DIVITIAM: 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.
DIVITIAM
Largest movements
- Cash -€88,314
down €88,314 (-96.6%), from €91,405 to €3,091
mainly Receivables within one year (-€86,252) and Other debts (-€17,475)
- Receivables within one year +€86,252
up €86,252 (+258%), from €33,495 to €119,747
of which Trade receivables: +€92,766
- Trade debts +€19,002
up €19,002 (+46.3%), from €41,022 to €60,024
- Other debts -€17,475
down €17,475 (-33.4%), from €52,353 to €34,878
- Profit (loss) carried forward -€3,589
down €3,589 (-12.2%), from -€29,346 to -€32,936
- Gross operating margin -€244,662
down €244,662, from €243,009 to -€1,652
- Staff costs -€122,773
down €122,773 (-99.2%), from €123,754 to €982
- Financial charges -€26,598
down €26,598 (-98.0%), from €27,143 to €545
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 | €124,900 | €122,837 | -€2,062 | -1.7% |
| Fixed assets | 21/28 | €0 | - | = | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €124,900 | €122,837 | -€2,062 | -1.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €33,495 | €119,747 | +€86,252 | +258% |
| Trade receivables | 40 | €413 | €93,179 | +€92,766 | +22,449% |
| Other amounts receivable | 41 | €33,082 | €26,568 | -€6,514 | -19.7% |
| Cash at bank and in hand | 54/58 | €91,405 | €3,091 | -€88,314 | -96.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €124,900 | €122,837 | -€2,062 | -1.7% |
| Equity | 10/15 | €30,654 | €27,064 | -€3,589 | -11.7% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,346 | -€32,936 | -€3,589 | -12.2% |
| Amounts payable | 17/49 | €94,246 | €95,773 | +€1,527 | +1.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €94,246 | €95,773 | +€1,527 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €41,022 | €60,024 | +€19,002 | +46.3% |
| Suppliers | 440/4 | €41,022 | €60,024 | +€19,002 | +46.3% |
| Taxes, remuneration and social security | 45 | €871 | €871 | = | 0.0% |
| Taxes | 450/3 | €871 | €871 | = | 0.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €52,353 | €34,878 | -€17,475 | -33.4% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €123,754 | €982 | -€122,773 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22 | €0 | -€22 | -100% |
| Other operating charges | 640/8 | €2,705 | €412 | -€2,293 | -84.8% |
| Non-recurring operating charges | 66A | €6,017 | €0 | -€6,017 | -100% |
| Gross operating margin | 9900 | €243,009 | -€1,652 | -€244,662 | |
| Operating profit (loss) | 9901 | €110,511 | -€3,046 | -€113,557 | |
| Financial income | 75/76B | €2 | €2 | -€0 | -14.4% |
| Recurring financial income | 75 | €2 | €2 | -€0 | -14.4% |
| Financial charges | 65/66B | €27,143 | €545 | -€26,598 | -98.0% |
| Recurring financial charges | 65 | €27,143 | €545 | -€26,598 | -98.0% |
| Profit (loss) for the period before taxes | 9903 | €83,370 | -€3,589 | -€86,959 | |
| Profit (loss) for the period | 9904 | €83,370 | -€3,589 | -€86,959 | |
| Profit (loss) for the period to be appropriated | 9905 | €83,370 | -€3,589 | -€86,959 |
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 20 October 2026 via checked.be.