DALVAS-HOUSE: 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.
DALVAS-HOUSE
Largest movements
- Stocks and contracts +€14,012
new in 2025: €14,012
- Cash -€1,041
down €1,041 (-33.0%), from €3,159 to €2,118
mainly Stocks and contracts (-€14,012) and Net result for the year (-€9,063)
- Receivables within one year +€396
up €396 (+49.0%), from €808 to €1,204
- Other debts +€16,093
up €16,093 (+150.7%), from €10,679 to €26,773
- Profit (loss) carried forward -€9,063
down €9,063 (-86.2%), from -€10,517 to -€19,579
- Tax, wage and social debts +€5,824
up €5,824 (+464.8%), from €1,253 to €7,077
of which Remuneration and social security: +€4,539
- Trade debts +€512
up €512 (+994.1%), from €51 to €563
- Gross operating margin +€12,438
up €12,438, from -€2,599 to €9,839
- Staff costs +€9,169
up €9,169 (+143.5%), from €6,389 to €15,559
- Taxes +€899
up €899 (+81.3%), from €1,106 to €2,005
- Other operating charges +€828
up €828 (+213.8%), from €387 to €1,216
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 | €3,967 | €17,334 | +€13,367 | +336.9% |
| Current assets | 29/58 | €3,967 | €17,334 | +€13,367 | +336.9% |
| Stocks and contracts in progress | 3 | - | €14,012 | +€14,012 | |
| Stocks | 30/36 | - | €14,012 | +€14,012 | |
| Amounts receivable within one year | 40/41 | €808 | €1,204 | +€396 | +49.0% |
| Other amounts receivable | 41 | €808 | €1,204 | +€396 | +49.0% |
| Cash at bank and in hand | 54/58 | €3,159 | €2,118 | -€1,041 | -33.0% |
| Total equity and liabilities | 10/49 | €3,967 | €17,334 | +€13,367 | +336.9% |
| Equity | 10/15 | -€8,017 | -€17,079 | -€9,063 | -113.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,517 | -€19,579 | -€9,063 | -86.2% |
| Amounts payable | 17/49 | €11,984 | €34,413 | +€22,429 | +187.2% |
| Amounts payable within one year | 42/48 | €11,984 | €34,413 | +€22,429 | +187.2% |
| Trade debts | 44 | €51 | €563 | +€512 | +994.1% |
| Suppliers | 440/4 | €51 | €563 | +€512 | +994.1% |
| Taxes, remuneration and social security | 45 | €1,253 | €7,077 | +€5,824 | +464.8% |
| Taxes | 450/3 | - | €1,285 | +€1,285 | |
| Remuneration and social security | 454/9 | €1,253 | €5,792 | +€4,539 | +362.2% |
| Other amounts payable | 47/48 | €10,679 | €26,773 | +€16,093 | +150.7% |
| Remuneration, social security and pensions | 62 | €6,389 | €15,559 | +€9,169 | +143.5% |
| Other operating charges | 640/8 | €387 | €1,216 | +€828 | +213.8% |
| Gross operating margin | 9900 | -€2,599 | €9,839 | +€12,438 | |
| Operating profit (loss) | 9901 | -€9,376 | -€6,935 | +€2,441 | +26.0% |
| Financial charges | 65/66B | €35 | €123 | +€88 | +248.4% |
| Recurring financial charges | 65 | €35 | €123 | +€88 | +248.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,411 | -€7,058 | +€2,353 | +25.0% |
| Income taxes | 67/77 | €1,106 | €2,005 | +€899 | +81.3% |
| Profit (loss) for the period | 9904 | -€10,517 | -€9,063 | +€1,454 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,517 | -€9,063 | +€1,454 | +13.8% |
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 10 October 2026 via checked.be.