DAP Davivet: 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.
DAP Davivet
Largest movements
- Receivables within one year -€194,105
down €194,105 (-95.3%), from €203,638 to €9,534
of which Other amounts receivable: -€163,195
- Cash +€132,917
up €132,917 (+638%), from €20,822 to €153,739
mainly Receivables within one year (+€194,105) and Depreciation (+€3,568)
- Tangible fixed assets -€3,568
down €3,568 (-22.9%), from €15,548 to €11,980
of which Plant, machinery and equipment: -€2,440
- Reserves -€29,716
down €29,716 (-24.6%), from €121,000 to €91,284
- Current portion of long-term debt -€25,000
down €25,000 (-75.0%), from €33,333 to €8,333
- Debts after one year -€8,333
no longer reported in 2025 (was €8,333)
- Gross operating margin -€125,737
down €125,737, from €100,717 to -€25,020
- Taxes -€19,660
down €19,660 (-99.1%), from €19,842 to €181
- Depreciation +€2,413
up €2,413 (+209%), from €1,154 to €3,568
- Financial charges -€2,015
down €2,015 (-63.1%), from €3,193 to €1,178
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 | €240,218 | €175,253 | -€64,965 | -27.0% |
| Fixed assets | 21/28 | €15,548 | €11,980 | -€3,568 | -22.9% |
| Tangible fixed assets | 22/27 | €15,548 | €11,980 | -€3,568 | -22.9% |
| Plant, machinery and equipment | 23 | €12,173 | €9,733 | -€2,440 | -20.0% |
| Furniture and vehicles | 24 | €3,375 | €2,247 | -€1,128 | -33.4% |
| Current assets | 29/58 | €224,670 | €163,273 | -€61,397 | -27.3% |
| Amounts receivable within one year | 40/41 | €203,638 | €9,534 | -€194,105 | -95.3% |
| Trade receivables | 40 | €40,438 | €9,529 | -€30,909 | -76.4% |
| Other amounts receivable | 41 | €163,200 | €5 | -€163,195 | -100.0% |
| Cash at bank and in hand | 54/58 | €20,822 | €153,739 | +€132,917 | +638% |
| Deferred charges and accrued income | 490/1 | €210 | - | -€210 | |
| Total equity and liabilities | 10/49 | €240,218 | €175,253 | -€64,965 | -27.0% |
| Equity | 10/15 | €124,026 | €93,784 | -€30,242 | -24.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €121,000 | €91,284 | -€29,716 | -24.6% |
| Distributable reserves | 133 | €121,000 | €91,284 | -€29,716 | -24.6% |
| Profit (loss) carried forward | 14 | €526 | - | -€526 | |
| Amounts payable | 17/49 | €116,192 | €81,469 | -€34,723 | -29.9% |
| Amounts payable after more than one year | 17 | €8,333 | - | -€8,333 | |
| Financial debts | 170/4 | €8,333 | - | -€8,333 | |
| Amounts payable within one year | 42/48 | €107,858 | €81,415 | -€26,443 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €33,333 | €8,333 | -€25,000 | -75.0% |
| Trade debts | 44 | - | €231 | +€231 | |
| Suppliers | 440/4 | - | €231 | +€231 | |
| Taxes, remuneration and social security | 45 | €19,779 | €17,899 | -€1,880 | -9.5% |
| Taxes | 450/3 | €19,779 | €17,899 | -€1,880 | -9.5% |
| Other amounts payable | 47/48 | €54,746 | €54,952 | +€206 | +0.4% |
| Accrued charges and deferred income | 492/3 | - | €53 | +€53 | |
| Non-recurring operating income | 76A | €39,950 | - | -€39,950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,154 | €3,568 | +€2,413 | +209% |
| Other operating charges | 640/8 | €988 | €1,019 | +€30 | +3.1% |
| Gross operating margin | 9900 | €100,717 | -€25,020 | -€125,737 | |
| Operating profit (loss) | 9901 | €98,574 | -€29,607 | -€128,181 | |
| Financial income | 75/76B | - | €724 | +€724 | |
| Recurring financial income | 75 | - | €724 | +€724 | |
| Financial charges | 65/66B | €3,193 | €1,178 | -€2,015 | -63.1% |
| Recurring financial charges | 65 | €3,193 | €1,178 | -€2,015 | -63.1% |
| Profit (loss) for the period before taxes | 9903 | €95,381 | -€30,061 | -€125,442 | |
| Income taxes | 67/77 | €19,842 | €181 | -€19,660 | -99.1% |
| Profit (loss) for the period | 9904 | €75,540 | -€30,242 | -€105,782 | |
| Profit (loss) for the period to be appropriated | 9905 | €75,540 | -€30,242 | -€105,782 |
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 14 October 2026 via checked.be.