DIVINA: 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.
DIVINA
Largest movements
- Receivables within one year +€25,238
up €25,238 (+299.8%), from €8,418 to €33,656
of which Trade receivables: +€27,625
- Tangible fixed assets +€13,657
up €13,657 (+5.3%), from €256,987 to €270,644
of which Furniture and vehicles: +€26,900
- Reserves +€41,000
up €41,000 (+31.9%), from €128,579 to €169,579
of which Distributable reserves: +€41,000
- Tax, wage and social debts -€9,171
down €9,171 (-38.7%), from €23,712 to €14,542
of which Taxes: -€7,817
- Current portion of long-term debt +€6,888
up €6,888 (+29.9%), from €23,067 to €29,955
- Debts after one year -€5,643
down €5,643 (-5.0%), from €113,012 to €107,369
- Gross operating margin +€53,301
up €53,301 (+19.4%), from €274,262 to €327,563
- Staff costs +€25,764
up €25,764 (+12.8%), from €201,122 to €226,887
- Taxes +€7,381
up €7,381 (+79.0%), from €9,341 to €16,722
- Depreciation -€3,840
down €3,840 (-14.3%), from €26,831 to €22,990
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 | €388,804 | €425,713 | +€36,909 | +9.5% |
| Fixed assets | 21/28 | €256,987 | €270,644 | +€13,657 | +5.3% |
| Tangible fixed assets | 22/27 | €256,987 | €270,644 | +€13,657 | +5.3% |
| Land and buildings | 22 | €229,046 | €217,155 | -€11,891 | -5.2% |
| Plant, machinery and equipment | 23 | €4,506 | €3,154 | -€1,352 | -30.0% |
| Furniture and vehicles | 24 | €23,435 | €50,335 | +€26,900 | +114.8% |
| Current assets | 29/58 | €131,817 | €155,069 | +€23,252 | +17.6% |
| Stocks and contracts in progress | 3 | €7,571 | €8,689 | +€1,118 | +14.8% |
| Stocks | 30/36 | €7,571 | €8,689 | +€1,118 | +14.8% |
| Amounts receivable within one year | 40/41 | €8,418 | €33,656 | +€25,238 | +299.8% |
| Trade receivables | 40 | - | €27,625 | +€27,625 | |
| Other amounts receivable | 41 | €8,418 | €6,031 | -€2,387 | -28.4% |
| Cash at bank and in hand | 54/58 | €107,399 | €105,112 | -€2,287 | -2.1% |
| Deferred charges and accrued income | 490/1 | €8,428 | €7,611 | -€817 | -9.7% |
| Total equity and liabilities | 10/49 | €388,804 | €425,713 | +€36,909 | +9.5% |
| Equity | 10/15 | €213,149 | €254,484 | +€41,335 | +19.4% |
| Contributions | 10/11 | €66,931 | €66,931 | = | 0.0% |
| Capital | 10 | €66,931 | €66,931 | = | 0.0% |
| Issued capital | 100 | €66,931 | €66,931 | = | 0.0% |
| Reserves | 13 | €128,579 | €169,579 | +€41,000 | +31.9% |
| Non-distributable reserves | 130/1 | €6,693 | €6,693 | = | 0.0% |
| Legal reserve | 130 | €6,693 | €6,693 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,550 | €27,550 | = | 0.0% |
| Distributable reserves | 133 | €94,336 | €135,336 | +€41,000 | +43.5% |
| Profit (loss) carried forward | 14 | €17,639 | €17,973 | +€335 | +1.9% |
| Amounts payable | 17/49 | €175,654 | €171,229 | -€4,425 | -2.5% |
| Amounts payable after more than one year | 17 | €113,012 | €107,369 | -€5,643 | -5.0% |
| Financial debts | 170/4 | €113,012 | €107,369 | -€5,643 | -5.0% |
| Amounts payable within one year | 42/48 | €62,642 | €63,860 | +€1,218 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €23,067 | €29,955 | +€6,888 | +29.9% |
| Trade debts | 44 | €15,862 | €19,363 | +€3,501 | +22.1% |
| Suppliers | 440/4 | €15,862 | €19,363 | +€3,501 | +22.1% |
| Taxes, remuneration and social security | 45 | €23,712 | €14,542 | -€9,171 | -38.7% |
| Taxes | 450/3 | €13,949 | €6,132 | -€7,817 | -56.0% |
| Remuneration and social security | 454/9 | €9,763 | €8,409 | -€1,354 | -13.9% |
| Remuneration, social security and pensions | 62 | €201,122 | €226,887 | +€25,764 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,831 | €22,990 | -€3,840 | -14.3% |
| Other operating charges | 640/8 | €13,116 | €13,214 | +€97 | +0.7% |
| Gross operating margin | 9900 | €274,262 | €327,563 | +€53,301 | +19.4% |
| Operating profit (loss) | 9901 | €33,193 | €64,472 | +€31,279 | +94.2% |
| Financial income | 75/76B | €1,025 | €0 | -€1,025 | -100.0% |
| Recurring financial income | 75 | €1,025 | €0 | -€1,025 | -100.0% |
| Financial charges | 65/66B | €7,618 | €6,415 | -€1,202 | -15.8% |
| Recurring financial charges | 65 | €7,618 | €6,415 | -€1,202 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €26,601 | €58,057 | +€31,456 | +118.3% |
| Income taxes | 67/77 | €9,341 | €16,722 | +€7,381 | +79.0% |
| Profit (loss) for the period | 9904 | €17,260 | €41,335 | +€24,075 | +139.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,260 | €41,335 | +€24,075 | +139.5% |
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 29 September 2026 via checked.be.