JOSKIN DistriTECH: 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.
What changed
JOSKIN DistriTECH
NACE 46.610, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€17,582
2024 · €91,309-€73,727
Equity
€2.7m
2024 · €2.7m+€17,582
Cash
€95,050
2024 · €43,861+€51,190
Balance sheet total
€7.4m
2024 · €7.8m-€479,317
Largest movements
Assets
- Receivables within one year -€355,362
down €355,362 (-22.3%), from €1.6m to €1.2m
of which Trade receivables: -€373,362
- Stocks and contracts -€172,764
down €172,764 (-2.8%), from €6.1m to €6.0m
Equity and liabilities
- Short-term financial debts -€654,569
down €654,569 (-20.5%), from €3.2m to €2.5m
- Trade debts +€205,605
up €205,605 (+11.8%), from €1.7m to €1.9m
Income statement
- Turnover -€317,047
down €317,047 (-4.1%), from €7.7m to €7.4m
- Goods and materials -€218,150
down €218,150 (-3.4%), from €6.4m to €6.2m
of which Purchases: -€1.1m
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.
Result 2024
€91,309
Turnover
-€317,047
Other operating income
+€701
Goods and materials
+€218,150
Services and other goods
+€76,834
Staff costs
-€7,154
Depreciation
-€602
Write-downs
-€73,108
Other operating charges
+€828
Other operating items
-€1,844
Financial income
-€19,766
Financial charges
+€29,545
Taxes
+€19,735
Result 2025
€17,582
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€702,079
Investment
-€1,270
Financing
-€649,620
Cash 2024
€43,861
From operations (derived)
+€702,079
Net result for the year
+€17,582
Depreciation
+€7,694
Stocks and contracts
+€172,764
Receivables within one year
+€355,362
Deferred charges and accrued income
-€4,044
Trade debts
+€205,605
Tax, wage and social debts
-€11,393
Advances received
-€35,853
Other debts
+€106
Accrued charges and deferred income
-€5,743
Investment (derived)
-€1,270
Investment in fixed assets (net)
-€1,270
Financing
-€649,620
Current portion of long-term debt
+€4,949
Short-term financial debts
-€654,569
Cash 2025
€95,050
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,838,703 | €7,359,387 | -€479,317 | -6.1% |
| Fixed assets | 21/28 | €11,087 | €4,663 | -€6,424 | -57.9% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €11,087 | €4,663 | -€6,424 | -57.9% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €397 | €4,663 | +€4,266 | +1,075% |
| Leasing and similar rights | 25 | €10,690 | €0 | -€10,690 | -100% |
| Current assets | 29/58 | €7,827,616 | €7,354,724 | -€472,892 | -6.0% |
| Stocks and contracts in progress | 3 | €6,126,107 | €5,953,343 | -€172,764 | -2.8% |
| Stocks | 30/36 | €6,126,107 | €5,953,343 | -€172,764 | -2.8% |
| Raw materials and consumables | 30/31 | €371,048 | €352,578 | -€18,469 | -5.0% |
| Goods purchased for resale | 34 | €5,755,059 | €5,600,764 | -€154,295 | -2.7% |
| Amounts receivable within one year | 40/41 | €1,591,975 | €1,236,613 | -€355,362 | -22.3% |
| Trade receivables | 40 | €1,586,975 | €1,213,613 | -€373,362 | -23.5% |
| Other amounts receivable | 41 | €5,000 | €23,000 | +€18,000 | +360% |
| Cash at bank and in hand | 54/58 | €43,861 | €95,050 | +€51,190 | +117% |
| Deferred charges and accrued income | 490/1 | €65,673 | €69,718 | +€4,044 | +6.2% |
| Total equity and liabilities | 10/49 | €7,838,703 | €7,359,387 | -€479,317 | -6.1% |
| Equity | 10/15 | €2,676,062 | €2,693,645 | +€17,582 | +0.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €2,614,562 | €2,632,145 | +€17,582 | +0.7% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,536 | €4,536 | = | 0.0% |
