DAVANA: 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.
DAVANA
Largest movements
- Tangible fixed assets -€8,751
down €8,751 (-13.1%), from €66,744 to €57,993
of which Leasing and similar rights: -€8,191
- Receivables within one year -€7,161
down €7,161 (-64.2%), from €11,161 to €4,000
of which Other amounts receivable: -€5,115
- Intangible fixed assets -€3,000
down €3,000 (-11.5%), from €26,000 to €23,000
- Profit (loss) carried forward -€15,663
down €15,663 (-406%), from -€3,858 to -€19,521
- Debts after one year -€11,466
down €11,466 (-33.2%), from €34,581 to €23,115
- Other debts +€8,741
up €8,741 (+19.6%), from €44,680 to €53,421
- Trade debts -€2,716
down €2,716 (-44.7%), from €6,082 to €3,366
- Tax, wage and social debts +€1,353
up €1,353 (+60.8%), from €2,228 to €3,581
of which Taxes: +€1,057
- Gross operating margin -€21,090
down €21,090 (-41.9%), from €50,370 to €29,279
- Depreciation -€4,610
down €4,610 (-28.2%), from €16,361 to €11,751
- Staff costs -€2,640
down €2,640 (-9.4%), from €28,040 to €25,400
- Financial charges -€1,927
down €1,927 (-29.0%), from €6,641 to €4,713
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.
Derived cash bridge
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 | €104,322 | €85,427 | -€18,895 | -18.1% |
| Fixed assets | 21/28 | €92,744 | €80,993 | -€11,751 | -12.7% |
| Intangible fixed assets | 21 | €26,000 | €23,000 | -€3,000 | -11.5% |
| Tangible fixed assets | 22/27 | €66,744 | €57,993 | -€8,751 | -13.1% |
| Plant, machinery and equipment | 23 | €2,263 | €1,703 | -€560 | -24.7% |
| Leasing and similar rights | 25 | €64,481 | €56,290 | -€8,191 | -12.7% |
| Current assets | 29/58 | €11,578 | €4,434 | -€7,144 | -61.7% |
| Stocks and contracts in progress | 3 | - | €1 | +€1 | |
| Stocks | 30/36 | - | €1 | +€1 | |
| Amounts receivable within one year | 40/41 | €11,161 | €4,000 | -€7,161 | -64.2% |
| Trade receivables | 40 | €2,046 | - | -€2,046 | |
| Other amounts receivable | 41 | €9,115 | €4,000 | -€5,115 | -56.1% |
| Cash at bank and in hand | 54/58 | €240 | €322 | +€82 | +34.0% |
| Deferred charges and accrued income | 490/1 | €176 | €111 | -€65 | -37.1% |
| Total equity and liabilities | 10/49 | €104,322 | €85,427 | -€18,895 | -18.1% |
| Equity | 10/15 | €6,142 | -€9,521 | -€15,663 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,858 | -€19,521 | -€15,663 | -406% |
| Amounts payable | 17/49 | €98,181 | €94,949 | -€3,232 | -3.3% |
| Amounts payable after more than one year | 17 | €34,581 | €23,115 | -€11,466 | -33.2% |
| Financial debts | 170/4 | €34,581 | €23,115 | -€11,466 | -33.2% |
| Amounts payable within one year | 42/48 | €63,600 | €71,834 | +€8,234 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €10,610 | €11,466 | +€856 | +8.1% |
| Trade debts | 44 | €6,082 | €3,366 | -€2,716 | -44.7% |
| Suppliers | 440/4 | €6,082 | €3,366 | -€2,716 | -44.7% |
| Taxes, remuneration and social security | 45 | €2,228 | €3,581 | +€1,353 | +60.8% |
| Taxes | 450/3 | €214 | €1,271 | +€1,057 | +493% |
| Remuneration and social security | 454/9 | €2,013 | €2,310 | +€296 | +14.7% |
| Other amounts payable | 47/48 | €44,680 | €53,421 | +€8,741 | +19.6% |
| Remuneration, social security and pensions | 62 | €28,040 | €25,400 | -€2,640 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,361 | €11,751 | -€4,610 | -28.2% |
| Other operating charges | 640/8 | €3,208 | €2,921 | -€287 | -8.9% |
| Gross operating margin | 9900 | €50,370 | €29,279 | -€21,090 | -41.9% |
| Operating profit (loss) | 9901 | €2,761 | -€10,792 | -€13,553 | |
| Financial income | 75/76B | €22 | €7 | -€14 | -65.9% |
| Recurring financial income | 75 | €22 | €7 | -€14 | -65.9% |
| Financial charges | 65/66B | €6,641 | €4,713 | -€1,927 | -29.0% |
| Recurring financial charges | 65 | €6,641 | €4,713 | -€1,927 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,858 | -€15,498 | -€11,640 | -302% |
| Income taxes | 67/77 | - | €165 | +€165 | |
| Profit (loss) for the period | 9904 | -€3,858 | -€15,663 | -€11,805 | -306% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,858 | -€15,663 | -€11,805 | -306% |
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 18 October 2026 via checked.be.