SUPPLIES DISTRIBUTORS: 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
SUPPLIES DISTRIBUTORS
NACE 47.120, Other non-specialised retail sale
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€881,921
2024 · €972,089-€90,168
Equity
€14.2m
2024 · €13.3m+€881,921
Cash
€4.7m
2024 · €4.1m+€615,137
Balance sheet total
€22.0m
2024 · €22.2m-€123,976
Largest movements
Assets
- Cash +€615,137
up €615,137 (+15.0%), from €4.1m to €4.7m
mainly Other debts (+€2.2m) and Net result for the year (+€881,921)
- Receivables within one year -€549,971
down €549,971 (-3.3%), from €16.6m to €16.1m
of which Trade receivables: -€1.4m
Equity and liabilities
- Other debts +€2.2m
up €2.2m (+551%), from €392,112 to €2.6m
- Trade debts -€2.1m
down €2.1m (-38.6%), from €5.3m to €3.3m
- Profit (loss) carried forward +€881,921
up €881,921 (+7.7%), from €11.4m to €12.3m
- Tax, wage and social debts -€612,749
down €612,749 (-23.9%), from €2.6m to €1.9m
of which Taxes: -€329,695
- Provisions -€454,024
down €454,024 (-95.5%), from €475,252 to €21,228
Income statement
- Turnover -€5.3m
down €5.3m (-16.3%), from €32.4m to €27.1m
- Goods and materials -€2.1m
down €2.1m (-13.0%), from €15.9m to €13.9m
of which Purchases: -€2.3m
- Services and other goods -€1.5m
down €1.5m (-20.3%), from €7.4m to €5.9m
- Provisions -€929,276
down €929,276, from €475,252 to -€454,024
- Staff costs -€528,735
down €528,735 (-7.3%), from €7.3m to €6.8m
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
€972,089
Turnover
-€5.3m
Other operating income
+€17,211
Goods and materials
+€2.1m
Services and other goods
+€1.5m
Staff costs
+€528,735
Depreciation
-€9,560
Write-downs
+€21,070
Provisions
+€929,276
Other operating charges
-€11,014
Other operating items
-€99,639
Financial income
-€87,118
Financial charges
-€112,618
Taxes
+€411,852
Result 2025
€881,921
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
+€765,966
Investment
-€150,829
Financing
€0
Cash 2024
€4.1m
From operations (derived)
+€765,966
Net result for the year
+€881,921
Depreciation
+€178,994
Stocks and contracts
+€173,332
Receivables within one year
+€549,971
Deferred charges and accrued income
-€12,355
Provisions
-€454,024
Trade debts
-€2.1m
Tax, wage and social debts
-€612,749
Other debts
+€2.2m
Accrued charges and deferred income
-€44,312
Investment (derived)
-€150,829
Investment in fixed assets (net)
-€150,829
Cash 2025
€4.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,150,129 | €22,026,153 | -€123,976 | -0.6% |
| Fixed assets | 21/28 | €631,744 | €603,579 | -€28,165 | -4.5% |
| Intangible fixed assets | 21 | €5,823 | - | -€5,823 | |
| Tangible fixed assets | 22/27 | €594,670 | €573,763 | -€20,907 | -3.5% |
| Plant, machinery and equipment | 23 | €86,303 | €142,234 | +€55,931 | +64.8% |
| Furniture and vehicles | 24 | €144,583 | €86,451 | -€58,132 | -40.2% |
| Other tangible fixed assets | 26 | €363,784 | €345,078 | -€18,706 | -5.1% |
| Financial fixed assets | 28 | €31,251 | €29,816 | -€1,435 | -4.6% |
| Affiliated companies | 280/1 | €25,000 | €25,000 | = | 0.0% |
| Participating interests | 280 | €25,000 | €25,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €6,251 | €4,816 | -€1,435 | -23.0% |
| Amounts receivable and cash guarantees | 285/8 | €6,251 | €4,816 | -€1,435 | -23.0% |
| Current assets | 29/58 | €21,518,385 | €21,422,574 | -€95,811 | -0.4% |
| Stocks and contracts in progress | 3 | €524,536 | €351,204 | -€173,332 | -33.0% |
| Stocks | 30/36 | €452,373 | €325,254 | -€127,119 | -28.1% |
| Raw materials and consumables | 30/31 | €71,447 | €24,825 | -€46,622 | -65.3% |
| Goods purchased for resale | 34 | €380,926 | €300,429 | -€80,497 | -21.1% |
| Contracts in progress | 37 | €72,163 | €25,950 | -€46,213 | -64.0% |
| Amounts receivable within one year | 40/41 | €16,613,627 | €16,063,656 | -€549,971 | -3.3% |
| Trade receivables | 40 | €5,698,750 | €4,250,494 | -€1.4m | -25.4% |
| Other amounts receivable | 41 | €10,914,877 | €11,813,162 | +€898,285 | +8.2% |
| Cash at bank and in hand | 54/58 | €4,103,591 | €4,718,728 | +€615,137 | +15.0% |