| Distributable reserves | 133 | €2,603,876 | €2,621,458 | +€17,582 | +0.7% |
| Amounts payable | 17/49 | €5,162,641 | €4,665,742 | -€496,899 | -9.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Leasing and similar obligations | 172 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €5,125,419 | €4,634,264 | -€491,156 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €28,359 | €33,308 | +€4,949 | +17.5% |
| Financial debts | 43 | €3,200,000 | €2,545,431 | -€654,569 | -20.5% |
| Credit institutions | 430/8 | €3,200,000 | €2,545,431 | -€654,569 | -20.5% |
| Trade debts | 44 | €1,735,585 | €1,941,190 | +€205,605 | +11.8% |
| Suppliers | 440/4 | €1,735,585 | €1,941,190 | +€205,605 | +11.8% |
| Advances received on contracts in progress | 46 | €77,017 | €41,164 | -€35,853 | -46.6% |
| Taxes, remuneration and social security | 45 | €84,459 | €73,066 | -€11,393 | -13.5% |
| Taxes | 450/3 | €45,722 | €31,667 | -€14,056 | -30.7% |
| Remuneration and social security | 454/9 | €38,737 | €41,399 | +€2,662 | +6.9% |
| Other amounts payable | 47/48 | - | €106 | +€106 | |
| Accrued charges and deferred income | 492/3 | €37,222 | €31,478 | -€5,743 | -15.4% |
| Operating income | 70/76A | €7,835,626 | €7,517,437 | -€318,189 | -4.1% |
| Turnover | 70 | €7,730,162 | €7,413,116 | -€317,047 | -4.1% |
| Other operating income | 74 | €103,369 | €104,071 | +€701 | +0.7% |
| Non-recurring operating income | 76A | €2,094 | €250 | -€1,844 | -88.1% |
| Operating charges | 60/66A | €7,635,537 | €7,420,589 | -€214,948 | -2.8% |
| Goods for resale, raw materials and consumables | 60 | €6,429,695 | €6,211,544 | -€218,150 | -3.4% |
| Purchases | 600/8 | €7,178,480 | €6,102,912 | -€1.1m | -15.0% |
| Change in stocks: decrease (increase) | 609 | -€748,786 | €108,632 | +€857,418 | |
| Services and other goods | 61 | €999,763 | €922,929 | -€76,834 | -7.7% |
| Remuneration, social security and pensions | 62 | €204,973 | €212,127 | +€7,154 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,092 | €7,694 | +€602 | +8.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€8,976 | €64,132 | +€73,108 | |
| Other operating charges | 640/8 | €2,991 | €2,162 | -€828 | -27.7% |
| Operating profit (loss) | 9901 | €200,089 | €96,847 | -€103,241 | -51.6% |
| Financial income | 75/76B | €123,314 | €103,548 | -€19,766 | -16.0% |
| Recurring financial income | 75 | €123,314 | €103,548 | -€19,766 | -16.0% |
| Income from current assets | 751 | - | €2,664 | +€2,664 | |
| Other financial income | 752/9 | €123,314 | €100,884 | -€22,430 | -18.2% |
| Financial charges | 65/66B | €195,448 | €165,903 | -€29,545 | -15.1% |
| Recurring financial charges | 65 | €195,448 | €165,903 | -€29,545 | -15.1% |
| Debt charges | 650 | €153,210 | €121,543 | -€31,667 | -20.7% |
| Other financial charges | 652/9 | €42,238 | €44,359 | +€2,122 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €127,955 | €34,492 | -€93,462 | -73.0% |
| Income taxes | 67/77 | €36,645 | €16,910 | -€19,735 | -53.9% |
| Taxes | 670/3 | €40,000 | €17,000 | -€23,000 | -57.5% |
| Tax adjustments and reversals of tax provisions | 77 | €3,355 | €90 | -€3,265 | -97.3% |
| Profit (loss) for the period | 9904 | €91,309 | €17,582 | -€73,727 | -80.7% |
| Profit (loss) for the period to be appropriated | 9905 | €91,309 | €17,582 | -€73,727 | -80.7% |
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 30 October 2026 via checked.be.