DIFAR: 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.
DIFAR
Largest movements
- Receivables within one year -€13,410
down €13,410 (-74.3%), from €18,054 to €4,643
of which Trade receivables: -€15,151
- Tangible fixed assets -€12,393
down €12,393 (-6.6%), from €187,518 to €175,125
of which Other tangible fixed assets: -€9,670
- Cash -€9,677
down €9,677 (-28.7%), from €33,675 to €23,998
mainly Debts after one year (-€23,358) and Investment in fixed assets (net) (-€22,351)
- Stocks and contracts +€2,973
up €2,973 (+34.5%), from €8,609 to €11,582
- Debts after one year -€23,358
down €23,358 (-42.0%), from €55,583 to €32,225
- Tax, wage and social debts -€4,119
down €4,119 (-35.4%), from €11,630 to €7,511
- Current portion of long-term debt -€3,014
down €3,014 (-11.4%), from €26,372 to €23,358
- Gross operating margin -€20,608
down €20,608 (-28.1%), from €73,400 to €52,793
- Taxes -€7,588
down €7,588 (-77.0%), from €9,855 to €2,266
- Other operating charges +€1,397
up €1,397 (+53.5%), from €2,613 to €4,010
- Financial charges -€1,094
down €1,094 (-11.8%), from €9,252 to €8,158
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 | €249,017 | €215,718 | -€33,299 | -13.4% |
| Fixed assets | 21/28 | €187,518 | €175,125 | -€12,393 | -6.6% |
| Tangible fixed assets | 22/27 | €187,518 | €175,125 | -€12,393 | -6.6% |
| Land and buildings | 22 | €20,000 | €20,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €13,528 | €12,990 | -€539 | -4.0% |
| Furniture and vehicles | 24 | €64,940 | €62,755 | -€2,185 | -3.4% |
| Other tangible fixed assets | 26 | €89,050 | €79,380 | -€9,670 | -10.9% |
| Current assets | 29/58 | €61,499 | €40,593 | -€20,906 | -34.0% |
| Stocks and contracts in progress | 3 | €8,609 | €11,582 | +€2,973 | +34.5% |
| Stocks | 30/36 | €8,609 | €11,582 | +€2,973 | +34.5% |
| Amounts receivable within one year | 40/41 | €18,054 | €4,643 | -€13,410 | -74.3% |
| Trade receivables | 40 | €15,151 | - | -€15,151 | |
| Other amounts receivable | 41 | €2,903 | €4,643 | +€1,740 | +60.0% |
| Cash at bank and in hand | 54/58 | €33,675 | €23,998 | -€9,677 | -28.7% |
| Deferred charges and accrued income | 490/1 | €1,161 | €370 | -€791 | -68.1% |
| Total equity and liabilities | 10/49 | €249,017 | €215,718 | -€33,299 | -13.4% |
| Equity | 10/15 | €119,385 | €118,816 | -€569 | -0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €78,660 | €78,260 | -€400 | -0.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,400 | €5,000 | -€400 | -7.4% |
| Distributable reserves | 133 | €71,400 | €71,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,525 | €34,356 | -€169 | -0.5% |
| Provisions and deferred taxes | 16 | €102 | - | -€102 | |
| Deferred taxes | 168 | €102 | - | -€102 | |
| Amounts payable | 17/49 | €129,529 | €96,902 | -€32,627 | -25.2% |
| Amounts payable after more than one year | 17 | €55,583 | €32,225 | -€23,358 | -42.0% |
| Financial debts | 170/4 | €55,583 | €32,225 | -€23,358 | -42.0% |
| Amounts payable within one year | 42/48 | €70,279 | €62,569 | -€7,710 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €26,372 | €23,358 | -€3,014 | -11.4% |
| Trade debts | 44 | €5,461 | €3,526 | -€1,935 | -35.4% |
| Suppliers | 440/4 | €5,461 | €3,526 | -€1,935 | -35.4% |
| Advances received on contracts in progress | 46 | €69 | €369 | +€300 | +434.8% |
| Taxes, remuneration and social security | 45 | €11,630 | €7,511 | -€4,119 | -35.4% |
| Taxes | 450/3 | €11,630 | €7,511 | -€4,119 | -35.4% |
| Other amounts payable | 47/48 | €26,746 | €27,805 | +€1,059 | +4.0% |
| Accrued charges and deferred income | 492/3 | €3,667 | €2,108 | -€1,560 | -42.5% |
| Non-recurring operating income | 76A | - | €9,002 | +€9,002 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,027 | €34,744 | -€283 | -0.8% |
| Other operating charges | 640/8 | €2,613 | €4,010 | +€1,397 | +53.5% |
| Gross operating margin | 9900 | €73,400 | €52,793 | -€20,608 | -28.1% |
| Operating profit (loss) | 9901 | €35,761 | €14,038 | -€21,723 | -60.7% |
| Financial income | 75/76B | €156 | €1 | -€155 | -99.5% |
| Recurring financial income | 75 | €156 | €1 | -€155 | -99.5% |
| Financial charges | 65/66B | €9,252 | €8,158 | -€1,094 | -11.8% |
| Recurring financial charges | 65 | €9,252 | €8,158 | -€1,094 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €26,665 | €5,881 | -€20,784 | -77.9% |
| Transfer from deferred taxes | 780 | €157 | €102 | -€54 | -34.7% |
| Income taxes | 67/77 | €9,855 | €2,266 | -€7,588 | -77.0% |
| Profit (loss) for the period | 9904 | €16,967 | €3,717 | -€13,250 | -78.1% |
| Transfer from tax-exempt reserves | 789 | €612 | €400 | -€212 | -34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,578 | €4,116 | -€13,462 | -76.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.