DVconsus: 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.
DVconsus
Largest movements
- Cash -€35,978
down €35,978 (-23.8%), from €151,215 to €115,237
mainly Contributions, distributions and other (-€39,924) and Other debts (-€28,077)
- Receivables within one year -€4,427
down €4,427 (-18.2%), from €24,292 to €19,865
of which Trade receivables: -€7,798
- Other debts -€28,077
down €28,077 (-39.2%), from €71,550 to €43,473
- Tax, wage and social debts -€17,851
down €17,851 (-81.0%), from €22,049 to €4,198
- Accrued charges and deferred income +€4,456
new in 2025: €4,456
- Gross operating margin -€34,569
down €34,569 (-38.9%), from €88,810 to €54,241
- Taxes -€6,922
down €6,922 (-36.8%), from €18,796 to €11,874
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.
Cash bridge derived
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 | €206,450 | €163,322 | -€43,127 | -20.9% |
| Fixed assets | 21/28 | €4,968 | €3,221 | -€1,747 | -35.2% |
| Tangible fixed assets | 22/27 | €4,968 | €3,221 | -€1,747 | -35.2% |
| Furniture and vehicles | 24 | €4,968 | €3,221 | -€1,747 | -35.2% |
| Current assets | 29/58 | €201,482 | €160,102 | -€41,380 | -20.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €24,292 | €19,865 | -€4,427 | -18.2% |
| Trade receivables | 40 | €24,221 | €16,423 | -€7,798 | -32.2% |
| Other amounts receivable | 41 | €71 | €3,442 | +€3,370 | +4719.8% |
| Current investments | 50/53 | €25,000 | €25,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €151,215 | €115,237 | -€35,978 | -23.8% |
| Deferred charges and accrued income | 490/1 | €975 | €0 | -€975 | -100.0% |
| Total equity and liabilities | 10/49 | €206,450 | €163,322 | -€43,127 | -20.9% |
| Equity | 10/15 | €110,839 | €110,839 | = | 0.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €90,839 | €90,839 | = | 0.0% |
| Distributable reserves | 133 | €90,839 | €90,839 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €95,610 | €52,483 | -€43,127 | -45.1% |
| Amounts payable within one year | 42/48 | €95,610 | €48,027 | -€47,583 | -49.8% |
| Trade debts | 44 | €2,011 | €356 | -€1,655 | -82.3% |
| Suppliers | 440/4 | €2,011 | €356 | -€1,655 | -82.3% |
| Taxes, remuneration and social security | 45 | €22,049 | €4,198 | -€17,851 | -81.0% |
| Taxes | 450/3 | €22,049 | €4,198 | -€17,851 | -81.0% |
| Other amounts payable | 47/48 | €71,550 | €43,473 | -€28,077 | -39.2% |
| Accrued charges and deferred income | 492/3 | - | €4,456 | +€4,456 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,852 | €1,747 | -€105 | -5.6% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €88,810 | €54,241 | -€34,569 | -38.9% |
| Operating profit (loss) | 9901 | €86,840 | €52,374 | -€34,466 | -39.7% |
| Financial income | 75/76B | €1,438 | €1,053 | -€385 | -26.7% |
| Recurring financial income | 75 | €1,438 | €1,053 | -€385 | -26.7% |
| Financial charges | 65/66B | €1,579 | €1,630 | +€50 | +3.2% |
| Recurring financial charges | 65 | €1,579 | €1,630 | +€50 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €86,699 | €51,798 | -€34,901 | -40.3% |
| Income taxes | 67/77 | €18,796 | €11,874 | -€6,922 | -36.8% |
| Profit (loss) for the period | 9904 | €67,903 | €39,924 | -€27,979 | -41.2% |
| Profit (loss) for the period to be appropriated | 9905 | €67,903 | €39,924 | -€27,979 | -41.2% |
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 1 October 2026 via checked.be.