Diels & Van Eylen: 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.
Diels & Van Eylen
Largest movements
- Receivables after one year -€354,127
down €354,127 (-66.2%), from €535,327 to €181,200
- Tangible fixed assets +€163,458
up €163,458 (+54.8%), from €298,541 to €461,999
of which Land and buildings: +€166,725
- Cash +€59,271
up €59,271 (+21.1%), from €281,440 to €340,711
mainly Receivables after one year (+€354,127) and Other debts (+€47,477)
- Receivables within one year +€41,546
up €41,546 (+127%), from €32,624 to €74,170
of which Trade receivables: +€35,100
- Profit (loss) carried forward -€96,780
down €96,780 (-100%), from €96,780 to €0
- Other debts +€47,477
up €47,477, from €0 to €47,477
- Reserves -€36,824
down €36,824 (-5.9%), from €622,442 to €585,618
of which Distributable reserves: -€30,000
- Gross operating margin -€35,209
down €35,209, from €29,042 to -€6,168
- Depreciation +€11,492
up €11,492 (+378%), from €3,044 to €14,536
- Taxes -€10,057
down €10,057 (-92.7%), from €10,850 to €793
- Financial income -€7,023
down €7,023 (-27.7%), from €25,360 to €18,336
- Financial charges +€4,076
up €4,076 (+138%), from €2,961 to €7,037
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 | €1,164,743 | €1,077,414 | -€87,328 | -7.5% |
| Fixed assets | 21/28 | €298,541 | €461,999 | +€163,458 | +54.8% |
| Tangible fixed assets | 22/27 | €298,541 | €461,999 | +€163,458 | +54.8% |
| Land and buildings | 22 | €266,057 | €432,782 | +€166,725 | +62.7% |
| Furniture and vehicles | 24 | €2,069 | €2,938 | +€870 | +42.0% |
| Other tangible fixed assets | 26 | €30,415 | €26,278 | -€4,137 | -13.6% |
| Current assets | 29/58 | €866,201 | €615,416 | -€250,786 | -29.0% |
| Amounts receivable after more than one year | 29 | €535,327 | €181,200 | -€354,127 | -66.2% |
| Other amounts receivable | 291 | €535,327 | €181,200 | -€354,127 | -66.2% |
| Amounts receivable within one year | 40/41 | €32,624 | €74,170 | +€41,546 | +127% |
| Trade receivables | 40 | €6,213 | €41,313 | +€35,100 | +565% |
| Other amounts receivable | 41 | €26,411 | €32,857 | +€6,446 | +24.4% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €281,440 | €340,711 | +€59,271 | +21.1% |
| Deferred charges and accrued income | 490/1 | €16,561 | €19,085 | +€2,524 | +15.2% |
| Total equity and liabilities | 10/49 | €1,164,743 | €1,077,414 | -€87,328 | -7.5% |
| Equity | 10/15 | €739,681 | €606,078 | -€133,604 | -18.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €622,442 | €585,618 | -€36,824 | -5.9% |
| Tax-exempt reserves | 132 | €587,442 | €580,618 | -€6,824 | -1.2% |
| Distributable reserves | 133 | €35,000 | €5,000 | -€30,000 | -85.7% |
| Profit (loss) carried forward | 14 | €96,780 | €0 | -€96,780 | -100% |
| Provisions and deferred taxes | 16 | €195,814 | €193,539 | -€2,275 | -1.2% |
| Deferred taxes | 168 | €195,814 | €193,539 | -€2,275 | -1.2% |
| Amounts payable | 17/49 | €229,247 | €277,798 | +€48,550 | +21.2% |
| Amounts payable after more than one year | 17 | €200,639 | €198,113 | -€2,526 | -1.3% |
| Financial debts | 170/4 | €200,639 | €198,113 | -€2,526 | -1.3% |
| Amounts payable within one year | 42/48 | €28,608 | €79,685 | +€51,077 | +179% |
| Current portion of amounts payable after more than one year | 42 | €12,475 | €13,515 | +€1,040 | +8.3% |
| Trade debts | 44 | €6,698 | €8,897 | +€2,200 | +32.8% |
| Suppliers | 440/4 | €6,698 | €8,897 | +€2,200 | +32.8% |
| Taxes, remuneration and social security | 45 | €9,435 | €9,796 | +€361 | +3.8% |
| Taxes | 450/3 | €9,435 | €9,796 | +€361 | +3.8% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €0 | €47,477 | +€47,477 | |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,044 | €14,536 | +€11,492 | +378% |
| Other operating charges | 640/8 | €1,583 | €1,204 | -€379 | -23.9% |
| Gross operating margin | 9900 | €29,042 | -€6,168 | -€35,209 | |
| Operating profit (loss) | 9901 | €24,415 | -€21,907 | -€46,323 | |
| Financial income | 75/76B | €25,360 | €18,336 | -€7,023 | -27.7% |
| Recurring financial income | 75 | €25,360 | €18,336 | -€7,023 | -27.7% |
| Financial charges | 65/66B | €2,961 | €7,037 | +€4,076 | +138% |
| Recurring financial charges | 65 | €2,961 | €7,037 | +€4,076 | +138% |
| Profit (loss) for the period before taxes | 9903 | €46,814 | -€10,608 | -€57,422 | |
| Transfer from deferred taxes | 780 | €26 | €2,275 | +€2,249 | +8,806% |
| Transfer to deferred taxes | 680 | - | €0 | = | |
| Income taxes | 67/77 | €10,850 | €793 | -€10,057 | -92.7% |
| Profit (loss) for the period | 9904 | €35,990 | -€9,127 | -€45,117 | |
| Transfer from tax-exempt reserves | 789 | €77 | €6,824 | +€6,747 | +8,804% |
| Transfer to tax-exempt reserves | 689 | - | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €36,066 | -€2,303 | -€38,369 |
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 20 October 2026 via checked.be.