DVS-HOLLAIN: 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-HOLLAIN
Largest movements
- Receivables within one year +€80,666
up €80,666 (+38.6%), from €208,781 to €289,447
of which Trade receivables: +€61,494
- Cash -€47,855
down €47,855 (-39.7%), from €120,527 to €72,671
mainly Receivables within one year (-€80,666) and Trade debts (-€58,624)
- Stocks and contracts -€41,456
down €41,456 (-14.9%), from €277,676 to €236,220
- Profit (loss) carried forward +€70,692
up €70,692 (+24.7%), from €285,742 to €356,434
- Trade debts -€58,624
down €58,624 (-31.1%), from €188,575 to €129,951
- Tax, wage and social debts -€20,988
down €20,988 (-46.5%), from €45,121 to €24,133
of which Taxes: -€23,014
- Gross operating margin -€25,393
down €25,393 (-15.8%), from €161,120 to €135,726
- Write-downs -€12,000
down €12,000, from €6,000 to -€6,000
- Staff costs -€5,108
down €5,108 (-9.2%), from €55,426 to €50,318
- Taxes -€3,181
down €3,181 (-11.9%), from €26,824 to €23,643
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 | €606,983 | €598,339 | -€8,645 | -1.4% |
| Current assets | 29/58 | €606,983 | €598,339 | -€8,645 | -1.4% |
| Stocks and contracts in progress | 3 | €277,676 | €236,220 | -€41,456 | -14.9% |
| Stocks | 30/36 | €277,676 | €236,220 | -€41,456 | -14.9% |
| Amounts receivable within one year | 40/41 | €208,781 | €289,447 | +€80,666 | +38.6% |
| Trade receivables | 40 | €208,781 | €270,275 | +€61,494 | +29.5% |
| Other amounts receivable | 41 | - | €19,172 | +€19,172 | |
| Cash at bank and in hand | 54/58 | €120,527 | €72,671 | -€47,855 | -39.7% |
| Total equity and liabilities | 10/49 | €606,983 | €598,339 | -€8,645 | -1.4% |
| Equity | 10/15 | €323,133 | €393,825 | +€70,692 | +21.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,791 | €18,791 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,931 | €16,931 | = | 0.0% |
| Profit (loss) carried forward | 14 | €285,742 | €356,434 | +€70,692 | +24.7% |
| Amounts payable | 17/49 | €283,851 | €204,513 | -€79,337 | -28.0% |
| Amounts payable within one year | 42/48 | €283,851 | €204,513 | -€79,337 | -28.0% |
| Trade debts | 44 | €188,575 | €129,951 | -€58,624 | -31.1% |
| Suppliers | 440/4 | €188,575 | €129,951 | -€58,624 | -31.1% |
| Taxes, remuneration and social security | 45 | €45,121 | €24,133 | -€20,988 | -46.5% |
| Taxes | 450/3 | €37,339 | €14,324 | -€23,014 | -61.6% |
| Remuneration and social security | 454/9 | €7,782 | €9,808 | +€2,026 | +26.0% |
| Other amounts payable | 47/48 | €50,155 | €50,430 | +€275 | +0.5% |
| Remuneration, social security and pensions | 62 | €55,426 | €50,318 | -€5,108 | -9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,000 | -€6,000 | -€12,000 | |
| Gross operating margin | 9900 | €161,120 | €135,726 | -€25,393 | -15.8% |
| Operating profit (loss) | 9901 | €99,693 | €91,408 | -€8,285 | -8.3% |
| Financial income | 75/76B | €4,364 | €3,187 | -€1,177 | -27.0% |
| Recurring financial income | 75 | €4,364 | €3,187 | -€1,177 | -27.0% |
| Financial charges | 65/66B | €263 | €259 | -€3 | -1.3% |
| Recurring financial charges | 65 | €263 | €259 | -€3 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €103,795 | €94,336 | -€9,459 | -9.1% |
| Income taxes | 67/77 | €26,824 | €23,643 | -€3,181 | -11.9% |
| Profit (loss) for the period | 9904 | €76,970 | €70,692 | -€6,278 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €76,970 | €70,692 | -€6,278 | -8.2% |
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 20 October 2026 via checked.be.