DIFFERDING ASSURANCES: 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.
DIFFERDING ASSURANCES
Largest movements
- Tangible fixed assets +€77,877
up €77,877 (+2571.3%), from €3,029 to €80,906
of which Plant, machinery and equipment: +€62,529
- Receivables within one year +€17,107
new in 2025: €17,107
- Cash -€8,368
down €8,368 (-5.5%), from €153,363 to €144,994
mainly Investment in fixed assets (net) (-€83,297) and Receivables within one year (-€17,107)
- Deferred charges and accrued income -€2,819
down €2,819 (-15.1%), from €18,722 to €15,903
- Profit (loss) carried forward +€86,413
up €86,413 (+68.5%), from €126,087 to €212,500
- Gross operating margin +€18,060
up €18,060 (+12.1%), from €148,834 to €166,894
- Depreciation +€4,471
up €4,471 (+471.3%), from €949 to €5,420
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 | €175,220 | €259,016 | +€83,796 | +47.8% |
| Fixed assets | 21/28 | €3,135 | €81,012 | +€77,877 | +2483.9% |
| Tangible fixed assets | 22/27 | €3,029 | €80,906 | +€77,877 | +2571.3% |
| Plant, machinery and equipment | 23 | - | €62,529 | +€62,529 | |
| Furniture and vehicles | 24 | €3,029 | €18,377 | +€15,348 | +506.8% |
| Financial fixed assets | 28 | €107 | €107 | = | 0.0% |
| Current assets | 29/58 | €172,085 | €178,004 | +€5,919 | +3.4% |
| Amounts receivable within one year | 40/41 | - | €17,107 | +€17,107 | |
| Other amounts receivable | 41 | - | €17,107 | +€17,107 | |
| Cash at bank and in hand | 54/58 | €153,363 | €144,994 | -€8,368 | -5.5% |
| Deferred charges and accrued income | 490/1 | €18,722 | €15,903 | -€2,819 | -15.1% |
| Total equity and liabilities | 10/49 | €175,220 | €259,016 | +€83,796 | +47.8% |
| Equity | 10/15 | €159,501 | €245,914 | +€86,413 | +54.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €27,217 | €27,217 | = | 0.0% |
| Distributable reserves | 133 | €27,217 | €27,217 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,087 | €212,500 | +€86,413 | +68.5% |
| Amounts payable | 17/49 | €15,720 | €13,103 | -€2,617 | -16.7% |
| Amounts payable within one year | 42/48 | €15,720 | €13,103 | -€2,617 | -16.7% |
| Trade debts | 44 | €259 | €264 | +€5 | +1.9% |
| Suppliers | 440/4 | €259 | €264 | +€5 | +1.9% |
| Taxes, remuneration and social security | 45 | €13,411 | €12,839 | -€572 | -4.3% |
| Taxes | 450/3 | €2,177 | €1,310 | -€868 | -39.9% |
| Remuneration and social security | 454/9 | €11,233 | €11,529 | +€296 | +2.6% |
| Other amounts payable | 47/48 | €2,050 | - | -€2,050 | |
| Remuneration, social security and pensions | 62 | €46,206 | €47,502 | +€1,297 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €949 | €5,420 | +€4,471 | +471.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €148,834 | €166,894 | +€18,060 | +12.1% |
| Operating profit (loss) | 9901 | €101,293 | €113,572 | +€12,280 | +12.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €306 | €266 | -€40 | -13.1% |
| Recurring financial charges | 65 | €306 | €266 | -€40 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €100,987 | €113,307 | +€12,320 | +12.2% |
| Income taxes | 67/77 | €25,880 | €26,893 | +€1,013 | +3.9% |
| Profit (loss) for the period | 9904 | €75,107 | €86,413 | +€11,307 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €75,107 | €86,413 | +€11,307 | +15.1% |
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 29 September 2026 via checked.be.