DVR MACHINES: 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 MACHINES
Largest movements
- Cash +€49,825
up €49,825 (+359.8%), from €13,846 to €63,672
mainly Advances received (+€102,915) and Trade debts (+€37,193)
- Receivables within one year +€11,738
up €11,738 (+43.6%), from €26,916 to €38,654
of which Trade receivables: +€10,770
- Tangible fixed assets -€11,300
down €11,300 (-19.5%), from €57,899 to €46,600
of which Leasing and similar rights: -€10,800
- Stocks and contracts +€11,212
up €11,212 (+1.7%), from €664,108 to €675,320
- Advances received +€102,915
up €102,915 (+38.7%), from €265,881 to €368,796
- Other debts -€84,219
down €84,219 (-37.5%), from €224,372 to €140,153
- Trade debts +€37,193
up €37,193 (+41.9%), from €88,782 to €125,976
- Reserves +€20,408
up €20,408 (+18.5%), from €110,599 to €131,008
of which Distributable reserves: +€20,408
- Debts after one year -€10,624
down €10,624 (-28.0%), from €37,949 to €27,326
- Gross operating margin -€23,710
down €23,710 (-18.4%), from €128,871 to €105,161
- Write-downs -€5,976
down €5,976 (-33.8%), from €17,701 to €11,725
- Depreciation +€4,640
up €4,640 (+53.5%), from €8,680 to €13,320
- Staff costs -€4,154
down €4,154 (-8.9%), from €46,672 to €42,517
- Taxes +€3,040
up €3,040 (+38.2%), from €7,954 to €10,994
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 | €765,259 | €827,255 | +€61,996 | +8.1% |
| Fixed assets | 21/28 | €57,899 | €46,600 | -€11,300 | -19.5% |
| Tangible fixed assets | 22/27 | €57,899 | €46,600 | -€11,300 | -19.5% |
| Furniture and vehicles | 24 | €9,874 | €9,374 | -€500 | -5.1% |
| Leasing and similar rights | 25 | €48,025 | €37,225 | -€10,800 | -22.5% |
| Current assets | 29/58 | €707,360 | €780,655 | +€73,296 | +10.4% |
| Stocks and contracts in progress | 3 | €664,108 | €675,320 | +€11,212 | +1.7% |
| Stocks | 30/36 | €664,108 | €675,320 | +€11,212 | +1.7% |
| Amounts receivable within one year | 40/41 | €26,916 | €38,654 | +€11,738 | +43.6% |
| Trade receivables | 40 | €24,870 | €35,641 | +€10,770 | +43.3% |
| Other amounts receivable | 41 | €2,046 | €3,014 | +€968 | +47.3% |
| Cash at bank and in hand | 54/58 | €13,846 | €63,672 | +€49,825 | +359.8% |
| Deferred charges and accrued income | 490/1 | €2,490 | €3,009 | +€519 | +20.9% |
| Total equity and liabilities | 10/49 | €765,259 | €827,255 | +€61,996 | +8.1% |
| Equity | 10/15 | €124,403 | €144,812 | +€20,408 | +16.4% |
| Contributions | 10/11 | €13,804 | €13,804 | = | 0.0% |
| Reserves | 13 | €110,599 | €131,008 | +€20,408 | +18.5% |
| Tax-exempt reserves | 132 | €5,675 | €5,675 | = | 0.0% |
| Distributable reserves | 133 | €104,924 | €125,333 | +€20,408 | +19.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €640,856 | €682,443 | +€41,587 | +6.5% |
| Amounts payable after more than one year | 17 | €37,949 | €27,326 | -€10,624 | -28.0% |
| Financial debts | 170/4 | €37,949 | €27,326 | -€10,624 | -28.0% |
| Amounts payable within one year | 42/48 | €602,907 | €655,118 | +€52,211 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €10,245 | €10,624 | +€379 | +3.7% |
| Trade debts | 44 | €88,782 | €125,976 | +€37,193 | +41.9% |
| Suppliers | 440/4 | €88,782 | €125,976 | +€37,193 | +41.9% |
| Advances received on contracts in progress | 46 | €265,881 | €368,796 | +€102,915 | +38.7% |
| Taxes, remuneration and social security | 45 | €13,627 | €9,570 | -€4,057 | -29.8% |
| Taxes | 450/3 | €6,664 | €4,866 | -€1,798 | -27.0% |
| Remuneration and social security | 454/9 | €6,963 | €4,704 | -€2,259 | -32.4% |
| Other amounts payable | 47/48 | €224,372 | €140,153 | -€84,219 | -37.5% |
| Remuneration, social security and pensions | 62 | €46,672 | €42,517 | -€4,154 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,680 | €13,320 | +€4,640 | +53.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,701 | €11,725 | -€5,976 | -33.8% |
| Other operating charges | 640/8 | €2,720 | €3,768 | +€1,048 | +38.5% |
| Gross operating margin | 9900 | €128,871 | €105,161 | -€23,710 | -18.4% |
| Operating profit (loss) | 9901 | €53,098 | €33,831 | -€19,267 | -36.3% |
| Financial income | 75/76B | €645 | €170 | -€475 | -73.7% |
| Recurring financial income | 75 | €645 | €170 | -€475 | -73.7% |
| Financial charges | 65/66B | €1,834 | €2,598 | +€764 | +41.6% |
| Recurring financial charges | 65 | €1,834 | €2,598 | +€764 | +41.6% |
| Profit (loss) for the period before taxes | 9903 | €51,909 | €31,403 | -€20,506 | -39.5% |
| Income taxes | 67/77 | €7,954 | €10,994 | +€3,040 | +38.2% |
| Profit (loss) for the period | 9904 | €43,954 | €20,408 | -€23,546 | -53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,954 | €20,408 | -€23,546 | -53.6% |
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 4 October 2026 via checked.be.