D.V.T: 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.T
Largest movements
- Receivables within one year +€10,000
new in 2025: €10,000
- Tangible fixed assets +€3,273
new in 2025: €3,273
- Cash +€1,007
up €1,007 (+495%), from €203 to €1,210
mainly Net result for the year (+€21,617) and Trade debts (+€5,525)
- Profit (loss) carried forward +€21,617
up €21,617 (+19.4%), from -€111,353 to -€89,736
- Debts after one year -€15,317
down €15,317 (-36.9%), from €41,485 to €26,167
- Trade debts +€5,525
up €5,525 (+1,741%), from €317 to €5,843
- Other debts +€2,175
up €2,175 (+2.9%), from €74,335 to €76,510
- Gross operating margin +€24,599
up €24,599, from -€571 to €24,029
- Other operating charges +€1,134
new in 2025: €1,134
- Financial charges -€552
down €552 (-34.5%), from €1,602 to €1,050
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 | €24,153 | €38,433 | +€14,280 | +59.1% |
| Fixed assets | 21/28 | €23,950 | €27,223 | +€3,273 | +13.7% |
| Tangible fixed assets | 22/27 | - | €3,273 | +€3,273 | |
| Furniture and vehicles | 24 | - | €3,273 | +€3,273 | |
| Financial fixed assets | 28 | €23,950 | €23,950 | = | 0.0% |
| Current assets | 29/58 | €203 | €11,210 | +€11,007 | +5,409% |
| Amounts receivable within one year | 40/41 | - | €10,000 | +€10,000 | |
| Other amounts receivable | 41 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €203 | €1,210 | +€1,007 | +495% |
| Total equity and liabilities | 10/49 | €24,153 | €38,433 | +€14,280 | +59.1% |
| Equity | 10/15 | -€108,353 | -€86,736 | +€21,617 | +20.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,353 | -€89,736 | +€21,617 | +19.4% |
| Amounts payable | 17/49 | €132,507 | €125,169 | -€7,338 | -5.5% |
| Amounts payable after more than one year | 17 | €41,485 | €26,167 | -€15,317 | -36.9% |
| Financial debts | 170/4 | €41,485 | €26,167 | -€15,317 | -36.9% |
| Amounts payable within one year | 42/48 | €89,690 | €97,670 | +€7,981 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €15,037 | €15,317 | +€281 | +1.9% |
| Trade debts | 44 | €317 | €5,843 | +€5,525 | +1,741% |
| Suppliers | 440/4 | €317 | €5,843 | +€5,525 | +1,741% |
| Other amounts payable | 47/48 | €74,335 | €76,510 | +€2,175 | +2.9% |
| Accrued charges and deferred income | 492/3 | €1,333 | €1,332 | -€1 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €227 | +€227 | |
| Other operating charges | 640/8 | - | €1,134 | +€1,134 | |
| Gross operating margin | 9900 | -€571 | €24,029 | +€24,599 | |
| Operating profit (loss) | 9901 | -€571 | €22,667 | +€23,238 | |
| Financial charges | 65/66B | €1,602 | €1,050 | -€552 | -34.5% |
| Recurring financial charges | 65 | €1,602 | €1,050 | -€552 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,173 | €21,617 | +€23,790 | |
| Profit (loss) for the period | 9904 | -€2,173 | €21,617 | +€23,790 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,173 | €21,617 | +€23,790 |
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.