DAVANS: 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.
DAVANS
Largest movements
- Intangible fixed assets +€94,247
new in 2024: €94,247
- Financial fixed assets +€75,000
up €75,000 (+112057.4%), from €67 to €75,067
- Tangible fixed assets +€25,150
up €25,150 (+318.7%), from €7,891 to €33,041
of which Other tangible fixed assets: +€24,440
- Receivables within one year +€5,565
up €5,565 (+12.5%), from €44,459 to €50,023
of which Trade receivables: +€7,411
- Receivables after one year -€4,500
no longer reported in 2024 (was €4,500)
- Trade debts +€104,364
up €104,364 (+31065.2%), from €336 to €104,699
- Reserves +€77,060
up €77,060 (+132.1%), from €58,354 to €135,414
- Tax, wage and social debts +€8,395
up €8,395 (+69.8%), from €12,034 to €20,429
- Current portion of long-term debt +€5,412
new in 2024: €5,412
- Gross operating margin +€82,748
up €82,748 (+348.4%), from €23,749 to €106,497
- Taxes +€12,109
up €12,109 (+187.3%), from €6,463 to €18,572
- Depreciation +€7,345
up €7,345 (+409.3%), from €1,794 to €9,139
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,382 | €273,632 | +€197,250 | +258.2% |
| Fixed assets | 21/28 | €7,958 | €202,355 | +€194,396 | +2442.7% |
| Intangible fixed assets | 21 | - | €94,247 | +€94,247 | |
| Tangible fixed assets | 22/27 | €7,891 | €33,041 | +€25,150 | +318.7% |
| Furniture and vehicles | 24 | €830 | €1,540 | +€710 | +85.4% |
| Other tangible fixed assets | 26 | €7,061 | €31,501 | +€24,440 | +346.1% |
| Financial fixed assets | 28 | €67 | €75,067 | +€75,000 | +112057.4% |
| Current assets | 29/58 | €68,424 | €71,278 | +€2,853 | +4.2% |
| Amounts receivable after more than one year | 29 | €4,500 | - | -€4,500 | |
| Other amounts receivable | 291 | €4,500 | - | -€4,500 | |
| Amounts receivable within one year | 40/41 | €44,459 | €50,023 | +€5,565 | +12.5% |
| Trade receivables | 40 | €12,600 | €20,011 | +€7,411 | +58.8% |
| Other amounts receivable | 41 | €31,859 | €30,012 | -€1,846 | -5.8% |
| Cash at bank and in hand | 54/58 | €19,465 | €21,254 | +€1,789 | +9.2% |
| Total equity and liabilities | 10/49 | €76,382 | €273,632 | +€197,250 | +258.2% |
| Equity | 10/15 | €60,354 | €137,414 | +€77,060 | +127.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €58,354 | €135,414 | +€77,060 | +132.1% |
| Distributable reserves | 133 | €58,354 | €135,414 | +€77,060 | +132.1% |
| Amounts payable | 17/49 | €16,029 | €136,219 | +€120,190 | +749.8% |
| Amounts payable after more than one year | 17 | €2,975 | €5,677 | +€2,702 | +90.8% |
| Financial debts | 170/4 | €2,975 | €5,677 | +€2,702 | +90.8% |
| Amounts payable within one year | 42/48 | €13,054 | €130,541 | +€117,487 | +900.0% |
| Current portion of amounts payable after more than one year | 42 | - | €5,412 | +€5,412 | |
| Trade debts | 44 | €336 | €104,699 | +€104,364 | +31065.2% |
| Suppliers | 440/4 | €336 | €104,699 | +€104,364 | +31065.2% |
| Taxes, remuneration and social security | 45 | €12,034 | €20,429 | +€8,395 | +69.8% |
| Taxes | 450/3 | €12,034 | €20,429 | +€8,395 | +69.8% |
| Other amounts payable | 47/48 | €683 | - | -€683 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,794 | €9,139 | +€7,345 | +409.3% |
| Other operating charges | 640/8 | €155 | €69 | -€86 | -55.4% |
| Gross operating margin | 9900 | €23,749 | €106,497 | +€82,748 | +348.4% |
| Operating profit (loss) | 9901 | €21,800 | €97,289 | +€75,489 | +346.3% |
| Financial income | 75/76B | €242 | €94 | -€148 | -61.0% |
| Recurring financial income | 75 | €242 | €94 | -€148 | -61.0% |
| Financial charges | 65/66B | €1,105 | €1,752 | +€647 | +58.6% |
| Recurring financial charges | 65 | €1,105 | €1,752 | +€647 | +58.6% |
| Profit (loss) for the period before taxes | 9903 | €20,937 | €95,632 | +€74,695 | +356.8% |
| Income taxes | 67/77 | €6,463 | €18,572 | +€12,109 | +187.3% |
| Profit (loss) for the period | 9904 | €14,474 | €77,060 | +€62,586 | +432.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,474 | €77,060 | +€62,586 | +432.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.