DIFALUX: 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.
DIFALUX
Largest movements
- Tangible fixed assets -€88,955
down €88,955 (-3.9%), from €2.3m to €2.2m
of which Land and buildings: -€119,079
- Cash -€69,092
down €69,092 (-5.9%), from €1.2m to €1.1m
mainly Contributions, distributions and other (-€900,000) and Investment in fixed assets (net) (-€274,138)
- Debts after one year -€120,644
down €120,644 (-18.0%), from €668,559 to €547,914
- Other debts -€100,000
down €100,000 (-11.1%), from €900,000 to €800,000
- Reserves +€76,645
up €76,645 (+8.2%), from €939,774 to €1.0m
of which Distributable reserves: +€76,645
- Trade debts +€74,397
up €74,397 (+7.8%), from €947,981 to €1.0m
- Tax, wage and social debts -€50,014
down €50,014 (-29.7%), from €168,523 to €118,509
of which Remuneration and social security: -€50,249
- Staff costs +€68,893
up €68,893 (+4.4%), from €1.6m to €1.6m
- Gross operating margin +€65,087
up €65,087 (+2.0%), from €3.3m to €3.4m
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 | €4,124,820 | €3,975,198 | -€149,622 | -3.6% |
| Fixed assets | 21/28 | €2,274,272 | €2,185,318 | -€88,955 | -3.9% |
| Tangible fixed assets | 22/27 | €2,274,272 | €2,185,318 | -€88,955 | -3.9% |
| Land and buildings | 22 | €1,773,398 | €1,654,318 | -€119,079 | -6.7% |
| Plant, machinery and equipment | 23 | €232,323 | €193,513 | -€38,810 | -16.7% |
| Furniture and vehicles | 24 | €268,552 | €337,487 | +€68,935 | +25.7% |
| Current assets | 29/58 | €1,850,547 | €1,789,880 | -€60,667 | -3.3% |
| Stocks and contracts in progress | 3 | €244,651 | €276,421 | +€31,770 | +13.0% |
| Stocks | 30/36 | €244,651 | €276,421 | +€31,770 | +13.0% |
| Amounts receivable within one year | 40/41 | €364,494 | €351,357 | -€13,136 | -3.6% |
| Trade receivables | 40 | €354,544 | €345,957 | -€8,586 | -2.4% |
| Other amounts receivable | 41 | €9,950 | €5,400 | -€4,550 | -45.7% |
| Cash at bank and in hand | 54/58 | €1,164,748 | €1,095,655 | -€69,092 | -5.9% |
| Deferred charges and accrued income | 490/1 | €76,655 | €66,447 | -€10,209 | -13.3% |
| Total equity and liabilities | 10/49 | €4,124,820 | €3,975,198 | -€149,622 | -3.6% |
| Equity | 10/15 | €1,001,774 | €1,078,418 | +€76,645 | +7.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €939,774 | €1,016,418 | +€76,645 | +8.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €50,500 | €50,500 | = | 0.0% |
| Distributable reserves | 133 | €883,074 | €959,718 | +€76,645 | +8.7% |
| Provisions and deferred taxes | 16 | €580 | €580 | = | 0.0% |
| Deferred taxes | 168 | €580 | €580 | = | 0.0% |
| Amounts payable | 17/49 | €3,122,466 | €2,896,200 | -€226,266 | -7.2% |
| Amounts payable after more than one year | 17 | €668,559 | €547,914 | -€120,644 | -18.0% |
| Financial debts | 170/4 | €668,559 | €547,914 | -€120,644 | -18.0% |
| Amounts payable within one year | 42/48 | €2,453,845 | €2,348,207 | -€105,638 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €437,341 | €407,321 | -€30,021 | -6.9% |
| Trade debts | 44 | €947,981 | €1,022,378 | +€74,397 | +7.8% |
| Suppliers | 440/4 | €947,981 | €1,022,378 | +€74,397 | +7.8% |
| Taxes, remuneration and social security | 45 | €168,523 | €118,509 | -€50,014 | -29.7% |
| Taxes | 450/3 | €42,612 | €42,847 | +€235 | +0.6% |
| Remuneration and social security | 454/9 | €125,911 | €75,662 | -€50,249 | -39.9% |
| Other amounts payable | 47/48 | €900,000 | €800,000 | -€100,000 | -11.1% |
| Accrued charges and deferred income | 492/3 | €63 | €79 | +€16 | +25.0% |
| Non-recurring operating income | 76A | €5,016 | €1,125 | -€3,891 | -77.6% |
| Remuneration, social security and pensions | 62 | €1,562,311 | €1,631,204 | +€68,893 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €338,010 | €363,092 | +€25,082 | +7.4% |
| Other operating charges | 640/8 | €47,560 | €28,037 | -€19,523 | -41.0% |
| Non-recurring operating charges | 66A | €513 | €341 | -€172 | -33.5% |
| Gross operating margin | 9900 | €3,289,386 | €3,354,473 | +€65,087 | +2.0% |
| Operating profit (loss) | 9901 | €1,340,992 | €1,331,800 | -€9,192 | -0.7% |
| Financial income | 75/76B | €4,442 | €3,843 | -€599 | -13.5% |
| Recurring financial income | 75 | €4,442 | €3,843 | -€599 | -13.5% |
| Financial charges | 65/66B | €44,886 | €46,635 | +€1,749 | +3.9% |
| Recurring financial charges | 65 | €44,886 | €46,635 | +€1,749 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €1,300,547 | €1,289,007 | -€11,540 | -0.9% |
| Income taxes | 67/77 | €318,936 | €312,363 | -€6,573 | -2.1% |
| Profit (loss) for the period | 9904 | €981,612 | €976,645 | -€4,967 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €981,612 | €976,645 | -€4,967 | -0.5% |
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 27 October 2026 via checked.be.