DYVERTEX: 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.
DYVERTEX
Largest movements
- Tangible fixed assets -€88,047
down €88,047 (-4.8%), from €1.8m to €1.7m
of which Land and buildings: -€87,214
- Other debts -€160,000
down €160,000 (-100.0%), from €160,000 to €0
- Profit (loss) carried forward +€94,239
up €94,239 (+53.3%), from -€176,671 to -€82,432
- Trade debts -€37,652
down €37,652 (-62.3%), from €60,471 to €22,819
- Current portion of long-term debt +€28,131
up €28,131 (+17.3%), from €162,206 to €190,337
- Gross operating margin +€21,770
up €21,770 (+8.1%), from €267,309 to €289,079
- Taxes +€12,208
new in 2025: €12,208
- Depreciation +€9,217
up €9,217 (+10.5%), from €87,413 to €96,630
- Other operating charges +€3,113
up €3,113 (+37.5%), from €8,304 to €11,417
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.
Cash bridge derived
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 | €1,881,245 | €1,792,206 | -€89,039 | -4.7% |
| Fixed assets | 21/28 | €1,829,121 | €1,741,074 | -€88,047 | -4.8% |
| Tangible fixed assets | 22/27 | €1,825,910 | €1,737,863 | -€88,047 | -4.8% |
| Land and buildings | 22 | €1,824,456 | €1,737,242 | -€87,214 | -4.8% |
| Plant, machinery and equipment | 23 | €873 | €373 | -€500 | -57.3% |
| Furniture and vehicles | 24 | €582 | €248 | -€333 | -57.3% |
| Financial fixed assets | 28 | €3,211 | €3,211 | = | 0.0% |
| Current assets | 29/58 | €52,124 | €51,132 | -€992 | -1.9% |
| Amounts receivable within one year | 40/41 | €30,127 | €33,739 | +€3,612 | +12.0% |
| Trade receivables | 40 | €30,127 | €13,739 | -€16,388 | -54.4% |
| Other amounts receivable | 41 | €0 | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €21,997 | €17,393 | -€4,603 | -20.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,881,245 | €1,792,206 | -€89,039 | -4.7% |
| Equity | 10/15 | €139,382 | €233,622 | +€94,239 | +67.6% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €66,054 | €66,054 | = | 0.0% |
| Tax-exempt reserves | 132 | €38,444 | €38,444 | = | 0.0% |
| Distributable reserves | 133 | €27,610 | €27,610 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€176,671 | -€82,432 | +€94,239 | +53.3% |
| Amounts payable | 17/49 | €1,741,863 | €1,558,585 | -€183,278 | -10.5% |
| Amounts payable after more than one year | 17 | €1,335,658 | €1,322,262 | -€13,396 | -1.0% |
| Financial debts | 170/4 | €1,335,658 | €1,322,262 | -€13,396 | -1.0% |
| Amounts payable within one year | 42/48 | €401,080 | €231,057 | -€170,023 | -42.4% |
| Current portion of amounts payable after more than one year | 42 | €162,206 | €190,337 | +€28,131 | +17.3% |
| Trade debts | 44 | €60,471 | €22,819 | -€37,652 | -62.3% |
| Suppliers | 440/4 | €60,471 | €22,819 | -€37,652 | -62.3% |
| Taxes, remuneration and social security | 45 | €18,403 | €17,901 | -€502 | -2.7% |
| Taxes | 450/3 | €18,403 | €17,901 | -€502 | -2.7% |
| Other amounts payable | 47/48 | €160,000 | €0 | -€160,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €5,125 | €5,266 | +€141 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,413 | €96,630 | +€9,217 | +10.5% |
| Other operating charges | 640/8 | €8,304 | €11,417 | +€3,113 | +37.5% |
| Non-recurring operating charges | 66A | - | €5,808 | +€5,808 | |
| Gross operating margin | 9900 | €267,309 | €289,079 | +€21,770 | +8.1% |
| Operating profit (loss) | 9901 | €171,592 | €175,224 | +€3,632 | +2.1% |
| Financial charges | 65/66B | €67,153 | €68,776 | +€1,623 | +2.4% |
| Recurring financial charges | 65 | €67,153 | €68,776 | +€1,623 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €104,438 | €106,448 | +€2,009 | +1.9% |
| Income taxes | 67/77 | - | €12,208 | +€12,208 | |
| Profit (loss) for the period | 9904 | €104,438 | €94,239 | -€10,199 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €104,438 | €94,239 | -€10,199 | -9.8% |
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 12 October 2026 via checked.be.