DVKon: 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.
DVKon
Largest movements
- Stocks and contracts -€342,855
no longer reported in 2025 (was €342,855)
- Cash +€69,380
up €69,380 (+38.0%), from €182,420 to €251,800
mainly Stocks and contracts (+€342,855) and Net result for the year (+€142,386)
- Tangible fixed assets -€31,671
down €31,671 (-7.0%), from €449,270 to €417,599
of which Furniture and vehicles: -€23,010
- Other debts -€199,790
down €199,790 (-39.6%), from €504,937 to €305,146
- Advances received -€56,119
no longer reported in 2025 (was €56,119)
- Tax, wage and social debts -€40,782
down €40,782 (-50.8%), from €80,275 to €39,493
of which Taxes: -€40,915
- Debts after one year -€20,327
down €20,327 (-10.0%), from €202,834 to €182,507
- Gross operating margin +€12,989
up €12,989 (+5.2%), from €251,529 to €264,518
- Taxes +€6,567
up €6,567 (+16.2%), from €40,633 to €47,200
- Financial charges -€2,774
down €2,774 (-26.1%), from €10,639 to €7,865
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 | €1,027,702 | €721,686 | -€306,016 | -29.8% |
| Fixed assets | 21/28 | €449,270 | €417,599 | -€31,671 | -7.0% |
| Tangible fixed assets | 22/27 | €449,270 | €417,599 | -€31,671 | -7.0% |
| Land and buildings | 22 | €358,944 | €348,426 | -€10,518 | -2.9% |
| Plant, machinery and equipment | 23 | - | €1,857 | +€1,857 | |
| Furniture and vehicles | 24 | €90,326 | €67,317 | -€23,010 | -25.5% |
| Current assets | 29/58 | €578,431 | €304,087 | -€274,344 | -47.4% |
| Stocks and contracts in progress | 3 | €342,855 | - | -€342,855 | |
| Stocks | 30/36 | €342,855 | - | -€342,855 | |
| Amounts receivable within one year | 40/41 | €53,156 | €52,287 | -€869 | -1.6% |
| Trade receivables | 40 | €48,453 | €51,418 | +€2,964 | +6.1% |
| Other amounts receivable | 41 | €4,702 | €869 | -€3,834 | -81.5% |
| Cash at bank and in hand | 54/58 | €182,420 | €251,800 | +€69,380 | +38.0% |
| Total equity and liabilities | 10/49 | €1,027,702 | €721,686 | -€306,016 | -29.8% |
| Equity | 10/15 | €152,874 | €162,846 | +€9,972 | +6.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €134,274 | €144,246 | +€9,972 | +7.4% |
| 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 | €132,414 | €142,386 | +€9,972 | +7.5% |
| Amounts payable | 17/49 | €874,828 | €558,841 | -€315,988 | -36.1% |
| Amounts payable after more than one year | 17 | €202,834 | €182,507 | -€20,327 | -10.0% |
| Financial debts | 170/4 | €202,834 | €182,507 | -€20,327 | -10.0% |
| Amounts payable within one year | 42/48 | €661,074 | €365,639 | -€295,435 | -44.7% |
| Current portion of amounts payable after more than one year | 42 | €19,560 | €20,327 | +€767 | +3.9% |
| Trade debts | 44 | €184 | €673 | +€490 | +266.7% |
| Suppliers | 440/4 | €184 | €673 | +€490 | +266.7% |
| Advances received on contracts in progress | 46 | €56,119 | - | -€56,119 | |
| Taxes, remuneration and social security | 45 | €80,275 | €39,493 | -€40,782 | -50.8% |
| Taxes | 450/3 | €76,537 | €35,622 | -€40,915 | -53.5% |
| Remuneration and social security | 454/9 | €3,737 | €3,871 | +€134 | +3.6% |
| Other amounts payable | 47/48 | €504,937 | €305,146 | -€199,790 | -39.6% |
| Accrued charges and deferred income | 492/3 | €10,920 | €10,694 | -€226 | -2.1% |
| Remuneration, social security and pensions | 62 | €27,801 | €28,106 | +€305 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,749 | €38,972 | +€222 | +0.6% |
| Other operating charges | 640/8 | €1,340 | €1,174 | -€166 | -12.4% |
| Gross operating margin | 9900 | €251,529 | €264,518 | +€12,989 | +5.2% |
| Operating profit (loss) | 9901 | €183,639 | €196,266 | +€12,627 | +6.9% |
| Financial income | 75/76B | €47 | €1,185 | +€1,138 | +2424.1% |
| Recurring financial income | 75 | €47 | €1,185 | +€1,138 | +2424.1% |
| Financial charges | 65/66B | €10,639 | €7,865 | -€2,774 | -26.1% |
| Recurring financial charges | 65 | €10,639 | €7,865 | -€2,774 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €173,047 | €189,585 | +€16,539 | +9.6% |
| Income taxes | 67/77 | €40,633 | €47,200 | +€6,567 | +16.2% |
| Profit (loss) for the period | 9904 | €132,414 | €142,386 | +€9,972 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €132,414 | €142,386 | +€9,972 | +7.5% |
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 10 October 2026 via checked.be.