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DVB1: 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.

What changed

DVB1

BE 0757.789.932
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€28,886
2024 · €7,657+€21,228
Equity
€38,488
2024 · €9,602+€28,886
Cash
€40,090
2024 · €10,614+€29,476
Balance sheet total
€604,601
2024 · €575,715+€28,886

Largest movements

2024 to 2025
Assets
  • Cash +€29,476

    up €29,476 (+277.7%), from €10,614 to €40,090

    mainly Net result for the year (+€28,886) and Receivables within one year (+€590)

Equity and liabilities
  • Profit (loss) carried forward +€15,398

    up €15,398, from -€15,398 to €0

  • Reserves +€13,488

    new in 2025: €13,488

Income statement
  • Financial income +€21,960

    up €21,960 (+182.4%), from €12,040 to €34,000

  • Gross operating margin -€762

    down €762 (-20.1%), from -€3,787 to -€4,550

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €7,657
Gross operating margin -€762
Other operating charges -€14
Financial income +€21,960
Financial charges +€45
Result 2025 €28,886

Cash bridge derived

cash 2024 to 2025

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.

From operations +€29,476
Investment €0
Financing €0
Cash 2024 €10,614
Net result for the year +€28,886
Receivables within one year +€590
Cash 2025 €40,090
Every line side by side 28 lines
Line Code 2024 2025 Change %
Total assets 20/58 €575,715 €604,601 +€28,886 +5.0%
Fixed assets 21/28 €564,511 €564,511 = 0.0%
Financial fixed assets 28 €564,511 €564,511 = 0.0%
Current assets 29/58 €11,204 €40,090 +€28,886 +257.8%
Amounts receivable within one year 40/41 €590 €0 -€590 -100.0%
Other amounts receivable 41 €590 €0 -€590 -100.0%
Cash at bank and in hand 54/58 €10,614 €40,090 +€29,476 +277.7%
Total equity and liabilities 10/49 €575,715 €604,601 +€28,886 +5.0%
Equity 10/15 €9,602 €38,488 +€28,886 +300.8%
Contributions 10/11 €25,000 €25,000 = 0.0%
Reserves 13 - €13,488 +€13,488
Distributable reserves 133 - €13,488 +€13,488
Profit (loss) carried forward 14 -€15,398 €0 +€15,398
Amounts payable 17/49 €566,113 €566,113 = 0.0%
Amounts payable within one year 42/48 €566,113 €566,113 = 0.0%
Trade debts 44 €0 - =
Suppliers 440/4 €0 - =
Other amounts payable 47/48 €566,113 €566,113 = 0.0%
Other operating charges 640/8 €505 €520 +€14 +2.8%
Gross operating margin 9900 -€3,787 -€4,550 -€762 -20.1%
Operating profit (loss) 9901 -€4,293 -€5,069 -€777 -18.1%
Financial income 75/76B €12,040 €34,000 +€21,960 +182.4%
Recurring financial income 75 €12,040 €34,000 +€21,960 +182.4%
Financial charges 65/66B €90 €45 -€45 -49.9%
Recurring financial charges 65 €90 €45 -€45 -49.9%
Profit (loss) for the period before taxes 9903 €7,657 €28,886 +€21,228 +277.2%
Profit (loss) for the period 9904 €7,657 €28,886 +€21,228 +277.2%
Profit (loss) for the period to be appropriated 9905 €7,657 €28,886 +€21,228 +277.2%

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 29 September 2026 via checked.be.