D&V Creations: 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 Creations
Largest movements
- Tangible fixed assets +€148,636
up €148,636 (+203%), from €73,248 to €221,884
of which Land and buildings: +€164,253
- Cash +€25,323
up €25,323 (+76.5%), from €33,123 to €58,446
mainly Debts after one year (+€114,401) and Trade debts (+€33,955)
- Receivables within one year -€5,031
down €5,031 (-47.2%), from €10,663 to €5,632
of which Trade receivables: -€8,715
- Deferred charges and accrued income -€3,900
down €3,900 (-73.0%), from €5,346 to €1,446
- Debts after one year +€114,401
up €114,401 (+602%), from €19,000 to €133,401
- Trade debts +€33,955
up €33,955 (+1,552%), from €2,188 to €36,143
- Current portion of long-term debt +€8,939
new in 2025: €8,939
- Profit (loss) carried forward +€4,192
up €4,192, from -€3,192 to €1,000
- Reserves +€3,000
up €3,000 (+3.9%), from €77,000 to €80,000
- Gross operating margin +€18,110
up €18,110 (+150%), from €12,108 to €30,218
- Depreciation -€1,858
down €1,858 (-9.2%), from €20,102 to €18,243
- Financial charges +€425
up €425 (+25.8%), from €1,646 to €2,071
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 | €122,380 | €287,408 | +€165,027 | +135% |
| Fixed assets | 21/28 | €73,248 | €221,884 | +€148,636 | +203% |
| Tangible fixed assets | 22/27 | €73,248 | €221,884 | +€148,636 | +203% |
| Land and buildings | 22 | - | €164,253 | +€164,253 | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €33,798 | €24,000 | -€9,798 | -29.0% |
| Other tangible fixed assets | 26 | €39,450 | €33,631 | -€5,819 | -14.8% |
| Current assets | 29/58 | €49,132 | €65,524 | +€16,392 | +33.4% |
| Amounts receivable within one year | 40/41 | €10,663 | €5,632 | -€5,031 | -47.2% |
| Trade receivables | 40 | €10,663 | €1,948 | -€8,715 | -81.7% |
| Other amounts receivable | 41 | €0 | €3,684 | +€3,684 | |
| Cash at bank and in hand | 54/58 | €33,123 | €58,446 | +€25,323 | +76.5% |
| Deferred charges and accrued income | 490/1 | €5,346 | €1,446 | -€3,900 | -73.0% |
| Total equity and liabilities | 10/49 | €122,380 | €287,408 | +€165,027 | +135% |
| Equity | 10/15 | €92,408 | €99,600 | +€7,192 | +7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €77,000 | €80,000 | +€3,000 | +3.9% |
| Distributable reserves | 133 | €77,000 | €80,000 | +€3,000 | +3.9% |
| Profit (loss) carried forward | 14 | -€3,192 | €1,000 | +€4,192 | |
| Amounts payable | 17/49 | €29,973 | €187,808 | +€157,836 | +527% |
| Amounts payable after more than one year | 17 | €19,000 | €133,401 | +€114,401 | +602% |
| Financial debts | 170/4 | €19,000 | €133,401 | +€114,401 | +602% |
| Amounts payable within one year | 42/48 | €10,973 | €54,407 | +€43,435 | +396% |
| Current portion of amounts payable after more than one year | 42 | - | €8,939 | +€8,939 | |
| Trade debts | 44 | €2,188 | €36,143 | +€33,955 | +1,552% |
| Suppliers | 440/4 | €2,188 | €36,143 | +€33,955 | +1,552% |
| Taxes, remuneration and social security | 45 | €6,785 | €8,289 | +€1,504 | +22.2% |
| Taxes | 450/3 | €4,315 | €5,820 | +€1,504 | +34.9% |
| Remuneration and social security | 454/9 | €2,470 | €2,470 | = | 0.0% |
| Other amounts payable | 47/48 | €1,999 | €1,035 | -€964 | -48.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,102 | €18,243 | -€1,858 | -9.2% |
| Other operating charges | 640/8 | €1,941 | €1,887 | -€53 | -2.7% |
| Gross operating margin | 9900 | €12,108 | €30,218 | +€18,110 | +150% |
| Operating profit (loss) | 9901 | -€9,934 | €10,088 | +€20,022 | |
| Financial charges | 65/66B | €1,646 | €2,071 | +€425 | +25.8% |
| Recurring financial charges | 65 | €1,646 | €2,071 | +€425 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,580 | €8,016 | +€19,597 | |
| Income taxes | 67/77 | €526 | €824 | +€298 | +56.6% |
| Profit (loss) for the period | 9904 | -€12,107 | €7,192 | +€19,299 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,107 | €7,192 | +€19,299 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.