D.V.CITY: 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.CITY
Largest movements
- Cash -€461,428
down €461,428 (-91.6%), from €503,477 to €42,048
mainly Debts after one year (-€330,874) and Provisions (-€130,000)
- Tangible fixed assets -€61,918
down €61,918 (-3.7%), from €1.7m to €1.6m
- Debts after one year -€330,874
down €330,874 (-25.6%), from €1.3m to €962,457
- Provisions -€130,000
down €130,000 (-56.1%), from €231,751 to €101,751
- Debts within one year -€116,940
down €116,940 (-78.9%), from €148,185 to €31,244
- Equity +€61,082
up €61,082 (+12.2%), from €498,712 to €559,794
of which Profit (loss) carried forward: +€61,082
- Gross operating margin -€57,860
down €57,860 (-30.6%), from €188,919 to €131,059
- Taxes -€5,759
down €5,759 (-20.6%), from €27,998 to €22,239
From the 2019 result to the 2020 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 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,171,980 | €1,655,247 | -€516,733 | -23.8% |
| Fixed assets | 21/28 | €1,668,503 | €1,602,785 | -€65,718 | -3.9% |
| Tangible fixed assets | 22/27 | €1,664,703 | €1,602,785 | -€61,918 | -3.7% |
| Financial fixed assets | 28 | €3,800 | - | -€3,800 | |
| Current assets | 29/58 | €503,477 | €52,462 | -€451,014 | -89.6% |
| Amounts receivable within one year | 40/41 | - | €10,414 | +€10,414 | |
| Cash at bank and in hand | 54/58 | €503,477 | €42,048 | -€461,428 | -91.6% |
| Total equity and liabilities | 10/49 | €2,171,980 | €1,655,247 | -€516,733 | -23.8% |
| Equity | 10/15 | €498,712 | €559,794 | +€61,082 | +12.2% |
| Contributions | 10/11 | €150,000 | - | -€150,000 | |
| Reserves | 13 | €279,205 | €264,205 | -€15,000 | -5.4% |
| Profit (loss) carried forward | 14 | €69,507 | €130,589 | +€61,082 | +87.9% |
| Provisions and deferred taxes | 16 | €231,751 | €101,751 | -€130,000 | -56.1% |
| Amounts payable | 17/49 | €1,441,516 | €993,701 | -€447,815 | -31.1% |
| Amounts payable after more than one year | 17 | €1,293,332 | €962,457 | -€330,874 | -25.6% |
| Amounts payable within one year | 42/48 | €148,185 | €31,244 | -€116,940 | -78.9% |
| Trade debts | 44 | €6,498 | - | -€6,498 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,918 | €61,918 | +€0 | 0.0% |
| Gross operating margin | 9900 | €188,919 | €131,059 | -€57,860 | -30.6% |
| Operating profit (loss) | 9901 | €127,000 | €167,898 | +€40,898 | +32.2% |
| Recurring financial charges | 65 | €34,473 | €84,577 | +€50,105 | +145% |
| Profit (loss) for the period before taxes | 9903 | €92,528 | €83,321 | -€9,207 | -10.0% |
| Income taxes | 67/77 | €27,998 | €22,239 | -€5,759 | -20.6% |
| Profit (loss) for the period | 9904 | €64,530 | €61,082 | -€3,448 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €64,530 | €61,082 | -€3,448 | -5.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2019 and 30 June 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.