DVV Zennevallei: what changed
What changed
DVV Zennevallei
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
€9,955
2024 · €75,398-€65,443
Equity
€187,524
2024 · €177,568+€9,955
Cash
€65,859
2024 · €52,268+€13,592
Balance sheet total
€1.3m
2024 · €1.4m-€141,076
Largest movements
Assets
- Intangible fixed assets -€127,866
down €127,866 (-15.8%), from €809,236 to €681,370
- Tangible fixed assets -€16,203
down €16,203 (-3.5%), from €467,713 to €451,511
of which Land and buildings: -€21,116
Equity and liabilities
- Debts after one year -€146,858
down €146,858 (-14.2%), from €1.0m to €888,006
- Trade debts -€21,737
down €21,737 (-45.1%), from €48,217 to €26,480
- Tax, wage and social debts +€20,069
up €20,069 (+62.3%), from €32,229 to €52,299
of which Remuneration and social security: +€22,493
Income statement
- Turnover +€724,798
new in 2025: €724,798
- Purchases and services +€264,174
new in 2025: €264,174
- Staff costs +€48,758
up €48,758 (+23.5%), from €207,748 to €256,506
- Gross operating margin -€25,574
down €25,574 (-5.2%), from €489,107 to €463,533
- Taxes -€20,256
down €20,256 (-80.9%), from €25,031 to €4,775
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€75,398
Gross operating margin
-€25,574
Staff costs
-€48,758
Depreciation
-€620
Other operating charges
+€872
Other operating items
-€15,050
Financial income
-€27
Financial charges
+€3,457
Taxes
+€20,256
Result 2025
€9,955
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€168,838
Investment
-€5,883
Financing
-€149,363
Cash 2024
€52,268
From operations (derived)
+€168,838
Net result for the year
+€9,955
Depreciation
+€150,269
Deferred charges and accrued income
+€10,282
Trade debts
-€21,737
Tax, wage and social debts
+€20,069
Investment (derived)
-€5,883
Investment in fixed assets (net)
-€5,883
Financing
-€149,363
Debts after one year
-€146,858
Current portion of long-term debt
-€2,505
Cash 2025
€65,859
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,443,368 | €1,302,292 | -€141,076 | -9.8% |
| Formation expenses | 20 | €317 | €0 | -€317 | -100% |
| Fixed assets | 21/28 | €1,276,949 | €1,132,880 | -€144,069 | -11.3% |
| Intangible fixed assets | 21 | €809,236 | €681,370 | -€127,866 | -15.8% |
| Tangible fixed assets | 22/27 | €467,713 | €451,511 | -€16,203 | -3.5% |
| Land and buildings | 22 | €463,746 | €442,630 | -€21,116 | -4.6% |
| Plant, machinery and equipment | 23 | €3,967 | €8,881 | +€4,913 | +124% |
| Current assets | 29/58 | €166,102 | €169,412 | +€3,309 | +2.0% |
| Amounts receivable within one year | 40/41 | €60,964 | €60,964 | = | 0.0% |
| Trade receivables | 40 | €60,964 | €60,964 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €52,268 | €65,859 | +€13,592 | +26.0% |
| Deferred charges and accrued income | 490/1 | €52,870 | €42,588 | -€10,282 | -19.4% |
| Total equity and liabilities | 10/49 | €1,443,368 | €1,302,292 | -€141,076 | -9.8% |
| Equity | 10/15 | €177,568 | €187,524 | +€9,955 | +5.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €172,568 | €182,524 | +€9,955 | +5.8% |
| Distributable reserves | 133 | €172,568 | €182,524 | +€9,955 | +5.8% |
| Amounts payable | 17/49 | €1,265,800 | €1,114,768 | -€151,032 | -11.9% |
| Amounts payable after more than one year | 17 | €1,034,864 | €888,006 | -€146,858 | -14.2% |
| Financial debts | 170/4 | €1,034,864 | €888,006 | -€146,858 | -14.2% |
| Amounts payable within one year | 42/48 | €230,936 | €226,762 | -€4,173 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €149,363 | €146,858 | -€2,505 | -1.7% |
| Trade debts | 44 | €48,217 | €26,480 | -€21,737 | -45.1% |
| Suppliers | 440/4 | €48,217 | €26,480 | -€21,737 | -45.1% |
| Taxes, remuneration and social security | 45 | €32,229 | €52,299 | +€20,069 | +62.3% |
| Taxes | 450/3 | €32,229 | €29,806 | -€2,424 | -7.5% |
| Remuneration and social security | 454/9 | - | €22,493 | +€22,493 | |
| Other amounts payable | 47/48 | €1,126 | €1,126 | = | 0.0% |
| Turnover | 70 | - | €724,798 | +€724,798 | |
| Non-recurring operating income | 76A | €18,284 | €2,909 | -€15,375 | -84.1% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €264,174 | +€264,174 | |
| Remuneration, social security and pensions | 62 | €207,748 | €256,506 | +€48,758 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,649 | €150,269 | +€620 | +0.4% |
| Other operating charges | 640/8 | €1,997 | €1,125 | -€872 | -43.7% |
| Non-recurring operating charges | 66A | €477 | €15,526 | +€15,050 | +3,158% |
| Gross operating margin | 9900 | €489,107 | €463,533 | -€25,574 | -5.2% |
| Operating profit (loss) | 9901 | €129,236 | €40,107 | -€89,129 | -69.0% |
| Financial income | 75/76B | €27 | €0 | -€27 | -99.4% |
| Recurring financial income | 75 | €27 | €0 | -€27 | -99.4% |
| Financial charges | 65/66B | €28,834 | €25,377 | -€3,457 | -12.0% |
| Recurring financial charges | 65 | €28,834 | €25,377 | -€3,457 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €100,429 | €14,730 | -€85,699 | -85.3% |
| Income taxes | 67/77 | €25,031 | €4,775 | -€20,256 | -80.9% |
| Profit (loss) for the period | 9904 | €75,398 | €9,955 | -€65,443 | -86.8% |
| Profit (loss) for the period to be appropriated | 9905 | €75,398 | €9,955 | -€65,443 | -86.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.