D.C.V.: what changed
Two fiscal 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.
D.C.V.
Largest movements
- Cash -€31,710
down €31,710 (-75.3%), from €42,132 to €10,422
mainly Net result for the year (-€46,425) and Trade debts (-€471)
- Tangible fixed assets -€12,651
down €12,651 (-5.9%), from €215,789 to €203,138
of which Land and buildings: -€12,325
- Profit (loss) carried forward -€46,425
down €46,425, from €12,529 to -€33,896
- Gross operating margin -€10,606
down €10,606 (-51.5%), from -€20,574 to -€31,179
- Depreciation -€374
down €374 (-2.9%), from €13,025 to €12,651
- Other operating charges -€318
down €318 (-11.1%), from €2,868 to €2,550
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 | €260,170 | €213,560 | -€46,610 | -17.9% |
| Fixed assets | 21/28 | €215,789 | €203,138 | -€12,651 | -5.9% |
| Tangible fixed assets | 22/27 | €215,789 | €203,138 | -€12,651 | -5.9% |
| Land and buildings | 22 | €215,462 | €203,138 | -€12,325 | -5.7% |
| Furniture and vehicles | 24 | €326 | - | -€326 | |
| Current assets | 29/58 | €44,381 | €10,422 | -€33,959 | -76.5% |
| Amounts receivable within one year | 40/41 | €2,249 | - | -€2,249 | |
| Trade receivables | 40 | €1,973 | - | -€1,973 | |
| Other amounts receivable | 41 | €275 | - | -€275 | |
| Cash at bank and in hand | 54/58 | €42,132 | €10,422 | -€31,710 | -75.3% |
| Total equity and liabilities | 10/49 | €260,170 | €213,560 | -€46,610 | -17.9% |
| Equity | 10/15 | €255,041 | €208,616 | -€46,425 | -18.2% |
| Contributions | 10/11 | €185,920 | €185,920 | = | 0.0% |
| Capital | 10 | €185,920 | €185,920 | = | 0.0% |
| Issued capital | 100 | €185,920 | €185,920 | = | 0.0% |
| Reserves | 13 | €56,592 | €56,592 | = | 0.0% |
| Non-distributable reserves | 130/1 | €56,592 | €56,592 | = | 0.0% |
| Legal reserve | 130 | €18,592 | €18,592 | = | 0.0% |
| Reserves not available under the articles | 1311 | €38,000 | €38,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,529 | -€33,896 | -€46,425 | |
| Amounts payable | 17/49 | €5,129 | €4,944 | -€184 | -3.6% |
| Amounts payable within one year | 42/48 | €5,129 | €4,944 | -€184 | -3.6% |
| Trade debts | 44 | €1,620 | €1,149 | -€471 | -29.1% |
| Suppliers | 440/4 | €1,620 | €1,149 | -€471 | -29.1% |
| Other amounts payable | 47/48 | €3,508 | €3,795 | +€287 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,025 | €12,651 | -€374 | -2.9% |
| Other operating charges | 640/8 | €2,868 | €2,550 | -€318 | -11.1% |
| Gross operating margin | 9900 | -€20,574 | -€31,179 | -€10,606 | -51.5% |
| Operating profit (loss) | 9901 | -€36,467 | -€46,380 | -€9,914 | -27.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €44 | €45 | +€1 | +3.2% |
| Recurring financial charges | 65 | €44 | €45 | +€1 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | -€36,510 | -€46,425 | -€9,915 | -27.2% |
| Profit (loss) for the period | 9904 | -€36,510 | -€46,425 | -€9,915 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,510 | -€46,425 | -€9,915 | -27.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.