AS Diving: 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.
AS Diving
Largest movements
- Receivables within one year +€12,778
up €12,778 (+169.5%), from €7,538 to €20,316
of which Trade receivables: +€11,638
- Cash -€4,491
down €4,491 (-12.8%), from €35,198 to €30,707
mainly Receivables within one year (-€12,778) and Tax, wage and social debts (-€4,271)
- Tangible fixed assets -€3,670
down €3,670 (-36.0%), from €10,193 to €6,523
of which Plant, machinery and equipment: -€4,562
- Profit (loss) carried forward +€5,116
up €5,116 (+22.3%), from €22,924 to €28,041
- Tax, wage and social debts -€4,271
down €4,271 (-64.1%), from €6,667 to €2,396
- Other debts +€3,940
up €3,940 (+20.1%), from €19,571 to €23,511
- Gross operating margin -€21,626
down €21,626 (-61.9%), from €34,958 to €13,332
- Taxes -€4,082
down €4,082 (-63.0%), from €6,478 to €2,396
- Other operating charges +€593
new in 2025: €593
- Depreciation -€453
down €453 (-8.1%), from €5,569 to €5,116
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 | €53,462 | €57,676 | +€4,214 | +7.9% |
| Formation expenses | 20 | €331 | - | -€331 | |
| Fixed assets | 21/28 | €10,193 | €6,523 | -€3,670 | -36.0% |
| Tangible fixed assets | 22/27 | €10,193 | €6,523 | -€3,670 | -36.0% |
| Plant, machinery and equipment | 23 | €10,193 | €5,631 | -€4,562 | -44.8% |
| Furniture and vehicles | 24 | - | €892 | +€892 | |
| Current assets | 29/58 | €42,938 | €51,153 | +€8,215 | +19.1% |
| Amounts receivable within one year | 40/41 | €7,538 | €20,316 | +€12,778 | +169.5% |
| Trade receivables | 40 | €7,538 | €19,176 | +€11,638 | +154.4% |
| Other amounts receivable | 41 | - | €1,140 | +€1,140 | |
| Cash at bank and in hand | 54/58 | €35,198 | €30,707 | -€4,491 | -12.8% |
| Deferred charges and accrued income | 490/1 | €202 | €130 | -€72 | -35.5% |
| Total equity and liabilities | 10/49 | €53,462 | €57,676 | +€4,214 | +7.9% |
| Equity | 10/15 | €25,924 | €31,041 | +€5,116 | +19.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,924 | €28,041 | +€5,116 | +22.3% |
| Amounts payable | 17/49 | €27,538 | €26,636 | -€902 | -3.3% |
| Amounts payable within one year | 42/48 | €27,538 | €26,636 | -€902 | -3.3% |
| Trade debts | 44 | €1,300 | €728 | -€572 | -44.0% |
| Suppliers | 440/4 | €1,300 | €728 | -€572 | -44.0% |
| Taxes, remuneration and social security | 45 | €6,667 | €2,396 | -€4,271 | -64.1% |
| Taxes | 450/3 | €6,667 | €2,396 | -€4,271 | -64.1% |
| Other amounts payable | 47/48 | €19,571 | €23,511 | +€3,940 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,569 | €5,116 | -€453 | -8.1% |
| Other operating charges | 640/8 | - | €593 | +€593 | |
| Gross operating margin | 9900 | €34,958 | €13,332 | -€21,626 | -61.9% |
| Operating profit (loss) | 9901 | €29,389 | €7,623 | -€21,766 | -74.1% |
| Financial income | 75/76B | €33 | - | -€33 | |
| Recurring financial income | 75 | €33 | - | -€33 | |
| Financial charges | 65/66B | €19 | €110 | +€91 | +479.8% |
| Recurring financial charges | 65 | €19 | €110 | +€91 | +479.8% |
| Profit (loss) for the period before taxes | 9903 | €29,403 | €7,512 | -€21,890 | -74.4% |
| Income taxes | 67/77 | €6,478 | €2,396 | -€4,082 | -63.0% |
| Profit (loss) for the period | 9904 | €22,924 | €5,116 | -€17,808 | -77.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,924 | €5,116 | -€17,808 | -77.7% |
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 30 September 2026 via checked.be.