DSZ VERVOORT: what changed
DSZ VERVOORT
Largest movements
- Cash +€20,331
up €20,331 (+94.5%), from €21,509 to €41,840
mainly Stocks and contracts (+€6,347) and Receivables within one year (+€5,492)
- Stocks and contracts -€6,347
down €6,347 (-21.3%), from €29,808 to €23,461
- Receivables within one year -€5,492
no longer reported in 2025 (was €5,492)
of which Other amounts receivable: -€5,174
- Tangible fixed assets -€4,883
down €4,883 (-15.9%), from €30,737 to €25,854
of which Other tangible fixed assets: -€3,982
- Tax, wage and social debts +€2,308
up €2,308 (+168%), from €1,373 to €3,681
- Trade debts +€1,719
up €1,719 (+30.9%), from €5,559 to €7,278
- Other debts -€1,507
down €1,507 (-2.3%), from €65,429 to €63,922
- Reserves +€1,231
up €1,231 (+150%), from €823 to €2,054
of which Distributable reserves: +€1,231
- Gross operating margin +€10,041
up €10,041 (+1,321%), from €760 to €10,801
- Depreciation +€4,044
up €4,044 (+482%), from €839 to €4,883
- Financial charges +€1,859
up €1,859 (+131%), from €1,414 to €3,273
- Taxes +€842
up €842 (+290%), from €290 to €1,132
- Financial income +€304
up €304 (+54.2%), from €561 to €865
Change in the result, 2024 to 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 2024 and 2025 balance sheets and the 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,546 | €91,297 | +€3,751 | +4.3% |
| Fixed assets | 21/28 | €30,737 | €25,854 | -€4,883 | -15.9% |
| Tangible fixed assets | 22/27 | €30,737 | €25,854 | -€4,883 | -15.9% |
| Plant, machinery and equipment | 23 | €1,555 | €1,209 | -€346 | -22.3% |
| Furniture and vehicles | 24 | €555 | - | -€555 | |
| Other tangible fixed assets | 26 | €28,627 | €24,645 | -€3,982 | -13.9% |
| Current assets | 29/58 | €56,809 | €65,443 | +€8,634 | +15.2% |
| Stocks and contracts in progress | 3 | €29,808 | €23,461 | -€6,347 | -21.3% |
| Stocks | 30/36 | €29,808 | €23,461 | -€6,347 | -21.3% |
| Amounts receivable within one year | 40/41 | €5,492 | - | -€5,492 | |
| Trade receivables | 40 | €318 | - | -€318 | |
| Other amounts receivable | 41 | €5,174 | - | -€5,174 | |
| Cash at bank and in hand | 54/58 | €21,509 | €41,840 | +€20,331 | +94.5% |
| Deferred charges and accrued income | 490/1 | - | €142 | +€142 | |
| Total equity and liabilities | 10/49 | €87,546 | €91,297 | +€3,751 | +4.3% |
| Equity | 10/15 | €12,937 | €14,168 | +€1,231 | +9.5% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €823 | €2,054 | +€1,231 | +150% |
| Non-distributable reserves | 130/1 | €73 | €73 | = | 0.0% |
| Reserves not available under the articles | 1311 | €73 | €73 | = | 0.0% |
| Distributable reserves | 133 | €750 | €1,981 | +€1,231 | +164% |
| Profit (loss) carried forward | 14 | €5,814 | €5,814 | = | 0.0% |
| Amounts payable | 17/49 | €74,609 | €77,129 | +€2,520 | +3.4% |
| Amounts payable within one year | 42/48 | €72,361 | €74,881 | +€2,520 | +3.5% |
| Trade debts | 44 | €5,559 | €7,278 | +€1,719 | +30.9% |
| Suppliers | 440/4 | €5,559 | €7,278 | +€1,719 | +30.9% |
| Taxes, remuneration and social security | 45 | €1,373 | €3,681 | +€2,308 | +168% |
| Taxes | 450/3 | €1,373 | €3,681 | +€2,308 | +168% |
| Other amounts payable | 47/48 | €65,429 | €63,922 | -€1,507 | -2.3% |
| Accrued charges and deferred income | 492/3 | €2,248 | €2,248 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €839 | €4,883 | +€4,044 | +482% |
| Other operating charges | 640/8 | €898 | €1,147 | +€249 | +27.7% |
| Gross operating margin | 9900 | €760 | €10,801 | +€10,041 | +1,321% |
| Operating profit (loss) | 9901 | -€977 | €4,771 | +€5,748 | |
| Financial income | 75/76B | €561 | €865 | +€304 | +54.2% |
| Recurring financial income | 75 | €561 | €865 | +€304 | +54.2% |
| Financial charges | 65/66B | €1,414 | €3,273 | +€1,859 | +131% |
| Recurring financial charges | 65 | €1,414 | €3,273 | +€1,859 | +131% |
| Profit (loss) for the period before taxes | 9903 | -€1,830 | €2,363 | +€4,193 | |
| Income taxes | 67/77 | €290 | €1,132 | +€842 | +290% |
| Profit (loss) for the period | 9904 | -€2,120 | €1,231 | +€3,351 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,120 | €1,231 | +€3,351 |
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.