DVA Management: what changed
Two fiscal 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.
DVA Management
Largest movements
- Cash -€12,649
down €12,649 (-63.5%), from €19,905 to €7,257
mainly Deferred charges and accrued income (-€7,032) and Receivables within one year (-€6,490)
- Deferred charges and accrued income +€7,032
new in 2025: €7,032
- Receivables within one year +€6,490
up €6,490 (+300.3%), from €2,161 to €8,651
of which Trade receivables: +€8,112
- Tax, wage and social debts -€2,529
down €2,529 (-44.8%), from €5,640 to €3,111
- Profit (loss) carried forward +€1,717
up €1,717 (+14.1%), from €12,211 to €13,928
- Other debts +€1,039
up €1,039 (+121.0%), from €859 to €1,898
- Trade debts +€582
up €582 (+124.9%), from €466 to €1,048
- Gross operating margin -€11,761
down €11,761 (-66.1%), from €17,789 to €6,028
- Taxes -€1,770
down €1,770 (-49.8%), from €3,554 to €1,784
- Depreciation -€1,060
no longer reported in 2025 (was €1,060)
- Other operating charges +€799
new in 2025: €799
- Financial charges +€790
up €790 (+752.5%), from €105 to €895
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 | €22,176 | €23,050 | +€873 | +3.9% |
| Fixed assets | 21/28 | €110 | €110 | = | 0.0% |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €22,066 | €22,940 | +€873 | +4.0% |
| Amounts receivable within one year | 40/41 | €2,161 | €8,651 | +€6,490 | +300.3% |
| Trade receivables | 40 | - | €8,112 | +€8,112 | |
| Other amounts receivable | 41 | €2,161 | €539 | -€1,622 | -75.1% |
| Cash at bank and in hand | 54/58 | €19,905 | €7,257 | -€12,649 | -63.5% |
| Deferred charges and accrued income | 490/1 | - | €7,032 | +€7,032 | |
| Total equity and liabilities | 10/49 | €22,176 | €23,050 | +€873 | +3.9% |
| Equity | 10/15 | €15,211 | €16,928 | +€1,717 | +11.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,211 | €13,928 | +€1,717 | +14.1% |
| Amounts payable | 17/49 | €6,965 | €6,122 | -€844 | -12.1% |
| Amounts payable within one year | 42/48 | €6,965 | €6,057 | -€908 | -13.0% |
| Trade debts | 44 | €466 | €1,048 | +€582 | +124.9% |
| Suppliers | 440/4 | €466 | €1,048 | +€582 | +124.9% |
| Taxes, remuneration and social security | 45 | €5,640 | €3,111 | -€2,529 | -44.8% |
| Taxes | 450/3 | €5,640 | €3,111 | -€2,529 | -44.8% |
| Other amounts payable | 47/48 | €859 | €1,898 | +€1,039 | +121.0% |
| Accrued charges and deferred income | 492/3 | - | €64 | +€64 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,060 | - | -€1,060 | |
| Other operating charges | 640/8 | - | €799 | +€799 | |
| Gross operating margin | 9900 | €17,789 | €6,028 | -€11,761 | -66.1% |
| Operating profit (loss) | 9901 | €16,729 | €5,229 | -€11,500 | -68.7% |
| Financial charges | 65/66B | €105 | €895 | +€790 | +752.5% |
| Recurring financial charges | 65 | €105 | €895 | +€790 | +752.5% |
| Profit (loss) for the period before taxes | 9903 | €16,624 | €4,334 | -€12,290 | -73.9% |
| Income taxes | 67/77 | €3,554 | €1,784 | -€1,770 | -49.8% |
| Profit (loss) for the period | 9904 | €13,070 | €2,550 | -€10,520 | -80.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,070 | €2,550 | -€10,520 | -80.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.