D-V SOLUTIONS: 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 SOLUTIONS
Largest movements
- Cash -€226,042
down €226,042 (-97.6%), from €231,579 to €5,537
mainly Current investments (-€180,000) and Net result for the year (-€67,950)
- Current investments +€180,000
up €180,000 (+30.4%), from €592,536 to €772,536
- Tangible fixed assets -€47,979
down €47,979 (-5.2%), from €927,449 to €879,470
of which Land and buildings: -€49,760
- Receivables within one year +€23,114
up €23,114 (+23.8%), from €97,057 to €120,171
of which Other amounts receivable: +€21,255
- Reserves -€67,950
down €67,950 (-4.1%), from €1.7m to €1.6m
of which Distributable reserves: -€53,522
- Gross operating margin +€11,341
up €11,341 (+35.8%), from -€31,636 to -€20,294
- Financial income -€9,721
down €9,721 (-61.3%), from €15,855 to €6,134
- Depreciation -€3,415
down €3,415 (-6.0%), from €56,476 to €53,061
- Taxes -€3,227
down €3,227 (-93.5%), from €3,451 to €224
- Financial charges +€551
up €551 (+21.3%), from €2,593 to €3,144
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 | €1,851,058 | €1,779,157 | -€71,901 | -3.9% |
| Fixed assets | 21/28 | €927,449 | €879,470 | -€47,979 | -5.2% |
| Tangible fixed assets | 22/27 | €927,449 | €879,470 | -€47,979 | -5.2% |
| Land and buildings | 22 | €927,202 | €877,442 | -€49,760 | -5.4% |
| Plant, machinery and equipment | 23 | - | €1,995 | +€1,995 | |
| Furniture and vehicles | 24 | €247 | €33 | -€214 | -86.7% |
| Current assets | 29/58 | €923,609 | €899,687 | -€23,922 | -2.6% |
| Amounts receivable within one year | 40/41 | €97,057 | €120,171 | +€23,114 | +23.8% |
| Trade receivables | 40 | €1,032 | €2,891 | +€1,859 | +180.1% |
| Other amounts receivable | 41 | €96,025 | €117,280 | +€21,255 | +22.1% |
| Current investments | 50/53 | €592,536 | €772,536 | +€180,000 | +30.4% |
| Cash at bank and in hand | 54/58 | €231,579 | €5,537 | -€226,042 | -97.6% |
| Deferred charges and accrued income | 490/1 | €2,438 | €1,444 | -€994 | -40.8% |
| Total equity and liabilities | 10/49 | €1,851,058 | €1,779,157 | -€71,901 | -3.9% |
| Equity | 10/15 | €1,766,309 | €1,698,359 | -€67,950 | -3.8% |
| Contributions | 10/11 | €101,250 | €101,250 | = | 0.0% |
| Reserves | 13 | €1,665,059 | €1,597,109 | -€67,950 | -4.1% |
| Tax-exempt reserves | 132 | €238,052 | €223,624 | -€14,427 | -6.1% |
| Distributable reserves | 133 | €1,427,007 | €1,373,485 | -€53,522 | -3.8% |
| Provisions and deferred taxes | 16 | €79,266 | €74,462 | -€4,804 | -6.1% |
| Deferred taxes | 168 | €79,266 | €74,462 | -€4,804 | -6.1% |
| Amounts payable | 17/49 | €5,484 | €6,336 | +€853 | +15.5% |
| Amounts payable within one year | 42/48 | €3,384 | €6,336 | +€2,953 | +87.3% |
| Trade debts | 44 | €1,737 | €4,787 | +€3,051 | +175.7% |
| Suppliers | 440/4 | €1,737 | €4,787 | +€3,051 | +175.7% |
| Taxes, remuneration and social security | 45 | €1,647 | €1,549 | -€98 | -6.0% |
| Taxes | 450/3 | €1,647 | €1,549 | -€98 | -6.0% |
| Accrued charges and deferred income | 492/3 | €2,100 | €0 | -€2,100 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,476 | €53,061 | -€3,415 | -6.0% |
| Other operating charges | 640/8 | €2,060 | €2,164 | +€105 | +5.1% |
| Gross operating margin | 9900 | -€31,636 | -€20,294 | +€11,341 | +35.8% |
| Operating profit (loss) | 9901 | -€90,171 | -€75,520 | +€14,651 | +16.2% |
| Financial income | 75/76B | €15,855 | €6,134 | -€9,721 | -61.3% |
| Recurring financial income | 75 | €15,855 | €6,134 | -€9,721 | -61.3% |
| Financial charges | 65/66B | €2,593 | €3,144 | +€551 | +21.3% |
| Recurring financial charges | 65 | €2,593 | €3,144 | +€551 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | -€76,910 | -€72,530 | +€4,379 | +5.7% |
| Transfer from deferred taxes | 780 | €5,172 | €4,804 | -€368 | -7.1% |
| Income taxes | 67/77 | €3,451 | €224 | -€3,227 | -93.5% |
| Profit (loss) for the period | 9904 | -€75,189 | -€67,950 | +€7,239 | +9.6% |
| Transfer from tax-exempt reserves | 789 | €15,532 | €14,427 | -€1,105 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,656 | -€53,522 | +€6,134 | +10.3% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.