H.V.Diam: 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.
What changed
H.V.Diam
NACE 46.861, Wholesale of diamonds and other precious stones
financial year 2025 compared with 2023not consecutivefiled annual accounts (NBB)
Net result for the year
-€818,115
2023 · €25,669-€843,784
Equity
€6.1m
2023 · €6.9m-€818,115
Cash
€1.4m
2023 · €1.1m+€278,916
Balance sheet total
€6.7m
2023 · €12.2m-€5.5m
Largest movements
Assets
- Receivables within one year -€4.1m
down €4.1m (-46.8%), from €8.8m to €4.7m
of which Trade receivables: -€4.1m
- Stocks and contracts -€1.7m
down €1.7m (-86.6%), from €2.0m to €262,542
- Cash +€278,916
up €278,916 (+25.5%), from €1.1m to €1.4m
Equity and liabilities
- Short-term financial debts -€4.1m
no longer reported in 2025 (was €4.1m)
- Reserves -€818,115
down €818,115 (-22.8%), from €3.6m to €2.8m
of which Distributable reserves: -€818,115
- Trade debts -€494,877
down €494,877 (-59.8%), from €828,238 to €333,361
Income statement
- Turnover -€10.4m
down €10.4m (-37.5%), from €27.7m to €17.3m
- Goods and materials -€8.9m
down €8.9m (-33.4%), from €26.8m to €17.8m
of which Purchases: -€11.8m
- Financial charges -€383,808
down €383,808 (-67.2%), from €571,507 to €187,699
From the 2023 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.
Result 2023
€25,669
Turnover
-€10.4m
Goods and materials
+€8.9m
Services and other goods
+€41,284
Staff costs
+€20,034
Depreciation
-€3,782
Write-downs
-€17,039
Other operating charges
-€116
Other operating items
+€24,001
Financial income
+€148,770
Financial charges
+€383,808
Taxes
+€3,031
Result 2025
-€818,115
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,202,091 | €6,674,542 | -€5.5m | -45.3% |
| Fixed assets | 21/28 | €395,361 | €375,956 | -€19,406 | -4.9% |
| Tangible fixed assets | 22/27 | €393,141 | €373,735 | -€19,406 | -4.9% |
| Land and buildings | 22 | €390,274 | €372,435 | -€17,839 | -4.6% |
| Plant, machinery and equipment | 23 | €2,867 | €1,300 | -€1,566 | -54.6% |
| Financial fixed assets | 28 | €2,221 | €2,221 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,221 | €2,221 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,221 | €2,221 | = | 0.0% |
| Current assets | 29/58 | €11,806,730 | €6,298,586 | -€5.5m | -46.7% |
| Stocks and contracts in progress | 3 | €1,956,745 | €262,542 | -€1.7m | -86.6% |
| Stocks | 30/36 | €1,956,745 | €262,542 | -€1.7m | -86.6% |
| Goods purchased for resale | 34 | €1,956,745 | €262,542 | -€1.7m | -86.6% |
| Amounts receivable within one year | 40/41 | €8,751,214 | €4,658,417 | -€4.1m | -46.8% |
| Trade receivables | 40 | €8,734,456 | €4,653,350 | -€4.1m | -46.7% |
| Other amounts receivable | 41 | €16,758 | €5,067 | -€11,691 | -69.8% |
| Cash at bank and in hand | 54/58 | €1,094,706 | €1,373,622 | +€278,916 | +25.5% |
| Deferred charges and accrued income | 490/1 | €4,065 | €4,005 | -€60 | -1.5% |
| Total equity and liabilities | 10/49 | €12,202,091 | €6,674,542 | -€5.5m | -45.3% |
| Equity | 10/15 | €6,882,938 | €6,064,823 | -€818,115 | -11.9% |
| Contributions | 10/11 | €3,292,000 | €3,292,000 | = | 0.0% |
| Reserves | 13 | €3,590,938 | €2,772,823 | -€818,115 | -22.8% |
| Non-distributable reserves | 130/1 | €329,200 | €329,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €329,200 | €329,200 | = | 0.0% |
