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"DAVAN CONSTRUCT" SPRL: 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.

What changed

"DAVAN CONSTRUCT" SPRL

BE 0807.615.268
NACE 43.221, Plumbing work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€11,113
2024 · €12,375-€23,488
Equity
€60,771
2024 · €71,885-€11,113
Cash
€1,546
2024 · €14,449-€12,903
Balance sheet total
€84,312
2024 · €82,999+€1,313

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€16,175

    up €16,175 (+42.7%), from €37,860 to €54,035

    of which Other amounts receivable: +€9,143

  • Cash -€12,903

    down €12,903 (-89.3%), from €14,449 to €1,546

    mainly Receivables within one year (-€16,175) and Net result for the year (-€11,113)

  • Deferred charges and accrued income -€1,776

    down €1,776 (-79.9%), from €2,223 to €446

Equity and liabilities
  • Trade debts +€16,668

    up €16,668 (+495.5%), from €3,364 to €20,032

  • Reserves -€11,113

    down €11,113 (-16.9%), from €65,685 to €54,571

    of which Distributable reserves: -€11,113

  • Tax, wage and social debts -€2,902

    down €2,902 (-45.3%), from €6,410 to €3,509

  • Accrued charges and deferred income -€1,000

    no longer reported in 2025 (was €1,000)

Income statement
  • Gross operating margin -€30,809

    down €30,809, from €20,902 to -€9,907

  • Taxes -€5,911

    down €5,911 (-96.3%), from €6,141 to €230

  • Financial charges -€920

    down €920 (-52.8%), from €1,743 to €823

  • Depreciation -€327

    down €327 (-64.1%), from €511 to €183

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €12,375
Gross operating margin -€30,809
Staff costs +€137
Depreciation +€327
Other operating charges -€104
Financial income +€130
Financial charges +€920
Taxes +€5,911
Result 2025 -€11,113

Cash bridge derived

cash 2024 to 2025

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.

From operations -€12,562
Investment €0
Financing -€341
Cash 2024 €14,449
Net result for the year -€11,113
Depreciation +€183
Receivables within one year -€16,175
Deferred charges and accrued income +€1,776
Trade debts +€16,668
Tax, wage and social debts -€2,902
Accrued charges and deferred income -€1,000
Current portion of long-term debt -€341
Cash 2025 €1,546
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €82,999 €84,312 +€1,313 +1.6%
Fixed assets 21/28 €15,801 €15,618 -€183 -1.2%
Tangible fixed assets 22/27 €15,801 €15,618 -€183 -1.2%
Land and buildings 22 €15,573 €15,573 = 0.0%
Plant, machinery and equipment 23 €228 €45 -€183 -80.4%
Current assets 29/58 €67,198 €68,694 +€1,496 +2.2%
Stocks and contracts in progress 3 €12,667 €12,667 = 0.0%
Stocks 30/36 €12,667 €12,667 = 0.0%
Amounts receivable within one year 40/41 €37,860 €54,035 +€16,175 +42.7%
Trade receivables 40 €19,245 €26,277 +€7,032 +36.5%
Other amounts receivable 41 €18,615 €27,758 +€9,143 +49.1%
Cash at bank and in hand 54/58 €14,449 €1,546 -€12,903 -89.3%
Deferred charges and accrued income 490/1 €2,223 €446 -€1,776 -79.9%
Total equity and liabilities 10/49 €82,999 €84,312 +€1,313 +1.6%
Equity 10/15 €71,885 €60,771 -€11,113 -15.5%
Contributions 10/11 €6,200 €6,200 = 0.0%
Outside capital 11 €6,200 €6,200 = 0.0%
Other 1109/19 €6,200 €6,200 = 0.0%
Reserves 13 €65,685 €54,571 -€11,113 -16.9%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €63,825 €52,711 -€11,113 -17.4%
Amounts payable 17/49 €11,115 €23,541 +€12,426 +111.8%
Amounts payable within one year 42/48 €10,115 €23,541 +€13,426 +132.7%
Current portion of amounts payable after more than one year 42 €341 - -€341
Trade debts 44 €3,364 €20,032 +€16,668 +495.5%
Suppliers 440/4 €3,364 €20,032 +€16,668 +495.5%
Taxes, remuneration and social security 45 €6,410 €3,509 -€2,902 -45.3%
Taxes 450/3 €6,410 €3,509 -€2,902 -45.3%
Accrued charges and deferred income 492/3 €1,000 - -€1,000
Remuneration, social security and pensions 62 €307 €170 -€137 -44.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €511 €183 -€327 -64.1%
Other operating charges 640/8 €44 €149 +€104 +235.8%
Gross operating margin 9900 €20,902 -€9,907 -€30,809
Operating profit (loss) 9901 €20,040 -€10,409 -€30,449
Financial income 75/76B €219 €349 +€130 +59.5%
Recurring financial income 75 €219 €349 +€130 +59.5%
Financial charges 65/66B €1,743 €823 -€920 -52.8%
Recurring financial charges 65 €1,743 €823 -€920 -52.8%
Profit (loss) for the period before taxes 9903 €18,516 -€10,883 -€29,399
Income taxes 67/77 €6,141 €230 -€5,911 -96.3%
Profit (loss) for the period 9904 €12,375 -€11,113 -€23,488
Profit (loss) for the period to be appropriated 9905 €12,375 -€11,113 -€23,488

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 28 September 2026 via checked.be.