DIVAR: 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
DIVAR
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€663,383
2024 · €595,878+€67,504
Equity
€382,480
2024 · €1.9m-€1.5m
Cash
€961,322
2024 · €727,509+€233,813
Balance sheet total
€3.4m
2024 · €5.1m-€1.7m
Largest movements
Assets
- Receivables within one year -€1.8m
down €1.8m (-73.4%), from €2.4m to €649,159
of which Other amounts receivable: -€1.7m
- Cash +€233,813
up €233,813 (+32.1%), from €727,509 to €961,322
mainly Receivables within one year (+€1.8m) and Net result for the year (+€663,383)
- Stocks and contracts -€85,601
down €85,601 (-9.0%), from €946,462 to €860,861
- Tangible fixed assets -€84,637
down €84,637 (-27.7%), from €305,685 to €221,047
of which Plant, machinery and equipment: -€66,104
Equity and liabilities
- Reserves -€1.5m
down €1.5m (-80.3%), from €1.8m to €363,880
- Accrued charges and deferred income -€311,216
down €311,216 (-46.7%), from €665,798 to €354,581
- Other debts +€56,944
up €56,944 (+22.8%), from €250,000 to €306,944
Income statement
- Turnover -€22.2m
no longer reported in 2025 (was €22.2m)
- Goods and materials -€17.1m
no longer reported in 2025 (was €17.1m)
of which Purchases: -€17.2m
- Gross operating margin +€3.4m
new in 2025: €3.4m
- Services and other goods -€2.3m
no longer reported in 2025 (was €2.3m)
- Other operating income -€473,858
no longer reported in 2025 (was €473,858)
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.
Result 2024
€595,878
Turnover
-€22.2m
Other operating income
-€473,858
Goods and materials
+€17.1m
Services and other goods
+€2.3m
Staff costs
-€3,951
Depreciation
-€9,621
Other operating charges
-€13,471
Other operating items
+€3.4m
Financial income
+€15,025
Financial charges
-€9,048
Taxes
-€4,704
Result 2025
€663,383
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.4m
Investment
+€3,807
Financing
-€2.2m
Cash 2024
€727,509
From operations (derived)
+€2.4m
Net result for the year
+€663,383
Depreciation
+€123,471
Stocks and contracts
+€85,601
Receivables within one year
+€1.8m
Deferred charges and accrued income
-€37,055
Trade debts
+€14,760
Tax, wage and social debts
+€9,709
Other debts
+€56,944
Accrued charges and deferred income
-€311,216
Investment (derived)
+€3,807
Investment in fixed assets (net)
-€38,834
Current investments
+€42,641
Financing
-€2.2m
Short-term financial debts
-€21,044
Contributions, distributions and other
-€2.1m
Cash 2025
€961,322
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,115,261 | €3,382,795 | -€1.7m | -33.9% |
| Fixed assets | 21/28 | €305,685 | €221,047 | -€84,637 | -27.7% |
| Tangible fixed assets | 22/27 | €305,685 | €221,047 | -€84,637 | -27.7% |
| Land and buildings | 22 | €70,639 | €64,141 | -€6,498 | -9.2% |
| Plant, machinery and equipment | 23 | €215,398 | €149,294 | -€66,104 | -30.7% |
| Furniture and vehicles | 24 | €19,648 | €7,612 | -€12,035 | -61.3% |
| Current assets | 29/58 | €4,809,576 | €3,161,748 | -€1.6m | -34.3% |
| Stocks and contracts in progress | 3 | €946,462 | €860,861 | -€85,601 | -9.0% |
| Stocks | 30/36 | €946,462 | €860,861 | -€85,601 | -9.0% |
| Goods purchased for resale | 34 | €946,462 | - | -€946,462 | |
| Amounts receivable within one year | 40/41 | €2,439,614 | €649,159 | -€1.8m | -73.4% |
| Trade receivables | 40 | €84,970 | €19,539 | -€65,431 | -77.0% |
| Other amounts receivable | 41 | €2,354,643 | €629,620 | -€1.7m | -73.3% |
