DV Project Development: 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 Project Development
Largest movements
- Stocks and contracts +€2.4m
new in 2025: €2.4m
- Cash +€58,213
up €58,213 (+224.0%), from €25,990 to €84,202
mainly Current portion of long-term debt (+€1.7m) and Debts after one year (+€658,268)
- Current portion of long-term debt +€1.7m
new in 2025: €1.7m
- Debts after one year +€658,268
new in 2025: €658,268
- Trade debts +€30,546
up €30,546 (+3898.8%), from €783 to €31,330
- Financial charges +€632
up €632 (+818.9%), from €77 to €709
- Gross operating margin -€605
down €605 (-14.0%), from -€4,330 to -€4,935
- Other operating charges -€387
down €387 (-100.0%), from €387 to €0
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.
Cash bridge derived
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 | €25,990 | €2,440,481 | +€2.4m | +9290.2% |
| Current assets | 29/58 | €25,990 | €2,440,481 | +€2.4m | +9290.2% |
| Stocks and contracts in progress | 3 | - | €2,356,278 | +€2.4m | |
| Stocks | 30/36 | - | €2,356,278 | +€2.4m | |
| Cash at bank and in hand | 54/58 | €25,990 | €84,202 | +€58,213 | +224.0% |
| Total equity and liabilities | 10/49 | €25,990 | €2,440,481 | +€2.4m | +9290.2% |
| Equity | 10/15 | €25,206 | €19,562 | -€5,644 | -22.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,794 | -€10,438 | -€5,644 | -117.7% |
| Amounts payable | 17/49 | €783 | €2,420,919 | +€2.4m | +308895.6% |
| Amounts payable after more than one year | 17 | - | €658,268 | +€658,268 | |
| Financial debts | 170/4 | - | €658,268 | +€658,268 | |
| Amounts payable within one year | 42/48 | €783 | €1,762,651 | +€1.8m | +224877.2% |
| Current portion of amounts payable after more than one year | 42 | - | €1,731,322 | +€1.7m | |
| Trade debts | 44 | €783 | €31,330 | +€30,546 | +3898.8% |
| Suppliers | 440/4 | €783 | €31,330 | +€30,546 | +3898.8% |
| Other operating charges | 640/8 | €387 | €0 | -€387 | -100.0% |
| Gross operating margin | 9900 | -€4,330 | -€4,935 | -€605 | -14.0% |
| Operating profit (loss) | 9901 | -€4,717 | -€4,935 | -€218 | -4.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €77 | €709 | +€632 | +818.9% |
| Recurring financial charges | 65 | €77 | €709 | +€632 | +818.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,794 | -€5,644 | -€850 | -17.7% |
| Profit (loss) for the period | 9904 | -€4,794 | -€5,644 | -€850 | -17.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,794 | -€5,644 | -€850 | -17.7% |
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 9 October 2026 via checked.be.