LE DIABLE DES MERS: 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.
LE DIABLE DES MERS
Largest movements
- Cash -€59,048
down €59,048 (-29.1%), from €202,805 to €143,757
mainly Contributions, distributions and other (-€63,968) and Current investments (-€50,000)
- Current investments +€50,000
new in 2025: €50,000
- Tangible fixed assets -€21,348
down €21,348 (-30.8%), from €69,401 to €48,053
of which Leasing and similar rights: -€20,726
- Receivables within one year +€3,398
up €3,398 (+54.8%), from €6,205 to €9,603
of which Other amounts receivable: +€2,610
- Other debts +€42,229
up €42,229 (+1,154%), from €3,658 to €45,887
- Reserves -€28,065
down €28,065 (-16.9%), from €166,411 to €138,346
- Trade debts -€23,776
down €23,776 (-32.5%), from €73,235 to €49,459
- Contributions -€18,100
down €18,100 (-97.3%), from €18,600 to €500
- Gross operating margin +€14,503
up €14,503 (+17.2%), from €84,294 to €98,797
- Depreciation +€14,007
up €14,007 (+37.3%), from €37,559 to €51,566
- Financial charges +€2,279
up €2,279 (+50.5%), from €4,512 to €6,790
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 | €287,610 | €258,166 | -€29,444 | -10.2% |
| Fixed assets | 21/28 | €69,686 | €48,338 | -€21,348 | -30.6% |
| Tangible fixed assets | 22/27 | €69,401 | €48,053 | -€21,348 | -30.8% |
| Plant, machinery and equipment | 23 | €34,607 | €33,518 | -€1,089 | -3.1% |
| Furniture and vehicles | 24 | €794 | €1,261 | +€467 | +58.8% |
| Leasing and similar rights | 25 | €34,000 | €13,274 | -€20,726 | -61.0% |
| Financial fixed assets | 28 | €285 | €285 | = | 0.0% |
| Current assets | 29/58 | €217,924 | €209,828 | -€8,096 | -3.7% |
| Amounts receivable within one year | 40/41 | €6,205 | €9,603 | +€3,398 | +54.8% |
| Trade receivables | 40 | €0 | €788 | +€788 | |
| Other amounts receivable | 41 | €6,205 | €8,815 | +€2,610 | +42.1% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €202,805 | €143,757 | -€59,048 | -29.1% |
| Deferred charges and accrued income | 490/1 | €8,914 | €6,468 | -€2,446 | -27.4% |
| Total equity and liabilities | 10/49 | €287,610 | €258,166 | -€29,444 | -10.2% |
| Equity | 10/15 | €185,011 | €138,846 | -€46,165 | -25.0% |
| Contributions | 10/11 | €18,600 | €500 | -€18,100 | -97.3% |
| Reserves | 13 | €166,411 | €138,346 | -€28,065 | -16.9% |
| Distributable reserves | 133 | €166,411 | €138,346 | -€28,065 | -16.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €102,599 | €119,320 | +€16,721 | +16.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €102,506 | €119,271 | +€16,765 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €15,314 | €13,205 | -€2,108 | -13.8% |
| Trade debts | 44 | €73,235 | €49,459 | -€23,776 | -32.5% |
| Suppliers | 440/4 | €73,235 | €49,459 | -€23,776 | -32.5% |
| Taxes, remuneration and social security | 45 | €10,300 | €10,720 | +€420 | +4.1% |
| Taxes | 450/3 | €4,976 | €6,673 | +€1,697 | +34.1% |
| Remuneration and social security | 454/9 | €5,324 | €4,047 | -€1,277 | -24.0% |
| Other amounts payable | 47/48 | €3,658 | €45,887 | +€42,229 | +1,154% |
| Accrued charges and deferred income | 492/3 | €93 | €49 | -€44 | -47.1% |
| Remuneration, social security and pensions | 62 | €12,013 | €12,122 | +€109 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,559 | €51,566 | +€14,007 | +37.3% |
| Other operating charges | 640/8 | €2,588 | €3,067 | +€479 | +18.5% |
| Gross operating margin | 9900 | €84,294 | €98,797 | +€14,503 | +17.2% |
| Operating profit (loss) | 9901 | €32,134 | €32,043 | -€92 | -0.3% |
| Financial income | 75/76B | €0 | €476 | +€476 | +206,765% |
| Recurring financial income | 75 | €0 | €476 | +€476 | +206,765% |
| Financial charges | 65/66B | €4,512 | €6,790 | +€2,279 | +50.5% |
| Recurring financial charges | 65 | €4,512 | €6,790 | +€2,279 | +50.5% |
| Profit (loss) for the period before taxes | 9903 | €27,623 | €25,728 | -€1,895 | -6.9% |
| Income taxes | 67/77 | €7,589 | €7,925 | +€336 | +4.4% |
| Profit (loss) for the period | 9904 | €20,034 | €17,803 | -€2,231 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,034 | €17,803 | -€2,231 | -11.1% |
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 30 October 2026 via checked.be.