DIAGAM: 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
DIAGAM
NACE 46.460, Wholesale of pharmaceutical and medical goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €1.1m+€222,330
Equity
€4.0m
2024 · €3.9m+€139,613
Cash
€1.2m
2024 · €838,064+€314,566
Balance sheet total
€7.3m
2024 · €6.6m+€643,158
Largest movements
Assets
- Cash +€314,566
up €314,566 (+37.5%), from €838,064 to €1.2m
mainly Net result for the year (+€1.3m) and Other debts (+€916,612)
- Intangible fixed assets +€242,613
up €242,613 (+42.9%), from €565,071 to €807,684
- Current investments +€200,000
up €200,000 (+53.3%), from €375,369 to €575,369
- Tangible fixed assets -€99,811
down €99,811 (-12.0%), from €832,241 to €732,431
of which Furniture and vehicles: -€72,782
Equity and liabilities
- Other debts +€916,612
up €916,612 (+364%), from €251,500 to €1.2m
- Trade debts -€357,135
down €357,135 (-35.6%), from €1.0m to €646,604
- Reserves +€134,909
up €134,909 (+3.6%), from €3.7m to €3.8m
of which Distributable reserves: +€134,909
- Debts after one year -€100,241
down €100,241 (-42.9%), from €233,615 to €133,374
Income statement
- Gross operating margin +€633,765
up €633,765 (+19.1%), from €3.3m to €4.0m
- Staff costs +€326,060
up €326,060 (+21.8%), from €1.5m to €1.8m
- Taxes +€111,947
up €111,947 (+23.5%), from €475,369 to €587,316
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.
Result 2024
€1.1m
Gross operating margin
+€633,765
Staff costs
-€326,060
Depreciation
-€706
Other operating charges
+€11,092
Other operating items
-€6,505
Financial income
+€7,271
Financial charges
+€15,419
Taxes
-€111,947
Result 2025
€1.3m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.1m
Investment
-€561,609
Financing
-€1.2m
Cash 2024
€838,064
From operations (derived)
+€2.1m
Net result for the year
+€1.3m
Depreciation
+€218,457
Stocks and contracts
-€17,277
Receivables within one year
+€8,364
Deferred charges and accrued income
+€23,474
Trade debts
-€357,135
Tax, wage and social debts
+€36,033
Other debts
+€916,612
Accrued charges and deferred income
-€5,472
Investment (derived)
-€561,609
Investment in fixed assets (net)
-€361,609
Current investments
-€200,000
Financing
-€1.2m
Debts after one year
-€100,241
Current portion of long-term debt
+€45,532
Short-term financial debts
-€31,784
Contributions, distributions and other
-€1.1m
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,608,319 | €7,251,476 | +€643,158 | +9.7% |
| Fixed assets | 21/28 | €1,417,212 | €1,560,365 | +€143,153 | +10.1% |
| Intangible fixed assets | 21 | €565,071 | €807,684 | +€242,613 | +42.9% |
| Tangible fixed assets | 22/27 | €832,241 | €732,431 | -€99,811 | -12.0% |
| Land and buildings | 22 | €479,984 | €437,947 | -€42,037 | -8.8% |
| Plant, machinery and equipment | 23 | €82,983 | €97,990 | +€15,008 | +18.1% |
| Furniture and vehicles | 24 | €269,275 | €196,493 | -€72,782 | -27.0% |
| Financial fixed assets | 28 | €19,900 | €20,250 | +€350 | +1.8% |
| Current assets | 29/58 | €5,191,107 | €5,691,112 | +€500,005 | +9.6% |
| Stocks and contracts in progress | 3 | €1,398,900 | €1,416,177 | +€17,277 | +1.2% |
| Stocks | 30/36 | €1,398,900 | €1,416,177 | +€17,277 | +1.2% |
| Amounts receivable within one year | 40/41 | €2,497,152 | €2,488,789 | -€8,364 | -0.3% |
| Trade receivables | 40 | €1,792,777 | €1,818,581 | +€25,804 | +1.4% |
| Other amounts receivable | 41 | €704,375 | €670,207 | -€34,168 | -4.9% |
