DESVOVEILINGEN: 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.
DESVOVEILINGEN
Largest movements
- Receivables within one year -€48,105
down €48,105 (-95.3%), from €50,502 to €2,397
of which Other amounts receivable: -€48,373
- Intangible fixed assets +€25,731
new in 2025: €25,731
- Tangible fixed assets -€22,234
down €22,234 (-59.1%), from €37,603 to €15,369
of which Furniture and vehicles: -€19,115
- Cash +€4,686
up €4,686 (+45.1%), from €10,396 to €15,081
- Deferred charges and accrued income +€3,198
new in 2025: €3,198
- Current portion of long-term debt -€31,456
down €31,456 (-92.4%), from €34,045 to €2,588
- Profit (loss) carried forward +€13,423
up €13,423 (+32.2%), from -€41,745 to -€28,322
- Trade debts -€11,066
down €11,066 (-58.2%), from €19,003 to €7,937
- Debts after one year -€10,328
down €10,328 (-100%), from €10,328 to €0
- Tax, wage and social debts +€2,568
new in 2025: €2,568
- Gross operating margin +€73,416
up €73,416, from -€24,798 to €48,618
- Depreciation +€14,929
up €14,929 (+113%), from €13,190 to €28,119
- Other operating charges +€2,786
up €2,786 (+107%), from €2,594 to €5,380
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,501 | €61,776 | -€36,725 | -37.3% |
| Fixed assets | 21/28 | €37,603 | €41,099 | +€3,497 | +9.3% |
| Intangible fixed assets | 21 | - | €25,731 | +€25,731 | |
| Tangible fixed assets | 22/27 | €37,603 | €15,369 | -€22,234 | -59.1% |
| Plant, machinery and equipment | 23 | €4,128 | €1,010 | -€3,119 | -75.5% |
| Furniture and vehicles | 24 | €33,474 | €14,359 | -€19,115 | -57.1% |
| Current assets | 29/58 | €60,898 | €20,676 | -€40,222 | -66.0% |
| Amounts receivable within one year | 40/41 | €50,502 | €2,397 | -€48,105 | -95.3% |
| Trade receivables | 40 | - | €268 | +€268 | |
| Other amounts receivable | 41 | €50,502 | €2,130 | -€48,373 | -95.8% |
| Cash at bank and in hand | 54/58 | €10,396 | €15,081 | +€4,686 | +45.1% |
| Deferred charges and accrued income | 490/1 | - | €3,198 | +€3,198 | |
| Total equity and liabilities | 10/49 | €98,501 | €61,776 | -€36,725 | -37.3% |
| Equity | 10/15 | €35,125 | €48,548 | +€13,423 | +38.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €75,870 | €75,870 | = | 0.0% |
| Distributable reserves | 133 | €75,870 | €75,870 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,745 | -€28,322 | +€13,423 | +32.2% |
| Amounts payable | 17/49 | €63,376 | €13,227 | -€50,148 | -79.1% |
| Amounts payable after more than one year | 17 | €10,328 | €0 | -€10,328 | -100% |
| Financial debts | 170/4 | €10,328 | €0 | -€10,328 | -100% |
| Amounts payable within one year | 42/48 | €53,047 | €13,093 | -€39,954 | -75.3% |
| Current portion of amounts payable after more than one year | 42 | €34,045 | €2,588 | -€31,456 | -92.4% |
| Trade debts | 44 | €19,003 | €7,937 | -€11,066 | -58.2% |
| Suppliers | 440/4 | €19,003 | €7,937 | -€11,066 | -58.2% |
| Taxes, remuneration and social security | 45 | - | €2,568 | +€2,568 | |
| Taxes | 450/3 | - | €2,568 | +€2,568 | |
| Accrued charges and deferred income | 492/3 | - | €134 | +€134 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,190 | €28,119 | +€14,929 | +113% |
| Other operating charges | 640/8 | €2,594 | €5,380 | +€2,786 | +107% |
| Gross operating margin | 9900 | -€24,798 | €48,618 | +€73,416 | |
| Operating profit (loss) | 9901 | -€40,582 | €15,120 | +€55,701 | |
| Financial income | 75/76B | €206 | €3 | -€202 | -98.4% |
| Recurring financial income | 75 | €206 | €3 | -€202 | -98.4% |
| Financial charges | 65/66B | €1,369 | €1,507 | +€138 | +10.1% |
| Recurring financial charges | 65 | €1,369 | €1,507 | +€138 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | -€41,745 | €13,616 | +€55,361 | |
| Income taxes | 67/77 | - | €192 | +€192 | |
| Profit (loss) for the period | 9904 | -€41,745 | €13,423 | +€55,169 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,745 | €13,423 | +€55,169 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.