DVDB Consulting: 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.
DVDB Consulting
Largest movements
- Receivables within one year -€24,764
down €24,764 (-24.9%), from €99,275 to €74,510
of which Trade receivables: -€34,444
- Cash +€7,256
up €7,256 (+14.5%), from €50,056 to €57,313
mainly Receivables within one year (+€24,764) and Net result for the year (+€18,466)
- Tangible fixed assets -€1,661
down €1,661 (-17.6%), from €9,457 to €7,797
of which Furniture and vehicles: -€1,256
- Advances received -€18,150
down €18,150 (-100%), from €18,150 to €0
- Reserves -€13,409
down €13,409 (-20.5%), from €65,447 to €52,038
- Other debts +€12,514
up €12,514 (+438%), from €2,858 to €15,373
- Profit (loss) carried forward +€5,221
up €5,221, from -€5,221 to €0
- Current portion of long-term debt -€3,947
down €3,947 (-100%), from €3,947 to €0
- Gross operating margin +€26,684
up €26,684 (+10.6%), from €252,722 to €279,406
- Taxes +€7,238
up €7,238 (+179%), from €4,032 to €11,270
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 | €165,699 | €148,015 | -€17,683 | -10.7% |
| Fixed assets | 21/28 | €9,757 | €8,097 | -€1,661 | -17.0% |
| Tangible fixed assets | 22/27 | €9,457 | €7,797 | -€1,661 | -17.6% |
| Plant, machinery and equipment | 23 | €1,693 | €1,289 | -€404 | -23.9% |
| Furniture and vehicles | 24 | €7,764 | €6,508 | -€1,256 | -16.2% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €155,941 | €139,919 | -€16,023 | -10.3% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €99,275 | €74,510 | -€24,764 | -24.9% |
| Trade receivables | 40 | €99,275 | €64,830 | -€34,444 | -34.7% |
| Other amounts receivable | 41 | €0 | €9,680 | +€9,680 | |
| Cash at bank and in hand | 54/58 | €50,056 | €57,313 | +€7,256 | +14.5% |
| Deferred charges and accrued income | 490/1 | €6,610 | €8,095 | +€1,485 | +22.5% |
| Total equity and liabilities | 10/49 | €165,699 | €148,015 | -€17,683 | -10.7% |
| Equity | 10/15 | €60,226 | €52,038 | -€8,188 | -13.6% |
| Reserves | 13 | €65,447 | €52,038 | -€13,409 | -20.5% |
| Distributable reserves | 133 | €65,447 | €52,038 | -€13,409 | -20.5% |
| Profit (loss) carried forward | 14 | -€5,221 | €0 | +€5,221 | |
| Amounts payable | 17/49 | €105,473 | €95,977 | -€9,496 | -9.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €94,715 | €86,245 | -€8,470 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €3,947 | €0 | -€3,947 | -100% |
| Trade debts | 44 | €17,038 | €18,911 | +€1,873 | +11.0% |
| Suppliers | 440/4 | €17,038 | €18,911 | +€1,873 | +11.0% |
| Advances received on contracts in progress | 46 | €18,150 | €0 | -€18,150 | -100% |
| Taxes, remuneration and social security | 45 | €52,722 | €51,962 | -€760 | -1.4% |
| Taxes | 450/3 | €29,151 | €31,558 | +€2,407 | +8.3% |
| Remuneration and social security | 454/9 | €23,571 | €20,404 | -€3,167 | -13.4% |
| Other amounts payable | 47/48 | €2,858 | €15,373 | +€12,514 | +438% |
| Accrued charges and deferred income | 492/3 | €10,758 | €9,732 | -€1,026 | -9.5% |
| Remuneration, social security and pensions | 62 | €234,188 | €232,912 | -€1,276 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,012 | €4,189 | -€1,823 | -30.3% |
| Other operating charges | 640/8 | €1,502 | €686 | -€816 | -54.3% |
| Gross operating margin | 9900 | €252,722 | €279,406 | +€26,684 | +10.6% |
| Operating profit (loss) | 9901 | €11,020 | €41,619 | +€30,599 | +278% |
| Financial income | 75/76B | €0 | €1 | +€0 | +229% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +229% |
| Financial charges | 65/66B | €10,758 | €11,884 | +€1,126 | +10.5% |
| Recurring financial charges | 65 | €10,758 | €11,884 | +€1,126 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €262 | €29,735 | +€29,473 | +11,236% |
| Income taxes | 67/77 | €4,032 | €11,270 | +€7,238 | +179% |
| Profit (loss) for the period | 9904 | -€3,770 | €18,466 | +€22,235 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,770 | €18,466 | +€22,235 |
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.