ARHAAN DIAM: 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
ARHAAN DIAM
NACE 46.861, Wholesale of diamonds and other precious stones
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€6.4m
2023 · €346,438-€6.7m
Equity
€4.1m
2023 · €10.5m-€6.4m
Cash
€191,014
2023 · €768,784-€577,770
Balance sheet total
€38.5m
2023 · €53.0m-€14.5m
Largest movements
Assets
- Receivables within one year -€11.6m
down €11.6m (-45.7%), from €25.5m to €13.8m
of which Trade receivables: -€11.7m
- Stocks and contracts -€1.9m
down €1.9m (-7.5%), from €25.7m to €23.8m
- Cash -€577,770
down €577,770 (-75.2%), from €768,784 to €191,014
mainly Trade debts (-€6.9m) and Net result for the year (-€6.4m)
Equity and liabilities
- Trade debts -€6.9m
down €6.9m (-21.1%), from €32.9m to €25.9m
- Profit (loss) carried forward -€6.4m
new in 2024: -€6.4m
- Other debts -€1.0m
down €1.0m (-11.5%), from €9.0m to €7.9m
Income statement
- Turnover -€17.2m
down €17.2m (-32.3%), from €53.2m to €36.0m
- Goods and materials -€10.6m
down €10.6m (-20.5%), from €52.0m to €41.4m
of which Purchases: -€13.1m
From the 2023 result to the 2024 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 2023
€346,438
Turnover
-€17.2m
Other operating income
+€8,102
Goods and materials
+€10.6m
Services and other goods
+€53,032
Staff costs
+€7,219
Depreciation
+€1,774
Other operating charges
-€67,048
Other operating items
-€17,038
Financial income
+€2,074
Financial charges
+€9,439
Taxes
-€184,487
Result 2024
-€6.4m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€448,577
Investment
-€9,180
Financing
-€120,013
Cash 2023
€768,784
From operations (derived)
-€448,577
Net result for the year
-€6.4m
Depreciation
+€84,890
Receivables after one year
+€206,164
Stocks and contracts
+€1.9m
Receivables within one year
+€11.6m
Deferred charges and accrued income
+€35,413
Trade debts
-€6.9m
Smaller working-capital items
-€7,753
Other debts
-€1.0m
Investment (derived)
-€9,180
Investment in fixed assets (net)
-€9,180
Financing
-€120,013
Debts after one year
-€41,348
Current portion of long-term debt
+€733
Short-term financial debts
-€79,398
Cash 2024
€191,014
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,009,857 | €38,549,551 | -€14.5m | -27.3% |
| Fixed assets | 21/28 | €679,886 | €604,176 | -€75,710 | -11.1% |
| Tangible fixed assets | 22/27 | €623,626 | €547,917 | -€75,710 | -12.1% |
| Land and buildings | 22 | €492,482 | €478,312 | -€14,170 | -2.9% |
| Plant, machinery and equipment | 23 | €91,504 | €39,512 | -€51,992 | -56.8% |
| Furniture and vehicles | 24 | €39,640 | €30,093 | -€9,548 | -24.1% |
| Financial fixed assets | 28 | €56,260 | €56,260 | = | 0.0% |
| Affiliated companies | 280/1 | €55,560 | €55,560 | = | 0.0% |
| Participating interests | 280 | €55,560 | €55,560 | = | 0.0% |
| Other financial fixed assets | 284/8 | €700 | €700 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €52,329,971 | €37,945,375 | -€14.4m | -27.5% |
| Amounts receivable after more than one year | 29 | €301,567 | €95,403 | -€206,164 | -68.4% |
| Other amounts receivable | 291 | €301,567 | €95,403 | -€206,164 | -68.4% |
| Stocks and contracts in progress | 3 | €25,747,171 | €23,820,378 | -€1.9m | -7.5% |
| Stocks | 30/36 | €25,747,171 | €23,820,378 | -€1.9m | -7.5% |
| Goods purchased for resale | 34 | €25,747,171 | €23,820,378 | -€1.9m | -7.5% |
| Amounts receivable within one year | 40/41 | €25,457,219 | €13,818,764 | -€11.6m | -45.7% |
| Trade receivables | 40 | €25,361,301 | €13,682,516 | -€11.7m | -46.0% |
| Other amounts receivable | 41 | €95,918 | €136,248 | +€40,330 | +42.0% |
| Cash at bank and in hand | 54/58 | €768,784 | €191,014 | -€577,770 | -75.2% |
