DVH BEHEER: 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.
DVH BEHEER
Largest movements
- Tangible fixed assets -€31,550
down €31,550 (-2.1%), from €1.5m to €1.5m
of which Land and buildings: -€26,285
- Debts after one year -€24,040
down €24,040 (-1.6%), from €1.5m to €1.4m
of which Financial debts: -€24,040
- Financial charges +€16,337
up €16,337 (+50.6%), from €32,263 to €48,600
- Gross operating margin -€4,836
down €4,836 (-6.1%), from €78,665 to €73,829
- Depreciation +€3,664
up €3,664 (+10.7%), from €34,338 to €38,001
- Other operating charges -€1,739
down €1,739 (-26.2%), from €6,629 to €4,890
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 | €1,548,696 | €1,513,493 | -€35,203 | -2.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,520,215 | €1,488,665 | -€31,550 | -2.1% |
| Tangible fixed assets | 22/27 | €1,520,215 | €1,488,665 | -€31,550 | -2.1% |
| Land and buildings | 22 | €1,473,161 | €1,446,876 | -€26,285 | -1.8% |
| Plant, machinery and equipment | 23 | €47,054 | €41,789 | -€5,265 | -11.2% |
| Current assets | 29/58 | €28,481 | €24,828 | -€3,653 | -12.8% |
| Amounts receivable within one year | 40/41 | €26,846 | €22,176 | -€4,670 | -17.4% |
| Trade receivables | 40 | €26,461 | €20,839 | -€5,622 | -21.2% |
| Other amounts receivable | 41 | €385 | €1,337 | +€952 | +247.3% |
| Cash at bank and in hand | 54/58 | €1,560 | €2,574 | +€1,015 | +65.0% |
| Deferred charges and accrued income | 490/1 | €75 | €78 | +€3 | +4.0% |
| Total equity and liabilities | 10/49 | €1,548,696 | €1,513,493 | -€35,203 | -2.3% |
| Equity | 10/15 | €15,435 | -€2,227 | -€17,663 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €5,435 | - | -€5,435 | |
| Distributable reserves | 133 | €5,435 | - | -€5,435 | |
| Profit (loss) carried forward | 14 | - | -€12,227 | -€12,227 | |
| Amounts payable | 17/49 | €1,533,260 | €1,515,720 | -€17,540 | -1.1% |
| Amounts payable after more than one year | 17 | €1,470,430 | €1,446,390 | -€24,040 | -1.6% |
| Financial debts | 170/4 | €1,460,001 | €1,435,960 | -€24,040 | -1.6% |
| Other amounts payable | 178/9 | €10,430 | €10,430 | = | 0.0% |
| Amounts payable within one year | 42/48 | €55,195 | €54,363 | -€831 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €46,853 | €49,040 | +€2,187 | +4.7% |
| Trade debts | 44 | €7,029 | €4,502 | -€2,527 | -36.0% |
| Suppliers | 440/4 | €7,029 | €4,502 | -€2,527 | -36.0% |
| Taxes, remuneration and social security | 45 | €1,313 | €822 | -€491 | -37.4% |
| Taxes | 450/3 | €1,313 | €822 | -€491 | -37.4% |
| Accrued charges and deferred income | 492/3 | €7,635 | €14,966 | +€7,331 | +96.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,338 | €38,001 | +€3,664 | +10.7% |
| Other operating charges | 640/8 | €6,629 | €4,890 | -€1,739 | -26.2% |
| Gross operating margin | 9900 | €78,665 | €73,829 | -€4,836 | -6.1% |
| Operating profit (loss) | 9901 | €37,698 | €30,938 | -€6,761 | -17.9% |
| Financial charges | 65/66B | €32,263 | €48,600 | +€16,337 | +50.6% |
| Recurring financial charges | 65 | €32,263 | €48,600 | +€16,337 | +50.6% |
| Profit (loss) for the period before taxes | 9903 | €5,435 | -€17,663 | -€23,098 | |
| Profit (loss) for the period | 9904 | €5,435 | -€17,663 | -€23,098 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,435 | -€17,663 | -€23,098 |
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 6 October 2026 via checked.be.