DGLV: 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.
DGLV
Largest movements
- Cash +€21,469
up €21,469 (+1487.2%), from €1,444 to €22,912
mainly Depreciation (+€21,872) and Net result for the year (+€21,615)
- Tangible fixed assets -€17,313
down €17,313 (-34.4%), from €50,382 to €33,069
- Stocks and contracts +€12,731
up €12,731 (+282.1%), from €4,512 to €17,243
- Deferred charges and accrued income +€3,525
new in 2021: €3,525
- Equity +€21,615
up €21,615 (+30.4%), from €71,137 to €92,752
of which Contributions: +€118,600
- Debts within one year -€2,286
down €2,286 (-2.0%), from €116,586 to €114,300
of which Trade debts: -€27,754
- Turnover -€514,812
no longer reported in 2021 (was €514,812)
- Staff costs +€215,349
new in 2021: €215,349
- Gross operating margin +€125,199
up €125,199 (+94.9%), from €131,965 to €257,164
- Financial income +€5,529
new in 2021: €5,529
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €187,723 | €207,052 | +€19,329 | +10.3% |
| Fixed assets | 21/28 | €51,316 | €34,003 | -€17,313 | -33.7% |
| Tangible fixed assets | 22/27 | €50,382 | €33,069 | -€17,313 | -34.4% |
| Plant, machinery and equipment | 23 | - | €25,955 | +€25,955 | |
| Furniture and vehicles | 24 | - | €1,586 | +€1,586 | |
| Other tangible fixed assets | 26 | - | €5,527 | +€5,527 | |
| Financial fixed assets | 28 | €934 | €934 | = | 0.0% |
| Current assets | 29/58 | €136,407 | €173,049 | +€36,642 | +26.9% |
| Stocks and contracts in progress | 3 | €4,512 | €17,243 | +€12,731 | +282.1% |
| Stocks | 30/36 | - | €17,243 | +€17,243 | |
| Amounts receivable within one year | 40/41 | €130,347 | €129,368 | -€979 | -0.8% |
| Trade receivables | 40 | - | €186 | +€186 | |
| Other amounts receivable | 41 | - | €129,182 | +€129,182 | |
| Cash at bank and in hand | 54/58 | €1,444 | €22,912 | +€21,469 | +1487.2% |
| Deferred charges and accrued income | 490/1 | - | €3,525 | +€3,525 | |
| Total equity and liabilities | 10/49 | €187,723 | €207,052 | +€19,329 | +10.3% |
| Equity | 10/15 | €71,137 | €92,752 | +€21,615 | +30.4% |
| Contributions | 10/11 | - | €118,600 | +€118,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€49,323 | -€27,708 | +€21,615 | +43.8% |
| Amounts payable | 17/49 | €116,586 | €114,300 | -€2,286 | -2.0% |
| Amounts payable within one year | 42/48 | €116,586 | €114,300 | -€2,286 | -2.0% |
| Trade debts | 44 | €89,829 | €62,075 | -€27,754 | -30.9% |
| Suppliers | 440/4 | - | €62,075 | +€62,075 | |
| Taxes, remuneration and social security | 45 | - | €40,298 | +€40,298 | |
| Taxes | 450/3 | - | €8,749 | +€8,749 | |
| Remuneration and social security | 454/9 | - | €31,549 | +€31,549 | |
| Other amounts payable | 47/48 | - | €11,926 | +€11,926 | |
| Turnover | 70 | €514,812 | - | -€514,812 | |
| Non-recurring operating income | 76A | - | €68,317 | +€68,317 | |
| Remuneration, social security and pensions | 62 | - | €215,349 | +€215,349 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,547 | €21,872 | -€1,676 | -7.1% |
| Other operating charges | 640/8 | - | €2,624 | +€2,624 | |
| Non-recurring operating charges | 66A | - | €246 | +€246 | |
| Gross operating margin | 9900 | €131,965 | €257,164 | +€125,199 | +94.9% |
| Operating profit (loss) | 9901 | -€54,254 | €17,073 | +€71,327 | |
| Financial income | 75/76B | - | €5,529 | +€5,529 | |
| Recurring financial income | 75 | €12,834 | €5,529 | -€7,304 | -56.9% |
| Financial charges | 65/66B | - | €988 | +€988 | |
| Recurring financial charges | 65 | €3,576 | €988 | -€2,588 | -72.4% |
| Profit (loss) for the period before taxes | 9903 | -€44,996 | €21,615 | +€66,611 | |
| Profit (loss) for the period | 9904 | -€44,996 | €21,615 | +€66,611 | |
| Profit (loss) for the period to be appropriated | 9905 | -€44,996 | €21,615 | +€66,611 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.