DIVERSIO: 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.
DIVERSIO
Largest movements
- Cash +€41,981
up €41,981 (+225.0%), from €18,658 to €60,639
mainly Net result for the year (+€48,930) and Receivables after one year (+€20,000)
- Receivables after one year -€20,000
down €20,000 (-29.4%), from €68,000 to €48,000
- Receivables within one year -€15,113
down €15,113 (-100.0%), from €15,113 to €0
of which Trade receivables: -€15,113
- Other debts +€18,442
up €18,442 (+43.2%), from €42,664 to €61,106
- Debts after one year -€14,426
down €14,426 (-62.8%), from €22,985 to €8,559
- Current portion of long-term debt +€2,075
up €2,075 (+14.7%), from €14,119 to €16,195
- Trade debts +€1,174
up €1,174 (+74.5%), from €1,576 to €2,750
- Gross operating margin +€21,697
up €21,697 (+47.5%), from €45,682 to €67,380
- Taxes +€4,415
up €4,415 (+46.2%), from €9,548 to €13,963
- Financial charges +€757
up €757 (+44.2%), from €1,711 to €2,468
- Other operating charges +€751
up €751 (+55.1%), from €1,365 to €2,116
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 | €104,198 | €112,162 | +€7,964 | +7.6% |
| Fixed assets | 21/28 | €2,426 | €3,272 | +€845 | +34.8% |
| Tangible fixed assets | 22/27 | €2,366 | €3,212 | +€845 | +35.7% |
| Furniture and vehicles | 24 | €2,366 | €3,212 | +€845 | +35.7% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €101,771 | €108,890 | +€7,119 | +7.0% |
| Amounts receivable after more than one year | 29 | €68,000 | €48,000 | -€20,000 | -29.4% |
| Other amounts receivable | 291 | €68,000 | €48,000 | -€20,000 | -29.4% |
| Amounts receivable within one year | 40/41 | €15,113 | €0 | -€15,113 | -100.0% |
| Trade receivables | 40 | €15,113 | €0 | -€15,113 | -100.0% |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €18,658 | €60,639 | +€41,981 | +225.0% |
| Deferred charges and accrued income | 490/1 | - | €251 | +€251 | |
| Total equity and liabilities | 10/49 | €104,198 | €112,162 | +€7,964 | +7.6% |
| Equity | 10/15 | €3,131 | €3,061 | -€70 | -2.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,131 | €1,061 | -€70 | -6.2% |
| Amounts payable | 17/49 | €101,067 | €109,101 | +€8,034 | +7.9% |
| Amounts payable after more than one year | 17 | €22,985 | €8,559 | -€14,426 | -62.8% |
| Financial debts | 170/4 | €22,985 | €8,559 | -€14,426 | -62.8% |
| Amounts payable within one year | 42/48 | €78,082 | €100,542 | +€22,460 | +28.8% |
| Current portion of amounts payable after more than one year | 42 | €14,119 | €16,195 | +€2,075 | +14.7% |
| Trade debts | 44 | €1,576 | €2,750 | +€1,174 | +74.5% |
| Suppliers | 440/4 | €1,576 | €2,750 | +€1,174 | +74.5% |
| Taxes, remuneration and social security | 45 | €19,723 | €20,490 | +€768 | +3.9% |
| Taxes | 450/3 | €19,723 | €20,490 | +€768 | +3.9% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €42,664 | €61,106 | +€18,442 | +43.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €848 | €1,055 | +€206 | +24.3% |
| Other operating charges | 640/8 | €1,365 | €2,116 | +€751 | +55.1% |
| Gross operating margin | 9900 | €45,682 | €67,380 | +€21,697 | +47.5% |
| Operating profit (loss) | 9901 | €43,469 | €64,209 | +€20,740 | +47.7% |
| Financial income | 75/76B | €1,632 | €1,152 | -€480 | -29.4% |
| Recurring financial income | 75 | €1,632 | €1,152 | -€480 | -29.4% |
| Financial charges | 65/66B | €1,711 | €2,468 | +€757 | +44.2% |
| Recurring financial charges | 65 | €1,711 | €2,468 | +€757 | +44.2% |
| Profit (loss) for the period before taxes | 9903 | €43,390 | €62,893 | +€19,503 | +44.9% |
| Income taxes | 67/77 | €9,548 | €13,963 | +€4,415 | +46.2% |
| Profit (loss) for the period | 9904 | €33,842 | €48,930 | +€15,088 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,842 | €48,930 | +€15,088 | +44.6% |
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 9 October 2026 via checked.be.