DV.VOLT: 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.VOLT
Largest movements
- Tangible fixed assets -€17,733
down €17,733 (-93.5%), from €18,967 to €1,233
of which Furniture and vehicles: -€17,733
- Stocks and contracts +€5,620
new in 2025: €5,620
- Receivables within one year +€4,781
up €4,781 (+7.8%), from €61,638 to €66,419
of which Other amounts receivable: +€13,381
- Debts after one year -€12,016
down €12,016 (-25.9%), from €46,478 to €34,462
- Trade debts -€7,326
down €7,326 (-50.3%), from €14,563 to €7,238
- Short-term financial debts +€5,256
new in 2025: €5,256
- Profit (loss) carried forward +€4,203
up €4,203 (+25.1%), from €16,728 to €20,931
- Tax, wage and social debts +€2,580
new in 2025: €2,580
- Gross operating margin +€23,171
up €23,171 (+207.6%), from €11,163 to €34,335
- Taxes +€6,109
new in 2025: €6,109
- Depreciation +€4,722
up €4,722 (+43.2%), from €10,928 to €15,650
- Financial charges +€1,455
up €1,455 (+118.7%), from €1,226 to €2,681
- Other operating charges -€640
down €640 (-59.9%), from €1,068 to €429
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 | €80,890 | €73,586 | -€7,303 | -9.0% |
| Fixed assets | 21/28 | €18,967 | €1,513 | -€17,453 | -92.0% |
| Tangible fixed assets | 22/27 | €18,967 | €1,233 | -€17,733 | -93.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €18,967 | €1,233 | -€17,733 | -93.5% |
| Financial fixed assets | 28 | - | €280 | +€280 | |
| Current assets | 29/58 | €61,923 | €72,073 | +€10,150 | +16.4% |
| Stocks and contracts in progress | 3 | - | €5,620 | +€5,620 | |
| Stocks | 30/36 | - | €5,620 | +€5,620 | |
| Amounts receivable within one year | 40/41 | €61,638 | €66,419 | +€4,781 | +7.8% |
| Trade receivables | 40 | €48,803 | €40,203 | -€8,600 | -17.6% |
| Other amounts receivable | 41 | €12,834 | €26,216 | +€13,381 | +104.3% |
| Cash at bank and in hand | 54/58 | €285 | €34 | -€251 | -88.0% |
| Total equity and liabilities | 10/49 | €80,890 | €73,586 | -€7,303 | -9.0% |
| Equity | 10/15 | €19,728 | €23,931 | +€4,203 | +21.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,728 | €20,931 | +€4,203 | +25.1% |
| Amounts payable | 17/49 | €61,161 | €49,656 | -€11,506 | -18.8% |
| Amounts payable after more than one year | 17 | €46,478 | €34,462 | -€12,016 | -25.9% |
| Financial debts | 170/4 | €46,478 | €34,462 | -€12,016 | -25.9% |
| Amounts payable within one year | 42/48 | €14,683 | €15,194 | +€511 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €120 | €120 | = | 0.0% |
| Financial debts | 43 | - | €5,256 | +€5,256 | |
| Credit institutions | 430/8 | - | €5,256 | +€5,256 | |
| Trade debts | 44 | €14,563 | €7,238 | -€7,326 | -50.3% |
| Suppliers | 440/4 | €14,563 | €7,238 | -€7,326 | -50.3% |
| Taxes, remuneration and social security | 45 | - | €2,580 | +€2,580 | |
| Taxes | 450/3 | - | €2,580 | +€2,580 | |
| Remuneration, social security and pensions | 62 | €115 | - | -€115 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,928 | €15,650 | +€4,722 | +43.2% |
| Other operating charges | 640/8 | €1,068 | €429 | -€640 | -59.9% |
| Non-recurring operating charges | 66A | - | €5,357 | +€5,357 | |
| Gross operating margin | 9900 | €11,163 | €34,335 | +€23,171 | +207.6% |
| Operating profit (loss) | 9901 | -€947 | €12,899 | +€13,847 | |
| Financial income | 75/76B | - | €94 | +€94 | |
| Recurring financial income | 75 | - | €94 | +€94 | |
| Non-recurring financial income | 76B | - | €94 | +€94 | |
| Financial charges | 65/66B | €1,226 | €2,681 | +€1,455 | +118.7% |
| Recurring financial charges | 65 | €1,226 | €2,681 | +€1,455 | +118.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,173 | €10,312 | +€12,485 | |
| Income taxes | 67/77 | - | €6,109 | +€6,109 | |
| Profit (loss) for the period | 9904 | -€2,173 | €4,203 | +€6,376 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,173 | €4,203 | +€6,376 |
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.