DIVÉRO: 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.
DIVÉRO
Largest movements
- Tangible fixed assets -€72,081
down €72,081 (-10.0%), from €721,352 to €649,271
of which Land and buildings: -€66,416
- Receivables after one year -€61,628
down €61,628 (-61.9%), from €99,604 to €37,976
- Cash -€12,141
down €12,141 (-14.3%), from €84,891 to €72,750
mainly Contributions, distributions and other (-€85,462) and Debts after one year (-€53,653)
- Reserves -€104,104
down €104,104 (-43.2%), from €240,934 to €136,830
of which Distributable reserves: -€102,914
- Debts after one year -€53,653
down €53,653 (-9.0%), from €595,061 to €541,408
- Tax, wage and social debts +€11,452
up €11,452 (+44.1%), from €25,955 to €37,406
of which Remuneration and social security: +€7,715
- Trade debts +€10,401
up €10,401 (+42.1%), from €24,722 to €35,122
- Gross operating margin -€29,603
down €29,603 (-10.7%), from €276,822 to €247,219
- Staff costs +€28,728
up €28,728 (+23.3%), from €123,346 to €152,074
- Taxes -€8,420
down €8,420 (-97.5%), from €8,632 to €212
- Financial charges +€3,461
up €3,461 (+18.3%), from €18,944 to €22,406
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 | €950,938 | €814,032 | -€136,906 | -14.4% |
| Fixed assets | 21/28 | €721,352 | €649,271 | -€72,081 | -10.0% |
| Tangible fixed assets | 22/27 | €721,352 | €649,271 | -€72,081 | -10.0% |
| Land and buildings | 22 | €635,514 | €569,099 | -€66,416 | -10.5% |
| Plant, machinery and equipment | 23 | €81,939 | €73,533 | -€8,406 | -10.3% |
| Furniture and vehicles | 24 | €3,898 | €6,639 | +€2,741 | +70.3% |
| Current assets | 29/58 | €229,587 | €164,761 | -€64,825 | -28.2% |
| Amounts receivable after more than one year | 29 | €99,604 | €37,976 | -€61,628 | -61.9% |
| Other amounts receivable | 291 | €99,604 | €37,976 | -€61,628 | -61.9% |
| Stocks and contracts in progress | 3 | €30,271 | €37,342 | +€7,071 | +23.4% |
| Stocks | 30/36 | €30,271 | €37,342 | +€7,071 | +23.4% |
| Amounts receivable within one year | 40/41 | €13,164 | €7,872 | -€5,292 | -40.2% |
| Trade receivables | 40 | €12,327 | €3,083 | -€9,244 | -75.0% |
| Other amounts receivable | 41 | €836 | €4,789 | +€3,953 | +473% |
| Cash at bank and in hand | 54/58 | €84,891 | €72,750 | -€12,141 | -14.3% |
| Deferred charges and accrued income | 490/1 | €1,657 | €8,820 | +€7,164 | +432% |
| Total equity and liabilities | 10/49 | €950,938 | €814,032 | -€136,906 | -14.4% |
| Equity | 10/15 | €247,134 | €143,030 | -€104,104 | -42.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €240,934 | €136,830 | -€104,104 | -43.2% |
| Tax-exempt reserves | 132 | €4,761 | €3,571 | -€1,190 | -25.0% |
| Distributable reserves | 133 | €236,173 | €133,259 | -€102,914 | -43.6% |
| Provisions and deferred taxes | 16 | €1,524 | €1,143 | -€381 | -25.0% |
| Deferred taxes | 168 | €1,524 | €1,143 | -€381 | -25.0% |
| Amounts payable | 17/49 | €702,280 | €669,858 | -€32,421 | -4.6% |
| Amounts payable after more than one year | 17 | €595,061 | €541,408 | -€53,653 | -9.0% |
| Financial debts | 170/4 | €595,061 | €541,408 | -€53,653 | -9.0% |
| Amounts payable within one year | 42/48 | €107,219 | €128,450 | +€21,232 | +19.8% |
| Current portion of amounts payable after more than one year | 42 | €56,542 | €55,921 | -€621 | -1.1% |
| Trade debts | 44 | €24,722 | €35,122 | +€10,401 | +42.1% |
| Suppliers | 440/4 | €24,722 | €35,122 | +€10,401 | +42.1% |
| Taxes, remuneration and social security | 45 | €25,955 | €37,406 | +€11,452 | +44.1% |
| Taxes | 450/3 | €8,531 | €12,269 | +€3,737 | +43.8% |
| Remuneration and social security | 454/9 | €17,423 | €25,138 | +€7,715 | +44.3% |
| Remuneration, social security and pensions | 62 | €123,346 | €152,074 | +€28,728 | +23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,071 | €88,235 | -€836 | -0.9% |
| Other operating charges | 640/8 | €5,326 | €5,303 | -€23 | -0.4% |
| Gross operating margin | 9900 | €276,822 | €247,219 | -€29,603 | -10.7% |
| Operating profit (loss) | 9901 | €59,079 | €1,607 | -€57,472 | -97.3% |
| Financial income | 75/76B | €2,499 | €1,987 | -€512 | -20.5% |
| Recurring financial income | 75 | €2,499 | €1,987 | -€512 | -20.5% |
| Financial charges | 65/66B | €18,944 | €22,406 | +€3,461 | +18.3% |
| Recurring financial charges | 65 | €18,944 | €22,406 | +€3,461 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | €42,634 | -€18,811 | -€61,445 | |
| Transfer from deferred taxes | 780 | €381 | €381 | = | 0.0% |
| Income taxes | 67/77 | €8,632 | €212 | -€8,420 | -97.5% |
| Profit (loss) for the period | 9904 | €34,382 | -€18,642 | -€53,024 | |
| Transfer from tax-exempt reserves | 789 | €1,190 | €1,190 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,573 | -€17,452 | -€53,024 |
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 17 October 2026 via checked.be.