DVancoillie: 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.
DVancoillie
Largest movements
- Receivables after one year -€86,074
down €86,074 (-51.9%), from €165,791 to €79,716
- Cash +€53,496
up €53,496 (+81.9%), from €65,296 to €118,792
mainly Net result for the year (+€145,238) and Receivables after one year (+€86,074)
- Tangible fixed assets -€42,037
down €42,037 (-13.5%), from €312,308 to €270,272
of which Leasing and similar rights: -€23,803
- Receivables within one year +€17,702
up €17,702 (+54.8%), from €32,298 to €50,000
of which Other amounts receivable: +€50,000
- Debts after one year -€33,288
down €33,288 (-13.5%), from €246,080 to €212,792
- Trade debts -€24,259
down €24,259 (-79.4%), from €30,554 to €6,294
- Tax, wage and social debts +€6,404
up €6,404 (+9.4%), from €67,879 to €74,284
- Gross operating margin +€115,974
up €115,974 (+80.3%), from €144,375 to €260,349
- Taxes +€37,013
up €37,013 (+162%), from €22,893 to €59,906
- Other operating charges -€12,120
down €12,120 (-68.0%), from €17,818 to €5,698
- Depreciation -€3,009
down €3,009 (-6.7%), from €45,045 to €42,037
- Financial charges +€2,998
up €2,998 (+39.3%), from €7,630 to €10,628
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 | €585,600 | €529,302 | -€56,298 | -9.6% |
| Fixed assets | 21/28 | €312,308 | €270,272 | -€42,037 | -13.5% |
| Tangible fixed assets | 22/27 | €312,308 | €270,272 | -€42,037 | -13.5% |
| Land and buildings | 22 | €228,417 | €215,304 | -€13,113 | -5.7% |
| Plant, machinery and equipment | 23 | €236 | - | -€236 | |
| Furniture and vehicles | 24 | €12,767 | €7,883 | -€4,884 | -38.3% |
| Leasing and similar rights | 25 | €70,888 | €47,085 | -€23,803 | -33.6% |
| Current assets | 29/58 | €273,292 | €259,030 | -€14,261 | -5.2% |
| Amounts receivable after more than one year | 29 | €165,791 | €79,716 | -€86,074 | -51.9% |
| Other amounts receivable | 291 | €165,791 | €79,716 | -€86,074 | -51.9% |
| Amounts receivable within one year | 40/41 | €32,298 | €50,000 | +€17,702 | +54.8% |
| Trade receivables | 40 | €32,298 | - | -€32,298 | |
| Other amounts receivable | 41 | - | €50,000 | +€50,000 | |
| Current investments | 50/53 | €7,420 | €7,420 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €65,296 | €118,792 | +€53,496 | +81.9% |
| Deferred charges and accrued income | 490/1 | €2,487 | €3,102 | +€614 | +24.7% |
| Total equity and liabilities | 10/49 | €585,600 | €529,302 | -€56,298 | -9.6% |
| Equity | 10/15 | €203,929 | €199,167 | -€4,762 | -2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €183,469 | €178,707 | -€4,762 | -2.6% |
| Amounts payable | 17/49 | €381,671 | €330,135 | -€51,536 | -13.5% |
| Amounts payable after more than one year | 17 | €246,080 | €212,792 | -€33,288 | -13.5% |
| Financial debts | 170/4 | €246,080 | €212,792 | -€33,288 | -13.5% |
| Amounts payable within one year | 42/48 | €134,891 | €116,644 | -€18,248 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €36,458 | €36,066 | -€393 | -1.1% |
| Trade debts | 44 | €30,554 | €6,294 | -€24,259 | -79.4% |
| Suppliers | 440/4 | €30,554 | €6,294 | -€24,259 | -79.4% |
| Taxes, remuneration and social security | 45 | €67,879 | €74,284 | +€6,404 | +9.4% |
| Taxes | 450/3 | €67,879 | €74,284 | +€6,404 | +9.4% |
| Accrued charges and deferred income | 492/3 | €700 | €700 | = | 0.0% |
| Non-recurring operating income | 76A | - | €12,573 | +€12,573 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,045 | €42,037 | -€3,009 | -6.7% |
| Other operating charges | 640/8 | €17,818 | €5,698 | -€12,120 | -68.0% |
| Gross operating margin | 9900 | €144,375 | €260,349 | +€115,974 | +80.3% |
| Operating profit (loss) | 9901 | €81,512 | €212,614 | +€131,102 | +161% |
| Financial income | 75/76B | €4,324 | €3,157 | -€1,167 | -27.0% |
| Recurring financial income | 75 | €4,324 | €3,157 | -€1,167 | -27.0% |
| Financial charges | 65/66B | €7,630 | €10,628 | +€2,998 | +39.3% |
| Recurring financial charges | 65 | €7,630 | €10,628 | +€2,998 | +39.3% |
| Profit (loss) for the period before taxes | 9903 | €78,206 | €205,144 | +€126,937 | +162% |
| Income taxes | 67/77 | €22,893 | €59,906 | +€37,013 | +162% |
| Profit (loss) for the period | 9904 | €55,313 | €145,238 | +€89,924 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €55,313 | €145,238 | +€89,924 | +163% |
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 15 October 2026 via checked.be.