DVDP: 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.
DVDP
Largest movements
- Receivables within one year +€12,016
up €12,016 (+25.6%), from €46,928 to €58,944
of which Trade receivables: +€21,780
- Cash -€4,092
down €4,092 (-88.1%), from €4,642 to €550
mainly Receivables within one year (-€12,016) and Debts after one year (-€11,657)
- Profit (loss) carried forward +€11,885
no longer reported in 2025 (was -€11,885)
- Debts after one year -€11,657
down €11,657 (-22.0%), from €52,975 to €41,318
- Tax, wage and social debts +€5,694
up €5,694 (+1,113%), from €512 to €6,206
- Reserves +€4,731
up €4,731 (+2.3%), from €207,595 to €212,326
of which Distributable reserves: +€4,731
- Short-term financial debts -€3,392
no longer reported in 2025 (was €3,392)
- Financial income +€14,999
new in 2025: €14,999
of which Financial income: +€14,999
- Gross operating margin +€14,103
up €14,103, from -€2,126 to €11,977
- Taxes +€1,223
up €1,223 (+451%), from €271 to €1,494
- Financial charges -€883
down €883 (-12.4%), from €7,141 to €6,258
- Other operating charges -€595
down €595 (-65.6%), from €908 to €313
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 | €273,267 | €281,183 | +€7,916 | +2.9% |
| Fixed assets | 21/28 | €93,141 | €91,679 | -€1,462 | -1.6% |
| Tangible fixed assets | 22/27 | €2,993 | €1,532 | -€1,461 | -48.8% |
| Plant, machinery and equipment | 23 | €2,993 | €1,532 | -€1,461 | -48.8% |
| Financial fixed assets | 28 | €90,148 | €90,147 | -€1 | 0.0% |
| Current assets | 29/58 | €180,126 | €189,504 | +€9,378 | +5.2% |
| Amounts receivable after more than one year | 29 | €128,033 | €128,033 | = | 0.0% |
| Other amounts receivable | 291 | €128,033 | €128,033 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46,928 | €58,944 | +€12,016 | +25.6% |
| Trade receivables | 40 | €908 | €22,688 | +€21,780 | +2,400% |
| Other amounts receivable | 41 | €46,021 | €36,257 | -€9,764 | -21.2% |
| Cash at bank and in hand | 54/58 | €4,642 | €550 | -€4,092 | -88.1% |
| Deferred charges and accrued income | 490/1 | €523 | €1,976 | +€1,454 | +278% |
| Total equity and liabilities | 10/49 | €273,267 | €281,183 | +€7,916 | +2.9% |
| Equity | 10/15 | €209,710 | €226,326 | +€16,617 | +7.9% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | €207,595 | €212,326 | +€4,731 | +2.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €205,735 | €210,466 | +€4,731 | +2.3% |
| Profit (loss) carried forward | 14 | -€11,885 | - | +€11,885 | |
| Amounts payable | 17/49 | €63,557 | €54,856 | -€8,701 | -13.7% |
| Amounts payable after more than one year | 17 | €52,975 | €41,318 | -€11,657 | -22.0% |
| Financial debts | 170/4 | €52,975 | €41,318 | -€11,657 | -22.0% |
| Amounts payable within one year | 42/48 | €10,582 | €11,467 | +€885 | +8.4% |
| Financial debts | 43 | €3,392 | - | -€3,392 | |
| Credit institutions | 430/8 | €3,392 | - | -€3,392 | |
| Trade debts | 44 | €4,120 | €4,121 | +€1 | 0.0% |
| Suppliers | 440/4 | €4,120 | €4,121 | +€1 | 0.0% |
| Taxes, remuneration and social security | 45 | €512 | €6,206 | +€5,694 | +1,113% |
| Taxes | 450/3 | €512 | €6,206 | +€5,694 | +1,113% |
| Other amounts payable | 47/48 | €2,559 | €1,140 | -€1,419 | -55.4% |
| Accrued charges and deferred income | 492/3 | - | €2,071 | +€2,071 | |
| Non-recurring operating income | 76A | €1,928 | - | -€1,928 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,438 | €1,461 | +€22 | +1.6% |
| Other operating charges | 640/8 | €908 | €313 | -€595 | -65.6% |
| Gross operating margin | 9900 | -€2,126 | €11,977 | +€14,103 | |
| Operating profit (loss) | 9901 | -€4,473 | €10,203 | +€14,676 | |
| Financial income | 75/76B | - | €14,999 | +€14,999 | |
| Recurring financial income | 75 | - | €14,999 | +€14,999 | |
| Non-recurring financial income | 76B | - | €14,999 | +€14,999 | |
| Financial charges | 65/66B | €7,141 | €6,258 | -€883 | -12.4% |
| Recurring financial charges | 65 | €7,141 | €6,258 | -€883 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,614 | €18,944 | +€30,558 | |
| Income taxes | 67/77 | €271 | €1,494 | +€1,223 | +451% |
| Profit (loss) for the period | 9904 | -€11,885 | €17,450 | +€29,335 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,885 | €17,450 | +€29,335 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.