DAV 22: 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.
DAV 22
Largest movements
- Receivables within one year +€9,015
up €9,015 (+37.9%), from €23,769 to €32,784
of which Other amounts receivable: +€15,379
- Tangible fixed assets -€4,150
down €4,150 (-57.2%), from €7,254 to €3,104
of which Furniture and vehicles: -€3,725
- Profit (loss) carried forward +€11,645
up €11,645, from -€684 to €10,961
- Debts after one year -€4,923
down €4,923 (-56.3%), from €8,740 to €3,816
- Tax, wage and social debts +€3,759
up €3,759 (+102%), from €3,676 to €7,435
- Trade debts -€3,576
no longer reported in 2025 (was €3,576)
- Current portion of long-term debt -€2,128
down €2,128 (-30.2%), from €7,052 to €4,923
- Write-downs -€8,870
no longer reported in 2025 (was €8,870)
- Gross operating margin +€2,904
up €2,904 (+15.8%), from €18,343 to €21,247
- Financial charges -€1,880
down €1,880 (-43.4%), from €4,330 to €2,450
- Taxes +€690
up €690 (+31.7%), from €2,174 to €2,864
- Financial income -€442
down €442 (-69.2%), from €639 to €197
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 | €31,256 | €36,032 | +€4,776 | +15.3% |
| Fixed assets | 21/28 | €7,332 | €3,182 | -€4,150 | -56.6% |
| Tangible fixed assets | 22/27 | €7,254 | €3,104 | -€4,150 | -57.2% |
| Plant, machinery and equipment | 23 | €425 | - | -€425 | |
| Furniture and vehicles | 24 | €6,829 | €3,104 | -€3,725 | -54.5% |
| Financial fixed assets | 28 | €78 | €78 | = | 0.0% |
| Current assets | 29/58 | €23,925 | €32,850 | +€8,925 | +37.3% |
| Amounts receivable within one year | 40/41 | €23,769 | €32,784 | +€9,015 | +37.9% |
| Trade receivables | 40 | €11,055 | €4,691 | -€6,364 | -57.6% |
| Other amounts receivable | 41 | €12,714 | €28,093 | +€15,379 | +121% |
| Cash at bank and in hand | 54/58 | €156 | €66 | -€89 | -57.5% |
| Total equity and liabilities | 10/49 | €31,256 | €36,032 | +€4,776 | +15.3% |
| Equity | 10/15 | €8,212 | €19,858 | +€11,645 | +142% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €8,396 | €8,396 | = | 0.0% |
| Distributable reserves | 133 | €8,396 | €8,396 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€684 | €10,961 | +€11,645 | |
| Amounts payable | 17/49 | €23,044 | €16,175 | -€6,869 | -29.8% |
| Amounts payable after more than one year | 17 | €8,740 | €3,816 | -€4,923 | -56.3% |
| Financial debts | 170/4 | €8,740 | €3,816 | -€4,923 | -56.3% |
| Amounts payable within one year | 42/48 | €14,305 | €12,359 | -€1,946 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €7,052 | €4,923 | -€2,128 | -30.2% |
| Trade debts | 44 | €3,576 | - | -€3,576 | |
| Suppliers | 440/4 | €3,576 | - | -€3,576 | |
| Taxes, remuneration and social security | 45 | €3,676 | €7,435 | +€3,759 | +102% |
| Taxes | 450/3 | €3,676 | €7,435 | +€3,759 | +102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,291 | €4,150 | -€142 | -3.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,870 | - | -€8,870 | |
| Other operating charges | 640/8 | - | €334 | +€334 | |
| Gross operating margin | 9900 | €18,343 | €21,247 | +€2,904 | +15.8% |
| Operating profit (loss) | 9901 | €5,182 | €16,763 | +€11,581 | +223% |
| Financial income | 75/76B | €639 | €197 | -€442 | -69.2% |
| Recurring financial income | 75 | €639 | €197 | -€442 | -69.2% |
| Financial charges | 65/66B | €4,330 | €2,450 | -€1,880 | -43.4% |
| Recurring financial charges | 65 | €4,330 | €2,450 | -€1,880 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | €1,490 | €14,510 | +€13,019 | +874% |
| Income taxes | 67/77 | €2,174 | €2,864 | +€690 | +31.7% |
| Profit (loss) for the period | 9904 | -€684 | €11,645 | +€12,329 | |
| Profit (loss) for the period to be appropriated | 9905 | -€684 | €11,645 | +€12,329 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.