DK-VE: 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.
DK-VE
Largest movements
- Tangible fixed assets -€20,769
down €20,769 (-7.4%), from €281,264 to €260,495
- Debts after one year -€26,082
down €26,082 (-26.9%), from €96,946 to €70,863
- Reserves +€15,148
up €15,148 (+13.1%), from €115,486 to €130,634
of which Distributable reserves: +€15,148
- Other debts -€14,410
down €14,410 (-100%), from €14,410 to €0
- Short-term financial debts +€8,457
up €8,457, from €0 to €8,457
of which Credit institutions: +€7,189
- Tax, wage and social debts -€4,748
down €4,748 (-23.3%), from €20,351 to €15,603
- Gross operating margin -€5,637
down €5,637 (-10.2%), from €55,398 to €49,760
- Taxes -€1,846
down €1,846 (-23.1%), from €7,984 to €6,137
- Financial charges -€827
down €827 (-13.9%), from €5,940 to €5,114
- Financial income -€741
down €741 (-100%), from €741 to €0
- Other operating charges +€648
up €648 (+33.3%), from €1,944 to €2,592
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 | €292,118 | €269,972 | -€22,145 | -7.6% |
| Fixed assets | 21/28 | €281,264 | €260,495 | -€20,769 | -7.4% |
| Tangible fixed assets | 22/27 | €281,264 | €260,495 | -€20,769 | -7.4% |
| Land and buildings | 22 | €281,264 | €260,495 | -€20,769 | -7.4% |
| Current assets | 29/58 | €10,854 | €9,478 | -€1,376 | -12.7% |
| Amounts receivable within one year | 40/41 | €6,493 | €5,950 | -€543 | -8.4% |
| Trade receivables | 40 | €5,773 | €5,773 | = | 0.0% |
| Other amounts receivable | 41 | €720 | €177 | -€543 | -75.5% |
| Cash at bank and in hand | 54/58 | €4,361 | €1,782 | -€2,579 | -59.1% |
| Deferred charges and accrued income | 490/1 | €0 | €1,746 | +€1,746 | |
| Total equity and liabilities | 10/49 | €292,118 | €269,972 | -€22,145 | -7.6% |
| Equity | 10/15 | €121,686 | €136,834 | +€15,148 | +12.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €115,486 | €130,634 | +€15,148 | +13.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €115,486 | €130,634 | +€15,148 | +13.1% |
| Amounts payable | 17/49 | €170,432 | €133,138 | -€37,293 | -21.9% |
| Amounts payable after more than one year | 17 | €96,946 | €70,863 | -€26,082 | -26.9% |
| Financial debts | 170/4 | €96,946 | €70,863 | -€26,082 | -26.9% |
| Amounts payable within one year | 42/48 | €73,486 | €62,275 | -€11,211 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €25,965 | €26,082 | +€117 | +0.5% |
| Financial debts | 43 | €0 | €8,457 | +€8,457 | |
| Credit institutions | 430/8 | €0 | €7,189 | +€7,189 | |
| Other loans | 439 | - | €1,268 | +€1,268 | |
| Trade debts | 44 | €12,760 | €12,133 | -€628 | -4.9% |
| Suppliers | 440/4 | €12,760 | €12,133 | -€628 | -4.9% |
| Taxes, remuneration and social security | 45 | €20,351 | €15,603 | -€4,748 | -23.3% |
| Taxes | 450/3 | €20,351 | €15,603 | -€4,748 | -23.3% |
| Other amounts payable | 47/48 | €14,410 | €0 | -€14,410 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,769 | €20,769 | = | 0.0% |
| Other operating charges | 640/8 | €1,944 | €2,592 | +€648 | +33.3% |
| Gross operating margin | 9900 | €55,398 | €49,760 | -€5,637 | -10.2% |
| Operating profit (loss) | 9901 | €32,684 | €26,399 | -€6,286 | -19.2% |
| Financial income | 75/76B | €741 | €0 | -€741 | -100% |
| Recurring financial income | 75 | €741 | €0 | -€741 | -100% |
| Financial charges | 65/66B | €5,940 | €5,114 | -€827 | -13.9% |
| Recurring financial charges | 65 | €5,940 | €5,114 | -€827 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €27,485 | €21,285 | -€6,200 | -22.6% |
| Income taxes | 67/77 | €7,984 | €6,137 | -€1,846 | -23.1% |
| Profit (loss) for the period | 9904 | €19,502 | €15,148 | -€4,354 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,502 | €15,148 | -€4,354 | -22.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.