DIECIOCHO: 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.
DIECIOCHO
Largest movements
- Tangible fixed assets -€3,349
down €3,349 (-15.9%), from €21,092 to €17,744
of which Plant, machinery and equipment: -€3,706
- Cash -€2,982
down €2,982 (-72.8%), from €4,098 to €1,116
mainly Net result for the year (-€19,084) and Tax, wage and social debts (-€12,896)
- Other debts +€27,060
up €27,060 (+39.5%), from €68,459 to €95,519
- Profit (loss) carried forward -€19,084
down €19,084 (-20.9%), from -€91,154 to -€110,238
- Tax, wage and social debts -€12,896
down €12,896 (-70.9%), from €18,178 to €5,282
of which Remuneration and social security: -€11,282
- Trade debts -€1,411
down €1,411 (-14.8%), from €9,508 to €8,097
- Staff costs -€16,521
down €16,521 (-52.0%), from €31,781 to €15,260
- Gross operating margin -€7,741
down €7,741 (-84.0%), from €9,221 to €1,480
- Financial charges -€427
down €427 (-39.3%), from €1,086 to €659
- Depreciation +€259
up €259 (+7.4%), from €3,510 to €3,769
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.
Cash bridge derived
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 | €28,990 | €22,660 | -€6,331 | -21.8% |
| Fixed assets | 21/28 | €24,892 | €21,544 | -€3,349 | -13.5% |
| Tangible fixed assets | 22/27 | €21,092 | €17,744 | -€3,349 | -15.9% |
| Plant, machinery and equipment | 23 | €21,092 | €17,387 | -€3,706 | -17.6% |
| Furniture and vehicles | 24 | - | €357 | +€357 | |
| Financial fixed assets | 28 | €3,800 | €3,800 | = | 0.0% |
| Current assets | 29/58 | €4,098 | €1,116 | -€2,982 | -72.8% |
| Cash at bank and in hand | 54/58 | €4,098 | €1,116 | -€2,982 | -72.8% |
| Total equity and liabilities | 10/49 | €28,990 | €22,660 | -€6,331 | -21.8% |
| Equity | 10/15 | -€67,154 | -€86,238 | -€19,084 | -28.4% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,154 | -€110,238 | -€19,084 | -20.9% |
| Amounts payable | 17/49 | €96,144 | €108,898 | +€12,753 | +13.3% |
| Amounts payable within one year | 42/48 | €96,144 | €108,898 | +€12,753 | +13.3% |
| Trade debts | 44 | €9,508 | €8,097 | -€1,411 | -14.8% |
| Suppliers | 440/4 | €9,508 | €8,097 | -€1,411 | -14.8% |
| Taxes, remuneration and social security | 45 | €18,178 | €5,282 | -€12,896 | -70.9% |
| Taxes | 450/3 | €6,896 | €5,282 | -€1,614 | -23.4% |
| Remuneration and social security | 454/9 | €11,282 | - | -€11,282 | |
| Other amounts payable | 47/48 | €68,459 | €95,519 | +€27,060 | +39.5% |
| Remuneration, social security and pensions | 62 | €31,781 | €15,260 | -€16,521 | -52.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,510 | €3,769 | +€259 | +7.4% |
| Other operating charges | 640/8 | €862 | €876 | +€13 | +1.5% |
| Gross operating margin | 9900 | €9,221 | €1,480 | -€7,741 | -84.0% |
| Operating profit (loss) | 9901 | -€26,932 | -€18,425 | +€8,507 | +31.6% |
| Financial charges | 65/66B | €1,086 | €659 | -€427 | -39.3% |
| Recurring financial charges | 65 | €1,086 | €659 | -€427 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | -€28,018 | -€19,084 | +€8,934 | +31.9% |
| Profit (loss) for the period | 9904 | -€28,018 | -€19,084 | +€8,934 | +31.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,018 | -€19,084 | +€8,934 | +31.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.