DGVS: 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.
DGVS
Largest movements
- Stocks and contracts +€2.9m
up €2.9m (+98.3%), from €3.0m to €5.9m
- Current portion of long-term debt +€2.5m
up €2.5m (+187.9%), from €1.3m to €3.8m
- Profit (loss) carried forward +€347,884
up €347,884 (+212.0%), from €164,063 to €511,947
- Trade debts -€217,270
down €217,270 (-98.9%), from €219,578 to €2,308
- Other debts +€139,188
up €139,188 (+28.2%), from €492,870 to €632,058
- Debts after one year +€75,000
up €75,000 (+10.7%), from €700,000 to €775,000
- Gross operating margin +€642,622
up €642,622 (+496.2%), from €129,515 to €772,136
- Taxes +€147,747
up €147,747 (+733.0%), from €20,157 to €167,905
- Financial charges +€61,108
up €61,108 (+203.4%), from €30,050 to €91,158
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 | €3,045,943 | €5,974,599 | +€2.9m | +96.1% |
| Current assets | 29/58 | €3,045,943 | €5,974,599 | +€2.9m | +96.1% |
| Stocks and contracts in progress | 3 | €2,972,493 | €5,895,926 | +€2.9m | +98.3% |
| Stocks | 30/36 | €2,972,493 | €5,895,926 | +€2.9m | +98.3% |
| Amounts receivable within one year | 40/41 | €59,250 | €43,860 | -€15,390 | -26.0% |
| Trade receivables | 40 | €59,250 | €43,860 | -€15,390 | -26.0% |
| Cash at bank and in hand | 54/58 | €12,215 | €32,491 | +€20,276 | +166.0% |
| Deferred charges and accrued income | 490/1 | €1,985 | €2,322 | +€337 | +17.0% |
| Total equity and liabilities | 10/49 | €3,045,943 | €5,974,599 | +€2.9m | +96.1% |
| Equity | 10/15 | €264,063 | €611,947 | +€347,884 | +131.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,063 | €511,947 | +€347,884 | +212.0% |
| Amounts payable | 17/49 | €2,781,880 | €5,362,652 | +€2.6m | +92.8% |
| Amounts payable after more than one year | 17 | €700,000 | €775,000 | +€75,000 | +10.7% |
| Financial debts | 170/4 | €700,000 | €775,000 | +€75,000 | +10.7% |
| Amounts payable within one year | 42/48 | €2,081,880 | €4,587,652 | +€2.5m | +120.4% |
| Current portion of amounts payable after more than one year | 42 | €1,335,000 | €3,843,506 | +€2.5m | +187.9% |
| Financial debts | 43 | - | €9,091 | +€9,091 | |
| Other loans | 439 | - | €9,091 | +€9,091 | |
| Trade debts | 44 | €219,578 | €2,308 | -€217,270 | -98.9% |
| Suppliers | 440/4 | €219,578 | €2,308 | -€217,270 | -98.9% |
| Taxes, remuneration and social security | 45 | €34,432 | €100,689 | +€66,257 | +192.4% |
| Taxes | 450/3 | €34,432 | €100,689 | +€66,257 | +192.4% |
| Other amounts payable | 47/48 | €492,870 | €632,058 | +€139,188 | +28.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €884 | €1,126 | +€243 | +27.5% |
| Gross operating margin | 9900 | €129,515 | €772,136 | +€642,622 | +496.2% |
| Operating profit (loss) | 9901 | €128,631 | €771,010 | +€642,379 | +499.4% |
| Financial income | 75/76B | €112 | €0 | -€112 | -100.0% |
| Recurring financial income | 75 | €112 | €0 | -€112 | -100.0% |
| Financial charges | 65/66B | €30,050 | €91,158 | +€61,108 | +203.4% |
| Recurring financial charges | 65 | €30,050 | €91,158 | +€61,108 | +203.4% |
| Profit (loss) for the period before taxes | 9903 | €98,693 | €679,852 | +€581,159 | +588.9% |
| Income taxes | 67/77 | €20,157 | €167,905 | +€147,747 | +733.0% |
| Profit (loss) for the period | 9904 | €78,536 | €511,947 | +€433,411 | +551.9% |
| Profit (loss) for the period to be appropriated | 9905 | €78,536 | €511,947 | +€433,411 | +551.9% |
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.