DVL Chiptuning: 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.
DVL Chiptuning
Largest movements
- Cash +€113,930
up €113,930 (+88.5%), from €128,729 to €242,659
mainly Net result for the year (+€103,716) and Investment in fixed assets (net) (+€42,096)
- Tangible fixed assets -€43,368
down €43,368 (-91.9%), from €47,165 to €3,797
of which Furniture and vehicles: -€42,096
- Receivables within one year +€3,867
up €3,867 (+37.6%), from €10,279 to €14,145
of which Trade receivables: +€7,363
- Reserves +€103,716
up €103,716 (+66.3%), from €156,537 to €260,253
- Other debts -€35,313
down €35,313 (-95.8%), from €36,855 to €1,541
- Tax, wage and social debts +€5,924
up €5,924 (+473.9%), from €1,250 to €7,174
of which Taxes: +€5,924
- Gross operating margin +€22,396
up €22,396 (+19.0%), from €117,874 to €140,270
- Depreciation -€13,212
down €13,212 (-91.2%), from €14,483 to €1,272
- Taxes +€2,403
up €2,403 (+8.5%), from €28,314 to €30,718
- Write-downs -€1,980
down €1,980 (-100.0%), from €1,980 to €0
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 | €200,423 | €276,774 | +€76,351 | +38.1% |
| Fixed assets | 21/28 | €47,165 | €3,797 | -€43,368 | -91.9% |
| Tangible fixed assets | 22/27 | €47,165 | €3,797 | -€43,368 | -91.9% |
| Plant, machinery and equipment | 23 | €5,069 | €3,797 | -€1,272 | -25.1% |
| Furniture and vehicles | 24 | €42,096 | €0 | -€42,096 | -100.0% |
| Current assets | 29/58 | €153,257 | €272,976 | +€119,719 | +78.1% |
| Amounts receivable within one year | 40/41 | €10,279 | €14,145 | +€3,867 | +37.6% |
| Trade receivables | 40 | €0 | €7,363 | +€7,363 | |
| Other amounts receivable | 41 | €10,279 | €6,782 | -€3,496 | -34.0% |
| Cash at bank and in hand | 54/58 | €128,729 | €242,659 | +€113,930 | +88.5% |
| Deferred charges and accrued income | 490/1 | €14,250 | €16,173 | +€1,923 | +13.5% |
| Total equity and liabilities | 10/49 | €200,423 | €276,774 | +€76,351 | +38.1% |
| Equity | 10/15 | €161,537 | €265,253 | +€103,716 | +64.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €156,537 | €260,253 | +€103,716 | +66.3% |
| Distributable reserves | 133 | €156,537 | €260,253 | +€103,716 | +66.3% |
| Amounts payable | 17/49 | €38,886 | €11,521 | -€27,365 | -70.4% |
| Amounts payable within one year | 42/48 | €38,886 | €11,521 | -€27,365 | -70.4% |
| Financial debts | 43 | - | €196 | +€196 | |
| Credit institutions | 430/8 | - | €196 | +€196 | |
| Trade debts | 44 | €781 | €2,610 | +€1,828 | +234.1% |
| Suppliers | 440/4 | €781 | €2,610 | +€1,828 | +234.1% |
| Taxes, remuneration and social security | 45 | €1,250 | €7,174 | +€5,924 | +473.9% |
| Taxes | 450/3 | €0 | €5,924 | +€5,924 | |
| Remuneration and social security | 454/9 | €1,250 | €1,250 | = | 0.0% |
| Other amounts payable | 47/48 | €36,855 | €1,541 | -€35,313 | -95.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,483 | €1,272 | -€13,212 | -91.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,980 | €0 | -€1,980 | -100.0% |
| Other operating charges | 640/8 | €732 | €940 | +€208 | +28.4% |
| Non-recurring operating charges | 66A | - | €3,273 | +€3,273 | |
| Gross operating margin | 9900 | €117,874 | €140,270 | +€22,396 | +19.0% |
| Operating profit (loss) | 9901 | €100,679 | €134,786 | +€34,107 | +33.9% |
| Financial income | 75/76B | €106 | €0 | -€106 | -100.0% |
| Recurring financial income | 75 | €106 | €0 | -€106 | -100.0% |
| Financial charges | 65/66B | €356 | €352 | -€4 | -1.1% |
| Recurring financial charges | 65 | €356 | €352 | -€4 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €100,428 | €134,434 | +€34,005 | +33.9% |
| Income taxes | 67/77 | €28,314 | €30,718 | +€2,403 | +8.5% |
| Profit (loss) for the period | 9904 | €72,114 | €103,716 | +€31,602 | +43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €72,114 | €103,716 | +€31,602 | +43.8% |
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 29 September 2026 via checked.be.