DIAMOND LINE: 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.
DIAMOND LINE
Largest movements
- Cash -€160,893
down €160,893 (-30.9%), from €519,965 to €359,072
mainly Other debts (-€86,523) and Deferred charges and accrued income (-€26,667)
- Deferred charges and accrued income +€26,667
new in 2025: €26,667
- Receivables within one year +€24,314
up €24,314 (+103%), from €23,524 to €47,837
of which Trade receivables: +€24,905
- Stocks and contracts +€23,834
up €23,834 (+6.6%), from €360,406 to €384,240
- Other debts -€86,523
down €86,523 (-78.6%), from €110,065 to €23,542
- Reserves +€16,774
up €16,774 (+2.5%), from €666,647 to €683,421
of which Distributable reserves: +€16,774
- Trade debts -€11,005
down €11,005 (-11.2%), from €98,137 to €87,132
- Financial charges +€85,421
up €85,421 (+222%), from €38,537 to €123,958
- Gross operating margin +€75,190
up €75,190 (+477%), from €15,753 to €90,943
- Financial income -€4,769
down €4,769 (-7.2%), from €66,502 to €61,734
- Taxes +€2,626
up €2,626 (+53.5%), from €4,905 to €7,531
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 | €905,944 | €822,523 | -€83,421 | -9.2% |
| Fixed assets | 21/28 | €2,050 | €4,708 | +€2,658 | +130% |
| Tangible fixed assets | 22/27 | €1,576 | €4,234 | +€2,658 | +169% |
| Plant, machinery and equipment | 23 | €1,163 | €4,234 | +€3,071 | +264% |
| Furniture and vehicles | 24 | €413 | - | -€413 | |
| Financial fixed assets | 28 | €474 | €474 | = | 0.0% |
| Current assets | 29/58 | €903,894 | €817,815 | -€86,079 | -9.5% |
| Stocks and contracts in progress | 3 | €360,406 | €384,240 | +€23,834 | +6.6% |
| Stocks | 30/36 | €360,406 | €384,240 | +€23,834 | +6.6% |
| Amounts receivable within one year | 40/41 | €23,524 | €47,837 | +€24,314 | +103% |
| Trade receivables | 40 | €21,676 | €46,581 | +€24,905 | +115% |
| Other amounts receivable | 41 | €1,848 | €1,256 | -€591 | -32.0% |
| Cash at bank and in hand | 54/58 | €519,965 | €359,072 | -€160,893 | -30.9% |
| Deferred charges and accrued income | 490/1 | - | €26,667 | +€26,667 | |
| Total equity and liabilities | 10/49 | €905,944 | €822,523 | -€83,421 | -9.2% |
| Equity | 10/15 | €685,239 | €702,013 | +€16,774 | +2.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €666,647 | €683,421 | +€16,774 | +2.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,584 | €3,584 | = | 0.0% |
| Distributable reserves | 133 | €661,204 | €677,978 | +€16,774 | +2.5% |
| Amounts payable | 17/49 | €220,705 | €120,510 | -€100,195 | -45.4% |
| Amounts payable within one year | 42/48 | €220,705 | €120,510 | -€100,195 | -45.4% |
| Trade debts | 44 | €98,137 | €87,132 | -€11,005 | -11.2% |
| Suppliers | 440/4 | €98,137 | €87,132 | -€11,005 | -11.2% |
| Taxes, remuneration and social security | 45 | €12,503 | €9,836 | -€2,666 | -21.3% |
| Taxes | 450/3 | €12,503 | €9,836 | -€2,666 | -21.3% |
| Other amounts payable | 47/48 | €110,065 | €23,542 | -€86,523 | -78.6% |
| Remuneration, social security and pensions | 62 | €56 | - | -€56 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,659 | €2,511 | +€852 | +51.4% |
| Other operating charges | 640/8 | €1,638 | €1,903 | +€265 | +16.2% |
| Non-recurring operating charges | 66A | €250 | - | -€250 | |
| Gross operating margin | 9900 | €15,753 | €90,943 | +€75,190 | +477% |
| Operating profit (loss) | 9901 | €12,151 | €86,529 | +€74,378 | +612% |
| Financial income | 75/76B | €66,502 | €61,734 | -€4,769 | -7.2% |
| Recurring financial income | 75 | €66,502 | €61,734 | -€4,769 | -7.2% |
| Financial charges | 65/66B | €38,537 | €123,958 | +€85,421 | +222% |
| Recurring financial charges | 65 | €38,537 | €123,958 | +€85,421 | +222% |
| Profit (loss) for the period before taxes | 9903 | €40,116 | €24,305 | -€15,812 | -39.4% |
| Income taxes | 67/77 | €4,905 | €7,531 | +€2,626 | +53.5% |
| Profit (loss) for the period | 9904 | €35,211 | €16,774 | -€18,437 | -52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,211 | €16,774 | -€18,437 | -52.4% |
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 23 October 2026 via checked.be.