DIFFUSION EVENT: 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.
DIFFUSION EVENT
Largest movements
- Cash +€24,482
up €24,482 (+373.3%), from €6,558 to €31,040
mainly Depreciation (+€46,449) and Net result for the year (+€37,121)
- Tangible fixed assets +€24,322
up €24,322 (+16.5%), from €147,778 to €172,101
of which Furniture and vehicles: +€18,184
- Receivables within one year -€7,839
down €7,839 (-10.7%), from €72,997 to €65,158
of which Other amounts receivable: -€3,921
- Profit (loss) carried forward +€37,121
up €37,121 (+54.6%), from €67,986 to €105,107
- Short-term financial debts +€15,000
up €15,000, from €0 to €15,000
- Tax, wage and social debts -€14,191
no longer reported in 2025 (was €14,191)
- Current portion of long-term debt +€10,103
up €10,103 (+32.3%), from €31,271 to €41,373
- Other debts -€7,887
no longer reported in 2025 (was €7,887)
- Gross operating margin +€86,385
up €86,385 (+441.1%), from €19,585 to €105,970
- Depreciation +€24,034
up €24,034 (+107.2%), from €22,415 to €46,449
- Other operating charges -€13,479
down €13,479 (-80.7%), from €16,708 to €3,230
- Taxes +€8,977
up €8,977 (+223.1%), from €4,023 to €13,000
- Write-downs -€3,624
down €3,624, from €2,281 to -€1,343
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 | €227,661 | €268,504 | +€40,842 | +17.9% |
| Fixed assets | 21/28 | €147,983 | €172,306 | +€24,322 | +16.4% |
| Tangible fixed assets | 22/27 | €147,778 | €172,101 | +€24,322 | +16.5% |
| Plant, machinery and equipment | 23 | €147,026 | €153,165 | +€6,139 | +4.2% |
| Furniture and vehicles | 24 | €752 | €18,936 | +€18,184 | +2417.0% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €79,678 | €96,198 | +€16,520 | +20.7% |
| Amounts receivable within one year | 40/41 | €72,997 | €65,158 | -€7,839 | -10.7% |
| Trade receivables | 40 | €61,768 | €57,850 | -€3,918 | -6.3% |
| Other amounts receivable | 41 | €11,229 | €7,308 | -€3,921 | -34.9% |
| Cash at bank and in hand | 54/58 | €6,558 | €31,040 | +€24,482 | +373.3% |
| Deferred charges and accrued income | 490/1 | €123 | - | -€123 | |
| Total equity and liabilities | 10/49 | €227,661 | €268,504 | +€40,842 | +17.9% |
| Equity | 10/15 | €70,986 | €108,107 | +€37,121 | +52.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | - | -€3,000 | |
| Issued capital | 100 | €3,000 | - | -€3,000 | |
| Outside capital | 11 | - | €3,000 | +€3,000 | |
| Other | 1109/19 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | €67,986 | €105,107 | +€37,121 | +54.6% |
| Amounts payable | 17/49 | €156,675 | €160,397 | +€3,722 | +2.4% |
| Amounts payable after more than one year | 17 | €96,768 | €98,960 | +€2,192 | +2.3% |
| Financial debts | 170/4 | €96,768 | €98,960 | +€2,192 | +2.3% |
| Amounts payable within one year | 42/48 | €59,751 | €61,436 | +€1,685 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €31,271 | €41,373 | +€10,103 | +32.3% |
| Financial debts | 43 | €0 | €15,000 | +€15,000 | |
| Credit institutions | 430/8 | €0 | €15,000 | +€15,000 | |
| Trade debts | 44 | €6,401 | €5,063 | -€1,339 | -20.9% |
| Suppliers | 440/4 | €6,401 | €5,063 | -€1,339 | -20.9% |
| Taxes, remuneration and social security | 45 | €14,191 | - | -€14,191 | |
| Taxes | 450/3 | €14,191 | - | -€14,191 | |
| Other amounts payable | 47/48 | €7,887 | - | -€7,887 | |
| Accrued charges and deferred income | 492/3 | €156 | - | -€156 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,415 | €46,449 | +€24,034 | +107.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,281 | -€1,343 | -€3,624 | |
| Other operating charges | 640/8 | €16,708 | €3,230 | -€13,479 | -80.7% |
| Gross operating margin | 9900 | €19,585 | €105,970 | +€86,385 | +441.1% |
| Operating profit (loss) | 9901 | -€21,819 | €57,635 | +€79,454 | |
| Financial income | 75/76B | €740 | €1 | -€739 | -99.9% |
| Recurring financial income | 75 | €740 | €1 | -€739 | -99.9% |
| Financial charges | 65/66B | €4,258 | €7,515 | +€3,257 | +76.5% |
| Recurring financial charges | 65 | €4,258 | €7,515 | +€3,257 | +76.5% |
| Profit (loss) for the period before taxes | 9903 | -€25,338 | €50,121 | +€75,458 | |
| Income taxes | 67/77 | €4,023 | €13,000 | +€8,977 | +223.1% |
| Profit (loss) for the period | 9904 | -€29,361 | €37,121 | +€66,481 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,361 | €37,121 | +€66,481 |
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 5 October 2026 via checked.be.