DIFAB ENGINEERING: what changed
DIFAB ENGINEERING
Largest movements
- Tangible fixed assets -€39,805
down €39,805 (-6.2%), from €646,616 to €606,811
of which Furniture and vehicles: -€41,005
- Cash +€18,009
up €18,009 (+39.4%), from €45,751 to €63,760
mainly Net result for the year (+€87,584) and Depreciation (+€62,602)
- Reserves +€87,584
up €87,584 (+21.6%), from €405,039 to €492,623
- Other debts -€81,846
down €81,846 (-100%), from €81,846 to €0
- Tax, wage and social debts +€28,897
up €28,897 (+989%), from €2,922 to €31,819
of which Taxes: +€28,897
- Current portion of long-term debt -€26,616
down €26,616 (-64.8%), from €41,055 to €14,439
- Advances received -€14,520
down €14,520 (-100%), from €14,520 to €0
- Gross operating margin +€66,928
up €66,928 (+48.6%), from €137,742 to €204,670
- Taxes +€23,610
up €23,610 (+97.8%), from €24,134 to €47,745
- Depreciation +€8,082
up €8,082 (+14.8%), from €54,520 to €62,602
- Financial charges -€6,645
down €6,645 (-73.8%), from €9,008 to €2,363
- Staff costs -€2,067
down €2,067, from €2,020 to -€46
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €710,316 | €686,916 | -€23,399 | -3.3% |
| Fixed assets | 21/28 | €646,776 | €606,971 | -€39,805 | -6.2% |
| Tangible fixed assets | 22/27 | €646,616 | €606,811 | -€39,805 | -6.2% |
| Land and buildings | 22 | €512,339 | €513,850 | +€1,511 | +0.3% |
| Plant, machinery and equipment | 23 | €1,951 | €1,641 | -€311 | -15.9% |
| Furniture and vehicles | 24 | €132,326 | €91,321 | -€41,005 | -31.0% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €63,540 | €79,945 | +€16,405 | +25.8% |
| Amounts receivable within one year | 40/41 | €15,204 | €12,996 | -€2,207 | -14.5% |
| Trade receivables | 40 | €9,086 | €5,603 | -€3,484 | -38.3% |
| Other amounts receivable | 41 | €6,117 | €7,393 | +€1,276 | +20.9% |
| Cash at bank and in hand | 54/58 | €45,751 | €63,760 | +€18,009 | +39.4% |
| Deferred charges and accrued income | 490/1 | €2,585 | €3,189 | +€604 | +23.3% |
| Total equity and liabilities | 10/49 | €710,316 | €686,916 | -€23,399 | -3.3% |
| Equity | 10/15 | €417,439 | €505,023 | +€87,584 | +21.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €405,039 | €492,623 | +€87,584 | +21.6% |
| Distributable reserves | 133 | €405,039 | €492,623 | +€87,584 | +21.6% |
| Amounts payable | 17/49 | €292,876 | €181,893 | -€110,983 | -37.9% |
| Amounts payable after more than one year | 17 | €141,103 | €126,665 | -€14,439 | -10.2% |
| Financial debts | 170/4 | €141,103 | €126,665 | -€14,439 | -10.2% |
| Amounts payable within one year | 42/48 | €145,724 | €54,572 | -€91,153 | -62.6% |
| Current portion of amounts payable after more than one year | 42 | €41,055 | €14,439 | -€26,616 | -64.8% |
| Trade debts | 44 | €5,381 | €8,314 | +€2,933 | +54.5% |
| Suppliers | 440/4 | €5,381 | €8,314 | +€2,933 | +54.5% |
| Advances received on contracts in progress | 46 | €14,520 | €0 | -€14,520 | -100% |
| Taxes, remuneration and social security | 45 | €2,922 | €31,819 | +€28,897 | +989% |
| Taxes | 450/3 | €2,922 | €31,819 | +€28,897 | +989% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €81,846 | €0 | -€81,846 | -100% |
| Accrued charges and deferred income | 492/3 | €6,049 | €657 | -€5,392 | -89.1% |
| Remuneration, social security and pensions | 62 | €2,020 | -€46 | -€2,067 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,520 | €62,602 | +€8,082 | +14.8% |
| Other operating charges | 640/8 | €5,543 | €4,528 | -€1,016 | -18.3% |
| Gross operating margin | 9900 | €137,742 | €204,670 | +€66,928 | +48.6% |
| Operating profit (loss) | 9901 | €75,659 | €137,587 | +€61,928 | +81.9% |
| Financial income | 75/76B | €159 | €105 | -€54 | -33.8% |
| Recurring financial income | 75 | €159 | €105 | -€54 | -33.8% |
| Financial charges | 65/66B | €9,008 | €2,363 | -€6,645 | -73.8% |
| Recurring financial charges | 65 | €9,008 | €2,363 | -€6,645 | -73.8% |
| Profit (loss) for the period before taxes | 9903 | €66,810 | €135,328 | +€68,519 | +103% |
| Income taxes | 67/77 | €24,134 | €47,745 | +€23,610 | +97.8% |
| Profit (loss) for the period | 9904 | €42,675 | €87,584 | +€44,909 | +105% |
| Profit (loss) for the period to be appropriated | 9905 | €42,675 | €87,584 | +€44,909 | +105% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.