EURODISTRIBUTION: 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.
EURODISTRIBUTION
Largest movements
- Cash -€817,755
down €817,755 (-94.9%), from €861,554 to €43,799
mainly Advances received (-€856,055) and Contributions, distributions and other (-€81,284)
- Receivables within one year -€29,132
down €29,132 (-32.1%), from €90,845 to €61,713
of which Trade receivables: -€22,692
- Advances received -€856,055
down €856,055 (-100%), from €856,055 to €0
- Other debts +€49,572
up €49,572 (+156%), from €31,712 to €81,284
- Trade debts -€27,071
down €27,071 (-99.7%), from €27,158 to €87
- Tax, wage and social debts -€14,949
down €14,949 (-87.6%), from €17,064 to €2,115
- Gross operating margin +€17,216
up €17,216 (+19.1%), from €90,029 to €107,245
- Taxes +€3,733
up €3,733 (+16.0%), from €23,362 to €27,095
- Financial income -€2,090
down €2,090 (-47.7%), from €4,380 to €2,290
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 | €954,311 | €106,917 | -€847,395 | -88.8% |
| Fixed assets | 21/28 | €1,464 | €931 | -€533 | -36.4% |
| Tangible fixed assets | 22/27 | €1,464 | €931 | -€533 | -36.4% |
| Furniture and vehicles | 24 | €1,464 | €931 | -€533 | -36.4% |
| Current assets | 29/58 | €952,848 | €105,986 | -€846,862 | -88.9% |
| Amounts receivable within one year | 40/41 | €90,845 | €61,713 | -€29,132 | -32.1% |
| Trade receivables | 40 | €70,845 | €48,153 | -€22,692 | -32.0% |
| Other amounts receivable | 41 | €20,000 | €13,560 | -€6,440 | -32.2% |
| Cash at bank and in hand | 54/58 | €861,554 | €43,799 | -€817,755 | -94.9% |
| Deferred charges and accrued income | 490/1 | €449 | €474 | +€26 | +5.7% |
| Total equity and liabilities | 10/49 | €954,311 | €106,917 | -€847,395 | -88.8% |
| Equity | 10/15 | €20,405 | €20,405 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Amounts payable | 17/49 | €933,906 | €86,512 | -€847,395 | -90.7% |
| Amounts payable within one year | 42/48 | €933,905 | €86,512 | -€847,394 | -90.7% |
| Current portion of amounts payable after more than one year | 42 | €1,916 | €3,026 | +€1,110 | +57.9% |
| Trade debts | 44 | €27,158 | €87 | -€27,071 | -99.7% |
| Suppliers | 440/4 | €27,158 | €87 | -€27,071 | -99.7% |
| Advances received on contracts in progress | 46 | €856,055 | €0 | -€856,055 | -100% |
| Taxes, remuneration and social security | 45 | €17,064 | €2,115 | -€14,949 | -87.6% |
| Taxes | 450/3 | €17,064 | €2,115 | -€14,949 | -87.6% |
| Other amounts payable | 47/48 | €31,712 | €81,284 | +€49,572 | +156% |
| Accrued charges and deferred income | 492/3 | €1 | - | -€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135 | €533 | +€398 | +294% |
| Other operating charges | 640/8 | - | €46 | +€46 | |
| Gross operating margin | 9900 | €90,029 | €107,245 | +€17,216 | +19.1% |
| Operating profit (loss) | 9901 | €89,893 | €106,666 | +€16,773 | +18.7% |
| Financial income | 75/76B | €4,380 | €2,290 | -€2,090 | -47.7% |
| Recurring financial income | 75 | €4,380 | €2,290 | -€2,090 | -47.7% |
| Financial charges | 65/66B | €826 | €577 | -€249 | -30.1% |
| Recurring financial charges | 65 | €826 | €577 | -€249 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €93,447 | €108,379 | +€14,932 | +16.0% |
| Income taxes | 67/77 | €23,362 | €27,095 | +€3,733 | +16.0% |
| Profit (loss) for the period | 9904 | €70,085 | €81,284 | +€11,199 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €70,085 | €81,284 | +€11,199 | +16.0% |
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 20 October 2026 via checked.be.