DIEGEM IV: what changed
Two fiscal 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
DIEGEM IV
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€39,030
2024 · €10,222-€49,251
Equity
€258,659
2024 · €297,689-€39,030
Cash
€11,421
2024 · €22,311-€10,889
Balance sheet total
€1.3m
2024 · €1.5m-€214,955
Largest movements
Assets
- Tangible fixed assets -€233,329
down €233,329 (-15.8%), from €1.5m to €1.2m
of which Land and buildings: -€254,467
- Receivables within one year +€31,218
new in 2025: €31,218
Equity and liabilities
- Debts after one year -€186,485
down €186,485 (-25.1%), from €743,298 to €556,813
of which Financial debts: -€196,985
- Profit (loss) carried forward -€24,855
down €24,855 (-29.1%), from -€85,352 to -€110,207
Income statement
- Other operating charges +€31,565
up €31,565 (+175.4%), from €17,999 to €49,564
- Gross operating margin -€27,515
down €27,515 (-26.9%), from €102,184 to €74,669
- Depreciation -€9,214
down €9,214 (-18.3%), from €50,304 to €41,089
- Financial income +€1,515
up €1,515 (+310.7%), from €487 to €2,002
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
€10,222
Gross operating margin
-€27,515
Depreciation
+€9,214
Other operating charges
-€31,565
Financial income
+€1,515
Financial charges
-€265
Taxes
-€334
Deferred taxes and other
-€301
Result 2025
-€39,030
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.
From operations
-€3,815
Investment
+€192,239
Financing
-€199,314
Cash 2024
€22,311
From operations (derived)
-€3,815
Net result for the year
-€39,030
Depreciation
+€41,089
Receivables within one year
-€31,218
Deferred charges and accrued income
+€1,955
Provisions
-€4,725
Trade debts
+€14,810
Tax, wage and social debts
+€342
Other debts
+€11,521
Accrued charges and deferred income
+€1,440
Investment (derived)
+€192,239
Investment in fixed assets (net)
+€192,239
Financing
-€199,314
Debts after one year
-€186,485
Current portion of long-term debt
-€12,828
Cash 2025
€11,421
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,500,507 | €1,285,552 | -€214,955 | -14.3% |
| Fixed assets | 21/28 | €1,476,241 | €1,242,913 | -€233,329 | -15.8% |
| Tangible fixed assets | 22/27 | €1,476,241 | €1,242,913 | -€233,329 | -15.8% |
| Land and buildings | 22 | €1,472,771 | €1,218,304 | -€254,467 | -17.3% |
| Furniture and vehicles | 24 | €3,470 | €8,809 | +€5,339 | +153.9% |
| Leasing and similar rights | 25 | - | €799 | +€799 | |
| Assets under construction and advance payments | 27 | - | €15,000 | +€15,000 | |
| Current assets | 29/58 | €24,266 | €42,640 | +€18,374 | +75.7% |
| Amounts receivable within one year | 40/41 | - | €31,218 | +€31,218 | |
| Other amounts receivable | 41 | - | €31,218 | +€31,218 | |
| Cash at bank and in hand | 54/58 | €22,311 | €11,421 | -€10,889 | -48.8% |
| Deferred charges and accrued income | 490/1 | €1,955 | - | -€1,955 | |
| Total equity and liabilities | 10/49 | €1,500,507 | €1,285,552 | -€214,955 | -14.3% |
| Equity | 10/15 | €297,689 | €258,659 | -€39,030 | -13.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €364,441 | €350,266 | -€14,175 | -3.9% |
| Tax-exempt reserves | 132 | €364,441 | €350,266 | -€14,175 | -3.9% |
| Profit (loss) carried forward | 14 | -€85,352 | -€110,207 | -€24,855 | -29.1% |
| Provisions and deferred taxes | 16 | €121,480 | €116,755 | -€4,725 | -3.9% |
| Deferred taxes | 168 | €121,480 | €116,755 | -€4,725 | -3.9% |
| Amounts payable | 17/49 | €1,081,338 | €910,138 | -€171,200 | -15.8% |
| Amounts payable after more than one year | 17 | €743,298 | €556,813 | -€186,485 | -25.1% |
| Financial debts | 170/4 | €735,198 | €538,213 | -€196,985 | -26.8% |
| Other amounts payable | 178/9 | €8,100 | €18,600 | +€10,500 | +129.6% |
| Amounts payable within one year | 42/48 | €338,040 | €351,885 | +€13,845 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €58,204 | €45,376 | -€12,828 | -22.0% |
| Trade debts | 44 | €17,726 | €32,536 | +€14,810 | +83.5% |
| Suppliers | 440/4 | €17,726 | €32,536 | +€14,810 | +83.5% |
| Taxes, remuneration and social security | 45 | €271 | €613 | +€342 | +126.3% |
| Taxes | 450/3 | €271 | €613 | +€342 | +126.3% |
| Other amounts payable | 47/48 | €261,839 | €273,360 | +€11,521 | +4.4% |
| Accrued charges and deferred income | 492/3 | - | €1,440 | +€1,440 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,304 | €41,089 | -€9,214 | -18.3% |
| Other operating charges | 640/8 | €17,999 | €49,564 | +€31,565 | +175.4% |
| Gross operating margin | 9900 | €102,184 | €74,669 | -€27,515 | -26.9% |
| Operating profit (loss) | 9901 | €33,881 | -€15,984 | -€49,865 | |
| Financial income | 75/76B | €487 | €2,002 | +€1,515 | +310.7% |
| Recurring financial income | 75 | €487 | €2,002 | +€1,515 | +310.7% |
| Financial charges | 65/66B | €29,034 | €29,299 | +€265 | +0.9% |
| Recurring financial charges | 65 | €29,034 | €29,299 | +€265 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €5,335 | -€43,281 | -€48,616 | |
| Transfer from deferred taxes | 780 | €5,026 | €4,725 | -€301 | -6.0% |
| Income taxes | 67/77 | €140 | €474 | +€334 | +239.6% |
| Profit (loss) for the period | 9904 | €10,222 | -€39,030 | -€49,251 | |
| Transfer from tax-exempt reserves | 789 | €15,079 | €14,175 | -€904 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,300 | -€24,855 | -€50,156 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.