D&V Opslag: 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 Opslag
Largest movements
- Tangible fixed assets -€55,551
down €55,551 (-8.4%), from €657,447 to €601,896
of which Land and buildings: -€53,892
- Cash +€9,148
up €9,148 (+26.0%), from €35,171 to €44,319
mainly Depreciation (+€60,657) and Net result for the year (+€32,687)
- Debts after one year -€47,351
down €47,351 (-10.0%), from €475,301 to €427,950
of which Financial debts: -€47,351
- Reserves +€32,600
up €32,600 (+27.3%), from €119,300 to €151,900
- Tax, wage and social debts -€13,183
down €13,183 (-62.6%), from €21,074 to €7,891
of which Taxes: -€14,365
- Other debts -€12,000
down €12,000 (-54.5%), from €22,025 to €10,025
- Gross operating margin -€6,182
down €6,182 (-4.6%), from €133,353 to €127,171
- Depreciation +€3,014
up €3,014 (+5.2%), from €57,644 to €60,657
- Taxes -€2,298
down €2,298 (-15.3%), from €15,052 to €12,754
- Financial charges -€1,938
down €1,938 (-9.8%), from €19,801 to €17,863
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 | €711,678 | €672,825 | -€38,853 | -5.5% |
| Fixed assets | 21/28 | €658,119 | €602,568 | -€55,551 | -8.4% |
| Tangible fixed assets | 22/27 | €657,447 | €601,896 | -€55,551 | -8.4% |
| Land and buildings | 22 | €652,189 | €598,297 | -€53,892 | -8.3% |
| Plant, machinery and equipment | 23 | €5,258 | €3,599 | -€1,658 | -31.5% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Financial fixed assets | 28 | €672 | €672 | = | 0.0% |
| Current assets | 29/58 | €53,559 | €70,257 | +€16,698 | +31.2% |
| Amounts receivable within one year | 40/41 | €18,197 | €24,907 | +€6,710 | +36.9% |
| Trade receivables | 40 | €4,271 | €2,691 | -€1,579 | -37.0% |
| Other amounts receivable | 41 | €13,926 | €22,215 | +€8,289 | +59.5% |
| Cash at bank and in hand | 54/58 | €35,171 | €44,319 | +€9,148 | +26.0% |
| Deferred charges and accrued income | 490/1 | €191 | €1,031 | +€840 | +440% |
| Total equity and liabilities | 10/49 | €711,678 | €672,825 | -€38,853 | -5.5% |
| Equity | 10/15 | €139,424 | €172,110 | +€32,687 | +23.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €119,300 | €151,900 | +€32,600 | +27.3% |
| Distributable reserves | 133 | €119,300 | €151,900 | +€32,600 | +27.3% |
| Profit (loss) carried forward | 14 | €124 | €210 | +€87 | +70.4% |
| Amounts payable | 17/49 | €572,254 | €500,714 | -€71,540 | -12.5% |
| Amounts payable after more than one year | 17 | €475,301 | €427,950 | -€47,351 | -10.0% |
| Financial debts | 170/4 | €465,014 | €417,663 | -€47,351 | -10.2% |
| Other amounts payable | 178/9 | €10,287 | €10,287 | = | 0.0% |
| Amounts payable within one year | 42/48 | €91,666 | €67,479 | -€24,187 | -26.4% |
| Current portion of amounts payable after more than one year | 42 | €45,723 | €47,919 | +€2,195 | +4.8% |
| Trade debts | 44 | €2,843 | €1,645 | -€1,199 | -42.2% |
| Suppliers | 440/4 | €2,843 | €1,645 | -€1,199 | -42.2% |
| Taxes, remuneration and social security | 45 | €21,074 | €7,891 | -€13,183 | -62.6% |
| Taxes | 450/3 | €16,564 | €2,200 | -€14,365 | -86.7% |
| Remuneration and social security | 454/9 | €4,510 | €5,692 | +€1,181 | +26.2% |
| Other amounts payable | 47/48 | €22,025 | €10,025 | -€12,000 | -54.5% |
| Accrued charges and deferred income | 492/3 | €5,287 | €5,285 | -€2 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,644 | €60,657 | +€3,014 | +5.2% |
| Other operating charges | 640/8 | €3,769 | €3,421 | -€347 | -9.2% |
| Gross operating margin | 9900 | €133,353 | €127,171 | -€6,182 | -4.6% |
| Operating profit (loss) | 9901 | €71,940 | €63,092 | -€8,848 | -12.3% |
| Financial income | 75/76B | €618 | €211 | -€407 | -65.8% |
| Recurring financial income | 75 | €618 | €211 | -€407 | -65.8% |
| Financial charges | 65/66B | €19,801 | €17,863 | -€1,938 | -9.8% |
| Recurring financial charges | 65 | €19,801 | €17,863 | -€1,938 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €52,757 | €45,441 | -€7,316 | -13.9% |
| Income taxes | 67/77 | €15,052 | €12,754 | -€2,298 | -15.3% |
| Profit (loss) for the period | 9904 | €37,705 | €32,687 | -€5,018 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €37,705 | €32,687 | -€5,018 | -13.3% |
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 15 October 2026 via checked.be.