DRVP: what changed
DRVP
Largest movements
- Tangible fixed assets +€64,665
up €64,665 (+106%), from €60,914 to €125,579
of which Furniture and vehicles: +€72,318
- Cash -€63,366
down €63,366 (-28.4%), from €223,347 to €159,981
mainly Contributions, distributions and other (-€270,000) and Investment in fixed assets (net) (-€83,266)
- Deferred charges and accrued income +€25,660
up €25,660 (+37.2%), from €68,889 to €94,548
- Other debts +€152,355
up €152,355 (+257%), from €59,245 to €211,600
- Reserves -€134,979
down €134,979 (-49.0%), from €275,577 to €140,598
- Tax, wage and social debts +€4,139
up €4,139 (+72.4%), from €5,716 to €9,855
of which Remuneration and social security: +€4,776
- Gross operating margin +€31,042
up €31,042 (+14.8%), from €209,943 to €240,986
- Financial income +€8,255
up €8,255 (+917,263%), from €1 to €8,256
of which Non-recurring financial income: +€8,000
- Staff costs +€4,234
up €4,234 (+12.5%), from €33,784 to €38,018
- Taxes +€3,720
up €3,720 (+11.0%), from €33,812 to €37,532
- Depreciation +€3,519
up €3,519 (+23.3%), from €15,082 to €18,601
Change in the result, 31-12-2024 to 31-12-2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €361,663 | €388,692 | +€27,029 | +7.5% |
| Fixed assets | 21/28 | €60,914 | €125,579 | +€64,665 | +106% |
| Tangible fixed assets | 22/27 | €60,914 | €125,579 | +€64,665 | +106% |
| Land and buildings | 22 | €6,692 | €6,260 | -€433 | -6.5% |
| Plant, machinery and equipment | 23 | €30,776 | €23,556 | -€7,220 | -23.5% |
| Furniture and vehicles | 24 | €23,446 | €95,764 | +€72,318 | +308% |
| Current assets | 29/58 | €300,748 | €263,113 | -€37,636 | -12.5% |
| Amounts receivable within one year | 40/41 | €8,513 | €8,583 | +€70 | +0.8% |
| Trade receivables | 40 | €7,325 | €7,395 | +€70 | +1.0% |
| Other amounts receivable | 41 | €1,188 | €1,188 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €223,347 | €159,981 | -€63,366 | -28.4% |
| Deferred charges and accrued income | 490/1 | €68,889 | €94,548 | +€25,660 | +37.2% |
| Total equity and liabilities | 10/49 | €361,663 | €388,692 | +€27,029 | +7.5% |
| Equity | 10/15 | €294,177 | €159,198 | -€134,979 | -45.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €275,577 | €140,598 | -€134,979 | -49.0% |
| Distributable reserves | 133 | €275,577 | €140,598 | -€134,979 | -49.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €67,486 | €229,494 | +€162,008 | +240% |
| Amounts payable within one year | 42/48 | €67,486 | €226,108 | +€158,623 | +235% |
| Trade debts | 44 | €2,525 | €4,654 | +€2,129 | +84.3% |
| Suppliers | 440/4 | €2,525 | €4,654 | +€2,129 | +84.3% |
| Taxes, remuneration and social security | 45 | €5,716 | €9,855 | +€4,139 | +72.4% |
| Taxes | 450/3 | €5,716 | €5,079 | -€637 | -11.1% |
| Remuneration and social security | 454/9 | €0 | €4,776 | +€4,776 | |
| Other amounts payable | 47/48 | €59,245 | €211,600 | +€152,355 | +257% |
| Accrued charges and deferred income | 492/3 | €0 | €3,386 | +€3,386 | |
| Remuneration, social security and pensions | 62 | €33,784 | €38,018 | +€4,234 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,082 | €18,601 | +€3,519 | +23.3% |
| Other operating charges | 640/8 | €7,333 | €6,565 | -€767 | -10.5% |
| Non-recurring operating charges | 66A | - | €11,049 | +€11,049 | |
| Gross operating margin | 9900 | €209,943 | €240,986 | +€31,042 | +14.8% |
| Operating profit (loss) | 9901 | €153,746 | €166,753 | +€13,007 | +8.5% |
| Financial income | 75/76B | €1 | €8,256 | +€8,255 | +917,263% |
| Recurring financial income | 75 | €1 | €256 | +€255 | +28,374% |
| Non-recurring financial income | 76B | - | €8,000 | +€8,000 | |
| Financial charges | 65/66B | €2,607 | €2,456 | -€152 | -5.8% |
| Recurring financial charges | 65 | €2,607 | €2,456 | -€152 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €151,139 | €172,553 | +€21,414 | +14.2% |
| Income taxes | 67/77 | €33,812 | €37,532 | +€3,720 | +11.0% |
| Profit (loss) for the period | 9904 | €117,327 | €135,021 | +€17,694 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €117,327 | €135,021 | +€17,694 | +15.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.