Dijver 15: 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.
Dijver 15
Largest movements
- Receivables within one year -€207,417
down €207,417 (-81.5%), from €254,577 to €47,161
of which Trade receivables: -€202,872
- Tangible fixed assets +€149,170
up €149,170 (+6.5%), from €2.3m to €2.5m
of which Land and buildings: +€165,516
- Cash -€38,318
down €38,318 (-56.5%), from €67,808 to €29,490
mainly Investment in fixed assets (net) (-€289,435) and Net result for the year (-€175,289)
- Profit (loss) carried forward -€175,289
down €175,289 (-65.0%), from -€269,607 to -€444,896
- Trade debts +€100,584
up €100,584 (+47.9%), from €209,846 to €310,429
- Financial income -€100,135
no longer reported in 2025 (was €100,135)
- Depreciation +€41,950
up €41,950 (+42.4%), from €99,055 to €141,005
- Gross operating margin +€36,914
up €36,914 (+73.9%), from -€49,933 to -€13,019
- Staff costs +€3,523
new in 2025: €3,523
- Other operating charges -€2,997
down €2,997 (-92.2%), from €3,253 to €255
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 | €2,634,055 | €2,536,750 | -€97,305 | -3.7% |
| Fixed assets | 21/28 | €2,311,670 | €2,460,099 | +€148,430 | +6.4% |
| Intangible fixed assets | 21 | €3,266 | €2,526 | -€740 | -22.7% |
| Tangible fixed assets | 22/27 | €2,308,404 | €2,457,573 | +€149,170 | +6.5% |
| Land and buildings | 22 | €2,225,802 | €2,391,318 | +€165,516 | +7.4% |
| Plant, machinery and equipment | 23 | €8,475 | €8,804 | +€329 | +3.9% |
| Furniture and vehicles | 24 | €74,126 | €57,451 | -€16,675 | -22.5% |
| Current assets | 29/58 | €322,385 | €76,651 | -€245,735 | -76.2% |
| Amounts receivable within one year | 40/41 | €254,577 | €47,161 | -€207,417 | -81.5% |
| Trade receivables | 40 | €250,033 | €47,161 | -€202,872 | -81.1% |
| Other amounts receivable | 41 | €4,544 | - | -€4,544 | |
| Cash at bank and in hand | 54/58 | €67,808 | €29,490 | -€38,318 | -56.5% |
| Total equity and liabilities | 10/49 | €2,634,055 | €2,536,750 | -€97,305 | -3.7% |
| Equity | 10/15 | €330,393 | €155,104 | -€175,289 | -53.1% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€269,607 | -€444,896 | -€175,289 | -65.0% |
| Amounts payable | 17/49 | €2,303,663 | €2,381,646 | +€77,984 | +3.4% |
| Amounts payable after more than one year | 17 | €1,197,237 | €1,179,194 | -€18,043 | -1.5% |
| Financial debts | 170/4 | €1,197,237 | €1,179,194 | -€18,043 | -1.5% |
| Amounts payable within one year | 42/48 | €1,105,201 | €1,202,452 | +€97,251 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €18,701 | €18,043 | -€659 | -3.5% |
| Trade debts | 44 | €209,846 | €310,429 | +€100,584 | +47.9% |
| Suppliers | 440/4 | €209,846 | €310,429 | +€100,584 | +47.9% |
| Taxes, remuneration and social security | 45 | €313 | €4,159 | +€3,847 | +1,230% |
| Taxes | 450/3 | €313 | €1,626 | +€1,313 | +420% |
| Remuneration and social security | 454/9 | - | €2,533 | +€2,533 | |
| Other amounts payable | 47/48 | €876,341 | €869,821 | -€6,521 | -0.7% |
| Accrued charges and deferred income | 492/3 | €1,225 | - | -€1,225 | |
| Remuneration, social security and pensions | 62 | - | €3,523 | +€3,523 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,055 | €141,005 | +€41,950 | +42.4% |
| Other operating charges | 640/8 | €3,253 | €255 | -€2,997 | -92.2% |
| Gross operating margin | 9900 | -€49,933 | -€13,019 | +€36,914 | +73.9% |
| Operating profit (loss) | 9901 | -€152,241 | -€157,803 | -€5,563 | -3.7% |
| Financial income | 75/76B | €100,135 | - | -€100,135 | |
| Recurring financial income | 75 | €100,135 | - | -€100,135 | |
| Financial charges | 65/66B | €17,199 | €17,485 | +€286 | +1.7% |
| Recurring financial charges | 65 | €17,199 | €17,485 | +€286 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | -€69,305 | -€175,289 | -€105,983 | -153% |
| Income taxes | 67/77 | €260 | - | -€260 | |
| Profit (loss) for the period | 9904 | -€69,566 | -€175,289 | -€105,723 | -152% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,566 | -€175,289 | -€105,723 | -152% |
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.