DIVAGO: 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.
DIVAGO
Largest movements
- Tangible fixed assets -€7,931
down €7,931 (-3.9%), from €203,887 to €195,956
of which Land and buildings: -€5,134
- Profit (loss) carried forward -€14,679
down €14,679 (-14.8%), from -€99,237 to -€113,916
- Other debts +€7,716
up €7,716 (+22.7%), from €33,984 to €41,700
- Other operating charges -€1,622
down €1,622 (-41.6%), from €3,898 to €2,276
- Gross operating margin +€344
up €344 (+7.3%), from -€4,717 to -€4,372
- Depreciation -€331
down €331 (-4.0%), from €8,262 to €7,931
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 | €203,899 | €196,384 | -€7,515 | -3.7% |
| Fixed assets | 21/28 | €203,887 | €195,956 | -€7,931 | -3.9% |
| Tangible fixed assets | 22/27 | €203,887 | €195,956 | -€7,931 | -3.9% |
| Land and buildings | 22 | €186,387 | €181,253 | -€5,134 | -2.8% |
| Plant, machinery and equipment | 23 | €15,828 | €14,406 | -€1,422 | -9.0% |
| Furniture and vehicles | 24 | €1,672 | €297 | -€1,375 | -82.2% |
| Current assets | 29/58 | €12 | €428 | +€416 | +3412.9% |
| Cash at bank and in hand | 54/58 | €12 | €428 | +€416 | +3412.9% |
| Total equity and liabilities | 10/49 | €203,899 | €196,384 | -€7,515 | -3.7% |
| Equity | 10/15 | -€80,637 | -€95,316 | -€14,679 | -18.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,237 | -€113,916 | -€14,679 | -14.8% |
| Amounts payable | 17/49 | €284,536 | €291,700 | +€7,163 | +2.5% |
| Amounts payable after more than one year | 17 | €250,000 | €250,000 | = | 0.0% |
| Other amounts payable | 178/9 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €34,536 | €41,700 | +€7,163 | +20.7% |
| Trade debts | 44 | €553 | €0 | -€553 | -100.0% |
| Suppliers | 440/4 | €553 | €0 | -€553 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €33,984 | €41,700 | +€7,716 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,262 | €7,931 | -€331 | -4.0% |
| Other operating charges | 640/8 | €3,898 | €2,276 | -€1,622 | -41.6% |
| Gross operating margin | 9900 | -€4,717 | -€4,372 | +€344 | +7.3% |
| Operating profit (loss) | 9901 | -€16,877 | -€14,579 | +€2,297 | +13.6% |
| Financial charges | 65/66B | €62 | €99 | +€38 | +60.8% |
| Recurring financial charges | 65 | €62 | €99 | +€38 | +60.8% |
| Profit (loss) for the period before taxes | 9903 | -€16,938 | -€14,679 | +€2,260 | +13.3% |
| Profit (loss) for the period | 9904 | -€16,938 | -€14,679 | +€2,260 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,938 | -€14,679 | +€2,260 | +13.3% |
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 28 September 2026 via checked.be.