DV Fly: 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 Fly
Largest movements
- Cash -€48,925
down €48,925 (-61.6%), from €79,483 to €30,558
mainly Contributions, distributions and other (-€119,461) and Investment in fixed assets (net) (-€44,556)
- Tangible fixed assets +€26,678
up €26,678 (+43.9%), from €60,739 to €87,417
of which Land and buildings: +€39,460
- Receivables within one year -€2,669
down €2,669 (-35.3%), from €7,566 to €4,897
of which Other amounts receivable: -€7,013
- Profit (loss) carried forward -€114,461
down €114,461 (-100%), from €114,461 to €0
- Other debts +€87,207
up €87,207 (+2,190%), from €3,982 to €91,189
- Tax, wage and social debts +€17,373
up €17,373 (+755%), from €2,302 to €19,674
- Current portion of long-term debt -€8,919
down €8,919 (-58.4%), from €15,263 to €6,344
- Debts after one year -€6,344
down €6,344 (-100%), from €6,344 to €0
- Gross operating margin +€27,863
up €27,863, from -€2,394 to €25,470
- Depreciation +€1,120
up €1,120 (+6.7%), from €16,758 to €17,878
- Financial income +€303
up €303 (+3,031,600%), from €0 to €303
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 | €148,096 | €123,286 | -€24,810 | -16.8% |
| Fixed assets | 21/28 | €60,739 | €87,417 | +€26,678 | +43.9% |
| Tangible fixed assets | 22/27 | €60,739 | €87,417 | +€26,678 | +43.9% |
| Land and buildings | 22 | €31,481 | €70,941 | +€39,460 | +125% |
| Furniture and vehicles | 24 | €653 | €242 | -€411 | -63.0% |
| Leasing and similar rights | 25 | €28,605 | €16,234 | -€12,371 | -43.2% |
| Current assets | 29/58 | €87,357 | €35,869 | -€51,488 | -58.9% |
| Amounts receivable within one year | 40/41 | €7,566 | €4,897 | -€2,669 | -35.3% |
| Trade receivables | 40 | - | €4,344 | +€4,344 | |
| Other amounts receivable | 41 | €7,566 | €553 | -€7,013 | -92.7% |
| Cash at bank and in hand | 54/58 | €79,483 | €30,558 | -€48,925 | -61.6% |
| Deferred charges and accrued income | 490/1 | €307 | €414 | +€106 | +34.6% |
| Total equity and liabilities | 10/49 | €148,096 | €123,286 | -€24,810 | -16.8% |
| Equity | 10/15 | €119,461 | €5,000 | -€114,461 | -95.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,461 | €0 | -€114,461 | -100% |
| Amounts payable | 17/49 | €28,635 | €118,286 | +€89,651 | +313% |
| Amounts payable after more than one year | 17 | €6,344 | €0 | -€6,344 | -100% |
| Financial debts | 170/4 | €6,344 | €0 | -€6,344 | -100% |
| Amounts payable within one year | 42/48 | €22,292 | €118,286 | +€95,995 | +431% |
| Current portion of amounts payable after more than one year | 42 | €15,263 | €6,344 | -€8,919 | -58.4% |
| Trade debts | 44 | €745 | €1,079 | +€334 | +44.8% |
| Suppliers | 440/4 | €745 | €1,079 | +€334 | +44.8% |
| Taxes, remuneration and social security | 45 | €2,302 | €19,674 | +€17,373 | +755% |
| Taxes | 450/3 | €2,302 | €19,674 | +€17,373 | +755% |
| Other amounts payable | 47/48 | €3,982 | €91,189 | +€87,207 | +2,190% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,758 | €17,878 | +€1,120 | +6.7% |
| Other operating charges | 640/8 | €2,189 | €2,162 | -€27 | -1.2% |
| Gross operating margin | 9900 | -€2,394 | €25,470 | +€27,863 | |
| Operating profit (loss) | 9901 | -€21,340 | €5,430 | +€26,770 | |
| Financial income | 75/76B | €0 | €303 | +€303 | +3,031,600% |
| Recurring financial income | 75 | €0 | €303 | +€303 | +3,031,600% |
| Financial charges | 65/66B | €808 | €733 | -€75 | -9.2% |
| Recurring financial charges | 65 | €808 | €733 | -€75 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | -€22,148 | €5,000 | +€27,148 | |
| Income taxes | 67/77 | €184 | €0 | -€184 | -100% |
| Profit (loss) for the period | 9904 | -€22,332 | €5,000 | +€27,332 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,332 | €5,000 | +€27,332 |
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 23 October 2026 via checked.be.