DVIN: 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.
DVIN
Largest movements
- Receivables within one year +€120,435
up €120,435 (+2,968%), from €4,058 to €124,493
of which Trade receivables: +€119,989
- Deferred charges and accrued income +€15,000
new in 2025: €15,000
- Tangible fixed assets -€12,565
down €12,565 (-15.0%), from €83,574 to €71,010
of which Other tangible fixed assets: -€8,209
- Cash -€6,951
down €6,951 (-21.1%), from €32,869 to €25,918
mainly Receivables within one year (-€120,435) and Deferred charges and accrued income (-€15,000)
- Debts after one year +€105,000
up €105,000 (+115%), from €91,000 to €196,000
- Other debts +€24,706
up €24,706 (+4,854%), from €509 to €25,215
- Profit (loss) carried forward -€14,429
new in 2025: -€14,429
- Tax, wage and social debts -€5,515
down €5,515 (-61.9%), from €8,910 to €3,395
of which Taxes: -€5,579
- Trade debts +€4,830
up €4,830 (+2,751%), from €176 to €5,006
- Gross operating margin -€18,674
down €18,674 (-52.7%), from €35,410 to €16,736
- Staff costs -€4,022
down €4,022 (-31.0%), from €12,959 to €8,937
- Taxes -€683
no longer reported in 2025 (was €683)
- Other operating charges +€604
up €604 (+7.8%), from €7,735 to €8,339
- Financial charges +€438
up €438 (+49.4%), from €886 to €1,324
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 | €122,876 | €237,468 | +€114,593 | +93.3% |
| Fixed assets | 21/28 | €83,574 | €71,010 | -€12,565 | -15.0% |
| Tangible fixed assets | 22/27 | €83,574 | €71,010 | -€12,565 | -15.0% |
| Plant, machinery and equipment | 23 | €15,214 | €12,813 | -€2,401 | -15.8% |
| Furniture and vehicles | 24 | €4,238 | €2,284 | -€1,955 | -46.1% |
| Other tangible fixed assets | 26 | €64,122 | €55,913 | -€8,209 | -12.8% |
| Current assets | 29/58 | €39,301 | €166,458 | +€127,157 | +324% |
| Stocks and contracts in progress | 3 | €2,374 | €1,047 | -€1,327 | -55.9% |
| Stocks | 30/36 | €2,374 | €1,047 | -€1,327 | -55.9% |
| Amounts receivable within one year | 40/41 | €4,058 | €124,493 | +€120,435 | +2,968% |
| Trade receivables | 40 | €1,815 | €121,804 | +€119,989 | +6,611% |
| Other amounts receivable | 41 | €2,243 | €2,689 | +€446 | +19.9% |
| Cash at bank and in hand | 54/58 | €32,869 | €25,918 | -€6,951 | -21.1% |
| Deferred charges and accrued income | 490/1 | - | €15,000 | +€15,000 | |
| Total equity and liabilities | 10/49 | €122,876 | €237,468 | +€114,593 | +93.3% |
| Equity | 10/15 | €22,281 | €7,852 | -€14,429 | -64.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,081 | €16,081 | = | 0.0% |
| Distributable reserves | 133 | €16,081 | €16,081 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€14,429 | -€14,429 | |
| Amounts payable | 17/49 | €100,594 | €229,616 | +€129,022 | +128% |
| Amounts payable after more than one year | 17 | €91,000 | €196,000 | +€105,000 | +115% |
| Other amounts payable | 178/9 | €91,000 | €196,000 | +€105,000 | +115% |
| Amounts payable within one year | 42/48 | €9,594 | €33,616 | +€24,022 | +250% |
| Trade debts | 44 | €176 | €5,006 | +€4,830 | +2,751% |
| Suppliers | 440/4 | €176 | €5,006 | +€4,830 | +2,751% |
| Taxes, remuneration and social security | 45 | €8,910 | €3,395 | -€5,515 | -61.9% |
| Taxes | 450/3 | €7,113 | €1,534 | -€5,579 | -78.4% |
| Remuneration and social security | 454/9 | €1,797 | €1,861 | +€65 | +3.6% |
| Other amounts payable | 47/48 | €509 | €25,215 | +€24,706 | +4,854% |
| Remuneration, social security and pensions | 62 | €12,959 | €8,937 | -€4,022 | -31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,394 | €12,565 | +€170 | +1.4% |
| Other operating charges | 640/8 | €7,735 | €8,339 | +€604 | +7.8% |
| Gross operating margin | 9900 | €35,410 | €16,736 | -€18,674 | -52.7% |
| Operating profit (loss) | 9901 | €2,321 | -€13,105 | -€15,426 | |
| Financial income | 75/76B | €63 | - | -€63 | |
| Recurring financial income | 75 | €63 | - | -€63 | |
| Financial charges | 65/66B | €886 | €1,324 | +€438 | +49.4% |
| Recurring financial charges | 65 | €886 | €1,324 | +€438 | +49.4% |
| Profit (loss) for the period before taxes | 9903 | €1,498 | -€14,429 | -€15,927 | |
| Income taxes | 67/77 | €683 | - | -€683 | |
| Profit (loss) for the period | 9904 | €815 | -€14,429 | -€15,245 | |
| Profit (loss) for the period to be appropriated | 9905 | €815 | -€14,429 | -€15,245 |
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 14 October 2026 via checked.be.