BELGIUM 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.
BELGIUM DIAMONDS
Largest movements
- Receivables within one year -€97,768
down €97,768 (-43.7%), from €223,505 to €125,737
of which Trade receivables: -€102,675
- Cash -€11,136
down €11,136 (-76.1%), from €14,637 to €3,501
mainly Advances received (-€110,034) and Net result for the year (-€33,877)
- Deferred charges and accrued income -€6,064
down €6,064 (-99.1%), from €6,122 to €58
- Advances received -€110,034
down €110,034 (-72.3%), from €152,100 to €42,065
- Trade debts +€42,072
up €42,072 (+27.6%), from €152,551 to €194,623
- Profit (loss) carried forward -€33,877
down €33,877 (-150%), from -€22,620 to -€56,497
- Other debts -€13,317
down €13,317 (-61.1%), from €21,799 to €8,482
- Gross operating margin -€43,460
down €43,460, from €6,912 to -€36,547
- Financial income +€5,647
up €5,647 (+665%), from €849 to €6,495
- Financial charges -€820
down €820 (-25.0%), from €3,277 to €2,457
- Taxes +€674
new in 2024: €674
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €314,620 | €199,464 | -€115,156 | -36.6% |
| Fixed assets | 21/28 | €188 | - | -€188 | |
| Tangible fixed assets | 22/27 | €188 | - | -€188 | |
| Furniture and vehicles | 24 | €188 | - | -€188 | |
| Current assets | 29/58 | €314,432 | €199,464 | -€114,968 | -36.6% |
| Stocks and contracts in progress | 3 | €70,168 | €70,168 | = | 0.0% |
| Stocks | 30/36 | €70,168 | €70,168 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €223,505 | €125,737 | -€97,768 | -43.7% |
| Trade receivables | 40 | €223,350 | €120,675 | -€102,675 | -46.0% |
| Other amounts receivable | 41 | €155 | €5,062 | +€4,907 | +3,170% |
| Cash at bank and in hand | 54/58 | €14,637 | €3,501 | -€11,136 | -76.1% |
| Deferred charges and accrued income | 490/1 | €6,122 | €58 | -€6,064 | -99.1% |
| Total equity and liabilities | 10/49 | €314,620 | €199,464 | -€115,156 | -36.6% |
| Equity | 10/15 | -€11,829 | -€45,706 | -€33,877 | -286% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,591 | €4,591 | = | 0.0% |
| Distributable reserves | 133 | €4,591 | €4,591 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,620 | -€56,497 | -€33,877 | -150% |
| Amounts payable | 17/49 | €326,449 | €245,170 | -€81,279 | -24.9% |
| Amounts payable within one year | 42/48 | €326,449 | €245,170 | -€81,279 | -24.9% |
| Trade debts | 44 | €152,551 | €194,623 | +€42,072 | +27.6% |
| Suppliers | 440/4 | €152,551 | €194,623 | +€42,072 | +27.6% |
| Advances received on contracts in progress | 46 | €152,100 | €42,065 | -€110,034 | -72.3% |
| Other amounts payable | 47/48 | €21,799 | €8,482 | -€13,317 | -61.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184 | €188 | +€4 | +1.9% |
| Other operating charges | 640/8 | €493 | €505 | +€12 | +2.4% |
| Gross operating margin | 9900 | €6,912 | -€36,547 | -€43,460 | |
| Operating profit (loss) | 9901 | €6,235 | -€37,241 | -€43,475 | |
| Financial income | 75/76B | €849 | €6,495 | +€5,647 | +665% |
| Recurring financial income | 75 | €849 | €6,495 | +€5,647 | +665% |
| Financial charges | 65/66B | €3,277 | €2,457 | -€820 | -25.0% |
| Recurring financial charges | 65 | €3,277 | €2,457 | -€820 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €3,807 | -€33,202 | -€37,009 | |
| Income taxes | 67/77 | - | €674 | +€674 | |
| Profit (loss) for the period | 9904 | €3,807 | -€33,877 | -€37,683 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,807 | -€33,877 | -€37,683 |
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 22 October 2026 via checked.be.