NBD 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.
NBD Distribution
Largest movements
- Cash -€323
down €323 (-98.8%), from €327 to €4
mainly Trade debts (-€5,762) and Other debts (-€2,111)
- Profit (loss) carried forward +€7,566
up €7,566 (+11.9%), from -€63,843 to -€56,277
- Trade debts -€5,762
no longer reported in 2025 (was €5,762)
- Other debts -€2,111
down €2,111 (-5.1%), from €41,583 to €39,473
- Write-downs -€40,857
no longer reported in 2025 (was €40,857)
- Gross operating margin -€7,006
down €7,006 (-48.1%), from €14,572 to €7,566
- Financial charges -€2,494
no longer reported in 2025 (was €2,494)
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 | €16,502 | €16,195 | -€307 | -1.9% |
| Current assets | 29/58 | €16,502 | €16,195 | -€307 | -1.9% |
| Amounts receivable within one year | 40/41 | €176 | €191 | +€16 | +9.0% |
| Other amounts receivable | 41 | €176 | €191 | +€16 | +9.0% |
| Current investments | 50/53 | €16,000 | €16,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €327 | €4 | -€323 | -98.8% |
| Total equity and liabilities | 10/49 | €16,502 | €16,195 | -€307 | -1.9% |
| Equity | 10/15 | -€30,843 | -€23,277 | +€7,566 | +24.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,843 | -€56,277 | +€7,566 | +11.9% |
| Amounts payable | 17/49 | €47,345 | €39,473 | -€7,873 | -16.6% |
| Amounts payable within one year | 42/48 | €47,345 | €39,473 | -€7,873 | -16.6% |
| Trade debts | 44 | €5,762 | - | -€5,762 | |
| Suppliers | 440/4 | €5,762 | - | -€5,762 | |
| Other amounts payable | 47/48 | €41,583 | €39,473 | -€2,111 | -5.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €40,857 | - | -€40,857 | |
| Non-recurring operating charges | 66A | €6,071 | - | -€6,071 | |
| Gross operating margin | 9900 | €14,572 | €7,566 | -€7,006 | -48.1% |
| Operating profit (loss) | 9901 | -€32,356 | €7,566 | +€39,922 | |
| Financial charges | 65/66B | €2,494 | - | -€2,494 | |
| Recurring financial charges | 65 | €2,494 | - | -€2,494 | |
| Profit (loss) for the period before taxes | 9903 | -€34,849 | €7,566 | +€42,415 | |
| Profit (loss) for the period | 9904 | -€34,849 | €7,566 | +€42,415 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,849 | €7,566 | +€42,415 |
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 17 October 2026 via checked.be.