D.V. INVEST: what changed
What changed
D.V. INVEST
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€4,456
2024 · €278,691-€274,235
Equity
€123,180
2024 · €118,725+€4,456
Cash
€27,476
2024 · €16,521+€10,955
Balance sheet total
€801,073
2024 · €853,816-€52,743
Largest movements
Assets
- Current investments -€52,709
no longer reported in 2025 (was €52,709)
- Tangible fixed assets -€34,506
down €34,506 (-13.3%), from €258,640 to €224,135
of which Land and buildings: -€23,111
- Receivables after one year +€20,093
up €20,093 (+3.9%), from €519,463 to €539,555
- Cash +€10,955
up €10,955 (+66.3%), from €16,521 to €27,476
mainly Debts after one year (+€153,271) and Trade debts (+€73,232)
Equity and liabilities
- Other debts -€270,000
down €270,000 (-100%), from €270,000 to €0
- Debts after one year +€153,271
up €153,271 (+38.8%), from €394,716 to €547,987
- Trade debts +€73,232
up €73,232 (+1,435%), from €5,103 to €78,335
- Current portion of long-term debt -€16,230
down €16,230 (-59.5%), from €27,270 to €11,041
Income statement
- Gross operating margin -€272,046
down €272,046 (-50.5%), from €538,397 to €266,351
Change in the result, 2024 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.
Result 2024
€278,691
Gross operating margin
-€272,046
Staff costs
-€3,786
Depreciation
-€2,881
Other operating charges
-€221
Financial income
+€2,158
Financial charges
+€1,647
Taxes
+€894
Result 2025
€4,456
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€176,396
Investment
+€50,321
Financing
+€137,030
Cash 2024
€16,521
From operations (derived)
-€176,396
Net result for the year
+€4,456
Depreciation
+€36,894
Receivables after one year
-€20,093
Receivables within one year
-€1,645
Deferred charges and accrued income
-€1,778
Trade debts
+€73,232
Tax, wage and social debts
+€2,245
Other debts
-€270,000
Accrued charges and deferred income
+€294
Investment (derived)
+€50,321
Investment in fixed assets (net)
-€2,388
Current investments
+€52,709
Financing
+€137,030
Debts after one year
+€153,271
Current portion of long-term debt
-€16,230
Short-term financial debts
-€11
Cash 2025
€27,476
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €853,816 | €801,073 | -€52,743 | -6.2% |
| Fixed assets | 21/28 | €258,640 | €224,135 | -€34,506 | -13.3% |
| Tangible fixed assets | 22/27 | €258,640 | €224,135 | -€34,506 | -13.3% |
| Land and buildings | 22 | €209,120 | €186,008 | -€23,111 | -11.1% |
| Plant, machinery and equipment | 23 | €1,935 | €1,500 | -€434 | -22.4% |
| Furniture and vehicles | 24 | €47,586 | €36,626 | -€10,960 | -23.0% |
| Current assets | 29/58 | €595,176 | €576,938 | -€18,238 | -3.1% |
| Amounts receivable after more than one year | 29 | €519,463 | €539,555 | +€20,093 | +3.9% |
| Other amounts receivable | 291 | €519,463 | €539,555 | +€20,093 | +3.9% |
| Amounts receivable within one year | 40/41 | €1,226 | €2,871 | +€1,645 | +134% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,226 | €2,871 | +€1,645 | +134% |
| Current investments | 50/53 | €52,709 | - | -€52,709 | |
| Cash at bank and in hand | 54/58 | €16,521 | €27,476 | +€10,955 | +66.3% |
| Deferred charges and accrued income | 490/1 | €5,257 | €7,036 | +€1,778 | +33.8% |
| Total equity and liabilities | 10/49 | €853,816 | €801,073 | -€52,743 | -6.2% |
| Equity | 10/15 | €118,725 | €123,180 | +€4,456 | +3.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €18,725 | €23,180 | +€4,456 | +23.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €18,725 | €23,180 | +€4,456 | +23.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €735,092 | €677,893 | -€57,199 | -7.8% |
| Amounts payable after more than one year | 17 | €394,716 | €547,987 | +€153,271 | +38.8% |
| Financial debts | 170/4 | €394,716 | €547,987 | +€153,271 | +38.8% |
| Amounts payable within one year | 42/48 | €336,375 | €125,612 | -€210,764 | -62.7% |
| Current portion of amounts payable after more than one year | 42 | €27,270 | €11,041 | -€16,230 | -59.5% |
| Financial debts | 43 | €11 | €0 | -€11 | -100% |
| Credit institutions | 430/8 | €11 | €0 | -€11 | -100% |
| Trade debts | 44 | €5,103 | €78,335 | +€73,232 | +1,435% |
| Suppliers | 440/4 | €5,103 | €78,335 | +€73,232 | +1,435% |
| Taxes, remuneration and social security | 45 | €33,991 | €36,236 | +€2,245 | +6.6% |
| Taxes | 450/3 | €8,904 | €9,462 | +€558 | +6.3% |
| Remuneration and social security | 454/9 | €25,086 | €26,773 | +€1,687 | +6.7% |
| Other amounts payable | 47/48 | €270,000 | €0 | -€270,000 | -100% |
| Accrued charges and deferred income | 492/3 | €4,000 | €4,294 | +€294 | +7.4% |
| Remuneration, social security and pensions | 62 | €213,776 | €217,563 | +€3,786 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,012 | €36,894 | +€2,881 | +8.5% |
| Other operating charges | 640/8 | €858 | €1,078 | +€221 | +25.7% |
| Gross operating margin | 9900 | €538,397 | €266,351 | -€272,046 | -50.5% |
| Operating profit (loss) | 9901 | €289,751 | €10,816 | -€278,934 | -96.3% |
| Financial income | 75/76B | €4,014 | €6,172 | +€2,158 | +53.8% |
| Recurring financial income | 75 | €4,014 | €6,172 | +€2,158 | +53.8% |
| Financial charges | 65/66B | €10,856 | €9,208 | -€1,647 | -15.2% |
| Recurring financial charges | 65 | €10,856 | €9,208 | -€1,647 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €282,909 | €7,781 | -€275,129 | -97.2% |
| Income taxes | 67/77 | €4,219 | €3,325 | -€894 | -21.2% |
| Profit (loss) for the period | 9904 | €278,691 | €4,456 | -€274,235 | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €278,691 | €4,456 | -€274,235 | -98.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.