D-EAU-VILLES: 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-EAU-VILLES
Largest movements
- Cash +€34,912
up €34,912 (+235.1%), from €14,848 to €49,760
mainly Net result for the year (+€16,846) and Stocks and contracts (+€8,636)
- Stocks and contracts -€8,636
down €8,636 (-7.0%), from €123,832 to €115,195
- Deferred charges and accrued income -€2,695
down €2,695 (-65.9%), from €4,091 to €1,396
- Receivables within one year -€2,149
down €2,149 (-77.9%), from €2,758 to €609
of which Trade receivables: -€2,435
- Tangible fixed assets -€1,774
down €1,774 (-53.6%), from €3,310 to €1,536
of which Land and buildings: -€1,409
- Profit (loss) carried forward +€16,846
up €16,846, from -€10,279 to €6,567
- Trade debts +€7,612
up €7,612 (+1375.6%), from €553 to €8,165
- Tax, wage and social debts -€4,642
down €4,642 (-41.3%), from €11,231 to €6,590
of which Remuneration and social security: -€6,631
- Gross operating margin +€19,384
up €19,384 (+40.6%), from €47,801 to €67,185
- Financial charges -€2,009
down €2,009 (-30.4%), from €6,607 to €4,598
- Staff costs +€858
up €858 (+2.0%), from €42,804 to €43,662
- Taxes +€839
up €839, from -€659 to €180
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 | €151,152 | €170,809 | +€19,657 | +13.0% |
| Fixed assets | 21/28 | €5,624 | €3,850 | -€1,774 | -31.5% |
| Tangible fixed assets | 22/27 | €3,310 | €1,536 | -€1,774 | -53.6% |
| Land and buildings | 22 | €2,070 | €661 | -€1,409 | -68.1% |
| Furniture and vehicles | 24 | €1,241 | €876 | -€365 | -29.4% |
| Financial fixed assets | 28 | €2,314 | €2,314 | = | 0.0% |
| Current assets | 29/58 | €145,529 | €166,960 | +€21,431 | +14.7% |
| Stocks and contracts in progress | 3 | €123,832 | €115,195 | -€8,636 | -7.0% |
| Stocks | 30/36 | €123,832 | €115,195 | -€8,636 | -7.0% |
| Amounts receivable within one year | 40/41 | €2,758 | €609 | -€2,149 | -77.9% |
| Trade receivables | 40 | €2,495 | €60 | -€2,435 | -97.6% |
| Other amounts receivable | 41 | €263 | €550 | +€287 | +108.9% |
| Cash at bank and in hand | 54/58 | €14,848 | €49,760 | +€34,912 | +235.1% |
| Deferred charges and accrued income | 490/1 | €4,091 | €1,396 | -€2,695 | -65.9% |
| Total equity and liabilities | 10/49 | €151,152 | €170,809 | +€19,657 | +13.0% |
| Equity | 10/15 | €51,102 | €67,948 | +€16,846 | +33.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €11,381 | €11,381 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,600 | €3,600 | = | 0.0% |
| Distributable reserves | 133 | €7,781 | €7,781 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,279 | €6,567 | +€16,846 | |
| Amounts payable | 17/49 | €100,051 | €102,862 | +€2,811 | +2.8% |
| Amounts payable within one year | 42/48 | €100,051 | €102,862 | +€2,811 | +2.8% |
| Trade debts | 44 | €553 | €8,165 | +€7,612 | +1375.6% |
| Suppliers | 440/4 | €553 | €8,165 | +€7,612 | +1375.6% |
| Taxes, remuneration and social security | 45 | €11,231 | €6,590 | -€4,642 | -41.3% |
| Taxes | 450/3 | €3,242 | €5,232 | +€1,990 | +61.4% |
| Remuneration and social security | 454/9 | €7,990 | €1,358 | -€6,631 | -83.0% |
| Other amounts payable | 47/48 | €88,266 | €88,107 | -€159 | -0.2% |
| Remuneration, social security and pensions | 62 | €42,804 | €43,662 | +€858 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,774 | €1,774 | +€0 | 0.0% |
| Other operating charges | 640/8 | €499 | €126 | -€373 | -74.8% |
| Gross operating margin | 9900 | €47,801 | €67,185 | +€19,384 | +40.6% |
| Operating profit (loss) | 9901 | €2,723 | €21,624 | +€18,900 | +694.0% |
| Financial charges | 65/66B | €6,607 | €4,598 | -€2,009 | -30.4% |
| Recurring financial charges | 65 | €6,607 | €4,598 | -€2,009 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,884 | €17,026 | +€20,910 | |
| Income taxes | 67/77 | -€659 | €180 | +€839 | |
| Profit (loss) for the period | 9904 | -€3,225 | €16,846 | +€20,071 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,225 | €16,846 | +€20,071 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.