D.V.A.: 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.
D.V.A.
Largest movements
- Cash -€36,830
down €36,830 (-51.4%), from €71,712 to €34,881
mainly Net result for the year (-€16,586) and Tax, wage and social debts (-€15,230)
- Receivables within one year +€7,147
up €7,147 (+13.4%), from €53,465 to €60,612
of which Other amounts receivable: +€9,327
- Tangible fixed assets -€1,741
down €1,741 (-26.8%), from €6,499 to €4,758
of which Furniture and vehicles: -€1,291
- Profit (loss) carried forward -€16,586
down €16,586, from €4,965 to -€11,621
- Tax, wage and social debts -€15,230
no longer reported in 2025 (was €15,230)
- Gross operating margin -€47,090
down €47,090, from €35,635 to -€11,455
- Taxes -€15,098
no longer reported in 2025 (was €15,098)
- Depreciation +€516
up €516 (+21.6%), from €2,383 to €2,899
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 | €133,139 | €101,149 | -€31,990 | -24.0% |
| Fixed assets | 21/28 | €6,499 | €4,758 | -€1,741 | -26.8% |
| Tangible fixed assets | 22/27 | €6,499 | €4,758 | -€1,741 | -26.8% |
| Plant, machinery and equipment | 23 | €1,349 | €900 | -€450 | -33.3% |
| Furniture and vehicles | 24 | €5,150 | €3,858 | -€1,291 | -25.1% |
| Current assets | 29/58 | €126,640 | €96,391 | -€30,249 | -23.9% |
| Amounts receivable within one year | 40/41 | €53,465 | €60,612 | +€7,147 | +13.4% |
| Trade receivables | 40 | €2,180 | - | -€2,180 | |
| Other amounts receivable | 41 | €51,286 | €60,612 | +€9,327 | +18.2% |
| Cash at bank and in hand | 54/58 | €71,712 | €34,881 | -€36,830 | -51.4% |
| Deferred charges and accrued income | 490/1 | €1,463 | €897 | -€566 | -38.7% |
| Total equity and liabilities | 10/49 | €133,139 | €101,149 | -€31,990 | -24.0% |
| Equity | 10/15 | €117,734 | €101,149 | -€16,586 | -14.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €106,569 | €106,569 | = | 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% |
| Distributable reserves | 133 | €104,709 | €104,709 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,965 | -€11,621 | -€16,586 | |
| Amounts payable | 17/49 | €15,405 | - | -€15,405 | |
| Amounts payable within one year | 42/48 | €15,405 | - | -€15,405 | |
| Trade debts | 44 | €175 | - | -€175 | |
| Suppliers | 440/4 | €175 | - | -€175 | |
| Taxes, remuneration and social security | 45 | €15,230 | - | -€15,230 | |
| Taxes | 450/3 | €15,230 | - | -€15,230 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,383 | €2,899 | +€516 | +21.6% |
| Other operating charges | 640/8 | €1,007 | €1,203 | +€196 | +19.4% |
| Gross operating margin | 9900 | €35,635 | -€11,455 | -€47,090 | |
| Operating profit (loss) | 9901 | €32,245 | -€15,557 | -€47,802 | |
| Financial income | 75/76B | €215 | - | -€215 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Non-recurring financial income | 76B | €215 | - | -€215 | |
| Financial charges | 65/66B | €1,096 | €1,029 | -€67 | -6.1% |
| Recurring financial charges | 65 | €1,096 | €1,029 | -€67 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €31,363 | -€16,586 | -€47,949 | |
| Income taxes | 67/77 | €15,098 | - | -€15,098 | |
| Profit (loss) for the period | 9904 | €16,265 | -€16,586 | -€32,851 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,265 | -€16,586 | -€32,851 |
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 17 October 2026 via checked.be.