DPV Log: 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.
DPV Log
Largest movements
- Receivables after one year -€125,166
down €125,166 (-83.4%), from €150,000 to €24,834
- Cash -€111,250
down €111,250 (-78.9%), from €141,085 to €29,835
mainly Contributions, distributions and other (-€202,500) and Debts after one year (-€77,389)
- Tangible fixed assets -€17,977
down €17,977 (-5.5%), from €325,432 to €307,455
of which Furniture and vehicles: -€15,824
- Receivables within one year +€15,062
up €15,062 (+1,048%), from €1,438 to €16,499
of which Other amounts receivable: +€16,337
- Reserves -€150,960
down €150,960 (-31.7%), from €476,719 to €325,759
- Debts after one year -€77,389
down €77,389 (-14.5%), from €534,345 to €456,955
- Tax, wage and social debts -€18,652
down €18,652 (-60.4%), from €30,892 to €12,241
- Financial income -€27,566
down €27,566 (-41.1%), from €67,147 to €39,580
- Gross operating margin +€24,175
up €24,175 (+52.4%), from €46,166 to €70,341
- Depreciation +€12,224
up €12,224 (+64.9%), from €18,829 to €31,054
- Taxes +€8,057
up €8,057 (+422%), from €1,909 to €9,967
- Financial charges -€4,645
down €4,645 (-23.6%), from €19,701 to €15,057
of which Financial charges: -€3,787
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 | €1,132,827 | €888,297 | -€244,531 | -21.6% |
| Fixed assets | 21/28 | €828,019 | €808,792 | -€19,227 | -2.3% |
| Tangible fixed assets | 22/27 | €325,432 | €307,455 | -€17,977 | -5.5% |
| Land and buildings | 22 | €236,949 | €234,795 | -€2,153 | -0.9% |
| Furniture and vehicles | 24 | €88,483 | €72,659 | -€15,824 | -17.9% |
| Financial fixed assets | 28 | €502,587 | €501,337 | -€1,250 | -0.2% |
| Current assets | 29/58 | €304,809 | €79,505 | -€225,303 | -73.9% |
| Amounts receivable after more than one year | 29 | €150,000 | €24,834 | -€125,166 | -83.4% |
| Other amounts receivable | 291 | €150,000 | €24,834 | -€125,166 | -83.4% |
| Amounts receivable within one year | 40/41 | €1,438 | €16,499 | +€15,062 | +1,048% |
| Trade receivables | 40 | €1,275 | €0 | -€1,275 | -100% |
| Other amounts receivable | 41 | €163 | €16,499 | +€16,337 | +10,044% |
| Cash at bank and in hand | 54/58 | €141,085 | €29,835 | -€111,250 | -78.9% |
| Deferred charges and accrued income | 490/1 | €12,286 | €8,337 | -€3,949 | -32.1% |
| Total equity and liabilities | 10/49 | €1,132,827 | €888,297 | -€244,531 | -21.6% |
| Equity | 10/15 | €481,719 | €330,759 | -€150,960 | -31.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €476,719 | €325,759 | -€150,960 | -31.7% |
| Distributable reserves | 133 | €476,719 | €325,759 | -€150,960 | -31.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €651,108 | €557,538 | -€93,570 | -14.4% |
| Amounts payable after more than one year | 17 | €534,345 | €456,955 | -€77,389 | -14.5% |
| Financial debts | 170/4 | €534,345 | €456,955 | -€77,389 | -14.5% |
| Amounts payable within one year | 42/48 | €116,763 | €99,207 | -€17,556 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €74,930 | €77,389 | +€2,459 | +3.3% |
| Financial debts | 43 | €1,565 | €368 | -€1,197 | -76.5% |
| Credit institutions | 430/8 | €1,565 | €368 | -€1,197 | -76.5% |
| Trade debts | 44 | €5,210 | €5,420 | +€210 | +4.0% |
| Suppliers | 440/4 | €5,210 | €5,420 | +€210 | +4.0% |
| Taxes, remuneration and social security | 45 | €30,892 | €12,241 | -€18,652 | -60.4% |
| Taxes | 450/3 | €30,892 | €12,241 | -€18,652 | -60.4% |
| Other amounts payable | 47/48 | €4,166 | €3,789 | -€376 | -9.0% |
| Accrued charges and deferred income | 492/3 | - | €1,375 | +€1,375 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,829 | €31,054 | +€12,224 | +64.9% |
| Other operating charges | 640/8 | €2,496 | €2,305 | -€192 | -7.7% |
| Gross operating margin | 9900 | €46,166 | €70,341 | +€24,175 | +52.4% |
| Operating profit (loss) | 9901 | €24,841 | €36,983 | +€12,142 | +48.9% |
| Financial income | 75/76B | €67,147 | €39,580 | -€27,566 | -41.1% |
| Recurring financial income | 75 | €67,147 | €39,580 | -€27,566 | -41.1% |
| Financial charges | 65/66B | €19,701 | €15,057 | -€4,645 | -23.6% |
| Recurring financial charges | 65 | €18,843 | €15,057 | -€3,787 | -20.1% |
| Non-recurring financial charges | 66B | €858 | €0 | -€858 | -100% |
| Profit (loss) for the period before taxes | 9903 | €72,286 | €61,506 | -€10,780 | -14.9% |
| Income taxes | 67/77 | €1,909 | €9,967 | +€8,057 | +422% |
| Profit (loss) for the period | 9904 | €70,377 | €51,540 | -€18,837 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €70,377 | €51,540 | -€18,837 | -26.8% |
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 14 October 2026 via checked.be.