DT&IV: 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.
DT&IV
Largest movements
- Tangible fixed assets +€187,059
up €187,059 (+63.9%), from €292,605 to €479,663
- Cash +€47,700
new in 2025: €47,700
mainly Other debts (+€142,290) and Debts after one year (+€78,768)
- Receivables within one year +€7,446
up €7,446 (+17.4%), from €42,780 to €50,226
of which Other amounts receivable: +€6,471
- Other debts +€142,290
up €142,290 (+216%), from €65,929 to €208,219
- Debts after one year +€78,768
up €78,768 (+35.0%), from €225,197 to €303,964
- Profit (loss) carried forward +€11,850
new in 2025: €11,850
- Accrued charges and deferred income +€8,413
up €8,413 (+1,683%), from €500 to €8,913
- Current portion of long-term debt +€6,061
up €6,061 (+45.6%), from €13,303 to €19,365
- Gross operating margin +€64,967
up €64,967 (+325%), from €19,968 to €84,935
- Depreciation +€38,062
up €38,062 (+468%), from €8,125 to €46,186
- Financial charges +€19,547
up €19,547 (+2,174%), from €899 to €20,446
- Taxes +€1,785
up €1,785 (+99.4%), from €1,796 to €3,581
- Other operating charges +€1,117
up €1,117 (+56.9%), from €1,963 to €3,080
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 | €337,135 | €577,796 | +€240,661 | +71.4% |
| Fixed assets | 21/28 | €292,605 | €479,663 | +€187,059 | +63.9% |
| Tangible fixed assets | 22/27 | €292,605 | €479,663 | +€187,059 | +63.9% |
| Land and buildings | 22 | €292,605 | €479,663 | +€187,059 | +63.9% |
| Current assets | 29/58 | €44,530 | €98,132 | +€53,602 | +120% |
| Amounts receivable within one year | 40/41 | €42,780 | €50,226 | +€7,446 | +17.4% |
| Trade receivables | 40 | €42,780 | €43,755 | +€975 | +2.3% |
| Other amounts receivable | 41 | - | €6,471 | +€6,471 | |
| Cash at bank and in hand | 54/58 | - | €47,700 | +€47,700 | |
| Deferred charges and accrued income | 490/1 | €1,750 | €206 | -€1,544 | -88.3% |
| Total equity and liabilities | 10/49 | €337,135 | €577,796 | +€240,661 | +71.4% |
| Equity | 10/15 | €11,185 | €23,035 | +€11,850 | +106% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €7,185 | €7,185 | = | 0.0% |
| Distributable reserves | 133 | €7,185 | €7,185 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €11,850 | +€11,850 | |
| Amounts payable | 17/49 | €325,950 | €554,760 | +€228,811 | +70.2% |
| Amounts payable after more than one year | 17 | €225,197 | €303,964 | +€78,768 | +35.0% |
| Financial debts | 170/4 | €225,197 | €303,964 | +€78,768 | +35.0% |
| Amounts payable within one year | 42/48 | €100,253 | €241,883 | +€141,630 | +141% |
| Current portion of amounts payable after more than one year | 42 | €13,303 | €19,365 | +€6,061 | +45.6% |
| Trade debts | 44 | €7,234 | €2,111 | -€5,123 | -70.8% |
| Suppliers | 440/4 | €7,234 | €2,111 | -€5,123 | -70.8% |
| Taxes, remuneration and social security | 45 | €13,787 | €12,189 | -€1,598 | -11.6% |
| Taxes | 450/3 | €9,437 | €12,189 | +€2,752 | +29.2% |
| Remuneration and social security | 454/9 | €4,350 | €0 | -€4,350 | -100% |
| Other amounts payable | 47/48 | €65,929 | €208,219 | +€142,290 | +216% |
| Accrued charges and deferred income | 492/3 | €500 | €8,913 | +€8,413 | +1,683% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,125 | €46,186 | +€38,062 | +468% |
| Other operating charges | 640/8 | €1,963 | €3,080 | +€1,117 | +56.9% |
| Gross operating margin | 9900 | €19,968 | €84,935 | +€64,967 | +325% |
| Operating profit (loss) | 9901 | €9,880 | €35,668 | +€25,788 | +261% |
| Financial income | 75/76B | - | €209 | +€209 | |
| Recurring financial income | 75 | - | €209 | +€209 | |
| Financial charges | 65/66B | €899 | €20,446 | +€19,547 | +2,174% |
| Recurring financial charges | 65 | €899 | €20,446 | +€19,547 | +2,174% |
| Profit (loss) for the period before taxes | 9903 | €8,981 | €15,432 | +€6,450 | +71.8% |
| Income taxes | 67/77 | €1,796 | €3,581 | +€1,785 | +99.4% |
| Profit (loss) for the period | 9904 | €7,185 | €11,850 | +€4,665 | +64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,185 | €11,850 | +€4,665 | +64.9% |
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 25 October 2026 via checked.be.