DIVITRI: 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.
DIVITRI
Largest movements
- Financial fixed assets -€360,000
no longer reported in 2024 (was €360,000)
- Tangible fixed assets -€271,779
down €271,779 (-14.5%), from €1.9m to €1.6m
of which Land and buildings: -€253,231
- Cash -€82,388
down €82,388 (-44.2%), from €186,508 to €104,121
mainly Other debts (-€727,747) and Accrued charges and deferred income (-€295,663)
- Receivables within one year +€49,198
up €49,198 (+21.6%), from €227,925 to €277,124
of which Other amounts receivable: +€79,480
- Reserves +€816,437
new in 2024: €816,437
- Other debts -€727,747
down €727,747 (-86.5%), from €841,391 to €113,643
- Profit (loss) carried forward -€403,293
no longer reported in 2024 (was €403,293)
- Accrued charges and deferred income -€295,663
down €295,663 (-22.6%), from €1.3m to €1.0m
- Trade debts -€85,102
down €85,102 (-92.9%), from €91,615 to €6,513
- Depreciation -€375,084
down €375,084 (-69.9%), from €536,630 to €161,546
- Financial income +€339,303
up €339,303 (+37286042.9%), from €1 to €339,304
- Gross operating margin -€238,257
down €238,257 (-33.2%), from €718,198 to €479,941
- Staff costs -€22,996
down €22,996 (-25.6%), from €89,862 to €66,866
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,675,786 | €1,993,731 | -€682,055 | -25.5% |
| Fixed assets | 21/28 | €2,240,392 | €1,608,612 | -€631,779 | -28.2% |
| Tangible fixed assets | 22/27 | €1,880,392 | €1,608,612 | -€271,779 | -14.5% |
| Land and buildings | 22 | €1,643,178 | €1,389,946 | -€253,231 | -15.4% |
| Plant, machinery and equipment | 23 | €173,114 | €161,491 | -€11,622 | -6.7% |
| Furniture and vehicles | 24 | €64,100 | €57,174 | -€6,926 | -10.8% |
| Financial fixed assets | 28 | €360,000 | - | -€360,000 | |
| Current assets | 29/58 | €435,394 | €385,119 | -€50,276 | -11.5% |
| Amounts receivable within one year | 40/41 | €227,925 | €277,124 | +€49,198 | +21.6% |
| Trade receivables | 40 | €146,033 | €115,751 | -€30,282 | -20.7% |
| Other amounts receivable | 41 | €81,893 | €161,373 | +€79,480 | +97.1% |
| Cash at bank and in hand | 54/58 | €186,508 | €104,121 | -€82,388 | -44.2% |
| Deferred charges and accrued income | 490/1 | €20,960 | €3,874 | -€17,086 | -81.5% |
| Total equity and liabilities | 10/49 | €2,675,786 | €1,993,731 | -€682,055 | -25.5% |
| Equity | 10/15 | €415,293 | €828,437 | +€413,144 | +99.5% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Capital | 10 | €12,000 | €12,000 | = | 0.0% |
| Issued capital | 100 | €18,550 | €18,550 | = | 0.0% |
| Uncalled capital | 101 | €6,550 | €6,550 | = | 0.0% |
| Reserves | 13 | - | €816,437 | +€816,437 | |
| Distributable reserves | 133 | - | €816,437 | +€816,437 | |
| Profit (loss) carried forward | 14 | €403,293 | - | -€403,293 | |
| Amounts payable | 17/49 | €2,260,493 | €1,165,294 | -€1.1m | -48.4% |
| Amounts payable within one year | 42/48 | €949,747 | €150,212 | -€799,536 | -84.2% |
| Trade debts | 44 | €91,615 | €6,513 | -€85,102 | -92.9% |
| Suppliers | 440/4 | €91,615 | €6,513 | -€85,102 | -92.9% |
| Taxes, remuneration and social security | 45 | €16,742 | €30,055 | +€13,314 | +79.5% |
| Taxes | 450/3 | €2,366 | €10,580 | +€8,213 | +347.1% |
| Remuneration and social security | 454/9 | €14,375 | €19,475 | +€5,100 | +35.5% |
| Other amounts payable | 47/48 | €841,391 | €113,643 | -€727,747 | -86.5% |
| Accrued charges and deferred income | 492/3 | €1,310,746 | €1,015,082 | -€295,663 | -22.6% |
| Remuneration, social security and pensions | 62 | €89,862 | €66,866 | -€22,996 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €536,630 | €161,546 | -€375,084 | -69.9% |
| Other operating charges | 640/8 | €507 | €743 | +€236 | +46.5% |
| Non-recurring operating charges | 66A | €14,877 | €168,045 | +€153,168 | +1029.6% |
| Gross operating margin | 9900 | €718,198 | €479,941 | -€238,257 | -33.2% |
| Operating profit (loss) | 9901 | €76,322 | €82,741 | +€6,419 | +8.4% |
| Financial income | 75/76B | €1 | €339,304 | +€339,303 | +37286042.9% |
| Recurring financial income | 75 | €1 | €339,304 | +€339,303 | +37286042.9% |
| Financial charges | 65/66B | -€8,307 | -€11,100 | -€2,793 | -33.6% |
| Recurring financial charges | 65 | -€8,307 | -€11,100 | -€2,793 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €84,629 | €433,144 | +€348,515 | +411.8% |
| Income taxes | 67/77 | €19,458 | €20,000 | +€542 | +2.8% |
| Profit (loss) for the period | 9904 | €65,171 | €413,144 | +€347,973 | +533.9% |
| Profit (loss) for the period to be appropriated | 9905 | €65,171 | €413,144 | +€347,973 | +533.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.