D.V. SERVICES: 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. SERVICES
Largest movements
- Receivables within one year -€60,228
down €60,228 (-74.9%), from €80,422 to €20,195
of which Other amounts receivable: -€39,562
- Cash -€18,784
down €18,784 (-78.2%), from €24,009 to €5,225
mainly Contributions, distributions and other (-€44,167) and Debts after one year (-€25,513)
- Tangible fixed assets -€15,456
down €15,456 (-5.4%), from €287,713 to €272,257
of which Land and buildings: -€15,655
- Reserves -€58,533
down €58,533 (-38.8%), from €150,794 to €92,262
of which Distributable reserves: -€58,533
- Debts after one year -€25,513
down €25,513 (-13.8%), from €184,872 to €159,359
- Trade debts -€8,577
down €8,577 (-36.1%), from €23,744 to €15,167
- Gross operating margin -€29,777
down €29,777 (-61.7%), from €48,293 to €18,516
- Taxes -€4,495
down €4,495 (-90.0%), from €4,993 to €498
- Other operating charges -€2,482
down €2,482 (-93.8%), from €2,645 to €163
- Financial charges -€1,174
down €1,174 (-14.7%), from €7,997 to €6,824
- Depreciation -€709
down €709 (-2.7%), from €26,236 to €25,527
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 | €394,540 | €298,178 | -€96,362 | -24.4% |
| Fixed assets | 21/28 | €287,713 | €272,257 | -€15,456 | -5.4% |
| Tangible fixed assets | 22/27 | €287,713 | €272,257 | -€15,456 | -5.4% |
| Land and buildings | 22 | €282,520 | €266,865 | -€15,655 | -5.5% |
| Plant, machinery and equipment | 23 | €5,193 | €5,393 | +€200 | +3.8% |
| Current assets | 29/58 | €106,827 | €25,921 | -€80,906 | -75.7% |
| Amounts receivable within one year | 40/41 | €80,422 | €20,195 | -€60,228 | -74.9% |
| Trade receivables | 40 | €34,202 | €13,536 | -€20,665 | -60.4% |
| Other amounts receivable | 41 | €46,221 | €6,658 | -€39,562 | -85.6% |
| Cash at bank and in hand | 54/58 | €24,009 | €5,225 | -€18,784 | -78.2% |
| Deferred charges and accrued income | 490/1 | €2,396 | €501 | -€1,895 | -79.1% |
| Total equity and liabilities | 10/49 | €394,540 | €298,178 | -€96,362 | -24.4% |
| Equity | 10/15 | €156,994 | €97,642 | -€59,353 | -37.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €150,794 | €92,262 | -€58,533 | -38.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €45,113 | €45,113 | = | 0.0% |
| Distributable reserves | 133 | €103,821 | €45,288 | -€58,533 | -56.4% |
| Profit (loss) carried forward | 14 | - | -€820 | -€820 | |
| Amounts payable | 17/49 | €237,546 | €200,537 | -€37,009 | -15.6% |
| Amounts payable after more than one year | 17 | €184,872 | €159,359 | -€25,513 | -13.8% |
| Financial debts | 170/4 | €184,872 | €159,359 | -€25,513 | -13.8% |
| Amounts payable within one year | 42/48 | €52,674 | €41,177 | -€11,496 | -21.8% |
| Current portion of amounts payable after more than one year | 42 | €24,786 | €25,513 | +€727 | +2.9% |
| Financial debts | 43 | €1,697 | - | -€1,697 | |
| Credit institutions | 430/8 | €1,697 | - | -€1,697 | |
| Trade debts | 44 | €23,744 | €15,167 | -€8,577 | -36.1% |
| Suppliers | 440/4 | €23,744 | €15,167 | -€8,577 | -36.1% |
| Taxes, remuneration and social security | 45 | €2,447 | €498 | -€1,949 | -79.7% |
| Taxes | 450/3 | - | €498 | +€498 | |
| Remuneration and social security | 454/9 | €2,447 | - | -€2,447 | |
| Non-recurring operating income | 76A | €5,000 | €20,445 | +€15,445 | +308.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,236 | €25,527 | -€709 | -2.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €690 | +€690 | |
| Other operating charges | 640/8 | €2,645 | €163 | -€2,482 | -93.8% |
| Non-recurring operating charges | 66A | €701 | - | -€701 | |
| Gross operating margin | 9900 | €48,293 | €18,516 | -€29,777 | -61.7% |
| Operating profit (loss) | 9901 | €18,712 | -€7,865 | -€26,577 | |
| Financial charges | 65/66B | €7,997 | €6,824 | -€1,174 | -14.7% |
| Recurring financial charges | 65 | €7,997 | €6,824 | -€1,174 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €10,715 | -€14,688 | -€25,403 | |
| Income taxes | 67/77 | €4,993 | €498 | -€4,495 | -90.0% |
| Profit (loss) for the period | 9904 | €5,722 | -€15,186 | -€20,908 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,722 | -€15,186 | -€20,908 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.