D.Y.V: 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.Y.V
Largest movements
- Tangible fixed assets -€120,661
down €120,661 (-73.0%), from €165,291 to €44,630
of which Furniture and vehicles: -€86,809
- Stocks and contracts +€110,000
up €110,000 (+214.9%), from €51,189 to €161,189
- Receivables within one year -€108,921
down €108,921 (-71.6%), from €152,036 to €43,115
of which Trade receivables: -€94,568
- Cash -€19,874
down €19,874 (-15.1%), from €131,557 to €111,684
mainly Stocks and contracts (-€110,000) and Trade debts (-€94,188)
- Trade debts -€94,188
down €94,188 (-47.9%), from €196,792 to €102,604
- Profit (loss) carried forward -€28,051
down €28,051 (-56.2%), from €49,914 to €21,863
- Tax, wage and social debts -€8,251
down €8,251 (-31.1%), from €26,510 to €18,259
of which Remuneration and social security: -€5,102
- Staff costs -€82,410
down €82,410 (-22.2%), from €371,162 to €288,751
- Gross operating margin -€77,619
down €77,619 (-21.0%), from €369,600 to €291,981
- Depreciation -€34,561
down €34,561 (-61.8%), from €55,926 to €21,365
- Other operating charges +€5,754
up €5,754 (+130.3%), from €4,417 to €10,171
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 | €514,004 | €379,097 | -€134,908 | -26.2% |
| Fixed assets | 21/28 | €165,711 | €49,909 | -€115,802 | -69.9% |
| Intangible fixed assets | 21 | - | €4,858 | +€4,858 | |
| Tangible fixed assets | 22/27 | €165,291 | €44,630 | -€120,661 | -73.0% |
| Plant, machinery and equipment | 23 | €37,151 | €3,300 | -€33,851 | -91.1% |
| Furniture and vehicles | 24 | €128,140 | €41,330 | -€86,809 | -67.7% |
| Financial fixed assets | 28 | €420 | €420 | = | 0.0% |
| Current assets | 29/58 | €348,293 | €329,188 | -€19,105 | -5.5% |
| Stocks and contracts in progress | 3 | €51,189 | €161,189 | +€110,000 | +214.9% |
| Stocks | 30/36 | €51,189 | €161,189 | +€110,000 | +214.9% |
| Amounts receivable within one year | 40/41 | €152,036 | €43,115 | -€108,921 | -71.6% |
| Trade receivables | 40 | €120,856 | €26,288 | -€94,568 | -78.2% |
| Other amounts receivable | 41 | €31,180 | €16,827 | -€14,353 | -46.0% |
| Cash at bank and in hand | 54/58 | €131,557 | €111,684 | -€19,874 | -15.1% |
| Deferred charges and accrued income | 490/1 | €13,510 | €13,200 | -€310 | -2.3% |
| Total equity and liabilities | 10/49 | €514,004 | €379,097 | -€134,908 | -26.2% |
| Equity | 10/15 | €285,745 | €257,694 | -€28,051 | -9.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €205,830 | €205,830 | = | 0.0% |
| Distributable reserves | 133 | €205,830 | €205,830 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,914 | €21,863 | -€28,051 | -56.2% |
| Amounts payable | 17/49 | €228,259 | €121,403 | -€106,857 | -46.8% |
| Amounts payable within one year | 42/48 | €223,609 | €121,032 | -€102,577 | -45.9% |
| Trade debts | 44 | €196,792 | €102,604 | -€94,188 | -47.9% |
| Suppliers | 440/4 | €196,792 | €102,604 | -€94,188 | -47.9% |
| Taxes, remuneration and social security | 45 | €26,510 | €18,259 | -€8,251 | -31.1% |
| Taxes | 450/3 | €3,621 | €472 | -€3,149 | -87.0% |
| Remuneration and social security | 454/9 | €22,890 | €17,787 | -€5,102 | -22.3% |
| Other amounts payable | 47/48 | €307 | €168 | -€138 | -45.0% |
| Accrued charges and deferred income | 492/3 | €4,650 | €371 | -€4,279 | -92.0% |
| Remuneration, social security and pensions | 62 | €371,162 | €288,751 | -€82,410 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,926 | €21,365 | -€34,561 | -61.8% |
| Other operating charges | 640/8 | €4,417 | €10,171 | +€5,754 | +130.3% |
| Gross operating margin | 9900 | €369,600 | €291,981 | -€77,619 | -21.0% |
| Operating profit (loss) | 9901 | -€61,904 | -€28,305 | +€33,598 | +54.3% |
| Financial income | 75/76B | €3,444 | €1,149 | -€2,295 | -66.6% |
| Recurring financial income | 75 | €3,444 | €1,149 | -€2,295 | -66.6% |
| Financial charges | 65/66B | €732 | €641 | -€91 | -12.4% |
| Recurring financial charges | 65 | €732 | €641 | -€91 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | -€59,191 | -€27,797 | +€31,395 | +53.0% |
| Income taxes | 67/77 | €218 | €254 | +€36 | +16.6% |
| Profit (loss) for the period | 9904 | -€59,409 | -€28,051 | +€31,358 | +52.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,409 | -€28,051 | +€31,358 | +52.8% |
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 9 October 2026 via checked.be.