DVP Merode: 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.
DVP Merode
Largest movements
- Tangible fixed assets -€41,409
down €41,409 (-3.2%), from €1.3m to €1.2m
- Profit (loss) carried forward -€59,838
down €59,838 (-56.4%), from -€106,050 to -€165,888
- Other debts +€18,500
up €18,500 (+92.5%), from €20,000 to €38,500
- Depreciation -€26,296
down €26,296 (-38.8%), from €67,704 to €41,409
- Gross operating margin +€21,741
up €21,741 (+72.0%), from -€30,178 to -€8,437
- Other operating charges +€1,817
up €1,817 (+22.3%), from €8,131 to €9,948
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 | €1,276,450 | €1,235,511 | -€40,938 | -3.2% |
| Fixed assets | 21/28 | €1,276,296 | €1,234,887 | -€41,409 | -3.2% |
| Tangible fixed assets | 22/27 | €1,276,296 | €1,234,887 | -€41,409 | -3.2% |
| Land and buildings | 22 | €1,276,296 | €1,234,887 | -€41,409 | -3.2% |
| Current assets | 29/58 | €154 | €624 | +€470 | +304.9% |
| Cash at bank and in hand | 54/58 | €154 | €624 | +€470 | +304.9% |
| Total equity and liabilities | 10/49 | €1,276,450 | €1,235,511 | -€40,938 | -3.2% |
| Equity | 10/15 | -€103,550 | -€163,388 | -€59,838 | -57.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,050 | -€165,888 | -€59,838 | -56.4% |
| Amounts payable | 17/49 | €1,380,000 | €1,398,900 | +€18,900 | +1.4% |
| Amounts payable after more than one year | 17 | €1,360,000 | €1,360,000 | = | 0.0% |
| Financial debts | 170/4 | €1,360,000 | €1,360,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20,000 | €38,900 | +€18,900 | +94.5% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Other amounts payable | 47/48 | €20,000 | €38,500 | +€18,500 | +92.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,704 | €41,409 | -€26,296 | -38.8% |
| Other operating charges | 640/8 | €8,131 | €9,948 | +€1,817 | +22.3% |
| Gross operating margin | 9900 | -€30,178 | -€8,437 | +€21,741 | +72.0% |
| Operating profit (loss) | 9901 | -€106,013 | -€59,793 | +€46,220 | +43.6% |
| Financial charges | 65/66B | €37 | €45 | +€8 | +21.6% |
| Recurring financial charges | 65 | €37 | €45 | +€8 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | -€106,050 | -€59,838 | +€46,212 | +43.6% |
| Profit (loss) for the period | 9904 | -€106,050 | -€59,838 | +€46,212 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€106,050 | -€59,838 | +€46,212 | +43.6% |
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 1 October 2026 via checked.be.