DVS TRADING CO: 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 TRADING CO
Largest movements
- Stocks and contracts +€478,755
up €478,755 (+239%), from €199,920 to €678,675
- Cash -€321,040
down €321,040 (-17.3%), from €1.9m to €1.5m
mainly Stocks and contracts (-€478,755) and Trade debts (-€31,512)
- Receivables within one year -€74,707
down €74,707 (-6.8%), from €1.1m to €1.0m
of which Trade receivables: -€64,896
- Profit (loss) carried forward +€111,455
up €111,455 (+3.7%), from €3.0m to €3.1m
- Gross operating margin -€243,847
down €243,847 (-65.7%), from €370,907 to €127,059
- Staff costs -€26,833
no longer reported in 2025 (was €26,833)
- Depreciation +€14,986
up €14,986 (+95.4%), from €15,715 to €30,701
- Financial income -€9,413
down €9,413 (-22.7%), from €41,377 to €31,964
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 | €3,297,439 | €3,350,014 | +€52,576 | +1.6% |
| Fixed assets | 21/28 | €140,837 | €110,137 | -€30,701 | -21.8% |
| Tangible fixed assets | 22/27 | €140,637 | €109,937 | -€30,701 | -21.8% |
| Furniture and vehicles | 24 | €99,968 | €75,506 | -€24,462 | -24.5% |
| Other tangible fixed assets | 26 | €40,669 | €34,431 | -€6,238 | -15.3% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €3,156,601 | €3,239,878 | +€83,276 | +2.6% |
| Stocks and contracts in progress | 3 | €199,920 | €678,675 | +€478,755 | +239% |
| Stocks | 30/36 | €199,920 | €678,675 | +€478,755 | +239% |
| Amounts receivable within one year | 40/41 | €1,101,459 | €1,026,752 | -€74,707 | -6.8% |
| Trade receivables | 40 | €1,077,078 | €1,012,182 | -€64,896 | -6.0% |
| Other amounts receivable | 41 | €24,381 | €14,571 | -€9,811 | -40.2% |
| Cash at bank and in hand | 54/58 | €1,855,222 | €1,534,183 | -€321,040 | -17.3% |
| Deferred charges and accrued income | 490/1 | - | €267 | +€267 | |
| Total equity and liabilities | 10/49 | €3,297,439 | €3,350,014 | +€52,576 | +1.6% |
| Equity | 10/15 | €3,025,417 | €3,136,872 | +€111,455 | +3.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,003,417 | €3,114,872 | +€111,455 | +3.7% |
| Amounts payable | 17/49 | €272,021 | €213,142 | -€58,880 | -21.6% |
| Amounts payable within one year | 42/48 | €272,021 | €213,142 | -€58,880 | -21.6% |
| Trade debts | 44 | €33,809 | €2,297 | -€31,512 | -93.2% |
| Suppliers | 440/4 | €33,809 | €2,297 | -€31,512 | -93.2% |
| Taxes, remuneration and social security | 45 | €1,500 | €1,500 | = | 0.0% |
| Taxes | 450/3 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €236,712 | €209,345 | -€27,367 | -11.6% |
| Remuneration, social security and pensions | 62 | €26,833 | - | -€26,833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,715 | €30,701 | +€14,986 | +95.4% |
| Other operating charges | 640/8 | €3,684 | €2,243 | -€1,441 | -39.1% |
| Gross operating margin | 9900 | €370,907 | €127,059 | -€243,847 | -65.7% |
| Operating profit (loss) | 9901 | €324,675 | €94,115 | -€230,559 | -71.0% |
| Financial income | 75/76B | €41,377 | €31,964 | -€9,413 | -22.7% |
| Recurring financial income | 75 | €41,377 | €31,964 | -€9,413 | -22.7% |
| Financial charges | 65/66B | €1,802 | €5,029 | +€3,227 | +179% |
| Recurring financial charges | 65 | €1,802 | €5,029 | +€3,227 | +179% |
| Profit (loss) for the period before taxes | 9903 | €364,250 | €121,051 | -€243,199 | -66.8% |
| Income taxes | 67/77 | €8,258 | €9,596 | +€1,337 | +16.2% |
| Profit (loss) for the period | 9904 | €355,991 | €111,455 | -€244,536 | -68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €355,991 | €111,455 | -€244,536 | -68.7% |
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 25 October 2026 via checked.be.