DVV HASSELT: 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.
What changed
DVV HASSELT
NACE 66.220, Insurance agents and brokers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€753
2024 · €3,551-€2,798
Equity
€23,367
2024 · €22,615+€753
Cash
€157,509
2024 · €159,521-€2,011
Balance sheet total
€1.4m
2024 · €1.4m+€35,883
Largest movements
Assets
- Current investments +€40,000
up €40,000 (+66.7%), from €60,000 to €100,000
- Intangible fixed assets -€16,833
down €16,833 (-1.5%), from €1.1m to €1.1m
Equity and liabilities
- Trade debts +€43,963
up €43,963 (+25.3%), from €173,585 to €217,548
Income statement
- Gross operating margin +€47,180
up €47,180 (+13.8%), from €342,700 to €389,880
- Staff costs +€41,024
up €41,024 (+25.9%), from €158,686 to €199,710
- Depreciation +€10,070
up €10,070 (+6.4%), from €158,374 to €168,444
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.
Result 2024
€3,551
Gross operating margin
+€47,180
Staff costs
-€41,024
Depreciation
-€10,070
Other operating charges
-€6
Financial income
+€832
Financial charges
+€965
Taxes
-€674
Result 2025
€753
raises the resultlowers the result
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.
From operations
+€207,499
Investment
-€198,448
Financing
-€11,063
Cash 2024
€159,521
From operations (derived)
+€207,499
Net result for the year
+€753
Depreciation
+€168,444
Deferred charges and accrued income
-€7,890
Trade debts
+€43,963
Tax, wage and social debts
+€2,230
Investment (derived)
-€198,448
Investment in fixed assets (net)
-€158,448
Current investments
-€40,000
Financing
-€11,063
Debts after one year
-€10,643
Current portion of long-term debt
-€420
Cash 2025
€157,509
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,381,885 | €1,417,768 | +€35,883 | +2.6% |
| Fixed assets | 21/28 | €1,125,328 | €1,115,331 | -€9,996 | -0.9% |
| Intangible fixed assets | 21 | €1,097,911 | €1,081,078 | -€16,833 | -1.5% |
| Tangible fixed assets | 22/27 | €24,987 | €31,824 | +€6,837 | +27.4% |
| Plant, machinery and equipment | 23 | €13,233 | €10,320 | -€2,913 | -22.0% |
| Furniture and vehicles | 24 | €11,753 | €21,503 | +€9,750 | +83.0% |
| Financial fixed assets | 28 | €2,430 | €2,430 | = | 0.0% |
| Current assets | 29/58 | €256,558 | €302,436 | +€45,879 | +17.9% |
| Amounts receivable within one year | 40/41 | €460 | €460 | = | 0.0% |
| Other amounts receivable | 41 | €460 | €460 | = | 0.0% |
| Current investments | 50/53 | €60,000 | €100,000 | +€40,000 | +66.7% |
| Cash at bank and in hand | 54/58 | €159,521 | €157,509 | -€2,011 | -1.3% |
| Deferred charges and accrued income | 490/1 | €36,577 | €44,467 | +€7,890 | +21.6% |
| Total equity and liabilities | 10/49 | €1,381,885 | €1,417,768 | +€35,883 | +2.6% |
| Equity | 10/15 | €22,615 | €23,367 | +€753 | +3.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €16,615 | €17,367 | +€753 | +4.5% |
| Distributable reserves | 133 | €16,615 | €17,367 | +€753 | +4.5% |
| Amounts payable | 17/49 | €1,359,271 | €1,394,401 | +€35,130 | +2.6% |
| Amounts payable after more than one year | 17 | €1,024,686 | €1,014,043 | -€10,643 | -1.0% |
| Financial debts | 170/4 | €1,024,686 | €1,014,043 | -€10,643 | -1.0% |
| Amounts payable within one year | 42/48 | €334,584 | €380,358 | +€45,773 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €145,511 | €145,091 | -€420 | -0.3% |
| Trade debts | 44 | €173,585 | €217,548 | +€43,963 | +25.3% |
| Suppliers | 440/4 | €173,585 | €217,548 | +€43,963 | +25.3% |
| Taxes, remuneration and social security | 45 | €15,488 | €17,718 | +€2,230 | +14.4% |
| Taxes | 450/3 | €2,420 | €524 | -€1,896 | -78.3% |
| Remuneration and social security | 454/9 | €13,068 | €17,194 | +€4,126 | +31.6% |
| Remuneration, social security and pensions | 62 | €158,686 | €199,710 | +€41,024 | +25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €158,374 | €168,444 | +€10,070 | +6.4% |
| Other operating charges | 640/8 | €1,179 | €1,184 | +€6 | +0.5% |
| Gross operating margin | 9900 | €342,700 | €389,880 | +€47,180 | +13.8% |
| Operating profit (loss) | 9901 | €24,462 | €20,541 | -€3,921 | -16.0% |
| Financial income | 75/76B | €1,189 | €2,021 | +€832 | +69.9% |
| Recurring financial income | 75 | €1,189 | €2,021 | +€832 | +69.9% |
| Financial charges | 65/66B | €19,523 | €18,558 | -€965 | -4.9% |
| Recurring financial charges | 65 | €19,523 | €18,558 | -€965 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €6,127 | €4,003 | -€2,124 | -34.7% |
| Income taxes | 67/77 | €2,576 | €3,250 | +€674 | +26.2% |
| Profit (loss) for the period | 9904 | €3,551 | €753 | -€2,798 | -78.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,551 | €753 | -€2,798 | -78.8% |
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 23 October 2026 via checked.be.