Da Vinci It: 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 It
Largest movements
- Cash +€42,828
up €42,828 (+13.0%), from €328,793 to €371,621
mainly Depreciation (+€67,010) and Net result for the year (+€25,763)
- Tangible fixed assets -€33,426
down €33,426 (-9.4%), from €357,427 to €324,001
of which Land and buildings: -€26,282
- Receivables within one year +€8,881
up €8,881 (+128%), from €6,933 to €15,813
of which Other amounts receivable: +€7,138
- Reserves +€24,676
up €24,676 (+7.0%), from €354,981 to €379,657
of which Non-distributable reserves: +€25,763
- Other debts +€22,513
up €22,513 (+9.9%), from €227,518 to €250,031
- Debts after one year -€10,129
no longer reported in 2025 (was €10,129)
- Gross operating margin -€53,035
down €53,035 (-16.2%), from €326,906 to €273,870
- Staff costs -€41,130
down €41,130 (-21.9%), from €188,044 to €146,913
- Depreciation -€7,974
down €7,974 (-10.6%), from €74,983 to €67,010
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 | €744,666 | €767,972 | +€23,306 | +3.1% |
| Fixed assets | 21/28 | €357,627 | €324,201 | -€33,426 | -9.3% |
| Tangible fixed assets | 22/27 | €357,427 | €324,001 | -€33,426 | -9.4% |
| Land and buildings | 22 | €175,976 | €149,694 | -€26,282 | -14.9% |
| Plant, machinery and equipment | 23 | €169,181 | €152,470 | -€16,710 | -9.9% |
| Furniture and vehicles | 24 | €12,270 | €21,837 | +€9,567 | +78.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €387,039 | €443,771 | +€56,732 | +14.7% |
| Stocks and contracts in progress | 3 | €48,573 | €44,830 | -€3,743 | -7.7% |
| Stocks | 30/36 | €48,573 | €44,830 | -€3,743 | -7.7% |
| Amounts receivable within one year | 40/41 | €6,933 | €15,813 | +€8,881 | +128% |
| Trade receivables | 40 | €4,508 | €6,251 | +€1,743 | +38.7% |
| Other amounts receivable | 41 | €2,425 | €9,562 | +€7,138 | +294% |
| Current investments | 50/53 | - | €7,000 | +€7,000 | |
| Cash at bank and in hand | 54/58 | €328,793 | €371,621 | +€42,828 | +13.0% |
| Deferred charges and accrued income | 490/1 | €2,740 | €4,507 | +€1,767 | +64.5% |
| Total equity and liabilities | 10/49 | €744,666 | €767,972 | +€23,306 | +3.1% |
| Equity | 10/15 | €361,894 | €385,857 | +€23,963 | +6.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €354,981 | €379,657 | +€24,676 | +7.0% |
| Non-distributable reserves | 130/1 | €317,661 | €343,424 | +€25,763 | +8.1% |
| Other | 1319 | €317,661 | €343,424 | +€25,763 | +8.1% |
| Distributable reserves | 133 | €37,320 | €36,233 | -€1,087 | -2.9% |
| Profit (loss) carried forward | 14 | €713 | - | -€713 | |
| Amounts payable | 17/49 | €382,772 | €382,115 | -€657 | -0.2% |
| Amounts payable after more than one year | 17 | €10,129 | - | -€10,129 | |
| Financial debts | 170/4 | €10,129 | - | -€10,129 | |
| Amounts payable within one year | 42/48 | €285,048 | €300,107 | +€15,058 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €14,821 | €10,129 | -€4,692 | -31.7% |
| Trade debts | 44 | €5,864 | €4,139 | -€1,724 | -29.4% |
| Suppliers | 440/4 | €5,864 | €4,139 | -€1,724 | -29.4% |
| Taxes, remuneration and social security | 45 | €36,845 | €35,807 | -€1,038 | -2.8% |
| Taxes | 450/3 | €9,746 | €11,723 | +€1,977 | +20.3% |
| Remuneration and social security | 454/9 | €27,100 | €24,084 | -€3,016 | -11.1% |
| Other amounts payable | 47/48 | €227,518 | €250,031 | +€22,513 | +9.9% |
| Accrued charges and deferred income | 492/3 | €87,594 | €82,008 | -€5,585 | -6.4% |
| Remuneration, social security and pensions | 62 | €188,044 | €146,913 | -€41,130 | -21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,983 | €67,010 | -€7,974 | -10.6% |
| Other operating charges | 640/8 | €4,979 | €5,261 | +€282 | +5.7% |
| Non-recurring operating charges | 66A | €63 | - | -€63 | |
| Gross operating margin | 9900 | €326,906 | €273,870 | -€53,035 | -16.2% |
| Operating profit (loss) | 9901 | €58,836 | €54,686 | -€4,150 | -7.1% |
| Financial income | 75/76B | €46 | €120 | +€74 | +161% |
| Recurring financial income | 75 | €46 | €120 | +€74 | +161% |
| Financial charges | 65/66B | €17,062 | €18,574 | +€1,512 | +8.9% |
| Recurring financial charges | 65 | €17,062 | €18,574 | +€1,512 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €41,820 | €36,233 | -€5,588 | -13.4% |
| Income taxes | 67/77 | €10,075 | €10,470 | +€394 | +3.9% |
| Profit (loss) for the period | 9904 | €31,745 | €25,763 | -€5,982 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,745 | €25,763 | -€5,982 | -18.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.