DIAM: 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
DIAM
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€459,351
2024 · €717,099-€257,748
Equity
€18.1m
2024 · €17.6m+€462,837
Cash
€7
2024 · €7
Balance sheet total
€40.0m
2024 · €40.8m-€713,241
Largest movements
Assets
- Receivables within one year -€1.0m
down €1.0m (-29.1%), from €3.4m to €2.4m
of which Other amounts receivable: -€934,213
Equity and liabilities
- Debts after one year -€1.0m
down €1.0m (-4.9%), from €20.8m to €19.8m
- Profit (loss) carried forward +€543,260
up €543,260 (+10.1%), from €5.4m to €5.9m
Income statement
- Gross operating margin -€435,614
down €435,614 (-28.6%), from €1.5m to €1.1m
- Financial charges -€202,901
down €202,901 (-33.2%), from €611,796 to €408,895
- Taxes -€92,466
down €92,466 (-34.5%), from €267,896 to €175,430
- Financial income -€62,795
down €62,795 (-14.0%), from €448,616 to €385,822
- Write-downs +€56,135
new in 2025: €56,135
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
€717,099
Gross operating margin
-€435,614
Depreciation
+€17,449
Write-downs
-€56,135
Other operating charges
-€16,324
Financial income
-€62,795
Financial charges
+€202,901
Taxes
+€92,466
Deferred taxes and other
+€304
Result 2025
€459,351
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
+€1.5m
Investment
-€502,424
Financing
-€1.0m
Cash 2024
€7
From operations (derived)
+€1.5m
Net result for the year
+€459,351
Depreciation
+€296,713
Receivables within one year
+€1.0m
Deferred charges and accrued income
-€83,334
Provisions
-€27,970
Trade debts
+€5,652
Tax, wage and social debts
-€11,457
Advances received
-€20,944
Other debts
+€2,500
Accrued charges and deferred income
-€105,525
Investment (derived)
-€502,424
Investment in fixed assets (net)
-€502,424
Financing
-€1.0m
Debts after one year
-€1.0m
Contributions, distributions and other
+€3,486
Cash 2025
€7
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,753,086 | €40,039,845 | -€713,241 | -1.8% |
| Fixed assets | 21/28 | €37,199,465 | €37,405,176 | +€205,711 | +0.6% |
| Tangible fixed assets | 22/27 | €3,479,465 | €3,685,176 | +€205,711 | +5.9% |
| Land and buildings | 22 | €3,479,465 | €3,210,176 | -€269,289 | -7.7% |
| Assets under construction and advance payments | 27 | - | €475,000 | +€475,000 | |
| Financial fixed assets | 28 | €33,720,000 | €33,720,000 | = | 0.0% |
| Current assets | 29/58 | €3,553,621 | €2,634,669 | -€918,952 | -25.9% |
| Amounts receivable within one year | 40/41 | €3,442,847 | €2,440,561 | -€1.0m | -29.1% |
| Trade receivables | 40 | €189,335 | €121,263 | -€68,073 | -36.0% |
| Other amounts receivable | 41 | €3,253,512 | €2,319,298 | -€934,213 | -28.7% |
| Cash at bank and in hand | 54/58 | €7 | €7 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €110,767 | €194,102 | +€83,334 | +75.2% |
| Total equity and liabilities | 10/49 | €40,753,086 | €40,039,845 | -€713,241 | -1.8% |
| Equity | 10/15 | €17,591,688 | €18,054,526 | +€462,837 | +2.6% |
| Contributions | 10/11 | €7,399,238 | €7,399,238 | = | 0.0% |
| Capital | 10 | €7,399,238 | €7,399,238 | = | 0.0% |
| Issued capital | 100 | €7,399,238 | €7,399,238 | = | 0.0% |
| Revaluation surpluses | 12 | €464,654 | €464,654 | = | 0.0% |
| Reserves | 13 | €4,342,323 | €4,258,414 | -€83,909 | -1.9% |
| Non-distributable reserves | 130/1 | €739,924 | €739,924 | = | 0.0% |
| Legal reserve | 130 | €739,924 | €739,924 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,727,364 | €2,643,455 | -€83,909 | -3.1% |
| Distributable reserves | 133 | €875,035 | €875,035 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,385,474 | €5,928,734 | +€543,260 | +10.1% |
| Investment grants | 15 | - | €3,486 | +€3,486 | |
| Provisions and deferred taxes | 16 | €909,121 | €881,152 | -€27,970 | -3.1% |
| Deferred taxes | 168 | €909,121 | €881,152 | -€27,970 | -3.1% |
| Amounts payable | 17/49 | €22,252,276 | €21,104,168 | -€1.1m | -5.2% |
| Amounts payable after more than one year | 17 | €20,788,330 | €19,769,996 | -€1.0m | -4.9% |
| Financial debts | 170/4 | €20,788,330 | €19,769,996 | -€1.0m | -4.9% |
| Amounts payable within one year | 42/48 | €1,177,215 | €1,152,965 | -€24,249 | -2.1% |
| Current portion of amounts payable after more than one year | 42 | €1,018,334 | €1,018,334 | = | 0.0% |
| Trade debts | 44 | €24,588 | €30,240 | +€5,652 | +23.0% |
| Suppliers | 440/4 | €24,588 | €30,240 | +€5,652 | +23.0% |
| Advances received on contracts in progress | 46 | €59,406 | €38,461 | -€20,944 | -35.3% |
| Taxes, remuneration and social security | 45 | €49,987 | €38,530 | -€11,457 | -22.9% |
| Taxes | 450/3 | €49,987 | €38,530 | -€11,457 | -22.9% |
| Other amounts payable | 47/48 | €24,900 | €27,400 | +€2,500 | +10.0% |
| Accrued charges and deferred income | 492/3 | €286,732 | €181,207 | -€105,525 | -36.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €314,162 | €296,713 | -€17,449 | -5.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €56,135 | +€56,135 | |
| Other operating charges | 640/8 | €88,722 | €105,046 | +€16,324 | +18.4% |
| Gross operating margin | 9900 | €1,523,394 | €1,087,780 | -€435,614 | -28.6% |
| Operating profit (loss) | 9901 | €1,120,509 | €629,885 | -€490,624 | -43.8% |
| Financial income | 75/76B | €448,616 | €385,822 | -€62,795 | -14.0% |
| Recurring financial income | 75 | €448,616 | €385,822 | -€62,795 | -14.0% |
| Financial charges | 65/66B | €611,796 | €408,895 | -€202,901 | -33.2% |
| Recurring financial charges | 65 | €611,796 | €408,895 | -€202,901 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | €957,330 | €606,812 | -€350,518 | -36.6% |
| Transfer from deferred taxes | 780 | €27,665 | €27,970 | +€304 | +1.1% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €267,896 | €175,430 | -€92,466 | -34.5% |
| Profit (loss) for the period | 9904 | €717,099 | €459,351 | -€257,748 | -35.9% |
| Transfer from tax-exempt reserves | 789 | €82,996 | €83,909 | +€913 | +1.1% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €800,095 | €543,260 | -€256,835 | -32.1% |
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 24 October 2026 via checked.be.