DIVAST CONSULT: 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.
DIVAST CONSULT
Largest movements
- Cash -€80,422
down €80,422 (-46.9%), from €171,354 to €90,931
mainly Contributions, distributions and other (-€210,886) and Receivables within one year (-€4,310)
- Tangible fixed assets -€8,905
down €8,905 (-61.0%), from €14,603 to €5,698
of which Furniture and vehicles: -€8,618
- Receivables within one year +€4,310
up €4,310 (+21.3%), from €20,272 to €24,581
of which Trade receivables: +€2,680
- Profit (loss) carried forward -€147,059
down €147,059 (-77.7%), from €189,147 to €42,088
- Other debts +€63,133
up €63,133 (+6,134%), from €1,029 to €64,162
- Trade debts -€3,519
down €3,519 (-59.3%), from €5,937 to €2,418
- Gross operating margin +€16,250
up €16,250 (+20.4%), from €79,781 to €96,031
- Depreciation +€4,634
up €4,634 (+108%), from €4,272 to €8,905
- Financial charges +€2,140
up €2,140 (+101%), from €2,121 to €4,261
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 | €208,714 | €122,067 | -€86,646 | -41.5% |
| Fixed assets | 21/28 | €14,603 | €5,698 | -€8,905 | -61.0% |
| Tangible fixed assets | 22/27 | €14,603 | €5,698 | -€8,905 | -61.0% |
| Plant, machinery and equipment | 23 | €729 | €441 | -€287 | -39.4% |
| Furniture and vehicles | 24 | €13,875 | €5,257 | -€8,618 | -62.1% |
| Current assets | 29/58 | €194,111 | €116,370 | -€77,741 | -40.0% |
| Amounts receivable within one year | 40/41 | €20,272 | €24,581 | +€4,310 | +21.3% |
| Trade receivables | 40 | €18,072 | €20,752 | +€2,680 | +14.8% |
| Other amounts receivable | 41 | €2,199 | €3,829 | +€1,630 | +74.1% |
| Cash at bank and in hand | 54/58 | €171,354 | €90,931 | -€80,422 | -46.9% |
| Deferred charges and accrued income | 490/1 | €2,485 | €857 | -€1,628 | -65.5% |
| Total equity and liabilities | 10/49 | €208,714 | €122,067 | -€86,646 | -41.5% |
| Equity | 10/15 | €191,647 | €44,588 | -€147,059 | -76.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €189,147 | €42,088 | -€147,059 | -77.7% |
| Amounts payable | 17/49 | €17,066 | €77,479 | +€60,413 | +354% |
| Amounts payable within one year | 42/48 | €17,066 | €77,479 | +€60,413 | +354% |
| Trade debts | 44 | €5,937 | €2,418 | -€3,519 | -59.3% |
| Suppliers | 440/4 | €5,937 | €2,418 | -€3,519 | -59.3% |
| Taxes, remuneration and social security | 45 | €10,101 | €10,899 | +€799 | +7.9% |
| Taxes | 450/3 | €10,101 | €10,899 | +€799 | +7.9% |
| Other amounts payable | 47/48 | €1,029 | €64,162 | +€63,133 | +6,134% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,272 | €8,905 | +€4,634 | +108% |
| Other operating charges | 640/8 | €1,689 | €867 | -€822 | -48.7% |
| Gross operating margin | 9900 | €79,781 | €96,031 | +€16,250 | +20.4% |
| Operating profit (loss) | 9901 | €73,820 | €86,259 | +€12,439 | +16.9% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €2,121 | €4,261 | +€2,140 | +101% |
| Recurring financial charges | 65 | €2,121 | €4,261 | +€2,140 | +101% |
| Profit (loss) for the period before taxes | 9903 | €71,704 | €81,998 | +€10,294 | +14.4% |
| Income taxes | 67/77 | €17,801 | €18,171 | +€370 | +2.1% |
| Profit (loss) for the period | 9904 | €53,903 | €63,827 | +€9,924 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €53,903 | €63,827 | +€9,924 | +18.4% |
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 14 October 2026 via checked.be.