DVR: 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.
DVR
Largest movements
- Tangible fixed assets +€7,826
up €7,826 (+45.7%), from €17,131 to €24,958
of which Furniture and vehicles: +€10,724
- Receivables within one year +€1,532
up €1,532 (+11.1%), from €13,821 to €15,353
of which Trade receivables: +€2,150
- Cash +€1,299
up €1,299 (+10.4%), from €12,441 to €13,740
mainly Net result for the year (+€14,828) and Debts after one year (+€11,097)
- Stocks and contracts +€659
up €659 (+13.6%), from €4,841 to €5,500
- Debts after one year +€11,097
up €11,097, from €0 to €11,097
- Profit (loss) carried forward +€6,946
up €6,946, from -€6,160 to €786
- Trade debts -€6,891
down €6,891 (-60.8%), from €11,343 to €4,451
- Reserves +€5,000
up €5,000 (+21.7%), from €23,000 to €28,000
- Tax, wage and social debts -€3,381
down €3,381 (-35.1%), from €9,629 to €6,248
of which Taxes: -€3,381
- Write-downs -€9,590
down €9,590 (-100.0%), from €9,590 to €0
- Gross operating margin +€3,462
up €3,462 (+11.5%), from €30,026 to €33,488
- Depreciation +€1,832
up €1,832 (+24.3%), from €7,544 to €9,376
- Financial charges +€1,368
up €1,368 (+227.1%), from €602 to €1,970
- Taxes -€611
down €611 (-12.0%), from €5,101 to €4,489
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 | €48,294 | €59,611 | +€11,317 | +23.4% |
| Fixed assets | 21/28 | €17,191 | €25,018 | +€7,826 | +45.5% |
| Tangible fixed assets | 22/27 | €17,131 | €24,958 | +€7,826 | +45.7% |
| Plant, machinery and equipment | 23 | €4,517 | €1,619 | -€2,898 | -64.2% |
| Furniture and vehicles | 24 | €12,614 | €23,338 | +€10,724 | +85.0% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €31,102 | €34,594 | +€3,491 | +11.2% |
| Stocks and contracts in progress | 3 | €4,841 | €5,500 | +€659 | +13.6% |
| Stocks | 30/36 | €4,841 | €5,500 | +€659 | +13.6% |
| Amounts receivable within one year | 40/41 | €13,821 | €15,353 | +€1,532 | +11.1% |
| Trade receivables | 40 | €10,457 | €12,607 | +€2,150 | +20.6% |
| Other amounts receivable | 41 | €3,364 | €2,747 | -€618 | -18.4% |
| Cash at bank and in hand | 54/58 | €12,441 | €13,740 | +€1,299 | +10.4% |
| Total equity and liabilities | 10/49 | €48,294 | €59,611 | +€11,317 | +23.4% |
| Equity | 10/15 | €19,840 | €31,786 | +€11,946 | +60.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €23,000 | €28,000 | +€5,000 | +21.7% |
| Distributable reserves | 133 | €23,000 | €28,000 | +€5,000 | +21.7% |
| Profit (loss) carried forward | 14 | -€6,160 | €786 | +€6,946 | |
| Amounts payable | 17/49 | €28,454 | €27,825 | -€628 | -2.2% |
| Amounts payable after more than one year | 17 | €0 | €11,097 | +€11,097 | |
| Financial debts | 170/4 | €0 | €11,097 | +€11,097 | |
| Amounts payable within one year | 42/48 | €28,454 | €16,729 | -€11,725 | -41.2% |
| Current portion of amounts payable after more than one year | 42 | €7,330 | €6,008 | -€1,323 | -18.0% |
| Trade debts | 44 | €11,343 | €4,451 | -€6,891 | -60.8% |
| Suppliers | 440/4 | €11,343 | €4,451 | -€6,891 | -60.8% |
| Taxes, remuneration and social security | 45 | €9,629 | €6,248 | -€3,381 | -35.1% |
| Taxes | 450/3 | €6,673 | €3,291 | -€3,381 | -50.7% |
| Remuneration and social security | 454/9 | €2,956 | €2,956 | = | 0.0% |
| Other amounts payable | 47/48 | €152 | €22 | -€130 | -85.3% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,544 | €9,376 | +€1,832 | +24.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,590 | €0 | -€9,590 | -100.0% |
| Other operating charges | 640/8 | €1,380 | €1,063 | -€316 | -22.9% |
| Non-recurring operating charges | 66A | €950 | €1,763 | +€813 | +85.6% |
| Gross operating margin | 9900 | €30,026 | €33,488 | +€3,462 | +11.5% |
| Operating profit (loss) | 9901 | €10,562 | €21,286 | +€10,724 | +101.5% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €602 | €1,970 | +€1,368 | +227.1% |
| Recurring financial charges | 65 | €602 | €1,970 | +€1,368 | +227.1% |
| Profit (loss) for the period before taxes | 9903 | €9,960 | €19,317 | +€9,357 | +93.9% |
| Income taxes | 67/77 | €5,101 | €4,489 | -€611 | -12.0% |
| Profit (loss) for the period | 9904 | €4,860 | €14,828 | +€9,968 | +205.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,860 | €14,828 | +€9,968 | +205.1% |
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 8 October 2026 via checked.be.