N.G. 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.
N.G. DIAM
Largest movements
- Stocks and contracts -€266,963
down €266,963 (-34.4%), from €777,026 to €510,063
- Receivables within one year -€63,185
down €63,185 (-22.4%), from €281,830 to €218,645
of which Trade receivables: -€45,727
- Cash -€54,540
down €54,540 (-55.3%), from €98,584 to €44,044
mainly Trade debts (-€177,685) and Net result for the year (-€134,848)
- Trade debts -€177,685
down €177,685 (-27.9%), from €636,213 to €458,529
- Profit (loss) carried forward -€134,848
down €134,848 (-158.7%), from -€84,987 to -€219,835
- Debts after one year -€100,000
down €100,000 (-27.4%), from €365,000 to €265,000
- Other debts +€34,544
new in 2025: €34,544
- Gross operating margin -€150,204
down €150,204, from €80,364 to -€69,840
- Write-downs +€41,844
up €41,844 (+457.4%), from €9,149 to €50,993
- Financial charges -€29,399
down €29,399 (-67.6%), from €43,468 to €14,069
- Taxes -€5,368
down €5,368 (-75.8%), from €7,081 to €1,713
- Financial income +€2,352
up €2,352 (+196.8%), from €1,195 to €3,547
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 | €1,161,785 | €777,346 | -€384,439 | -33.1% |
| Fixed assets | 21/28 | €2,563 | €2,394 | -€168 | -6.6% |
| Tangible fixed assets | 22/27 | €363 | €194 | -€168 | -46.4% |
| Plant, machinery and equipment | 23 | €363 | €194 | -€168 | -46.4% |
| Financial fixed assets | 28 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €1,159,223 | €774,952 | -€384,271 | -33.1% |
| Stocks and contracts in progress | 3 | €777,026 | €510,063 | -€266,963 | -34.4% |
| Stocks | 30/36 | €777,026 | €510,063 | -€266,963 | -34.4% |
| Amounts receivable within one year | 40/41 | €281,830 | €218,645 | -€63,185 | -22.4% |
| Trade receivables | 40 | €263,336 | €217,609 | -€45,727 | -17.4% |
| Other amounts receivable | 41 | €18,494 | €1,036 | -€17,459 | -94.4% |
| Cash at bank and in hand | 54/58 | €98,584 | €44,044 | -€54,540 | -55.3% |
| Deferred charges and accrued income | 490/1 | €1,783 | €2,201 | +€417 | +23.4% |
| Total equity and liabilities | 10/49 | €1,161,785 | €777,346 | -€384,439 | -33.1% |
| Equity | 10/15 | €149,740 | €14,891 | -€134,848 | -90.1% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €213,727 | €213,727 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,100 | €2,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,100 | €2,100 | = | 0.0% |
| Distributable reserves | 133 | €211,627 | €211,627 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,987 | -€219,835 | -€134,848 | -158.7% |
| Amounts payable | 17/49 | €1,012,046 | €762,455 | -€249,591 | -24.7% |
| Amounts payable after more than one year | 17 | €365,000 | €265,000 | -€100,000 | -27.4% |
| Other amounts payable | 178/9 | €365,000 | €265,000 | -€100,000 | -27.4% |
| Amounts payable within one year | 42/48 | €647,046 | €497,455 | -€149,591 | -23.1% |
| Trade debts | 44 | €636,213 | €458,529 | -€177,685 | -27.9% |
| Suppliers | 440/4 | €636,213 | €458,529 | -€177,685 | -27.9% |
| Taxes, remuneration and social security | 45 | €10,833 | €4,383 | -€6,450 | -59.5% |
| Taxes | 450/3 | €10,833 | €4,383 | -€6,450 | -59.5% |
| Other amounts payable | 47/48 | - | €34,544 | +€34,544 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €294 | €168 | -€126 | -42.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,149 | €50,993 | +€41,844 | +457.4% |
| Other operating charges | 640/8 | €1,333 | €1,612 | +€279 | +21.0% |
| Gross operating margin | 9900 | €80,364 | -€69,840 | -€150,204 | |
| Operating profit (loss) | 9901 | €69,588 | -€122,613 | -€192,201 | |
| Financial income | 75/76B | €1,195 | €3,547 | +€2,352 | +196.8% |
| Recurring financial income | 75 | €1,195 | €3,547 | +€2,352 | +196.8% |
| Financial charges | 65/66B | €43,468 | €14,069 | -€29,399 | -67.6% |
| Recurring financial charges | 65 | €43,468 | €14,069 | -€29,399 | -67.6% |
| Profit (loss) for the period before taxes | 9903 | €27,314 | -€133,136 | -€160,450 | |
| Income taxes | 67/77 | €7,081 | €1,713 | -€5,368 | -75.8% |
| Profit (loss) for the period | 9904 | €20,234 | -€134,848 | -€155,082 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,234 | -€134,848 | -€155,082 |
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 12 October 2026 via checked.be.