| Deferred charges and accrued income | 490/1 | €55,230 | €19,816 | -€35,413 | -64.1% |
| Total equity and liabilities | 10/49 | €53,009,857 | €38,549,551 | -€14.5m | -27.3% |
| Equity | 10/15 | €10,483,851 | €4,108,404 | -€6.4m | -60.8% |
| Contributions | 10/11 | €560,000 | €560,000 | = | 0.0% |
| Reserves | 13 | €9,923,851 | €9,923,851 | = | 0.0% |
| Distributable reserves | 133 | €9,923,851 | €9,923,851 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€6,375,448 | -€6.4m | |
| Amounts payable | 17/49 | €42,526,005 | €34,441,147 | -€8.1m | -19.0% |
| Amounts payable after more than one year | 17 | €231,363 | €190,014 | -€41,348 | -17.9% |
| Financial debts | 170/4 | €231,363 | €190,014 | -€41,348 | -17.9% |
| Credit institutions | 173 | €231,363 | €190,014 | -€41,348 | -17.9% |
| Amounts payable within one year | 42/48 | €42,262,298 | €34,232,213 | -€8.0m | -19.0% |
| Current portion of amounts payable after more than one year | 42 | €41,343 | €42,076 | +€733 | +1.8% |
| Financial debts | 43 | €185,966 | €106,568 | -€79,398 | -42.7% |
| Credit institutions | 430/8 | €185,966 | €106,568 | -€79,398 | -42.7% |
| Trade debts | 44 | €32,876,161 | €25,946,091 | -€6.9m | -21.1% |
| Suppliers | 440/4 | €32,876,161 | €25,946,091 | -€6.9m | -21.1% |
| Taxes, remuneration and social security | 45 | €196,798 | €202,470 | +€5,672 | +2.9% |
| Taxes | 450/3 | €187,005 | €182,668 | -€4,337 | -2.3% |
| Remuneration and social security | 454/9 | €9,793 | €19,802 | +€10,009 | +102% |
| Other amounts payable | 47/48 | €8,962,030 | €7,935,008 | -€1.0m | -11.5% |
| Accrued charges and deferred income | 492/3 | €32,345 | €18,920 | -€13,425 | -41.5% |
| Operating income | 70/76A | €53,249,897 | €36,061,680 | -€17.2m | -32.3% |
| Turnover | 70 | €53,212,900 | €36,033,619 | -€17.2m | -32.3% |
| Other operating income | 74 | €19,959 | €28,061 | +€8,102 | +40.6% |
| Non-recurring operating income | 76A | €17,038 | - | -€17,038 | |
| Operating charges | 60/66A | €52,834,098 | €42,194,793 | -€10.6m | -20.1% |
| Goods for resale, raw materials and consumables | 60 | €52,037,812 | €41,393,484 | -€10.6m | -20.5% |
| Purchases | 600/8 | €52,573,487 | €39,466,691 | -€13.1m | -24.9% |
| Change in stocks: decrease (increase) | 609 | -€535,674 | €1,926,794 | +€2.5m | |
| Services and other goods | 61 | €595,423 | €542,391 | -€53,032 | -8.9% |
| Remuneration, social security and pensions | 62 | €71,199 | €63,980 | -€7,219 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,664 | €84,890 | -€1,774 | -2.0% |
| Other operating charges | 640/8 | €43,001 | €110,048 | +€67,048 | +156% |
| Operating profit (loss) | 9901 | €415,799 | -€6,133,114 | -€6.5m | |
| Financial income | 75/76B | €28,030 | €30,104 | +€2,074 | +7.4% |
| Recurring financial income | 75 | €28,030 | €30,104 | +€2,074 | +7.4% |
| Other financial income | 752/9 | €28,030 | €30,104 | +€2,074 | +7.4% |
| Financial charges | 65/66B | €88,727 | €79,288 | -€9,439 | -10.6% |
| Recurring financial charges | 65 | €88,727 | €79,288 | -€9,439 | -10.6% |
| Debt charges | 650 | €28,363 | €33,473 | +€5,109 | +18.0% |
| Other financial charges | 652/9 | €60,364 | €45,815 | -€14,549 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €355,101 | -€6,182,297 | -€6.5m | |
| Income taxes | 67/77 | €8,664 | €193,151 | +€184,487 | +2,129% |
| Taxes | 670/3 | €105,800 | €193,151 | +€87,351 | +82.6% |
| Tax adjustments and reversals of tax provisions | 77 | €97,136 | - | -€97,136 | |
| Profit (loss) for the period | 9904 | €346,438 | -€6,375,448 | -€6.7m | |
| Profit (loss) for the period to be appropriated | 9905 | €346,438 | -€6,375,448 | -€6.7m |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.