 | +€18.2m | +60.3% |
| Fixed assets | 21/28 | €24,363,641 | €21,590,633 | -€2.8m | -11.4% |
| Intangible fixed assets | 21 | €1,505,935 | €1,196,612 | -€309,323 | -20.5% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €22,857,707 | €20,394,021 | -€2.5m | -10.8% |
| Affiliated companies | 280/1 | €22,847,707 | €20,384,021 | -€2.5m | -10.8% |
| Participating interests | 280 | €22,847,707 | €20,384,021 | -€2.5m | -10.8% |
| Companies linked by participating interests | 282/3 | €10,000 | €10,000 | = | 0.0% |
| Participating interests | 282 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €5,848,805 | €26,848,099 | +€21.0m | +359% |
| Amounts receivable after more than one year | 29 | - | €10,701,221 | +€10.7m | |
| Other amounts receivable | 291 | - | €10,701,221 | +€10.7m | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €4,421,469 | €7,281,516 | +€2.9m | +64.7% |
| Trade receivables | 40 | €1,942,111 | €1,339,857 | -€602,253 | -31.0% |
| Other amounts receivable | 41 | €2,479,359 | €5,941,659 | +€3.5m | +140% |
| Current investments | 50/53 | - | €3,000,000 | +€3.0m | |
| Other investments | 51/53 | - | €3,000,000 | +€3.0m | |
| Cash at bank and in hand | 54/58 | €1,427,336 | €5,862,438 | +€4.4m | +311% |
| Deferred charges and accrued income | 490/1 | - | €2,924 | +€2,924 | |
| Total equity and liabilities | 10/49 | €30,212,447 | €48,438,732 | +€18.2m | +60.3% |
| Equity | 10/15 | €19,618,802 | €30,865,794 | +€11.2m | +57.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €19,556,802 | €30,803,794 | +€11.2m | +57.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €19,550,602 | €30,797,594 | +€11.2m | +57.5% |
| Amounts payable | 17/49 | €10,593,644 | €17,572,938 | +€7.0m | +65.9% |
| Amounts payable after more than one year | 17 | €1,424,637 | - | -€1.4m | |
| Financial debts | 170/4 | €499,248 | - | -€499,248 | |
| Credit institutions | 173 | €499,248 | - | -€499,248 | |
| Other amounts payable | 178/9 | €925,389 | - | -€925,389 | |
| Amounts payable within one year | 42/48 | €9,169,007 | €17,572,938 | +€8.4m | +91.7% |
| Current portion of amounts payable after more than one year | 42 | €1,688,546 | €1,424,636 | -€263,910 | -15.6% |
| Trade debts | 44 | €16,809 | €365,377 | +€348,567 | +2,074% |
| Suppliers | 440/4 | €16,809 | €365,377 | +€348,567 | +2,074% |
| Taxes, remuneration and social security | 45 | €21,237 | €11,770 | -€9,467 | -44.6% |
| Taxes | 450/3 | €16,723 | €11,770 | -€4,953 | -29.6% |
| Remuneration and social security | 454/9 | €4,514 | - | -€4,514 | |
| Other amounts payable | 47/48 | €7,442,416 | €15,771,155 | +€8.3m | +112% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €5,076,103 | €4,284,836 | -€791,267 | -15.6% |
| Turnover | 70 | €4,944,423 | €4,205,587 | -€738,836 | -14.9% |
| Other operating income | 74 | €131,680 | €79,249 | -€52,431 | -39.8% |
| Operating charges | 60/66A | €3,811,549 | €4,145,037 | +€333,488 | +8.7% |
| Goods for resale, raw materials and consumables | 60 | €23,863 | - | -€23,863 | |
| Purchases | 600/8 | €23,863 | - | -€23,863 | |
| Services and other goods | 61 | €3,192,506 | €3,560,922 | +€368,416 | +11.5% |
| Remuneration, social security and pensions | 62 | €74,312 | -€578 | -€74,890 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €309,365 | €309,323 | -€42 | 0.0% |
| Other operating charges | 640/8 | €126,797 | €275,371 | +€148,574 | +117% |
| Non-recurring operating charges | 66A | €84,706 | - | -€84,706 | |
| Operating profit (loss) | 9901 | €1,264,554 | €139,799 | -€1.1m | -88.9% |
| Financial income | 75/76B | €102,644 | €11,375,500 | +€11.3m | +10,982% |
| Recurring financial income | 75 | €30,986 | €7,953,265 | +€7.9m | +25,568% |
| Income from financial fixed assets | 750 | €0 | €7,925,143 | +€7.9m | |
| Income from current assets | 751 | €30,986 | €28,122 | -€2,863 | -9.2% |
| Other financial income | 752/9 | €0 | €0 | +€0 | +4,300% |
| Non-recurring financial income | 76B | €71,659 | €3,422,235 | +€3.4m | +4,676% |
| Financial charges | 65/66B | €255,316 | €248,088 | -€7,228 | -2.8% |
| Recurring financial charges | 65 | €255,316 | €248,088 | -€7,228 | -2.8% |
| Debt charges | 650 | €253,246 | €246,164 | -€7,082 | -2.8% |
| Other financial charges | 652/9 | €2,069 | €1,924 | -€146 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €1,111,883 | €11,267,211 | +€10.2m | +913% |
| Income taxes | 67/77 | €16,728 | €20,219 | +€3,492 | +20.9% |
| Taxes | 670/3 | €16,728 | €20,219 | +€3,492 | +20.9% |
| Profit (loss) for the period | 9904 | €1,095,155 | €11,246,992 | +€10.2m | +927% |
| Profit (loss) for the period to be appropriated | 9905 | €1,095,155 | €11,246,992 | +€10.2m | +927% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.