DIVERSO +: 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.
DIVERSO +
Largest movements
- Stocks and contracts -€306,585
no longer reported in 2025 (was €306,585)
of which Stocks: -€230,682
- Receivables within one year -€41,239
down €41,239 (-12.6%), from €327,865 to €286,627
of which Trade receivables: -€114,885
- Tangible fixed assets -€27,831
down €27,831 (-83.9%), from €33,164 to €5,333
of which Furniture and vehicles: -€24,593
- Trade debts -€288,052
down €288,052 (-90.2%), from €319,388 to €31,336
- Tax, wage and social debts -€93,543
down €93,543 (-67.0%), from €139,679 to €46,136
of which Taxes: -€91,241
- Reserves +€25,986
up €25,986 (+18.4%), from €141,137 to €167,123
- Current portion of long-term debt -€20,837
down €20,837 (-83.5%), from €24,952 to €4,115
- Debts after one year -€7,836
no longer reported in 2025 (was €7,836)
- Gross operating margin -€179,909
down €179,909 (-66.0%), from €272,560 to €92,651
- Taxes -€59,152
down €59,152 (-81.3%), from €72,786 to €13,634
- Depreciation -€13,554
down €13,554 (-62.7%), from €21,631 to €8,077
- Financial charges -€9,028
down €9,028 (-72.3%), from €12,495 to €3,467
- Other operating charges -€8,804
down €8,804 (-39.7%), from €22,195 to €13,391
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 | €709,991 | €325,709 | -€384,282 | -54.1% |
| Fixed assets | 21/28 | €33,914 | €6,083 | -€27,831 | -82.1% |
| Tangible fixed assets | 22/27 | €33,164 | €5,333 | -€27,831 | -83.9% |
| Land and buildings | 22 | €387 | - | -€387 | |
| Plant, machinery and equipment | 23 | €2,850 | - | -€2,850 | |
| Furniture and vehicles | 24 | €29,927 | €5,333 | -€24,593 | -82.2% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €676,077 | €319,626 | -€356,451 | -52.7% |
| Stocks and contracts in progress | 3 | €306,585 | - | -€306,585 | |
| Stocks | 30/36 | €230,682 | - | -€230,682 | |
| Contracts in progress | 37 | €75,903 | - | -€75,903 | |
| Amounts receivable within one year | 40/41 | €327,865 | €286,627 | -€41,239 | -12.6% |
| Trade receivables | 40 | €114,885 | - | -€114,885 | |
| Other amounts receivable | 41 | €212,980 | €286,627 | +€73,647 | +34.6% |
| Cash at bank and in hand | 54/58 | €39,690 | €32,999 | -€6,690 | -16.9% |
| Deferred charges and accrued income | 490/1 | €1,938 | - | -€1,938 | |
| Total equity and liabilities | 10/49 | €709,991 | €325,709 | -€384,282 | -54.1% |
| Equity | 10/15 | €153,137 | €179,123 | +€25,986 | +17.0% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €141,137 | €167,123 | +€25,986 | +18.4% |
| Distributable reserves | 133 | €141,137 | €167,123 | +€25,986 | +18.4% |
| Amounts payable | 17/49 | €556,854 | €146,586 | -€410,268 | -73.7% |
| Amounts payable after more than one year | 17 | €7,836 | - | -€7,836 | |
| Financial debts | 170/4 | €7,836 | - | -€7,836 | |
| Amounts payable within one year | 42/48 | €549,018 | €146,586 | -€402,432 | -73.3% |
| Current portion of amounts payable after more than one year | 42 | €24,952 | €4,115 | -€20,837 | -83.5% |
| Trade debts | 44 | €319,388 | €31,336 | -€288,052 | -90.2% |
| Suppliers | 440/4 | €319,388 | €31,336 | -€288,052 | -90.2% |
| Taxes, remuneration and social security | 45 | €139,679 | €46,136 | -€93,543 | -67.0% |
| Taxes | 450/3 | €137,376 | €46,136 | -€91,241 | -66.4% |
| Remuneration and social security | 454/9 | €2,302 | - | -€2,302 | |
| Other amounts payable | 47/48 | €65,000 | €65,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €34,907 | €28,223 | -€6,684 | -19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,631 | €8,077 | -€13,554 | -62.7% |
| Other operating charges | 640/8 | €22,195 | €13,391 | -€8,804 | -39.7% |
| Non-recurring operating charges | 66A | €7,193 | - | -€7,193 | |
| Gross operating margin | 9900 | €272,560 | €92,651 | -€179,909 | -66.0% |
| Operating profit (loss) | 9901 | €186,633 | €42,959 | -€143,674 | -77.0% |
| Financial income | 75/76B | €138 | €127 | -€11 | -7.7% |
| Recurring financial income | 75 | €138 | €127 | -€11 | -7.7% |
| Financial charges | 65/66B | €12,495 | €3,467 | -€9,028 | -72.3% |
| Recurring financial charges | 65 | €12,495 | €3,467 | -€9,028 | -72.3% |
| Profit (loss) for the period before taxes | 9903 | €174,276 | €39,620 | -€134,657 | -77.3% |
| Income taxes | 67/77 | €72,786 | €13,634 | -€59,152 | -81.3% |
| Profit (loss) for the period | 9904 | €101,490 | €25,986 | -€75,505 | -74.4% |
| Profit (loss) for the period to be appropriated | 9905 | €101,490 | €25,986 | -€75,505 | -74.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.