DERVAL AVOCATS: what changed
DERVAL AVOCATS
Largest movements
- Receivables within one year +€82,100
up €82,100 (+3,726%), from €2,204 to €84,304
of which Trade receivables: +€82,100
- Financial fixed assets +€54,000
new in 2025: €54,000
- Intangible fixed assets -€18,675
down €18,675 (-16.9%), from €110,568 to €91,892
- Cash -€18,358
down €18,358 (-83.5%), from €21,972 to €3,614
mainly Receivables within one year (-€82,100) and Contributions, distributions and other (-€67,167)
- Other debts +€92,374
up €92,374 (+292%), from €31,636 to €124,011
- Tax, wage and social debts +€22,715
up €22,715 (+442%), from €5,134 to €27,849
of which Taxes: +€21,656
- Debts after one year -€16,473
down €16,473 (-19.6%), from €83,995 to €67,522
- Gross operating margin +€58,924
up €58,924 (+116%), from €50,861 to €109,785
- Taxes +€14,390
up €14,390 (+212%), from €6,792 to €21,182
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €144,726 | €242,678 | +€97,952 | +67.7% |
| Fixed assets | 21/28 | €120,550 | €154,760 | +€34,210 | +28.4% |
| Intangible fixed assets | 21 | €110,568 | €91,892 | -€18,675 | -16.9% |
| Tangible fixed assets | 22/27 | €9,982 | €8,867 | -€1,115 | -11.2% |
| Furniture and vehicles | 24 | €9,982 | €8,867 | -€1,115 | -11.2% |
| Financial fixed assets | 28 | - | €54,000 | +€54,000 | |
| Current assets | 29/58 | €24,176 | €87,918 | +€63,742 | +264% |
| Amounts receivable within one year | 40/41 | €2,204 | €84,304 | +€82,100 | +3,726% |
| Trade receivables | 40 | - | €82,100 | +€82,100 | |
| Other amounts receivable | 41 | €2,204 | €2,204 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,972 | €3,614 | -€18,358 | -83.5% |
| Total equity and liabilities | 10/49 | €144,726 | €242,678 | +€97,952 | +67.7% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €139,726 | €237,678 | +€97,952 | +70.1% |
| Amounts payable after more than one year | 17 | €83,995 | €67,522 | -€16,473 | -19.6% |
| Financial debts | 170/4 | €83,995 | €67,522 | -€16,473 | -19.6% |
| Amounts payable within one year | 42/48 | €55,731 | €170,156 | +€114,425 | +205% |
| Current portion of amounts payable after more than one year | 42 | €17,678 | €17,851 | +€173 | +1.0% |
| Trade debts | 44 | €1,282 | €445 | -€837 | -65.3% |
| Suppliers | 440/4 | €1,282 | €445 | -€837 | -65.3% |
| Taxes, remuneration and social security | 45 | €5,134 | €27,849 | +€22,715 | +442% |
| Taxes | 450/3 | - | €21,656 | +€21,656 | |
| Remuneration and social security | 454/9 | €5,134 | €6,193 | +€1,059 | +20.6% |
| Other amounts payable | 47/48 | €31,636 | €124,011 | +€92,374 | +292% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,145 | €19,790 | -€355 | -1.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €50,861 | €109,785 | +€58,924 | +116% |
| Operating profit (loss) | 9901 | €30,329 | €89,595 | +€59,267 | +195% |
| Financial charges | 65/66B | €1,394 | €1,247 | -€147 | -10.6% |
| Recurring financial charges | 65 | €1,394 | €1,247 | -€147 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €28,935 | €88,348 | +€59,414 | +205% |
| Income taxes | 67/77 | €6,792 | €21,182 | +€14,390 | +212% |
| Profit (loss) for the period | 9904 | €22,143 | €67,167 | +€45,024 | +203% |
| Profit (loss) for the period to be appropriated | 9905 | €22,143 | €67,167 | +€45,024 | +203% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.