D & DIFFUSION: 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.
D & DIFFUSION
Largest movements
- Cash +€90,755
up €90,755 (+21.0%), from €433,157 to €523,912
mainly Other debts (+€249,000) and Net result for the year (+€130,242)
- Receivables within one year +€28,043
up €28,043 (+21.9%), from €128,288 to €156,331
of which Other amounts receivable: +€32,038
- Other debts +€249,000
up €249,000 (+19089.2%), from €1,304 to €250,304
- Reserves -€119,758
down €119,758 (-46.9%), from €255,280 to €135,521
of which Distributable reserves: -€119,758
- Trade debts -€39,962
down €39,962 (-7.5%), from €534,484 to €494,522
- Tax, wage and social debts +€20,394
up €20,394 (+49.7%), from €41,067 to €61,460
of which Remuneration and social security: +€15,442
- Staff costs +€65,512
up €65,512 (+16.2%), from €405,367 to €470,880
- Gross operating margin +€47,471
up €47,471 (+7.5%), from €632,226 to €679,696
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 | €837,275 | €946,808 | +€109,533 | +13.1% |
| Fixed assets | 21/28 | €37,996 | €26,939 | -€11,057 | -29.1% |
| Tangible fixed assets | 22/27 | €36,216 | €26,939 | -€9,277 | -25.6% |
| Plant, machinery and equipment | 23 | €36,012 | €24,801 | -€11,211 | -31.1% |
| Furniture and vehicles | 24 | €95 | €2,138 | +€2,043 | +2150.9% |
| Other tangible fixed assets | 26 | €109 | €0 | -€109 | -100.0% |
| Financial fixed assets | 28 | €1,780 | €0 | -€1,780 | -100.0% |
| Current assets | 29/58 | €799,279 | €919,869 | +€120,590 | +15.1% |
| Stocks and contracts in progress | 3 | €233,546 | €239,141 | +€5,595 | +2.4% |
| Stocks | 30/36 | €233,546 | €239,141 | +€5,595 | +2.4% |
| Amounts receivable within one year | 40/41 | €128,288 | €156,331 | +€28,043 | +21.9% |
| Trade receivables | 40 | €5,152 | €1,157 | -€3,995 | -77.6% |
| Other amounts receivable | 41 | €123,136 | €155,174 | +€32,038 | +26.0% |
| Cash at bank and in hand | 54/58 | €433,157 | €523,912 | +€90,755 | +21.0% |
| Deferred charges and accrued income | 490/1 | €4,288 | €485 | -€3,803 | -88.7% |
| Total equity and liabilities | 10/49 | €837,275 | €946,808 | +€109,533 | +13.1% |
| Equity | 10/15 | €260,280 | €140,521 | -€119,758 | -46.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €255,280 | €135,521 | -€119,758 | -46.9% |
| Tax-exempt reserves | 132 | €4,835 | €4,835 | = | 0.0% |
| Distributable reserves | 133 | €250,445 | €130,687 | -€119,758 | -47.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €576,995 | €806,287 | +€229,292 | +39.7% |
| Amounts payable within one year | 42/48 | €576,855 | €806,287 | +€229,432 | +39.8% |
| Trade debts | 44 | €534,484 | €494,522 | -€39,962 | -7.5% |
| Suppliers | 440/4 | €534,484 | €494,522 | -€39,962 | -7.5% |
| Taxes, remuneration and social security | 45 | €41,067 | €61,460 | +€20,394 | +49.7% |
| Taxes | 450/3 | €76 | €5,028 | +€4,952 | +6546.8% |
| Remuneration and social security | 454/9 | €40,991 | €56,433 | +€15,442 | +37.7% |
| Other amounts payable | 47/48 | €1,304 | €250,304 | +€249,000 | +19089.2% |
| Accrued charges and deferred income | 492/3 | €140 | €0 | -€140 | -100.0% |
| Remuneration, social security and pensions | 62 | €405,367 | €470,880 | +€65,512 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,705 | €11,696 | -€2,010 | -14.7% |
| Other operating charges | 640/8 | €2,438 | €2,133 | -€305 | -12.5% |
| Non-recurring operating charges | 66A | €23,422 | €0 | -€23,422 | -100.0% |
| Gross operating margin | 9900 | €632,226 | €679,696 | +€47,471 | +7.5% |
| Operating profit (loss) | 9901 | €187,293 | €194,988 | +€7,695 | +4.1% |
| Financial income | 75/76B | €5,933 | €123 | -€5,810 | -97.9% |
| Recurring financial income | 75 | €5,933 | €123 | -€5,810 | -97.9% |
| Financial charges | 65/66B | €18,688 | €18,386 | -€302 | -1.6% |
| Recurring financial charges | 65 | €18,688 | €18,386 | -€302 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €174,538 | €176,725 | +€2,187 | +1.3% |
| Income taxes | 67/77 | €46,841 | €46,484 | -€358 | -0.8% |
| Profit (loss) for the period | 9904 | €127,697 | €130,242 | +€2,545 | +2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €127,697 | €130,242 | +€2,545 | +2.0% |
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 6 October 2026 via checked.be.