D.V.P. EURO - CONSTRUCT: 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.P. EURO - CONSTRUCT
Largest movements
- Tangible fixed assets -€52,149
down €52,149 (-95.7%), from €54,486 to €2,338
of which Land and buildings: -€45,322
- Receivables after one year -€41,641
down €41,641 (-77.1%), from €54,000 to €12,359
- Receivables within one year +€13,837
up €13,837 (+53.4%), from €25,889 to €39,726
of which Trade receivables: +€15,305
- Deferred charges and accrued income -€4,521
down €4,521 (-93.4%), from €4,843 to €321
- Cash +€3,073
up €3,073 (+113%), from €2,714 to €5,787
mainly Investment in fixed assets (net) (+€51,386) and Receivables after one year (+€41,641)
- Profit (loss) carried forward -€32,734
down €32,734 (-69.4%), from -€47,171 to -€79,906
- Short-term financial debts -€22,433
no longer reported in 2025 (was €22,433)
- Contributions -€15,000
down €15,000 (-57.6%), from €26,029 to €11,029
- Trade debts -€10,943
down €10,943 (-66.7%), from €16,406 to €5,463
- Staff costs -€24,489
down €24,489 (-29.3%), from €83,701 to €59,212
- Gross operating margin -€21,128
down €21,128 (-33.0%), from €64,063 to €42,935
- Depreciation -€4,791
down €4,791 (-86.3%), from €5,554 to €763
- Taxes -€1,411
no longer reported in 2025 (was €1,411)
- Financial charges +€1,320
up €1,320 (+56.7%), from €2,330 to €3,650
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 | €143,822 | €62,421 | -€81,402 | -56.6% |
| Fixed assets | 21/28 | €55,376 | €3,228 | -€52,149 | -94.2% |
| Tangible fixed assets | 22/27 | €54,486 | €2,338 | -€52,149 | -95.7% |
| Land and buildings | 22 | €45,322 | - | -€45,322 | |
| Plant, machinery and equipment | 23 | €1,083 | - | -€1,083 | |
| Furniture and vehicles | 24 | €8,082 | €2,338 | -€5,744 | -71.1% |
| Financial fixed assets | 28 | €890 | €890 | = | 0.0% |
| Current assets | 29/58 | €88,446 | €59,193 | -€29,253 | -33.1% |
| Amounts receivable after more than one year | 29 | €54,000 | €12,359 | -€41,641 | -77.1% |
| Other amounts receivable | 291 | €54,000 | €12,359 | -€41,641 | -77.1% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,889 | €39,726 | +€13,837 | +53.4% |
| Trade receivables | 40 | €17,486 | €32,791 | +€15,305 | +87.5% |
| Other amounts receivable | 41 | €8,403 | €6,935 | -€1,468 | -17.5% |
| Cash at bank and in hand | 54/58 | €2,714 | €5,787 | +€3,073 | +113% |
| Deferred charges and accrued income | 490/1 | €4,843 | €321 | -€4,521 | -93.4% |
| Total equity and liabilities | 10/49 | €143,822 | €62,421 | -€81,402 | -56.6% |
| Equity | 10/15 | €101,090 | €53,355 | -€47,734 | -47.2% |
| Contributions | 10/11 | €26,029 | €11,029 | -€15,000 | -57.6% |
| Reserves | 13 | €122,232 | €122,232 | = | 0.0% |
| Distributable reserves | 133 | €122,232 | €122,232 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,171 | -€79,906 | -€32,734 | -69.4% |
| Amounts payable | 17/49 | €42,732 | €9,065 | -€33,667 | -78.8% |
| Amounts payable within one year | 42/48 | €42,732 | €9,065 | -€33,667 | -78.8% |
| Current portion of amounts payable after more than one year | 42 | - | €337 | +€337 | |
| Financial debts | 43 | €22,433 | - | -€22,433 | |
| Credit institutions | 430/8 | €22,433 | - | -€22,433 | |
| Trade debts | 44 | €16,406 | €5,463 | -€10,943 | -66.7% |
| Suppliers | 440/4 | €16,406 | €5,463 | -€10,943 | -66.7% |
| Taxes, remuneration and social security | 45 | €3,831 | €3,265 | -€566 | -14.8% |
| Taxes | 450/3 | €1,419 | €3,190 | +€1,771 | +125% |
| Remuneration and social security | 454/9 | €2,412 | €75 | -€2,337 | -96.9% |
| Other amounts payable | 47/48 | €62 | - | -€62 | |
| Remuneration, social security and pensions | 62 | €83,701 | €59,212 | -€24,489 | -29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,554 | €763 | -€4,791 | -86.3% |
| Other operating charges | 640/8 | €2,523 | €2,337 | -€185 | -7.3% |
| Non-recurring operating charges | 66A | - | €10,322 | +€10,322 | |
| Gross operating margin | 9900 | €64,063 | €42,935 | -€21,128 | -33.0% |
| Operating profit (loss) | 9901 | -€27,714 | -€29,699 | -€1,985 | -7.2% |
| Financial income | 75/76B | €842 | €615 | -€227 | -27.0% |
| Recurring financial income | 75 | €842 | €615 | -€227 | -27.0% |
| Financial charges | 65/66B | €2,330 | €3,650 | +€1,320 | +56.7% |
| Recurring financial charges | 65 | €2,330 | €3,650 | +€1,320 | +56.7% |
| Profit (loss) for the period before taxes | 9903 | -€29,202 | -€32,734 | -€3,532 | -12.1% |
| Income taxes | 67/77 | €1,411 | - | -€1,411 | |
| Profit (loss) for the period | 9904 | -€30,613 | -€32,734 | -€2,122 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,613 | -€32,734 | -€2,122 | -6.9% |
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 18 October 2026 via checked.be.