DIVALO SERVICES: 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.
DIVALO SERVICES
Largest movements
- Receivables within one year -€306,778
down €306,778 (-64.5%), from €475,538 to €168,760
of which Trade receivables: -€319,268
- Cash +€89,454
up €89,454 (+45.8%), from €195,379 to €284,832
mainly Receivables within one year (+€306,778) and Net result for the year (+€123,734)
- Tangible fixed assets -€28,338
down €28,338 (-53.8%), from €52,686 to €24,348
of which Other tangible fixed assets: -€24,210
- Other debts -€95,567
down €95,567 (-68.8%), from €138,965 to €43,398
- Reserves -€57,405
down €57,405 (-12.7%), from €451,419 to €394,014
- Trade debts -€56,480
down €56,480 (-61.3%), from €92,177 to €35,698
- Tax, wage and social debts -€36,197
down €36,197 (-100.0%), from €36,197 to €0
- Gross operating margin +€30,258
up €30,258 (+15.5%), from €194,987 to €225,245
- Taxes +€10,310
up €10,310 (+21.4%), from €48,230 to €58,540
- Staff costs +€3,464
up €3,464 (+38.0%), from €9,105 to €12,569
- Depreciation -€3,373
down €3,373 (-10.6%), from €31,711 to €28,338
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €737,359 | €491,775 | -€245,584 | -33.3% |
| Fixed assets | 21/28 | €52,686 | €24,348 | -€28,338 | -53.8% |
| Tangible fixed assets | 22/27 | €52,686 | €24,348 | -€28,338 | -53.8% |
| Land and buildings | 22 | €11,195 | €10,408 | -€787 | -7.0% |
| Plant, machinery and equipment | 23 | €2,954 | €0 | -€2,954 | -100.0% |
| Furniture and vehicles | 24 | €388 | €0 | -€388 | -100.0% |
| Other tangible fixed assets | 26 | €38,149 | €13,939 | -€24,210 | -63.5% |
| Current assets | 29/58 | €684,673 | €467,427 | -€217,246 | -31.7% |
| Stocks and contracts in progress | 3 | €12,877 | €12,690 | -€187 | -1.5% |
| Stocks | 30/36 | €12,877 | €12,690 | -€187 | -1.5% |
| Amounts receivable within one year | 40/41 | €475,538 | €168,760 | -€306,778 | -64.5% |
| Trade receivables | 40 | €475,538 | €156,270 | -€319,268 | -67.1% |
| Other amounts receivable | 41 | €0 | €12,490 | +€12,490 | |
| Cash at bank and in hand | 54/58 | €195,379 | €284,832 | +€89,454 | +45.8% |
| Deferred charges and accrued income | 490/1 | €880 | €1,145 | +€265 | +30.1% |
| Total equity and liabilities | 10/49 | €737,359 | €491,775 | -€245,584 | -33.3% |
| Equity | 10/15 | €470,019 | €412,614 | -€57,405 | -12.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €451,419 | €394,014 | -€57,405 | -12.7% |
| Distributable reserves | 133 | €451,419 | €394,014 | -€57,405 | -12.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €267,340 | €79,161 | -€188,179 | -70.4% |
| Amounts payable within one year | 42/48 | €267,340 | €79,096 | -€188,244 | -70.4% |
| Trade debts | 44 | €92,177 | €35,698 | -€56,480 | -61.3% |
| Suppliers | 440/4 | €92,177 | €35,698 | -€56,480 | -61.3% |
| Taxes, remuneration and social security | 45 | €36,197 | €0 | -€36,197 | -100.0% |
| Taxes | 450/3 | €36,197 | €0 | -€36,197 | -100.0% |
| Other amounts payable | 47/48 | €138,965 | €43,398 | -€95,567 | -68.8% |
| Accrued charges and deferred income | 492/3 | - | €65 | +€65 | |
| Remuneration, social security and pensions | 62 | €9,105 | €12,569 | +€3,464 | +38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,711 | €28,338 | -€3,373 | -10.6% |
| Other operating charges | 640/8 | €797 | €625 | -€172 | -21.6% |
| Gross operating margin | 9900 | €194,987 | €225,245 | +€30,258 | +15.5% |
| Operating profit (loss) | 9901 | €153,373 | €183,713 | +€30,339 | +19.8% |
| Financial income | 75/76B | €91 | €91 | +€0 | +0.4% |
| Recurring financial income | 75 | €91 | €91 | +€0 | +0.4% |
| Financial charges | 65/66B | €1,383 | €1,531 | +€147 | +10.6% |
| Recurring financial charges | 65 | €1,383 | €1,531 | +€147 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €152,081 | €182,273 | +€30,193 | +19.9% |
| Income taxes | 67/77 | €48,230 | €58,540 | +€10,310 | +21.4% |
| Profit (loss) for the period | 9904 | €103,851 | €123,734 | +€19,882 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €103,851 | €123,734 | +€19,882 | +19.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.