D & V INTERNATIONAL: what changed
D & V INTERNATIONAL
Largest movements
- Tangible fixed assets -€43,836
down €43,836 (-55.9%), from €78,424 to €34,588
- Cash +€29,971
up €29,971 (+81.3%), from €36,878 to €66,849
- Stocks and contracts -€20,492
down €20,492 (-25.8%), from €79,549 to €59,057
- Profit (loss) carried forward -€29,368
down €29,368, from €4,618 to -€24,750
- Debts after one year -€5,000
down €5,000 (-4.0%), from €125,000 to €120,000
of which Other amounts payable: -€125,000
- Trade debts +€2,861
new in 2025: €2,861
- Gross operating margin -€21,842
down €21,842 (-94.0%), from €23,227 to €1,385
- Other operating charges +€1,488
new in 2025: €1,488
- Taxes -€808
no longer reported in 2025 (was €808)
Change in the result, 2023 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €197,285 | €164,771 | -€32,514 | -16.5% |
| Fixed assets | 21/28 | €78,459 | €34,623 | -€43,836 | -55.9% |
| Tangible fixed assets | 22/27 | €78,424 | €34,588 | -€43,836 | -55.9% |
| Furniture and vehicles | 24 | €78,424 | €34,588 | -€43,836 | -55.9% |
| Financial fixed assets | 28 | €35 | €35 | = | 0.0% |
| Current assets | 29/58 | €118,826 | €130,148 | +€11,322 | +9.5% |
| Stocks and contracts in progress | 3 | €79,549 | €59,057 | -€20,492 | -25.8% |
| Stocks | 30/36 | €79,549 | €59,057 | -€20,492 | -25.8% |
| Amounts receivable within one year | 40/41 | €933 | €2,847 | +€1,914 | +205% |
| Other amounts receivable | 41 | €933 | €2,847 | +€1,914 | +205% |
| Cash at bank and in hand | 54/58 | €36,878 | €66,849 | +€29,971 | +81.3% |
| Deferred charges and accrued income | 490/1 | €1,466 | €1,396 | -€70 | -4.8% |
| Total equity and liabilities | 10/49 | €197,285 | €164,771 | -€32,514 | -16.5% |
| Equity | 10/15 | €71,278 | €41,910 | -€29,368 | -41.2% |
| Contributions | 10/11 | €62,400 | €62,400 | = | 0.0% |
| Reserves | 13 | €4,260 | €4,260 | = | 0.0% |
| Distributable reserves | 133 | €4,260 | €4,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,618 | -€24,750 | -€29,368 | |
| Amounts payable | 17/49 | €126,007 | €122,861 | -€3,146 | -2.5% |
| Amounts payable after more than one year | 17 | €125,000 | €120,000 | -€5,000 | -4.0% |
| Financial debts | 170/4 | - | €120,000 | +€120,000 | |
| Other amounts payable | 178/9 | €125,000 | - | -€125,000 | |
| Amounts payable within one year | 42/48 | €1,007 | €2,861 | +€1,854 | +184% |
| Trade debts | 44 | - | €2,861 | +€2,861 | |
| Suppliers | 440/4 | - | €2,861 | +€2,861 | |
| Taxes, remuneration and social security | 45 | €809 | - | -€809 | |
| Taxes | 450/3 | €809 | - | -€809 | |
| Other amounts payable | 47/48 | €198 | - | -€198 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,918 | €21,918 | -€0 | 0.0% |
| Other operating charges | 640/8 | - | €1,488 | +€1,488 | |
| Gross operating margin | 9900 | €23,227 | €1,385 | -€21,842 | -94.0% |
| Operating profit (loss) | 9901 | €1,309 | -€22,021 | -€23,330 | |
| Financial income | 75/76B | €216 | - | -€216 | |
| Recurring financial income | 75 | €216 | - | -€216 | |
| Financial charges | 65/66B | €69 | €75 | +€6 | +8.7% |
| Recurring financial charges | 65 | €69 | €75 | +€6 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €1,456 | -€22,096 | -€23,552 | |
| Income taxes | 67/77 | €808 | - | -€808 | |
| Profit (loss) for the period | 9904 | €648 | -€22,096 | -€22,744 | |
| Profit (loss) for the period to be appropriated | 9905 | €648 | -€22,096 | -€22,744 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.