DIVO FARMA: 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 FARMA
Largest movements
- Current investments -€125,000
down €125,000 (-100%), from €125,000 to €0
- Cash +€99,349
up €99,349 (+1,805%), from €5,505 to €104,854
mainly Other debts (+€159,867) and Current investments (+€125,000)
- Receivables within one year -€71,451
down €71,451 (-51.4%), from €138,889 to €67,438
of which Other amounts receivable: -€81,682
- Reserves -€272,495
down €272,495 (-100%), from €272,495 to €0
- Other debts +€159,867
up €159,867, from €0 to €159,867
- Tax, wage and social debts +€12,739
up €12,739, from €0 to €12,739
of which Taxes: +€10,225
- Gross operating margin +€15,207
up €15,207 (+41.5%), from €36,665 to €51,872
- Taxes +€2,533
up €2,533 (+30.9%), from €8,200 to €10,733
- Financial income -€2,283
down €2,283 (-36.3%), from €6,283 to €4,000
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 | €277,739 | €178,558 | -€99,180 | -35.7% |
| Fixed assets | 21/28 | €6,587 | €4,281 | -€2,306 | -35.0% |
| Tangible fixed assets | 22/27 | €6,587 | €4,281 | -€2,306 | -35.0% |
| Plant, machinery and equipment | 23 | €498 | €120 | -€378 | -75.9% |
| Furniture and vehicles | 24 | €6,090 | €4,161 | -€1,928 | -31.7% |
| Current assets | 29/58 | €271,151 | €174,277 | -€96,874 | -35.7% |
| Amounts receivable within one year | 40/41 | €138,889 | €67,438 | -€71,451 | -51.4% |
| Trade receivables | 40 | €6,240 | €16,471 | +€10,231 | +164% |
| Other amounts receivable | 41 | €132,649 | €50,967 | -€81,682 | -61.6% |
| Current investments | 50/53 | €125,000 | €0 | -€125,000 | -100% |
| Cash at bank and in hand | 54/58 | €5,505 | €104,854 | +€99,349 | +1,805% |
| Deferred charges and accrued income | 490/1 | €1,757 | €1,984 | +€227 | +12.9% |
| Total equity and liabilities | 10/49 | €277,739 | €178,558 | -€99,180 | -35.7% |
| Equity | 10/15 | €275,495 | €3,000 | -€272,495 | -98.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €272,495 | €0 | -€272,495 | -100% |
| Distributable reserves | 133 | €272,495 | €0 | -€272,495 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €2,244 | €175,558 | +€173,314 | +7,723% |
| Amounts payable within one year | 42/48 | €224 | €172,724 | +€172,500 | +77,009% |
| Trade debts | 44 | €224 | €118 | -€106 | -47.5% |
| Suppliers | 440/4 | €224 | €118 | -€106 | -47.5% |
| Taxes, remuneration and social security | 45 | €0 | €12,739 | +€12,739 | |
| Taxes | 450/3 | €0 | €10,225 | +€10,225 | |
| Remuneration and social security | 454/9 | - | €2,514 | +€2,514 | |
| Other amounts payable | 47/48 | €0 | €159,867 | +€159,867 | |
| Accrued charges and deferred income | 492/3 | €2,020 | €2,834 | +€814 | +40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,306 | €2,306 | = | 0.0% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €36,665 | €51,872 | +€15,207 | +41.5% |
| Operating profit (loss) | 9901 | €33,910 | €49,105 | +€15,195 | +44.8% |
| Financial income | 75/76B | €6,283 | €4,000 | -€2,283 | -36.3% |
| Recurring financial income | 75 | €6,283 | €4,000 | -€2,283 | -36.3% |
| Financial charges | 65/66B | €1,274 | €912 | -€362 | -28.4% |
| Recurring financial charges | 65 | €1,274 | €912 | -€362 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €38,918 | €52,192 | +€13,274 | +34.1% |
| Income taxes | 67/77 | €8,200 | €10,733 | +€2,533 | +30.9% |
| Profit (loss) for the period | 9904 | €30,718 | €41,460 | +€10,741 | +35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,718 | €41,460 | +€10,741 | +35.0% |
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 18 October 2026 via checked.be.