DV Concept: 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.
DV Concept
Largest movements
- Cash -€10,134
down €10,134 (-56.7%), from €17,880 to €7,746
mainly Contributions, distributions and other (-€27,748) and Net result for the year (-€18,235)
- Tangible fixed assets -€6,335
down €6,335 (-21.0%), from €30,214 to €23,878
of which Furniture and vehicles: -€5,313
- Receivables within one year -€1,961
down €1,961 (-2.6%), from €75,609 to €73,648
of which Trade receivables: -€6,670
- Reserves -€27,748
down €27,748 (-22.3%), from €124,433 to €96,685
- Other debts +€26,361
new in 2024: €26,361
- Profit (loss) carried forward -€18,235
new in 2024: -€18,235
- Tax, wage and social debts +€2,742
up €2,742 (+1044.9%), from €262 to €3,005
- Trade debts -€1,779
down €1,779 (-71.6%), from €2,485 to €706
- Gross operating margin -€6,865
down €6,865 (-163.0%), from -€4,211 to -€11,076
- Financial income +€2,372
up €2,372 (+132.0%), from €1,797 to €4,168
- Other operating charges +€499
up €499 (+109.8%), from €454 to €953
- Financial charges -€249
down €249 (-65.6%), from €379 to €130
- Depreciation -€173
down €173 (-1.7%), from €10,278 to €10,104
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €127,280 | €108,621 | -€18,659 | -14.7% |
| Fixed assets | 21/28 | €30,214 | €23,878 | -€6,335 | -21.0% |
| Tangible fixed assets | 22/27 | €30,214 | €23,878 | -€6,335 | -21.0% |
| Land and buildings | 22 | €120 | - | -€120 | |
| Plant, machinery and equipment | 23 | €2,430 | €1,528 | -€902 | -37.1% |
| Furniture and vehicles | 24 | €27,663 | €22,350 | -€5,313 | -19.2% |
| Current assets | 29/58 | €97,067 | €84,743 | -€12,324 | -12.7% |
| Stocks and contracts in progress | 3 | €2,607 | €2,349 | -€258 | -9.9% |
| Stocks | 30/36 | €2,607 | €2,349 | -€258 | -9.9% |
| Amounts receivable within one year | 40/41 | €75,609 | €73,648 | -€1,961 | -2.6% |
| Trade receivables | 40 | €8,562 | €1,892 | -€6,670 | -77.9% |
| Other amounts receivable | 41 | €67,047 | €71,756 | +€4,709 | +7.0% |
| Cash at bank and in hand | 54/58 | €17,880 | €7,746 | -€10,134 | -56.7% |
| Deferred charges and accrued income | 490/1 | €972 | €1,001 | +€29 | +3.0% |
| Total equity and liabilities | 10/49 | €127,280 | €108,621 | -€18,659 | -14.7% |
| Equity | 10/15 | €124,533 | €78,550 | -€45,984 | -36.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €124,433 | €96,685 | -€27,748 | -22.3% |
| Distributable reserves | 133 | €124,433 | €96,685 | -€27,748 | -22.3% |
| Profit (loss) carried forward | 14 | - | -€18,235 | -€18,235 | |
| Amounts payable | 17/49 | €2,747 | €30,072 | +€27,324 | +994.6% |
| Amounts payable within one year | 42/48 | €2,747 | €30,072 | +€27,324 | +994.6% |
| Trade debts | 44 | €2,485 | €706 | -€1,779 | -71.6% |
| Suppliers | 440/4 | €2,485 | €706 | -€1,779 | -71.6% |
| Taxes, remuneration and social security | 45 | €262 | €3,005 | +€2,742 | +1044.9% |
| Taxes | 450/3 | €262 | €3,005 | +€2,742 | +1044.9% |
| Other amounts payable | 47/48 | - | €26,361 | +€26,361 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,278 | €10,104 | -€173 | -1.7% |
| Other operating charges | 640/8 | €454 | €953 | +€499 | +109.8% |
| Gross operating margin | 9900 | -€4,211 | -€11,076 | -€6,865 | -163.0% |
| Operating profit (loss) | 9901 | -€14,943 | -€22,134 | -€7,191 | -48.1% |
| Financial income | 75/76B | €1,797 | €4,168 | +€2,372 | +132.0% |
| Recurring financial income | 75 | €1,797 | €4,168 | +€2,372 | +132.0% |
| Financial charges | 65/66B | €379 | €130 | -€249 | -65.6% |
| Recurring financial charges | 65 | €379 | €130 | -€249 | -65.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,525 | -€18,096 | -€4,571 | -33.8% |
| Income taxes | 67/77 | €139 | €140 | +€0 | +0.1% |
| Profit (loss) for the period | 9904 | -€13,665 | -€18,235 | -€4,571 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,665 | -€18,235 | -€4,571 | -33.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.