DIVERS: 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.
DIVERS
Largest movements
- Receivables within one year -€8,814
down €8,814 (-6.5%), from €134,614 to €125,800
of which Trade receivables: -€10,343
- Cash -€2,069
down €2,069 (-93.9%), from €2,203 to €134
mainly Debts within one year (-€19,045)
- Debts within one year -€19,045
down €19,045 (-5.0%), from €380,754 to €361,709
of which Trade debts: -€50,074
- Profit (loss) carried forward +€7,286
up €7,286 (+1.9%), from -€382,186 to -€374,900
- Gross operating margin +€66,835
up €66,835, from -€41,282 to €25,553
- Staff costs -€44,296
down €44,296 (-79.6%), from €55,636 to €11,340
- Other operating charges -€19,352
down €19,352 (-99.5%), from €19,440 to €88
- Financial charges -€8,688
down €8,688 (-59.3%), from €14,651 to €5,963
- Depreciation -€1,051
down €1,051 (-54.5%), from €1,927 to €876
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 | €138,568 | €126,809 | -€11,759 | -8.5% |
| Fixed assets | 21/28 | €1,751 | €875 | -€876 | -50.0% |
| Tangible fixed assets | 22/27 | €1,751 | €875 | -€876 | -50.0% |
| Plant, machinery and equipment | 23 | €1,751 | €875 | -€876 | -50.0% |
| Current assets | 29/58 | €136,817 | €125,934 | -€10,883 | -8.0% |
| Amounts receivable within one year | 40/41 | €134,614 | €125,800 | -€8,814 | -6.5% |
| Trade receivables | 40 | €134,443 | €124,100 | -€10,343 | -7.7% |
| Other amounts receivable | 41 | €171 | €1,700 | +€1,529 | +894.2% |
| Cash at bank and in hand | 54/58 | €2,203 | €134 | -€2,069 | -93.9% |
| Total equity and liabilities | 10/49 | €138,568 | €126,809 | -€11,759 | -8.5% |
| Equity | 10/15 | -€382,186 | -€374,900 | +€7,286 | +1.9% |
| Profit (loss) carried forward | 14 | -€382,186 | -€374,900 | +€7,286 | +1.9% |
| Amounts payable | 17/49 | €520,754 | €501,709 | -€19,045 | -3.7% |
| Amounts payable after more than one year | 17 | €140,000 | €140,000 | = | 0.0% |
| Financial debts | 170/4 | €140,000 | €140,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €380,754 | €361,709 | -€19,045 | -5.0% |
| Trade debts | 44 | €308,255 | €258,181 | -€50,074 | -16.2% |
| Suppliers | 440/4 | €308,255 | €258,181 | -€50,074 | -16.2% |
| Taxes, remuneration and social security | 45 | €6,880 | €5,893 | -€987 | -14.3% |
| Remuneration and social security | 454/9 | €6,880 | €5,893 | -€987 | -14.3% |
| Remuneration, social security and pensions | 62 | €55,636 | €11,340 | -€44,296 | -79.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,927 | €876 | -€1,051 | -54.5% |
| Other operating charges | 640/8 | €19,440 | €88 | -€19,352 | -99.5% |
| Gross operating margin | 9900 | -€41,282 | €25,553 | +€66,835 | |
| Operating profit (loss) | 9901 | -€118,285 | €13,249 | +€131,534 | |
| Financial charges | 65/66B | €14,651 | €5,963 | -€8,688 | -59.3% |
| Recurring financial charges | 65 | €14,651 | €5,963 | -€8,688 | -59.3% |
| Profit (loss) for the period before taxes | 9903 | -€132,936 | €7,286 | +€140,222 | |
| Profit (loss) for the period | 9904 | -€132,936 | €7,286 | +€140,222 | |
| Profit (loss) for the period to be appropriated | 9905 | -€132,936 | €7,286 | +€140,222 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.