DIVOCO: 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.
DIVOCO
Largest movements
- Receivables within one year -€3,593
down €3,593 (-41.1%), from €8,751 to €5,158
of which Other amounts receivable: -€4,259
- Tangible fixed assets -€603
down €603 (-2.0%), from €30,877 to €30,274
of which Furniture and vehicles: -€603
- Cash -€558
down €558 (-77.6%), from €720 to €161
mainly Net result for the year (-€4,450) and Other debts (-€1,057)
- Profit (loss) carried forward -€4,450
down €4,450 (-4.6%), from -€96,687 to -€101,137
- Other debts -€1,057
down €1,057 (-1.2%), from €88,684 to €87,628
- Trade debts +€720
up €720 (+29.6%), from €2,437 to €3,158
- Gross operating margin +€3,084
up €3,084 (+56.0%), from -€5,508 to -€2,424
- Financial charges -€581
down €581 (-98.2%), from €592 to €11
- Other operating charges -€422
down €422 (-21.3%), from €1,976 to €1,555
- Financial income +€143
new in 2025: €143
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 | €40,349 | €35,600 | -€4,749 | -11.8% |
| Fixed assets | 21/28 | €30,877 | €30,274 | -€603 | -2.0% |
| Tangible fixed assets | 22/27 | €30,877 | €30,274 | -€603 | -2.0% |
| Land and buildings | 22 | €29,747 | €29,747 | = | 0.0% |
| Furniture and vehicles | 24 | €1,130 | €527 | -€603 | -53.4% |
| Current assets | 29/58 | €9,471 | €5,326 | -€4,145 | -43.8% |
| Amounts receivable within one year | 40/41 | €8,751 | €5,158 | -€3,593 | -41.1% |
| Trade receivables | 40 | €4,325 | €4,990 | +€666 | +15.4% |
| Other amounts receivable | 41 | €4,427 | €168 | -€4,259 | -96.2% |
| Cash at bank and in hand | 54/58 | €720 | €161 | -€558 | -77.6% |
| Deferred charges and accrued income | 490/1 | - | €6 | +€6 | |
| Total equity and liabilities | 10/49 | €40,349 | €35,600 | -€4,749 | -11.8% |
| Equity | 10/15 | -€70,163 | -€74,612 | -€4,450 | -6.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €7,933 | €7,933 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €6,073 | €6,073 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,687 | -€101,137 | -€4,450 | -4.6% |
| Amounts payable | 17/49 | €110,511 | €110,213 | -€299 | -0.3% |
| Amounts payable after more than one year | 17 | €18,195 | €18,195 | = | 0.0% |
| Financial debts | 170/4 | €18,195 | €18,195 | = | 0.0% |
| Amounts payable within one year | 42/48 | €92,316 | €92,018 | -€299 | -0.3% |
| Trade debts | 44 | €2,437 | €3,158 | +€720 | +29.6% |
| Suppliers | 440/4 | €2,437 | €3,158 | +€720 | +29.6% |
| Taxes, remuneration and social security | 45 | €1,195 | €1,232 | +€37 | +3.1% |
| Taxes | 450/3 | €1,195 | €1,232 | +€37 | +3.1% |
| Other amounts payable | 47/48 | €88,684 | €87,628 | -€1,057 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €603 | €603 | = | 0.0% |
| Other operating charges | 640/8 | €1,976 | €1,555 | -€422 | -21.3% |
| Gross operating margin | 9900 | -€5,508 | -€2,424 | +€3,084 | +56.0% |
| Operating profit (loss) | 9901 | -€8,087 | -€4,582 | +€3,505 | +43.3% |
| Financial income | 75/76B | - | €143 | +€143 | |
| Recurring financial income | 75 | - | €143 | +€143 | |
| Financial charges | 65/66B | €592 | €11 | -€581 | -98.2% |
| Recurring financial charges | 65 | €592 | €11 | -€581 | -98.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,679 | -€4,450 | +€4,229 | +48.7% |
| Profit (loss) for the period | 9904 | -€8,679 | -€4,450 | +€4,229 | +48.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,679 | -€4,450 | +€4,229 | +48.7% |
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 15 October 2026 via checked.be.