DCV MANAGEMENT: 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.
DCV MANAGEMENT
Largest movements
- Cash -€43,257
down €43,257 (-84.6%), from €51,153 to €7,896
mainly Receivables within one year (-€32,100) and Net result for the year (-€11,196)
- Receivables within one year +€32,100
up €32,100 (+40.6%), from €79,067 to €111,168
- Profit (loss) carried forward -€11,196
down €11,196 (-21.8%), from -€51,314 to -€62,510
- Purchases and services +€10,173
new in 2025: €10,173
- Gross operating margin -€2,781
down €2,781 (-37.6%), from -€7,392 to -€10,173
- Taxes +€1,869
no longer reported in 2025 (was -€1,869)
- Other operating charges +€334
up €334 (+49.8%), from €671 to €1,005
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 | €355,220 | €344,064 | -€11,156 | -3.1% |
| Fixed assets | 21/28 | €225,000 | €225,000 | = | 0.0% |
| Financial fixed assets | 28 | €225,000 | €225,000 | = | 0.0% |
| Current assets | 29/58 | €130,220 | €119,064 | -€11,156 | -8.6% |
| Amounts receivable within one year | 40/41 | €79,067 | €111,168 | +€32,100 | +40.6% |
| Other amounts receivable | 41 | €79,067 | €111,168 | +€32,100 | +40.6% |
| Cash at bank and in hand | 54/58 | €51,153 | €7,896 | -€43,257 | -84.6% |
| Total equity and liabilities | 10/49 | €355,220 | €344,064 | -€11,156 | -3.1% |
| Equity | 10/15 | €351,242 | €340,046 | -€11,196 | -3.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €396,356 | €396,356 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €394,496 | €394,496 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,314 | -€62,510 | -€11,196 | -21.8% |
| Amounts payable | 17/49 | €3,978 | €4,018 | +€40 | +1.0% |
| Amounts payable within one year | 42/48 | €3,978 | €4,018 | +€40 | +1.0% |
| Trade debts | 44 | €127 | €74 | -€53 | -41.5% |
| Suppliers | 440/4 | €127 | €74 | -€53 | -41.5% |
| Taxes, remuneration and social security | 45 | €3,851 | €3,943 | +€93 | +2.4% |
| Taxes | 450/3 | €3,851 | €3,943 | +€93 | +2.4% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €10,173 | +€10,173 | |
| Other operating charges | 640/8 | €671 | €1,005 | +€334 | +49.8% |
| Non-recurring operating charges | 66A | €225,000 | - | -€225,000 | |
| Gross operating margin | 9900 | -€7,392 | -€10,173 | -€2,781 | -37.6% |
| Operating profit (loss) | 9901 | -€233,063 | -€11,178 | +€221,885 | +95.2% |
| Financial income | 75/76B | €214 | €126 | -€88 | -41.0% |
| Recurring financial income | 75 | €214 | €126 | -€88 | -41.0% |
| Financial charges | 65/66B | €117 | €144 | +€27 | +22.9% |
| Recurring financial charges | 65 | €117 | €144 | +€27 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | -€232,966 | -€11,196 | +€221,770 | +95.2% |
| Income taxes | 67/77 | -€1,869 | - | +€1,869 | |
| Profit (loss) for the period | 9904 | -€231,097 | -€11,196 | +€219,901 | +95.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€231,097 | -€11,196 | +€219,901 | +95.2% |
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 5 October 2026 via checked.be.