DIVO: 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.
DIVO
Largest movements
- Cash -€77,892
down €77,892 (-93.7%), from €83,152 to €5,261
mainly Advances received (-€76,996) and Investment in fixed assets (net) (-€42,684)
- Tangible fixed assets +€28,335
up €28,335 (+281.1%), from €10,081 to €38,416
of which Furniture and vehicles: +€28,335
- Receivables within one year -€5,119
down €5,119 (-69.5%), from €7,364 to €2,245
of which Other amounts receivable: -€5,264
- Advances received -€76,996
no longer reported in 2025 (was €76,996)
- Profit (loss) carried forward +€22,952
up €22,952 (+1260.9%), from €1,820 to €24,772
- Turnover -€101,229
no longer reported in 2025 (was €101,229)
- Purchases and services -€97,611
no longer reported in 2025 (was €97,611)
- Gross operating margin +€34,678
up €34,678 (+818.3%), from €4,238 to €38,916
- Depreciation +€10,237
up €10,237 (+248.9%), from €4,112 to €14,349
- Taxes -€1,112
no longer reported in 2025 (was €1,112)
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 | €101,348 | €45,921 | -€55,426 | -54.7% |
| Fixed assets | 21/28 | €10,081 | €38,416 | +€28,335 | +281.1% |
| Tangible fixed assets | 22/27 | €10,081 | €38,416 | +€28,335 | +281.1% |
| Plant, machinery and equipment | 23 | €1,636 | €1,636 | = | 0.0% |
| Furniture and vehicles | 24 | €8,446 | €36,780 | +€28,335 | +335.5% |
| Current assets | 29/58 | €91,266 | €7,505 | -€83,761 | -91.8% |
| Amounts receivable within one year | 40/41 | €7,364 | €2,245 | -€5,119 | -69.5% |
| Trade receivables | 40 | - | €145 | +€145 | |
| Other amounts receivable | 41 | €7,364 | €2,100 | -€5,264 | -71.5% |
| Current investments | 50/53 | €750 | - | -€750 | |
| Cash at bank and in hand | 54/58 | €83,152 | €5,261 | -€77,892 | -93.7% |
| Total equity and liabilities | 10/49 | €101,348 | €45,921 | -€55,426 | -54.7% |
| Equity | 10/15 | €8,020 | €30,972 | +€22,952 | +286.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,820 | €24,772 | +€22,952 | +1260.9% |
| Amounts payable | 17/49 | €93,327 | €14,950 | -€78,378 | -84.0% |
| Amounts payable within one year | 42/48 | €93,327 | €14,950 | -€78,378 | -84.0% |
| Trade debts | 44 | €279 | - | -€279 | |
| Suppliers | 440/4 | €279 | - | -€279 | |
| Advances received on contracts in progress | 46 | €76,996 | - | -€76,996 | |
| Taxes, remuneration and social security | 45 | €1,516 | €750 | -€766 | -50.5% |
| Taxes | 450/3 | €1,516 | - | -€1,516 | |
| Remuneration and social security | 454/9 | - | €750 | +€750 | |
| Other amounts payable | 47/48 | €14,537 | €14,200 | -€337 | -2.3% |
| Turnover | 70 | €101,229 | - | -€101,229 | |
| Goods, raw materials, services and sundry goods | 60/61 | €97,611 | - | -€97,611 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,112 | €14,349 | +€10,237 | +248.9% |
| Other operating charges | 640/8 | €444 | €1,524 | +€1,080 | +243.2% |
| Gross operating margin | 9900 | €4,238 | €38,916 | +€34,678 | +818.3% |
| Operating profit (loss) | 9901 | -€319 | €23,043 | +€23,361 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €89 | €91 | +€2 | +2.8% |
| Recurring financial charges | 65 | €89 | €91 | +€2 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | -€407 | €22,952 | +€23,359 | |
| Income taxes | 67/77 | €1,112 | - | -€1,112 | |
| Profit (loss) for the period | 9904 | -€1,520 | €22,952 | +€24,471 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,520 | €22,952 | +€24,471 |
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 11 October 2026 via checked.be.