DI.VA.: 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.
DI.VA.
Largest movements
- Tangible fixed assets -€116,692
down €116,692 (-2.6%), from €4.5m to €4.3m
of which Land and buildings: -€107,007
- Trade debts -€228,308
down €228,308 (-99.3%), from €229,821 to €1,513
- Reserves +€162,207
up €162,207 (+7.3%), from €2.2m to €2.4m
of which Distributable reserves: +€162,207
- Debts after one year -€80,500
down €80,500 (-4.1%), from €1.9m to €1.9m
- Gross operating margin +€23,211
up €23,211 (+6.1%), from €380,165 to €403,375
- Depreciation +€9,685
up €9,685 (+9.1%), from €107,007 to €116,692
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.
Derived cash bridge
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 | €4,500,897 | €4,383,838 | -€117,058 | -2.6% |
| Fixed assets | 21/28 | €4,463,165 | €4,346,473 | -€116,692 | -2.6% |
| Tangible fixed assets | 22/27 | €4,463,165 | €4,346,473 | -€116,692 | -2.6% |
| Land and buildings | 22 | €4,238,665 | €4,131,658 | -€107,007 | -2.5% |
| Furniture and vehicles | 24 | €224,500 | €214,815 | -€9,685 | -4.3% |
| Current assets | 29/58 | €37,732 | €37,365 | -€367 | -1.0% |
| Amounts receivable within one year | 40/41 | €7,448 | €319 | -€7,129 | -95.7% |
| Trade receivables | 40 | €4,580 | - | -€4,580 | |
| Other amounts receivable | 41 | €2,868 | €319 | -€2,549 | -88.9% |
| Cash at bank and in hand | 54/58 | €30,284 | €37,046 | +€6,762 | +22.3% |
| Total equity and liabilities | 10/49 | €4,500,897 | €4,383,838 | -€117,058 | -2.6% |
| Equity | 10/15 | €2,326,076 | €2,488,282 | +€162,207 | +7.0% |
| Contributions | 10/11 | €116,497 | €116,497 | = | 0.0% |
| Reserves | 13 | €2,209,578 | €2,371,785 | +€162,207 | +7.3% |
| Tax-exempt reserves | 132 | €765,166 | €765,166 | = | 0.0% |
| Distributable reserves | 133 | €1,444,412 | €1,606,619 | +€162,207 | +11.2% |
| Amounts payable | 17/49 | €2,174,821 | €1,895,556 | -€279,265 | -12.8% |
| Amounts payable after more than one year | 17 | €1,945,000 | €1,864,500 | -€80,500 | -4.1% |
| Other amounts payable | 178/9 | €1,945,000 | €1,864,500 | -€80,500 | -4.1% |
| Amounts payable within one year | 42/48 | €229,821 | €1,581 | -€228,239 | -99.3% |
| Trade debts | 44 | €229,821 | €1,513 | -€228,308 | -99.3% |
| Suppliers | 440/4 | €229,821 | €1,513 | -€228,308 | -99.3% |
| Taxes, remuneration and social security | 45 | - | €69 | +€69 | |
| Taxes | 450/3 | - | €69 | +€69 | |
| Accrued charges and deferred income | 492/3 | - | €29,474 | +€29,474 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,007 | €116,692 | +€9,685 | +9.1% |
| Other operating charges | 640/8 | €40,040 | €40,721 | +€681 | +1.7% |
| Gross operating margin | 9900 | €380,165 | €403,375 | +€23,211 | +6.1% |
| Operating profit (loss) | 9901 | €233,118 | €245,962 | +€12,845 | +5.5% |
| Financial charges | 65/66B | €31,345 | €29,687 | -€1,658 | -5.3% |
| Recurring financial charges | 65 | €31,345 | €29,687 | -€1,658 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €201,773 | €216,275 | +€14,503 | +7.2% |
| Income taxes | 67/77 | €50,443 | €54,069 | +€3,626 | +7.2% |
| Profit (loss) for the period | 9904 | €151,330 | €162,207 | +€10,877 | +7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €151,330 | €162,207 | +€10,877 | +7.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.