DAVACARE: 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.
DAVACARE
Largest movements
- Tangible fixed assets -€32,109
down €32,109 (-14.0%), from €229,212 to €197,102
of which Land and buildings: -€18,353
- Intangible fixed assets +€29,516
up €29,516, from €0 to €29,516
- Receivables within one year +€25,075
up €25,075 (+151.9%), from €16,504 to €41,579
of which Trade receivables: +€29,505
- Cash -€4,581
down €4,581 (-16.3%), from €28,020 to €23,439
mainly Investment in fixed assets (net) (-€30,000) and Receivables within one year (-€25,075)
- Trade debts +€27,184
up €27,184 (+4629.5%), from €587 to €27,771
- Debts after one year -€10,132
down €10,132 (-21.7%), from €46,722 to €36,591
- Gross operating margin -€60,852
down €60,852 (-58.5%), from €103,932 to €43,080
- Taxes -€10,510
down €10,510 (-75.1%), from €13,991 to €3,481
- Staff costs -€2,243
down €2,243 (-100.0%), from €2,243 to €0
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 | €278,256 | €296,196 | +€17,940 | +6.4% |
| Fixed assets | 21/28 | €229,212 | €226,619 | -€2,593 | -1.1% |
| Intangible fixed assets | 21 | €0 | €29,516 | +€29,516 | |
| Tangible fixed assets | 22/27 | €229,212 | €197,102 | -€32,109 | -14.0% |
| Land and buildings | 22 | €169,946 | €151,592 | -€18,353 | -10.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €52,666 | €38,910 | -€13,756 | -26.1% |
| Other tangible fixed assets | 26 | €6,600 | €6,600 | = | 0.0% |
| Current assets | 29/58 | €49,044 | €69,577 | +€20,533 | +41.9% |
| Amounts receivable within one year | 40/41 | €16,504 | €41,579 | +€25,075 | +151.9% |
| Trade receivables | 40 | €495 | €30,000 | +€29,505 | +5958.6% |
| Other amounts receivable | 41 | €16,009 | €11,579 | -€4,430 | -27.7% |
| Cash at bank and in hand | 54/58 | €28,020 | €23,439 | -€4,581 | -16.3% |
| Deferred charges and accrued income | 490/1 | €4,520 | €4,559 | +€39 | +0.9% |
| Total equity and liabilities | 10/49 | €278,256 | €296,196 | +€17,940 | +6.4% |
| Equity | 10/15 | €218,890 | €221,644 | +€2,754 | +1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €200,290 | €203,044 | +€2,754 | +1.4% |
| Distributable reserves | 133 | €200,290 | €203,044 | +€2,754 | +1.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €59,366 | €74,552 | +€15,186 | +25.6% |
| Amounts payable after more than one year | 17 | €46,722 | €36,591 | -€10,132 | -21.7% |
| Financial debts | 170/4 | €46,722 | €36,591 | -€10,132 | -21.7% |
| Amounts payable within one year | 42/48 | €12,606 | €37,903 | +€25,297 | +200.7% |
| Current portion of amounts payable after more than one year | 42 | €9,992 | €10,132 | +€140 | +1.4% |
| Trade debts | 44 | €587 | €27,771 | +€27,184 | +4629.5% |
| Suppliers | 440/4 | €587 | €27,771 | +€27,184 | +4629.5% |
| Other amounts payable | 47/48 | €2,027 | €0 | -€2,027 | -100.0% |
| Accrued charges and deferred income | 492/3 | €37 | €58 | +€21 | +56.7% |
| Non-recurring operating income | 76A | €25,819 | €30,000 | +€4,181 | +16.2% |
| Remuneration, social security and pensions | 62 | €2,243 | €0 | -€2,243 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,687 | €32,593 | +€906 | +2.9% |
| Other operating charges | 640/8 | €2,657 | €3,456 | +€799 | +30.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €103,932 | €43,080 | -€60,852 | -58.5% |
| Operating profit (loss) | 9901 | €67,345 | €7,031 | -€60,314 | -89.6% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €961 | €796 | -€164 | -17.1% |
| Recurring financial charges | 65 | €961 | €796 | -€164 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €66,384 | €6,235 | -€60,149 | -90.6% |
| Income taxes | 67/77 | €13,991 | €3,481 | -€10,510 | -75.1% |
| Profit (loss) for the period | 9904 | €52,394 | €2,754 | -€49,640 | -94.7% |
| Profit (loss) for the period to be appropriated | 9905 | €52,394 | €2,754 | -€49,640 | -94.7% |
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 9 October 2026 via checked.be.