DVMC: 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.
DVMC
Largest movements
- Receivables after one year -€3,600
down €3,600 (-28.1%), from €12,800 to €9,200
- Cash +€1,761
new in 2025: €1,761
mainly Receivables after one year (+€3,600) and Trade debts (+€2,025)
- Receivables within one year +€1,092
up €1,092 (+18.3%), from €5,985 to €7,077
of which Other amounts receivable: +€1,202
- Stocks and contracts -€1,000
no longer reported in 2025 (was €1,000)
- Deferred charges and accrued income +€597
up €597 (+238.4%), from €250 to €848
- Short-term financial debts -€3,253
no longer reported in 2025 (was €3,253)
- Trade debts +€2,025
up €2,025 (+125.0%), from €1,620 to €3,645
- Other debts -€289
no longer reported in 2025 (was €289)
- Other operating charges -€1,193
down €1,193 (-58.5%), from €2,040 to €847
- Gross operating margin +€613
up €613 (+127.8%), from €480 to €1,092
- Financial income -€330
down €330 (-36.0%), from €917 to €587
- Depreciation -€237
down €237 (-29.9%), from €792 to €556
- Financial charges -€87
down €87 (-15.5%), from €562 to €475
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 | €20,739 | €19,034 | -€1,705 | -8.2% |
| Fixed assets | 21/28 | €703 | €148 | -€556 | -79.0% |
| Tangible fixed assets | 22/27 | €703 | €148 | -€556 | -79.0% |
| Plant, machinery and equipment | 23 | €390 | €148 | -€242 | -62.1% |
| Furniture and vehicles | 24 | €314 | - | -€314 | |
| Current assets | 29/58 | €20,035 | €18,886 | -€1,149 | -5.7% |
| Amounts receivable after more than one year | 29 | €12,800 | €9,200 | -€3,600 | -28.1% |
| Other amounts receivable | 291 | €12,800 | €9,200 | -€3,600 | -28.1% |
| Stocks and contracts in progress | 3 | €1,000 | - | -€1,000 | |
| Stocks | 30/36 | €1,000 | - | -€1,000 | |
| Amounts receivable within one year | 40/41 | €5,985 | €7,077 | +€1,092 | +18.3% |
| Trade receivables | 40 | €1,978 | €1,868 | -€110 | -5.6% |
| Other amounts receivable | 41 | €4,007 | €5,210 | +€1,202 | +30.0% |
| Cash at bank and in hand | 54/58 | - | €1,761 | +€1,761 | |
| Deferred charges and accrued income | 490/1 | €250 | €848 | +€597 | +238.4% |
| Total equity and liabilities | 10/49 | €20,739 | €19,034 | -€1,705 | -8.2% |
| Equity | 10/15 | €15,191 | €14,993 | -€199 | -1.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €279 | €279 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14 | €14 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14 | €14 | = | 0.0% |
| Distributable reserves | 133 | €265 | €265 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,088 | -€15,287 | -€199 | -1.3% |
| Amounts payable | 17/49 | €5,547 | €4,041 | -€1,506 | -27.2% |
| Amounts payable within one year | 42/48 | €5,162 | €3,645 | -€1,517 | -29.4% |
| Financial debts | 43 | €3,253 | - | -€3,253 | |
| Credit institutions | 430/8 | €3,253 | - | -€3,253 | |
| Trade debts | 44 | €1,620 | €3,645 | +€2,025 | +125.0% |
| Suppliers | 440/4 | €1,620 | €3,645 | +€2,025 | +125.0% |
| Other amounts payable | 47/48 | €289 | - | -€289 | |
| Accrued charges and deferred income | 492/3 | €385 | €396 | +€11 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €792 | €556 | -€237 | -29.9% |
| Other operating charges | 640/8 | €2,040 | €847 | -€1,193 | -58.5% |
| Gross operating margin | 9900 | €480 | €1,092 | +€613 | +127.8% |
| Operating profit (loss) | 9901 | -€2,353 | -€310 | +€2,043 | +86.8% |
| Financial income | 75/76B | €917 | €587 | -€330 | -36.0% |
| Recurring financial income | 75 | €917 | €587 | -€330 | -36.0% |
| Financial charges | 65/66B | €562 | €475 | -€87 | -15.5% |
| Recurring financial charges | 65 | €562 | €475 | -€87 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,998 | -€199 | +€1,799 | +90.1% |
| Profit (loss) for the period | 9904 | -€1,998 | -€199 | +€1,799 | +90.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,998 | -€199 | +€1,799 | +90.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.