DV ENGINEERING: 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.
DV ENGINEERING
Largest movements
- Cash +€7,627
up €7,627 (+47.3%), from €16,115 to €23,742
mainly Net result for the year (+€6,781) and Tax, wage and social debts (+€1,767)
- Receivables within one year -€1,232
down €1,232 (-16.1%), from €7,667 to €6,435
of which Other amounts receivable: -€1,313
- Tangible fixed assets +€838
up €838 (+47.7%), from €1,757 to €2,595
- Deferred charges and accrued income +€376
up €376 (+29.8%), from €1,261 to €1,637
- Reserves +€5,950
up €5,950 (+47.9%), from €12,420 to €18,370
- Tax, wage and social debts +€1,767
up €1,767 (+29.9%), from €5,917 to €7,684
- Trade debts -€1,236
down €1,236 (-26.7%), from €4,627 to €3,391
- Other debts +€1,131
up €1,131 (+136%), from €833 to €1,964
- Gross operating margin -€7,017
down €7,017 (-38.9%), from €18,040 to €11,024
- Taxes -€2,390
down €2,390 (-48.7%), from €4,912 to €2,522
- Other operating charges +€1,257
up €1,257 (+601%), from €209 to €1,466
- Depreciation +€514
up €514 (+348%), from €148 to €662
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 | €26,800 | €34,409 | +€7,609 | +28.4% |
| Fixed assets | 21/28 | €1,757 | €2,595 | +€838 | +47.7% |
| Tangible fixed assets | 22/27 | €1,757 | €2,595 | +€838 | +47.7% |
| Other tangible fixed assets | 26 | €1,757 | €2,595 | +€838 | +47.7% |
| Current assets | 29/58 | €25,043 | €31,815 | +€6,771 | +27.0% |
| Amounts receivable within one year | 40/41 | €7,667 | €6,435 | -€1,232 | -16.1% |
| Trade receivables | 40 | €109 | €190 | +€81 | +74.5% |
| Other amounts receivable | 41 | €7,558 | €6,245 | -€1,313 | -17.4% |
| Cash at bank and in hand | 54/58 | €16,115 | €23,742 | +€7,627 | +47.3% |
| Deferred charges and accrued income | 490/1 | €1,261 | €1,637 | +€376 | +29.8% |
| Total equity and liabilities | 10/49 | €26,800 | €34,409 | +€7,609 | +28.4% |
| Equity | 10/15 | €15,423 | €21,371 | +€5,948 | +38.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,420 | €18,370 | +€5,950 | +47.9% |
| Distributable reserves | 133 | €12,420 | €18,370 | +€5,950 | +47.9% |
| Profit (loss) carried forward | 14 | €3 | €1 | -€2 | -70.3% |
| Amounts payable | 17/49 | €11,377 | €13,038 | +€1,661 | +14.6% |
| Amounts payable within one year | 42/48 | €11,377 | €13,038 | +€1,661 | +14.6% |
| Trade debts | 44 | €4,627 | €3,391 | -€1,236 | -26.7% |
| Suppliers | 440/4 | €4,627 | €3,391 | -€1,236 | -26.7% |
| Taxes, remuneration and social security | 45 | €5,917 | €7,684 | +€1,767 | +29.9% |
| Taxes | 450/3 | €5,917 | €7,684 | +€1,767 | +29.9% |
| Other amounts payable | 47/48 | €833 | €1,964 | +€1,131 | +136% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148 | €662 | +€514 | +348% |
| Other operating charges | 640/8 | €209 | €1,466 | +€1,257 | +601% |
| Non-recurring operating charges | 66A | - | €68 | +€68 | |
| Gross operating margin | 9900 | €18,040 | €11,024 | -€7,017 | -38.9% |
| Operating profit (loss) | 9901 | €17,684 | €8,827 | -€8,857 | -50.1% |
| Financial income | 75/76B | €485 | €497 | +€12 | +2.4% |
| Recurring financial income | 75 | €485 | €497 | +€12 | +2.4% |
| Financial charges | 65/66B | €1 | €21 | +€20 | +3,347% |
| Recurring financial charges | 65 | €1 | €21 | +€20 | +3,347% |
| Profit (loss) for the period before taxes | 9903 | €18,168 | €9,303 | -€8,865 | -48.8% |
| Income taxes | 67/77 | €4,912 | €2,522 | -€2,390 | -48.7% |
| Profit (loss) for the period | 9904 | €13,256 | €6,781 | -€6,475 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,256 | €6,781 | -€6,475 | -48.8% |
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 14 October 2026 via checked.be.