DIFRA-Belgium: 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.
DIFRA-Belgium
Largest movements
- Receivables within one year -€67,667
down €67,667 (-66.4%), from €101,862 to €34,195
of which Other amounts receivable: -€73,951
- Cash -€17,787
down €17,787 (-43.7%), from €40,712 to €22,926
mainly Contributions, distributions and other (-€93,445) and Net result for the year (-€7,749)
- Tangible fixed assets +€5,406
up €5,406 (+77.5%), from €6,976 to €12,382
of which Furniture and vehicles: +€5,406
- Reserves -€101,194
down €101,194 (-64.6%), from €156,586 to €55,392
of which Distributable reserves: -€101,194
- Trade debts +€13,952
up €13,952 (+3,448%), from €405 to €14,356
- Other debts +€12,035
new in 2025: €12,035
- Tax, wage and social debts -€5,054
down €5,054 (-30.3%), from €16,680 to €11,626
of which Taxes: -€4,090
- Gross operating margin -€90,872
down €90,872, from €85,958 to -€4,914
- Other operating charges -€30,057
down €30,057 (-99.6%), from €30,183 to €126
- Taxes -€11,626
down €11,626 (-100%), from €11,626 to €0
- Staff costs -€6,545
down €6,545 (-68.9%), from €9,493 to €2,948
- Financial income -€2,206
down €2,206 (-52.6%), from €4,199 to €1,992
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 | €179,870 | €99,822 | -€80,048 | -44.5% |
| Fixed assets | 21/28 | €8,296 | €13,702 | +€5,406 | +65.2% |
| Tangible fixed assets | 22/27 | €6,976 | €12,382 | +€5,406 | +77.5% |
| Land and buildings | 22 | €5,045 | €5,045 | = | 0.0% |
| Furniture and vehicles | 24 | €1,931 | €7,337 | +€5,406 | +280% |
| Financial fixed assets | 28 | €1,320 | €1,320 | = | 0.0% |
| Current assets | 29/58 | €171,574 | €86,120 | -€85,454 | -49.8% |
| Stocks and contracts in progress | 3 | €29,000 | €29,000 | = | 0.0% |
| Stocks | 30/36 | €29,000 | €29,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €101,862 | €34,195 | -€67,667 | -66.4% |
| Trade receivables | 40 | €27,771 | €34,054 | +€6,283 | +22.6% |
| Other amounts receivable | 41 | €74,091 | €140 | -€73,951 | -99.8% |
| Cash at bank and in hand | 54/58 | €40,712 | €22,926 | -€17,787 | -43.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €179,870 | €99,822 | -€80,048 | -44.5% |
| Equity | 10/15 | €162,786 | €61,592 | -€101,194 | -62.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €156,586 | €55,392 | -€101,194 | -64.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €156,586 | €55,392 | -€101,194 | -64.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €17,084 | €38,230 | +€21,146 | +124% |
| Amounts payable within one year | 42/48 | €17,084 | €38,017 | +€20,933 | +123% |
| Trade debts | 44 | €405 | €14,356 | +€13,952 | +3,448% |
| Suppliers | 440/4 | €405 | €14,356 | +€13,952 | +3,448% |
| Taxes, remuneration and social security | 45 | €16,680 | €11,626 | -€5,054 | -30.3% |
| Taxes | 450/3 | €15,716 | €11,626 | -€4,090 | -26.0% |
| Remuneration and social security | 454/9 | €964 | €0 | -€964 | -100% |
| Other amounts payable | 47/48 | - | €12,035 | +€12,035 | |
| Accrued charges and deferred income | 492/3 | €0 | €213 | +€213 | |
| Remuneration, social security and pensions | 62 | €9,493 | €2,948 | -€6,545 | -68.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,453 | €1,594 | +€141 | +9.7% |
| Other operating charges | 640/8 | €30,183 | €126 | -€30,057 | -99.6% |
| Non-recurring operating charges | 66A | €6,500 | €0 | -€6,500 | -100% |
| Gross operating margin | 9900 | €85,958 | -€4,914 | -€90,872 | |
| Operating profit (loss) | 9901 | €38,330 | -€9,582 | -€47,912 | |
| Financial income | 75/76B | €4,199 | €1,992 | -€2,206 | -52.6% |
| Recurring financial income | 75 | €4,199 | €1,992 | -€2,206 | -52.6% |
| Financial charges | 65/66B | €1,540 | €159 | -€1,381 | -89.7% |
| Recurring financial charges | 65 | €1,540 | €159 | -€1,381 | -89.7% |
| Profit (loss) for the period before taxes | 9903 | €40,989 | -€7,749 | -€48,737 | |
| Income taxes | 67/77 | €11,626 | €0 | -€11,626 | -100% |
| Profit (loss) for the period | 9904 | €29,363 | -€7,749 | -€37,112 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,363 | -€7,749 | -€37,112 |
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 20 October 2026 via checked.be.