DNV ENGINEERING: 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 ENGINEERING
Largest movements
- Stocks and contracts +€40,000
up €40,000 (+217%), from €18,467 to €58,467
- Receivables within one year +€32,824
up €32,824 (+6.8%), from €479,511 to €512,335
of which Other amounts receivable: +€37,381
- Tangible fixed assets -€17,451
down €17,451 (-19.1%), from €91,445 to €73,994
of which Plant, machinery and equipment: -€8,914
- Cash +€13,037
up €13,037 (+15.6%), from €83,749 to €96,786
mainly Short-term financial debts (+€50,000) and Net result for the year (+€43,672)
- Short-term financial debts +€50,000
new in 2025: €50,000
- Reserves +€43,672
up €43,672 (+24.4%), from €178,800 to €222,472
- Trade debts +€41,165
up €41,165 (+26.1%), from €157,990 to €199,155
- Current portion of long-term debt -€25,234
down €25,234 (-56.4%), from €44,746 to €19,512
- Tax, wage and social debts -€20,284
down €20,284 (-46.0%), from €44,055 to €23,771
of which Taxes: -€19,239
- Gross operating margin -€99,277
down €99,277 (-35.3%), from €281,017 to €181,740
- Taxes -€31,454
down €31,454 (-56.6%), from €55,611 to €24,157
- Depreciation +€6,823
up €6,823 (+33.1%), from €20,619 to €27,442
- Staff costs -€5,358
down €5,358 (-6.3%), from €84,871 to €79,512
- Financial charges -€3,810
down €3,810 (-31.3%), from €12,173 to €8,363
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 | €673,372 | €743,179 | +€69,807 | +10.4% |
| Fixed assets | 21/28 | €91,645 | €74,194 | -€17,451 | -19.0% |
| Tangible fixed assets | 22/27 | €91,445 | €73,994 | -€17,451 | -19.1% |
| Land and buildings | 22 | €6,192 | €5,046 | -€1,146 | -18.5% |
| Plant, machinery and equipment | 23 | €35,051 | €26,137 | -€8,914 | -25.4% |
| Furniture and vehicles | 24 | €50,202 | €42,811 | -€7,391 | -14.7% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €581,726 | €668,985 | +€87,258 | +15.0% |
| Stocks and contracts in progress | 3 | €18,467 | €58,467 | +€40,000 | +217% |
| Stocks | 30/36 | €18,467 | €58,467 | +€40,000 | +217% |
| Amounts receivable within one year | 40/41 | €479,511 | €512,335 | +€32,824 | +6.8% |
| Trade receivables | 40 | €464,156 | €459,599 | -€4,557 | -1.0% |
| Other amounts receivable | 41 | €15,355 | €52,736 | +€37,381 | +243% |
| Cash at bank and in hand | 54/58 | €83,749 | €96,786 | +€13,037 | +15.6% |
| Deferred charges and accrued income | 490/1 | - | €1,397 | +€1,397 | |
| Total equity and liabilities | 10/49 | €673,372 | €743,179 | +€69,807 | +10.4% |
| Equity | 10/15 | €290,380 | €334,053 | +€43,672 | +15.0% |
| Contributions | 10/11 | €6,150 | €6,150 | = | 0.0% |
| Reserves | 13 | €178,800 | €222,472 | +€43,672 | +24.4% |
| Distributable reserves | 133 | €178,800 | €222,472 | +€43,672 | +24.4% |
| Profit (loss) carried forward | 14 | €105,431 | €105,431 | = | 0.0% |
| Provisions and deferred taxes | 16 | €17,410 | €17,410 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €17,410 | €17,410 | = | 0.0% |
| Other liabilities and charges | 164/5 | €17,410 | €17,410 | = | 0.0% |
| Amounts payable | 17/49 | €365,581 | €391,716 | +€26,134 | +7.1% |
| Amounts payable after more than one year | 17 | €53,304 | €33,792 | -€19,512 | -36.6% |
| Financial debts | 170/4 | €53,304 | €33,792 | -€19,512 | -36.6% |
| Amounts payable within one year | 42/48 | €246,791 | €292,438 | +€45,646 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €44,746 | €19,512 | -€25,234 | -56.4% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €157,990 | €199,155 | +€41,165 | +26.1% |
| Suppliers | 440/4 | €157,990 | €199,155 | +€41,165 | +26.1% |
| Taxes, remuneration and social security | 45 | €44,055 | €23,771 | -€20,284 | -46.0% |
| Taxes | 450/3 | €41,396 | €22,157 | -€19,239 | -46.5% |
| Remuneration and social security | 454/9 | €2,659 | €1,613 | -€1,045 | -39.3% |
| Accrued charges and deferred income | 492/3 | €65,486 | €65,486 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €84,871 | €79,512 | -€5,358 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,619 | €27,442 | +€6,823 | +33.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,850 | - | +€1,850 | |
| Other operating charges | 640/8 | €2,059 | €1,024 | -€1,036 | -50.3% |
| Non-recurring operating charges | 66A | €620 | - | -€620 | |
| Gross operating margin | 9900 | €281,017 | €181,740 | -€99,277 | -35.3% |
| Operating profit (loss) | 9901 | €174,698 | €73,762 | -€100,936 | -57.8% |
| Financial income | 75/76B | €3,256 | €2,431 | -€825 | -25.4% |
| Recurring financial income | 75 | €3,256 | €2,431 | -€825 | -25.4% |
| Financial charges | 65/66B | €12,173 | €8,363 | -€3,810 | -31.3% |
| Recurring financial charges | 65 | €12,173 | €8,363 | -€3,810 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | €165,781 | €67,830 | -€97,951 | -59.1% |
| Income taxes | 67/77 | €55,611 | €24,157 | -€31,454 | -56.6% |
| Profit (loss) for the period | 9904 | €110,170 | €43,672 | -€66,498 | -60.4% |
| Profit (loss) for the period to be appropriated | 9905 | €110,170 | €43,672 | -€66,498 | -60.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.