DV INVEST: what changed
What changed
DV INVEST
NACE 26.700, Manufacture of computer, electronic and optical products
filed annual accounts (NBB)
Net result for the year
-€37,390
2024 · €760-€38,150
Equity
€620,441
2024 · €657,831-€37,390
Cash
€3,860
2024 · €2,129+€1,731
Balance sheet total
€980,523
2024 · €895,233+€85,290
Largest movements
Assets
- Receivables within one year +€107,586
up €107,586 (+19.2%), from €559,456 to €667,042
of which Trade receivables: +€135,717
- Tangible fixed assets -€24,107
down €24,107 (-7.2%), from €332,648 to €308,541
of which Land and buildings: -€21,628
Equity and liabilities
- Trade debts +€140,592
up €140,592 (+297%), from €47,292 to €187,885
- Reserves -€74,756
down €74,756 (-97.6%), from €76,615 to €1,859
of which Tax-exempt reserves: -€74,756
- Profit (loss) carried forward +€37,366
up €37,366 (+6.6%), from €562,666 to €600,031
- Provisions -€24,919
no longer reported in 2025 (was €24,919)
Income statement
- Write-downs +€55,417
up €55,417 (+264%), from €21,000 to €76,417
- Taxes +€13,249
up €13,249 (+2,995%), from €442 to €13,692
- Gross operating margin +€4,011
up €4,011 (+4.9%), from €82,019 to €86,030
- Depreciation -€2,595
down €2,595 (-9.7%), from €26,702 to €24,107
- Financial charges +€2,382
up €2,382 (+55.5%), from €4,296 to €6,678
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€760
Gross operating margin
+€4,011
Staff costs
+€1,712
Depreciation
+€2,595
Write-downs
-€55,417
Other operating charges
-€360
Financial income
+€23
Financial charges
-€2,382
Taxes
-€13,249
Deferred taxes and other
+€24,919
Result 2025
-€37,390
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€4,571
Investment
€0
Financing
-€2,840
Cash 2024
€2,129
From operations (derived)
+€4,571
Net result for the year
-€37,390
Depreciation
+€24,107
Receivables within one year
-€107,586
Deferred charges and accrued income
-€80
Provisions
-€24,919
Trade debts
+€140,592
Tax, wage and social debts
+€7,894
Accrued charges and deferred income
+€1,952
Financing
-€2,840
Current portion of long-term debt
-€2,840
Cash 2025
€3,860
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €895,233 | €980,523 | +€85,290 | +9.5% |
| Fixed assets | 21/28 | €332,648 | €308,541 | -€24,107 | -7.2% |
| Tangible fixed assets | 22/27 | €332,648 | €308,541 | -€24,107 | -7.2% |
| Land and buildings | 22 | €325,120 | €303,492 | -€21,628 | -6.7% |
| Plant, machinery and equipment | 23 | €6,576 | €4,509 | -€2,068 | -31.4% |
| Furniture and vehicles | 24 | €952 | €540 | -€412 | -43.3% |
| Current assets | 29/58 | €562,585 | €671,982 | +€109,397 | +19.4% |
| Amounts receivable within one year | 40/41 | €559,456 | €667,042 | +€107,586 | +19.2% |
| Trade receivables | 40 | €4,456 | €140,174 | +€135,717 | +3,045% |
| Other amounts receivable | 41 | €555,000 | €526,869 | -€28,132 | -5.1% |
| Cash at bank and in hand | 54/58 | €2,129 | €3,860 | +€1,731 | +81.3% |
| Deferred charges and accrued income | 490/1 | €1,000 | €1,080 | +€80 | +8.0% |
| Total equity and liabilities | 10/49 | €895,233 | €980,523 | +€85,290 | +9.5% |
| Equity | 10/15 | €657,831 | €620,441 | -€37,390 | -5.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €76,615 | €1,859 | -€74,756 | -97.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €74,756 | - | -€74,756 | |
| Profit (loss) carried forward | 14 | €562,666 | €600,031 | +€37,366 | +6.6% |
| Provisions and deferred taxes | 16 | €24,919 | - | -€24,919 | |
| Deferred taxes | 168 | €24,919 | - | -€24,919 | |
| Amounts payable | 17/49 | €212,484 | €360,083 | +€147,598 | +69.5% |
| Amounts payable after more than one year | 17 | €122,287 | €122,287 | = | 0.0% |
| Financial debts | 170/4 | €122,287 | €122,287 | = | 0.0% |
| Amounts payable within one year | 42/48 | €87,401 | €233,048 | +€145,647 | +167% |
| Current portion of amounts payable after more than one year | 42 | €5,747 | €2,907 | -€2,840 | -49.4% |
| Trade debts | 44 | €47,292 | €187,885 | +€140,592 | +297% |
| Suppliers | 440/4 | €47,292 | €187,885 | +€140,592 | +297% |
| Taxes, remuneration and social security | 45 | €7,261 | €15,156 | +€7,894 | +109% |
| Taxes | 450/3 | €6,183 | €14,134 | +€7,951 | +129% |
| Remuneration and social security | 454/9 | €1,078 | €1,021 | -€57 | -5.2% |
| Other amounts payable | 47/48 | €27,101 | €27,101 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,796 | €4,748 | +€1,952 | +69.8% |
| Remuneration, social security and pensions | 62 | €13,492 | €11,780 | -€1,712 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,702 | €24,107 | -€2,595 | -9.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,000 | €76,417 | +€55,417 | +264% |
| Other operating charges | 640/8 | €15,327 | €15,687 | +€360 | +2.3% |
| Gross operating margin | 9900 | €82,019 | €86,030 | +€4,011 | +4.9% |
| Operating profit (loss) | 9901 | €5,498 | -€41,962 | -€47,460 | |
| Financial income | 75/76B | €0 | €23 | +€23 | +14,375% |
| Recurring financial income | 75 | €0 | €23 | +€23 | +14,375% |
| Financial charges | 65/66B | €4,296 | €6,678 | +€2,382 | +55.5% |
| Recurring financial charges | 65 | €4,296 | €6,678 | +€2,382 | +55.5% |
| Profit (loss) for the period before taxes | 9903 | €1,202 | -€48,617 | -€49,819 | |
| Transfer from deferred taxes | 780 | - | €24,919 | +€24,919 | |
| Income taxes | 67/77 | €442 | €13,692 | +€13,249 | +2,995% |
| Profit (loss) for the period | 9904 | €760 | -€37,390 | -€38,150 | |
| Transfer from tax-exempt reserves | 789 | - | €74,756 | +€74,756 | |
| Profit (loss) for the period to be appropriated | 9905 | €760 | €37,366 | +€36,606 | +4,819% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.