DAV GROUP: 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 GROUP
Largest movements
- Tangible fixed assets +€6,316
up €6,316, from €0 to €6,316
- Cash +€5,460
up €5,460 (+79.9%), from €6,833 to €12,293
mainly Other debts (+€15,593) and Net result for the year (+€2,969)
- Receivables within one year -€1,158
down €1,158 (-1.3%), from €87,179 to €86,020
of which Other amounts receivable: -€1,379
- Other debts +€15,593
up €15,593 (+18.3%), from €85,121 to €100,714
- Trade debts -€9,525
down €9,525 (-84.7%), from €11,244 to €1,720
- Profit (loss) carried forward +€2,969
up €2,969 (+8.5%), from -€34,750 to -€31,782
- Contributions +€1,860
up €1,860 (+10.0%), from €18,600 to €20,460
- Reserves -€1,860
no longer reported in 2025 (was €1,860)
- Gross operating margin +€10,056
up €10,056, from -€6,088 to €3,968
- Staff costs -€867
no longer reported in 2025 (was €867)
- Depreciation +€343
up €343, from €0 to €343
- Other operating charges -€150
no longer reported in 2025 (was €150)
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 | €94,012 | €104,629 | +€10,618 | +11.3% |
| Fixed assets | 21/28 | €0 | €6,316 | +€6,316 | |
| Tangible fixed assets | 22/27 | €0 | €6,316 | +€6,316 | |
| Plant, machinery and equipment | 23 | - | €1,924 | +€1,924 | |
| Furniture and vehicles | 24 | €0 | €2,170 | +€2,170 | |
| Other tangible fixed assets | 26 | - | €2,222 | +€2,222 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €94,012 | €98,313 | +€4,301 | +4.6% |
| Amounts receivable within one year | 40/41 | €87,179 | €86,020 | -€1,158 | -1.3% |
| Trade receivables | 40 | €85,591 | €85,812 | +€221 | +0.3% |
| Other amounts receivable | 41 | €1,588 | €208 | -€1,379 | -86.9% |
| Cash at bank and in hand | 54/58 | €6,833 | €12,293 | +€5,460 | +79.9% |
| Total equity and liabilities | 10/49 | €94,012 | €104,629 | +€10,618 | +11.3% |
| Equity | 10/15 | -€14,290 | -€11,322 | +€2,969 | +20.8% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | -€34,750 | -€31,782 | +€2,969 | +8.5% |
| Amounts payable | 17/49 | €108,302 | €115,951 | +€7,649 | +7.1% |
| Amounts payable within one year | 42/48 | €108,302 | €115,871 | +€7,569 | +7.0% |
| Trade debts | 44 | €11,244 | €1,720 | -€9,525 | -84.7% |
| Suppliers | 440/4 | €11,244 | €1,720 | -€9,525 | -84.7% |
| Taxes, remuneration and social security | 45 | €11,937 | €13,437 | +€1,500 | +12.6% |
| Remuneration and social security | 454/9 | €11,937 | €13,437 | +€1,500 | +12.6% |
| Other amounts payable | 47/48 | €85,121 | €100,714 | +€15,593 | +18.3% |
| Accrued charges and deferred income | 492/3 | - | €80 | +€80 | |
| Non-recurring operating income | 76A | - | €6,471 | +€6,471 | |
| Remuneration, social security and pensions | 62 | €867 | - | -€867 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €343 | +€343 | |
| Other operating charges | 640/8 | €150 | - | -€150 | |
| Gross operating margin | 9900 | -€6,088 | €3,968 | +€10,056 | |
| Operating profit (loss) | 9901 | -€7,105 | €3,625 | +€10,730 | |
| Financial charges | 65/66B | €661 | €656 | -€5 | -0.7% |
| Recurring financial charges | 65 | €661 | €656 | -€5 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,766 | €2,969 | +€10,735 | |
| Profit (loss) for the period | 9904 | -€7,766 | €2,969 | +€10,735 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,766 | €2,969 | +€10,735 |
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 12 October 2026 via checked.be.