DVX: what changed
DVX
Largest movements
- Deferred charges and accrued income +€4,644
new in 2025: €4,644
- Cash -€2,849
down €2,849 (-7.7%), from €36,861 to €34,012
mainly Trade debts (-€22,618) and Deferred charges and accrued income (-€4,644)
- Receivables within one year +€2,703
up €2,703 (+13.4%), from €20,176 to €22,879
of which Trade receivables: +€3,549
- Tangible fixed assets +€1,446
up €1,446 (+47.2%), from €3,065 to €4,511
- Profit (loss) carried forward +€23,132
up €23,132 (+263%), from €8,806 to €31,938
- Trade debts -€22,618
down €22,618 (-89.2%), from €25,345 to €2,726
- Tax, wage and social debts +€3,334
up €3,334 (+17.6%), from €18,980 to €22,314
of which Taxes: +€7,834
- Other debts +€2,096
up €2,096 (+52.8%), from €3,972 to €6,068
- Gross operating margin +€21,636
up €21,636 (+175%), from €12,375 to €34,010
- Taxes +€5,751
up €5,751 (+232%), from €2,475 to €8,225
- Other operating charges +€964
up €964 (+139%), from €694 to €1,658
- Depreciation +€537
up €537 (+146%), from €367 to €904
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,102 | €66,046 | +€5,944 | +9.9% |
| Fixed assets | 21/28 | €3,065 | €4,511 | +€1,446 | +47.2% |
| Tangible fixed assets | 22/27 | €3,065 | €4,511 | +€1,446 | +47.2% |
| Furniture and vehicles | 24 | €3,065 | €4,511 | +€1,446 | +47.2% |
| Current assets | 29/58 | €57,037 | €61,535 | +€4,498 | +7.9% |
| Amounts receivable within one year | 40/41 | €20,176 | €22,879 | +€2,703 | +13.4% |
| Trade receivables | 40 | €19,313 | €22,861 | +€3,549 | +18.4% |
| Other amounts receivable | 41 | €863 | €17 | -€846 | -98.0% |
| Cash at bank and in hand | 54/58 | €36,861 | €34,012 | -€2,849 | -7.7% |
| Deferred charges and accrued income | 490/1 | - | €4,644 | +€4,644 | |
| Total equity and liabilities | 10/49 | €60,102 | €66,046 | +€5,944 | +9.9% |
| Equity | 10/15 | €11,806 | €34,938 | +€23,132 | +196% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,806 | €31,938 | +€23,132 | +263% |
| Amounts payable | 17/49 | €48,296 | €31,108 | -€17,188 | -35.6% |
| Amounts payable within one year | 42/48 | €48,296 | €31,108 | -€17,188 | -35.6% |
| Trade debts | 44 | €25,345 | €2,726 | -€22,618 | -89.2% |
| Suppliers | 440/4 | €25,345 | €2,726 | -€22,618 | -89.2% |
| Taxes, remuneration and social security | 45 | €18,980 | €22,314 | +€3,334 | +17.6% |
| Taxes | 450/3 | €14,480 | €22,314 | +€7,834 | +54.1% |
| Remuneration and social security | 454/9 | €4,500 | €0 | -€4,500 | -100% |
| Other amounts payable | 47/48 | €3,972 | €6,068 | +€2,096 | +52.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €367 | €904 | +€537 | +146% |
| Other operating charges | 640/8 | €694 | €1,658 | +€964 | +139% |
| Gross operating margin | 9900 | €12,375 | €34,010 | +€21,636 | +175% |
| Operating profit (loss) | 9901 | €11,314 | €31,448 | +€20,135 | +178% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €33 | €91 | +€58 | +175% |
| Recurring financial charges | 65 | €33 | €91 | +€58 | +175% |
| Profit (loss) for the period before taxes | 9903 | €11,280 | €31,357 | +€20,077 | +178% |
| Income taxes | 67/77 | €2,475 | €8,225 | +€5,751 | +232% |
| Profit (loss) for the period | 9904 | €8,806 | €23,132 | +€14,327 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €8,806 | €23,132 | +€14,327 | +163% |
Next steps
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 2 November 2026 via checked.be.