DVM PROPERTIES: 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.
DVM PROPERTIES
Largest movements
- Tangible fixed assets -€75,008
down €75,008 (-8.7%), from €859,891 to €784,883
of which Land and buildings: -€44,995
- Cash +€46,221
up €46,221 (+528.1%), from €8,753 to €54,973
mainly Depreciation (+€77,869) and Net result for the year (+€53,016)
- Profit (loss) carried forward +€53,016
up €53,016 (+11.5%), from €459,338 to €512,354
- Current portion of long-term debt -€45,981
down €45,981 (-60.3%), from €76,196 to €30,215
- Debts after one year -€30,209
down €30,209 (-100.0%), from €30,209 to €0
- Purchases and services -€22,787
down €22,787 (-9.5%), from €240,427 to €217,640
- Depreciation -€15,753
down €15,753 (-16.8%), from €93,622 to €77,869
- Turnover -€14,626
down €14,626 (-4.1%), from €355,044 to €340,418
- Gross operating margin +€12,838
up €12,838 (+9.3%), from €138,324 to €151,162
- Taxes -€8,112
down €8,112 (-61.9%), from €13,112 to €5,000
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 | €876,927 | €854,226 | -€22,700 | -2.6% |
| Fixed assets | 21/28 | €868,174 | €792,519 | -€75,655 | -8.7% |
| Intangible fixed assets | 21 | €6,951 | €6,304 | -€647 | -9.3% |
| Tangible fixed assets | 22/27 | €859,891 | €784,883 | -€75,008 | -8.7% |
| Land and buildings | 22 | €762,732 | €717,737 | -€44,995 | -5.9% |
| Plant, machinery and equipment | 23 | €46,833 | €35,599 | -€11,234 | -24.0% |
| Furniture and vehicles | 24 | €50,326 | €31,547 | -€18,778 | -37.3% |
| Financial fixed assets | 28 | €1,332 | €1,332 | = | 0.0% |
| Current assets | 29/58 | €8,753 | €61,707 | +€52,955 | +605.0% |
| Amounts receivable within one year | 40/41 | €0 | €6,734 | +€6,734 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €6,734 | +€6,734 | |
| Cash at bank and in hand | 54/58 | €8,753 | €54,973 | +€46,221 | +528.1% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €876,927 | €854,226 | -€22,700 | -2.6% |
| Equity | 10/15 | €701,109 | €754,124 | +€53,016 | +7.6% |
| Revaluation surpluses | 12 | €219,776 | €219,776 | = | 0.0% |
| Reserves | 13 | €21,995 | €21,995 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21,995 | €21,995 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,995 | €21,995 | = | 0.0% |
| Profit (loss) carried forward | 14 | €459,338 | €512,354 | +€53,016 | +11.5% |
| Amounts payable | 17/49 | €175,818 | €100,102 | -€75,716 | -43.1% |
| Amounts payable after more than one year | 17 | €30,209 | €0 | -€30,209 | -100.0% |
| Financial debts | 170/4 | €30,209 | €0 | -€30,209 | -100.0% |
| Amounts payable within one year | 42/48 | €144,779 | €97,207 | -€47,572 | -32.9% |
| Current portion of amounts payable after more than one year | 42 | €76,196 | €30,215 | -€45,981 | -60.3% |
| Trade debts | 44 | €50,073 | €51,247 | +€1,174 | +2.3% |
| Suppliers | 440/4 | €18,332 | €24,152 | +€5,820 | +31.8% |
| Bills of exchange payable | 441 | €31,741 | €27,095 | -€4,646 | -14.6% |
| Taxes, remuneration and social security | 45 | €18,511 | €15,745 | -€2,766 | -14.9% |
| Taxes | 450/3 | €8,876 | €11,322 | +€2,446 | +27.6% |
| Remuneration and social security | 454/9 | €9,635 | €4,423 | -€5,212 | -54.1% |
| Accrued charges and deferred income | 492/3 | €830 | €2,895 | +€2,065 | +248.8% |
| Turnover | 70 | €355,044 | €340,418 | -€14,626 | -4.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €240,427 | €217,640 | -€22,787 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,622 | €77,869 | -€15,753 | -16.8% |
| Other operating charges | 640/8 | €25,456 | €18,265 | -€7,192 | -28.3% |
| Gross operating margin | 9900 | €138,324 | €151,162 | +€12,838 | +9.3% |
| Operating profit (loss) | 9901 | €19,246 | €55,029 | +€35,783 | +185.9% |
| Financial income | 75/76B | €5,461 | €5,489 | +€28 | +0.5% |
| Recurring financial income | 75 | €5,461 | €5,489 | +€28 | +0.5% |
| Financial charges | 65/66B | €4,850 | €2,502 | -€2,348 | -48.4% |
| Recurring financial charges | 65 | €4,850 | €2,502 | -€2,348 | -48.4% |
| Profit (loss) for the period before taxes | 9903 | €19,857 | €58,016 | +€38,158 | +192.2% |
| Income taxes | 67/77 | €13,112 | €5,000 | -€8,112 | -61.9% |
| Profit (loss) for the period | 9904 | €6,745 | €53,016 | +€46,270 | +686.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,745 | €53,016 | +€46,270 | +686.0% |
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.