DVABuild: 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.
DVABuild
Largest movements
- Receivables within one year +€46,198
up €46,198 (+180.2%), from €25,639 to €71,837
of which Trade receivables: +€44,502
- Cash -€5,995
down €5,995 (-67.8%), from €8,836 to €2,842
mainly Receivables within one year (-€46,198) and Investment in fixed assets (net) (-€20,069)
- Tangible fixed assets +€2,889
up €2,889 (+4.8%), from €59,867 to €62,756
of which Furniture and vehicles: +€6,248
- Deferred charges and accrued income -€1,418
down €1,418 (-100.0%), from €1,418 to €0
- Reserves +€30,821
up €30,821 (+65.5%), from €47,059 to €77,880
- Trade debts +€15,857
up €15,857 (+5467.4%), from €290 to €16,147
- Debts after one year -€6,123
down €6,123 (-26.8%), from €22,835 to €16,712
- Gross operating margin -€10,155
down €10,155 (-15.1%), from €67,285 to €57,130
- Depreciation +€7,127
up €7,127 (+70.9%), from €10,053 to €17,180
- Taxes -€3,159
down €3,159 (-29.5%), from €10,708 to €7,549
- Financial income -€1,851
down €1,851 (-70.1%), from €2,640 to €789
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 | €95,762 | €137,435 | +€41,674 | +43.5% |
| Fixed assets | 21/28 | €59,867 | €62,756 | +€2,889 | +4.8% |
| Tangible fixed assets | 22/27 | €59,867 | €62,756 | +€2,889 | +4.8% |
| Plant, machinery and equipment | 23 | €24,822 | €29,300 | +€4,478 | +18.0% |
| Furniture and vehicles | 24 | - | €6,248 | +€6,248 | |
| Leasing and similar rights | 25 | €35,045 | €27,208 | -€7,838 | -22.4% |
| Current assets | 29/58 | €35,894 | €74,679 | +€38,785 | +108.1% |
| Amounts receivable within one year | 40/41 | €25,639 | €71,837 | +€46,198 | +180.2% |
| Trade receivables | 40 | €25,204 | €69,706 | +€44,502 | +176.6% |
| Other amounts receivable | 41 | €435 | €2,131 | +€1,696 | +389.8% |
| Cash at bank and in hand | 54/58 | €8,836 | €2,842 | -€5,995 | -67.8% |
| Deferred charges and accrued income | 490/1 | €1,418 | €0 | -€1,418 | -100.0% |
| Total equity and liabilities | 10/49 | €95,762 | €137,435 | +€41,674 | +43.5% |
| Equity | 10/15 | €50,059 | €80,880 | +€30,821 | +61.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €47,059 | €77,880 | +€30,821 | +65.5% |
| Distributable reserves | 133 | €47,059 | €77,880 | +€30,821 | +65.5% |
| Amounts payable | 17/49 | €45,702 | €56,555 | +€10,853 | +23.7% |
| Amounts payable after more than one year | 17 | €22,835 | €16,712 | -€6,123 | -26.8% |
| Financial debts | 170/4 | €22,835 | €16,712 | -€6,123 | -26.8% |
| Amounts payable within one year | 42/48 | €22,867 | €39,676 | +€16,809 | +73.5% |
| Current portion of amounts payable after more than one year | 42 | €5,706 | €6,123 | +€418 | +7.3% |
| Trade debts | 44 | €290 | €16,147 | +€15,857 | +5467.4% |
| Suppliers | 440/4 | €290 | €16,147 | +€15,857 | +5467.4% |
| Taxes, remuneration and social security | 45 | €15,040 | €15,947 | +€907 | +6.0% |
| Taxes | 450/3 | €15,040 | €10,137 | -€4,903 | -32.6% |
| Remuneration and social security | 454/9 | - | €5,810 | +€5,810 | |
| Other amounts payable | 47/48 | €1,832 | €1,459 | -€372 | -20.3% |
| Accrued charges and deferred income | 492/3 | - | €167 | +€167 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,053 | €17,180 | +€7,127 | +70.9% |
| Other operating charges | 640/8 | €653 | €296 | -€357 | -54.7% |
| Gross operating margin | 9900 | €67,285 | €57,130 | -€10,155 | -15.1% |
| Operating profit (loss) | 9901 | €56,580 | €39,654 | -€16,925 | -29.9% |
| Financial income | 75/76B | €2,640 | €789 | -€1,851 | -70.1% |
| Recurring financial income | 75 | €2,640 | €789 | -€1,851 | -70.1% |
| Financial charges | 65/66B | €1,453 | €2,074 | +€621 | +42.8% |
| Recurring financial charges | 65 | €1,453 | €2,074 | +€621 | +42.8% |
| Profit (loss) for the period before taxes | 9903 | €57,767 | €38,370 | -€19,398 | -33.6% |
| Income taxes | 67/77 | €10,708 | €7,549 | -€3,159 | -29.5% |
| Profit (loss) for the period | 9904 | €47,059 | €30,821 | -€16,238 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,059 | €30,821 | -€16,238 | -34.5% |
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 30 September 2026 via checked.be.