DISTRIVENT: 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.
DISTRIVENT
Largest movements
- Stocks and contracts +€544,231
up €544,231 (+1,088%), from €50,010 to €594,241
- Receivables within one year +€158,613
up €158,613 (+53.7%), from €295,275 to €453,888
of which Trade receivables: +€213,359
- Tangible fixed assets +€26,638
up €26,638 (+24.3%), from €109,739 to €136,377
of which Other tangible fixed assets: +€25,637
- Intangible fixed assets +€25,717
new in 2025: €25,717
- Cash -€15,186
down €15,186 (-39.3%), from €38,606 to €23,419
mainly Stocks and contracts (-€544,231) and Receivables within one year (-€158,613)
- Other debts +€388,947
up €388,947 (+348%), from €111,657 to €500,605
- Short-term financial debts +€300,000
new in 2025: €300,000
- Trade debts +€66,141
up €66,141 (+119%), from €55,589 to €121,730
- Debts after one year -€19,394
down €19,394 (-16.0%), from €121,048 to €101,654
- Financial income +€25,291
up €25,291 (+283%), from €8,926 to €34,216
- Financial charges +€7,885
up €7,885 (+74.9%), from €10,532 to €18,416
of which Financial charges: +€7,868
- Other operating charges +€5,312
up €5,312 (+146%), from €3,637 to €8,949
- Gross operating margin -€3,955
down €3,955 (-4.1%), from €96,850 to €92,894
- Depreciation +€3,713
up €3,713 (+19.8%), from €18,742 to €22,455
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 | €501,174 | €1,251,148 | +€749,975 | +150% |
| Fixed assets | 21/28 | €109,739 | €162,094 | +€52,355 | +47.7% |
| Intangible fixed assets | 21 | - | €25,717 | +€25,717 | |
| Tangible fixed assets | 22/27 | €109,739 | €136,377 | +€26,638 | +24.3% |
| Land and buildings | 22 | €99,069 | €81,325 | -€17,744 | -17.9% |
| Plant, machinery and equipment | 23 | - | €9,072 | +€9,072 | |
| Furniture and vehicles | 24 | - | €9,673 | +€9,673 | |
| Other tangible fixed assets | 26 | €10,670 | €36,307 | +€25,637 | +240% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €391,435 | €1,089,054 | +€697,620 | +178% |
| Stocks and contracts in progress | 3 | €50,010 | €594,241 | +€544,231 | +1,088% |
| Stocks | 30/36 | €50,010 | €594,241 | +€544,231 | +1,088% |
| Amounts receivable within one year | 40/41 | €295,275 | €453,888 | +€158,613 | +53.7% |
| Trade receivables | 40 | €54,195 | €267,554 | +€213,359 | +394% |
| Other amounts receivable | 41 | €241,080 | €186,334 | -€54,746 | -22.7% |
| Cash at bank and in hand | 54/58 | €38,606 | €23,419 | -€15,186 | -39.3% |
| Deferred charges and accrued income | 490/1 | €7,543 | €17,506 | +€9,963 | +132% |
| Total equity and liabilities | 10/49 | €501,174 | €1,251,148 | +€749,975 | +150% |
| Equity | 10/15 | €175,077 | €184,111 | +€9,034 | +5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €156,477 | €165,511 | +€9,034 | +5.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €154,617 | €163,651 | +€9,034 | +5.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €326,097 | €1,067,038 | +€740,941 | +227% |
| Amounts payable after more than one year | 17 | €121,048 | €101,654 | -€19,394 | -16.0% |
| Financial debts | 170/4 | €121,048 | €101,654 | -€19,394 | -16.0% |
| Amounts payable within one year | 42/48 | €199,000 | €955,947 | +€756,946 | +380% |
| Current portion of amounts payable after more than one year | 42 | €18,982 | €19,394 | +€412 | +2.2% |
| Financial debts | 43 | - | €300,000 | +€300,000 | |
| Credit institutions | 430/8 | - | €300,000 | +€300,000 | |
| Trade debts | 44 | €55,589 | €121,730 | +€66,141 | +119% |
| Suppliers | 440/4 | €55,589 | €121,730 | +€66,141 | +119% |
| Taxes, remuneration and social security | 45 | €12,772 | €14,218 | +€1,446 | +11.3% |
| Taxes | 450/3 | €2,728 | €4,071 | +€1,343 | +49.2% |
| Remuneration and social security | 454/9 | €10,044 | €10,146 | +€103 | +1.0% |
| Other amounts payable | 47/48 | €111,657 | €500,605 | +€388,947 | +348% |
| Accrued charges and deferred income | 492/3 | €6,048 | €9,437 | +€3,389 | +56.0% |
| Non-recurring operating income | 76A | €2,214 | €0 | -€2,214 | -100% |
| Remuneration, social security and pensions | 62 | €62,228 | €64,185 | +€1,957 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,742 | €22,455 | +€3,713 | +19.8% |
| Other operating charges | 640/8 | €3,637 | €8,949 | +€5,312 | +146% |
| Gross operating margin | 9900 | €96,850 | €92,894 | -€3,955 | -4.1% |
| Operating profit (loss) | 9901 | €12,243 | -€2,695 | -€14,937 | |
| Financial income | 75/76B | €8,926 | €34,216 | +€25,291 | +283% |
| Recurring financial income | 75 | €8,926 | €34,216 | +€25,291 | +283% |
| Financial charges | 65/66B | €10,532 | €18,416 | +€7,885 | +74.9% |
| Recurring financial charges | 65 | €10,532 | €18,399 | +€7,868 | +74.7% |
| Non-recurring financial charges | 66B | - | €17 | +€17 | |
| Profit (loss) for the period before taxes | 9903 | €10,637 | €13,105 | +€2,469 | +23.2% |
| Income taxes | 67/77 | €2,951 | €4,071 | +€1,120 | +38.0% |
| Profit (loss) for the period | 9904 | €7,686 | €9,034 | +€1,348 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,686 | €9,034 | +€1,348 | +17.5% |
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 17 October 2026 via checked.be.