DIVALICHA: 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.
DIVALICHA
Largest movements
- Formation expenses -€31,111
down €31,111 (-16.2%), from €191,875 to €160,764
- Receivables within one year +€13,767
new in 2025: €13,767
- Cash -€12,485
down €12,485 (-49.6%), from €25,171 to €12,687
mainly Net result for the year (-€58,268) and Debts after one year (-€23,792)
- Trade debts +€58,972
up €58,972 (+614.6%), from €9,595 to €68,567
- Profit (loss) carried forward -€58,268
down €58,268, from €29,688 to -€28,580
- Debts after one year -€23,792
down €23,792 (-23.5%), from €101,028 to €77,236
- Other debts -€3,423
down €3,423 (-15.1%), from €22,742 to €19,318
- Tax, wage and social debts -€3,292
down €3,292 (-22.3%), from €14,748 to €11,456
of which Taxes: -€4,619
- Gross operating margin -€40,900
down €40,900 (-30.6%), from €133,462 to €92,563
- Staff costs +€18,757
up €18,757 (+22.2%), from €84,531 to €103,288
- Financial charges +€10,359
up €10,359 (+528.9%), from €1,959 to €12,318
- Taxes -€4,024
down €4,024, from €3,854 to -€170
- Other operating charges -€1,568
down €1,568 (-29.1%), from €5,391 to €3,823
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 | €224,252 | €192,501 | -€31,751 | -14.2% |
| Formation expenses | 20 | €191,875 | €160,764 | -€31,111 | -16.2% |
| Fixed assets | 21/28 | €5,112 | €4,652 | -€460 | -9.0% |
| Tangible fixed assets | 22/27 | €1,662 | €1,202 | -€460 | -27.7% |
| Furniture and vehicles | 24 | €1,662 | €1,202 | -€460 | -27.7% |
| Financial fixed assets | 28 | €3,450 | €3,450 | = | 0.0% |
| Current assets | 29/58 | €27,265 | €27,085 | -€180 | -0.7% |
| Stocks and contracts in progress | 3 | €1,345 | €295 | -€1,051 | -78.1% |
| Stocks | 30/36 | €1,345 | €295 | -€1,051 | -78.1% |
| Amounts receivable within one year | 40/41 | - | €13,767 | +€13,767 | |
| Other amounts receivable | 41 | - | €13,767 | +€13,767 | |
| Cash at bank and in hand | 54/58 | €25,171 | €12,687 | -€12,485 | -49.6% |
| Deferred charges and accrued income | 490/1 | €748 | €337 | -€411 | -55.0% |
| Total equity and liabilities | 10/49 | €224,252 | €192,501 | -€31,751 | -14.2% |
| Equity | 10/15 | €39,688 | -€18,580 | -€58,268 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,688 | -€28,580 | -€58,268 | |
| Amounts payable | 17/49 | €184,564 | €211,080 | +€26,517 | +14.4% |
| Amounts payable after more than one year | 17 | €101,028 | €77,236 | -€23,792 | -23.5% |
| Financial debts | 170/4 | €101,028 | €77,236 | -€23,792 | -23.5% |
| Amounts payable within one year | 42/48 | €83,535 | €133,844 | +€50,309 | +60.2% |
| Current portion of amounts payable after more than one year | 42 | €36,451 | €34,503 | -€1,948 | -5.3% |
| Trade debts | 44 | €9,595 | €68,567 | +€58,972 | +614.6% |
| Suppliers | 440/4 | €9,595 | €68,567 | +€58,972 | +614.6% |
| Taxes, remuneration and social security | 45 | €14,748 | €11,456 | -€3,292 | -22.3% |
| Taxes | 450/3 | €7,243 | €2,624 | -€4,619 | -63.8% |
| Remuneration and social security | 454/9 | €7,505 | €8,832 | +€1,327 | +17.7% |
| Other amounts payable | 47/48 | €22,742 | €19,318 | -€3,423 | -15.1% |
| Remuneration, social security and pensions | 62 | €84,531 | €103,288 | +€18,757 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,568 | €31,571 | +€3 | 0.0% |
| Other operating charges | 640/8 | €5,391 | €3,823 | -€1,568 | -29.1% |
| Gross operating margin | 9900 | €133,462 | €92,563 | -€40,900 | -30.6% |
| Operating profit (loss) | 9901 | €11,972 | -€46,120 | -€58,092 | |
| Financial charges | 65/66B | €1,959 | €12,318 | +€10,359 | +528.9% |
| Recurring financial charges | 65 | €1,959 | €12,318 | +€10,359 | +528.9% |
| Profit (loss) for the period before taxes | 9903 | €10,013 | -€58,437 | -€68,451 | |
| Income taxes | 67/77 | €3,854 | -€170 | -€4,024 | |
| Profit (loss) for the period | 9904 | €6,159 | -€58,268 | -€64,427 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,159 | -€58,268 | -€64,427 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.