D.V.G.-Services: 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.
What changed
D.V.G.-Services
NACE 84.249, Public administration and defence; compulsory social security
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€298,955
2024 · €252,230+€46,725
Equity
€1.1m
2024 · €885,554+€178,955
Cash
€430,326
2024 · €414,474+€15,852
Balance sheet total
€1.3m
2024 · €1.1m+€201,201
Largest movements
Assets
- Current investments +€101,565
up €101,565 (+23.7%), from €427,837 to €529,402
- Receivables within one year +€77,335
up €77,335 (+33.4%), from €231,240 to €308,575
of which Trade receivables: +€54,046
- Cash +€15,852
up €15,852 (+3.8%), from €414,474 to €430,326
mainly Net result for the year (+€298,955) and Tax, wage and social debts (+€26,607)
Equity and liabilities
- Reserves +€178,955
up €178,955 (+20.6%), from €866,954 to €1.0m
of which Distributable reserves: +€178,955
- Tax, wage and social debts +€26,607
up €26,607 (+48.7%), from €54,612 to €81,219
of which Taxes: +€23,602
Income statement
- Gross operating margin +€110,232
up €110,232 (+23.9%), from €460,608 to €570,840
- Staff costs +€43,910
up €43,910 (+75.5%), from €58,189 to €102,099
- Taxes +€23,984
up €23,984 (+19.5%), from €123,036 to €147,020
- Other operating charges -€8,237
down €8,237 (-71.1%), from €11,585 to €3,348
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.
Result 2024
€252,230
Gross operating margin
+€110,232
Staff costs
-€43,910
Depreciation
+€1,073
Write-downs
+€522
Other operating charges
+€8,237
Financial income
-€2,187
Financial charges
-€3,258
Taxes
-€23,984
Result 2025
€298,955
raises the resultlowers the result
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.
From operations
+€249,289
Investment
-€114,971
Financing
-€118,466
Cash 2024
€414,474
From operations (derived)
+€249,289
Net result for the year
+€298,955
Depreciation
+€12,520
Receivables within one year
-€77,335
Deferred charges and accrued income
-€5,563
Trade debts
-€2,232
Tax, wage and social debts
+€26,607
Other debts
-€3,664
Investment (derived)
-€114,971
Investment in fixed assets (net)
-€13,406
Current investments
-€101,565
Financing
-€118,466
Debts after one year
-€3,300
Current portion of long-term debt
+€4,177
Short-term financial debts
+€657
Contributions, distributions and other
-€120,000
Cash 2025
€430,326
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,120,917 | €1,322,118 | +€201,201 | +17.9% |
| Fixed assets | 21/28 | €21,052 | €21,938 | +€886 | +4.2% |
| Intangible fixed assets | 21 | - | €1,930 | +€1,930 | |
| Tangible fixed assets | 22/27 | €20,802 | €19,758 | -€1,044 | -5.0% |
| Land and buildings | 22 | €1,133 | €2,688 | +€1,555 | +137% |
| Plant, machinery and equipment | 23 | €3,549 | €7,094 | +€3,545 | +99.9% |
| Furniture and vehicles | 24 | €16,120 | €9,976 | -€6,144 | -38.1% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €1,099,865 | €1,300,180 | +€200,315 | +18.2% |
| Amounts receivable within one year | 40/41 | €231,240 | €308,575 | +€77,335 | +33.4% |
| Trade receivables | 40 | €230,074 | €284,120 | +€54,046 | +23.5% |
| Other amounts receivable | 41 | €1,166 | €24,455 | +€23,289 | +1,997% |
| Current investments | 50/53 | €427,837 | €529,402 | +€101,565 | +23.7% |
| Cash at bank and in hand | 54/58 | €414,474 | €430,326 | +€15,852 | +3.8% |
| Deferred charges and accrued income | 490/1 | €26,314 | €31,876 | +€5,563 | +21.1% |
| Total equity and liabilities | 10/49 | €1,120,917 | €1,322,118 | +€201,201 | +17.9% |
| Equity | 10/15 | €885,554 | €1,064,509 | +€178,955 | +20.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €866,954 | €1,045,909 | +€178,955 | +20.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €866,954 | €1,045,909 | +€178,955 | +20.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €35,000 | €35,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €35,000 | €35,000 | = | 0.0% |
| Environmental obligations | 163 | €35,000 | €35,000 | = | 0.0% |
| Amounts payable | 17/49 | €200,363 | €222,609 | +€22,246 | +11.1% |
| Amounts payable after more than one year | 17 | €6,669 | €3,369 | -€3,300 | -49.5% |
| Financial debts | 170/4 | €6,669 | €3,369 | -€3,300 | -49.5% |
| Amounts payable within one year | 42/48 | €193,694 | €219,240 | +€25,546 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €4,510 | €8,687 | +€4,177 | +92.6% |
| Financial debts | 43 | €915 | €1,573 | +€657 | +71.8% |
| Credit institutions | 430/8 | €915 | €1,573 | +€657 | +71.8% |
| Trade debts | 44 | €128,274 | €126,043 | -€2,232 | -1.7% |
| Suppliers | 440/4 | €128,274 | €126,043 | -€2,232 | -1.7% |
| Taxes, remuneration and social security | 45 | €54,612 | €81,219 | +€26,607 | +48.7% |
| Taxes | 450/3 | €51,002 | €74,604 | +€23,602 | +46.3% |
| Remuneration and social security | 454/9 | €3,610 | €6,615 | +€3,005 | +83.3% |
| Other amounts payable | 47/48 | €5,383 | €1,719 | -€3,664 | -68.1% |
| Non-recurring operating income | 76A | €7,469 | €0 | -€7,469 | -100% |
| Remuneration, social security and pensions | 62 | €58,189 | €102,099 | +€43,910 | +75.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,594 | €12,520 | -€1,073 | -7.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €522 | €0 | -€522 | -100% |
| Other operating charges | 640/8 | €11,585 | €3,348 | -€8,237 | -71.1% |
| Gross operating margin | 9900 | €460,608 | €570,840 | +€110,232 | +23.9% |
| Operating profit (loss) | 9901 | €376,719 | €452,873 | +€76,154 | +20.2% |
| Financial income | 75/76B | €4,940 | €2,753 | -€2,187 | -44.3% |
| Recurring financial income | 75 | €4,940 | €2,753 | -€2,187 | -44.3% |
| Financial charges | 65/66B | €6,393 | €9,651 | +€3,258 | +51.0% |
| Recurring financial charges | 65 | €6,393 | €9,651 | +€3,258 | +51.0% |
| Profit (loss) for the period before taxes | 9903 | €375,266 | €445,975 | +€70,709 | +18.8% |
| Income taxes | 67/77 | €123,036 | €147,020 | +€23,984 | +19.5% |
| Profit (loss) for the period | 9904 | €252,230 | €298,955 | +€46,725 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €252,230 | €298,955 | +€46,725 | +18.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.