ORIGINAL DIAMONDS: 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.
What changed
ORIGINAL DIAMONDS
NACE 46.861, Wholesale of diamonds and other precious stones
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€782,050
2023 · -€6,022+€788,071
Equity
€6.9m
2023 · €6.1m+€775,816
Cash
€159,568
2023 · €425,420-€265,852
Balance sheet total
€8.7m
2023 · €15.4m-€6.7m
Largest movements
Assets
- Stocks and contracts -€13.7m
down €13.7m (-92.7%), from €14.8m to €1.1m
- Receivables within one year +€7.2m
up €7.2m (+3,642%), from €198,950 to €7.4m
of which Trade receivables: +€7.3m
- Cash -€265,852
down €265,852 (-62.5%), from €425,420 to €159,568
mainly Trade debts (-€7.4m) and Receivables within one year (-€7.2m)
Equity and liabilities
- Trade debts -€7.4m
down €7.4m (-81.5%), from €9.1m to €1.7m
- Reserves +€775,816
up €775,816 (+12.7%), from €6.1m to €6.9m
of which Distributable reserves: +€775,816
Income statement
- Turnover +€1.6m
up €1.6m (+3.9%), from €40.5m to €42.0m
- Goods and materials +€795,491
up €795,491 (+2.0%), from €40.1m to €40.9m
of which Change in stocks: decrease (increase): +€958,922
From the 2023 result to the 2024 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 2023
-€6,022
Turnover
+€1.6m
Other operating income
+€3,187
Goods and materials
-€795,491
Services and other goods
+€19,433
Staff costs
-€14,027
Other operating charges
-€766
Financial income
+€1,561
Financial charges
+€12,224
Taxes
-€4,276
Result 2024
€782,050
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€259,618
Investment
€0
Financing
-€6,233
Cash 2023
€425,420
From operations (derived)
-€259,618
Net result for the year
+€782,050
Depreciation
+€10,398
Stocks and contracts
+€13.7m
Receivables within one year
-€7.2m
Smaller working-capital items
+€19,084
Trade debts
-€7.4m
Tax, wage and social debts
-€133,561
Financing
-€6,233
Contributions, distributions and other
-€6,233
Cash 2024
€159,568
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,422,687 | €8,700,007 | -€6.7m | -43.6% |
| Fixed assets | 21/28 | €25,536 | €15,139 | -€10,398 | -40.7% |
| Tangible fixed assets | 22/27 | €25,536 | €15,139 | -€10,398 | -40.7% |
| Land and buildings | 22 | €480 | €320 | -€160 | -33.3% |
| Plant, machinery and equipment | 23 | €14,142 | €7,071 | -€7,071 | -50.0% |
| Furniture and vehicles | 24 | €10,915 | €7,748 | -€3,167 | -29.0% |
| Current assets | 29/58 | €15,397,151 | €8,684,868 | -€6.7m | -43.6% |
| Stocks and contracts in progress | 3 | €14,772,405 | €1,074,822 | -€13.7m | -92.7% |
| Stocks | 30/36 | €14,772,405 | €1,074,822 | -€13.7m | -92.7% |
| Raw materials and consumables | 30/31 | €14,772,405 | €1,074,822 | -€13.7m | -92.7% |
| Amounts receivable within one year | 40/41 | €198,950 | €7,444,529 | +€7.2m | +3,642% |
| Trade receivables | 40 | €135,234 | €7,441,238 | +€7.3m | +5,402% |
| Other amounts receivable | 41 | €63,715 | €3,291 | -€60,425 | -94.8% |
| Cash at bank and in hand | 54/58 | €425,420 | €159,568 | -€265,852 | -62.5% |
| Deferred charges and accrued income | 490/1 | €377 | €5,949 | +€5,572 | +1,479% |
| Total equity and liabilities | 10/49 | €15,422,687 | €8,700,007 | -€6.7m | -43.6% |
| Equity | 10/15 | €6,144,733 | €6,920,550 | +€775,816 | +12.6% |
| Contributions | 10/11 | €23,465 | €23,465 | = | 0.0% |
| Reserves | 13 | €6,121,268 | €6,897,084 | +€775,816 | +12.7% |
| Non-distributable reserves | 130/1 | €2,347 | €2,347 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,347 | €2,347 | = | 0.0% |
| Distributable reserves | 133 | €6,118,922 | €6,894,738 | +€775,816 | +12.7% |
| Amounts payable | 17/49 | €9,277,954 | €1,779,457 | -€7.5m | -80.8% |
| Amounts payable within one year | 42/48 | €9,271,179 | €1,776,486 | -€7.5m | -80.8% |
| Trade debts | 44 | €9,063,429 | €1,673,837 | -€7.4m | -81.5% |
| Suppliers | 440/4 | €9,063,429 | €1,673,837 | -€7.4m | -81.5% |
| Taxes, remuneration and social security | 45 | €207,751 | €74,189 | -€133,561 | -64.3% |
| Taxes | 450/3 | €198,873 | €74,189 | -€124,683 | -62.7% |
| Remuneration and social security | 454/9 | €8,878 | - | -€8,878 | |
| Other amounts payable | 47/48 | - | €28,459 | +€28,459 | |
| Accrued charges and deferred income | 492/3 | €6,775 | €2,971 | -€3,803 | -56.1% |
| Operating income | 70/76A | €40,461,336 | €42,030,747 | +€1.6m | +3.9% |
| Turnover | 70 | €40,461,322 | €42,027,546 | +€1.6m | +3.9% |
| Other operating income | 74 | €14 | €3,201 | +€3,187 | +22,960% |
| Operating charges | 60/66A | €40,358,657 | €41,149,507 | +€790,850 | +2.0% |
| Goods for resale, raw materials and consumables | 60 | €40,094,246 | €40,889,736 | +€795,491 | +2.0% |
| Purchases | 600/8 | €27,355,586 | €27,192,154 | -€163,432 | -0.6% |
| Change in stocks: decrease (increase) | 609 | €12,738,660 | €13,697,582 | +€958,922 | +7.5% |
| Services and other goods | 61 | €239,879 | €220,446 | -€19,433 | -8.1% |
| Remuneration, social security and pensions | 62 | €13,776 | €27,803 | +€14,027 | +102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,398 | €10,398 | = | 0.0% |
| Other operating charges | 640/8 | €359 | €1,124 | +€766 | +213% |
| Operating profit (loss) | 9901 | €102,679 | €881,240 | +€778,561 | +758% |
| Financial income | 75/76B | €4,268 | €5,829 | +€1,561 | +36.6% |
| Recurring financial income | 75 | €4,268 | €5,829 | +€1,561 | +36.6% |
| Income from current assets | 751 | €27 | - | -€27 | |
| Other financial income | 752/9 | €4,241 | €5,829 | +€1,588 | +37.4% |
| Financial charges | 65/66B | €45,934 | €33,709 | -€12,224 | -26.6% |
| Recurring financial charges | 65 | €45,934 | €33,709 | -€12,224 | -26.6% |
| Debt charges | 650 | €1,118 | €6,283 | +€5,165 | +462% |
| Other financial charges | 652/9 | €44,816 | €27,426 | -€17,390 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €61,013 | €853,360 | +€792,347 | +1,299% |
| Income taxes | 67/77 | €67,034 | €71,310 | +€4,276 | +6.4% |
| Taxes | 670/3 | €67,034 | €71,310 | +€4,276 | +6.4% |
| Profit (loss) for the period | 9904 | -€6,022 | €782,050 | +€788,071 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,022 | €782,050 | +€788,071 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.