DVG Laswerken: what changed
What changed
DVG Laswerken
NACE 25.530, Machining of metals
filed annual accounts (NBB)
Net result for the year
€2,682
2024 · €48,330-€45,647
Equity
€84,036
2024 · €81,354+€2,682
Cash
€13,208
2024 · -+€13,208
Balance sheet total
€562,131
2024 · €534,936+€27,195
Largest movements
Assets
- Cash +€13,208
new in 2025: €13,208
mainly Current portion of long-term debt (+€34,960) and Trade debts (+€24,427)
- Receivables within one year +€9,460
up €9,460 (+12.2%), from €77,280 to €86,740
of which Other amounts receivable: +€26,591
Equity and liabilities
- Current portion of long-term debt +€34,960
up €34,960 (+119%), from €29,501 to €64,461
- Debts after one year -€30,886
down €30,886 (-22.2%), from €139,145 to €108,259
- Trade debts +€24,427
up €24,427 (+44.8%), from €54,486 to €78,913
- Tax, wage and social debts -€22,756
down €22,756 (-41.3%), from €55,109 to €32,353
of which Taxes: -€18,537
- Other debts +€12,339
up €12,339 (+38.6%), from €32,002 to €44,340
Income statement
- Gross operating margin -€59,323
down €59,323 (-32.0%), from €185,584 to €126,261
- Taxes -€18,108
down €18,108 (-89.7%), from €20,192 to €2,084
- Staff costs -€13,540
down €13,540 (-24.3%), from €55,824 to €42,284
- Financial charges -€10,443
down €10,443 (-35.2%), from €29,639 to €19,195
- Other operating charges -€2,929
down €2,929 (-42.2%), from €6,943 to €4,015
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€48,330
Gross operating margin
-€59,323
Staff costs
+€13,540
Depreciation
+€512
Other operating charges
+€2,929
Other operating items
-€31,290
Financial income
-€568
Financial charges
+€10,443
Taxes
+€18,108
Result 2025
€2,682
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€23,628
Investment
-€20,924
Financing
+€10,504
Cash 2024
€0
From operations (derived)
+€23,628
Net result for the year
+€2,682
Depreciation
+€21,350
Stocks and contracts
-€4,953
Receivables within one year
-€9,460
Trade debts
+€24,427
Tax, wage and social debts
-€22,756
Other debts
+€12,339
Investment (derived)
-€20,924
Investment in fixed assets (net)
-€20,924
Financing
+€10,504
Debts after one year
-€30,886
Current portion of long-term debt
+€34,960
Short-term financial debts
+€6,430
Cash 2025
€13,208
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €534,936 | €562,131 | +€27,195 | +5.1% |
| Fixed assets | 21/28 | €429,593 | €429,168 | -€426 | -0.1% |
| Tangible fixed assets | 22/27 | €427,493 | €427,068 | -€426 | -0.1% |
| Land and buildings | 22 | €420,182 | €400,121 | -€20,061 | -4.8% |
| Plant, machinery and equipment | 23 | €7,312 | €25,284 | +€17,973 | +246% |
| Furniture and vehicles | 24 | - | €1,662 | +€1,662 | |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €105,343 | €132,964 | +€27,621 | +26.2% |
| Stocks and contracts in progress | 3 | €28,062 | €33,016 | +€4,953 | +17.7% |
| Stocks | 30/36 | €28,062 | €33,016 | +€4,953 | +17.7% |
| Amounts receivable within one year | 40/41 | €77,280 | €86,740 | +€9,460 | +12.2% |
| Trade receivables | 40 | €61,639 | €44,507 | -€17,131 | -27.8% |
| Other amounts receivable | 41 | €15,642 | €42,233 | +€26,591 | +170% |
| Cash at bank and in hand | 54/58 | - | €13,208 | +€13,208 | |
| Total equity and liabilities | 10/49 | €534,936 | €562,131 | +€27,195 | +5.1% |
| Equity | 10/15 | €81,354 | €84,036 | +€2,682 | +3.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €62,762 | €65,444 | +€2,682 | +4.3% |
| Distributable reserves | 133 | €62,762 | €65,444 | +€2,682 | +4.3% |
| Amounts payable | 17/49 | €453,583 | €478,096 | +€24,513 | +5.4% |
| Amounts payable after more than one year | 17 | €139,145 | €108,259 | -€30,886 | -22.2% |
| Financial debts | 170/4 | €139,145 | €108,259 | -€30,886 | -22.2% |
| Amounts payable within one year | 42/48 | €314,438 | €369,837 | +€55,399 | +17.6% |
| Current portion of amounts payable after more than one year | 42 | €29,501 | €64,461 | +€34,960 | +119% |
| Financial debts | 43 | €143,340 | €149,770 | +€6,430 | +4.5% |
| Credit institutions | 430/8 | €143,340 | €149,770 | +€6,430 | +4.5% |
| Trade debts | 44 | €54,486 | €78,913 | +€24,427 | +44.8% |
| Suppliers | 440/4 | €54,486 | €78,913 | +€24,427 | +44.8% |
| Taxes, remuneration and social security | 45 | €55,109 | €32,353 | -€22,756 | -41.3% |
| Taxes | 450/3 | €18,805 | €268 | -€18,537 | -98.6% |
| Remuneration and social security | 454/9 | €36,304 | €32,085 | -€4,219 | -11.6% |
| Other amounts payable | 47/48 | €32,002 | €44,340 | +€12,339 | +38.6% |
| Non-recurring operating income | 76A | €2,350 | - | -€2,350 | |
| Remuneration, social security and pensions | 62 | €55,824 | €42,284 | -€13,540 | -24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,862 | €21,350 | -€512 | -2.3% |
| Other operating charges | 640/8 | €6,943 | €4,015 | -€2,929 | -42.2% |
| Non-recurring operating charges | 66A | €3,364 | €34,654 | +€31,290 | +930% |
| Gross operating margin | 9900 | €185,584 | €126,261 | -€59,323 | -32.0% |
| Operating profit (loss) | 9901 | €97,589 | €23,958 | -€73,631 | -75.4% |
| Financial income | 75/76B | €570 | €3 | -€568 | -99.5% |
| Recurring financial income | 75 | €570 | €3 | -€568 | -99.5% |
| Financial charges | 65/66B | €29,639 | €19,195 | -€10,443 | -35.2% |
| Recurring financial charges | 65 | €29,639 | €19,195 | -€10,443 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €68,521 | €4,766 | -€63,756 | -93.0% |
| Income taxes | 67/77 | €20,192 | €2,084 | -€18,108 | -89.7% |
| Profit (loss) for the period | 9904 | €48,330 | €2,682 | -€45,647 | -94.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,330 | €2,682 | -€45,647 | -94.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.