LES DIVAS: 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.
LES DIVAS
Largest movements
- Cash +€37,118
up €37,118 (+188.3%), from €19,714 to €56,833
- Tangible fixed assets +€4,219
up €4,219 (+144.3%), from €2,923 to €7,141
- Receivables within one year +€1,589
new in 2025: €1,589
- Stocks and contracts -€1,550
down €1,550 (-42.2%), from €3,670 to €2,120
- Profit (loss) carried forward +€42,599
up €42,599, from -€10,090 to €32,508
- Trade debts -€6,818
down €6,818 (-66.5%), from €10,252 to €3,434
- Tax, wage and social debts +€6,814
up €6,814 (+81.8%), from €8,334 to €15,148
- Other debts -€1,390
down €1,390 (-43.9%), from €3,168 to €1,778
- Gross operating margin +€4,036
up €4,036 (+77.0%), from €5,239 to €9,275
- Other operating charges -€1,427
no longer reported in 2025 (was €1,427)
- Financial charges +€1,415
up €1,415 (+198.3%), from €713 to €2,128
of which Financial charges: +€773
- Depreciation +€1,187
up €1,187 (+162.8%), from €729 to €1,916
- Taxes +€1,123
new in 2025: €1,123
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.
Cash bridge derived
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 | €26,459 | €67,877 | +€41,418 | +156.5% |
| Fixed assets | 21/28 | €2,923 | €7,141 | +€4,219 | +144.3% |
| Tangible fixed assets | 22/27 | €2,923 | €7,141 | +€4,219 | +144.3% |
| Plant, machinery and equipment | 23 | €2,923 | €7,141 | +€4,219 | +144.3% |
| Current assets | 29/58 | €23,536 | €60,736 | +€37,200 | +158.1% |
| Stocks and contracts in progress | 3 | €3,670 | €2,120 | -€1,550 | -42.2% |
| Stocks | 30/36 | €3,670 | €2,120 | -€1,550 | -42.2% |
| Amounts receivable within one year | 40/41 | - | €1,589 | +€1,589 | |
| Trade receivables | 40 | - | €1,589 | +€1,589 | |
| Cash at bank and in hand | 54/58 | €19,714 | €56,833 | +€37,118 | +188.3% |
| Deferred charges and accrued income | 490/1 | €152 | €194 | +€42 | +27.6% |
| Total equity and liabilities | 10/49 | €26,459 | €67,877 | +€41,418 | +156.5% |
| Equity | 10/15 | €2,490 | €45,088 | +€42,599 | +1711.1% |
| Contributions | 10/11 | €12,580 | €12,580 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,090 | €32,508 | +€42,599 | |
| Amounts payable | 17/49 | €23,970 | €22,789 | -€1,181 | -4.9% |
| Amounts payable within one year | 42/48 | €23,970 | €22,789 | -€1,181 | -4.9% |
| Financial debts | 43 | €2,216 | €2,429 | +€214 | +9.6% |
| Credit institutions | 430/8 | €2,216 | €2,429 | +€214 | +9.6% |
| Trade debts | 44 | €10,252 | €3,434 | -€6,818 | -66.5% |
| Suppliers | 440/4 | €10,252 | €3,434 | -€6,818 | -66.5% |
| Taxes, remuneration and social security | 45 | €8,334 | €15,148 | +€6,814 | +81.8% |
| Taxes | 450/3 | €8,334 | €15,148 | +€6,814 | +81.8% |
| Other amounts payable | 47/48 | €3,168 | €1,778 | -€1,390 | -43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €729 | €1,916 | +€1,187 | +162.8% |
| Other operating charges | 640/8 | €1,427 | - | -€1,427 | |
| Gross operating margin | 9900 | €5,239 | €9,275 | +€4,036 | +77.0% |
| Operating profit (loss) | 9901 | €3,083 | €7,359 | +€4,276 | +138.7% |
| Financial income | 75/76B | €1 | €31 | +€29 | +2078.0% |
| Recurring financial income | 75 | €1 | €31 | +€29 | +2078.0% |
| Financial charges | 65/66B | €713 | €2,128 | +€1,415 | +198.3% |
| Recurring financial charges | 65 | €382 | €1,155 | +€773 | +202.1% |
| Non-recurring financial charges | 66B | €331 | €973 | +€642 | +193.9% |
| Profit (loss) for the period before taxes | 9903 | €2,372 | €5,262 | +€2,891 | +121.9% |
| Income taxes | 67/77 | - | €1,123 | +€1,123 | |
| Profit (loss) for the period | 9904 | €2,372 | €4,139 | +€1,767 | +74.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,372 | €4,139 | +€1,767 | +74.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.