Da Vincy: what changed
Two fiscal 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 Vincy
Largest movements
- Cash +€55,219
up €55,219 (+113.0%), from €48,882 to €104,101
mainly Other debts (+€77,919) and Net result for the year (+€66,387)
- Receivables within one year +€15,508
up €15,508 (+40.0%), from €38,778 to €54,286
of which Trade receivables: +€15,591
- Tangible fixed assets -€14,538
down €14,538 (-40.2%), from €36,157 to €21,620
- Deferred charges and accrued income -€1,946
down €1,946 (-49.6%), from €3,920 to €1,974
- Other debts +€77,919
up €77,919 (+116.3%), from €66,970 to €144,889
- Reserves -€18,613
down €18,613 (-83.2%), from €22,361 to €3,747
of which Distributable reserves: -€18,613
- Current portion of long-term debt -€9,920
down €9,920 (-100.0%), from €9,920 to €0
- Tax, wage and social debts +€7,885
up €7,885 (+74.4%), from €10,595 to €18,480
of which Taxes: +€7,885
- Trade debts -€2,833
down €2,833 (-69.9%), from €4,052 to €1,219
No income-statement line moved by more than 1% of the activity.
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 | €135,184 | €189,428 | +€54,244 | +40.1% |
| Fixed assets | 21/28 | €36,157 | €21,620 | -€14,538 | -40.2% |
| Tangible fixed assets | 22/27 | €36,157 | €21,620 | -€14,538 | -40.2% |
| Furniture and vehicles | 24 | €36,157 | €21,620 | -€14,538 | -40.2% |
| Current assets | 29/58 | €99,027 | €167,808 | +€68,782 | +69.5% |
| Amounts receivable within one year | 40/41 | €38,778 | €54,286 | +€15,508 | +40.0% |
| Trade receivables | 40 | €38,695 | €54,286 | +€15,591 | +40.3% |
| Other amounts receivable | 41 | €83 | €0 | -€83 | -100.0% |
| Current investments | 50/53 | €7,447 | €7,447 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €48,882 | €104,101 | +€55,219 | +113.0% |
| Deferred charges and accrued income | 490/1 | €3,920 | €1,974 | -€1,946 | -49.6% |
| Total equity and liabilities | 10/49 | €135,184 | €189,428 | +€54,244 | +40.1% |
| Equity | 10/15 | €40,961 | €22,347 | -€18,613 | -45.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,361 | €3,747 | -€18,613 | -83.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €20,501 | €1,887 | -€18,613 | -90.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €94,224 | €167,080 | +€72,857 | +77.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €91,537 | €164,588 | +€73,051 | +79.8% |
| Current portion of amounts payable after more than one year | 42 | €9,920 | €0 | -€9,920 | -100.0% |
| Trade debts | 44 | €4,052 | €1,219 | -€2,833 | -69.9% |
| Suppliers | 440/4 | €4,052 | €1,219 | -€2,833 | -69.9% |
| Taxes, remuneration and social security | 45 | €10,595 | €18,480 | +€7,885 | +74.4% |
| Taxes | 450/3 | €6,295 | €14,180 | +€7,885 | +125.3% |
| Remuneration and social security | 454/9 | €4,300 | €4,300 | = | 0.0% |
| Other amounts payable | 47/48 | €66,970 | €144,889 | +€77,919 | +116.3% |
| Accrued charges and deferred income | 492/3 | €2,686 | €2,492 | -€194 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,080 | €14,538 | -€542 | -3.6% |
| Other operating charges | 640/8 | €1,340 | €1,185 | -€155 | -11.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €101,838 | €101,333 | -€505 | -0.5% |
| Operating profit (loss) | 9901 | €85,419 | €85,611 | +€192 | +0.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,107 | €1,869 | -€238 | -11.3% |
| Recurring financial charges | 65 | €2,107 | €1,869 | -€238 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €83,312 | €83,742 | +€431 | +0.5% |
| Income taxes | 67/77 | €17,791 | €17,356 | -€436 | -2.4% |
| Profit (loss) for the period | 9904 | €65,520 | €66,387 | +€866 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,520 | €66,387 | +€866 | +1.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.