DIAZ IMMO: 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.
DIAZ IMMO
Largest movements
- Stocks and contracts +€1.8m
up €1.8m (+262%), from €690,674 to €2.5m
- Cash +€235,244
up €235,244 (+2,173%), from €10,827 to €246,070
- Current portion of long-term debt +€952,130
up €952,130 (+317%), from €300,000 to €1.3m
- Advances received +€799,777
new in 2025: €799,777
- Trade debts +€289,618
up €289,618 (+437%), from €66,323 to €355,941
- Other debts +€43,000
up €43,000 (+57.3%), from €75,000 to €118,000
- Profit (loss) carried forward -€32,502
down €32,502 (-93.3%), from -€34,846 to -€67,349
- Gross operating margin +€107,560
up €107,560, from -€9,602 to €97,959
- Financial charges +€88,719
up €88,719 (+1,230%), from €7,212 to €95,931
- Other operating charges +€1,420
up €1,420 (+82.5%), from €1,722 to €3,141
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €707,355 | €2,759,200 | +€2.1m | +290% |
| Formation expenses | 20 | €294 | - | -€294 | |
| Fixed assets | 21/28 | - | €12,795 | +€12,795 | |
| Financial fixed assets | 28 | - | €12,795 | +€12,795 | |
| Current assets | 29/58 | €707,061 | €2,746,406 | +€2.0m | +288% |
| Stocks and contracts in progress | 3 | €690,674 | €2,497,528 | +€1.8m | +262% |
| Stocks | 30/36 | €690,674 | €2,497,528 | +€1.8m | +262% |
| Amounts receivable within one year | 40/41 | €5,536 | €2,807 | -€2,728 | -49.3% |
| Other amounts receivable | 41 | €5,536 | €2,807 | -€2,728 | -49.3% |
| Cash at bank and in hand | 54/58 | €10,827 | €246,070 | +€235,244 | +2,173% |
| Deferred charges and accrued income | 490/1 | €25 | - | -€25 | |
| Total equity and liabilities | 10/49 | €707,355 | €2,759,200 | +€2.1m | +290% |
| Equity | 10/15 | €265,154 | €232,651 | -€32,502 | -12.3% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,846 | -€67,349 | -€32,502 | -93.3% |
| Amounts payable | 17/49 | €442,201 | €2,526,549 | +€2.1m | +471% |
| Amounts payable within one year | 42/48 | €441,323 | €2,525,848 | +€2.1m | +472% |
| Current portion of amounts payable after more than one year | 42 | €300,000 | €1,252,130 | +€952,130 | +317% |
| Trade debts | 44 | €66,323 | €355,941 | +€289,618 | +437% |
| Suppliers | 440/4 | €66,323 | €355,941 | +€289,618 | +437% |
| Advances received on contracts in progress | 46 | - | €799,777 | +€799,777 | |
| Other amounts payable | 47/48 | €75,000 | €118,000 | +€43,000 | +57.3% |
| Accrued charges and deferred income | 492/3 | €878 | €701 | -€178 | -20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €392 | - | -€392 | |
| Other operating charges | 640/8 | €1,722 | €3,141 | +€1,420 | +82.5% |
| Gross operating margin | 9900 | -€9,602 | €97,959 | +€107,560 | |
| Operating profit (loss) | 9901 | -€11,715 | €94,817 | +€106,532 | |
| Financial charges | 65/66B | €7,212 | €95,931 | +€88,719 | +1,230% |
| Recurring financial charges | 65 | €7,212 | €95,931 | +€88,719 | +1,230% |
| Profit (loss) for the period before taxes | 9903 | -€18,927 | -€1,114 | +€17,814 | +94.1% |
| Profit (loss) for the period | 9904 | -€18,927 | -€1,114 | +€17,814 | +94.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,927 | -€1,114 | +€17,814 | +94.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.