DVF CONSTRUCTION: 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.
DVF CONSTRUCTION
Largest movements
- Receivables within one year +€159,570
up €159,570 (+114.2%), from €139,676 to €299,246
of which Trade receivables: +€159,089
- Trade debts +€159,811
up €159,811 (+117.6%), from €135,884 to €295,695
- Profit (loss) carried forward -€13,617
down €13,617 (-381.7%), from -€3,567 to -€17,184
- Other debts +€12,476
up €12,476 (+740.0%), from €1,686 to €14,162
- Gross operating margin -€10,376
down €10,376, from €550 to -€9,826
- Other operating charges -€6,568
down €6,568 (-99.0%), from €6,631 to €63
- Financial charges -€1,052
down €1,052 (-69.0%), from €1,523 to €471
- Depreciation +€255
new in 2025: €255
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €140,454 | €299,615 | +€159,161 | +113.3% |
| Fixed assets | 21/28 | - | €369 | +€369 | |
| Tangible fixed assets | 22/27 | - | €369 | +€369 | |
| Furniture and vehicles | 24 | - | €369 | +€369 | |
| Current assets | 29/58 | €140,454 | €299,246 | +€158,792 | +113.1% |
| Amounts receivable within one year | 40/41 | €139,676 | €299,246 | +€159,570 | +114.2% |
| Trade receivables | 40 | €139,363 | €298,452 | +€159,089 | +114.2% |
| Other amounts receivable | 41 | €313 | €795 | +€482 | +153.8% |
| Cash at bank and in hand | 54/58 | €778 | - | -€778 | |
| Total equity and liabilities | 10/49 | €140,454 | €299,615 | +€159,161 | +113.3% |
| Equity | 10/15 | -€2,497 | -€16,114 | -€13,617 | -545.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €70 | €70 | = | 0.0% |
| Non-distributable reserves | 130/1 | €70 | - | -€70 | |
| Reserves not available under the articles | 1311 | €70 | - | -€70 | |
| Distributable reserves | 133 | - | €70 | +€70 | |
| Profit (loss) carried forward | 14 | -€3,567 | -€17,184 | -€13,617 | -381.7% |
| Amounts payable | 17/49 | €142,951 | €315,729 | +€172,778 | +120.9% |
| Amounts payable within one year | 42/48 | €142,951 | €315,729 | +€172,778 | +120.9% |
| Financial debts | 43 | - | €7 | +€7 | |
| Credit institutions | 430/8 | - | €7 | +€7 | |
| Trade debts | 44 | €135,884 | €295,695 | +€159,811 | +117.6% |
| Suppliers | 440/4 | €135,884 | €295,695 | +€159,811 | +117.6% |
| Taxes, remuneration and social security | 45 | €5,381 | €5,865 | +€484 | +9.0% |
| Taxes | 450/3 | €381 | €865 | +€484 | +127.0% |
| Remuneration and social security | 454/9 | €5,000 | €5,000 | = | 0.0% |
| Other amounts payable | 47/48 | €1,686 | €14,162 | +€12,476 | +740.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €255 | +€255 | |
| Other operating charges | 640/8 | €6,631 | €63 | -€6,568 | -99.0% |
| Gross operating margin | 9900 | €550 | -€9,826 | -€10,376 | |
| Operating profit (loss) | 9901 | -€6,081 | -€10,145 | -€4,064 | -66.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,523 | €471 | -€1,052 | -69.0% |
| Recurring financial charges | 65 | €1,523 | €471 | -€1,052 | -69.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,604 | -€10,616 | -€3,012 | -39.6% |
| Profit (loss) for the period | 9904 | -€7,604 | -€10,616 | -€3,012 | -39.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,604 | -€10,616 | -€3,012 | -39.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.