Feestzaal Diamond Palace: 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.
Feestzaal Diamond Palace
Largest movements
- Receivables within one year -€49,499
down €49,499 (-44.5%), from €111,282 to €61,783
of which Trade receivables: -€49,943
- Cash -€15,450
down €15,450 (-5.3%), from €292,477 to €277,027
mainly Trade debts (-€62,931) and Other debts (-€36,193)
- Deferred charges and accrued income +€13,412
up €13,412 (+52.9%), from €25,373 to €38,786
- Tangible fixed assets -€11,594
down €11,594 (-24.5%), from €47,416 to €35,822
- Trade debts -€62,931
down €62,931 (-89.4%), from €70,413 to €7,483
- Other debts -€36,193
down €36,193 (-40.7%), from €88,949 to €52,756
- Provisions +€20,057
new in 2024: €20,057
- Tax, wage and social debts +€10,433
up €10,433 (+18.5%), from €56,522 to €66,955
of which Taxes: +€9,144
- Gross operating margin -€39,106
down €39,106 (-34.6%), from €112,908 to €73,803
- Taxes +€20,353
up €20,353 (+79.1%), from €25,733 to €46,086
- Depreciation -€8,485
down €8,485 (-42.3%), from €20,079 to €11,594
- Staff costs +€6,271
new in 2024: €6,271
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.
Derived cash bridge
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 | €479,888 | €416,757 | -€63,131 | -13.2% |
| Fixed assets | 21/28 | €50,756 | €39,162 | -€11,594 | -22.8% |
| Tangible fixed assets | 22/27 | €47,416 | €35,822 | -€11,594 | -24.5% |
| Plant, machinery and equipment | 23 | €9,343 | €7,024 | -€2,319 | -24.8% |
| Furniture and vehicles | 24 | €10,988 | €7,495 | -€3,493 | -31.8% |
| Other tangible fixed assets | 26 | €27,085 | €21,303 | -€5,782 | -21.3% |
| Financial fixed assets | 28 | €3,340 | €3,340 | = | 0.0% |
| Current assets | 29/58 | €429,132 | €377,595 | -€51,537 | -12.0% |
| Amounts receivable within one year | 40/41 | €111,282 | €61,783 | -€49,499 | -44.5% |
| Trade receivables | 40 | €110,241 | €60,298 | -€49,943 | -45.3% |
| Other amounts receivable | 41 | €1,041 | €1,485 | +€444 | +42.6% |
| Cash at bank and in hand | 54/58 | €292,477 | €277,027 | -€15,450 | -5.3% |
| Deferred charges and accrued income | 490/1 | €25,373 | €38,786 | +€13,412 | +52.9% |
| Total equity and liabilities | 10/49 | €479,888 | €416,757 | -€63,131 | -13.2% |
| Equity | 10/15 | €157,635 | €161,896 | +€4,260 | +2.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €137,000 | €141,000 | +€4,000 | +2.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €135,000 | €139,000 | +€4,000 | +3.0% |
| Profit (loss) carried forward | 14 | €635 | €896 | +€260 | +41.0% |
| Provisions and deferred taxes | 16 | - | €20,057 | +€20,057 | |
| Provisions for liabilities and charges | 160/5 | - | €20,057 | +€20,057 | |
| Taxes | 161 | - | €20,057 | +€20,057 | |
| Amounts payable | 17/49 | €322,253 | €234,805 | -€87,448 | -27.1% |
| Amounts payable after more than one year | 17 | €55,000 | €55,000 | = | 0.0% |
| Financial debts | 170/4 | €55,000 | €55,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €265,163 | €176,473 | -€88,690 | -33.4% |
| Trade debts | 44 | €70,413 | €7,483 | -€62,931 | -89.4% |
| Suppliers | 440/4 | €70,413 | €7,483 | -€62,931 | -89.4% |
| Advances received on contracts in progress | 46 | €49,279 | €49,279 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €56,522 | €66,955 | +€10,433 | +18.5% |
| Taxes | 450/3 | €56,522 | €65,666 | +€9,144 | +16.2% |
| Remuneration and social security | 454/9 | - | €1,289 | +€1,289 | |
| Other amounts payable | 47/48 | €88,949 | €52,756 | -€36,193 | -40.7% |
| Accrued charges and deferred income | 492/3 | €2,090 | €3,332 | +€1,242 | +59.4% |
| Remuneration, social security and pensions | 62 | - | €6,271 | +€6,271 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,079 | €11,594 | -€8,485 | -42.3% |
| Other operating charges | 640/8 | €5,151 | €4,555 | -€596 | -11.6% |
| Gross operating margin | 9900 | €112,908 | €73,803 | -€39,106 | -34.6% |
| Operating profit (loss) | 9901 | €87,679 | €51,383 | -€36,296 | -41.4% |
| Financial income | 75/76B | €51 | €97 | +€46 | +90.9% |
| Recurring financial income | 75 | €51 | €97 | +€46 | +90.9% |
| Financial charges | 65/66B | €645 | €1,133 | +€488 | +75.5% |
| Recurring financial charges | 65 | €645 | €1,133 | +€488 | +75.5% |
| Profit (loss) for the period before taxes | 9903 | €87,084 | €50,347 | -€36,737 | -42.2% |
| Income taxes | 67/77 | €25,733 | €46,086 | +€20,353 | +79.1% |
| Profit (loss) for the period | 9904 | €61,350 | €4,260 | -€57,090 | -93.1% |
| Profit (loss) for the period to be appropriated | 9905 | €61,350 | €4,260 | -€57,090 | -93.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.