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DVB3: 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

DVB3

BE 0767.454.595
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€5,751
2024 · €47,188-€52,939
Equity
€123,982
2024 · €129,733-€5,751
Cash
€13,407
2024 · €27,446-€14,039
Balance sheet total
€442,406
2024 · €1.4m-€984,039

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€970,000

    down €970,000 (-69.3%), from €1.4m to €428,899

Equity and liabilities
  • Other debts -€970,000

    down €970,000 (-75.3%), from €1.3m to €318,423

Income statement
  • Financial income -€60,358

    down €60,358 (-100.0%), from €60,358 to €0

  • Taxes -€8,289

    down €8,289 (-100.0%), from €8,289 to €0

  • Other operating charges +€613

    up €613 (+121.3%), from €505 to €1,118

  • Gross operating margin -€255

    down €255 (-5.9%), from -€4,332 to -€4,587

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 €47,188
Gross operating margin -€255
Other operating charges -€613
Financial income -€60,358
Financial charges -€2
Taxes +€8,289
Result 2025 -€5,751

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 -€14,039
Investment €0
Financing €0
Cash 2024 €27,446
Net result for the year -€5,751
Receivables within one year +€970,000
Tax, wage and social debts -€8,289
Other debts -€970,000
Cash 2025 €13,407
Every line side by side 31 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,426,445 €442,406 -€984,039 -69.0%
Fixed assets 21/28 €100 €100 = 0.0%
Financial fixed assets 28 €100 €100 = 0.0%
Current assets 29/58 €1,426,345 €442,306 -€984,039 -69.0%
Amounts receivable within one year 40/41 €1,398,899 €428,899 -€970,000 -69.3%
Other amounts receivable 41 €1,398,899 €428,899 -€970,000 -69.3%
Cash at bank and in hand 54/58 €27,446 €13,407 -€14,039 -51.2%
Total equity and liabilities 10/49 €1,426,445 €442,406 -€984,039 -69.0%
Equity 10/15 €129,733 €123,982 -€5,751 -4.4%
Contributions 10/11 €100,000 €100,000 = 0.0%
Reserves 13 €29,733 €23,982 -€5,751 -19.3%
Distributable reserves 133 €29,733 €23,982 -€5,751 -19.3%
Profit (loss) carried forward 14 €0 - =
Amounts payable 17/49 €1,296,712 €318,423 -€978,289 -75.4%
Amounts payable within one year 42/48 €1,296,712 €318,423 -€978,289 -75.4%
Trade debts 44 €0 - =
Suppliers 440/4 €0 - =
Taxes, remuneration and social security 45 €8,289 €0 -€8,289 -100.0%
Taxes 450/3 €8,289 €0 -€8,289 -100.0%
Other amounts payable 47/48 €1,288,423 €318,423 -€970,000 -75.3%
Other operating charges 640/8 €505 €1,118 +€613 +121.3%
Gross operating margin 9900 -€4,332 -€4,587 -€255 -5.9%
Operating profit (loss) 9901 -€4,837 -€5,706 -€868 -18.0%
Financial income 75/76B €60,358 €0 -€60,358 -100.0%
Recurring financial income 75 €60,358 €0 -€60,358 -100.0%
Financial charges 65/66B €44 €45 +€2 +3.4%
Recurring financial charges 65 €44 €45 +€2 +3.4%
Profit (loss) for the period before taxes 9903 €55,477 -€5,751 -€61,228
Income taxes 67/77 €8,289 €0 -€8,289 -100.0%
Profit (loss) for the period 9904 €47,188 -€5,751 -€52,939
Profit (loss) for the period to be appropriated 9905 €47,188 -€5,751 -€52,939

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.