DVS: what changed
DVS
Largest movements
- Tangible fixed assets -€8,775
down €8,775 (-45.8%), from €19,164 to €10,389
of which Plant, machinery and equipment: -€4,569
- Receivables within one year +€4,592
up €4,592 (+11.4%), from €40,406 to €44,998
of which Other amounts receivable: +€13,470
- Cash +€1,638
up €1,638 (+26.0%), from €6,286 to €7,924
mainly Depreciation (+€8,775) and Net result for the year (+€7,551)
- Deferred charges and accrued income -€808
down €808 (-36.8%), from €2,196 to €1,388
- Debts after one year -€13,375
down €13,375 (-43.5%), from €30,727 to €17,352
- Profit (loss) carried forward +€7,551
up €7,551 (+91.9%), from -€8,216 to -€665
- Trade debts -€5,923
down €5,923 (-71.5%), from €8,284 to €2,361
- Tax, wage and social debts +€5,259
up €5,259 (+331%), from €1,590 to €6,849
of which Remuneration and social security: +€3,000
- Current portion of long-term debt +€3,134
up €3,134 (+42.3%), from €7,410 to €10,544
- Gross operating margin +€21,361
up €21,361, from -€4,621 to €16,740
- Depreciation -€1,145
down €1,145 (-11.5%), from €9,920 to €8,775
- Financial income +€210
up €210 (+11.4%), from €1,832 to €2,041
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 | €68,053 | €64,699 | -€3,354 | -4.9% |
| Fixed assets | 21/28 | €19,164 | €10,389 | -€8,775 | -45.8% |
| Tangible fixed assets | 22/27 | €19,164 | €10,389 | -€8,775 | -45.8% |
| Plant, machinery and equipment | 23 | €11,460 | €6,891 | -€4,569 | -39.9% |
| Furniture and vehicles | 24 | €3,993 | €0 | -€3,993 | -100% |
| Other tangible fixed assets | 26 | €3,712 | €3,499 | -€213 | -5.8% |
| Current assets | 29/58 | €48,889 | €54,310 | +€5,421 | +11.1% |
| Amounts receivable within one year | 40/41 | €40,406 | €44,998 | +€4,592 | +11.4% |
| Trade receivables | 40 | €13,992 | €5,115 | -€8,878 | -63.4% |
| Other amounts receivable | 41 | €26,414 | €39,883 | +€13,470 | +51.0% |
| Cash at bank and in hand | 54/58 | €6,286 | €7,924 | +€1,638 | +26.0% |
| Deferred charges and accrued income | 490/1 | €2,196 | €1,388 | -€808 | -36.8% |
| Total equity and liabilities | 10/49 | €68,053 | €64,699 | -€3,354 | -4.9% |
| Equity | 10/15 | €5,048 | €12,600 | +€7,551 | +150% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €864 | €864 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €864 | €864 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,216 | -€665 | +€7,551 | +91.9% |
| Provisions and deferred taxes | 16 | €14,097 | €14,097 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €14,097 | €14,097 | = | 0.0% |
| Pensions and similar obligations | 160 | €14,097 | €14,097 | = | 0.0% |
| Amounts payable | 17/49 | €48,907 | €38,003 | -€10,905 | -22.3% |
| Amounts payable after more than one year | 17 | €30,727 | €17,352 | -€13,375 | -43.5% |
| Financial debts | 170/4 | €30,727 | €17,352 | -€13,375 | -43.5% |
| Amounts payable within one year | 42/48 | €18,180 | €20,650 | +€2,470 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | €7,410 | €10,544 | +€3,134 | +42.3% |
| Trade debts | 44 | €8,284 | €2,361 | -€5,923 | -71.5% |
| Suppliers | 440/4 | €8,284 | €2,361 | -€5,923 | -71.5% |
| Taxes, remuneration and social security | 45 | €1,590 | €6,849 | +€5,259 | +331% |
| Taxes | 450/3 | €1,590 | €3,849 | +€2,259 | +142% |
| Remuneration and social security | 454/9 | €0 | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €897 | €897 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,920 | €8,775 | -€1,145 | -11.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,278 | €1,262 | -€17 | -1.3% |
| Gross operating margin | 9900 | -€4,621 | €16,740 | +€21,361 | |
| Operating profit (loss) | 9901 | -€15,819 | €6,703 | +€22,523 | |
| Financial income | 75/76B | €1,832 | €2,041 | +€210 | +11.4% |
| Recurring financial income | 75 | €1,832 | €2,041 | +€210 | +11.4% |
| Financial charges | 65/66B | €1,188 | €1,193 | +€5 | +0.5% |
| Recurring financial charges | 65 | €1,188 | €1,193 | +€5 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,175 | €7,551 | +€22,727 | |
| Profit (loss) for the period | 9904 | -€15,175 | €7,551 | +€22,727 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,175 | €7,551 | +€22,727 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.