DAVA Construct: 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.
DAVA Construct
Largest movements
- Tangible fixed assets +€21,769
up €21,769 (+232.2%), from €9,375 to €31,144
of which Plant, machinery and equipment: +€20,706
- Cash +€16,117
up €16,117 (+167.2%), from €9,637 to €25,754
mainly Net result for the year (+€23,170) and Tax, wage and social debts (+€12,007)
- Receivables within one year -€9,491
down €9,491 (-10.1%), from €94,243 to €84,751
of which Trade receivables: -€12,809
- Profit (loss) carried forward +€23,170
up €23,170 (+56.0%), from €41,362 to €64,532
- Tax, wage and social debts +€12,007
up €12,007 (+82.8%), from €14,507 to €26,514
of which Taxes: +€9,696
- Trade debts -€6,963
down €6,963 (-11.9%), from €58,617 to €51,654
- Gross operating margin +€41,846
up €41,846 (+77.1%), from €54,247 to €96,092
- Staff costs +€34,248
new in 2025: €34,248
- Depreciation +€10,944
up €10,944 (+2641.0%), from €414 to €11,358
- Other operating charges +€8,754
up €8,754 (+2040.8%), from €429 to €9,183
- Financial charges +€7,174
up €7,174 (+467.2%), from €1,536 to €8,709
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 | €114,485 | €142,700 | +€28,214 | +24.6% |
| Fixed assets | 21/28 | €9,375 | €31,144 | +€21,769 | +232.2% |
| Tangible fixed assets | 22/27 | €9,375 | €31,144 | +€21,769 | +232.2% |
| Plant, machinery and equipment | 23 | €7,070 | €27,776 | +€20,706 | +292.9% |
| Furniture and vehicles | 24 | €2,305 | €3,368 | +€1,063 | +46.1% |
| Current assets | 29/58 | €105,110 | €111,556 | +€6,445 | +6.1% |
| Amounts receivable within one year | 40/41 | €94,243 | €84,751 | -€9,491 | -10.1% |
| Trade receivables | 40 | €66,060 | €53,251 | -€12,809 | -19.4% |
| Other amounts receivable | 41 | €28,183 | €31,500 | +€3,317 | +11.8% |
| Cash at bank and in hand | 54/58 | €9,637 | €25,754 | +€16,117 | +167.2% |
| Deferred charges and accrued income | 490/1 | €1,231 | €1,051 | -€180 | -14.6% |
| Total equity and liabilities | 10/49 | €114,485 | €142,700 | +€28,214 | +24.6% |
| Equity | 10/15 | €41,362 | €64,532 | +€23,170 | +56.0% |
| Profit (loss) carried forward | 14 | €41,362 | €64,532 | +€23,170 | +56.0% |
| Amounts payable | 17/49 | €73,124 | €78,168 | +€5,044 | +6.9% |
| Amounts payable within one year | 42/48 | €73,124 | €78,168 | +€5,044 | +6.9% |
| Trade debts | 44 | €58,617 | €51,654 | -€6,963 | -11.9% |
| Suppliers | 440/4 | €58,617 | €51,654 | -€6,963 | -11.9% |
| Taxes, remuneration and social security | 45 | €14,507 | €26,514 | +€12,007 | +82.8% |
| Taxes | 450/3 | €10,507 | €20,203 | +€9,696 | +92.3% |
| Remuneration and social security | 454/9 | €4,000 | €6,311 | +€2,311 | +57.8% |
| Remuneration, social security and pensions | 62 | - | €34,248 | +€34,248 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €414 | €11,358 | +€10,944 | +2641.0% |
| Other operating charges | 640/8 | €429 | €9,183 | +€8,754 | +2040.8% |
| Gross operating margin | 9900 | €54,247 | €96,092 | +€41,846 | +77.1% |
| Operating profit (loss) | 9901 | €53,403 | €41,304 | -€12,099 | -22.7% |
| Financial income | 75/76B | €1 | €271 | +€270 | +28422.1% |
| Recurring financial income | 75 | €1 | €271 | +€270 | +28422.1% |
| Financial charges | 65/66B | €1,536 | €8,709 | +€7,174 | +467.2% |
| Recurring financial charges | 65 | €1,536 | €8,709 | +€7,174 | +467.2% |
| Profit (loss) for the period before taxes | 9903 | €51,869 | €32,866 | -€19,003 | -36.6% |
| Income taxes | 67/77 | €10,507 | €9,696 | -€811 | -7.7% |
| Profit (loss) for the period | 9904 | €41,362 | €23,170 | -€18,192 | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41,362 | €23,170 | -€18,192 | -44.0% |
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.