DBV Holding: 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.
DBV Holding
Largest movements
- Receivables within one year -€23,251
down €23,251 (-45.2%), from €51,426 to €28,175
of which Trade receivables: -€23,788
- Cash +€12,944
up €12,944 (+120%), from €10,783 to €23,728
mainly Net result for the year (+€45,850) and Receivables within one year (+€23,251)
- Reserves +€45,850
up €45,850 (+61.5%), from €74,591 to €120,441
- Debts after one year -€42,016
down €42,016 (-36.1%), from €116,353 to €74,337
- Tax, wage and social debts -€24,163
down €24,163 (-44.9%), from €53,791 to €29,628
- Trade debts +€8,122
up €8,122 (+94.2%), from €8,624 to €16,746
- Short-term financial debts +€5,250
new in 2025: €5,250
- Gross operating margin +€13,918
up €13,918 (+23.7%), from €58,639 to €72,557
- Other operating charges -€3,757
down €3,757 (-30.8%), from €12,203 to €8,445
- Taxes +€3,513
up €3,513 (+35.3%), from €9,945 to €13,458
- Financial charges -€2,342
down €2,342 (-32.8%), from €7,145 to €4,803
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 | €312,209 | €301,903 | -€10,307 | -3.3% |
| Fixed assets | 21/28 | €250,000 | €250,000 | = | 0.0% |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €62,209 | €51,903 | -€10,307 | -16.6% |
| Amounts receivable within one year | 40/41 | €51,426 | €28,175 | -€23,251 | -45.2% |
| Trade receivables | 40 | €46,788 | €23,000 | -€23,788 | -50.8% |
| Other amounts receivable | 41 | €4,638 | €5,175 | +€537 | +11.6% |
| Cash at bank and in hand | 54/58 | €10,783 | €23,728 | +€12,944 | +120% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €312,209 | €301,903 | -€10,307 | -3.3% |
| Equity | 10/15 | €80,591 | €126,441 | +€45,850 | +56.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €74,591 | €120,441 | +€45,850 | +61.5% |
| Distributable reserves | 133 | €74,591 | €120,441 | +€45,850 | +61.5% |
| Amounts payable | 17/49 | €231,618 | €175,462 | -€56,157 | -24.2% |
| Amounts payable after more than one year | 17 | €116,353 | €74,337 | -€42,016 | -36.1% |
| Financial debts | 170/4 | €116,353 | €74,337 | -€42,016 | -36.1% |
| Amounts payable within one year | 42/48 | €115,265 | €101,124 | -€14,141 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €35,062 | €35,338 | +€276 | +0.8% |
| Financial debts | 43 | - | €5,250 | +€5,250 | |
| Credit institutions | 430/8 | - | €5,250 | +€5,250 | |
| Trade debts | 44 | €8,624 | €16,746 | +€8,122 | +94.2% |
| Suppliers | 440/4 | €8,624 | €16,746 | +€8,122 | +94.2% |
| Taxes, remuneration and social security | 45 | €53,791 | €29,628 | -€24,163 | -44.9% |
| Taxes | 450/3 | €53,791 | €29,628 | -€24,163 | -44.9% |
| Other amounts payable | 47/48 | €17,788 | €14,161 | -€3,626 | -20.4% |
| Other operating charges | 640/8 | €12,203 | €8,445 | -€3,757 | -30.8% |
| Gross operating margin | 9900 | €58,639 | €72,557 | +€13,918 | +23.7% |
| Operating profit (loss) | 9901 | €46,436 | €64,111 | +€17,675 | +38.1% |
| Financial income | 75/76B | €99 | €0 | -€99 | -100% |
| Recurring financial income | 75 | €99 | €0 | -€99 | -100% |
| Financial charges | 65/66B | €7,145 | €4,803 | -€2,342 | -32.8% |
| Recurring financial charges | 65 | €7,145 | €4,803 | -€2,342 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €39,390 | €59,308 | +€19,918 | +50.6% |
| Income taxes | 67/77 | €9,945 | €13,458 | +€3,513 | +35.3% |
| Profit (loss) for the period | 9904 | €29,445 | €45,850 | +€16,405 | +55.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,445 | €45,850 | +€16,405 | +55.7% |
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 23 October 2026 via checked.be.