DIVATEC: 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.
DIVATEC
Largest movements
- Tangible fixed assets -€35,473
down €35,473 (-14.0%), from €252,533 to €217,059
of which Plant, machinery and equipment: -€28,112
- Cash +€24,303
up €24,303 (+73.1%), from €33,263 to €57,566
mainly Depreciation (+€69,481) and Receivables within one year (+€16,096)
- Receivables within one year -€16,096
down €16,096 (-10.6%), from €152,367 to €136,270
of which Trade receivables: -€25,760
- Deferred charges and accrued income -€9,968
down €9,968 (-58.6%), from €17,013 to €7,045
- Debts after one year -€38,655
down €38,655 (-15.7%), from €246,116 to €207,461
- Current portion of long-term debt +€4,715
up €4,715 (+8.4%), from €55,940 to €60,655
- Financial charges -€1,914
down €1,914 (-25.1%), from €7,634 to €5,721
- Other operating charges +€1,776
up €1,776 (+39.1%), from €4,539 to €6,315
- Gross operating margin +€1,341
up €1,341 (+1.6%), from €83,640 to €84,981
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 | €459,101 | €419,528 | -€39,573 | -8.6% |
| Fixed assets | 21/28 | €255,052 | €217,725 | -€37,327 | -14.6% |
| Intangible fixed assets | 21 | €2,519 | €665 | -€1,854 | -73.6% |
| Tangible fixed assets | 22/27 | €252,533 | €217,059 | -€35,473 | -14.0% |
| Land and buildings | 22 | €118,214 | €103,226 | -€14,988 | -12.7% |
| Plant, machinery and equipment | 23 | €80,836 | €52,724 | -€28,112 | -34.8% |
| Furniture and vehicles | 24 | €53,483 | €61,109 | +€7,627 | +14.3% |
| Current assets | 29/58 | €204,049 | €201,803 | -€2,246 | -1.1% |
| Amounts receivable within one year | 40/41 | €152,367 | €136,270 | -€16,096 | -10.6% |
| Trade receivables | 40 | €69,938 | €44,178 | -€25,760 | -36.8% |
| Other amounts receivable | 41 | €82,429 | €92,092 | +€9,664 | +11.7% |
| Current investments | 50/53 | €1,406 | €921 | -€485 | -34.5% |
| Cash at bank and in hand | 54/58 | €33,263 | €57,566 | +€24,303 | +73.1% |
| Deferred charges and accrued income | 490/1 | €17,013 | €7,045 | -€9,968 | -58.6% |
| Total equity and liabilities | 10/49 | €459,101 | €419,528 | -€39,573 | -8.6% |
| Equity | 10/15 | €145,943 | €148,154 | +€2,210 | +1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €127,343 | €129,554 | +€2,210 | +1.7% |
| Distributable reserves | 133 | €127,343 | €129,554 | +€2,210 | +1.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €313,158 | €271,374 | -€41,783 | -13.3% |
| Amounts payable after more than one year | 17 | €246,116 | €207,461 | -€38,655 | -15.7% |
| Financial debts | 170/4 | €246,116 | €207,461 | -€38,655 | -15.7% |
| Amounts payable within one year | 42/48 | €66,840 | €63,913 | -€2,927 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €55,940 | €60,655 | +€4,715 | +8.4% |
| Financial debts | 43 | €3,404 | €26 | -€3,378 | -99.2% |
| Credit institutions | 430/8 | €3,404 | €26 | -€3,378 | -99.2% |
| Trade debts | 44 | €5,183 | €3,232 | -€1,951 | -37.6% |
| Suppliers | 440/4 | €5,183 | €3,232 | -€1,951 | -37.6% |
| Taxes, remuneration and social security | 45 | €2,312 | €0 | -€2,312 | -100% |
| Taxes | 450/3 | €2,312 | €0 | -€2,312 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €202 | €0 | -€202 | -100% |
| Non-recurring operating income | 76A | €5,000 | €1,500 | -€3,500 | -70.0% |
| Remuneration, social security and pensions | 62 | -€614 | €0 | +€614 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,624 | €69,481 | -€143 | -0.2% |
| Other operating charges | 640/8 | €4,539 | €6,315 | +€1,776 | +39.1% |
| Gross operating margin | 9900 | €83,640 | €84,981 | +€1,341 | +1.6% |
| Operating profit (loss) | 9901 | €10,091 | €9,185 | -€906 | -9.0% |
| Financial income | 75/76B | €188 | €0 | -€187 | -100.0% |
| Recurring financial income | 75 | €188 | €0 | -€187 | -100.0% |
| Financial charges | 65/66B | €7,634 | €5,721 | -€1,914 | -25.1% |
| Recurring financial charges | 65 | €7,634 | €5,721 | -€1,914 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €2,644 | €3,464 | +€820 | +31.0% |
| Income taxes | 67/77 | €724 | €1,254 | +€529 | +73.1% |
| Profit (loss) for the period | 9904 | €1,919 | €2,210 | +€291 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,919 | €2,210 | +€291 | +15.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.