DVDS: 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.
DVDS
Largest movements
- Stocks and contracts -€310,000
down €310,000 (-100%), from €310,000 to €0
- Current investments +€57,393
up €57,393 (+50.3%), from €113,991 to €171,384
- Receivables within one year -€21,731
down €21,731 (-31.5%), from €68,973 to €47,242
of which Other amounts receivable: -€52,690
- Cash -€11,459
down €11,459 (-36.6%), from €31,335 to €19,877
mainly Contributions, distributions and other (-€500,000) and Current investments (-€57,393)
- Contributions -€500,000
down €500,000 (-56.9%), from €878,600 to €378,600
- Profit (loss) carried forward +€135,491
up €135,491 (+37.2%), from -€364,320 to -€228,829
- Tax, wage and social debts +€79,275
up €79,275 (+1,469%), from €5,397 to €84,672
- Gross operating margin +€64,015
up €64,015 (+95.2%), from €67,271 to €131,286
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 | €524,299 | €238,503 | -€285,797 | -54.5% |
| Current assets | 29/58 | €524,299 | €238,503 | -€285,797 | -54.5% |
| Stocks and contracts in progress | 3 | €310,000 | €0 | -€310,000 | -100% |
| Stocks | 30/36 | €310,000 | €0 | -€310,000 | -100% |
| Amounts receivable within one year | 40/41 | €68,973 | €47,242 | -€21,731 | -31.5% |
| Trade receivables | 40 | €16,283 | €47,242 | +€30,959 | +190% |
| Other amounts receivable | 41 | €52,690 | €0 | -€52,690 | -100% |
| Current investments | 50/53 | €113,991 | €171,384 | +€57,393 | +50.3% |
| Cash at bank and in hand | 54/58 | €31,335 | €19,877 | -€11,459 | -36.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €524,299 | €238,503 | -€285,797 | -54.5% |
| Equity | 10/15 | €516,140 | €151,631 | -€364,509 | -70.6% |
| Contributions | 10/11 | €878,600 | €378,600 | -€500,000 | -56.9% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€364,320 | -€228,829 | +€135,491 | +37.2% |
| Amounts payable | 17/49 | €8,160 | €86,872 | +€78,712 | +965% |
| Amounts payable within one year | 42/48 | €8,160 | €86,872 | +€78,712 | +965% |
| Trade debts | 44 | €2,763 | €2,200 | -€563 | -20.4% |
| Suppliers | 440/4 | €2,763 | €2,200 | -€563 | -20.4% |
| Taxes, remuneration and social security | 45 | €5,397 | €84,672 | +€79,275 | +1,469% |
| Taxes | 450/3 | €5,397 | €84,672 | +€79,275 | +1,469% |
| Other operating charges | 640/8 | €209 | €1,184 | +€975 | +467% |
| Gross operating margin | 9900 | €67,271 | €131,286 | +€64,015 | +95.2% |
| Operating profit (loss) | 9901 | €67,062 | €130,102 | +€63,040 | +94.0% |
| Financial income | 75/76B | €6,299 | €5,443 | -€856 | -13.6% |
| Recurring financial income | 75 | €6,299 | €5,443 | -€856 | -13.6% |
| Financial charges | 65/66B | €45 | €54 | +€9 | +19.9% |
| Recurring financial charges | 65 | €45 | €54 | +€9 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | €73,316 | €135,491 | +€62,176 | +84.8% |
| Profit (loss) for the period | 9904 | €73,316 | €135,491 | +€62,176 | +84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €73,316 | €135,491 | +€62,176 | +84.8% |
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.