DIVINE GEMS: 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.
What changed
DIVINE GEMS
NACE 46.861, Wholesale of diamonds and other precious stones
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€223,323
2023 · €247,735-€24,412
Equity
€720,452
2023 · €497,129+€223,323
Cash
€360,706
2023 · €32,836+€327,870
Balance sheet total
€5.5m
2023 · €5.9m-€355,490
Largest movements
Assets
- Stocks and contracts -€620,711
down €620,711 (-21.9%), from €2.8m to €2.2m
- Cash +€327,870
up €327,870 (+999%), from €32,836 to €360,706
mainly Stocks and contracts (+€620,711) and Net result for the year (+€223,323)
- Receivables within one year -€74,068
down €74,068 (-2.5%), from €3.0m to €2.9m
of which Other amounts receivable: -€475,228
Equity and liabilities
- Other debts -€449,834
down €449,834 (-46.5%), from €968,353 to €518,519
- Reserves +€223,323
up €223,323 (+46.7%), from €478,529 to €701,852
- Trade debts -€81,133
down €81,133 (-1.9%), from €4.3m to €4.2m
Income statement
- Goods and materials -€1.2m
down €1.2m (-9.3%), from €12.7m to €11.5m
of which Change in stocks: decrease (increase): -€797,383
- Turnover -€1.2m
down €1.2m (-8.9%), from €13.3m to €12.1m
From the 2023 result to the 2024 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.
Result 2023
€247,735
Turnover
-€1.2m
Other operating income
-€212
Goods and materials
+€1.2m
Services and other goods
+€1,225
Staff costs
-€12,988
Depreciation
+€194
Other operating charges
+€1,764
Financial income
-€22,795
Financial charges
+€587
Taxes
+€7,187
Result 2024
€223,323
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€341,048
Investment
-€13,178
Financing
€0
Cash 2023
€32,836
From operations (derived)
+€341,048
Net result for the year
+€223,323
Depreciation
+€3,024
Stocks and contracts
+€620,711
Receivables within one year
+€74,068
Deferred charges and accrued income
-€1,264
Trade debts
-€81,133
Tax, wage and social debts
-€49,653
Other debts
-€449,834
Accrued charges and deferred income
+€1,806
Investment (derived)
-€13,178
Investment in fixed assets (net)
-€13,178
Cash 2024
€360,706
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,886,137 | €5,530,647 | -€355,490 | -6.0% |
| Fixed assets | 21/28 | €22,763 | €32,917 | +€10,155 | +44.6% |
| Intangible fixed assets | 21 | - | €11,246 | +€11,246 | |
| Tangible fixed assets | 22/27 | €13,837 | €12,746 | -€1,091 | -7.9% |
| Plant, machinery and equipment | 23 | €13,837 | €12,746 | -€1,091 | -7.9% |
| Financial fixed assets | 28 | €8,925 | €8,925 | = | 0.0% |
| Other financial fixed assets | 284/8 | €8,925 | €8,925 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €8,925 | €8,925 | = | 0.0% |
| Current assets | 29/58 | €5,863,375 | €5,497,730 | -€365,645 | -6.2% |
| Stocks and contracts in progress | 3 | €2,837,383 | €2,216,671 | -€620,711 | -21.9% |
| Stocks | 30/36 | €2,837,383 | €2,216,671 | -€620,711 | -21.9% |
| Goods purchased for resale | 34 | €2,837,383 | €2,216,671 | -€620,711 | -21.9% |
| Amounts receivable within one year | 40/41 | €2,980,982 | €2,906,914 | -€74,068 | -2.5% |
| Trade receivables | 40 | €2,421,095 | €2,822,255 | +€401,160 | +16.6% |
| Other amounts receivable | 41 | €559,887 | €84,659 | -€475,228 | -84.9% |
| Cash at bank and in hand | 54/58 | €32,836 | €360,706 | +€327,870 | +999% |
| Deferred charges and accrued income | 490/1 | €12,175 | €13,439 | +€1,264 | +10.4% |
| Total equity and liabilities | 10/49 | €5,886,137 | €5,530,647 | -€355,490 | -6.0% |
| Equity | 10/15 | €497,129 | €720,452 | +€223,323 | +44.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €478,529 | €701,852 | +€223,323 | +46.7% |
| Distributable reserves | 133 | €478,529 | €701,852 | +€223,323 | +46.7% |
| Amounts payable | 17/49 | €5,389,008 | €4,810,195 | -€578,813 | -10.7% |
| Amounts payable within one year | 42/48 | €5,388,622 | €4,808,002 | -€580,619 | -10.8% |
| Trade debts | 44 | €4,320,671 | €4,239,538 | -€81,133 | -1.9% |
| Suppliers | 440/4 | €4,320,671 | €4,239,538 | -€81,133 | -1.9% |
| Taxes, remuneration and social security | 45 | €99,598 | €49,945 | -€49,653 | -49.9% |
| Taxes | 450/3 | €76,927 | €29,922 | -€47,006 | -61.1% |
| Remuneration and social security | 454/9 | €22,670 | €20,023 | -€2,647 | -11.7% |
| Other amounts payable | 47/48 | €968,353 | €518,519 | -€449,834 | -46.5% |
| Accrued charges and deferred income | 492/3 | €386 | €2,192 | +€1,806 | +468% |
| Operating income | 70/76A | €13,313,334 | €12,132,957 | -€1.2m | -8.9% |
| Turnover | 70 | €13,312,998 | €12,132,833 | -€1.2m | -8.9% |
| Other operating income | 74 | €336 | €124 | -€212 | -63.1% |
| Operating charges | 60/66A | €13,023,183 | €11,852,196 | -€1.2m | -9.0% |
| Goods for resale, raw materials and consumables | 60 | €12,650,680 | €11,469,888 | -€1.2m | -9.3% |
| Purchases | 600/8 | €11,232,586 | €10,849,176 | -€383,409 | -3.4% |
| Change in stocks: decrease (increase) | 609 | €1,418,094 | €620,711 | -€797,383 | -56.2% |
| Services and other goods | 61 | €241,730 | €240,505 | -€1,225 | -0.5% |
| Remuneration, social security and pensions | 62 | €123,105 | €136,092 | +€12,988 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,217 | €3,024 | -€194 | -6.0% |
| Other operating charges | 640/8 | €4,451 | €2,687 | -€1,764 | -39.6% |
| Operating profit (loss) | 9901 | €290,151 | €280,761 | -€9,390 | -3.2% |
| Financial income | 75/76B | €24,878 | €2,083 | -€22,795 | -91.6% |
| Recurring financial income | 75 | €24,878 | €2,083 | -€22,795 | -91.6% |
| Other financial income | 752/9 | €24,878 | €2,083 | -€22,795 | -91.6% |
| Financial charges | 65/66B | €37,946 | €37,360 | -€587 | -1.5% |
| Recurring financial charges | 65 | €37,946 | €37,360 | -€587 | -1.5% |
| Debt charges | 650 | €2,243 | €3,410 | +€1,167 | +52.0% |
| Other financial charges | 652/9 | €35,704 | €33,950 | -€1,754 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €277,083 | €245,484 | -€31,599 | -11.4% |
| Income taxes | 67/77 | €29,349 | €22,162 | -€7,187 | -24.5% |
| Taxes | 670/3 | €29,350 | €22,162 | -€7,188 | -24.5% |
| Tax adjustments and reversals of tax provisions | 77 | €1 | - | -€1 | |
| Profit (loss) for the period | 9904 | €247,735 | €223,323 | -€24,412 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €247,735 | €223,323 | -€24,412 | -9.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.