| Current investments | 50/53 | €375,369 | €575,369 | +€200,000 | +53.3% |
| Cash at bank and in hand | 54/58 | €838,064 | €1,152,630 | +€314,566 | +37.5% |
| Deferred charges and accrued income | 490/1 | €81,621 | €58,147 | -€23,474 | -28.8% |
| Total equity and liabilities | 10/49 | €6,608,319 | €7,251,476 | +€643,158 | +9.7% |
| Equity | 10/15 | €3,863,057 | €4,002,670 | +€139,613 | +3.6% |
| Contributions | 10/11 | €118,000 | €118,000 | = | 0.0% |
| Capital | 10 | €118,000 | €118,000 | = | 0.0% |
| Issued capital | 100 | €118,000 | €118,000 | = | 0.0% |
| Reserves | 13 | €3,704,478 | €3,839,387 | +€134,909 | +3.6% |
| Non-distributable reserves | 130/1 | €11,800 | €11,800 | = | 0.0% |
| Legal reserve | 130 | €11,800 | €11,800 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €3,636,428 | €3,771,337 | +€134,909 | +3.7% |
| Profit (loss) carried forward | 14 | €697 | €697 | = | 0.0% |
| Investment grants | 15 | €39,883 | €44,587 | +€4,704 | +11.8% |
| Amounts payable | 17/49 | €2,745,261 | €3,248,806 | +€503,545 | +18.3% |
| Amounts payable after more than one year | 17 | €233,615 | €133,374 | -€100,241 | -42.9% |
| Financial debts | 170/4 | €233,615 | €133,374 | -€100,241 | -42.9% |
| Amounts payable within one year | 42/48 | €2,506,174 | €3,115,432 | +€609,258 | +24.3% |
| Current portion of amounts payable after more than one year | 42 | €507,954 | €553,487 | +€45,532 | +9.0% |
| Financial debts | 43 | €156,784 | €125,000 | -€31,784 | -20.3% |
| Credit institutions | 430/8 | €156,784 | €125,000 | -€31,784 | -20.3% |
| Trade debts | 44 | €1,003,739 | €646,604 | -€357,135 | -35.6% |
| Suppliers | 440/4 | €1,003,739 | €646,604 | -€357,135 | -35.6% |
| Taxes, remuneration and social security | 45 | €586,196 | €622,229 | +€36,033 | +6.1% |
| Taxes | 450/3 | €371,567 | €379,632 | +€8,066 | +2.2% |
| Remuneration and social security | 454/9 | €214,630 | €242,597 | +€27,967 | +13.0% |
| Other amounts payable | 47/48 | €251,500 | €1,168,112 | +€916,612 | +364% |
| Accrued charges and deferred income | 492/3 | €5,472 | €0 | -€5,472 | -100% |
| Non-recurring operating income | 76A | €14,493 | €355 | -€14,138 | -97.5% |
| Remuneration, social security and pensions | 62 | €1,498,283 | €1,824,343 | +€326,060 | +21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €217,750 | €218,457 | +€706 | +0.3% |
| Other operating charges | 640/8 | €40,256 | €29,164 | -€11,092 | -27.6% |
| Non-recurring operating charges | 66A | €1,511 | €8,016 | +€6,505 | +430% |
| Gross operating margin | 9900 | €3,326,419 | €3,960,184 | +€633,765 | +19.1% |
| Operating profit (loss) | 9901 | €1,568,618 | €1,880,205 | +€311,587 | +19.9% |
| Financial income | 75/76B | €31,576 | €38,847 | +€7,271 | +23.0% |
| Recurring financial income | 75 | €31,576 | €38,847 | +€7,271 | +23.0% |
| Financial charges | 65/66B | €68,382 | €52,964 | -€15,419 | -22.5% |
| Recurring financial charges | 65 | €68,382 | €52,964 | -€15,419 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €1,531,811 | €1,866,088 | +€334,277 | +21.8% |
| Income taxes | 67/77 | €475,369 | €587,316 | +€111,947 | +23.5% |
| Profit (loss) for the period | 9904 | €1,056,442 | €1,278,771 | +€222,330 | +21.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,056,442 | €1,278,771 | +€222,330 | +21.0% |
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 1 November 2026 via checked.be.