DVR ACCOUNTING: 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.
DVR ACCOUNTING
Largest movements
- Receivables within one year -€6,808
down €6,808 (-18.5%), from €36,861 to €30,054
of which Other amounts receivable: -€8,108
- Cash +€3,284
up €3,284 (+60.6%), from €5,417 to €8,700
mainly Net result for the year (+€13,630) and Receivables within one year (+€6,808)
- Tangible fixed assets -€2,227
down €2,227 (-61.8%), from €3,606 to €1,379
- Debts after one year -€4,795
down €4,795 (-18.2%), from €26,284 to €21,489
- Tax, wage and social debts -€4,115
down €4,115 (-25.7%), from €15,992 to €11,877
- Financial income -€10,000
no longer reported in 2025 (was €10,000)
- Gross operating margin +€4,816
up €4,816 (+23.9%), from €20,134 to €24,950
- Taxes +€591
up €591 (+9.1%), from €6,502 to €7,093
- Financial charges -€458
down €458 (-24.4%), from €1,874 to €1,416
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 | €215,842 | €209,900 | -€5,942 | -2.8% |
| Fixed assets | 21/28 | €173,340 | €171,112 | -€2,227 | -1.3% |
| Tangible fixed assets | 22/27 | €3,606 | €1,379 | -€2,227 | -61.8% |
| Furniture and vehicles | 24 | €3,606 | €1,379 | -€2,227 | -61.8% |
| Financial fixed assets | 28 | €169,733 | €169,733 | = | 0.0% |
| Current assets | 29/58 | €42,502 | €38,788 | -€3,715 | -8.7% |
| Amounts receivable within one year | 40/41 | €36,861 | €30,054 | -€6,808 | -18.5% |
| Trade receivables | 40 | €10,000 | €11,300 | +€1,300 | +13.0% |
| Other amounts receivable | 41 | €26,861 | €18,754 | -€8,108 | -30.2% |
| Cash at bank and in hand | 54/58 | €5,417 | €8,700 | +€3,284 | +60.6% |
| Deferred charges and accrued income | 490/1 | €225 | €34 | -€191 | -84.9% |
| Total equity and liabilities | 10/49 | €215,842 | €209,900 | -€5,942 | -2.8% |
| Equity | 10/15 | €151,844 | €153,474 | +€1,630 | +1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €56,860 | €56,860 | = | 0.0% |
| Distributable reserves | 133 | €56,860 | €56,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,384 | €78,014 | +€1,630 | +2.1% |
| Amounts payable | 17/49 | €63,998 | €56,426 | -€7,572 | -11.8% |
| Amounts payable after more than one year | 17 | €26,284 | €21,489 | -€4,795 | -18.2% |
| Financial debts | 170/4 | €26,284 | €21,489 | -€4,795 | -18.2% |
| Amounts payable within one year | 42/48 | €37,714 | €34,937 | -€2,777 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €9,624 | €10,795 | +€1,171 | +12.2% |
| Trade debts | 44 | €698 | €866 | +€168 | +24.0% |
| Suppliers | 440/4 | €698 | €866 | +€168 | +24.0% |
| Taxes, remuneration and social security | 45 | €15,992 | €11,877 | -€4,115 | -25.7% |
| Taxes | 450/3 | €15,992 | €11,877 | -€4,115 | -25.7% |
| Other amounts payable | 47/48 | €11,400 | €11,400 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,227 | €2,227 | = | 0.0% |
| Other operating charges | 640/8 | €564 | €583 | +€18 | +3.3% |
| Gross operating margin | 9900 | €20,134 | €24,950 | +€4,816 | +23.9% |
| Operating profit (loss) | 9901 | €17,343 | €22,140 | +€4,797 | +27.7% |
| Financial income | 75/76B | €10,000 | - | -€10,000 | |
| Recurring financial income | 75 | €10,000 | - | -€10,000 | |
| Financial charges | 65/66B | €1,874 | €1,416 | -€458 | -24.4% |
| Recurring financial charges | 65 | €1,874 | €1,416 | -€458 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €25,469 | €20,724 | -€4,745 | -18.6% |
| Income taxes | 67/77 | €6,502 | €7,093 | +€591 | +9.1% |
| Profit (loss) for the period | 9904 | €18,966 | €13,630 | -€5,336 | -28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,966 | €13,630 | -€5,336 | -28.1% |
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 25 October 2026 via checked.be.