DVE - AVOCAT: 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.
DVE - AVOCAT
Largest movements
- Receivables within one year +€78,932
up €78,932 (+80.2%), from €98,449 to €177,380
of which Trade receivables: +€52,436
- Tangible fixed assets -€9,975
down €9,975 (-29.8%), from €33,484 to €23,509
- Cash +€5,950
up €5,950 (+2.9%), from €206,088 to €212,038
mainly Other debts (+€268,590) and Net result for the year (+€205,629)
- Other debts +€268,590
up €268,590 (+407%), from €65,967 to €334,558
- Reserves -€181,860
down €181,860 (-61.3%), from €296,860 to €115,000
- Profit (loss) carried forward -€6,622
no longer reported in 2025 (was €6,622)
- Gross operating margin +€39,870
up €39,870 (+14.6%), from €273,380 to €313,250
- Staff costs +€7,338
up €7,338 (+27.2%), from €26,956 to €34,293
- Taxes +€3,144
up €3,144 (+5.2%), from €60,826 to €63,970
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 | €399,192 | €476,854 | +€77,662 | +19.5% |
| Fixed assets | 21/28 | €93,484 | €83,509 | -€9,975 | -10.7% |
| Tangible fixed assets | 22/27 | €33,484 | €23,509 | -€9,975 | -29.8% |
| Furniture and vehicles | 24 | €33,484 | €23,509 | -€9,975 | -29.8% |
| Financial fixed assets | 28 | €60,000 | €60,000 | = | 0.0% |
| Current assets | 29/58 | €305,708 | €393,345 | +€87,637 | +28.7% |
| Amounts receivable within one year | 40/41 | €98,449 | €177,380 | +€78,932 | +80.2% |
| Trade receivables | 40 | €76,162 | €128,598 | +€52,436 | +68.8% |
| Other amounts receivable | 41 | €22,286 | €48,782 | +€26,496 | +119% |
| Cash at bank and in hand | 54/58 | €206,088 | €212,038 | +€5,950 | +2.9% |
| Deferred charges and accrued income | 490/1 | €1,172 | €3,926 | +€2,755 | +235% |
| Total equity and liabilities | 10/49 | €399,192 | €476,854 | +€77,662 | +19.5% |
| Equity | 10/15 | €315,882 | €127,400 | -€188,482 | -59.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €296,860 | €115,000 | -€181,860 | -61.3% |
| Distributable reserves | 133 | €296,860 | €115,000 | -€181,860 | -61.3% |
| Profit (loss) carried forward | 14 | €6,622 | - | -€6,622 | |
| Amounts payable | 17/49 | €83,311 | €349,454 | +€266,143 | +319% |
| Amounts payable within one year | 42/48 | €83,311 | €349,454 | +€266,143 | +319% |
| Trade debts | 44 | €7,853 | €4,737 | -€3,115 | -39.7% |
| Suppliers | 440/4 | €7,853 | €4,737 | -€3,115 | -39.7% |
| Taxes, remuneration and social security | 45 | €9,490 | €10,159 | +€668 | +7.0% |
| Taxes | 450/3 | €3,189 | - | -€3,189 | |
| Remuneration and social security | 454/9 | €6,302 | €10,159 | +€3,857 | +61.2% |
| Other amounts payable | 47/48 | €65,967 | €334,558 | +€268,590 | +407% |
| Remuneration, social security and pensions | 62 | €26,956 | €34,293 | +€7,338 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,313 | €11,212 | -€1,101 | -8.9% |
| Other operating charges | 640/8 | €1,222 | €685 | -€537 | -44.0% |
| Non-recurring operating charges | 66A | €1,473 | €106 | -€1,367 | -92.8% |
| Gross operating margin | 9900 | €273,380 | €313,250 | +€39,870 | +14.6% |
| Operating profit (loss) | 9901 | €231,417 | €266,954 | +€35,537 | +15.4% |
| Financial income | 75/76B | €4,235 | €3,071 | -€1,164 | -27.5% |
| Recurring financial income | 75 | €4,235 | €3,071 | -€1,164 | -27.5% |
| Financial charges | 65/66B | €691 | €426 | -€265 | -38.3% |
| Recurring financial charges | 65 | €691 | €426 | -€265 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | €234,961 | €269,599 | +€34,638 | +14.7% |
| Income taxes | 67/77 | €60,826 | €63,970 | +€3,144 | +5.2% |
| Profit (loss) for the period | 9904 | €174,135 | €205,629 | +€31,494 | +18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €174,135 | €205,629 | +€31,494 | +18.1% |
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 19 October 2026 via checked.be.