Skip to content

DIAGONAL CAPITAL: 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

DIAGONAL CAPITAL

BE 0847.328.355
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€139,140
2024 · -€408,681+€547,820
Equity
€2.0m
2024 · €1.9m+€139,140
Cash
€291,724
2024 · €611,846-€320,122
Balance sheet total
€2.5m
2024 · €3.1m-€644,298

Largest movements

2024 to 2025
Assets
  • Cash -€320,122

    down €320,122 (-52.3%), from €611,846 to €291,724

    mainly Tax, wage and social debts (-€605,845) and Trade debts (-€166,509)

  • Tangible fixed assets -€207,552

    down €207,552 (-20.9%), from €993,094 to €785,542

    of which Furniture and vehicles: -€135,352

  • Receivables within one year -€62,825

    down €62,825 (-4.6%), from €1.4m to €1.3m

    of which Trade receivables: -€189,492

  • Deferred charges and accrued income -€53,799

    down €53,799 (-69.3%), from €77,578 to €23,779

Equity and liabilities
  • Tax, wage and social debts -€605,845

    down €605,845 (-74.7%), from €811,258 to €205,413

    of which Taxes: -€660,843

  • Trade debts -€166,509

    down €166,509 (-48.2%), from €345,636 to €179,127

  • Profit (loss) carried forward +€139,140

    up €139,140 (+7.6%), from €1.8m to €2.0m

Income statement
  • Gross operating margin +€1.1m

    up €1.1m (+150%), from €766,912 to €1.9m

  • Staff costs +€565,785

    up €565,785 (+60.8%), from €931,220 to €1.5m

  • Financial income -€29,053

    down €29,053 (-93.9%), from €30,942 to €1,889

  • Financial charges +€23,135

    up €23,135 (+44.0%), from €52,538 to €75,673

From the 2024 result to the 2025 result

effect on the 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 -€408,681
Gross operating margin +€1.1m
Staff costs -€565,785
Depreciation -€3,378
Other operating charges +€3,535
Financial income -€29,053
Financial charges -€23,135
Taxes +€15,711
Result 2025 €139,140
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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 -€307,642
Investment -€12,480
Financing €0
Cash 2024 €611,846
Net result for the year +€139,140
Depreciation +€220,032
Receivables within one year +€62,825
Deferred charges and accrued income +€53,799
Trade debts -€166,509
Tax, wage and social debts -€605,845
Accrued charges and deferred income -€11,083
Investment in fixed assets (net) -€12,480
Cash 2025 €291,724
brings cash intakes cash out
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €3,125,986 €2,481,688 -€644,298 -20.6%
Fixed assets 21/28 €1,083,185 €875,633 -€207,552 -19.2%
Tangible fixed assets 22/27 €993,094 €785,542 -€207,552 -20.9%
Furniture and vehicles 24 €335,674 €200,323 -€135,352 -40.3%
Other tangible fixed assets 26 €657,419 €585,219 -€72,200 -11.0%
Assets under construction and advance payments 27 €0 - =
Financial fixed assets 28 €90,091 €90,091 = 0.0%
Current assets 29/58 €2,042,801 €1,606,055 -€436,746 -21.4%
Amounts receivable within one year 40/41 €1,353,377 €1,290,552 -€62,825 -4.6%
Trade receivables 40 €197,026 €7,534 -€189,492 -96.2%
Other amounts receivable 41 €1,156,351 €1,283,018 +€126,667 +11.0%
Cash at bank and in hand 54/58 €611,846 €291,724 -€320,122 -52.3%
Deferred charges and accrued income 490/1 €77,578 €23,779 -€53,799 -69.3%
Total equity and liabilities 10/49 €3,125,986 €2,481,688 -€644,298 -20.6%
Equity 10/15 €1,893,842 €2,032,982 +€139,140 +7.3%
Contributions 10/11 €60,000 €60,000 = 0.0%
Reserves 13 €6,000 €6,000 = 0.0%
Distributable reserves 133 €6,000 €6,000 = 0.0%
Profit (loss) carried forward 14 €1,827,842 €1,966,982 +€139,140 +7.6%
Amounts payable 17/49 €1,232,144 €448,706 -€783,438 -63.6%
Amounts payable within one year 42/48 €1,156,894 €384,539 -€772,354 -66.8%
Trade debts 44 €345,636 €179,127 -€166,509 -48.2%
Suppliers 440/4 €345,636 €179,127 -€166,509 -48.2%
Taxes, remuneration and social security 45 €811,258 €205,413 -€605,845 -74.7%
Taxes 450/3 €663,767 €2,925 -€660,843 -99.6%
Remuneration and social security 454/9 €147,490 €202,488 +€54,998 +37.3%
Accrued charges and deferred income 492/3 €75,250 €64,167 -€11,083 -14.7%
Non-recurring operating income 76A €42,135 €0 -€42,135 -100%
Remuneration, social security and pensions 62 €931,220 €1,497,005 +€565,785 +60.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €216,654 €220,032 +€3,378 +1.6%
Other operating charges 640/8 €4,865 €1,330 -€3,535 -72.7%
Gross operating margin 9900 €766,912 €1,916,838 +€1.1m +150%
Operating profit (loss) 9901 -€385,827 €198,471 +€584,298
Financial income 75/76B €30,942 €1,889 -€29,053 -93.9%
Recurring financial income 75 €30,942 €1,889 -€29,053 -93.9%
Financial charges 65/66B €52,538 €75,673 +€23,135 +44.0%
Recurring financial charges 65 €52,538 €75,673 +€23,135 +44.0%
Profit (loss) for the period before taxes 9903 -€407,422 €124,688 +€532,110
Income taxes 67/77 €1,258 -€14,452 -€15,711
Profit (loss) for the period 9904 -€408,681 €139,140 +€547,820
Profit (loss) for the period to be appropriated 9905 -€408,681 €139,140 +€547,820

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.