DETVAN: 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.
DETVAN
Largest movements
- Tangible fixed assets +€710,232
up €710,232 (+43.1%), from €1.6m to €2.4m
of which Furniture and vehicles: +€577,927
- Cash -€144,579
down €144,579 (-20.3%), from €710,565 to €565,985
mainly Investment in fixed assets (net) (-€983,983) and Trade debts (-€346,677)
- Receivables within one year +€83,126
up €83,126 (+63.5%), from €130,854 to €213,979
of which Trade receivables: +€48,761
- Deferred charges and accrued income -€56,779
down €56,779 (-16.5%), from €344,602 to €287,823
- Reserves +€852,322
up €852,322 (+142%), from €600,236 to €1.5m
of which Distributable reserves: +€750,484
- Trade debts -€346,677
down €346,677 (-56.4%), from €614,667 to €267,990
- Current portion of long-term debt +€83,859
up €83,859 (+65.2%), from €128,665 to €212,524
- Tax, wage and social debts -€82,781
down €82,781 (-92.4%), from €89,561 to €6,780
of which Taxes: -€82,382
- Gross operating margin +€920,123
up €920,123 (+125%), from €737,430 to €1.7m
- Taxes +€218,477
up €218,477 (+190%), from €114,788 to €333,265
- Depreciation +€66,777
up €66,777 (+32.3%), from €206,975 to €273,752
- Staff costs +€53,546
up €53,546 (+112%), from €47,937 to €101,483
- Other operating charges -€46,035
down €46,035 (-87.2%), from €52,786 to €6,751
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
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 | €3,157,398 | €3,719,355 | +€561,957 | +17.8% |
| Fixed assets | 21/28 | €1,648,314 | €2,358,546 | +€710,232 | +43.1% |
| Tangible fixed assets | 22/27 | €1,647,899 | €2,358,131 | +€710,232 | +43.1% |
| Land and buildings | 22 | €1,002,339 | €1,001,184 | -€1,155 | -0.1% |
| Plant, machinery and equipment | 23 | €118,294 | €251,753 | +€133,459 | +113% |
| Furniture and vehicles | 24 | €527,266 | €1,105,193 | +€577,927 | +110% |
| Financial fixed assets | 28 | €415 | €415 | = | 0.0% |
| Current assets | 29/58 | €1,509,084 | €1,360,810 | -€148,275 | -9.8% |
| Stocks and contracts in progress | 3 | €323,064 | €293,022 | -€30,043 | -9.3% |
| Stocks | 30/36 | €323,064 | €293,022 | -€30,043 | -9.3% |
| Amounts receivable within one year | 40/41 | €130,854 | €213,979 | +€83,126 | +63.5% |
| Trade receivables | 40 | €124,836 | €173,597 | +€48,761 | +39.1% |
| Other amounts receivable | 41 | €6,018 | €40,382 | +€34,364 | +571% |
| Cash at bank and in hand | 54/58 | €710,565 | €565,985 | -€144,579 | -20.3% |
| Deferred charges and accrued income | 490/1 | €344,602 | €287,823 | -€56,779 | -16.5% |
| Total equity and liabilities | 10/49 | €3,157,398 | €3,719,355 | +€561,957 | +17.8% |
| Equity | 10/15 | €618,836 | €1,471,158 | +€852,322 | +138% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €600,236 | €1,452,558 | +€852,322 | +142% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €101,838 | +€101,838 | |
| Distributable reserves | 133 | €598,376 | €1,348,860 | +€750,484 | +125% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €33,946 | +€33,946 | |
| Deferred taxes | 168 | - | €33,946 | +€33,946 | |
| Amounts payable | 17/49 | €2,538,562 | €2,214,251 | -€324,311 | -12.8% |
| Amounts payable after more than one year | 17 | €1,279,382 | €1,269,403 | -€9,979 | -0.8% |
| Financial debts | 170/4 | €1,279,382 | €1,269,403 | -€9,979 | -0.8% |
| Amounts payable within one year | 42/48 | €1,259,180 | €941,209 | -€317,971 | -25.3% |
| Current portion of amounts payable after more than one year | 42 | €128,665 | €212,524 | +€83,859 | +65.2% |
| Trade debts | 44 | €614,667 | €267,990 | -€346,677 | -56.4% |
| Suppliers | 440/4 | €614,667 | €267,990 | -€346,677 | -56.4% |
| Taxes, remuneration and social security | 45 | €89,561 | €6,780 | -€82,781 | -92.4% |
| Taxes | 450/3 | €89,162 | €6,780 | -€82,382 | -92.4% |
| Remuneration and social security | 454/9 | €400 | €0 | -€400 | -100% |
| Other amounts payable | 47/48 | €426,287 | €453,916 | +€27,629 | +6.5% |
| Accrued charges and deferred income | 492/3 | €0 | €3,639 | +€3,639 | |
| Non-recurring operating income | 76A | €110,000 | €155,000 | +€45,000 | +40.9% |
| Remuneration, social security and pensions | 62 | €47,937 | €101,483 | +€53,546 | +112% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206,975 | €273,752 | +€66,777 | +32.3% |
| Other operating charges | 640/8 | €52,786 | €6,751 | -€46,035 | -87.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €737,430 | €1,657,553 | +€920,123 | +125% |
| Operating profit (loss) | 9901 | €429,732 | €1,275,568 | +€845,835 | +197% |
| Financial income | 75/76B | €604 | €1,393 | +€789 | +131% |
| Recurring financial income | 75 | €604 | €1,393 | +€789 | +131% |
| Financial charges | 65/66B | €13,184 | €57,428 | +€44,244 | +336% |
| Recurring financial charges | 65 | €13,184 | €57,428 | +€44,244 | +336% |
| Profit (loss) for the period before taxes | 9903 | €417,153 | €1,219,533 | +€802,380 | +192% |
| Transfer from deferred taxes | 780 | - | €4,804 | +€4,804 | |
| Transfer to deferred taxes | 680 | - | €38,750 | +€38,750 | |
| Income taxes | 67/77 | €114,788 | €333,265 | +€218,477 | +190% |
| Profit (loss) for the period | 9904 | €302,365 | €852,322 | +€549,957 | +182% |
| Transfer from tax-exempt reserves | 789 | - | €14,412 | +€14,412 | |
| Transfer to tax-exempt reserves | 689 | - | €116,250 | +€116,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €302,365 | €750,484 | +€448,119 | +148% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.