DVE: 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.
DVE
Largest movements
- Tangible fixed assets -€5,415
down €5,415 (-20.8%), from €26,092 to €20,677
of which Furniture and vehicles: -€4,172
- Cash +€4,302
up €4,302 (+114.0%), from €3,772 to €8,074
mainly Other debts (+€39,576) and Net result for the year (+€11,079)
- Deferred charges and accrued income -€2,141
down €2,141 (-100.0%), from €2,141 to €0
- Profit (loss) carried forward -€41,016
down €41,016 (-100.0%), from €41,016 to €0
- Other debts +€39,576
up €39,576 (+1013.9%), from €3,903 to €43,479
- Trade debts -€4,238
down €4,238 (-52.1%), from €8,128 to €3,890
- Tax, wage and social debts +€2,862
up €2,862 (+29.1%), from €9,822 to €12,684
of which Taxes: +€2,862
- Gross operating margin -€10,829
down €10,829 (-34.6%), from €31,327 to €20,498
- Taxes -€2,638
down €2,638 (-44.0%), from €6,003 to €3,364
- Depreciation +€632
up €632 (+13.2%), from €4,784 to €5,415
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 | €62,969 | €60,153 | -€2,816 | -4.5% |
| Fixed assets | 21/28 | €26,092 | €20,677 | -€5,415 | -20.8% |
| Tangible fixed assets | 22/27 | €26,092 | €20,677 | -€5,415 | -20.8% |
| Furniture and vehicles | 24 | €12,967 | €8,795 | -€4,172 | -32.2% |
| Other tangible fixed assets | 26 | €13,125 | €11,882 | -€1,243 | -9.5% |
| Assets under construction and advance payments | 27 | €0 | €0 | = | |
| Current assets | 29/58 | €36,877 | €39,476 | +€2,599 | +7.0% |
| Amounts receivable within one year | 40/41 | €30,964 | €31,402 | +€438 | +1.4% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €30,964 | €31,402 | +€438 | +1.4% |
| Cash at bank and in hand | 54/58 | €3,772 | €8,074 | +€4,302 | +114.0% |
| Deferred charges and accrued income | 490/1 | €2,141 | €0 | -€2,141 | -100.0% |
| Total equity and liabilities | 10/49 | €62,969 | €60,153 | -€2,816 | -4.5% |
| Equity | 10/15 | €41,116 | €100 | -€41,016 | -99.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,016 | €0 | -€41,016 | -100.0% |
| Amounts payable | 17/49 | €21,853 | €60,053 | +€38,200 | +174.8% |
| Amounts payable within one year | 42/48 | €21,853 | €60,053 | +€38,200 | +174.8% |
| Trade debts | 44 | €8,128 | €3,890 | -€4,238 | -52.1% |
| Suppliers | 440/4 | €8,128 | €3,890 | -€4,238 | -52.1% |
| Taxes, remuneration and social security | 45 | €9,822 | €12,684 | +€2,862 | +29.1% |
| Taxes | 450/3 | €9,822 | €12,684 | +€2,862 | +29.1% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €3,903 | €43,479 | +€39,576 | +1013.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,784 | €5,415 | +€632 | +13.2% |
| Other operating charges | 640/8 | €294 | €184 | -€109 | -37.3% |
| Non-recurring operating charges | 66A | - | €300 | +€300 | |
| Gross operating margin | 9900 | €31,327 | €20,498 | -€10,829 | -34.6% |
| Operating profit (loss) | 9901 | €26,250 | €14,599 | -€11,651 | -44.4% |
| Financial charges | 65/66B | €164 | €155 | -€9 | -5.3% |
| Recurring financial charges | 65 | €164 | €155 | -€9 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €26,086 | €14,443 | -€11,643 | -44.6% |
| Income taxes | 67/77 | €6,003 | €3,364 | -€2,638 | -44.0% |
| Profit (loss) for the period | 9904 | €20,083 | €11,079 | -€9,004 | -44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,083 | €11,079 | -€9,004 | -44.8% |
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 8 October 2026 via checked.be.