Dc Valley: 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.
Dc Valley
Largest movements
- Receivables within one year -€52,485
down €52,485 (-47.2%), from €111,224 to €58,739
of which Other amounts receivable: -€41,095
- Financial fixed assets +€50,000
new in 2025: €50,000
- Cash +€34,045
up €34,045 (+37.9%), from €89,778 to €123,823
mainly Net result for the year (+€80,122) and Receivables within one year (+€52,485)
- Tangible fixed assets -€16,218
down €16,218 (-26.4%), from €61,347 to €45,128
- Reserves +€30,000
up €30,000 (+15.2%), from €197,500 to €227,500
- Debts after one year -€16,722
down €16,722 (-100.0%), from €16,722 to €0
- Gross operating margin +€18,537
up €18,537 (+17.8%), from €104,155 to €122,691
- Taxes +€4,769
up €4,769 (+27.0%), from €17,652 to €22,421
- Financial income +€1,314
up €1,314 (+228.5%), from €575 to €1,889
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 | €262,349 | €277,691 | +€15,342 | +5.8% |
| Fixed assets | 21/28 | €61,347 | €95,128 | +€33,782 | +55.1% |
| Tangible fixed assets | 22/27 | €61,347 | €45,128 | -€16,218 | -26.4% |
| Furniture and vehicles | 24 | €61,347 | €45,128 | -€16,218 | -26.4% |
| Financial fixed assets | 28 | - | €50,000 | +€50,000 | |
| Current assets | 29/58 | €201,002 | €182,563 | -€18,440 | -9.2% |
| Amounts receivable within one year | 40/41 | €111,224 | €58,739 | -€52,485 | -47.2% |
| Trade receivables | 40 | €36,395 | €25,005 | -€11,390 | -31.3% |
| Other amounts receivable | 41 | €74,829 | €33,734 | -€41,095 | -54.9% |
| Cash at bank and in hand | 54/58 | €89,778 | €123,823 | +€34,045 | +37.9% |
| Total equity and liabilities | 10/49 | €262,349 | €277,691 | +€15,342 | +5.8% |
| Equity | 10/15 | €202,775 | €232,897 | +€30,122 | +14.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €197,500 | €227,500 | +€30,000 | +15.2% |
| Distributable reserves | 133 | €197,500 | €227,500 | +€30,000 | +15.2% |
| Profit (loss) carried forward | 14 | €275 | €397 | +€122 | +44.5% |
| Amounts payable | 17/49 | €59,574 | €44,793 | -€14,780 | -24.8% |
| Amounts payable after more than one year | 17 | €16,722 | €0 | -€16,722 | -100.0% |
| Financial debts | 170/4 | €16,722 | €0 | -€16,722 | -100.0% |
| Amounts payable within one year | 42/48 | €42,852 | €44,793 | +€1,942 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €19,479 | €16,722 | -€2,757 | -14.2% |
| Trade debts | 44 | €2,419 | €4,910 | +€2,491 | +103.0% |
| Suppliers | 440/4 | €2,419 | €4,910 | +€2,491 | +103.0% |
| Taxes, remuneration and social security | 45 | €20,954 | €23,162 | +€2,207 | +10.5% |
| Taxes | 450/3 | €16,909 | €19,117 | +€2,207 | +13.1% |
| Remuneration and social security | 454/9 | €4,045 | €4,045 | = | 0.0% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,224 | €19,395 | -€829 | -4.1% |
| Other operating charges | 640/8 | €2,522 | €1,482 | -€1,040 | -41.3% |
| Gross operating margin | 9900 | €104,155 | €122,691 | +€18,537 | +17.8% |
| Operating profit (loss) | 9901 | €81,408 | €101,814 | +€20,406 | +25.1% |
| Financial income | 75/76B | €575 | €1,889 | +€1,314 | +228.5% |
| Recurring financial income | 75 | €575 | €1,889 | +€1,314 | +228.5% |
| Financial charges | 65/66B | €1,390 | €1,160 | -€230 | -16.6% |
| Recurring financial charges | 65 | €1,390 | €1,160 | -€230 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €80,593 | €102,543 | +€21,950 | +27.2% |
| Income taxes | 67/77 | €17,652 | €22,421 | +€4,769 | +27.0% |
| Profit (loss) for the period | 9904 | €62,941 | €80,122 | +€17,181 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €62,941 | €80,122 | +€17,181 | +27.3% |
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.