HK DIAM: 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.
What changed
HK DIAM
NACE 46.861, Wholesale of diamonds and other precious stones
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2.3m
2024 · -€602,010-€1.7m
Equity
€19.0m
2024 · €21.4m-€2.3m
Cash
€478,184
2024 · €1.6m-€1.2m
Balance sheet total
€46.3m
2024 · €31.7m+€14.6m
Largest movements
Assets
- Receivables within one year +€14.0m
up €14.0m (+53.3%), from €26.3m to €40.4m
of which Trade receivables: +€14.0m
- Stocks and contracts +€1.8m
up €1.8m (+64.0%), from €2.8m to €4.6m
- Cash -€1.2m
down €1.2m (-71.0%), from €1.6m to €478,184
mainly Receivables within one year (-€14.0m) and Net result for the year (-€2.3m)
Equity and liabilities
- Trade debts +€17.4m
up €17.4m (+347.8%), from €5.0m to €22.4m
- Reserves -€2.3m
down €2.3m (-13.1%), from €17.9m to €15.5m
of which Distributable reserves: -€2.3m
- Debts after one year -€473,848
down €473,848 (-9.7%), from €4.9m to €4.4m
Income statement
- Goods and materials +€25.1m
up €25.1m (+72.8%), from €34.5m to €59.5m
of which Purchases: +€25.4m
- Turnover +€19.7m
up €19.7m (+53.8%), from €36.6m to €56.2m
- Write-downs -€3.8m
down €3.8m, from €1.9m to -€1.9m
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.
Result 2024
-€602,010
Turnover
+€19.7m
Other operating income
-€3,917
Goods and materials
-€25.1m
Services and other goods
-€41,785
Staff costs
-€5,314
Depreciation
+€9,598
Write-downs
+€3.8m
Other operating charges
-€546
Financial income
-€60,853
Financial charges
+€27,829
Taxes
-€22,969
Result 2025
-€2.3m
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.
From operations
-€696,217
Investment
€0
Financing
-€473,412
Cash 2024
€1.6m
From operations (derived)
-€696,217
Net result for the year
-€2.3m
Depreciation
+€102,110
Stocks and contracts
-€1.8m
Receivables within one year
-€14.0m
Smaller working-capital items
+€8,909
Trade debts
+€17.4m
Tax, wage and social debts
-€44,774
Financing
-€473,412
Debts after one year
-€473,848
Current portion of long-term debt
+€436
Cash 2025
€478,184
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,715,672 | €46,267,961 | +€14.6m | +45.9% |
| Fixed assets | 21/28 | €947,318 | €845,209 | -€102,110 | -10.8% |
| Intangible fixed assets | 21 | €2,959 | €1,429 | -€1,530 | -51.7% |
| Tangible fixed assets | 22/27 | €942,279 | €841,699 | -€100,580 | -10.7% |
| Land and buildings | 22 | €795,050 | €759,101 | -€35,949 | -4.5% |
| Plant, machinery and equipment | 23 | €114,584 | €62,853 | -€51,731 | -45.1% |
| Furniture and vehicles | 24 | €32,645 | €19,745 | -€12,900 | -39.5% |
| Financial fixed assets | 28 | €2,080 | €2,080 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,080 | €2,080 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,080 | €2,080 | = | 0.0% |
| Current assets | 29/58 | €30,768,354 | €45,422,752 | +€14.7m | +47.6% |
| Stocks and contracts in progress | 3 | €2,789,229 | €4,573,492 | +€1.8m | +64.0% |
| Stocks | 30/36 | €2,789,229 | €4,573,492 | +€1.8m | +64.0% |
| Goods purchased for resale | 34 | €2,789,229 | €4,573,492 | +€1.8m | +64.0% |
| Amounts receivable within one year | 40/41 | €26,321,312 | €40,360,668 | +€14.0m | +53.3% |
| Trade receivables | 40 | €26,296,440 | €40,321,616 | +€14.0m | +53.3% |
| Other amounts receivable | 41 | €24,872 | €39,052 | +€14,180 | +57.0% |
| Cash at bank and in hand | 54/58 | €1,647,813 | €478,184 | -€1.2m | -71.0% |
| Deferred charges and accrued income | 490/1 | €9,999 | €10,408 | +€408 | +4.1% |
| Total equity and liabilities | 10/49 | €31,715,672 | €46,267,961 | +€14.6m | +45.9% |
