DRCV Expertise: 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.
DRCV Expertise
Largest movements
- Cash +€118,214
up €118,214 (+36.1%), from €327,735 to €445,948
mainly Other debts (+€191,567) and Net result for the year (+€42,961)
- Receivables within one year +€102,766
up €102,766 (+434%), from €23,681 to €126,447
of which Trade receivables: +€101,130
- Other debts +€191,567
up €191,567 (+79.5%), from €240,861 to €432,428
- Profit (loss) carried forward +€42,961
up €42,961 (+62.6%), from €68,651 to €111,612
- Tax, wage and social debts -€11,132
down €11,132 (-56.6%), from €19,658 to €8,526
of which Taxes: -€7,996
- Trade debts -€7,591
down €7,591 (-53.0%), from €14,327 to €6,737
- Gross operating margin +€11,837
up €11,837 (+24.5%), from €48,292 to €60,128
- Taxes +€2,393
up €2,393 (+26.8%), from €8,940 to €11,333
- Other operating charges +€1,845
up €1,845 (+272%), from €678 to €2,523
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 | €359,220 | €576,102 | +€216,883 | +60.4% |
| Fixed assets | 21/28 | €1,685 | €1,528 | -€157 | -9.3% |
| Tangible fixed assets | 22/27 | €1,685 | €1,528 | -€157 | -9.3% |
| Furniture and vehicles | 24 | €1,685 | €1,528 | -€157 | -9.3% |
| Current assets | 29/58 | €357,535 | €574,574 | +€217,039 | +60.7% |
| Amounts receivable within one year | 40/41 | €23,681 | €126,447 | +€102,766 | +434% |
| Trade receivables | 40 | €15,591 | €116,720 | +€101,130 | +649% |
| Other amounts receivable | 41 | €8,090 | €9,727 | +€1,636 | +20.2% |
| Cash at bank and in hand | 54/58 | €327,735 | €445,948 | +€118,214 | +36.1% |
| Deferred charges and accrued income | 490/1 | €6,119 | €2,179 | -€3,940 | -64.4% |
| Total equity and liabilities | 10/49 | €359,220 | €576,102 | +€216,883 | +60.4% |
| Equity | 10/15 | €83,651 | €126,612 | +€42,961 | +51.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,651 | €111,612 | +€42,961 | +62.6% |
| Amounts payable | 17/49 | €275,568 | €449,490 | +€173,922 | +63.1% |
| Amounts payable within one year | 42/48 | €274,846 | €447,690 | +€172,845 | +62.9% |
| Trade debts | 44 | €14,327 | €6,737 | -€7,591 | -53.0% |
| Suppliers | 440/4 | €14,327 | €6,737 | -€7,591 | -53.0% |
| Taxes, remuneration and social security | 45 | €19,658 | €8,526 | -€11,132 | -56.6% |
| Taxes | 450/3 | €16,522 | €8,526 | -€7,996 | -48.4% |
| Remuneration and social security | 454/9 | €3,136 | - | -€3,136 | |
| Other amounts payable | 47/48 | €240,861 | €432,428 | +€191,567 | +79.5% |
| Accrued charges and deferred income | 492/3 | €723 | €1,800 | +€1,077 | +149% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,116 | €1,321 | +€206 | +18.5% |
| Other operating charges | 640/8 | €678 | €2,523 | +€1,845 | +272% |
| Gross operating margin | 9900 | €48,292 | €60,128 | +€11,837 | +24.5% |
| Operating profit (loss) | 9901 | €46,498 | €56,284 | +€9,786 | +21.0% |
| Financial income | 75/76B | - | €34 | +€34 | |
| Recurring financial income | 75 | - | €34 | +€34 | |
| Financial charges | 65/66B | €2,492 | €2,023 | -€469 | -18.8% |
| Recurring financial charges | 65 | €2,492 | €2,023 | -€469 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €44,006 | €54,294 | +€10,288 | +23.4% |
| Income taxes | 67/77 | €8,940 | €11,333 | +€2,393 | +26.8% |
| Profit (loss) for the period | 9904 | €35,066 | €42,961 | +€7,895 | +22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,066 | €42,961 | +€7,895 | +22.5% |
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 18 October 2026 via checked.be.