DBLVP: what changed
Two fiscal 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.
DBLVP
Largest movements
- Tangible fixed assets -€13,460
down €13,460 (-57.7%), from €23,313 to €9,853
- Cash -€10,080
down €10,080 (-19.1%), from €52,836 to €42,756
mainly Contributions, distributions and other (-€65,977) and Debts after one year (-€4,608)
- Reserves -€38,370
down €38,370 (-67.0%), from €57,282 to €18,911
- Other debts +€22,186
up €22,186 (+629.4%), from €3,525 to €25,711
- Debts after one year -€4,608
no longer reported in 2025 (was €4,608)
- Current portion of long-term debt -€3,090
down €3,090 (-40.1%), from €7,698 to €4,608
- Gross operating margin +€4,979
up €4,979 (+10.6%), from €46,893 to €51,872
- Taxes +€1,028
up €1,028 (+11.7%), from €8,782 to €9,809
- Financial income -€580
down €580 (-93.5%), from €620 to €40
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 | €85,738 | €62,537 | -€23,202 | -27.1% |
| Fixed assets | 21/28 | €23,313 | €9,853 | -€13,460 | -57.7% |
| Tangible fixed assets | 22/27 | €23,313 | €9,853 | -€13,460 | -57.7% |
| Furniture and vehicles | 24 | €23,313 | €9,853 | -€13,460 | -57.7% |
| Current assets | 29/58 | €62,426 | €52,684 | -€9,742 | -15.6% |
| Amounts receivable within one year | 40/41 | €565 | €1,203 | +€638 | +112.8% |
| Trade receivables | 40 | €565 | - | -€565 | |
| Other amounts receivable | 41 | - | €1,203 | +€1,203 | |
| Cash at bank and in hand | 54/58 | €52,836 | €42,756 | -€10,080 | -19.1% |
| Deferred charges and accrued income | 490/1 | €9,024 | €8,725 | -€299 | -3.3% |
| Total equity and liabilities | 10/49 | €85,738 | €62,537 | -€23,202 | -27.1% |
| Equity | 10/15 | €59,782 | €21,411 | -€38,370 | -64.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €57,282 | €18,911 | -€38,370 | -67.0% |
| Distributable reserves | 133 | €57,282 | €18,911 | -€38,370 | -67.0% |
| Amounts payable | 17/49 | €25,957 | €41,125 | +€15,168 | +58.4% |
| Amounts payable after more than one year | 17 | €4,608 | - | -€4,608 | |
| Financial debts | 170/4 | €4,608 | - | -€4,608 | |
| Amounts payable within one year | 42/48 | €21,349 | €41,125 | +€19,777 | +92.6% |
| Current portion of amounts payable after more than one year | 42 | €7,698 | €4,608 | -€3,090 | -40.1% |
| Trade debts | 44 | €158 | €620 | +€461 | +291.4% |
| Suppliers | 440/4 | €158 | €620 | +€461 | +291.4% |
| Taxes, remuneration and social security | 45 | €9,967 | €10,187 | +€219 | +2.2% |
| Taxes | 450/3 | €8,767 | €8,987 | +€219 | +2.5% |
| Remuneration and social security | 454/9 | €1,200 | €1,200 | = | 0.0% |
| Other amounts payable | 47/48 | €3,525 | €25,711 | +€22,186 | +629.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,159 | €13,460 | +€301 | +2.3% |
| Other operating charges | 640/8 | €213 | €563 | +€350 | +163.9% |
| Gross operating margin | 9900 | €46,893 | €51,872 | +€4,979 | +10.6% |
| Operating profit (loss) | 9901 | €33,521 | €37,849 | +€4,327 | +12.9% |
| Financial income | 75/76B | €620 | €40 | -€580 | -93.5% |
| Recurring financial income | 75 | €620 | €40 | -€580 | -93.5% |
| Financial charges | 65/66B | €705 | €473 | -€232 | -32.9% |
| Recurring financial charges | 65 | €705 | €473 | -€232 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | €33,436 | €37,416 | +€3,980 | +11.9% |
| Income taxes | 67/77 | €8,782 | €9,809 | +€1,028 | +11.7% |
| Profit (loss) for the period | 9904 | €24,655 | €27,607 | +€2,952 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,655 | €27,607 | +€2,952 | +12.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.