DIVEWISE.BE: 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.
DIVEWISE.BE
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€73,039
down €73,039 (-72.3%), from €101,022 to €27,984
mainly Current investments (-€100,000) and Stocks and contracts (-€17,285)
- Tangible fixed assets -€34,362
down €34,362 (-36.1%), from €95,087 to €60,726
of which Furniture and vehicles: -€19,635
- Stocks and contracts +€17,285
up €17,285 (+63.0%), from €27,452 to €44,737
- Deferred charges and accrued income +€3,049
up €3,049 (+329.5%), from €925 to €3,974
- Reserves +€19,480
up €19,480 (+36.5%), from €53,387 to €72,867
- Debts after one year -€8,197
down €8,197 (-6.6%), from €125,042 to €116,844
- Other debts +€4,731
up €4,731 (+44.0%), from €10,748 to €15,479
- Gross operating margin -€38,020
down €38,020 (-34.6%), from €109,897 to €71,877
- Other operating charges +€12,340
up €12,340 (+538.2%), from €2,293 to €14,633
- Write-downs -€12,210
new in 2025: -€12,210
- Taxes -€8,401
down €8,401 (-42.0%), from €20,018 to €11,617
- Depreciation -€6,114
down €6,114 (-16.8%), from €36,439 to €30,324
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 | €285,418 | €301,372 | +€15,954 | +5.6% |
| Fixed assets | 21/28 | €95,087 | €60,726 | -€34,362 | -36.1% |
| Tangible fixed assets | 22/27 | €95,087 | €60,726 | -€34,362 | -36.1% |
| Plant, machinery and equipment | 23 | €8,456 | €1,398 | -€7,059 | -83.5% |
| Furniture and vehicles | 24 | €78,963 | €59,328 | -€19,635 | -24.9% |
| Other tangible fixed assets | 26 | €7,668 | €0 | -€7,668 | -100.0% |
| Current assets | 29/58 | €190,331 | €240,646 | +€50,316 | +26.4% |
| Stocks and contracts in progress | 3 | €27,452 | €44,737 | +€17,285 | +63.0% |
| Stocks | 30/36 | €27,452 | €44,737 | +€17,285 | +63.0% |
| Amounts receivable within one year | 40/41 | €60,931 | €63,952 | +€3,021 | +5.0% |
| Trade receivables | 40 | €58,554 | €54,380 | -€4,173 | -7.1% |
| Other amounts receivable | 41 | €2,378 | €9,572 | +€7,194 | +302.6% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €101,022 | €27,984 | -€73,039 | -72.3% |
| Deferred charges and accrued income | 490/1 | €925 | €3,974 | +€3,049 | +329.5% |
| Total equity and liabilities | 10/49 | €285,418 | €301,372 | +€15,954 | +5.6% |
| Equity | 10/15 | €131,106 | €150,596 | +€19,490 | +14.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €53,387 | €72,867 | +€19,480 | +36.5% |
| Distributable reserves | 133 | €53,387 | €72,867 | +€19,480 | +36.5% |
| Profit (loss) carried forward | 14 | €59,119 | €59,129 | +€10 | 0.0% |
| Amounts payable | 17/49 | €154,312 | €150,776 | -€3,536 | -2.3% |
| Amounts payable after more than one year | 17 | €125,042 | €116,844 | -€8,197 | -6.6% |
| Financial debts | 170/4 | €125,042 | €116,844 | -€8,197 | -6.6% |
| Amounts payable within one year | 42/48 | €29,271 | €33,931 | +€4,661 | +15.9% |
| Current portion of amounts payable after more than one year | 42 | €7,835 | €8,197 | +€363 | +4.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €6,670 | €6,237 | -€433 | -6.5% |
| Suppliers | 440/4 | €6,670 | €6,237 | -€433 | -6.5% |
| Taxes, remuneration and social security | 45 | €4,018 | €4,018 | = | 0.0% |
| Taxes | 450/3 | €4,018 | €4,018 | = | 0.0% |
| Other amounts payable | 47/48 | €10,748 | €15,479 | +€4,731 | +44.0% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,439 | €30,324 | -€6,114 | -16.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€12,210 | -€12,210 | |
| Other operating charges | 640/8 | €2,293 | €14,633 | +€12,340 | +538.2% |
| Non-recurring operating charges | 66A | - | €7,668 | +€7,668 | |
| Gross operating margin | 9900 | €109,897 | €71,877 | -€38,020 | -34.6% |
| Operating profit (loss) | 9901 | €71,165 | €31,462 | -€39,703 | -55.8% |
| Financial income | 75/76B | €869 | €1,239 | +€370 | +42.6% |
| Recurring financial income | 75 | €869 | €1,239 | +€370 | +42.6% |
| Financial charges | 65/66B | €2,476 | €1,594 | -€882 | -35.6% |
| Recurring financial charges | 65 | €2,476 | €1,594 | -€882 | -35.6% |
| Profit (loss) for the period before taxes | 9903 | €69,558 | €31,108 | -€38,450 | -55.3% |
| Income taxes | 67/77 | €20,018 | €11,617 | -€8,401 | -42.0% |
| Profit (loss) for the period | 9904 | €49,540 | €19,490 | -€30,050 | -60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €49,540 | €19,490 | -€30,050 | -60.7% |
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 4 October 2026 via checked.be.