FVH DECO: 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.
FVH DECO
Largest movements
- Cash +€6,859
up €6,859 (+9,000%), from €76 to €6,935
mainly Net result for the year (+€11,330) and Trade debts (+€3,690)
- Receivables within one year +€1,914
new in 2025: €1,914
of which Other amounts receivable: +€1,107
- Deferred charges and accrued income -€935
down €935 (-20.8%), from €4,496 to €3,561
- Tangible fixed assets -€240
down €240 (-41.4%), from €580 to €340
- Profit (loss) carried forward +€11,330
up €11,330 (+43.1%), from -€26,316 to -€14,986
- Short-term financial debts -€7,694
no longer reported in 2025 (was €7,694)
- Trade debts +€3,690
up €3,690 (+116%), from €3,189 to €6,879
- Tax, wage and social debts +€306
up €306 (+18.1%), from €1,694 to €2,000
of which Taxes: +€1,806
- Gross operating margin +€14,072
up €14,072 (+1,096%), from €1,284 to €15,356
- Taxes +€810
up €810 (+419%), from €193 to €1,003
- Other operating charges +€754
up €754 (+92.6%), from €813 to €1,567
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,231 | €12,828 | +€7,598 | +145% |
| Fixed assets | 21/28 | €659 | €419 | -€240 | -36.4% |
| Tangible fixed assets | 22/27 | €580 | €340 | -€240 | -41.4% |
| Plant, machinery and equipment | 23 | €580 | €340 | -€240 | -41.4% |
| Financial fixed assets | 28 | €79 | €79 | = | 0.0% |
| Current assets | 29/58 | €4,572 | €12,410 | +€7,838 | +171% |
| Amounts receivable within one year | 40/41 | - | €1,914 | +€1,914 | |
| Trade receivables | 40 | - | €807 | +€807 | |
| Other amounts receivable | 41 | - | €1,107 | +€1,107 | |
| Cash at bank and in hand | 54/58 | €76 | €6,935 | +€6,859 | +9,000% |
| Deferred charges and accrued income | 490/1 | €4,496 | €3,561 | -€935 | -20.8% |
| Total equity and liabilities | 10/49 | €5,231 | €12,828 | +€7,598 | +145% |
| Equity | 10/15 | -€7,381 | €3,950 | +€11,330 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €336 | €336 | = | 0.0% |
| Non-distributable reserves | 130/1 | €336 | €336 | = | 0.0% |
| Reserves not available under the articles | 1311 | €336 | €336 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,316 | -€14,986 | +€11,330 | +43.1% |
| Amounts payable | 17/49 | €12,611 | €8,879 | -€3,732 | -29.6% |
| Amounts payable within one year | 42/48 | €12,611 | €8,879 | -€3,732 | -29.6% |
| Financial debts | 43 | €7,694 | - | -€7,694 | |
| Credit institutions | 430/8 | €7,694 | - | -€7,694 | |
| Trade debts | 44 | €3,189 | €6,879 | +€3,690 | +116% |
| Suppliers | 440/4 | €3,189 | €6,879 | +€3,690 | +116% |
| Taxes, remuneration and social security | 45 | €1,694 | €2,000 | +€306 | +18.1% |
| Taxes | 450/3 | €194 | €2,000 | +€1,806 | +931% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €35 | - | -€35 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €240 | €240 | = | 0.0% |
| Other operating charges | 640/8 | €813 | €1,567 | +€754 | +92.6% |
| Gross operating margin | 9900 | €1,284 | €15,356 | +€14,072 | +1,096% |
| Operating profit (loss) | 9901 | €231 | €13,549 | +€13,318 | +5,764% |
| Financial charges | 65/66B | €1,307 | €1,216 | -€91 | -7.0% |
| Recurring financial charges | 65 | €1,307 | €1,216 | -€91 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,076 | €12,333 | +€13,410 | |
| Income taxes | 67/77 | €193 | €1,003 | +€810 | +419% |
| Profit (loss) for the period | 9904 | -€1,270 | €11,330 | +€12,600 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,270 | €11,330 | +€12,600 |
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 18 October 2026 via checked.be.