DISTRIBODE: 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.
DISTRIBODE
Largest movements
- Receivables within one year +€23,237
up €23,237 (+22.2%), from €104,438 to €127,675
of which Trade receivables: +€26,815
- Stocks and contracts +€15,788
up €15,788 (+19.6%), from €80,410 to €96,198
- Cash -€12,933
down €12,933 (-22.1%), from €58,392 to €45,458
mainly Advances received (-€32,141) and Investment in fixed assets (net) (-€27,317)
- Debts after one year +€32,913
new in 2025: €32,913
- Advances received -€32,141
no longer reported in 2025 (was €32,141)
- Reserves +€25,358
up €25,358 (+13.5%), from €188,150 to €213,508
- Tax, wage and social debts -€6,649
down €6,649 (-36.8%), from €18,092 to €11,443
of which Remuneration and social security: -€16,644
- Current portion of long-term debt +€6,280
up €6,280 (+196%), from €3,206 to €9,485
- Purchases and services -€366,246
no longer reported in 2025 (was €366,246)
- Staff costs -€125,145
down €125,145 (-75.9%), from €164,797 to €39,651
- Gross operating margin -€80,215
down €80,215 (-35.3%), from €227,149 to €146,935
- Other operating charges +€26,972
up €26,972 (+782%), from €3,450 to €30,423
- Taxes +€25,082
new in 2025: €25,082
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 | €302,129 | €333,464 | +€31,334 | +10.4% |
| Fixed assets | 21/28 | €58,717 | €62,018 | +€3,300 | +5.6% |
| Tangible fixed assets | 22/27 | €54,087 | €57,388 | +€3,300 | +6.1% |
| Plant, machinery and equipment | 23 | €37,966 | €34,556 | -€3,411 | -9.0% |
| Furniture and vehicles | 24 | €16,121 | €22,832 | +€6,711 | +41.6% |
| Financial fixed assets | 28 | €4,630 | €4,630 | = | 0.0% |
| Current assets | 29/58 | €243,412 | €271,446 | +€28,034 | +11.5% |
| Stocks and contracts in progress | 3 | €80,410 | €96,198 | +€15,788 | +19.6% |
| Stocks | 30/36 | €80,410 | €96,198 | +€15,788 | +19.6% |
| Amounts receivable within one year | 40/41 | €104,438 | €127,675 | +€23,237 | +22.2% |
| Trade receivables | 40 | €100,859 | €127,675 | +€26,815 | +26.6% |
| Other amounts receivable | 41 | €3,578 | - | -€3,578 | |
| Cash at bank and in hand | 54/58 | €58,392 | €45,458 | -€12,933 | -22.1% |
| Deferred charges and accrued income | 490/1 | €174 | €2,115 | +€1,942 | +1,119% |
| Total equity and liabilities | 10/49 | €302,129 | €333,464 | +€31,334 | +10.4% |
| Equity | 10/15 | €206,750 | €232,108 | +€25,358 | +12.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €188,150 | €213,508 | +€25,358 | +13.5% |
| Distributable reserves | 133 | €188,150 | €213,508 | +€25,358 | +13.5% |
| Amounts payable | 17/49 | €95,379 | €101,355 | +€5,976 | +6.3% |
| Amounts payable after more than one year | 17 | - | €32,913 | +€32,913 | |
| Financial debts | 170/4 | - | €32,913 | +€32,913 | |
| Amounts payable within one year | 42/48 | €95,379 | €68,442 | -€26,937 | -28.2% |
| Current portion of amounts payable after more than one year | 42 | €3,206 | €9,485 | +€6,280 | +196% |
| Trade debts | 44 | €41,941 | €42,458 | +€517 | +1.2% |
| Suppliers | 440/4 | €41,941 | €42,458 | +€517 | +1.2% |
| Advances received on contracts in progress | 46 | €32,141 | - | -€32,141 | |
| Taxes, remuneration and social security | 45 | €18,092 | €11,443 | -€6,649 | -36.8% |
| Taxes | 450/3 | €1,449 | €11,443 | +€9,994 | +690% |
| Remuneration and social security | 454/9 | €16,644 | - | -€16,644 | |
| Other amounts payable | 47/48 | - | €5,056 | +€5,056 | |
| Goods, raw materials, services and sundry goods | 60/61 | €366,246 | - | -€366,246 | |
| Remuneration, social security and pensions | 62 | €164,797 | €39,651 | -€125,145 | -75.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,296 | €24,017 | +€8,721 | +57.0% |
| Other operating charges | 640/8 | €3,450 | €30,423 | +€26,972 | +782% |
| Gross operating margin | 9900 | €227,149 | €146,935 | -€80,215 | -35.3% |
| Operating profit (loss) | 9901 | €43,606 | €52,844 | +€9,238 | +21.2% |
| Financial income | 75/76B | €1,786 | €708 | -€1,078 | -60.4% |
| Recurring financial income | 75 | €149 | €708 | +€559 | +376% |
| Non-recurring financial income | 76B | €1,637 | - | -€1,637 | |
| Financial charges | 65/66B | €2,492 | €3,112 | +€619 | +24.8% |
| Recurring financial charges | 65 | €2,492 | €3,112 | +€619 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | €42,899 | €50,440 | +€7,541 | +17.6% |
| Income taxes | 67/77 | - | €25,082 | +€25,082 | |
| Profit (loss) for the period | 9904 | €42,899 | €25,358 | -€17,541 | -40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,899 | €25,358 | -€17,541 | -40.9% |
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 15 October 2026 via checked.be.