DIAFORM: 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.
DIAFORM
Largest movements
- Receivables within one year -€185,469
down €185,469 (-44.3%), from €418,278 to €232,809
of which Trade receivables: -€167,104
- Cash +€100,447
up €100,447 (+52.6%), from €190,823 to €291,270
mainly Receivables within one year (+€185,469) and Depreciation (+€111,580)
- Tangible fixed assets -€66,064
down €66,064 (-10.3%), from €639,489 to €573,425
of which Plant, machinery and equipment: -€57,633
- Stocks and contracts +€50,198
up €50,198 (+23.2%), from €216,545 to €266,743
- Debts after one year -€85,019
down €85,019 (-33.8%), from €251,231 to €166,212
- Trade debts -€58,563
down €58,563 (-26.2%), from €223,455 to €164,893
- Tax, wage and social debts +€23,565
up €23,565 (+18.2%), from €129,402 to €152,968
of which Taxes: +€17,396
- Gross operating margin -€38,135
down €38,135 (-3.6%), from €1.1m to €1.0m
- Financial charges -€25,125
down €25,125 (-52.4%), from €47,962 to €22,837
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 | €1,470,560 | €1,369,363 | -€101,197 | -6.9% |
| Fixed assets | 21/28 | €640,149 | €574,085 | -€66,064 | -10.3% |
| Tangible fixed assets | 22/27 | €639,489 | €573,425 | -€66,064 | -10.3% |
| Land and buildings | 22 | €354,375 | €339,347 | -€15,028 | -4.2% |
| Plant, machinery and equipment | 23 | €221,718 | €164,085 | -€57,633 | -26.0% |
| Furniture and vehicles | 24 | €17,908 | €39,008 | +€21,100 | +117.8% |
| Leasing and similar rights | 25 | €45,487 | €30,984 | -€14,503 | -31.9% |
| Financial fixed assets | 28 | €660 | €660 | = | 0.0% |
| Current assets | 29/58 | €830,411 | €795,278 | -€35,133 | -4.2% |
| Stocks and contracts in progress | 3 | €216,545 | €266,743 | +€50,198 | +23.2% |
| Stocks | 30/36 | €216,545 | €266,743 | +€50,198 | +23.2% |
| Amounts receivable within one year | 40/41 | €418,278 | €232,809 | -€185,469 | -44.3% |
| Trade receivables | 40 | €399,913 | €232,809 | -€167,104 | -41.8% |
| Other amounts receivable | 41 | €18,365 | - | -€18,365 | |
| Cash at bank and in hand | 54/58 | €190,823 | €291,270 | +€100,447 | +52.6% |
| Deferred charges and accrued income | 490/1 | €4,765 | €4,456 | -€309 | -6.5% |
| Total equity and liabilities | 10/49 | €1,470,560 | €1,369,363 | -€101,197 | -6.9% |
| Equity | 10/15 | €663,330 | €673,609 | +€10,279 | +1.5% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €500,750 | €511,029 | +€10,279 | +2.1% |
| Non-distributable reserves | 130/1 | €8,000 | €8,000 | = | 0.0% |
| Legal reserve | 130 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €492,750 | €503,029 | +€10,279 | +2.1% |
| Profit (loss) carried forward | 14 | €82,580 | €82,580 | = | 0.0% |
| Amounts payable | 17/49 | €807,229 | €695,753 | -€111,476 | -13.8% |
| Amounts payable after more than one year | 17 | €251,231 | €166,212 | -€85,019 | -33.8% |
| Financial debts | 170/4 | €251,231 | €166,212 | -€85,019 | -33.8% |
| Amounts payable within one year | 42/48 | €555,999 | €529,542 | -€26,457 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €99,870 | €108,450 | +€8,580 | +8.6% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €223,455 | €164,893 | -€58,563 | -26.2% |
| Suppliers | 440/4 | €223,455 | €164,893 | -€58,563 | -26.2% |
| Taxes, remuneration and social security | 45 | €129,402 | €152,968 | +€23,565 | +18.2% |
| Taxes | 450/3 | €17,159 | €34,555 | +€17,396 | +101.4% |
| Remuneration and social security | 454/9 | €112,244 | €118,413 | +€6,169 | +5.5% |
| Other amounts payable | 47/48 | €3,271 | €3,231 | -€40 | -1.2% |
| Remuneration, social security and pensions | 62 | €857,526 | €858,387 | +€861 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,196 | €111,580 | +€3,384 | +3.1% |
| Other operating charges | 640/8 | €3,507 | €3,701 | +€194 | +5.5% |
| Gross operating margin | 9900 | €1,056,958 | €1,018,823 | -€38,135 | -3.6% |
| Operating profit (loss) | 9901 | €87,729 | €45,155 | -€42,573 | -48.5% |
| Financial income | 75/76B | €57 | €146 | +€90 | +157.8% |
| Recurring financial income | 75 | €57 | €146 | +€90 | +157.8% |
| Financial charges | 65/66B | €47,962 | €22,837 | -€25,125 | -52.4% |
| Recurring financial charges | 65 | €47,962 | €22,837 | -€25,125 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | €39,824 | €22,465 | -€17,359 | -43.6% |
| Income taxes | 67/77 | €14,862 | €12,186 | -€2,676 | -18.0% |
| Profit (loss) for the period | 9904 | €24,962 | €10,279 | -€14,683 | -58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,962 | €10,279 | -€14,683 | -58.8% |
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 3 October 2026 via checked.be.