DVS Company: 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.
DVS Company
Largest movements
- Tangible fixed assets -€49,308
down €49,308 (-8.0%), from €618,973 to €569,665
of which Land and buildings: -€47,059
- Deferred charges and accrued income +€24,958
up €24,958 (+1,990%), from €1,254 to €26,212
- Receivables within one year +€10,044
up €10,044 (+57.4%), from €17,488 to €27,532
of which Other amounts receivable: +€5,768
- Debts after one year -€46,974
down €46,974 (-10.1%), from €465,195 to €418,221
of which Other amounts payable: -€27,577
- Reserves +€18,098
up €18,098 (+20.2%), from €89,445 to €107,543
- Current portion of long-term debt +€9,067
up €9,067 (+18.2%), from €49,712 to €58,779
- Gross operating margin -€22,788
down €22,788 (-20.1%), from €113,461 to €90,673
- Taxes -€7,836
down €7,836 (-50.6%), from €15,481 to €7,645
- Financial charges -€2,273
down €2,273 (-15.0%), from €15,163 to €12,890
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 | €640,674 | €627,722 | -€12,951 | -2.0% |
| Fixed assets | 21/28 | €618,973 | €569,665 | -€49,308 | -8.0% |
| Tangible fixed assets | 22/27 | €618,973 | €569,665 | -€49,308 | -8.0% |
| Land and buildings | 22 | €604,856 | €557,797 | -€47,059 | -7.8% |
| Other tangible fixed assets | 26 | €14,118 | €11,868 | -€2,249 | -15.9% |
| Current assets | 29/58 | €21,701 | €58,057 | +€36,356 | +168% |
| Amounts receivable within one year | 40/41 | €17,488 | €27,532 | +€10,044 | +57.4% |
| Trade receivables | 40 | €16,984 | €21,260 | +€4,276 | +25.2% |
| Other amounts receivable | 41 | €505 | €6,272 | +€5,768 | +1,143% |
| Cash at bank and in hand | 54/58 | €2,958 | €4,313 | +€1,355 | +45.8% |
| Deferred charges and accrued income | 490/1 | €1,254 | €26,212 | +€24,958 | +1,990% |
| Total equity and liabilities | 10/49 | €640,674 | €627,722 | -€12,951 | -2.0% |
| Equity | 10/15 | €90,445 | €108,543 | +€18,098 | +20.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €89,445 | €107,543 | +€18,098 | +20.2% |
| Distributable reserves | 133 | €89,445 | €107,543 | +€18,098 | +20.2% |
| Amounts payable | 17/49 | €550,228 | €519,179 | -€31,050 | -5.6% |
| Amounts payable after more than one year | 17 | €465,195 | €418,221 | -€46,974 | -10.1% |
| Financial debts | 170/4 | €419,836 | €400,439 | -€19,397 | -4.6% |
| Other amounts payable | 178/9 | €45,358 | €17,782 | -€27,577 | -60.8% |
| Amounts payable within one year | 42/48 | €82,365 | €98,630 | +€16,265 | +19.7% |
| Current portion of amounts payable after more than one year | 42 | €49,712 | €58,779 | +€9,067 | +18.2% |
| Financial debts | 43 | €25,387 | €31,624 | +€6,237 | +24.6% |
| Credit institutions | 430/8 | €25,387 | €31,624 | +€6,237 | +24.6% |
| Trade debts | 44 | €3,675 | €5,595 | +€1,919 | +52.2% |
| Suppliers | 440/4 | €3,675 | €5,595 | +€1,919 | +52.2% |
| Taxes, remuneration and social security | 45 | €3,591 | €2,633 | -€958 | -26.7% |
| Taxes | 450/3 | €3,591 | €2,633 | -€958 | -26.7% |
| Accrued charges and deferred income | 492/3 | €2,669 | €2,328 | -€341 | -12.8% |
| Non-recurring operating income | 76A | - | €891 | +€891 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,041 | €49,308 | +€267 | +0.5% |
| Other operating charges | 640/8 | €2,836 | €2,760 | -€76 | -2.7% |
| Gross operating margin | 9900 | €113,461 | €90,673 | -€22,788 | -20.1% |
| Operating profit (loss) | 9901 | €61,584 | €38,605 | -€22,979 | -37.3% |
| Financial income | 75/76B | €0 | €28 | +€28 | +69,475% |
| Recurring financial income | 75 | €0 | €28 | +€28 | +69,475% |
| Financial charges | 65/66B | €15,163 | €12,890 | -€2,273 | -15.0% |
| Recurring financial charges | 65 | €15,163 | €12,890 | -€2,273 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €46,421 | €25,743 | -€20,678 | -44.5% |
| Income taxes | 67/77 | €15,481 | €7,645 | -€7,836 | -50.6% |
| Profit (loss) for the period | 9904 | €30,940 | €18,098 | -€12,842 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,940 | €18,098 | -€12,842 | -41.5% |
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 24 October 2026 via checked.be.