DIELS: 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.
DIELS
Largest movements
- Current investments +€500,000
new in 2025: €500,000
- Cash -€219,584
down €219,584 (-30.2%), from €728,221 to €508,637
mainly Current investments (-€500,000) and Other debts (-€8,164)
- Receivables within one year -€42,686
down €42,686 (-13.1%), from €326,576 to €283,890
of which Trade receivables: -€45,451
- Reserves +€190,932
up €190,932 (+31.6%), from €604,697 to €795,629
- Trade debts +€50,873
up €50,873 (+56.9%), from €89,403 to €140,275
- Gross operating margin +€7,763
up €7,763 (+2.8%), from €281,279 to €289,043
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 | €1,126,277 | €1,353,893 | +€227,615 | +20.2% |
| Fixed assets | 21/28 | €47,866 | €35,095 | -€12,771 | -26.7% |
| Tangible fixed assets | 22/27 | €47,866 | €35,095 | -€12,771 | -26.7% |
| Land and buildings | 22 | €4,206 | €3,398 | -€808 | -19.2% |
| Plant, machinery and equipment | 23 | €1,824 | €1,456 | -€368 | -20.2% |
| Furniture and vehicles | 24 | €41,836 | €30,240 | -€11,596 | -27.7% |
| Current assets | 29/58 | €1,078,411 | €1,318,798 | +€240,387 | +22.3% |
| Stocks and contracts in progress | 3 | €20,791 | €26,102 | +€5,311 | +25.5% |
| Stocks | 30/36 | €20,791 | €26,102 | +€5,311 | +25.5% |
| Amounts receivable within one year | 40/41 | €326,576 | €283,890 | -€42,686 | -13.1% |
| Trade receivables | 40 | €326,302 | €280,851 | -€45,451 | -13.9% |
| Other amounts receivable | 41 | €273 | €3,038 | +€2,765 | +1011.1% |
| Current investments | 50/53 | - | €500,000 | +€500,000 | |
| Cash at bank and in hand | 54/58 | €728,221 | €508,637 | -€219,584 | -30.2% |
| Deferred charges and accrued income | 490/1 | €2,824 | €170 | -€2,654 | -94.0% |
| Total equity and liabilities | 10/49 | €1,126,277 | €1,353,893 | +€227,615 | +20.2% |
| Equity | 10/15 | €617,108 | €808,040 | +€190,932 | +30.9% |
| Contributions | 10/11 | €12,411 | €12,411 | = | 0.0% |
| Reserves | 13 | €604,697 | €795,629 | +€190,932 | +31.6% |
| Distributable reserves | 133 | €604,697 | €795,629 | +€190,932 | +31.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €509,169 | €545,853 | +€36,683 | +7.2% |
| Amounts payable within one year | 42/48 | €509,169 | €545,853 | +€36,683 | +7.2% |
| Trade debts | 44 | €89,403 | €140,275 | +€50,873 | +56.9% |
| Suppliers | 440/4 | €89,403 | €140,275 | +€50,873 | +56.9% |
| Taxes, remuneration and social security | 45 | €42,703 | €36,677 | -€6,026 | -14.1% |
| Taxes | 450/3 | €42,703 | €36,677 | -€6,026 | -14.1% |
| Other amounts payable | 47/48 | €377,064 | €368,901 | -€8,164 | -2.2% |
| Remuneration, social security and pensions | 62 | €0 | €230 | +€230 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,631 | €12,771 | +€2,141 | +20.1% |
| Other operating charges | 640/8 | €1,199 | €1,509 | +€310 | +25.9% |
| Gross operating margin | 9900 | €281,279 | €289,043 | +€7,763 | +2.8% |
| Operating profit (loss) | 9901 | €269,450 | €274,532 | +€5,082 | +1.9% |
| Financial income | 75/76B | €10,726 | €8,805 | -€1,921 | -17.9% |
| Recurring financial income | 75 | €10,726 | €8,805 | -€1,921 | -17.9% |
| Financial charges | 65/66B | €18 | €19 | +€2 | +8.9% |
| Recurring financial charges | 65 | €18 | €19 | +€2 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €280,158 | €283,317 | +€3,159 | +1.1% |
| Income taxes | 67/77 | €90,913 | €92,385 | +€1,472 | +1.6% |
| Profit (loss) for the period | 9904 | €189,245 | €190,932 | +€1,687 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €189,245 | €190,932 | +€1,687 | +0.9% |
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 30 September 2026 via checked.be.