DVDB DARTS: 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.
DVDB DARTS
Largest movements
- Cash -€103,960
down €103,960 (-48.3%), from €215,234 to €111,273
mainly Net result for the year (-€94,077) and Debts after one year (-€20,555)
- Tangible fixed assets -€16,624
down €16,624 (-22.4%), from €74,088 to €57,464
of which Furniture and vehicles: -€14,354
- Reserves -€94,077
down €94,077 (-45.1%), from €208,662 to €114,585
- Debts after one year -€20,555
down €20,555 (-38.1%), from €53,889 to €33,334
- Other debts -€3,273
down €3,273 (-100.0%), from €3,273 to €0
- Gross operating margin -€136,623
down €136,623, from €105,923 to -€30,700
- Staff costs -€12,762
down €12,762 (-23.1%), from €55,156 to €42,394
- Financial income +€1,285
up €1,285 (+40.3%), from €3,188 to €4,473
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 | €304,379 | €186,198 | -€118,181 | -38.8% |
| Fixed assets | 21/28 | €74,088 | €57,464 | -€16,624 | -22.4% |
| Tangible fixed assets | 22/27 | €74,088 | €57,464 | -€16,624 | -22.4% |
| Land and buildings | 22 | - | €4,123 | +€4,123 | |
| Furniture and vehicles | 24 | €58,054 | €43,700 | -€14,354 | -24.7% |
| Leasing and similar rights | 25 | €16,034 | €9,641 | -€6,393 | -39.9% |
| Current assets | 29/58 | €230,291 | €128,734 | -€101,557 | -44.1% |
| Amounts receivable within one year | 40/41 | €15,057 | €17,461 | +€2,403 | +16.0% |
| Trade receivables | 40 | €1,664 | €6,873 | +€5,209 | +313.0% |
| Other amounts receivable | 41 | €13,393 | €10,588 | -€2,805 | -20.9% |
| Cash at bank and in hand | 54/58 | €215,234 | €111,273 | -€103,960 | -48.3% |
| Total equity and liabilities | 10/49 | €304,379 | €186,198 | -€118,181 | -38.8% |
| Equity | 10/15 | €208,762 | €114,685 | -€94,077 | -45.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €208,662 | €114,585 | -€94,077 | -45.1% |
| Distributable reserves | 133 | €208,662 | €114,585 | -€94,077 | -45.1% |
| Amounts payable | 17/49 | €95,617 | €71,513 | -€24,104 | -25.2% |
| Amounts payable after more than one year | 17 | €53,889 | €33,334 | -€20,555 | -38.1% |
| Financial debts | 170/4 | €53,889 | €33,334 | -€20,555 | -38.1% |
| Amounts payable within one year | 42/48 | €41,728 | €38,179 | -€3,549 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €17,750 | €18,517 | +€767 | +4.3% |
| Trade debts | 44 | €7,403 | €5,871 | -€1,532 | -20.7% |
| Suppliers | 440/4 | €7,403 | €5,871 | -€1,532 | -20.7% |
| Taxes, remuneration and social security | 45 | €13,302 | €13,791 | +€489 | +3.7% |
| Taxes | 450/3 | €483 | €1,100 | +€617 | +127.6% |
| Remuneration and social security | 454/9 | €12,819 | €12,691 | -€127 | -1.0% |
| Other amounts payable | 47/48 | €3,273 | €0 | -€3,273 | -100.0% |
| Remuneration, social security and pensions | 62 | €55,156 | €42,394 | -€12,762 | -23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,785 | €20,926 | +€140 | +0.7% |
| Other operating charges | 640/8 | €610 | €550 | -€59 | -9.7% |
| Gross operating margin | 9900 | €105,923 | -€30,700 | -€136,623 | |
| Operating profit (loss) | 9901 | €29,371 | -€94,570 | -€123,941 | |
| Financial income | 75/76B | €3,188 | €4,473 | +€1,285 | +40.3% |
| Recurring financial income | 75 | €3,188 | €4,473 | +€1,285 | +40.3% |
| Financial charges | 65/66B | €3,759 | €3,350 | -€409 | -10.9% |
| Recurring financial charges | 65 | €3,759 | €3,350 | -€409 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €28,800 | -€93,447 | -€122,247 | |
| Income taxes | 67/77 | €471 | €629 | +€159 | +33.7% |
| Profit (loss) for the period | 9904 | €28,329 | -€94,077 | -€122,406 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,329 | -€94,077 | -€122,406 |
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 7 October 2026 via checked.be.