D.V.M.P.: 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.M.P.
Largest movements
- Receivables within one year -€88,276
down €88,276 (-84.4%), from €104,600 to €16,324
of which Trade receivables: -€87,566
- Deferred charges and accrued income +€69,116
up €69,116 (+3,269%), from €2,114 to €71,230
- Cash +€31,430
up €31,430 (+31.4%), from €100,045 to €131,474
mainly Receivables within one year (+€88,276) and Net result for the year (+€8,145)
- Tangible fixed assets -€4,293
down €4,293 (-28.5%), from €15,079 to €10,786
- Reserves +€8,000
up €8,000 (+55.2%), from €14,500 to €22,500
- Debts after one year -€4,803
down €4,803 (-36.2%), from €13,256 to €8,453
- Other debts +€2,804
up €2,804 (+66.1%), from €4,242 to €7,046
- Gross operating margin +€15,851
up €15,851 (+24.2%), from €65,606 to €81,458
- Staff costs +€7,795
up €7,795 (+20.2%), from €38,649 to €46,444
- Taxes -€2,424
down €2,424 (-40.7%), from €5,954 to €3,530
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 | €221,937 | €229,914 | +€7,977 | +3.6% |
| Fixed assets | 21/28 | €15,178 | €10,885 | -€4,293 | -28.3% |
| Tangible fixed assets | 22/27 | €15,079 | €10,786 | -€4,293 | -28.5% |
| Furniture and vehicles | 24 | €15,079 | €10,786 | -€4,293 | -28.5% |
| Financial fixed assets | 28 | €99 | €99 | = | 0.0% |
| Current assets | 29/58 | €206,759 | €219,029 | +€12,270 | +5.9% |
| Amounts receivable within one year | 40/41 | €104,600 | €16,324 | -€88,276 | -84.4% |
| Trade receivables | 40 | €99,403 | €11,836 | -€87,566 | -88.1% |
| Other amounts receivable | 41 | €5,197 | €4,488 | -€710 | -13.7% |
| Cash at bank and in hand | 54/58 | €100,045 | €131,474 | +€31,430 | +31.4% |
| Deferred charges and accrued income | 490/1 | €2,114 | €71,230 | +€69,116 | +3,269% |
| Total equity and liabilities | 10/49 | €221,937 | €229,914 | +€7,977 | +3.6% |
| Equity | 10/15 | €186,934 | €195,079 | +€8,145 | +4.4% |
| Contributions | 10/11 | €8,065 | €8,065 | = | 0.0% |
| Reserves | 13 | €14,500 | €22,500 | +€8,000 | +55.2% |
| Distributable reserves | 133 | €14,500 | €22,500 | +€8,000 | +55.2% |
| Profit (loss) carried forward | 14 | €164,370 | €164,515 | +€145 | +0.1% |
| Amounts payable | 17/49 | €35,003 | €34,835 | -€168 | -0.5% |
| Amounts payable after more than one year | 17 | €13,256 | €8,453 | -€4,803 | -36.2% |
| Financial debts | 170/4 | €13,256 | €8,453 | -€4,803 | -36.2% |
| Amounts payable within one year | 42/48 | €21,747 | €26,217 | +€4,470 | +20.6% |
| Financial debts | 43 | €4,601 | €4,813 | +€212 | +4.6% |
| Credit institutions | 430/8 | €4,601 | €4,813 | +€212 | +4.6% |
| Trade debts | 44 | €3,466 | €5,261 | +€1,795 | +51.8% |
| Suppliers | 440/4 | €3,466 | €5,261 | +€1,795 | +51.8% |
| Taxes, remuneration and social security | 45 | €9,438 | €9,097 | -€341 | -3.6% |
| Taxes | 450/3 | €1,395 | €954 | -€441 | -31.6% |
| Remuneration and social security | 454/9 | €8,043 | €8,143 | +€100 | +1.2% |
| Other amounts payable | 47/48 | €4,242 | €7,046 | +€2,804 | +66.1% |
| Accrued charges and deferred income | 492/3 | - | €165 | +€165 | |
| Remuneration, social security and pensions | 62 | €38,649 | €46,444 | +€7,795 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,293 | €4,293 | = | 0.0% |
| Other operating charges | 640/8 | €262 | €268 | +€6 | +2.3% |
| Non-recurring operating charges | 66A | - | €17,268 | +€17,268 | |
| Gross operating margin | 9900 | €65,606 | €81,458 | +€15,851 | +24.2% |
| Operating profit (loss) | 9901 | €22,403 | €13,185 | -€9,218 | -41.1% |
| Financial charges | 65/66B | €1,828 | €1,510 | -€318 | -17.4% |
| Recurring financial charges | 65 | €1,828 | €1,510 | -€318 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €20,575 | €11,675 | -€8,900 | -43.3% |
| Income taxes | 67/77 | €5,954 | €3,530 | -€2,424 | -40.7% |
| Profit (loss) for the period | 9904 | €14,621 | €8,145 | -€6,476 | -44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,621 | €8,145 | -€6,476 | -44.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.