DiverZe: 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.
DiverZe
Largest movements
- Tangible fixed assets -€40,913
down €40,913 (-13.5%), from €303,869 to €262,955
of which Other tangible fixed assets: -€22,061
- Receivables within one year -€14,957
down €14,957 (-24.2%), from €61,738 to €46,781
of which Trade receivables: -€16,231
- Cash -€11,944
down €11,944 (-100.0%), from €11,944 to €0
mainly Debts after one year (-€39,308) and Other debts (-€12,262)
- Current investments -€4,894
down €4,894 (-16.2%), from €30,231 to €25,337
- Debts after one year -€39,308
down €39,308 (-19.4%), from €202,324 to €163,016
- Other debts -€12,262
down €12,262 (-47.4%), from €25,869 to €13,607
- Tax, wage and social debts -€8,345
down €8,345 (-44.5%), from €18,767 to €10,423
of which Taxes: -€7,860
- Trade debts -€7,488
down €7,488 (-27.0%), from €27,697 to €20,209
- Reserves -€4,634
down €4,634 (-6.1%), from €75,360 to €70,726
- Gross operating margin -€28,893
down €28,893 (-35.0%), from €82,520 to €53,628
- Taxes -€9,179
down €9,179 (-98.1%), from €9,352 to €174
- Depreciation +€8,542
up €8,542 (+21.6%), from €39,562 to €48,105
- Staff costs +€1,326
new in 2025: €1,326
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 | €417,145 | €344,156 | -€72,990 | -17.5% |
| Fixed assets | 21/28 | €303,869 | €262,955 | -€40,913 | -13.5% |
| Tangible fixed assets | 22/27 | €303,869 | €262,955 | -€40,913 | -13.5% |
| Land and buildings | 22 | €183,895 | €176,645 | -€7,250 | -3.9% |
| Plant, machinery and equipment | 23 | €15,058 | €12,556 | -€2,502 | -16.6% |
| Furniture and vehicles | 24 | €32,735 | €23,635 | -€9,100 | -27.8% |
| Other tangible fixed assets | 26 | €72,181 | €50,119 | -€22,061 | -30.6% |
| Current assets | 29/58 | €113,277 | €81,201 | -€32,076 | -28.3% |
| Stocks and contracts in progress | 3 | €8,063 | €8,111 | +€48 | +0.6% |
| Stocks | 30/36 | €8,063 | €8,111 | +€48 | +0.6% |
| Amounts receivable within one year | 40/41 | €61,738 | €46,781 | -€14,957 | -24.2% |
| Trade receivables | 40 | €59,858 | €43,628 | -€16,231 | -27.1% |
| Other amounts receivable | 41 | €1,880 | €3,153 | +€1,273 | +67.7% |
| Current investments | 50/53 | €30,231 | €25,337 | -€4,894 | -16.2% |
| Cash at bank and in hand | 54/58 | €11,944 | €0 | -€11,944 | -100.0% |
| Deferred charges and accrued income | 490/1 | €1,301 | €972 | -€328 | -25.2% |
| Total equity and liabilities | 10/49 | €417,145 | €344,156 | -€72,990 | -17.5% |
| Equity | 10/15 | €96,177 | €89,326 | -€6,851 | -7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €75,360 | €70,726 | -€4,634 | -6.1% |
| Distributable reserves | 133 | €75,360 | €70,726 | -€4,634 | -6.1% |
| Profit (loss) carried forward | 14 | €2,217 | €0 | -€2,217 | -100.0% |
| Amounts payable | 17/49 | €320,969 | €254,830 | -€66,139 | -20.6% |
| Amounts payable after more than one year | 17 | €202,324 | €163,016 | -€39,308 | -19.4% |
| Financial debts | 170/4 | €202,324 | €163,016 | -€39,308 | -19.4% |
| Amounts payable within one year | 42/48 | €118,644 | €91,814 | -€26,831 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €37,849 | €39,308 | +€1,459 | +3.9% |
| Financial debts | 43 | €8,461 | €8,266 | -€195 | -2.3% |
| Credit institutions | 430/8 | €8,389 | €8,037 | -€352 | -4.2% |
| Other loans | 439 | €72 | €230 | +€157 | +218.1% |
| Trade debts | 44 | €27,697 | €20,209 | -€7,488 | -27.0% |
| Suppliers | 440/4 | €27,697 | €20,209 | -€7,488 | -27.0% |
| Taxes, remuneration and social security | 45 | €18,767 | €10,423 | -€8,345 | -44.5% |
| Taxes | 450/3 | €18,267 | €10,408 | -€7,860 | -43.0% |
| Remuneration and social security | 454/9 | €500 | €15 | -€485 | -97.0% |
| Other amounts payable | 47/48 | €25,869 | €13,607 | -€12,262 | -47.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €1,326 | +€1,326 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,562 | €48,105 | +€8,542 | +21.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,657 | €2,658 | +€1 | 0.0% |
| Gross operating margin | 9900 | €82,520 | €53,628 | -€28,893 | -35.0% |
| Operating profit (loss) | 9901 | €40,301 | €1,539 | -€38,761 | -96.2% |
| Financial income | 75/76B | €295 | €152 | -€143 | -48.4% |
| Recurring financial income | 75 | €295 | €152 | -€143 | -48.4% |
| Financial charges | 65/66B | €8,430 | €8,369 | -€62 | -0.7% |
| Recurring financial charges | 65 | €8,430 | €8,369 | -€62 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €32,165 | -€6,677 | -€38,842 | |
| Income taxes | 67/77 | €9,352 | €174 | -€9,179 | -98.1% |
| Profit (loss) for the period | 9904 | €22,813 | -€6,851 | -€29,664 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,813 | -€6,851 | -€29,664 |
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.