DVV Stekene: 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.
DVV Stekene
Largest movements
- Cash +€441,928
up €441,928 (+783%), from €56,444 to €498,372
- Current investments +€165,552
up €165,552 (+62.4%), from €265,422 to €430,974
- Financial fixed assets +€30,000
up €30,000 (+300,000%), from €10 to €30,010
- Tangible fixed assets -€27,714
down €27,714 (-32.9%), from €84,234 to €56,521
of which Furniture and vehicles: -€24,638
- Reserves +€584,895
up €584,895 (+178%), from €328,911 to €913,807
of which Distributable reserves: +€584,895
- Tax, wage and social debts +€38,140
up €38,140 (+181%), from €21,083 to €59,223
of which Taxes: +€51,316
- Trade debts +€29,046
up €29,046 (+3,455%), from €841 to €29,886
- Debts after one year -€28,589
down €28,589 (-49.3%), from €57,935 to €29,346
- Other debts -€16,438
down €16,438 (-100%), from €16,438 to €0
- Gross operating margin +€856,602
up €856,602 (+388%), from €220,639 to €1.1m
- Taxes +€262,092
up €262,092 (+866%), from €30,259 to €292,351
- Staff costs +€34,586
up €34,586 (+37.0%), from €93,404 to €127,990
- Depreciation +€13,291
up €13,291 (+55.0%), from €24,183 to €37,474
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €450,382 | €1,057,628 | +€607,246 | +135% |
| Fixed assets | 21/28 | €84,244 | €86,531 | +€2,286 | +2.7% |
| Tangible fixed assets | 22/27 | €84,234 | €56,521 | -€27,714 | -32.9% |
| Land and buildings | 22 | €41,426 | €32,369 | -€9,057 | -21.9% |
| Plant, machinery and equipment | 23 | €638 | €6,620 | +€5,982 | +938% |
| Furniture and vehicles | 24 | €42,170 | €17,532 | -€24,638 | -58.4% |
| Financial fixed assets | 28 | €10 | €30,010 | +€30,000 | +300,000% |
| Current assets | 29/58 | €366,138 | €971,097 | +€604,960 | +165% |
| Amounts receivable within one year | 40/41 | €43,397 | €41,607 | -€1,790 | -4.1% |
| Trade receivables | 40 | €33,395 | €37,426 | +€4,031 | +12.1% |
| Other amounts receivable | 41 | €10,002 | €4,181 | -€5,822 | -58.2% |
| Current investments | 50/53 | €265,422 | €430,974 | +€165,552 | +62.4% |
| Cash at bank and in hand | 54/58 | €56,444 | €498,372 | +€441,928 | +783% |
| Deferred charges and accrued income | 490/1 | €875 | €144 | -€731 | -83.5% |
| Total equity and liabilities | 10/49 | €450,382 | €1,057,628 | +€607,246 | +135% |
| Equity | 10/15 | €335,111 | €920,007 | +€584,895 | +175% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €328,911 | €913,807 | +€584,895 | +178% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €328,911 | €913,807 | +€584,895 | +178% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €115,271 | €137,621 | +€22,351 | +19.4% |
| Amounts payable after more than one year | 17 | €57,935 | €29,346 | -€28,589 | -49.3% |
| Financial debts | 170/4 | €57,935 | €29,346 | -€28,589 | -49.3% |
| Amounts payable within one year | 42/48 | €56,900 | €108,275 | +€51,376 | +90.3% |
| Current portion of amounts payable after more than one year | 42 | €18,537 | €19,166 | +€628 | +3.4% |
| Trade debts | 44 | €841 | €29,886 | +€29,046 | +3,455% |
| Suppliers | 440/4 | €841 | €29,886 | +€29,046 | +3,455% |
| Taxes, remuneration and social security | 45 | €21,083 | €59,223 | +€38,140 | +181% |
| Taxes | 450/3 | €7,908 | €59,223 | +€51,316 | +649% |
| Remuneration and social security | 454/9 | €13,176 | €0 | -€13,176 | -100% |
| Other amounts payable | 47/48 | €16,438 | €0 | -€16,438 | -100% |
| Accrued charges and deferred income | 492/3 | €436 | €0 | -€436 | -100% |
| Non-recurring operating income | 76A | - | €831,346 | +€831,346 | |
| Remuneration, social security and pensions | 62 | €93,404 | €127,990 | +€34,586 | +37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,183 | €37,474 | +€13,291 | +55.0% |
| Other operating charges | 640/8 | €2,735 | €5,787 | +€3,053 | +112% |
| Gross operating margin | 9900 | €220,639 | €1,077,241 | +€856,602 | +388% |
| Operating profit (loss) | 9901 | €100,317 | €905,989 | +€805,673 | +803% |
| Financial income | 75/76B | €4,383 | €10,804 | +€6,421 | +147% |
| Recurring financial income | 75 | €4,383 | €10,804 | +€6,421 | +147% |
| Financial charges | 65/66B | €1,588 | €7,655 | +€6,067 | +382% |
| Recurring financial charges | 65 | €1,588 | €7,655 | +€6,067 | +382% |
| Profit (loss) for the period before taxes | 9903 | €103,112 | €909,138 | +€806,026 | +782% |
| Income taxes | 67/77 | €30,259 | €292,351 | +€262,092 | +866% |
| Profit (loss) for the period | 9904 | €72,853 | €616,787 | +€543,934 | +747% |
| Profit (loss) for the period to be appropriated | 9905 | €72,853 | €616,787 | +€543,934 | +747% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.