Da Vinci: 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.
Da Vinci
Largest movements
- Cash +€5,075
up €5,075 (+34.1%), from €14,892 to €19,967
mainly Net result for the year (+€2,781) and Tax, wage and social debts (+€1,155)
- Tangible fixed assets -€1,125
down €1,125 (-22.0%), from €5,118 to €3,993
- Reserves +€2,700
up €2,700 (+5.7%), from €47,394 to €50,094
- Tax, wage and social debts +€1,155
up €1,155 (+361%), from €320 to €1,475
- Taxes +€928
up €928 (+207%), from €448 to €1,376
- Gross operating margin +€797
up €797 (+17.0%), from €4,674 to €5,470
- Depreciation +€526
up €526 (+87.8%), from €599 to €1,125
- Financial income +€234
up €234 (+61.5%), from €380 to €615
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 | €59,981 | €63,410 | +€3,429 | +5.7% |
| Fixed assets | 21/28 | €5,118 | €3,993 | -€1,125 | -22.0% |
| Tangible fixed assets | 22/27 | €5,118 | €3,993 | -€1,125 | -22.0% |
| Land and buildings | 22 | €5,118 | €3,993 | -€1,125 | -22.0% |
| Current assets | 29/58 | €54,862 | €59,417 | +€4,554 | +8.3% |
| Stocks and contracts in progress | 3 | €2,255 | €2,004 | -€251 | -11.1% |
| Stocks | 30/36 | €2,255 | €2,004 | -€251 | -11.1% |
| Amounts receivable within one year | 40/41 | €1,084 | €664 | -€420 | -38.7% |
| Other amounts receivable | 41 | €1,084 | €664 | -€420 | -38.7% |
| Current investments | 50/53 | €34,181 | €34,181 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,892 | €19,967 | +€5,075 | +34.1% |
| Deferred charges and accrued income | 490/1 | €2,451 | €2,601 | +€150 | +6.1% |
| Total equity and liabilities | 10/49 | €59,981 | €63,410 | +€3,429 | +5.7% |
| Equity | 10/15 | €57,853 | €60,634 | +€2,781 | +4.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | - | -€18,592 | |
| Other | 1109/19 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €47,394 | €50,094 | +€2,700 | +5.7% |
| Distributable reserves | 133 | €47,394 | €50,094 | +€2,700 | +5.7% |
| Profit (loss) carried forward | 14 | -€8,133 | -€8,052 | +€81 | +1.0% |
| Amounts payable | 17/49 | €2,127 | €2,776 | +€648 | +30.5% |
| Amounts payable within one year | 42/48 | €2,127 | €2,776 | +€648 | +30.5% |
| Trade debts | 44 | €1,542 | €1,044 | -€498 | -32.3% |
| Suppliers | 440/4 | €1,542 | €1,044 | -€498 | -32.3% |
| Taxes, remuneration and social security | 45 | €320 | €1,475 | +€1,155 | +361% |
| Taxes | 450/3 | €320 | €1,475 | +€1,155 | +361% |
| Other amounts payable | 47/48 | €266 | €257 | -€9 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €599 | €1,125 | +€526 | +87.8% |
| Other operating charges | 640/8 | €691 | €713 | +€22 | +3.2% |
| Gross operating margin | 9900 | €4,674 | €5,470 | +€797 | +17.0% |
| Operating profit (loss) | 9901 | €3,384 | €3,633 | +€249 | +7.4% |
| Financial income | 75/76B | €380 | €615 | +€234 | +61.5% |
| Recurring financial income | 75 | €380 | €615 | +€234 | +61.5% |
| Financial charges | 65/66B | €109 | €90 | -€19 | -17.5% |
| Recurring financial charges | 65 | €109 | €90 | -€19 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €3,655 | €4,157 | +€502 | +13.7% |
| Income taxes | 67/77 | €448 | €1,376 | +€928 | +207% |
| Profit (loss) for the period | 9904 | €3,207 | €2,781 | -€426 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,207 | €2,781 | -€426 | -13.3% |
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 17 October 2026 via checked.be.