DNV CHAUFFAGE: 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.
DNV CHAUFFAGE
Largest movements
- Cash +€153,806
up €153,806 (+159%), from €96,663 to €250,469
mainly Receivables within one year (+€74,140) and Net result for the year (+€63,674)
- Receivables within one year -€74,140
down €74,140 (-77.8%), from €95,276 to €21,135
of which Other amounts receivable: -€77,133
- Stocks and contracts +€19,192
new in 2025: €19,192
- Tangible fixed assets -€3,442
down €3,442 (-25.3%), from €13,622 to €10,180
of which Furniture and vehicles: -€4,567
- Profit (loss) carried forward +€63,674
up €63,674 (+42.9%), from €148,269 to €211,943
- Tax, wage and social debts +€24,207
up €24,207 (+47.4%), from €51,061 to €75,268
of which Taxes: +€22,207
- Other debts +€7,026
new in 2025: €7,026
- Gross operating margin -€134,541
down €134,541 (-58.5%), from €229,849 to €95,308
- Taxes -€28,104
down €28,104 (-55.9%), from €50,311 to €22,207
- Staff costs -€23,512
down €23,512 (-95.3%), from €24,661 to €1,149
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 | €205,804 | €301,439 | +€95,635 | +46.5% |
| Fixed assets | 21/28 | €13,622 | €10,180 | -€3,442 | -25.3% |
| Tangible fixed assets | 22/27 | €13,622 | €10,180 | -€3,442 | -25.3% |
| Plant, machinery and equipment | 23 | €2,227 | €3,352 | +€1,125 | +50.5% |
| Furniture and vehicles | 24 | €11,395 | €6,828 | -€4,567 | -40.1% |
| Current assets | 29/58 | €192,181 | €291,259 | +€99,078 | +51.6% |
| Stocks and contracts in progress | 3 | - | €19,192 | +€19,192 | |
| Stocks | 30/36 | - | €19,192 | +€19,192 | |
| Amounts receivable within one year | 40/41 | €95,276 | €21,135 | -€74,140 | -77.8% |
| Trade receivables | 40 | €2,890 | €5,882 | +€2,993 | +104% |
| Other amounts receivable | 41 | €92,386 | €15,253 | -€77,133 | -83.5% |
| Cash at bank and in hand | 54/58 | €96,663 | €250,469 | +€153,806 | +159% |
| Deferred charges and accrued income | 490/1 | €243 | €463 | +€220 | +90.4% |
| Total equity and liabilities | 10/49 | €205,804 | €301,439 | +€95,635 | +46.5% |
| Equity | 10/15 | €150,769 | €214,443 | +€63,674 | +42.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,269 | €211,943 | +€63,674 | +42.9% |
| Amounts payable | 17/49 | €55,034 | €86,995 | +€31,961 | +58.1% |
| Amounts payable within one year | 42/48 | €55,034 | €86,995 | +€31,961 | +58.1% |
| Trade debts | 44 | €911 | €431 | -€480 | -52.7% |
| Suppliers | 440/4 | €911 | €431 | -€480 | -52.7% |
| Advances received on contracts in progress | 46 | €3,063 | €4,271 | +€1,208 | +39.4% |
| Taxes, remuneration and social security | 45 | €51,061 | €75,268 | +€24,207 | +47.4% |
| Taxes | 450/3 | €51,061 | €73,268 | +€22,207 | +43.5% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | - | €7,026 | +€7,026 | |
| Remuneration, social security and pensions | 62 | €24,661 | €1,149 | -€23,512 | -95.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,999 | €6,513 | +€514 | +8.6% |
| Other operating charges | 640/8 | €554 | €1,907 | +€1,352 | +244% |
| Gross operating margin | 9900 | €229,849 | €95,308 | -€134,541 | -58.5% |
| Operating profit (loss) | 9901 | €198,634 | €85,739 | -€112,895 | -56.8% |
| Financial income | 75/76B | €45 | €214 | +€169 | +377% |
| Recurring financial income | 75 | €45 | €214 | +€169 | +377% |
| Financial charges | 65/66B | €99 | €72 | -€27 | -27.3% |
| Recurring financial charges | 65 | €99 | €72 | -€27 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €198,580 | €85,881 | -€112,699 | -56.8% |
| Income taxes | 67/77 | €50,311 | €22,207 | -€28,104 | -55.9% |
| Profit (loss) for the period | 9904 | €148,269 | €63,674 | -€84,595 | -57.1% |
| Profit (loss) for the period to be appropriated | 9905 | €148,269 | €63,674 | -€84,595 | -57.1% |
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 19 October 2026 via checked.be.