D.V.L. ENGINEERING: what changed
Two fiscal 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.L. ENGINEERING
Largest movements
- Cash -€20,489
down €20,489 (-67.7%), from €30,287 to €9,798
mainly Net result for the year (-€11,838) and Receivables within one year (-€6,828)
- Receivables within one year +€6,828
up €6,828 (+51.6%), from €13,232 to €20,060
of which Other amounts receivable: +€3,898
- Tangible fixed assets -€6,503
down €6,503 (-6.2%), from €105,469 to €98,966
of which Land and buildings: -€4,203
- Profit (loss) carried forward -€11,838
down €11,838 (-27.2%), from €43,469 to €31,631
- Tax, wage and social debts -€4,838
down €4,838 (-42.2%), from €11,460 to €6,621
- Short-term financial debts -€2,387
no longer reported in 2025 (was €2,387)
- Gross operating margin -€38,320
down €38,320, from €36,507 to -€1,813
- Taxes -€6,762
down €6,762 (-93.7%), from €7,217 to €456
- Other operating charges -€1,426
down €1,426 (-37.8%), from €3,767 to €2,342
- Depreciation -€1,350
down €1,350 (-17.2%), from €7,853 to €6,503
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.
Cash bridge derived
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 | €150,206 | €130,901 | -€19,305 | -12.9% |
| Fixed assets | 21/28 | €105,469 | €98,966 | -€6,503 | -6.2% |
| Tangible fixed assets | 22/27 | €105,469 | €98,966 | -€6,503 | -6.2% |
| Land and buildings | 22 | €93,274 | €89,071 | -€4,203 | -4.5% |
| Plant, machinery and equipment | 23 | €8,722 | €7,737 | -€986 | -11.3% |
| Furniture and vehicles | 24 | €3,472 | €2,159 | -€1,314 | -37.8% |
| Current assets | 29/58 | €44,737 | €31,935 | -€12,802 | -28.6% |
| Amounts receivable within one year | 40/41 | €13,232 | €20,060 | +€6,828 | +51.6% |
| Trade receivables | 40 | €11,840 | €14,770 | +€2,930 | +24.7% |
| Other amounts receivable | 41 | €1,392 | €5,290 | +€3,898 | +280.1% |
| Cash at bank and in hand | 54/58 | €30,287 | €9,798 | -€20,489 | -67.7% |
| Deferred charges and accrued income | 490/1 | €1,219 | €2,077 | +€859 | +70.5% |
| Total equity and liabilities | 10/49 | €150,206 | €130,901 | -€19,305 | -12.9% |
| Equity | 10/15 | €133,485 | €121,648 | -€11,838 | -8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,417 | €71,417 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €69,557 | €69,557 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,469 | €31,631 | -€11,838 | -27.2% |
| Amounts payable | 17/49 | €16,721 | €9,254 | -€7,467 | -44.7% |
| Amounts payable within one year | 42/48 | €16,721 | €9,254 | -€7,467 | -44.7% |
| Financial debts | 43 | €2,387 | - | -€2,387 | |
| Credit institutions | 430/8 | €2,387 | - | -€2,387 | |
| Trade debts | 44 | €2,874 | €2,632 | -€242 | -8.4% |
| Suppliers | 440/4 | €2,874 | €2,632 | -€242 | -8.4% |
| Taxes, remuneration and social security | 45 | €11,460 | €6,621 | -€4,838 | -42.2% |
| Taxes | 450/3 | €11,460 | €6,621 | -€4,838 | -42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,853 | €6,503 | -€1,350 | -17.2% |
| Other operating charges | 640/8 | €3,767 | €2,342 | -€1,426 | -37.8% |
| Gross operating margin | 9900 | €36,507 | -€1,813 | -€38,320 | |
| Operating profit (loss) | 9901 | €24,887 | -€10,657 | -€35,544 | |
| Financial income | 75/76B | €34 | €162 | +€128 | +381.0% |
| Recurring financial income | 75 | €34 | €162 | +€128 | +381.0% |
| Financial charges | 65/66B | €626 | €887 | +€260 | +41.6% |
| Recurring financial charges | 65 | €626 | €887 | +€260 | +41.6% |
| Profit (loss) for the period before taxes | 9903 | €24,294 | -€11,382 | -€35,676 | |
| Income taxes | 67/77 | €7,217 | €456 | -€6,762 | -93.7% |
| Profit (loss) for the period | 9904 | €17,077 | -€11,838 | -€28,915 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,077 | -€11,838 | -€28,915 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.