| Equity | 10/15 | €21,375,190 | €19,039,369 | -€2.3m | -10.9% |
| Contributions | 10/11 | €3,495,000 | €3,495,000 | = | 0.0% |
| Reserves | 13 | €17,880,190 | €15,544,369 | -€2.3m | -13.1% |
| Non-distributable reserves | 130/1 | €349,500 | €349,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €349,500 | €349,500 | = | 0.0% |
| Distributable reserves | 133 | €17,530,690 | €15,194,869 | -€2.3m | -13.3% |
| Amounts payable | 17/49 | €10,340,482 | €27,228,592 | +€16.9m | +163.3% |
| Amounts payable after more than one year | 17 | €4,871,828 | €4,397,980 | -€473,848 | -9.7% |
| Financial debts | 170/4 | €4,871,828 | €4,397,980 | -€473,848 | -9.7% |
| Credit institutions | 173 | €55,026 | €44,326 | -€10,699 | -19.4% |
| Other loans | 174 | €4,816,802 | €4,353,653 | -€463,149 | -9.6% |
| Amounts payable within one year | 42/48 | €5,468,654 | €22,830,613 | +€17.4m | +317.5% |
| Current portion of amounts payable after more than one year | 42 | €10,263 | €10,699 | +€436 | +4.2% |
| Trade debts | 44 | €5,001,843 | €22,398,823 | +€17.4m | +347.8% |
| Suppliers | 440/4 | €5,001,843 | €22,398,823 | +€17.4m | +347.8% |
| Taxes, remuneration and social security | 45 | €257,869 | €213,095 | -€44,774 | -17.4% |
| Taxes | 450/3 | €241,649 | €196,294 | -€45,355 | -18.8% |
| Remuneration and social security | 454/9 | €16,220 | €16,801 | +€580 | +3.6% |
| Other amounts payable | 47/48 | €198,679 | €207,996 | +€9,317 | +4.7% |
| Operating income | 70/76A | €36,593,370 | €56,272,989 | +€19.7m | +53.8% |
| Turnover | 70 | €36,559,453 | €56,242,989 | +€19.7m | +53.8% |
| Other operating income | 74 | €33,917 | €30,000 | -€3,917 | -11.5% |
| Operating charges | 60/66A | €36,945,416 | €58,302,853 | +€21.4m | +57.8% |
| Goods for resale, raw materials and consumables | 60 | €34,451,795 | €59,540,123 | +€25.1m | +72.8% |
| Purchases | 600/8 | €34,043,766 | €59,439,917 | +€25.4m | +74.6% |
| Change in stocks: decrease (increase) | 609 | €408,029 | €100,206 | -€307,823 | -75.4% |
| Services and other goods | 61 | €354,004 | €395,788 | +€41,785 | +11.8% |
| Remuneration, social security and pensions | 62 | €129,711 | €135,025 | +€5,314 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,708 | €102,110 | -€9,598 | -8.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,884,469 | -€1,884,469 | -€3.8m | |
| Other operating charges | 640/8 | €13,729 | €14,275 | +€546 | +4.0% |
| Operating profit (loss) | 9901 | -€352,045 | -€2,029,863 | -€1.7m | -476.6% |
| Financial income | 75/76B | €61,766 | €913 | -€60,853 | -98.5% |
| Recurring financial income | 75 | €61,766 | €913 | -€60,853 | -98.5% |
| Income from current assets | 751 | €61,731 | €559 | -€61,172 | -99.1% |
| Other financial income | 752/9 | €35 | €354 | +€319 | +909.5% |
| Financial charges | 65/66B | €222,066 | €194,237 | -€27,829 | -12.5% |
| Recurring financial charges | 65 | €222,066 | €194,237 | -€27,829 | -12.5% |
| Debt charges | 650 | €171,805 | €150,904 | -€20,901 | -12.2% |
| Other financial charges | 652/9 | €50,261 | €43,334 | -€6,928 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | -€512,345 | -€2,223,187 | -€1.7m | -333.9% |
| Income taxes | 67/77 | €89,665 | €112,634 | +€22,969 | +25.6% |
| Taxes | 670/3 | €89,665 | €112,634 | +€22,969 | +25.6% |
| Profit (loss) for the period | 9904 | -€602,010 | -€2,335,821 | -€1.7m | -288.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€602,010 | -€2,335,821 | -€1.7m | -288.0% |
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 5 October 2026 via checked.be.