MV 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.
MV DIAM
Largest movements
- Stocks and contracts -€477,417
down €477,417 (-19.2%), from €2.5m to €2.0m
- Receivables within one year -€236,847
down €236,847 (-53.5%), from €442,801 to €205,954
of which Trade receivables: -€251,451
- Cash +€104,783
up €104,783 (+8.0%), from €1.3m to €1.4m
mainly Stocks and contracts (+€477,417) and Receivables within one year (+€236,847)
- Trade debts -€708,010
down €708,010 (-60.7%), from €1.2m to €458,549
- Reserves +€224,580
up €224,580 (+9.7%), from €2.3m to €2.5m
- Other debts -€96,223
down €96,223 (-12.0%), from €804,417 to €708,194
- Gross operating margin -€970,167
down €970,167 (-83.9%), from €1.2m to €186,586
- Financial income +€25,891
up €25,891 (+93.7%), from €27,644 to €53,535
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 | €4,303,584 | €3,722,739 | -€580,845 | -13.5% |
| Fixed assets | 21/28 | €70,429 | €99,065 | +€28,636 | +40.7% |
| Tangible fixed assets | 22/27 | €70,429 | €99,065 | +€28,636 | +40.7% |
| Land and buildings | 22 | €70,429 | €68,925 | -€1,505 | -2.1% |
| Furniture and vehicles | 24 | - | €30,140 | +€30,140 | |
| Current assets | 29/58 | €4,233,155 | €3,623,674 | -€609,481 | -14.4% |
| Stocks and contracts in progress | 3 | €2,481,758 | €2,004,341 | -€477,417 | -19.2% |
| Stocks | 30/36 | €2,481,758 | €2,004,341 | -€477,417 | -19.2% |
| Amounts receivable within one year | 40/41 | €442,801 | €205,954 | -€236,847 | -53.5% |
| Trade receivables | 40 | €437,595 | €186,144 | -€251,451 | -57.5% |
| Other amounts receivable | 41 | €5,206 | €19,809 | +€14,604 | +280.5% |
| Cash at bank and in hand | 54/58 | €1,308,596 | €1,413,380 | +€104,783 | +8.0% |
| Total equity and liabilities | 10/49 | €4,303,584 | €3,722,739 | -€580,845 | -13.5% |
| Equity | 10/15 | €2,331,038 | €2,555,618 | +€224,580 | +9.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €2,312,038 | €2,536,618 | +€224,580 | +9.7% |
| Distributable reserves | 133 | €2,312,038 | €2,536,618 | +€224,580 | +9.7% |
| Amounts payable | 17/49 | €1,972,546 | €1,167,121 | -€805,425 | -40.8% |
| Amounts payable within one year | 42/48 | €1,972,546 | €1,167,121 | -€805,425 | -40.8% |
| Trade debts | 44 | €1,166,559 | €458,549 | -€708,010 | -60.7% |
| Suppliers | 440/4 | €1,166,559 | €458,549 | -€708,010 | -60.7% |
| Taxes, remuneration and social security | 45 | €1,570 | €378 | -€1,192 | -75.9% |
| Taxes | 450/3 | €1,570 | €378 | -€1,192 | -75.9% |
| Other amounts payable | 47/48 | €804,417 | €708,194 | -€96,223 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,505 | €8,455 | +€6,951 | +462.0% |
| Other operating charges | 640/8 | €4,669 | €1,813 | -€2,856 | -61.2% |
| Gross operating margin | 9900 | €1,156,753 | €186,586 | -€970,167 | -83.9% |
| Operating profit (loss) | 9901 | €1,150,579 | €176,318 | -€974,261 | -84.7% |
| Financial income | 75/76B | €27,644 | €53,535 | +€25,891 | +93.7% |
| Recurring financial income | 75 | €27,644 | €53,535 | +€25,891 | +93.7% |
| Financial charges | 65/66B | €3,965 | €3,893 | -€73 | -1.8% |
| Recurring financial charges | 65 | €3,965 | €3,893 | -€73 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €1,174,258 | €225,960 | -€948,298 | -80.8% |
| Income taxes | 67/77 | €3,194 | €1,380 | -€1,814 | -56.8% |
| Profit (loss) for the period | 9904 | €1,171,064 | €224,580 | -€946,484 | -80.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,171,064 | €224,580 | -€946,484 | -80.8% |
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 10 October 2026 via checked.be.