GROS DIFFUSION: 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.
GROS DIFFUSION
Largest movements
- Cash +€53,518
up €53,518 (+11.4%), from €471,242 to €524,760
mainly Net result for the year (+€209,143) and Accrued charges and deferred income (+€169,547)
- Receivables within one year +€53,231
up €53,231 (+1.7%), from €3.2m to €3.2m
of which Trade receivables: +€54,892
- Other debts -€248,187
down €248,187 (-64.1%), from €387,115 to €138,928
- Profit (loss) carried forward +€209,143
up €209,143 (+26.9%), from €776,076 to €985,218
- Accrued charges and deferred income +€169,547
up €169,547 (+177.6%), from €95,459 to €265,005
- Gross operating margin -€177,295
down €177,295 (-31.5%), from €562,169 to €384,873
- Financial income +€98,692
up €98,692 (+153.6%), from €64,255 to €162,946
- Taxes -€54,341
down €54,341 (-35.3%), from €153,773 to €99,432
- Financial charges +€40,344
up €40,344 (+35.9%), from €112,330 to €152,674
- Staff costs +€9,970
up €9,970 (+13.2%), from €75,483 to €85,453
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 | €4,428,101 | €4,546,095 | +€117,994 | +2.7% |
| Fixed assets | 21/28 | €1,620 | €1,620 | = | 0.0% |
| Financial fixed assets | 28 | €1,620 | €1,620 | = | 0.0% |
| Current assets | 29/58 | €4,426,481 | €4,544,475 | +€117,994 | +2.7% |
| Stocks and contracts in progress | 3 | €755,000 | €772,000 | +€17,000 | +2.3% |
| Stocks | 30/36 | €755,000 | €772,000 | +€17,000 | +2.3% |
| Amounts receivable within one year | 40/41 | €3,194,484 | €3,247,715 | +€53,231 | +1.7% |
| Trade receivables | 40 | €3,191,973 | €3,246,865 | +€54,892 | +1.7% |
| Other amounts receivable | 41 | €2,510 | €850 | -€1,661 | -66.2% |
| Cash at bank and in hand | 54/58 | €471,242 | €524,760 | +€53,518 | +11.4% |
| Deferred charges and accrued income | 490/1 | €5,755 | €0 | -€5,755 | -100.0% |
| Total equity and liabilities | 10/49 | €4,428,101 | €4,546,095 | +€117,994 | +2.7% |
| Equity | 10/15 | €1,814,263 | €2,023,405 | +€209,143 | +11.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,019,595 | €1,019,595 | = | 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 | €1,017,736 | €1,017,736 | = | 0.0% |
| Profit (loss) carried forward | 14 | €776,076 | €985,218 | +€209,143 | +26.9% |
| Provisions and deferred taxes | 16 | €2,975 | €2,975 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,975 | €2,975 | = | 0.0% |
| Other liabilities and charges | 164/5 | €2,975 | €2,975 | = | 0.0% |
| Amounts payable | 17/49 | €2,610,864 | €2,519,716 | -€91,148 | -3.5% |
| Amounts payable within one year | 42/48 | €2,515,405 | €2,254,710 | -€260,695 | -10.4% |
| Financial debts | 43 | €250,000 | €250,000 | = | 0.0% |
| Other loans | 439 | €250,000 | €250,000 | = | 0.0% |
| Trade debts | 44 | €1,643,289 | €1,602,308 | -€40,981 | -2.5% |
| Suppliers | 440/4 | €1,643,289 | €1,602,308 | -€40,981 | -2.5% |
| Taxes, remuneration and social security | 45 | €235,001 | €263,474 | +€28,472 | +12.1% |
| Taxes | 450/3 | €225,126 | €253,205 | +€28,078 | +12.5% |
| Remuneration and social security | 454/9 | €9,875 | €10,269 | +€394 | +4.0% |
| Other amounts payable | 47/48 | €387,115 | €138,928 | -€248,187 | -64.1% |
| Accrued charges and deferred income | 492/3 | €95,459 | €265,005 | +€169,547 | +177.6% |
| Remuneration, social security and pensions | 62 | €75,483 | €85,453 | +€9,970 | +13.2% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €562,169 | €384,873 | -€177,295 | -31.5% |
| Operating profit (loss) | 9901 | €485,600 | €298,302 | -€187,299 | -38.6% |
| Financial income | 75/76B | €64,255 | €162,946 | +€98,692 | +153.6% |
| Recurring financial income | 75 | €64,255 | €162,946 | +€98,692 | +153.6% |
| Financial charges | 65/66B | €112,330 | €152,674 | +€40,344 | +35.9% |
| Recurring financial charges | 65 | €112,330 | €152,674 | +€40,344 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | €437,525 | €308,574 | -€128,951 | -29.5% |
| Income taxes | 67/77 | €153,773 | €99,432 | -€54,341 | -35.3% |
| Profit (loss) for the period | 9904 | €283,752 | €209,143 | -€74,609 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €283,752 | €209,143 | -€74,609 | -26.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.