DU VAL: what changed
Two fiscal 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.
DU VAL
Largest movements
- Receivables within one year -€9,991
down €9,991 (-3.9%), from €254,145 to €244,154
of which Trade receivables: -€6,526
- Cash +€8,638
up €8,638 (+12.2%), from €70,525 to €79,163
mainly Receivables within one year (+€9,991) and Net result for the year (+€6,976)
- Trade debts -€8,612
down €8,612 (-3.5%), from €245,411 to €236,799
- Profit (loss) carried forward +€6,976
up €6,976 (+11.0%), from €63,383 to €70,359
- Gross operating margin -€5,070
down €5,070 (-32.5%), from €15,625 to €10,554
- Taxes -€1,039
down €1,039 (-36.5%), from €2,847 to €1,808
- Depreciation -€557
down €557 (-31.5%), from €1,767 to €1,210
- Financial income +€208
up €208 (+451.0%), from €46 to €254
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.
Cash bridge derived
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 | €325,881 | €323,317 | -€2,564 | -0.8% |
| Fixed assets | 21/28 | €1,210 | - | -€1,210 | |
| Tangible fixed assets | 22/27 | €1,210 | - | -€1,210 | |
| Land and buildings | 22 | €1,210 | - | -€1,210 | |
| Current assets | 29/58 | €324,671 | €323,317 | -€1,354 | -0.4% |
| Amounts receivable within one year | 40/41 | €254,145 | €244,154 | -€9,991 | -3.9% |
| Trade receivables | 40 | €250,680 | €244,154 | -€6,526 | -2.6% |
| Other amounts receivable | 41 | €3,465 | - | -€3,465 | |
| Cash at bank and in hand | 54/58 | €70,525 | €79,163 | +€8,638 | +12.2% |
| Total equity and liabilities | 10/49 | €325,881 | €323,317 | -€2,564 | -0.8% |
| Equity | 10/15 | €77,636 | €84,613 | +€6,976 | +9.0% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,383 | €70,359 | +€6,976 | +11.0% |
| Amounts payable | 17/49 | €248,244 | €238,704 | -€9,540 | -3.8% |
| Amounts payable within one year | 42/48 | €248,244 | €238,704 | -€9,540 | -3.8% |
| Trade debts | 44 | €245,411 | €236,799 | -€8,612 | -3.5% |
| Suppliers | 440/4 | €245,411 | €236,799 | -€8,612 | -3.5% |
| Taxes, remuneration and social security | 45 | €2,833 | €1,905 | -€928 | -32.8% |
| Taxes | 450/3 | €2,833 | €1,905 | -€928 | -32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,767 | €1,210 | -€557 | -31.5% |
| Other operating charges | 640/8 | €757 | €772 | +€15 | +1.9% |
| Gross operating margin | 9900 | €15,625 | €10,554 | -€5,070 | -32.5% |
| Operating profit (loss) | 9901 | €13,101 | €8,573 | -€4,529 | -34.6% |
| Financial income | 75/76B | €46 | €254 | +€208 | +451.0% |
| Recurring financial income | 75 | €46 | €254 | +€208 | +451.0% |
| Financial charges | 65/66B | €67 | €42 | -€26 | -38.2% |
| Recurring financial charges | 65 | €67 | €42 | -€26 | -38.2% |
| Profit (loss) for the period before taxes | 9903 | €13,080 | €8,785 | -€4,295 | -32.8% |
| Income taxes | 67/77 | €2,847 | €1,808 | -€1,039 | -36.5% |
| Profit (loss) for the period | 9904 | €10,233 | €6,976 | -€3,256 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,233 | €6,976 | -€3,256 | -31.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.