| Distributable reserves | 133 | €3,261,738 | €2,443,623 | -€818,115 | -25.1% |
| Amounts payable | 17/49 | €5,319,153 | €609,719 | -€4.7m | -88.5% |
| Amounts payable after more than one year | 17 | €72,687 | €11,339 | -€61,348 | -84.4% |
| Financial debts | 170/4 | €72,687 | €11,339 | -€61,348 | -84.4% |
| Credit institutions | 173 | €72,687 | €11,339 | -€61,348 | -84.4% |
| Amounts payable within one year | 42/48 | €5,232,140 | €598,381 | -€4.6m | -88.6% |
| Current portion of amounts payable after more than one year | 42 | €35,773 | €10,467 | -€25,306 | -70.7% |
| Financial debts | 43 | €4,050,205 | - | -€4.1m | |
| Credit institutions | 430/8 | €4,050,205 | - | -€4.1m | |
| Trade debts | 44 | €828,238 | €333,361 | -€494,877 | -59.8% |
| Suppliers | 440/4 | €828,238 | €333,361 | -€494,877 | -59.8% |
| Taxes, remuneration and social security | 45 | €99,274 | €37,000 | -€62,274 | -62.7% |
| Taxes | 450/3 | €94,885 | €37,000 | -€57,885 | -61.0% |
| Remuneration and social security | 454/9 | €4,389 | - | -€4,389 | |
| Other amounts payable | 47/48 | €218,651 | €217,553 | -€1,098 | -0.5% |
| Accrued charges and deferred income | 492/3 | €14,327 | - | -€14,327 | |
| Operating income | 70/76A | €27,684,574 | €17,325,675 | -€10.4m | -37.4% |
| Turnover | 70 | €27,684,574 | €17,301,674 | -€10.4m | -37.5% |
| Non-recurring operating income | 76A | - | €24,001 | +€24,001 | |
| Operating charges | 60/66A | €27,048,903 | €18,069,397 | -€9.0m | -33.2% |
| Goods for resale, raw materials and consumables | 60 | €26,755,552 | €17,816,426 | -€8.9m | -33.4% |
| Purchases | 600/8 | €27,948,392 | €16,122,223 | -€11.8m | -42.3% |
| Change in stocks: decrease (increase) | 609 | -€1,192,840 | €1,694,203 | +€2.9m | |
| Services and other goods | 61 | €250,816 | €209,532 | -€41,284 | -16.5% |
| Remuneration, social security and pensions | 62 | €30,754 | €10,721 | -€20,034 | -65.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,623 | €19,406 | +€3,782 | +24.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,641 | €6,398 | +€17,039 | |
| Other operating charges | 640/8 | €6,799 | €6,915 | +€116 | +1.7% |
| Operating profit (loss) | 9901 | €635,671 | -€743,722 | -€1.4m | |
| Financial income | 75/76B | €6,271 | €155,041 | +€148,770 | +2,372% |
| Recurring financial income | 75 | €6,271 | €155,041 | +€148,770 | +2,372% |
| Income from current assets | 751 | €6,271 | €16,589 | +€10,318 | +165% |
| Other financial income | 752/9 | - | €138,452 | +€138,452 | |
| Financial charges | 65/66B | €571,507 | €187,699 | -€383,808 | -67.2% |
| Recurring financial charges | 65 | €571,507 | €187,699 | -€383,808 | -67.2% |
| Debt charges | 650 | €312,967 | €166,868 | -€146,099 | -46.7% |
| Other financial charges | 652/9 | €258,541 | €20,831 | -€237,710 | -91.9% |
| Profit (loss) for the period before taxes | 9903 | €70,435 | -€776,380 | -€846,815 | |
| Income taxes | 67/77 | €44,766 | €41,735 | -€3,031 | -6.8% |
| Taxes | 670/3 | €44,766 | €41,735 | -€3,031 | -6.8% |
| Profit (loss) for the period | 9904 | €25,669 | -€818,115 | -€843,784 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,669 | -€818,115 | -€843,784 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.