DDVA: 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.
DDVA
Largest movements
- Tangible fixed assets -€14,170
down €14,170 (-39.0%), from €36,298 to €22,128
of which Plant, machinery and equipment: -€7,567
- Cash -€10,976
down €10,976 (-74.3%), from €14,779 to €3,803
mainly Net result for the year (-€31,539) and Trade debts (-€26,198)
- Intangible fixed assets -€4,656
down €4,656 (-25.4%), from €18,312 to €13,656
- Receivables within one year -€4,231
down €4,231 (-19.7%), from €21,450 to €17,219
of which Other amounts receivable: -€6,963
- Stocks and contracts +€3,768
up €3,768 (+26.9%), from €13,983 to €17,751
- Profit (loss) carried forward -€31,539
down €31,539 (-62.5%), from -€50,502 to -€82,041
- Tax, wage and social debts +€27,181
up €27,181 (+67.4%), from €40,301 to €67,482
of which Taxes: +€15,117
- Trade debts -€26,198
down €26,198 (-84.4%), from €31,058 to €4,860
- Other debts +€18,661
new in 2025: €18,661
- Debts after one year -€14,134
down €14,134 (-39.8%), from €35,549 to €21,415
- Turnover -€14,490
down €14,490 (-4.4%), from €330,925 to €316,435
- Purchases and services -€12,389
down €12,389 (-5.5%), from €226,860 to €214,471
- Staff costs -€7,813
down €7,813 (-7.9%), from €98,877 to €91,064
- Other operating charges +€6,311
up €6,311 (+153.5%), from €4,111 to €10,422
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 | €106,872 | €76,607 | -€30,265 | -28.3% |
| Fixed assets | 21/28 | €56,660 | €37,834 | -€18,826 | -33.2% |
| Intangible fixed assets | 21 | €18,312 | €13,656 | -€4,656 | -25.4% |
| Tangible fixed assets | 22/27 | €36,298 | €22,128 | -€14,170 | -39.0% |
| Plant, machinery and equipment | 23 | €17,674 | €10,107 | -€7,567 | -42.8% |
| Furniture and vehicles | 24 | €18,624 | €12,021 | -€6,603 | -35.5% |
| Financial fixed assets | 28 | €2,050 | €2,050 | = | 0.0% |
| Current assets | 29/58 | €50,212 | €38,773 | -€11,439 | -22.8% |
| Stocks and contracts in progress | 3 | €13,983 | €17,751 | +€3,768 | +26.9% |
| Stocks | 30/36 | €13,983 | €17,751 | +€3,768 | +26.9% |
| Amounts receivable within one year | 40/41 | €21,450 | €17,219 | -€4,231 | -19.7% |
| Trade receivables | 40 | €14,487 | €17,219 | +€2,732 | +18.9% |
| Other amounts receivable | 41 | €6,963 | - | -€6,963 | |
| Cash at bank and in hand | 54/58 | €14,779 | €3,803 | -€10,976 | -74.3% |
| Total equity and liabilities | 10/49 | €106,872 | €76,607 | -€30,265 | -28.3% |
| Equity | 10/15 | -€18,406 | -€49,945 | -€31,539 | -171.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €25,896 | €25,896 | = | 0.0% |
| Distributable reserves | 133 | €25,896 | €25,896 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,502 | -€82,041 | -€31,539 | -62.5% |
| Amounts payable | 17/49 | €125,278 | €126,552 | +€1,274 | +1.0% |
| Amounts payable after more than one year | 17 | €35,549 | €21,415 | -€14,134 | -39.8% |
| Financial debts | 170/4 | €35,549 | €21,415 | -€14,134 | -39.8% |
| Amounts payable within one year | 42/48 | €89,729 | €105,137 | +€15,408 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €18,370 | €14,134 | -€4,236 | -23.1% |
| Trade debts | 44 | €31,058 | €4,860 | -€26,198 | -84.4% |
| Suppliers | 440/4 | €31,058 | €4,860 | -€26,198 | -84.4% |
| Taxes, remuneration and social security | 45 | €40,301 | €67,482 | +€27,181 | +67.4% |
| Taxes | 450/3 | €12,104 | €27,221 | +€15,117 | +124.9% |
| Remuneration and social security | 454/9 | €28,197 | €40,261 | +€12,064 | +42.8% |
| Other amounts payable | 47/48 | - | €18,661 | +€18,661 | |
| Turnover | 70 | €330,925 | €316,435 | -€14,490 | -4.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €226,860 | €214,471 | -€12,389 | -5.5% |
| Remuneration, social security and pensions | 62 | €98,877 | €91,064 | -€7,813 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,358 | €18,826 | -€1,532 | -7.5% |
| Other operating charges | 640/8 | €4,111 | €10,422 | +€6,311 | +153.5% |
| Gross operating margin | 9900 | €104,065 | €101,964 | -€2,101 | -2.0% |
| Operating profit (loss) | 9901 | -€19,281 | -€18,348 | +€933 | +4.8% |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €15,196 | €13,200 | -€1,996 | -13.1% |
| Recurring financial charges | 65 | €15,196 | €13,200 | -€1,996 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | -€34,477 | -€31,535 | +€2,942 | +8.5% |
| Income taxes | 67/77 | - | €4 | +€4 | |
| Profit (loss) for the period | 9904 | -€34,477 | -€31,539 | +€2,938 | +8.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,477 | -€31,539 | +€2,938 | +8.5% |
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 29 September 2026 via checked.be.