DISTRIVAL: 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.
DISTRIVAL
Largest movements
- Tangible fixed assets -€6,651
down €6,651 (-39.5%), from €16,839 to €10,188
of which Plant, machinery and equipment: -€4,452
- Receivables within one year +€5,039
up €5,039 (+4.2%), from €120,960 to €125,999
of which Other amounts receivable: +€2,734
- Debts after one year +€271,449
up €271,449 (+90.6%), from €299,760 to €571,209
- Other debts -€261,700
no longer reported in 2025 (was €261,700)
- Profit (loss) carried forward -€20,465
down €20,465 (-1.2%), from -€1.8m to -€1.8m
- Trade debts +€12,156
up €12,156 (+461%), from €2,638 to €14,794
- Purchases and services +€8,644
new in 2025: €8,644
- Staff costs +€6,667
new in 2025: €6,667
- Gross operating margin -€3,881
down €3,881 (-149%), from -€2,611 to -€6,492
- Depreciation +€1,368
up €1,368 (+25.9%), from €5,283 to €6,651
- Other operating charges +€579
new in 2025: €579
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 | €304,523 | €303,725 | -€798 | -0.3% |
| Fixed assets | 21/28 | €179,196 | €172,545 | -€6,651 | -3.7% |
| Tangible fixed assets | 22/27 | €16,839 | €10,188 | -€6,651 | -39.5% |
| Plant, machinery and equipment | 23 | €12,442 | €7,990 | -€4,452 | -35.8% |
| Furniture and vehicles | 24 | €4,397 | €2,198 | -€2,198 | -50.0% |
| Financial fixed assets | 28 | €162,357 | €162,357 | = | 0.0% |
| Current assets | 29/58 | €125,326 | €131,180 | +€5,853 | +4.7% |
| Stocks and contracts in progress | 3 | €2,868 | €3,406 | +€538 | +18.8% |
| Stocks | 30/36 | €2,868 | €3,406 | +€538 | +18.8% |
| Amounts receivable within one year | 40/41 | €120,960 | €125,999 | +€5,039 | +4.2% |
| Trade receivables | 40 | €1,657 | €3,963 | +€2,306 | +139% |
| Other amounts receivable | 41 | €119,303 | €122,037 | +€2,734 | +2.3% |
| Cash at bank and in hand | 54/58 | €1,498 | €1,774 | +€276 | +18.4% |
| Total equity and liabilities | 10/49 | €304,523 | €303,725 | -€798 | -0.3% |
| Equity | 10/15 | -€262,580 | -€283,045 | -€20,465 | -7.8% |
| Contributions | 10/11 | €1,500,000 | €1,500,000 | = | 0.0% |
| Capital | 10 | - | €1,500,000 | +€1.5m | |
| Issued capital | 100 | - | €1,500,000 | +€1.5m | |
| Profit (loss) carried forward | 14 | -€1,762,580 | -€1,783,045 | -€20,465 | -1.2% |
| Amounts payable | 17/49 | €567,102 | €586,770 | +€19,668 | +3.5% |
| Amounts payable after more than one year | 17 | €299,760 | €571,209 | +€271,449 | +90.6% |
| Financial debts | 170/4 | €299,760 | €571,209 | +€271,449 | +90.6% |
| Amounts payable within one year | 42/48 | €267,342 | €15,561 | -€251,781 | -94.2% |
| Trade debts | 44 | €2,638 | €14,794 | +€12,156 | +461% |
| Suppliers | 440/4 | €2,638 | €14,794 | +€12,156 | +461% |
| Advances received on contracts in progress | 46 | €1,159 | - | -€1,159 | |
| Taxes, remuneration and social security | 45 | €1,845 | €767 | -€1,078 | -58.4% |
| Remuneration and social security | 454/9 | €1,845 | €767 | -€1,078 | -58.4% |
| Other amounts payable | 47/48 | €261,700 | - | -€261,700 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €8,644 | +€8,644 | |
| Remuneration, social security and pensions | 62 | - | €6,667 | +€6,667 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,283 | €6,651 | +€1,368 | +25.9% |
| Other operating charges | 640/8 | - | €579 | +€579 | |
| Gross operating margin | 9900 | -€2,611 | -€6,492 | -€3,881 | -149% |
| Operating profit (loss) | 9901 | -€7,895 | -€20,389 | -€12,494 | -158% |
| Financial income | 75/76B | €0 | €2 | +€2 | +448% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +448% |
| Non-recurring financial income | 76B | - | €2 | +€2 | |
| Financial charges | 65/66B | €33 | €79 | +€46 | +142% |
| Recurring financial charges | 65 | €33 | €79 | +€46 | +142% |
| Non-recurring financial charges | 66B | €33 | €79 | +€46 | +142% |
| Profit (loss) for the period before taxes | 9903 | -€7,927 | -€20,465 | -€12,539 | -158% |
| Profit (loss) for the period | 9904 | -€7,927 | -€20,465 | -€12,539 | -158% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,927 | -€20,465 | -€12,539 | -158% |
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 28 October 2026 via checked.be.