ASIAN - DIAMONDS: 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
ASIAN - DIAMONDS
NACE 46.861, Wholesale of diamonds and other precious stones
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€593,696
2023 · €17,571-€611,267
Equity
€3.5m
2023 · €4.1m-€593,696
Cash
€627,019
2023 · €1.2m-€568,249
Balance sheet total
€12.0m
2023 · €11.4m+€597,954
Largest movements
Assets
- Receivables within one year +€1.1m
up €1.1m (+17.0%), from €6.7m to €7.9m
of which Trade receivables: +€1.2m
- Cash -€568,249
down €568,249 (-47.5%), from €1.2m to €627,019
mainly Receivables within one year (-€1.1m) and Net result for the year (-€593,696)
Equity and liabilities
- Trade debts +€1.2m
up €1.2m (+20.1%), from €6.1m to €7.3m
- Profit (loss) carried forward -€593,696
new in 2024: -€593,696
Income statement
- Goods and materials +€1.4m
up €1.4m (+6.3%), from €22.6m to €24.0m
of which Change in stocks: decrease (increase): +€1.6m
- Turnover +€926,345
up €926,345 (+4.0%), from €23.1m to €24.0m
- Other operating charges +€391,875
up €391,875 (+6,477%), from €6,050 to €397,925
- Write-downs -€267,168
new in 2024: -€267,168
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
€17,571
Turnover
+€926,345
Other operating income
-€3,760
Goods and materials
-€1.4m
Services and other goods
+€20,592
Staff costs
-€26,596
Depreciation
+€3,721
Write-downs
+€267,168
Other operating charges
-€391,875
Other operating items
+€7,893
Financial income
+€2,658
Financial charges
+€254
Taxes
+€789
Result 2024
-€593,696
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
-€593,028
Investment
-€1,300
Financing
+€26,079
Cash 2023
€1.2m
From operations (derived)
-€593,028
Net result for the year
-€593,696
Depreciation
+€16,080
Stocks and contracts
-€33,469
Receivables within one year
-€1.1m
Deferred charges and accrued income
-€3,118
Trade debts
+€1.2m
Tax, wage and social debts
-€55,076
Other debts
-€7,039
Accrued charges and deferred income
-€76
Investment (derived)
-€1,300
Investment in fixed assets (net)
-€1,300
Financing
+€26,079
Debts after one year
+€30,232
Current portion of long-term debt
+€91
Short-term financial debts
-€4,243
Cash 2024
€627,019
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,383,493 | €11,981,447 | +€597,954 | +5.3% |
| Fixed assets | 21/28 | €292,738 | €277,958 | -€14,780 | -5.0% |
| Tangible fixed assets | 22/27 | €291,054 | €276,273 | -€14,780 | -5.1% |
| Land and buildings | 22 | €247,760 | €240,272 | -€7,488 | -3.0% |
| Plant, machinery and equipment | 23 | €43,294 | €36,002 | -€7,293 | -16.8% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Financial fixed assets | 28 | €1,684 | €1,684 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,684 | €1,684 | = | 0.0% |
| Shares | 284 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €684 | €684 | = | 0.0% |
| Current assets | 29/58 | €11,090,755 | €11,703,490 | +€612,734 | +5.5% |
| Stocks and contracts in progress | 3 | €3,146,702 | €3,180,170 | +€33,469 | +1.1% |
| Stocks | 30/36 | €3,146,702 | €3,180,170 | +€33,469 | +1.1% |
| Goods purchased for resale | 34 | €3,146,702 | €3,180,170 | +€33,469 | +1.1% |
| Amounts receivable within one year | 40/41 | €6,741,198 | €7,885,594 | +€1.1m | +17.0% |
| Trade receivables | 40 | €6,721,644 | €7,875,456 | +€1.2m | +17.2% |
| Other amounts receivable | 41 | €19,554 | €10,138 | -€9,415 | -48.2% |
| Cash at bank and in hand | 54/58 | €1,195,268 | €627,019 | -€568,249 | -47.5% |
| Deferred charges and accrued income | 490/1 | €7,588 | €10,706 | +€3,118 | +41.1% |
| Total equity and liabilities | 10/49 | €11,383,493 | €11,981,447 | +€597,954 | +5.3% |
