DVR Technics: what changed
DVR Technics
Largest movements
- Cash -€123,973
down €123,973 (-51.2%), from €241,979 to €118,006
mainly Other debts (-€365,000) and Receivables within one year (-€114,105)
- Receivables within one year +€114,105
up €114,105 (+28.6%), from €399,440 to €513,545
of which Trade receivables: +€116,442
- Intangible fixed assets -€50,000
down €50,000 (-15.4%), from €325,000 to €275,000
- Tangible fixed assets -€14,252
down €14,252 (-27.3%), from €52,218 to €37,966
of which Plant, machinery and equipment: -€8,368
- Profit (loss) carried forward +€451,224
up €451,224 (+1,387%), from €32,532 to €483,756
- Other debts -€365,000
no longer reported in 2025 (was €365,000)
- Trade debts -€112,364
down €112,364 (-23.6%), from €475,609 to €363,245
- Debts after one year -€63,090
no longer reported in 2025 (was €63,090)
- Accrued charges and deferred income +€50,000
new in 2025: €50,000
- Gross operating margin +€279,462
up €279,462 (+36.4%), from €768,435 to €1.0m
- Staff costs +€88,392
up €88,392 (+32.5%), from €272,106 to €360,498
- Taxes +€43,085
up €43,085 (+40.5%), from €106,372 to €149,457
- Financial charges +€13,524
up €13,524 (+266%), from €5,091 to €18,615
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,119,697 | €1,038,533 | -€81,164 | -7.2% |
| Fixed assets | 21/28 | €377,218 | €312,966 | -€64,252 | -17.0% |
| Intangible fixed assets | 21 | €325,000 | €275,000 | -€50,000 | -15.4% |
| Tangible fixed assets | 22/27 | €52,218 | €37,966 | -€14,252 | -27.3% |
| Plant, machinery and equipment | 23 | €27,475 | €19,107 | -€8,368 | -30.5% |
| Furniture and vehicles | 24 | €24,743 | €18,859 | -€5,884 | -23.8% |
| Current assets | 29/58 | €742,479 | €725,567 | -€16,912 | -2.3% |
| Stocks and contracts in progress | 3 | €99,025 | €91,845 | -€7,180 | -7.3% |
| Stocks | 30/36 | €99,025 | €91,845 | -€7,180 | -7.3% |
| Amounts receivable within one year | 40/41 | €399,440 | €513,545 | +€114,105 | +28.6% |
| Trade receivables | 40 | €331,831 | €448,273 | +€116,442 | +35.1% |
| Other amounts receivable | 41 | €67,609 | €65,272 | -€2,337 | -3.5% |
| Cash at bank and in hand | 54/58 | €241,979 | €118,006 | -€123,973 | -51.2% |
| Deferred charges and accrued income | 490/1 | €2,035 | €2,171 | +€136 | +6.7% |
| Total equity and liabilities | 10/49 | €1,119,697 | €1,038,533 | -€81,164 | -7.2% |
| Equity | 10/15 | €82,532 | €533,756 | +€451,224 | +547% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,532 | €483,756 | +€451,224 | +1,387% |
| Amounts payable | 17/49 | €1,037,165 | €504,777 | -€532,388 | -51.3% |
| Amounts payable after more than one year | 17 | €63,090 | - | -€63,090 | |
| Financial debts | 170/4 | €63,090 | - | -€63,090 | |
| Amounts payable within one year | 42/48 | €974,075 | €454,777 | -€519,298 | -53.3% |
| Current portion of amounts payable after more than one year | 42 | €107,007 | €63,091 | -€43,916 | -41.0% |
| Trade debts | 44 | €475,609 | €363,245 | -€112,364 | -23.6% |
| Suppliers | 440/4 | €475,609 | €363,245 | -€112,364 | -23.6% |
| Taxes, remuneration and social security | 45 | €26,459 | €28,441 | +€1,982 | +7.5% |
| Taxes | 450/3 | €6,334 | €7,108 | +€774 | +12.2% |
| Remuneration and social security | 454/9 | €20,125 | €21,333 | +€1,208 | +6.0% |
| Other amounts payable | 47/48 | €365,000 | - | -€365,000 | |
| Accrued charges and deferred income | 492/3 | - | €50,000 | +€50,000 | |
| Remuneration, social security and pensions | 62 | €272,106 | €360,498 | +€88,392 | +32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,629 | €67,369 | -€1,260 | -1.8% |
| Other operating charges | 640/8 | €3,683 | €5,315 | +€1,632 | +44.3% |
| Gross operating margin | 9900 | €768,435 | €1,047,897 | +€279,462 | +36.4% |
| Operating profit (loss) | 9901 | €424,017 | €614,715 | +€190,698 | +45.0% |
| Financial income | 75/76B | €2,383 | €4,581 | +€2,198 | +92.2% |
| Recurring financial income | 75 | €2,383 | €4,581 | +€2,198 | +92.2% |
| Financial charges | 65/66B | €5,091 | €18,615 | +€13,524 | +266% |
| Recurring financial charges | 65 | €5,091 | €18,615 | +€13,524 | +266% |
| Profit (loss) for the period before taxes | 9903 | €421,309 | €600,681 | +€179,372 | +42.6% |
| Income taxes | 67/77 | €106,372 | €149,457 | +€43,085 | +40.5% |
| Profit (loss) for the period | 9904 | €314,937 | €451,224 | +€136,287 | +43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €314,937 | €451,224 | +€136,287 | +43.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.