France DISTRIBUTION: 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.
France DISTRIBUTION
Largest movements
- Cash -€2.0m
down €2.0m (-94.6%), from €2.1m to €112,643
mainly Trade debts (-€3.5m) and Net result for the year (-€252,942)
- Stocks and contracts -€519,900
no longer reported in 2024 (was €519,900)
- Receivables within one year -€77,897
down €77,897 (-38.9%), from €200,230 to €122,333
of which Other amounts receivable: -€65,688
- Trade debts -€3.5m
down €3.5m (-99.9%), from €3.5m to €2,908
- Other debts +€1.3m
up €1.3m (+296%), from €424,702 to €1.7m
- Profit (loss) carried forward -€252,942
down €252,942 (-20.1%), from -€1.3m to -€1.5m
- Tax, wage and social debts -€54,940
down €54,940 (-95.3%), from €57,668 to €2,728
- Gross operating margin -€608,178
down €608,178, from €479,995 to -€128,184
- Staff costs -€322,376
down €322,376 (-67.3%), from €479,013 to €156,637
- Financial income +€62,566
up €62,566 (+4,943%), from €1,266 to €63,832
of which Non-recurring financial income: +€61,383
- Depreciation -€8,901
no longer reported in 2024 (was €8,901)
- Other operating charges +€8,434
up €8,434 (+381%), from €2,215 to €10,648
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,802,771 | €235,780 | -€2.6m | -91.6% |
| Fixed assets | 21/28 | €9,421 | €803 | -€8,617 | -91.5% |
| Tangible fixed assets | 22/27 | €8,617 | - | -€8,617 | |
| Plant, machinery and equipment | 23 | €8,617 | - | -€8,617 | |
| Financial fixed assets | 28 | €803 | €803 | = | 0.0% |
| Current assets | 29/58 | €2,793,351 | €234,976 | -€2.6m | -91.6% |
| Stocks and contracts in progress | 3 | €519,900 | - | -€519,900 | |
| Stocks | 30/36 | €519,900 | - | -€519,900 | |
| Amounts receivable within one year | 40/41 | €200,230 | €122,333 | -€77,897 | -38.9% |
| Trade receivables | 40 | €82,209 | €70,000 | -€12,209 | -14.9% |
| Other amounts receivable | 41 | €118,021 | €52,333 | -€65,688 | -55.7% |
| Cash at bank and in hand | 54/58 | €2,073,220 | €112,643 | -€2.0m | -94.6% |
| Total equity and liabilities | 10/49 | €2,802,771 | €235,780 | -€2.6m | -91.6% |
| Equity | 10/15 | -€1,198,896 | -€1,451,838 | -€252,942 | -21.1% |
| Contributions | 10/11 | €62,400 | €62,400 | = | 0.0% |
| Capital | 10 | €62,400 | €62,400 | = | 0.0% |
| Issued capital | 100 | €62,400 | €62,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,261,296 | -€1,514,238 | -€252,942 | -20.1% |
| Amounts payable | 17/49 | €4,001,667 | €1,687,617 | -€2.3m | -57.8% |
| Amounts payable within one year | 42/48 | €4,001,667 | €1,687,617 | -€2.3m | -57.8% |
| Trade debts | 44 | €3,519,298 | €2,908 | -€3.5m | -99.9% |
| Suppliers | 440/4 | €3,519,298 | €2,908 | -€3.5m | -99.9% |
| Taxes, remuneration and social security | 45 | €57,668 | €2,728 | -€54,940 | -95.3% |
| Remuneration and social security | 454/9 | €57,668 | €2,728 | -€54,940 | -95.3% |
| Other amounts payable | 47/48 | €424,702 | €1,681,982 | +€1.3m | +296% |
| Remuneration, social security and pensions | 62 | €479,013 | €156,637 | -€322,376 | -67.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,901 | - | -€8,901 | |
| Other operating charges | 640/8 | €2,215 | €10,648 | +€8,434 | +381% |
| Non-recurring operating charges | 66A | €5,240 | €20,839 | +€15,599 | +298% |
| Gross operating margin | 9900 | €479,995 | -€128,184 | -€608,178 | |
| Operating profit (loss) | 9901 | -€15,374 | -€316,308 | -€300,933 | -1,957% |
| Financial income | 75/76B | €1,266 | €63,832 | +€62,566 | +4,943% |
| Recurring financial income | 75 | €1,266 | €2,449 | +€1,184 | +93.5% |
| Non-recurring financial income | 76B | - | €61,383 | +€61,383 | |
| Financial charges | 65/66B | €5,353 | €466 | -€4,887 | -91.3% |
| Recurring financial charges | 65 | €5,353 | €466 | -€4,887 | -91.3% |
| Profit (loss) for the period before taxes | 9903 | -€19,461 | -€252,942 | -€233,481 | -1,200% |
| Profit (loss) for the period | 9904 | -€19,461 | -€252,942 | -€233,481 | -1,200% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,461 | -€252,942 | -€233,481 | -1,200% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.