After you have completed your dive, for a period after (some say as short as hours and some as long as days), the nitrogen that has entered your tissues continues to exit your system. Even if you do not have classic DCS, the fact is that you will have some bubbles that form. You may feel fine, but you will still be bubbling. This is especially true right after the dive but lessens after peaking over time.
Here is what is happening inside of your body: When the gas leaves your tissues, it travels through your blood stream to the lungs. There, the lungs act like a filter, trapping the bubbles and allowing you to exchange gas from the lungs until the bubbles offgas. The more of these post dive bubbles you have in your system, the slower they leave your body when you exhale. What happens is that the bubbles get all backed up, like a traffic jam, blocking the access to the lungs, thereby not allowing them to leave your system as quickly and efficiently as they start to leave your system before lots of them develop into this traffic jam. This is one reason why many decompression algorithms consider that it takes longer to offgas than to ongas.
After conducting a dive, if you were to descend, the increasing pressure would take what has formed into bubbles, and would crunch them down until, depending on how deep you would go and for how long, you would eventually cause the bubbles to completely collapse (This is what they do to bent divers in a recompression chamber except that they add oxygen to speed this up and to prevent new inert gas from entering the system). The first 33 feet of descent will cause the bubble to do the most contraction/crushing. In that same regard, if you already have formed any bubbles, they will expand the most during the last 33 feet as you ascend (and some that have been in solution would start to form bubbles if they had not before this during the ascent).
If you start free diving after a dive, you take a bubble that is backed up in the traffic jam, crunch it down to a smaller size (but likely not enough to drive it back into solution completely), and allow it to go around the traffic jam, bypassing the lungs and going back into your arterial system. This will then travel to places like your brain. When you surface, lowering the surrounding pressure, the bubble again expands (in places like your brain), causing not just decompression illness but the most dangerous and severe form of DCI.
There are lots of technical facets to the whole thing, but this is a simple way to explain it. The bottom line is that you are subjecting yourself to increased risk by descending and ascending after conducting a dive, especially by making rapid ascents and descents.
Yes, eventually, it will all equal out but that is after you are bent.
Hope this helps.