DVCB: 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.
DVCB
Largest movements
- Tangible fixed assets -€15,875
down €15,875 (-43.3%), from €36,630 to €20,755
of which Leasing and similar rights: -€15,665
- Cash -€4,361
down €4,361 (-37.7%), from €11,581 to €7,220
mainly Debts after one year (-€13,834) and Current portion of long-term debt (-€3,600)
- Receivables within one year -€950
down €950 (-30.2%), from €3,144 to €2,195
- Debts after one year -€13,834
down €13,834 (-48.9%), from €28,302 to €14,467
- Current portion of long-term debt -€3,600
down €3,600 (-44.5%), from €8,098 to €4,498
- Trade debts -€1,819
down €1,819 (-66.3%), from €2,743 to €924
- Other debts -€1,530
down €1,530 (-86.0%), from €1,779 to €248
- Profit (loss) carried forward -€915
down €915, from €479 to -€436
- Other operating charges +€3,481
up €3,481 (+1,638%), from €213 to €3,694
- Gross operating margin +€2,440
up €2,440 (+25.2%), from €9,664 to €12,104
- Depreciation +€1,209
up €1,209 (+29.9%), from €4,048 to €5,257
- Financial charges -€256
down €256 (-7.3%), from €3,518 to €3,262
- Taxes +€200
up €200 (+33.0%), from €606 to €805
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 | €51,740 | €30,486 | -€21,254 | -41.1% |
| Fixed assets | 21/28 | €36,630 | €20,755 | -€15,875 | -43.3% |
| Tangible fixed assets | 22/27 | €36,630 | €20,755 | -€15,875 | -43.3% |
| Plant, machinery and equipment | 23 | €1,961 | €1,752 | -€210 | -10.7% |
| Leasing and similar rights | 25 | €34,669 | €19,004 | -€15,665 | -45.2% |
| Current assets | 29/58 | €15,110 | €9,731 | -€5,379 | -35.6% |
| Amounts receivable within one year | 40/41 | €3,144 | €2,195 | -€950 | -30.2% |
| Other amounts receivable | 41 | €3,144 | €2,195 | -€950 | -30.2% |
| Cash at bank and in hand | 54/58 | €11,581 | €7,220 | -€4,361 | -37.7% |
| Deferred charges and accrued income | 490/1 | €385 | €317 | -€68 | -17.7% |
| Total equity and liabilities | 10/49 | €51,740 | €30,486 | -€21,254 | -41.1% |
| Equity | 10/15 | €4,265 | €3,350 | -€915 | -21.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €1,286 | €1,286 | = | 0.0% |
| Distributable reserves | 133 | €1,286 | €1,286 | = | 0.0% |
| Profit (loss) carried forward | 14 | €479 | -€436 | -€915 | |
| Amounts payable | 17/49 | €47,475 | €27,136 | -€20,339 | -42.8% |
| Amounts payable after more than one year | 17 | €28,302 | €14,467 | -€13,834 | -48.9% |
| Financial debts | 170/4 | €28,302 | €14,467 | -€13,834 | -48.9% |
| Amounts payable within one year | 42/48 | €19,168 | €12,664 | -€6,505 | -33.9% |
| Current portion of amounts payable after more than one year | 42 | €8,098 | €4,498 | -€3,600 | -44.5% |
| Trade debts | 44 | €2,743 | €924 | -€1,819 | -66.3% |
| Suppliers | 440/4 | €2,743 | €924 | -€1,819 | -66.3% |
| Taxes, remuneration and social security | 45 | €6,548 | €6,993 | +€445 | +6.8% |
| Taxes | 450/3 | €3,896 | €4,341 | +€445 | +11.4% |
| Remuneration and social security | 454/9 | €2,652 | €2,652 | = | 0.0% |
| Other amounts payable | 47/48 | €1,779 | €248 | -€1,530 | -86.0% |
| Accrued charges and deferred income | 492/3 | €5 | €5 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,048 | €5,257 | +€1,209 | +29.9% |
| Other operating charges | 640/8 | €213 | €3,694 | +€3,481 | +1,638% |
| Gross operating margin | 9900 | €9,664 | €12,104 | +€2,440 | +25.2% |
| Operating profit (loss) | 9901 | €5,403 | €3,153 | -€2,250 | -41.6% |
| Financial charges | 65/66B | €3,518 | €3,262 | -€256 | -7.3% |
| Recurring financial charges | 65 | €3,518 | €3,262 | -€256 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €1,885 | -€109 | -€1,994 | |
| Income taxes | 67/77 | €606 | €805 | +€200 | +33.0% |
| Profit (loss) for the period | 9904 | €1,279 | -€915 | -€2,194 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,279 | -€915 | -€2,194 |
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 18 October 2026 via checked.be.