DAUVIL: 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.
DAUVIL
Largest movements
- Receivables within one year -€314,586
down €314,586 (-84.1%), from €374,229 to €59,643
of which Trade receivables: -€305,749
- Tangible fixed assets -€42,124
down €42,124 (-8.2%), from €512,429 to €470,306
- Stocks and contracts +€26,934
up €26,934 (+7.7%), from €348,379 to €375,313
- Debts after one year -€252,594
down €252,594 (-25.9%), from €974,327 to €721,734
- Profit (loss) carried forward +€51,237
up €51,237 (+21.8%), from €235,237 to €286,474
- Other debts -€47,499
down €47,499 (-55.4%), from €85,810 to €38,312
- Accrued charges and deferred income -€45,700
no longer reported in 2025 (was €45,700)
- Reserves -€41,621
down €41,621 (-58.4%), from €71,314 to €29,693
of which Tax-exempt reserves: -€41,621
- Gross operating margin +€12,553
up €12,553 (+16.4%), from €76,327 to €88,880
- Other operating charges -€4,001
down €4,001 (-38.8%), from €10,301 to €6,300
- Taxes +€3,545
up €3,545 (+26.3%), from €13,500 to €17,045
- Financial charges -€3,492
down €3,492 (-11.2%), from €31,161 to €27,669
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 | €1,700,439 | €1,371,348 | -€329,090 | -19.4% |
| Fixed assets | 21/28 | €977,609 | €935,486 | -€42,124 | -4.3% |
| Tangible fixed assets | 22/27 | €512,429 | €470,306 | -€42,124 | -8.2% |
| Land and buildings | 22 | €512,429 | €470,306 | -€42,124 | -8.2% |
| Financial fixed assets | 28 | €465,180 | €465,180 | = | 0.0% |
| Current assets | 29/58 | €722,830 | €435,863 | -€286,967 | -39.7% |
| Stocks and contracts in progress | 3 | €348,379 | €375,313 | +€26,934 | +7.7% |
| Stocks | 30/36 | €348,379 | €375,313 | +€26,934 | +7.7% |
| Amounts receivable within one year | 40/41 | €374,229 | €59,643 | -€314,586 | -84.1% |
| Trade receivables | 40 | €354,726 | €48,977 | -€305,749 | -86.2% |
| Other amounts receivable | 41 | €19,503 | €10,666 | -€8,837 | -45.3% |
| Cash at bank and in hand | 54/58 | €221 | €154 | -€68 | -30.6% |
| Deferred charges and accrued income | 490/1 | - | €753 | +€753 | |
| Total equity and liabilities | 10/49 | €1,700,439 | €1,371,348 | -€329,090 | -19.4% |
| Equity | 10/15 | €368,550 | €378,166 | +€9,616 | +2.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | - | -€62,000 | |
| Issued capital | 100 | €62,000 | - | -€62,000 | |
| Reserves | 13 | €71,314 | €29,693 | -€41,621 | -58.4% |
| Non-distributable reserves | 130/1 | €3,852 | €3,852 | = | 0.0% |
| Legal reserve | 130 | €3,852 | - | -€3,852 | |
| Reserves not available under the articles | 1311 | - | €3,852 | +€3,852 | |
| Tax-exempt reserves | 132 | €67,461 | €25,841 | -€41,621 | -61.7% |
| Profit (loss) carried forward | 14 | €235,237 | €286,474 | +€51,237 | +21.8% |
| Provisions and deferred taxes | 16 | €36,325 | €22,451 | -€13,874 | -38.2% |
| Deferred taxes | 168 | €36,325 | €22,451 | -€13,874 | -38.2% |
| Amounts payable | 17/49 | €1,295,563 | €970,731 | -€324,833 | -25.1% |
| Amounts payable after more than one year | 17 | €974,327 | €721,734 | -€252,594 | -25.9% |
| Financial debts | 170/4 | €974,327 | €721,734 | -€252,594 | -25.9% |
| Amounts payable within one year | 42/48 | €275,536 | €248,997 | -€26,539 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €64,080 | €87,515 | +€23,435 | +36.6% |
| Trade debts | 44 | €83,451 | €73,273 | -€10,178 | -12.2% |
| Suppliers | 440/4 | €83,451 | €73,273 | -€10,178 | -12.2% |
| Taxes, remuneration and social security | 45 | €42,195 | €49,897 | +€7,703 | +18.3% |
| Taxes | 450/3 | €42,195 | €49,897 | +€7,703 | +18.3% |
| Other amounts payable | 47/48 | €85,810 | €38,312 | -€47,499 | -55.4% |
| Accrued charges and deferred income | 492/3 | €45,700 | - | -€45,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,285 | €42,124 | -€161 | -0.4% |
| Other operating charges | 640/8 | €10,301 | €6,300 | -€4,001 | -38.8% |
| Gross operating margin | 9900 | €76,327 | €88,880 | +€12,553 | +16.4% |
| Operating profit (loss) | 9901 | €23,741 | €40,457 | +€16,716 | +70.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €31,161 | €27,669 | -€3,492 | -11.2% |
| Recurring financial charges | 65 | €31,161 | €27,669 | -€3,492 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,420 | €12,788 | +€20,207 | |
| Transfer from deferred taxes | 780 | €13,874 | €13,874 | = | 0.0% |
| Income taxes | 67/77 | €13,500 | €17,045 | +€3,545 | +26.3% |
| Profit (loss) for the period | 9904 | -€7,046 | €9,616 | +€16,662 | |
| Transfer from tax-exempt reserves | 789 | €41,621 | €41,621 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,574 | €51,237 | +€16,662 | +48.2% |
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 31 October 2026 via checked.be.