| Deferred charges and accrued income | 490/1 | €276,631 | €288,986 | +€12,355 | +4.5% |
| Total equity and liabilities | 10/49 | €22,150,129 | €22,026,153 | -€123,976 | -0.6% |
| Equity | 10/15 | €13,280,503 | €14,162,424 | +€881,921 | +6.6% |
| Contributions | 10/11 | €1,709,738 | €1,709,738 | = | 0.0% |
| Capital | 10 | €1,709,738 | €1,709,738 | = | 0.0% |
| Issued capital | 100 | €1,709,738 | €1,709,738 | = | 0.0% |
| Reserves | 13 | €170,974 | €170,974 | = | 0.0% |
| Non-distributable reserves | 130/1 | €170,974 | €170,974 | = | 0.0% |
| Legal reserve | 130 | €170,974 | €170,974 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,399,791 | €12,281,712 | +€881,921 | +7.7% |
| Provisions and deferred taxes | 16 | €475,252 | €21,228 | -€454,024 | -95.5% |
| Provisions for liabilities and charges | 160/5 | €475,252 | €21,228 | -€454,024 | -95.5% |
| Other liabilities and charges | 164/5 | €475,252 | €21,228 | -€454,024 | -95.5% |
| Amounts payable | 17/49 | €8,394,374 | €7,842,501 | -€551,873 | -6.6% |
| Amounts payable within one year | 42/48 | €8,280,513 | €7,772,952 | -€507,561 | -6.1% |
| Trade debts | 44 | €5,327,601 | €3,273,186 | -€2.1m | -38.6% |
| Suppliers | 440/4 | €5,327,601 | €3,273,186 | -€2.1m | -38.6% |
| Taxes, remuneration and social security | 45 | €2,560,800 | €1,948,051 | -€612,749 | -23.9% |
| Taxes | 450/3 | €1,284,136 | €954,441 | -€329,695 | -25.7% |
| Remuneration and social security | 454/9 | €1,276,664 | €993,610 | -€283,054 | -22.2% |
| Other amounts payable | 47/48 | €392,112 | €2,551,715 | +€2.2m | +551% |
| Accrued charges and deferred income | 492/3 | €113,861 | €69,549 | -€44,312 | -38.9% |
| Operating income | 70/76A | €32,516,648 | €27,170,565 | -€5.3m | -16.4% |
| Turnover | 70 | €32,361,004 | €27,097,349 | -€5.3m | -16.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €48,154 | -€46,213 | -€94,367 | |
| Own construction capitalised | 72 | €5,272 | - | -€5,272 | |
| Other operating income | 74 | €102,218 | €119,429 | +€17,211 | +16.8% |
| Operating charges | 60/66A | €31,305,844 | €26,262,045 | -€5.0m | -16.1% |
| Goods for resale, raw materials and consumables | 60 | €15,929,834 | €13,855,974 | -€2.1m | -13.0% |
| Purchases | 600/8 | €15,988,894 | €13,728,855 | -€2.3m | -14.1% |
| Change in stocks: decrease (increase) | 609 | -€59,060 | €127,119 | +€186,179 | |
| Services and other goods | 61 | €7,440,822 | €5,929,390 | -€1.5m | -20.3% |
| Remuneration, social security and pensions | 62 | €7,279,861 | €6,751,126 | -€528,735 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169,434 | €178,994 | +€9,560 | +5.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €455 | -€20,615 | -€21,070 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €475,252 | -€454,024 | -€929,276 | |
| Other operating charges | 640/8 | €10,186 | €21,200 | +€11,014 | +108% |
| Operating profit (loss) | 9901 | €1,210,804 | €908,520 | -€302,284 | -25.0% |
| Financial income | 75/76B | €485,317 | €398,199 | -€87,118 | -18.0% |
| Recurring financial income | 75 | €485,317 | €398,199 | -€87,118 | -18.0% |
| Income from current assets | 751 | €472,550 | €398,199 | -€74,351 | -15.7% |
| Other financial income | 752/9 | €12,767 | - | -€12,767 | |
| Financial charges | 65/66B | €99,045 | €211,663 | +€112,618 | +114% |
| Recurring financial charges | 65 | €99,045 | €211,663 | +€112,618 | +114% |
| Debt charges | 650 | - | €68 | +€68 | |
| Other financial charges | 652/9 | €99,045 | €211,595 | +€112,550 | +114% |
| Profit (loss) for the period before taxes | 9903 | €1,597,076 | €1,095,056 | -€502,020 | -31.4% |
| Income taxes | 67/77 | €624,987 | €213,135 | -€411,852 | -65.9% |
| Taxes | 670/3 | €633,901 | €230,837 | -€403,064 | -63.6% |
| Tax adjustments and reversals of tax provisions | 77 | €8,914 | €17,702 | +€8,788 | +98.6% |
| Profit (loss) for the period | 9904 | €972,089 | €881,921 | -€90,168 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €972,089 | €881,921 | -€90,168 | -9.3% |
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 25 October 2026 via checked.be.