DISTRIWOOD SOLUTION: 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.
DISTRIWOOD SOLUTION
Largest movements
- Receivables within one year +€72,392
up €72,392 (+59.5%), from €121,753 to €194,145
of which Trade receivables: +€69,619
- Tangible fixed assets -€45,525
down €45,525 (-38.2%), from €119,319 to €73,794
of which Furniture and vehicles: -€33,237
- Stocks and contracts -€45,340
down €45,340 (-49.2%), from €92,234 to €46,895
- Current portion of long-term debt -€27,132
down €27,132 (-74.1%), from €36,624 to €9,492
- Profit (loss) carried forward +€16,249
up €16,249 (+38.3%), from €42,401 to €58,650
- Trade debts +€14,223
up €14,223 (+11.4%), from €124,896 to €139,119
- Other debts -€10,811
down €10,811 (-10.2%), from €106,505 to €95,694
- Debts after one year -€9,492
no longer reported in 2025 (was €9,492)
- Gross operating margin +€16,476
up €16,476 (+15.4%), from €106,827 to €123,302
- Staff costs +€6,475
up €6,475 (+16.7%), from €38,843 to €45,318
- Financial charges -€1,916
down €1,916 (-27.9%), from €6,869 to €4,953
- Depreciation +€1,745
up €1,745 (+3.2%), from €54,182 to €55,928
- Taxes -€1,471
no longer reported in 2025 (was €1,471)
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 | €335,985 | €317,389 | -€18,596 | -5.5% |
| Fixed assets | 21/28 | €119,319 | €73,794 | -€45,525 | -38.2% |
| Tangible fixed assets | 22/27 | €119,319 | €73,794 | -€45,525 | -38.2% |
| Plant, machinery and equipment | 23 | €58,129 | €45,841 | -€12,288 | -21.1% |
| Furniture and vehicles | 24 | €61,189 | €27,953 | -€33,237 | -54.3% |
| Current assets | 29/58 | €216,666 | €243,595 | +€26,929 | +12.4% |
| Stocks and contracts in progress | 3 | €92,234 | €46,895 | -€45,340 | -49.2% |
| Stocks | 30/36 | €92,234 | €46,895 | -€45,340 | -49.2% |
| Amounts receivable within one year | 40/41 | €121,753 | €194,145 | +€72,392 | +59.5% |
| Trade receivables | 40 | €4,488 | €74,107 | +€69,619 | +1,551% |
| Other amounts receivable | 41 | €117,265 | €120,038 | +€2,774 | +2.4% |
| Cash at bank and in hand | 54/58 | €2,680 | €1,968 | -€711 | -26.6% |
| Deferred charges and accrued income | 490/1 | - | €587 | +€587 | |
| Total equity and liabilities | 10/49 | €335,985 | €317,389 | -€18,596 | -5.5% |
| Equity | 10/15 | €52,401 | €68,650 | +€16,249 | +31.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,401 | €58,650 | +€16,249 | +38.3% |
| Amounts payable | 17/49 | €283,584 | €248,738 | -€34,845 | -12.3% |
| Amounts payable after more than one year | 17 | €9,492 | - | -€9,492 | |
| Financial debts | 170/4 | €9,492 | - | -€9,492 | |
| Amounts payable within one year | 42/48 | €274,092 | €248,738 | -€25,353 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €36,624 | €9,492 | -€27,132 | -74.1% |
| Trade debts | 44 | €124,896 | €139,119 | +€14,223 | +11.4% |
| Suppliers | 440/4 | €124,896 | €139,119 | +€14,223 | +11.4% |
| Taxes, remuneration and social security | 45 | €6,066 | €4,433 | -€1,633 | -26.9% |
| Taxes | 450/3 | €1,471 | - | -€1,471 | |
| Remuneration and social security | 454/9 | €4,595 | €4,433 | -€162 | -3.5% |
| Other amounts payable | 47/48 | €106,505 | €95,694 | -€10,811 | -10.2% |
| Non-recurring operating income | 76A | - | €403 | +€403 | |
| Remuneration, social security and pensions | 62 | €38,843 | €45,318 | +€6,475 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,182 | €55,928 | +€1,745 | +3.2% |
| Other operating charges | 640/8 | €652 | €854 | +€202 | +31.0% |
| Gross operating margin | 9900 | €106,827 | €123,302 | +€16,476 | +15.4% |
| Operating profit (loss) | 9901 | €13,150 | €21,202 | +€8,053 | +61.2% |
| Financial charges | 65/66B | €6,869 | €4,953 | -€1,916 | -27.9% |
| Recurring financial charges | 65 | €6,869 | €4,953 | -€1,916 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €6,280 | €16,249 | +€9,969 | +159% |
| Income taxes | 67/77 | €1,471 | - | -€1,471 | |
| Profit (loss) for the period | 9904 | €4,810 | €16,249 | +€11,439 | +238% |
| Profit (loss) for the period to be appropriated | 9905 | €4,810 | €16,249 | +€11,439 | +238% |
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 13 October 2026 via checked.be.