DAVAST: 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.
DAVAST
Largest movements
- Receivables within one year -€1,318
down €1,318 (-49.7%), from €2,649 to €1,332
of which Other amounts receivable: -€1,526
- Cash -€861
down €861 (-78.3%), from €1,099 to €239
mainly Net result for the year (-€3,210) and Accrued charges and deferred income (-€387)
- Tangible fixed assets -€309
down €309 (-1.9%), from €16,106 to €15,797
- Profit (loss) carried forward -€3,210
down €3,210 (-35.7%), from -€8,984 to -€12,194
- Other debts +€1,389
up €1,389 (+58.5%), from €2,375 to €3,764
- Accrued charges and deferred income -€387
down €387 (-83.8%), from €462 to €75
- Trade debts -€279
down €279 (-27.9%), from €1,001 to €722
- Gross operating margin -€1,877
down €1,877 (-767%), from -€245 to -€2,122
- Financial charges +€179
up €179 (+140%), from €127 to €306
- Financial income -€122
down €122 (-49.6%), from €245 to €123
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 | €19,854 | €17,367 | -€2,487 | -12.5% |
| Fixed assets | 21/28 | €16,106 | €15,797 | -€309 | -1.9% |
| Tangible fixed assets | 22/27 | €16,106 | €15,797 | -€309 | -1.9% |
| Land and buildings | 22 | €16,106 | €15,797 | -€309 | -1.9% |
| Current assets | 29/58 | €3,749 | €1,570 | -€2,178 | -58.1% |
| Amounts receivable within one year | 40/41 | €2,649 | €1,332 | -€1,318 | -49.7% |
| Trade receivables | 40 | - | €208 | +€208 | |
| Other amounts receivable | 41 | €2,649 | €1,123 | -€1,526 | -57.6% |
| Cash at bank and in hand | 54/58 | €1,099 | €239 | -€861 | -78.3% |
| Total equity and liabilities | 10/49 | €19,854 | €17,367 | -€2,487 | -12.5% |
| Equity | 10/15 | €16,016 | €12,806 | -€3,210 | -20.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,984 | -€12,194 | -€3,210 | -35.7% |
| Amounts payable | 17/49 | €3,838 | €4,561 | +€723 | +18.8% |
| Amounts payable within one year | 42/48 | €3,376 | €4,486 | +€1,110 | +32.9% |
| Trade debts | 44 | €1,001 | €722 | -€279 | -27.9% |
| Suppliers | 440/4 | €1,001 | €722 | -€279 | -27.9% |
| Other amounts payable | 47/48 | €2,375 | €3,764 | +€1,389 | +58.5% |
| Accrued charges and deferred income | 492/3 | €462 | €75 | -€387 | -83.8% |
| Non-recurring operating income | 76A | €1,231 | €0 | -€1,231 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €309 | €309 | = | 0.0% |
| Other operating charges | 640/8 | €580 | €597 | +€17 | +2.9% |
| Gross operating margin | 9900 | -€245 | -€2,122 | -€1,877 | -767% |
| Operating profit (loss) | 9901 | -€1,134 | -€3,027 | -€1,893 | -167% |
| Financial income | 75/76B | €245 | €123 | -€122 | -49.6% |
| Recurring financial income | 75 | €245 | €123 | -€122 | -49.6% |
| Financial charges | 65/66B | €127 | €306 | +€179 | +140% |
| Recurring financial charges | 65 | €127 | €306 | +€179 | +140% |
| Profit (loss) for the period before taxes | 9903 | -€1,016 | -€3,210 | -€2,193 | -216% |
| Profit (loss) for the period | 9904 | -€1,016 | -€3,210 | -€2,193 | -216% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,016 | -€3,210 | -€2,193 | -216% |
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 16 October 2026 via checked.be.