TEA DISTRIBUTION: what changed
Two fiscal 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.
TEA DISTRIBUTION
Largest movements
- Receivables within one year +€256,254
up €256,254 (+176.5%), from €145,164 to €401,418
of which Other amounts receivable: +€236,388
- Tangible fixed assets -€166,193
down €166,193 (-19.6%), from €849,330 to €683,137
of which Other tangible fixed assets: -€148,701
- Cash +€149,821
up €149,821 (+13.1%), from €1.1m to €1.3m
mainly Net result for the year (+€397,774) and Depreciation (+€154,582)
- Financial fixed assets +€76,573
up €76,573 (+825.2%), from €9,279 to €85,852
- Stocks and contracts -€58,362
down €58,362 (-10.4%), from €561,015 to €502,653
- Reserves +€260,273
up €260,273 (+18.2%), from €1.4m to €1.7m
- Trade debts +€136,102
up €136,102 (+17.9%), from €760,007 to €896,109
- Debts after one year -€127,927
down €127,927 (-33.0%), from €387,776 to €259,849
- Gross operating margin +€129,652
up €129,652 (+4.8%), from €2.7m to €2.8m
- Staff costs +€122,664
up €122,664 (+6.5%), from €1.9m to €2.0m
- Taxes -€38,544
down €38,544 (-20.9%), from €184,444 to €145,900
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.
Cash bridge derived
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 | €3,072,117 | €3,324,526 | +€252,409 | +8.2% |
| Fixed assets | 21/28 | €872,959 | €776,164 | -€96,795 | -11.1% |
| Intangible fixed assets | 21 | €14,350 | €7,175 | -€7,175 | -50.0% |
| Tangible fixed assets | 22/27 | €849,330 | €683,137 | -€166,193 | -19.6% |
| Land and buildings | 22 | €139,075 | €123,623 | -€15,453 | -11.1% |
| Furniture and vehicles | 24 | €7,079 | €5,040 | -€2,039 | -28.8% |
| Other tangible fixed assets | 26 | €703,176 | €554,475 | -€148,701 | -21.1% |
| Financial fixed assets | 28 | €9,279 | €85,852 | +€76,573 | +825.2% |
| Current assets | 29/58 | €2,199,158 | €2,548,362 | +€349,204 | +15.9% |
| Amounts receivable after more than one year | 29 | €310,000 | €310,000 | = | 0.0% |
| Other amounts receivable | 291 | €310,000 | €310,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €561,015 | €502,653 | -€58,362 | -10.4% |
| Stocks | 30/36 | €561,015 | €502,653 | -€58,362 | -10.4% |
| Amounts receivable within one year | 40/41 | €145,164 | €401,418 | +€256,254 | +176.5% |
| Trade receivables | 40 | €86,355 | €106,221 | +€19,866 | +23.0% |
| Other amounts receivable | 41 | €58,809 | €295,197 | +€236,388 | +402.0% |
| Cash at bank and in hand | 54/58 | €1,140,451 | €1,290,272 | +€149,821 | +13.1% |
| Deferred charges and accrued income | 490/1 | €42,527 | €44,019 | +€1,492 | +3.5% |
| Total equity and liabilities | 10/49 | €3,072,117 | €3,324,526 | +€252,409 | +8.2% |
| Equity | 10/15 | €1,445,228 | €1,705,501 | +€260,273 | +18.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,426,678 | €1,686,951 | +€260,273 | +18.2% |
| Distributable reserves | 133 | €1,426,678 | €1,686,951 | +€260,273 | +18.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,626,889 | €1,619,025 | -€7,864 | -0.5% |
| Amounts payable after more than one year | 17 | €387,776 | €259,849 | -€127,927 | -33.0% |
| Financial debts | 170/4 | €387,776 | €259,849 | -€127,927 | -33.0% |
| Amounts payable within one year | 42/48 | €1,233,401 | €1,346,099 | +€112,698 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €152,978 | €127,927 | -€25,051 | -16.4% |
| Financial debts | 43 | €2,485 | €3,033 | +€548 | +22.0% |
| Credit institutions | 430/8 | €2,485 | €3,033 | +€548 | +22.0% |
| Trade debts | 44 | €760,007 | €896,109 | +€136,102 | +17.9% |
| Suppliers | 440/4 | €760,007 | €896,109 | +€136,102 | +17.9% |
| Taxes, remuneration and social security | 45 | €314,451 | €308,949 | -€5,502 | -1.7% |
| Taxes | 450/3 | €69,379 | €81,933 | +€12,555 | +18.1% |
| Remuneration and social security | 454/9 | €245,072 | €227,016 | -€18,056 | -7.4% |
| Other amounts payable | 47/48 | €3,480 | €10,081 | +€6,601 | +189.7% |
| Accrued charges and deferred income | 492/3 | €5,712 | €13,077 | +€7,364 | +128.9% |
| Remuneration, social security and pensions | 62 | €1,875,036 | €1,997,700 | +€122,664 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167,892 | €154,582 | -€13,310 | -7.9% |
| Other operating charges | 640/8 | €41,325 | €51,652 | +€10,327 | +25.0% |
| Non-recurring operating charges | 66A | - | €23,212 | +€23,212 | |
| Gross operating margin | 9900 | €2,691,178 | €2,820,830 | +€129,652 | +4.8% |
| Operating profit (loss) | 9901 | €606,925 | €593,683 | -€13,241 | -2.2% |
| Financial income | 75/76B | €3,430 | €4,136 | +€706 | +20.6% |
| Recurring financial income | 75 | €3,430 | €4,136 | +€706 | +20.6% |
| Financial charges | 65/66B | €65,502 | €54,145 | -€11,357 | -17.3% |
| Recurring financial charges | 65 | €65,502 | €54,145 | -€11,357 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €544,852 | €543,674 | -€1,178 | -0.2% |
| Income taxes | 67/77 | €184,444 | €145,900 | -€38,544 | -20.9% |
| Profit (loss) for the period | 9904 | €360,408 | €397,774 | +€37,366 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €360,408 | €397,774 | +€37,366 | +10.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.