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 -€64,000
down €64,000 (-19.6%), from €327,000 to €263,000
- Receivables within one year +€48,959
up €48,959 (+424%), from €11,534 to €60,493
of which Trade receivables: +€37,173
- Cash +€27,286
up €27,286 (+72.0%), from €37,889 to €65,176
mainly Stocks and contracts (+€64,000) and Trade debts (+€51,943)
- Current investments +€16,424
up €16,424 (+566%), from €2,901 to €19,325
- Reserves -€54,187
down €54,187 (-18.6%), from €290,922 to €236,735
- Trade debts +€51,943
up €51,943 (+891%), from €5,833 to €57,776
- Other debts +€48,996
up €48,996 (+1,299%), from €3,772 to €52,768
- Accrued charges and deferred income -€43,864
down €43,864 (-97.3%), from €45,079 to €1,215
- Profit (loss) carried forward +€40,460
up €40,460 (+97.8%), from -€41,359 to -€899
- Gross operating margin +€30,231
up €30,231 (+63.1%), from €47,879 to €78,110
- Taxes +€9,986
up €9,986 (+167%), from €5,993 to €15,979
- Other operating charges +€7,072
up €7,072 (+191%), from €3,702 to €10,774
- Financial income +€1,710
up €1,710 (+64.4%), from €2,657 to €4,368
- Financial charges -€1,485
down €1,485 (-38.4%), from €3,865 to €2,380
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 | €390,339 | €415,738 | +€25,399 | +6.5% |
| Fixed assets | 21/28 | €9,425 | €6,183 | -€3,242 | -34.4% |
| Tangible fixed assets | 22/27 | €9,425 | €6,183 | -€3,242 | -34.4% |
| Land and buildings | 22 | €5,237 | €4,043 | -€1,194 | -22.8% |
| Plant, machinery and equipment | 23 | €112 | €0 | -€112 | -100% |
| Furniture and vehicles | 24 | €4,077 | €2,140 | -€1,936 | -47.5% |
| Current assets | 29/58 | €380,914 | €409,555 | +€28,641 | +7.5% |
| Stocks and contracts in progress | 3 | €327,000 | €263,000 | -€64,000 | -19.6% |
| Stocks | 30/36 | €327,000 | €263,000 | -€64,000 | -19.6% |
| Amounts receivable within one year | 40/41 | €11,534 | €60,493 | +€48,959 | +424% |
| Trade receivables | 40 | €4,736 | €41,908 | +€37,173 | +785% |
| Other amounts receivable | 41 | €6,798 | €18,584 | +€11,786 | +173% |
| Current investments | 50/53 | €2,901 | €19,325 | +€16,424 | +566% |
| Cash at bank and in hand | 54/58 | €37,889 | €65,176 | +€27,286 | +72.0% |
| Deferred charges and accrued income | 490/1 | €1,589 | €1,562 | -€28 | -1.7% |
| Total equity and liabilities | 10/49 | €390,339 | €415,738 | +€25,399 | +6.5% |
| Equity | 10/15 | €261,963 | €248,236 | -€13,727 | -5.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €290,922 | €236,735 | -€54,187 | -18.6% |
| Distributable reserves | 133 | €290,922 | €236,735 | -€54,187 | -18.6% |
| Profit (loss) carried forward | 14 | -€41,359 | -€899 | +€40,460 | +97.8% |
| Amounts payable | 17/49 | €128,376 | €167,502 | +€39,126 | +30.5% |
| Amounts payable after more than one year | 17 | €12,514 | €0 | -€12,514 | -100% |
| Financial debts | 170/4 | €12,514 | €0 | -€12,514 | -100% |
| Amounts payable within one year | 42/48 | €70,783 | €166,287 | +€95,504 | +135% |
| Current portion of amounts payable after more than one year | 42 | €18,771 | €12,514 | -€6,257 | -33.3% |
| Financial debts | 43 | €14,504 | €12,651 | -€1,852 | -12.8% |
| Credit institutions | 430/8 | €1,852 | €12,222 | +€10,370 | +560% |
| Other loans | 439 | €12,651 | €429 | -€12,222 | -96.6% |
| Trade debts | 44 | €5,833 | €57,776 | +€51,943 | +891% |
| Suppliers | 440/4 | €5,833 | €57,776 | +€51,943 | +891% |
| Taxes, remuneration and social security | 45 | €27,904 | €30,578 | +€2,674 | +9.6% |
| Taxes | 450/3 | €27,791 | €30,527 | +€2,736 | +9.8% |
| Remuneration and social security | 454/9 | €113 | €51 | -€62 | -55.0% |
| Other amounts payable | 47/48 | €3,772 | €52,768 | +€48,996 | +1,299% |
| Accrued charges and deferred income | 492/3 | €45,079 | €1,215 | -€43,864 | -97.3% |
| Remuneration, social security and pensions | 62 | €8,929 | €9,642 | +€713 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,294 | €3,242 | -€52 | -1.6% |
| Other operating charges | 640/8 | €3,702 | €10,774 | +€7,072 | +191% |
| Gross operating margin | 9900 | €47,879 | €78,110 | +€30,231 | +63.1% |
| Operating profit (loss) | 9901 | €31,954 | €54,452 | +€22,498 | +70.4% |
| Financial income | 75/76B | €2,657 | €4,368 | +€1,710 | +64.4% |
| Recurring financial income | 75 | €2,657 | €4,368 | +€1,710 | +64.4% |
| Financial charges | 65/66B | €3,865 | €2,380 | -€1,485 | -38.4% |
| Recurring financial charges | 65 | €3,865 | €2,380 | -€1,485 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | €30,747 | €56,439 | +€25,692 | +83.6% |
| Income taxes | 67/77 | €5,993 | €15,979 | +€9,986 | +167% |
| Profit (loss) for the period | 9904 | €24,754 | €40,460 | +€15,706 | +63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,754 | €40,460 | +€15,706 | +63.4% |
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 14 October 2026 via checked.be.