DAV - IT Consultancy: 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 - IT Consultancy
Largest movements
- Tangible fixed assets +€65,371
up €65,371 (+34.2%), from €191,100 to €256,471
of which Land and buildings: +€56,814
- Receivables within one year -€31,439
down €31,439 (-69.6%), from €45,193 to €13,754
of which Trade receivables: -€31,439
- Cash -€20,766
down €20,766 (-49.0%), from €42,399 to €21,632
mainly Investment in fixed assets (net) (-€78,080) and Debts after one year (-€15,196)
- Trade debts +€34,666
up €34,666 (+1348.5%), from €2,571 to €37,237
- Debts after one year -€15,196
down €15,196 (-10.2%), from €148,459 to €133,263
- Tax, wage and social debts -€5,965
down €5,965 (-33.5%), from €17,803 to €11,838
- Other operating charges +€23,014
up €23,014 (+934.9%), from €2,462 to €25,476
- Write-downs -€22,750
down €22,750, from €11,375 to -€11,375
- Gross operating margin -€11,372
down €11,372 (-22.9%), from €49,593 to €38,220
- Taxes -€3,145
down €3,145 (-47.7%), from €6,588 to €3,443
- Depreciation +€1,862
up €1,862 (+17.2%), from €10,847 to €12,709
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 | €283,174 | €295,602 | +€12,427 | +4.4% |
| Fixed assets | 21/28 | €191,100 | €256,471 | +€65,371 | +34.2% |
| Tangible fixed assets | 22/27 | €191,100 | €256,471 | +€65,371 | +34.2% |
| Land and buildings | 22 | €184,543 | €241,357 | +€56,814 | +30.8% |
| Plant, machinery and equipment | 23 | €3,617 | €2,210 | -€1,407 | -38.9% |
| Furniture and vehicles | 24 | €2,940 | €12,904 | +€9,964 | +338.9% |
| Current assets | 29/58 | €92,074 | €39,131 | -€52,944 | -57.5% |
| Stocks and contracts in progress | 3 | €1,672 | €1,672 | = | 0.0% |
| Stocks | 30/36 | €1,672 | €1,672 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €45,193 | €13,754 | -€31,439 | -69.6% |
| Trade receivables | 40 | €45,193 | €13,754 | -€31,439 | -69.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €42,399 | €21,632 | -€20,766 | -49.0% |
| Deferred charges and accrued income | 490/1 | €2,811 | €2,073 | -€738 | -26.3% |
| Total equity and liabilities | 10/49 | €283,174 | €295,602 | +€12,427 | +4.4% |
| Equity | 10/15 | €72,323 | €72,330 | +€7 | 0.0% |
| Contributions | 10/11 | €5,301 | €5,301 | = | 0.0% |
| Reserves | 13 | €67,023 | €67,030 | +€7 | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €67,023 | €67,030 | +€7 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €210,851 | €223,272 | +€12,421 | +5.9% |
| Amounts payable after more than one year | 17 | €148,459 | €133,263 | -€15,196 | -10.2% |
| Financial debts | 170/4 | €148,459 | €133,263 | -€15,196 | -10.2% |
| Amounts payable within one year | 42/48 | €62,392 | €88,730 | +€26,338 | +42.2% |
| Current portion of amounts payable after more than one year | 42 | €17,353 | €16,554 | -€799 | -4.6% |
| Trade debts | 44 | €2,571 | €37,237 | +€34,666 | +1348.5% |
| Suppliers | 440/4 | €2,571 | €37,237 | +€34,666 | +1348.5% |
| Taxes, remuneration and social security | 45 | €17,803 | €11,838 | -€5,965 | -33.5% |
| Taxes | 450/3 | €17,803 | €11,838 | -€5,965 | -33.5% |
| Other amounts payable | 47/48 | €24,665 | €23,101 | -€1,564 | -6.3% |
| Accrued charges and deferred income | 492/3 | - | €1,279 | +€1,279 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,847 | €12,709 | +€1,862 | +17.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,375 | -€11,375 | -€22,750 | |
| Other operating charges | 640/8 | €2,462 | €25,476 | +€23,014 | +934.9% |
| Gross operating margin | 9900 | €49,593 | €38,220 | -€11,372 | -22.9% |
| Operating profit (loss) | 9901 | €24,909 | €11,410 | -€13,499 | -54.2% |
| Financial income | 75/76B | €11 | €1 | -€10 | -95.4% |
| Recurring financial income | 75 | €11 | €1 | -€10 | -95.4% |
| Financial charges | 65/66B | €6,251 | €7,961 | +€1,710 | +27.4% |
| Recurring financial charges | 65 | €6,251 | €7,961 | +€1,710 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | €18,669 | €3,449 | -€15,220 | -81.5% |
| Income taxes | 67/77 | €6,588 | €3,443 | -€3,145 | -47.7% |
| Profit (loss) for the period | 9904 | €12,081 | €7 | -€12,075 | -99.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,081 | €7 | -€12,075 | -99.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.