| Equity | 10/15 | €4,079,318 | €3,485,622 | -€593,696 | -14.6% |
| Contributions | 10/11 | €518,600 | €518,600 | = | 0.0% |
| Reserves | 13 | €3,560,718 | €3,560,718 | = | 0.0% |
| Non-distributable reserves | 130/1 | €51,860 | €51,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €51,860 | €51,860 | = | 0.0% |
| Distributable reserves | 133 | €3,508,858 | €3,508,858 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€593,696 | -€593,696 | |
| Amounts payable | 17/49 | €7,304,176 | €8,495,825 | +€1.2m | +16.3% |
| Amounts payable after more than one year | 17 | €24,109 | €54,341 | +€30,232 | +125% |
| Financial debts | 170/4 | €24,109 | €54,341 | +€30,232 | +125% |
| Credit institutions | 173 | €24,109 | €14,341 | -€9,768 | -40.5% |
| Other loans | 174 | - | €40,000 | +€40,000 | |
| Amounts payable within one year | 42/48 | €7,279,644 | €8,441,138 | +€1.2m | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €9,961 | €10,052 | +€91 | +0.9% |
| Financial debts | 43 | €4,243 | - | -€4,243 | |
| Credit institutions | 430/8 | €4,243 | - | -€4,243 | |
| Trade debts | 44 | €6,113,299 | €7,341,060 | +€1.2m | +20.1% |
| Suppliers | 440/4 | €6,113,299 | €7,341,060 | +€1.2m | +20.1% |
| Taxes, remuneration and social security | 45 | €138,585 | €83,509 | -€55,076 | -39.7% |
| Taxes | 450/3 | €119,654 | €56,792 | -€62,862 | -52.5% |
| Remuneration and social security | 454/9 | €18,931 | €26,717 | +€7,786 | +41.1% |
| Other amounts payable | 47/48 | €1,013,556 | €1,006,517 | -€7,039 | -0.7% |
| Accrued charges and deferred income | 492/3 | €422 | €347 | -€76 | -17.9% |
| Operating income | 70/76A | €23,125,446 | €24,055,924 | +€930,478 | +4.0% |
| Turnover | 70 | €23,120,942 | €24,047,287 | +€926,345 | +4.0% |
| Other operating income | 74 | €4,504 | €744 | -€3,760 | -83.5% |
| Non-recurring operating income | 76A | - | €7,893 | +€7,893 | |
| Operating charges | 60/66A | €23,034,157 | €24,579,603 | +€1.5m | +6.7% |
| Goods for resale, raw materials and consumables | 60 | €22,590,021 | €24,008,477 | +€1.4m | +6.3% |
| Purchases | 600/8 | €24,232,865 | €24,041,946 | -€190,919 | -0.8% |
| Change in stocks: decrease (increase) | 609 | -€1,642,843 | -€33,469 | +€1.6m | +98.0% |
| Services and other goods | 61 | €328,349 | €307,757 | -€20,592 | -6.3% |
| Remuneration, social security and pensions | 62 | €89,936 | €116,532 | +€26,596 | +29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,802 | €16,080 | -€3,721 | -18.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€267,168 | -€267,168 | |
| Other operating charges | 640/8 | €6,050 | €397,925 | +€391,875 | +6,477% |
| Operating profit (loss) | 9901 | €91,288 | -€523,679 | -€614,968 | |
| Financial income | 75/76B | €471 | €3,129 | +€2,658 | +564% |
| Recurring financial income | 75 | €471 | €3,129 | +€2,658 | +564% |
| Other financial income | 752/9 | €471 | €3,129 | +€2,658 | +564% |
| Financial charges | 65/66B | €25,726 | €25,472 | -€254 | -1.0% |
| Recurring financial charges | 65 | €25,726 | €25,472 | -€254 | -1.0% |
| Debt charges | 650 | €3,139 | €2,920 | -€219 | -7.0% |
| Other financial charges | 652/9 | €22,587 | €22,552 | -€35 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €66,034 | -€546,022 | -€612,056 | |
| Income taxes | 67/77 | €48,463 | €47,673 | -€789 | -1.6% |
| Taxes | 670/3 | €48,463 | €47,673 | -€789 | -1.6% |
| Profit (loss) for the period | 9904 | €17,571 | -€593,696 | -€611,267 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,571 | -€593,696 | -€611,267 |
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 25 October 2026 via checked.be.