DV CONVEST: 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.
What changed
DV CONVEST
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€217,419
2024 · €16,786+€200,633
Equity
€3.9m
2024 · €3.6m+€217,419
Cash
€3,346
2024 · €411+€2,936
Balance sheet total
€5.2m
2024 · €5.3m-€22,224
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Reserves +€479,143
up €479,143 (+20.2%), from €2.4m to €2.9m
- Profit (loss) carried forward -€261,724
down €261,724 (-100%), from €261,724 to €0
- Debts after one year -€250,000
down €250,000 (-25.0%), from €1.0m to €750,000
- Other debts +€100,655
up €100,655 (+43.7%), from €230,430 to €331,085
- Current portion of long-term debt -€62,500
down €62,500 (-20.0%), from €312,500 to €250,000
Income statement
- Financial income +€199,973
up €199,973 (+726,647%), from €28 to €200,001
- Turnover +€23,750
up €23,750 (+7.3%), from €325,000 to €348,750
- Services and other goods +€20,674
up €20,674 (+7.9%), from €262,684 to €283,358
- Financial charges +€3,863
up €3,863 (+10.0%), from €38,736 to €42,599
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.
Result 2024
€16,786
Turnover
+€23,750
Other operating income
+€1,418
Goods and materials
+€1,450
Services and other goods
-€20,674
Other operating charges
-€1,244
Financial income
+€199,973
Financial charges
-€3,863
Taxes
-€178
Result 2025
€217,419
raises the resultlowers the result
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.
From operations
+€315,436
Investment
€0
Financing
-€312,500
Cash 2024
€411
From operations (derived)
+€315,436
Net result for the year
+€217,419
Receivables within one year
+€24,997
Deferred charges and accrued income
+€163
Trade debts
-€19,527
Other debts
+€100,655
Accrued charges and deferred income
-€8,271
Financing
-€312,500
Debts after one year
-€250,000
Current portion of long-term debt
-€62,500
Cash 2025
€3,346
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,253,110 | €5,230,886 | -€22,224 | -0.4% |
| Fixed assets | 21/28 | €5,175,706 | €5,175,706 | = | 0.0% |
| Financial fixed assets | 28 | €5,175,706 | €5,175,706 | = | 0.0% |
| Affiliated companies | 280/1 | €5,175,706 | €5,175,706 | = | 0.0% |
| Participating interests | 280 | €5,175,706 | €5,175,706 | = | 0.0% |
| Current assets | 29/58 | €77,405 | €55,180 | -€22,224 | -28.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €76,830 | €51,834 | -€24,997 | -32.5% |
| Trade receivables | 40 | €76,450 | €51,619 | -€24,832 | -32.5% |
| Other amounts receivable | 41 | €380 | €215 | -€165 | -43.4% |
| Cash at bank and in hand | 54/58 | €411 | €3,346 | +€2,936 | +715% |
| Deferred charges and accrued income | 490/1 | €163 | €0 | -€163 | -100% |
| Total equity and liabilities | 10/49 | €5,253,110 | €5,230,886 | -€22,224 | -0.4% |
| Equity | 10/15 | €3,637,024 | €3,854,443 | +€217,419 | +6.0% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €2,375,300 | €2,854,443 | +€479,143 | +20.2% |
| Distributable reserves | 133 | €2,375,300 | €2,854,443 | +€479,143 | +20.2% |
| Profit (loss) carried forward | 14 | €261,724 | €0 | -€261,724 | -100% |
| Amounts payable | 17/49 | €1,616,086 | €1,376,444 | -€239,643 | -14.8% |
| Amounts payable after more than one year | 17 | €1,000,000 | €750,000 | -€250,000 | -25.0% |
| Financial debts | 170/4 | €1,000,000 | €750,000 | -€250,000 | -25.0% |
| Other loans | 174 | €1,000,000 | €750,000 | -€250,000 | -25.0% |
| Amounts payable within one year | 42/48 | €607,816 | €626,444 | +€18,628 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €312,500 | €250,000 | -€62,500 | -20.0% |
| Trade debts | 44 | €64,886 | €45,359 | -€19,527 | -30.1% |
| Suppliers | 440/4 | €64,886 | €45,359 | -€19,527 | -30.1% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €230,430 | €331,085 | +€100,655 | +43.7% |
| Accrued charges and deferred income | 492/3 | €8,271 | €0 | -€8,271 | -100% |
| Operating income | 70/76A | €326,450 | €351,619 | +€25,168 | +7.7% |
| Turnover | 70 | €325,000 | €348,750 | +€23,750 | +7.3% |
| Other operating income | 74 | €1,450 | €2,869 | +€1,418 | +97.8% |
| Operating charges | 60/66A | €265,328 | €285,796 | +€20,468 | +7.7% |
| Goods for resale, raw materials and consumables | 60 | €1,450 | €0 | -€1,450 | -100% |
| Purchases | 600/8 | €1,450 | €0 | -€1,450 | -100% |
| Services and other goods | 61 | €262,684 | €283,358 | +€20,674 | +7.9% |
| Other operating charges | 640/8 | €1,194 | €2,437 | +€1,244 | +104% |
| Operating profit (loss) | 9901 | €61,123 | €65,823 | +€4,701 | +7.7% |
| Financial income | 75/76B | €28 | €200,001 | +€199,973 | +726,647% |
| Recurring financial income | 75 | €28 | €200,001 | +€199,973 | +726,647% |
| Income from financial fixed assets | 750 | €28 | €0 | -€28 | -100% |
| Income from current assets | 751 | - | €200,000 | +€200,000 | |
| Other financial income | 752/9 | - | €1 | +€1 | |
| Financial charges | 65/66B | €38,736 | €42,599 | +€3,863 | +10.0% |
| Recurring financial charges | 65 | €38,736 | €42,599 | +€3,863 | +10.0% |
| Debt charges | 650 | €38,674 | €42,546 | +€3,872 | +10.0% |
| Other financial charges | 652/9 | €62 | €53 | -€9 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €22,414 | €223,225 | +€200,811 | +896% |
| Income taxes | 67/77 | €5,628 | €5,806 | +€178 | +3.2% |
| Taxes | 670/3 | €5,628 | €5,806 | +€178 | +3.2% |
| Profit (loss) for the period | 9904 | €16,786 | €217,419 | +€200,633 | +1,195% |
| Profit (loss) for the period to be appropriated | 9905 | €16,786 | €217,419 | +€200,633 | +1,195% |
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 20 October 2026 via checked.be.