DAVAMS: what changed
Two fiscal 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.
DAVAMS
Largest movements
- Stocks and contracts -€27,660
down €27,660 (-83.2%), from €33,235 to €5,575
- Cash -€25,065
down €25,065 (-79.5%), from €31,516 to €6,452
mainly Net result for the year (-€43,580) and Other debts (-€12,197)
- Receivables within one year -€4,110
down €4,110 (-98.6%), from €4,170 to €60
of which Trade receivables: -€3,556
- Deferred charges and accrued income -€813
down €813 (-12.6%), from €6,459 to €5,645
- Profit (loss) carried forward -€43,580
down €43,580, from €22,586 to -€20,994
- Other debts -€12,197
down €12,197 (-77.2%), from €15,808 to €3,611
- Tax, wage and social debts -€1,950
down €1,950 (-17.2%), from €11,314 to €9,365
of which Taxes: -€1,950
- Accrued charges and deferred income -€869
down €869 (-99.0%), from €878 to €9
- Gross operating margin -€63,042
down €63,042, from €25,000 to -€38,042
- Taxes -€3,690
down €3,690 (-90.3%), from €4,084 to €395
- Financial charges -€592
down €592 (-13.3%), from €4,448 to €3,856
- Other operating charges +€521
up €521 (+337.3%), from €154 to €675
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 | €76,603 | €18,333 | -€58,270 | -76.1% |
| Fixed assets | 21/28 | €1,224 | €602 | -€622 | -50.8% |
| Intangible fixed assets | 21 | €159 | - | -€159 | |
| Tangible fixed assets | 22/27 | €1,064 | €602 | -€462 | -43.5% |
| Plant, machinery and equipment | 23 | €72 | - | -€72 | |
| Furniture and vehicles | 24 | €992 | €602 | -€390 | -39.3% |
| Current assets | 29/58 | €75,380 | €17,731 | -€57,649 | -76.5% |
| Stocks and contracts in progress | 3 | €33,235 | €5,575 | -€27,660 | -83.2% |
| Stocks | 30/36 | €33,235 | €5,575 | -€27,660 | -83.2% |
| Amounts receivable within one year | 40/41 | €4,170 | €60 | -€4,110 | -98.6% |
| Trade receivables | 40 | €3,556 | - | -€3,556 | |
| Other amounts receivable | 41 | €614 | €60 | -€554 | -90.3% |
| Cash at bank and in hand | 54/58 | €31,516 | €6,452 | -€25,065 | -79.5% |
| Deferred charges and accrued income | 490/1 | €6,459 | €5,645 | -€813 | -12.6% |
| Total equity and liabilities | 10/49 | €76,603 | €18,333 | -€58,270 | -76.1% |
| Equity | 10/15 | €42,586 | -€994 | -€43,580 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,586 | -€20,994 | -€43,580 | |
| Amounts payable | 17/49 | €34,017 | €19,327 | -€14,690 | -43.2% |
| Amounts payable within one year | 42/48 | €33,139 | €19,319 | -€13,821 | -41.7% |
| Trade debts | 44 | €6,017 | €6,343 | +€325 | +5.4% |
| Suppliers | 440/4 | €6,017 | €6,343 | +€325 | +5.4% |
| Taxes, remuneration and social security | 45 | €11,314 | €9,365 | -€1,950 | -17.2% |
| Taxes | 450/3 | €8,614 | €6,665 | -€1,950 | -22.6% |
| Remuneration and social security | 454/9 | €2,700 | €2,700 | = | 0.0% |
| Other amounts payable | 47/48 | €15,808 | €3,611 | -€12,197 | -77.2% |
| Accrued charges and deferred income | 492/3 | €878 | €9 | -€869 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €845 | €622 | -€224 | -26.5% |
| Other operating charges | 640/8 | €154 | €675 | +€521 | +337.3% |
| Gross operating margin | 9900 | €25,000 | -€38,042 | -€63,042 | |
| Operating profit (loss) | 9901 | €24,001 | -€39,338 | -€63,339 | |
| Financial income | 75/76B | €26 | €9 | -€17 | -64.7% |
| Recurring financial income | 75 | €26 | €9 | -€17 | -64.7% |
| Financial charges | 65/66B | €4,448 | €3,856 | -€592 | -13.3% |
| Recurring financial charges | 65 | €4,448 | €3,856 | -€592 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €19,578 | -€43,185 | -€62,763 | |
| Income taxes | 67/77 | €4,084 | €395 | -€3,690 | -90.3% |
| Profit (loss) for the period | 9904 | €15,494 | -€43,580 | -€59,074 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,494 | -€43,580 | -€59,074 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.