DVL-SERVICES: 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-SERVICES
Largest movements
- Cash +€28,351
up €28,351 (+30.0%), from €94,641 to €122,992
mainly Net result for the year (+€33,816) and Receivables within one year (+€19,135)
- Receivables within one year -€19,135
down €19,135 (-60.3%), from €31,722 to €12,587
of which Trade receivables: -€17,835
- Current investments +€9,794
new in 2025: €9,794
- Tangible fixed assets -€9,468
down €9,468 (-41.8%), from €22,651 to €13,183
of which Furniture and vehicles: -€8,821
- Reserves +€5,628
up €5,628 (+4.2%), from €133,354 to €138,982
of which Distributable reserves: +€5,628
- Tax, wage and social debts +€3,795
up €3,795 (+40.1%), from €9,463 to €13,258
- Gross operating margin +€12,757
up €12,757 (+28.8%), from €44,226 to €56,983
- Taxes +€3,060
up €3,060 (+31.3%), from €9,768 to €12,829
- Depreciation +€1,019
up €1,019 (+12.1%), from €8,449 to €9,468
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 | €149,907 | €159,321 | +€9,413 | +6.3% |
| Fixed assets | 21/28 | €22,651 | €13,183 | -€9,468 | -41.8% |
| Tangible fixed assets | 22/27 | €22,651 | €13,183 | -€9,468 | -41.8% |
| Plant, machinery and equipment | 23 | €770 | €124 | -€646 | -83.9% |
| Furniture and vehicles | 24 | €21,880 | €13,059 | -€8,821 | -40.3% |
| Current assets | 29/58 | €127,257 | €146,138 | +€18,881 | +14.8% |
| Amounts receivable within one year | 40/41 | €31,722 | €12,587 | -€19,135 | -60.3% |
| Trade receivables | 40 | €27,351 | €9,515 | -€17,835 | -65.2% |
| Other amounts receivable | 41 | €4,372 | €3,072 | -€1,300 | -29.7% |
| Current investments | 50/53 | - | €9,794 | +€9,794 | |
| Cash at bank and in hand | 54/58 | €94,641 | €122,992 | +€28,351 | +30.0% |
| Deferred charges and accrued income | 490/1 | €893 | €764 | -€129 | -14.5% |
| Total equity and liabilities | 10/49 | €149,907 | €159,321 | +€9,413 | +6.3% |
| Equity | 10/15 | €139,554 | €145,182 | +€5,628 | +4.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €133,354 | €138,982 | +€5,628 | +4.2% |
| Tax-exempt reserves | 132 | €761 | €761 | = | 0.0% |
| Distributable reserves | 133 | €132,593 | €138,221 | +€5,628 | +4.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,353 | €14,138 | +€3,785 | +36.6% |
| Amounts payable within one year | 42/48 | €10,353 | €14,138 | +€3,785 | +36.6% |
| Trade debts | 44 | €890 | €880 | -€9 | -1.0% |
| Suppliers | 440/4 | €890 | €880 | -€9 | -1.0% |
| Taxes, remuneration and social security | 45 | €9,463 | €13,258 | +€3,795 | +40.1% |
| Taxes | 450/3 | €9,463 | €13,258 | +€3,795 | +40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,449 | €9,468 | +€1,019 | +12.1% |
| Other operating charges | 640/8 | €780 | €593 | -€187 | -24.0% |
| Gross operating margin | 9900 | €44,226 | €56,983 | +€12,757 | +28.8% |
| Operating profit (loss) | 9901 | €34,997 | €46,922 | +€11,925 | +34.1% |
| Financial income | 75/76B | - | €103 | +€103 | |
| Recurring financial income | 75 | - | €103 | +€103 | |
| Financial charges | 65/66B | €54 | €380 | +€326 | +603.0% |
| Recurring financial charges | 65 | €54 | €380 | +€326 | +603.0% |
| Profit (loss) for the period before taxes | 9903 | €34,943 | €46,645 | +€11,702 | +33.5% |
| Income taxes | 67/77 | €9,768 | €12,829 | +€3,060 | +31.3% |
| Profit (loss) for the period | 9904 | €25,175 | €33,816 | +€8,642 | +34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,175 | €33,816 | +€8,642 | +34.3% |
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 8 October 2026 via checked.be.