DV Service: 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 Service
Largest movements
- Tangible fixed assets +€57,803
up €57,803 (+12.5%), from €462,546 to €520,349
of which Land and buildings: +€49,934
- Cash -€40,620
down €40,620 (-27.5%), from €147,533 to €106,913
mainly Investment in fixed assets (net) (-€105,345) and Trade debts (-€70,830)
- Receivables within one year +€27,634
up €27,634 (+69.2%), from €39,941 to €67,574
of which Trade receivables: +€14,671
- Trade debts -€70,830
down €70,830 (-68.2%), from €103,782 to €32,952
- Debts after one year +€43,652
up €43,652 (+9.9%), from €441,783 to €485,435
- Profit (loss) carried forward +€42,367
up €42,367 (+100%), from €42,222 to €84,590
- Current portion of long-term debt +€20,674
new in 2025: €20,674
- Tax, wage and social debts +€8,141
up €8,141 (+140%), from €5,819 to €13,960
of which Taxes: +€8,141
- Gross operating margin +€64,162
up €64,162 (+111%), from €57,857 to €122,019
- Depreciation +€18,341
up €18,341 (+62.8%), from €29,201 to €47,542
- Financial charges +€9,672
up €9,672 (+87.5%), from €11,052 to €20,725
- Taxes +€7,942
up €7,942 (+316%), from €2,510 to €10,452
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 | €650,020 | €696,336 | +€46,317 | +7.1% |
| Fixed assets | 21/28 | €462,546 | €520,349 | +€57,803 | +12.5% |
| Tangible fixed assets | 22/27 | €462,546 | €520,349 | +€57,803 | +12.5% |
| Land and buildings | 22 | €381,230 | €431,165 | +€49,934 | +13.1% |
| Plant, machinery and equipment | 23 | €76,016 | €85,968 | +€9,952 | +13.1% |
| Furniture and vehicles | 24 | €5,300 | €3,217 | -€2,083 | -39.3% |
| Current assets | 29/58 | €187,473 | €175,987 | -€11,486 | -6.1% |
| Stocks and contracts in progress | 3 | - | €1,500 | +€1,500 | |
| Stocks | 30/36 | - | €1,500 | +€1,500 | |
| Amounts receivable within one year | 40/41 | €39,941 | €67,574 | +€27,634 | +69.2% |
| Trade receivables | 40 | €39,009 | €53,680 | +€14,671 | +37.6% |
| Other amounts receivable | 41 | €931 | €13,895 | +€12,963 | +1,392% |
| Cash at bank and in hand | 54/58 | €147,533 | €106,913 | -€40,620 | -27.5% |
| Total equity and liabilities | 10/49 | €650,020 | €696,336 | +€46,317 | +7.1% |
| Equity | 10/15 | €47,222 | €89,590 | +€42,367 | +89.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,222 | €84,590 | +€42,367 | +100% |
| Amounts payable | 17/49 | €602,798 | €606,747 | +€3,949 | +0.7% |
| Amounts payable after more than one year | 17 | €441,783 | €485,435 | +€43,652 | +9.9% |
| Financial debts | 170/4 | €441,783 | €485,435 | +€43,652 | +9.9% |
| Amounts payable within one year | 42/48 | €161,015 | €121,312 | -€39,703 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | - | €20,674 | +€20,674 | |
| Trade debts | 44 | €103,782 | €32,952 | -€70,830 | -68.2% |
| Suppliers | 440/4 | €103,782 | €32,952 | -€70,830 | -68.2% |
| Taxes, remuneration and social security | 45 | €5,819 | €13,960 | +€8,141 | +140% |
| Taxes | 450/3 | €3,569 | €11,710 | +€8,141 | +228% |
| Remuneration and social security | 454/9 | €2,250 | €2,250 | = | 0.0% |
| Other amounts payable | 47/48 | €51,414 | €53,726 | +€2,312 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,201 | €47,542 | +€18,341 | +62.8% |
| Other operating charges | 640/8 | €672 | €440 | -€232 | -34.5% |
| Gross operating margin | 9900 | €57,857 | €122,019 | +€64,162 | +111% |
| Operating profit (loss) | 9901 | €27,984 | €74,037 | +€46,053 | +165% |
| Financial income | 75/76B | - | €357 | +€357 | |
| Recurring financial income | 75 | - | €357 | +€357 | |
| Financial charges | 65/66B | €11,052 | €20,725 | +€9,672 | +87.5% |
| Recurring financial charges | 65 | €11,052 | €20,725 | +€9,672 | +87.5% |
| Profit (loss) for the period before taxes | 9903 | €16,932 | €53,669 | +€36,737 | +217% |
| Income taxes | 67/77 | €2,510 | €10,452 | +€7,942 | +316% |
| Profit (loss) for the period | 9904 | €14,422 | €43,217 | +€28,795 | +200% |
| Profit (loss) for the period to be appropriated | 9905 | €14,422 | €43,217 | +€28,795 | +200% |
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 22 October 2026 via checked.be.