| Current investments | 50/53 | €560,000 | €517,359 | -€42,641 | -7.6% |
| Other investments | 51/53 | €560,000 | - | -€560,000 | |
| Cash at bank and in hand | 54/58 | €727,509 | €961,322 | +€233,813 | +32.1% |
| Deferred charges and accrued income | 490/1 | €135,991 | €173,046 | +€37,055 | +27.2% |
| Total equity and liabilities | 10/49 | €5,115,261 | €3,382,795 | -€1.7m | -33.9% |
| Equity | 10/15 | €1,864,097 | €382,480 | -€1.5m | -79.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,845,497 | €363,880 | -€1.5m | -80.3% |
| Distributable reserves | 133 | €1,845,497 | €363,880 | -€1.5m | -80.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €3,251,164 | €3,000,316 | -€250,848 | -7.7% |
| Amounts payable within one year | 42/48 | €2,585,366 | €2,645,734 | +€60,368 | +2.3% |
| Financial debts | 43 | €94,208 | €73,164 | -€21,044 | -22.3% |
| Credit institutions | 430/8 | €94,208 | €73,164 | -€21,044 | -22.3% |
| Trade debts | 44 | €1,762,207 | €1,776,967 | +€14,760 | +0.8% |
| Suppliers | 440/4 | €1,762,207 | €1,776,967 | +€14,760 | +0.8% |
| Taxes, remuneration and social security | 45 | €478,951 | €488,660 | +€9,709 | +2.0% |
| Taxes | 450/3 | €15,777 | €44,693 | +€28,916 | +183% |
| Remuneration and social security | 454/9 | €463,175 | €443,967 | -€19,208 | -4.1% |
| Other amounts payable | 47/48 | €250,000 | €306,944 | +€56,944 | +22.8% |
| Accrued charges and deferred income | 492/3 | €665,798 | €354,581 | -€311,216 | -46.7% |
| Operating income | 70/76A | €22,688,016 | - | -€22.7m | |
| Turnover | 70 | €22,214,158 | - | -€22.2m | |
| Other operating income | 74 | €473,858 | - | -€473,858 | |
| Operating charges | 60/66A | €21,951,985 | - | -€22.0m | |
| Goods for resale, raw materials and consumables | 60 | €17,113,153 | - | -€17.1m | |
| Purchases | 600/8 | €17,206,739 | - | -€17.2m | |
| Change in stocks: decrease (increase) | 609 | -€93,586 | - | +€93,586 | |
| Services and other goods | 61 | €2,317,797 | - | -€2.3m | |
| Remuneration, social security and pensions | 62 | €2,370,453 | €2,374,403 | +€3,951 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,850 | €123,471 | +€9,621 | +8.5% |
| Other operating charges | 640/8 | €36,732 | €50,204 | +€13,471 | +36.7% |
| Gross operating margin | 9900 | - | €3,350,340 | +€3.4m | |
| Operating profit (loss) | 9901 | €736,031 | €802,262 | +€66,231 | +9.0% |
| Financial income | 75/76B | €9,651 | €24,675 | +€15,025 | +156% |
| Recurring financial income | 75 | €9,651 | €24,675 | +€15,025 | +156% |
| Income from current assets | 751 | €5,293 | - | -€5,293 | |
| Other financial income | 752/9 | €4,358 | - | -€4,358 | |
| Financial charges | 65/66B | €24,379 | €33,427 | +€9,048 | +37.1% |
| Recurring financial charges | 65 | €24,379 | €33,427 | +€9,048 | +37.1% |
| Debt charges | 650 | €10,793 | - | -€10,793 | |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€14,168 | - | +€14,168 | |
| Other financial charges | 652/9 | €27,755 | - | -€27,755 | |
| Profit (loss) for the period before taxes | 9903 | €721,302 | €793,510 | +€72,208 | +10.0% |
| Income taxes | 67/77 | €125,424 | €130,128 | +€4,704 | +3.8% |
| Taxes | 670/3 | €125,424 | - | -€125,424 | |
| Profit (loss) for the period | 9904 | €595,878 | €663,383 | +€67,504 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €595,878 | €663,383 | +€67,504 | +11.3% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.