DVN Law: 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.
DVN Law
Largest movements
- Cash -€13,918
down €13,918 (-49.5%), from €28,108 to €14,190
mainly Contributions, distributions and other (-€96,000) and Deferred charges and accrued income (-€136)
- Tangible fixed assets -€13,698
down €13,698 (-27.2%), from €50,440 to €36,742
- Reserves -€59,563
down €59,563 (-82.5%), from €72,213 to €12,650
- Other debts +€26,900
up €26,900 (+4,786%), from €562 to €27,462
- Trade debts +€3,318
new in 2025: €3,318
- Tax, wage and social debts +€1,349
up €1,349 (+5.2%), from €25,724 to €27,073
of which Taxes: +€1,349
- Gross operating margin +€14,677
up €14,677 (+31.5%), from €46,602 to €61,280
- Taxes +€3,626
up €3,626 (+52.1%), from €6,956 to €10,582
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.
Derived cash bridge
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 | €100,500 | €72,504 | -€27,996 | -27.9% |
| Fixed assets | 21/28 | €50,560 | €36,862 | -€13,698 | -27.1% |
| Tangible fixed assets | 22/27 | €50,440 | €36,742 | -€13,698 | -27.2% |
| Furniture and vehicles | 24 | €50,440 | €36,742 | -€13,698 | -27.2% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €49,940 | €35,642 | -€14,297 | -28.6% |
| Amounts receivable within one year | 40/41 | €516 | - | -€516 | |
| Other amounts receivable | 41 | €516 | - | -€516 | |
| Current investments | 50/53 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,108 | €14,190 | -€13,918 | -49.5% |
| Deferred charges and accrued income | 490/1 | €1,316 | €1,452 | +€136 | +10.4% |
| Total equity and liabilities | 10/49 | €100,500 | €72,504 | -€27,996 | -27.9% |
| Equity | 10/15 | €74,213 | €14,650 | -€59,563 | -80.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €72,213 | €12,650 | -€59,563 | -82.5% |
| Distributable reserves | 133 | €72,213 | €12,650 | -€59,563 | -82.5% |
| Amounts payable | 17/49 | €26,286 | €57,854 | +€31,567 | +120% |
| Amounts payable within one year | 42/48 | €26,286 | €57,854 | +€31,567 | +120% |
| Trade debts | 44 | - | €3,318 | +€3,318 | |
| Suppliers | 440/4 | - | €3,318 | +€3,318 | |
| Taxes, remuneration and social security | 45 | €25,724 | €27,073 | +€1,349 | +5.2% |
| Taxes | 450/3 | €22,999 | €24,348 | +€1,349 | +5.9% |
| Remuneration and social security | 454/9 | €2,725 | €2,725 | = | 0.0% |
| Other amounts payable | 47/48 | €562 | €27,462 | +€26,900 | +4,786% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,292 | €13,698 | -€594 | -4.2% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €46,602 | €61,280 | +€14,677 | +31.5% |
| Operating profit (loss) | 9901 | €31,782 | €47,038 | +€15,256 | +48.0% |
| Financial income | 75/76B | - | €208 | +€208 | |
| Recurring financial income | 75 | - | €208 | +€208 | |
| Financial charges | 65/66B | €122 | €227 | +€105 | +85.9% |
| Recurring financial charges | 65 | €122 | €227 | +€105 | +85.9% |
| Profit (loss) for the period before taxes | 9903 | €31,660 | €47,019 | +€15,358 | +48.5% |
| Income taxes | 67/77 | €6,956 | €10,582 | +€3,626 | +52.1% |
| Profit (loss) for the period | 9904 | €24,704 | €36,437 | +€11,733 | +47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,704 | €36,437 | +€11,733 | +47.5% |
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 18 October 2026 via checked.be.