THE DIPLOMAT: 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.
THE DIPLOMAT
Largest movements
- Cash -€102,672
down €102,672 (-75.7%), from €135,699 to €33,027
mainly Receivables within one year (-€95,856) and Investment in fixed assets (net) (-€18,599)
- Receivables within one year +€95,856
up €95,856 (+172%), from €55,893 to €151,749
of which Trade receivables: +€91,788
- Deferred charges and accrued income +€9,978
new in 2025: €9,978
- Tangible fixed assets +€5,831
up €5,831 (+17.3%), from €33,777 to €39,607
of which Furniture and vehicles: +€5,937
- Tax, wage and social debts +€21,072
up €21,072 (+65.9%), from €31,975 to €53,047
of which Remuneration and social security: +€16,887
- Trade debts -€6,774
down €6,774 (-94.7%), from €7,155 to €380
- Profit (loss) carried forward -€5,283
down €5,283 (-3.2%), from €165,758 to €160,474
- Purchases and services +€76,865
up €76,865 (+23.3%), from €330,356 to €407,221
- Taxes -€34,176
down €34,176 (-96.6%), from €35,363 to €1,187
- Staff costs +€33,292
up €33,292 (+24.5%), from €136,120 to €169,412
- Gross operating margin -€32,418
down €32,418 (-15.0%), from €216,455 to €184,037
- Turnover +€31,480
up €31,480 (+5.8%), from €546,811 to €578,291
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 | €225,369 | €234,362 | +€8,993 | +4.0% |
| Fixed assets | 21/28 | €33,777 | €39,607 | +€5,831 | +17.3% |
| Tangible fixed assets | 22/27 | €33,777 | €39,607 | +€5,831 | +17.3% |
| Plant, machinery and equipment | 23 | €320 | €213 | -€107 | -33.3% |
| Furniture and vehicles | 24 | €33,457 | €39,394 | +€5,937 | +17.7% |
| Current assets | 29/58 | €191,592 | €194,754 | +€3,162 | +1.7% |
| Amounts receivable within one year | 40/41 | €55,893 | €151,749 | +€95,856 | +172% |
| Trade receivables | 40 | €47,841 | €139,629 | +€91,788 | +192% |
| Other amounts receivable | 41 | €8,052 | €12,120 | +€4,069 | +50.5% |
| Cash at bank and in hand | 54/58 | €135,699 | €33,027 | -€102,672 | -75.7% |
| Deferred charges and accrued income | 490/1 | - | €9,978 | +€9,978 | |
| Total equity and liabilities | 10/49 | €225,369 | €234,362 | +€8,993 | +4.0% |
| Equity | 10/15 | €186,218 | €180,934 | -€5,283 | -2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €165,758 | €160,474 | -€5,283 | -3.2% |
| Amounts payable | 17/49 | €39,151 | €53,428 | +€14,277 | +36.5% |
| Amounts payable within one year | 42/48 | €39,129 | €53,428 | +€14,298 | +36.5% |
| Trade debts | 44 | €7,155 | €380 | -€6,774 | -94.7% |
| Suppliers | 440/4 | €7,155 | €380 | -€6,774 | -94.7% |
| Taxes, remuneration and social security | 45 | €31,975 | €53,047 | +€21,072 | +65.9% |
| Taxes | 450/3 | €13,333 | €17,518 | +€4,185 | +31.4% |
| Remuneration and social security | 454/9 | €18,642 | €35,529 | +€16,887 | +90.6% |
| Accrued charges and deferred income | 492/3 | €22 | - | -€22 | |
| Turnover | 70 | €546,811 | €578,291 | +€31,480 | +5.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €330,356 | €407,221 | +€76,865 | +23.3% |
| Remuneration, social security and pensions | 62 | €136,120 | €169,412 | +€33,292 | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,459 | €12,768 | +€6,309 | +97.7% |
| Other operating charges | 640/8 | €1,669 | €5,840 | +€4,171 | +250% |
| Non-recurring operating charges | 66A | €773 | €960 | +€187 | +24.2% |
| Gross operating margin | 9900 | €216,455 | €184,037 | -€32,418 | -15.0% |
| Operating profit (loss) | 9901 | €71,434 | -€4,943 | -€76,377 | |
| Financial income | 75/76B | €534 | €909 | +€375 | +70.2% |
| Recurring financial income | 75 | €534 | €909 | +€375 | +70.2% |
| Financial charges | 65/66B | €2,173 | €63 | -€2,110 | -97.1% |
| Recurring financial charges | 65 | €2,173 | €63 | -€2,110 | -97.1% |
| Profit (loss) for the period before taxes | 9903 | €69,795 | -€4,096 | -€73,891 | |
| Income taxes | 67/77 | €35,363 | €1,187 | -€34,176 | -96.6% |
| Profit (loss) for the period | 9904 | €34,432 | -€5,283 | -€39,716 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,432 | -€5,283 | -€39,716 |
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 31 October 2026 via checked.be.