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DVB2: 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

DVB2

BE 0767.454.397
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€80
2024 · -€3,792+€3,712
Equity
€33,574
2024 · €33,654-€80
Cash
€7,628
2024 · €13,692-€6,064
Balance sheet total
€2.7m
2024 · €33,654+€2.6m

Largest movements

2024 to 2025
Assets
  • Financial fixed assets +€2.3m

    up €2.3m (+115000000.0%), from €2 to €2.3m

  • Receivables within one year +€348,498

    up €348,498 (+1746.0%), from €19,960 to €368,458

    of which Other amounts receivable: +€342,448

Equity and liabilities
  • Other debts +€2.6m

    new in 2025: €2.6m

Income statement
  • Financial income +€51,894

    up €51,894 (+8565.7%), from €606 to €52,500

  • Gross operating margin -€48,167

    down €48,167 (-1251.5%), from -€3,849 to -€52,015

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 -€3,792
Gross operating margin -€48,167
Other operating charges -€14
Financial income +€51,894
Financial charges -€2
Result 2025 -€80

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 +€2.3m
Investment -€2.3m
Financing €0
Cash 2024 €13,692
Net result for the year -€80
Receivables within one year -€348,498
Trade debts +€66
Other debts +€2.6m
Investment in fixed assets (net) -€2.3m
Cash 2025 €7,628
Every line side by side 27 lines
Line Code 2024 2025 Change %
Total assets 20/58 €33,654 €2,676,088 +€2.6m +7851.8%
Fixed assets 21/28 €2 €2,300,002 +€2.3m +115000000.0%
Financial fixed assets 28 €2 €2,300,002 +€2.3m +115000000.0%
Current assets 29/58 €33,652 €376,086 +€342,434 +1017.6%
Amounts receivable within one year 40/41 €19,960 €368,458 +€348,498 +1746.0%
Trade receivables 40 - €6,050 +€6,050
Other amounts receivable 41 €19,960 €362,408 +€342,448 +1715.7%
Cash at bank and in hand 54/58 €13,692 €7,628 -€6,064 -44.3%
Total equity and liabilities 10/49 €33,654 €2,676,088 +€2.6m +7851.8%
Equity 10/15 €33,654 €33,574 -€80 -0.2%
Contributions 10/11 €50,000 €50,000 = 0.0%
Profit (loss) carried forward 14 -€16,346 -€16,426 -€80 -0.5%
Amounts payable 17/49 €0 €2,642,514 +€2.6m
Amounts payable within one year 42/48 €0 €2,642,514 +€2.6m
Trade debts 44 €0 €66 +€66
Suppliers 440/4 €0 €66 +€66
Other amounts payable 47/48 - €2,642,448 +€2.6m
Other operating charges 640/8 €505 €520 +€14 +2.8%
Gross operating margin 9900 -€3,849 -€52,015 -€48,167 -1251.5%
Operating profit (loss) 9901 -€4,354 -€52,535 -€48,181 -1106.6%
Financial income 75/76B €606 €52,500 +€51,894 +8565.7%
Recurring financial income 75 €606 €52,500 +€51,894 +8565.7%
Financial charges 65/66B €44 €45 +€2 +3.5%
Recurring financial charges 65 €44 €45 +€2 +3.5%
Profit (loss) for the period before taxes 9903 -€3,792 -€80 +€3,712 +97.9%
Profit (loss) for the period 9904 -€3,792 -€80 +€3,712 +97.9%
Profit (loss) for the period to be appropriated 9905 -€3,792 -€80 +€3,712 +97.9%

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.