DAAvid: 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.
DAAvid
Largest movements
- Tangible fixed assets -€9,592
down €9,592 (-20.4%), from €47,114 to €37,521
of which Furniture and vehicles: -€9,559
- Cash +€3,558
up €3,558 (+7.2%), from €49,447 to €53,005
mainly Net result for the year (+€19,240) and Other debts (+€17,500)
- Receivables within one year +€2,099
up €2,099 (+3.9%), from €53,676 to €55,775
of which Trade receivables: +€1,079
- Profit (loss) carried forward -€20,760
down €20,760 (-53.3%), from €38,925 to €18,165
- Other debts +€17,500
new in 2025: €17,500
- Reserves +€15,000
up €15,000 (+37.6%), from €39,860 to €54,860
of which Distributable reserves: +€15,000
- Tax, wage and social debts -€9,515
down €9,515 (-35.0%), from €27,175 to €17,661
of which Remuneration and social security: -€5,314
- Debts after one year -€6,466
down €6,466 (-37.8%), from €17,097 to €10,631
of which Financial debts: -€6,466
- Other operating charges -€15,197
down €15,197 (-86.1%), from €17,644 to €2,446
- Gross operating margin -€14,860
down €14,860 (-21.1%), from €70,367 to €55,507
- Taxes +€6,963
up €6,963 (+62.8%), from €11,082 to €18,045
- Depreciation -€1,846
down €1,846 (-11.1%), from €16,605 to €14,759
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 | €150,237 | €146,302 | -€3,935 | -2.6% |
| Fixed assets | 21/28 | €47,114 | €37,521 | -€9,592 | -20.4% |
| Tangible fixed assets | 22/27 | €47,114 | €37,521 | -€9,592 | -20.4% |
| Land and buildings | 22 | €16,417 | €14,564 | -€1,852 | -11.3% |
| Plant, machinery and equipment | 23 | €7,464 | €9,283 | +€1,819 | +24.4% |
| Furniture and vehicles | 24 | €23,233 | €13,674 | -€9,559 | -41.1% |
| Current assets | 29/58 | €103,123 | €108,781 | +€5,657 | +5.5% |
| Amounts receivable within one year | 40/41 | €53,676 | €55,775 | +€2,099 | +3.9% |
| Trade receivables | 40 | €40,074 | €41,153 | +€1,079 | +2.7% |
| Other amounts receivable | 41 | €13,602 | €14,623 | +€1,020 | +7.5% |
| Cash at bank and in hand | 54/58 | €49,447 | €53,005 | +€3,558 | +7.2% |
| Total equity and liabilities | 10/49 | €150,237 | €146,302 | -€3,935 | -2.6% |
| Equity | 10/15 | €97,385 | €91,625 | -€5,760 | -5.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,860 | €54,860 | +€15,000 | +37.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Other | 1319 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €38,000 | €53,000 | +€15,000 | +39.5% |
| Profit (loss) carried forward | 14 | €38,925 | €18,165 | -€20,760 | -53.3% |
| Amounts payable | 17/49 | €52,852 | €54,677 | +€1,825 | +3.5% |
| Amounts payable after more than one year | 17 | €17,097 | €10,631 | -€6,466 | -37.8% |
| Financial debts | 170/4 | €17,097 | €10,631 | -€6,466 | -37.8% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €35,756 | €44,046 | +€8,291 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €8,580 | €8,886 | +€306 | +3.6% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €27,175 | €17,661 | -€9,515 | -35.0% |
| Taxes | 450/3 | €21,861 | €17,661 | -€4,200 | -19.2% |
| Remuneration and social security | 454/9 | €5,314 | - | -€5,314 | |
| Other amounts payable | 47/48 | - | €17,500 | +€17,500 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,605 | €14,759 | -€1,846 | -11.1% |
| Other operating charges | 640/8 | €17,644 | €2,446 | -€15,197 | -86.1% |
| Gross operating margin | 9900 | €70,367 | €55,507 | -€14,860 | -21.1% |
| Operating profit (loss) | 9901 | €36,118 | €38,302 | +€2,184 | +6.0% |
| Financial income | 75/76B | €28 | €10 | -€18 | -65.5% |
| Recurring financial income | 75 | €28 | €10 | -€18 | -65.5% |
| Financial charges | 65/66B | €1,581 | €1,027 | -€554 | -35.1% |
| Recurring financial charges | 65 | €1,581 | €1,027 | -€554 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €34,565 | €37,285 | +€2,720 | +7.9% |
| Income taxes | 67/77 | €11,082 | €18,045 | +€6,963 | +62.8% |
| Profit (loss) for the period | 9904 | €23,483 | €19,240 | -€4,243 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,483 | €19,240 | -€4,243 | -18.1% |
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 30 September 2026 via checked.be.