DVH Vervoer: what changed
DVH Vervoer
Largest movements
- Tangible fixed assets +€58,119
up €58,119 (+43.0%), from €135,266 to €193,385
of which Furniture and vehicles: +€70,682
- Receivables within one year -€26,829
down €26,829 (-21.2%), from €126,524 to €99,695
of which Trade receivables: -€14,191
- Deferred charges and accrued income -€26,552
down €26,552 (-24.2%), from €109,771 to €83,219
- Debts after one year +€46,662
up €46,662 (+65.7%), from €71,048 to €117,711
- Accrued charges and deferred income -€17,352
no longer reported in 2025 (was €17,352)
- Tax, wage and social debts -€17,079
down €17,079 (-40.5%), from €42,122 to €25,043
of which Taxes: -€15,549
- Current portion of long-term debt +€11,498
up €11,498 (+38.7%), from €29,744 to €41,242
- Reserves -€10,380
down €10,380 (-6.4%), from €162,734 to €152,355
of which Distributable reserves: -€10,380
- Gross operating margin -€42,444
down €42,444 (-16.5%), from €256,594 to €214,149
- Taxes -€9,208
no longer reported in 2025 (was €9,208)
- Depreciation +€8,206
up €8,206 (+19.4%), from €42,206 to €50,412
- Staff costs -€6,967
down €6,967 (-4.1%), from €171,709 to €164,742
- Other operating charges -€4,897
down €4,897 (-64.9%), from €7,550 to €2,653
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €381,208 | €390,245 | +€9,037 | +2.4% |
| Fixed assets | 21/28 | €135,266 | €196,418 | +€61,152 | +45.2% |
| Tangible fixed assets | 22/27 | €135,266 | €193,385 | +€58,119 | +43.0% |
| Plant, machinery and equipment | 23 | €45,359 | €33,407 | -€11,951 | -26.3% |
| Furniture and vehicles | 24 | €88,400 | €159,082 | +€70,682 | +80.0% |
| Other tangible fixed assets | 26 | €1,507 | €895 | -€611 | -40.6% |
| Financial fixed assets | 28 | - | €3,033 | +€3,033 | |
| Current assets | 29/58 | €245,943 | €193,828 | -€52,115 | -21.2% |
| Amounts receivable within one year | 40/41 | €126,524 | €99,695 | -€26,829 | -21.2% |
| Trade receivables | 40 | €75,891 | €61,700 | -€14,191 | -18.7% |
| Other amounts receivable | 41 | €50,633 | €37,995 | -€12,637 | -25.0% |
| Cash at bank and in hand | 54/58 | €9,648 | €10,914 | +€1,266 | +13.1% |
| Deferred charges and accrued income | 490/1 | €109,771 | €83,219 | -€26,552 | -24.2% |
| Total equity and liabilities | 10/49 | €381,208 | €390,245 | +€9,037 | +2.4% |
| Equity | 10/15 | €168,934 | €158,555 | -€10,380 | -6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €162,734 | €152,355 | -€10,380 | -6.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €160,874 | €150,495 | -€10,380 | -6.5% |
| Amounts payable | 17/49 | €212,274 | €231,691 | +€19,417 | +9.1% |
| Amounts payable after more than one year | 17 | €71,048 | €117,711 | +€46,662 | +65.7% |
| Financial debts | 170/4 | €71,048 | €117,711 | +€46,662 | +65.7% |
| Amounts payable within one year | 42/48 | €123,873 | €113,980 | -€9,893 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €29,744 | €41,242 | +€11,498 | +38.7% |
| Financial debts | 43 | €2,599 | €3,415 | +€816 | +31.4% |
| Credit institutions | 430/8 | €2,599 | €3,415 | +€816 | +31.4% |
| Trade debts | 44 | €49,409 | €44,281 | -€5,128 | -10.4% |
| Suppliers | 440/4 | €49,409 | €44,281 | -€5,128 | -10.4% |
| Taxes, remuneration and social security | 45 | €42,122 | €25,043 | -€17,079 | -40.5% |
| Taxes | 450/3 | €27,610 | €12,061 | -€15,549 | -56.3% |
| Remuneration and social security | 454/9 | €14,512 | €12,981 | -€1,530 | -10.5% |
| Accrued charges and deferred income | 492/3 | €17,352 | - | -€17,352 | |
| Remuneration, social security and pensions | 62 | €171,709 | €164,742 | -€6,967 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,206 | €50,412 | +€8,206 | +19.4% |
| Other operating charges | 640/8 | €7,550 | €2,653 | -€4,897 | -64.9% |
| Gross operating margin | 9900 | €256,594 | €214,149 | -€42,444 | -16.5% |
| Operating profit (loss) | 9901 | €35,129 | -€3,657 | -€38,786 | |
| Financial income | 75/76B | €1,710 | €1,715 | +€5 | +0.3% |
| Recurring financial income | 75 | €1,710 | €1,715 | +€5 | +0.3% |
| Financial charges | 65/66B | €9,027 | €7,318 | -€1,709 | -18.9% |
| Recurring financial charges | 65 | €9,027 | €7,318 | -€1,709 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €27,812 | -€9,260 | -€37,072 | |
| Income taxes | 67/77 | €9,208 | - | -€9,208 | |
| Profit (loss) for the period | 9904 | €18,604 | -€9,260 | -€27,864 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,604 | -€9,260 | -€27,864 |
Next steps
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 8 November 2026 via checked.be.