DV-MANAGEMENT: 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-MANAGEMENT
Largest movements
- Tangible fixed assets +€15,271
new in 2025: €15,271
- Receivables within one year +€10,571
up €10,571 (+1,118%), from €946 to €11,517
of which Trade receivables: +€10,650
- Other debts +€20,335
up €20,335 (+350%), from €5,818 to €26,153
- Profit (loss) carried forward +€5,697
up €5,697 (+64.9%), from -€8,775 to -€3,078
- Gross operating margin +€8,085
up €8,085, from -€1,764 to €6,321
- Depreciation +€360
new in 2025: €360
- Financial charges -€204
down €204 (-58.6%), from €347 to €144
- Other operating charges +€111
up €111 (+1,233%), from €9 to €120
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 | €1,043 | €27,075 | +€26,032 | +2,497% |
| Fixed assets | 21/28 | - | €15,271 | +€15,271 | |
| Tangible fixed assets | 22/27 | - | €15,271 | +€15,271 | |
| Plant, machinery and equipment | 23 | - | €15,271 | +€15,271 | |
| Current assets | 29/58 | €1,043 | €11,804 | +€10,762 | +1,032% |
| Amounts receivable within one year | 40/41 | €946 | €11,517 | +€10,571 | +1,118% |
| Trade receivables | 40 | €240 | €10,890 | +€10,650 | +4,438% |
| Other amounts receivable | 41 | €706 | €627 | -€79 | -11.2% |
| Cash at bank and in hand | 54/58 | €97 | €288 | +€191 | +198% |
| Total equity and liabilities | 10/49 | €1,043 | €27,075 | +€26,032 | +2,497% |
| Equity | 10/15 | -€4,775 | €922 | +€5,697 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,775 | -€3,078 | +€5,697 | +64.9% |
| Amounts payable | 17/49 | €5,818 | €26,153 | +€20,335 | +350% |
| Amounts payable within one year | 42/48 | €5,818 | €26,153 | +€20,335 | +350% |
| Other amounts payable | 47/48 | €5,818 | €26,153 | +€20,335 | +350% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €360 | +€360 | |
| Other operating charges | 640/8 | €9 | €120 | +€111 | +1,233% |
| Gross operating margin | 9900 | -€1,764 | €6,321 | +€8,085 | |
| Operating profit (loss) | 9901 | -€1,773 | €5,841 | +€7,614 | |
| Financial charges | 65/66B | €347 | €144 | -€204 | -58.6% |
| Recurring financial charges | 65 | €347 | €144 | -€204 | -58.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,120 | €5,697 | +€7,818 | |
| Profit (loss) for the period | 9904 | -€2,120 | €5,697 | +€7,818 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,120 | €5,697 | +€7,818 |
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 16 October 2026 via checked.be.