DV RENOVATIONS: 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 RENOVATIONS
Largest movements
- Cash +€16,520
up €16,520 (+51.8%), from €31,891 to €48,410
mainly Net result for the year (+€6,612) and Receivables within one year (+€5,301)
- Receivables within one year -€5,301
down €5,301 (-73.4%), from €7,224 to €1,923
of which Other amounts receivable: -€5,124
- Deferred charges and accrued income +€880
up €880 (+510%), from €173 to €1,053
- Reserves +€6,612
up €6,612 (+24.9%), from €26,574 to €33,187
- Other debts +€4,029
new in 2025: €4,029
- Trade debts +€1,415
up €1,415 (+333%), from €424 to €1,839
- Gross operating margin -€16,130
down €16,130 (-60.7%), from €26,576 to €10,446
- Taxes -€4,081
down €4,081 (-56.5%), from €7,228 to €3,147
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 | €39,287 | €51,386 | +€12,098 | +30.8% |
| Current assets | 29/58 | €39,287 | €51,386 | +€12,098 | +30.8% |
| Amounts receivable within one year | 40/41 | €7,224 | €1,923 | -€5,301 | -73.4% |
| Trade receivables | 40 | €2,100 | €1,923 | -€177 | -8.4% |
| Other amounts receivable | 41 | €5,124 | €0 | -€5,124 | -100% |
| Cash at bank and in hand | 54/58 | €31,891 | €48,410 | +€16,520 | +51.8% |
| Deferred charges and accrued income | 490/1 | €173 | €1,053 | +€880 | +510% |
| Total equity and liabilities | 10/49 | €39,287 | €51,386 | +€12,098 | +30.8% |
| Equity | 10/15 | €28,574 | €35,187 | +€6,612 | +23.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €26,574 | €33,187 | +€6,612 | +24.9% |
| Distributable reserves | 133 | €26,574 | €33,187 | +€6,612 | +24.9% |
| Amounts payable | 17/49 | €10,713 | €16,199 | +€5,486 | +51.2% |
| Amounts payable within one year | 42/48 | €10,713 | €16,187 | +€5,474 | +51.1% |
| Trade debts | 44 | €424 | €1,839 | +€1,415 | +333% |
| Suppliers | 440/4 | €424 | €1,839 | +€1,415 | +333% |
| Advances received on contracts in progress | 46 | - | €389 | +€389 | |
| Taxes, remuneration and social security | 45 | €10,289 | €9,931 | -€358 | -3.5% |
| Taxes | 450/3 | €10,289 | €9,931 | -€358 | -3.5% |
| Other amounts payable | 47/48 | - | €4,029 | +€4,029 | |
| Accrued charges and deferred income | 492/3 | - | €12 | +€12 | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Other operating charges | 640/8 | €509 | €409 | -€101 | -19.8% |
| Gross operating margin | 9900 | €26,576 | €10,446 | -€16,130 | -60.7% |
| Operating profit (loss) | 9901 | €26,067 | €10,037 | -€16,030 | -61.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €53 | €278 | +€226 | +430% |
| Recurring financial charges | 65 | €53 | €278 | +€226 | +430% |
| Profit (loss) for the period before taxes | 9903 | €26,014 | €9,759 | -€16,255 | -62.5% |
| Income taxes | 67/77 | €7,228 | €3,147 | -€4,081 | -56.5% |
| Profit (loss) for the period | 9904 | €18,787 | €6,612 | -€12,174 | -64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,787 | €6,612 | -€12,174 | -64.8% |
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 17 October 2026 via checked.be.