I.C. Distri: 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.
I.C. Distri
Largest movements
- Receivables within one year +€42,526
up €42,526 (+93.0%), from €45,745 to €88,271
of which Trade receivables: +€33,238
- Deferred charges and accrued income -€11,604
down €11,604 (-64.2%), from €18,070 to €6,466
- Trade debts +€14,036
up €14,036 (+19.6%), from €71,487 to €85,523
- Reserves +€9,755
up €9,755 (+2.1%), from €456,639 to €466,395
of which Distributable reserves: +€9,755
- Staff costs +€2,334
up €2,334 (+2.4%), from €97,590 to €99,924
- Depreciation +€1,854
up €1,854 (+18.2%), from €10,204 to €12,058
- Other operating charges +€1,470
up €1,470 (+70.4%), from €2,086 to €3,556
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 | €569,655 | €599,592 | +€29,937 | +5.3% |
| Fixed assets | 21/28 | €174,124 | €171,538 | -€2,586 | -1.5% |
| Tangible fixed assets | 22/27 | €164,938 | €162,352 | -€2,586 | -1.6% |
| Land and buildings | 22 | €160,974 | €156,918 | -€4,056 | -2.5% |
| Plant, machinery and equipment | 23 | €1,572 | €3,319 | +€1,747 | +111% |
| Furniture and vehicles | 24 | €2,393 | €2,115 | -€277 | -11.6% |
| Financial fixed assets | 28 | €9,186 | €9,186 | = | 0.0% |
| Current assets | 29/58 | €395,531 | €428,054 | +€32,523 | +8.2% |
| Stocks and contracts in progress | 3 | €135,158 | €140,186 | +€5,028 | +3.7% |
| Stocks | 30/36 | €135,158 | €140,186 | +€5,028 | +3.7% |
| Amounts receivable within one year | 40/41 | €45,745 | €88,271 | +€42,526 | +93.0% |
| Trade receivables | 40 | €40,845 | €74,083 | +€33,238 | +81.4% |
| Other amounts receivable | 41 | €4,900 | €14,188 | +€9,288 | +190% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €146,558 | €143,130 | -€3,428 | -2.3% |
| Deferred charges and accrued income | 490/1 | €18,070 | €6,466 | -€11,604 | -64.2% |
| Total equity and liabilities | 10/49 | €569,655 | €599,592 | +€29,937 | +5.3% |
| Equity | 10/15 | €475,231 | €484,987 | +€9,755 | +2.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €456,639 | €466,395 | +€9,755 | +2.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €456,639 | €466,395 | +€9,755 | +2.1% |
| Amounts payable | 17/49 | €94,424 | €114,605 | +€20,181 | +21.4% |
| Amounts payable within one year | 42/48 | €94,424 | €114,605 | +€20,181 | +21.4% |
| Trade debts | 44 | €71,487 | €85,523 | +€14,036 | +19.6% |
| Suppliers | 440/4 | €71,487 | €85,523 | +€14,036 | +19.6% |
| Taxes, remuneration and social security | 45 | €18,866 | €24,228 | +€5,362 | +28.4% |
| Taxes | 450/3 | €4,806 | €12,510 | +€7,704 | +160% |
| Remuneration and social security | 454/9 | €14,060 | €11,718 | -€2,341 | -16.7% |
| Other amounts payable | 47/48 | €4,071 | €4,854 | +€783 | +19.2% |
| Remuneration, social security and pensions | 62 | €97,590 | €99,924 | +€2,334 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,204 | €12,058 | +€1,854 | +18.2% |
| Other operating charges | 640/8 | €2,086 | €3,556 | +€1,470 | +70.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €129,672 | €128,929 | -€743 | -0.6% |
| Operating profit (loss) | 9901 | €19,792 | €13,391 | -€6,401 | -32.3% |
| Financial income | 75/76B | €1,586 | €1,603 | +€16 | +1.0% |
| Recurring financial income | 75 | €1,586 | €1,603 | +€16 | +1.0% |
| Financial charges | 65/66B | €1,484 | €1,292 | -€192 | -13.0% |
| Recurring financial charges | 65 | €1,484 | €1,292 | -€192 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €19,895 | €13,702 | -€6,193 | -31.1% |
| Income taxes | 67/77 | €5,071 | €3,946 | -€1,124 | -22.2% |
| Profit (loss) for the period | 9904 | €14,824 | €9,755 | -€5,068 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,824 | €9,755 | -€5,068 | -34.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.